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Pfizer Inc

Exchange: NYSESector: HealthcareIndustry: Drug Manufacturers - General

At Pfizer Oncology, we are at the forefront of a new era in cancer care. Our industry-leading portfolio and extensive pipeline includes three core mechanisms of action to attack cancer from multiple angles, including small molecules, antibody-drug conjugates (ADCs), and multispecific antibodies, including other immune-oncology biologics. We are focused on delivering transformative therapies in some of the world's most common cancers, including breast cancer, gastrointestinal cancer, genitourinary cancer, hematology-oncology, and thoracic cancers, which includes lung cancer. Driven by science, we are committed to accelerating breakthroughs to help people with cancer live better and longer lives. About the Pfizer, Astellas and Merck Collaboration Seagen and Astellas entered a clinical collaboration agreement with Merck to evaluate the combination of Seagen's and Astellas' PADCEV™ (enfortumab vedotin) and Merck's Keytruda ® (pembrolizumab) in patients with muscle-invasive bladder cancer (MIBC) who are eligible for cisplatin-based chemotherapy. Seagen and Astellas entered a clinical collaboration agreement with Merck to evaluate the combination of Seagen's and Astellas' PADCEV™ (enfortumab vedotin) and Merck's Keytruda ® (pembrolizumab) in patients with muscle-invasive bladder cancer (MIBC) who are eligible for cisplatin-based chemotherapy. Pfizer Inc. successfully completed its acquisition of Seagen on December 14, 2023. Keytruda is a registered trademark of Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc., Rahway, NJ, USA (known as MSD outside of the United States and Canada).

Did you know?

Free cash flow has been growing at -2.5% annually.

Current Price

$26.67

-0.49%

GoodMoat Value

$17.95

32.7% overvalued
Profile
Valuation (TTM)
Market Cap$151.64B
P/E19.52
EV$203.41B
P/B1.75
Shares Out5.69B
P/Sales2.42
Revenue$62.58B
EV/EBITDA14.39

Pfizer Inc (PFE) Dividends

GoodMoat Analysis

Based on data as of March 26, 2026

Pfizer's dividend profile presents a mixed picture for an income-focused value investor. The high 6.3% yield is attractive, but its sustainability is under pressure due to a high payout ratio and declining revenue. The company's strong balance sheet provides some support, but the core business quality indicators are weak.

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Pfizer's dividend yield of 6.30% is significantly above the broader market and the healthcare sector average, making it superficially attractive for income. However, sustainability is a key concern. The dividend payout ratio is high, with the $1.36 EPS only modestly covering the annual dividend of approximately $1.68 per share, implying a payout ratio near 124% of earnings. This is a red flag under a traditional earnings-based view. The analysis must shift to free cash flow, a more reliable metric for dividend coverage. The provided FCF Yield of 5.9% suggests the dividend is consuming a substantial portion of the company's cash generation. While the balance sheet is a relative strength with a Debt/Equity ratio of 0.75, which is below the framework's caution threshold of 1.0, the underlying business quality is unfavourable. Key indicators from Section 2 of the framework are weak: revenue growth is negative at -1.2% YoY, and ROE at 9.0% is below the 15-20% threshold for high quality. The lack of revenue growth and profitability pressures challenge the company's ability to grow the dividend. Currently, the dividend appears maintained but not growing, supported more by the balance sheet than by robust, growing operational cash flow. For a value investor, this represents a high-yield but higher-risk income proposition, where the payout is secure in the near term but long-term growth is questionable without a business turnaround.

Dividend Overview

Dividend Yield

6.44%

Dividend / Share

$1.72

Key Metrics

Market Cap

$151.64B

P/E Ratio

19.52

Forward P/E

EPS

$1.36

PEG Ratio

-0.04

Book Value

$15.21

Dividend Yield

6.44%

Profit Margin

12.42%

ROE

8.99%

Dividend History

Dividend Safety

PFE Dividend Analysis

Pfizer Inc (PFE) dividend analysis including yield, payout history, and sustainability metrics. The current dividend yield is 6.44%. The annual dividend per share is $1.72.

P/E ratio: 19.52. Profit margin: 12.42%. Free cash flow: $9.07B. This page shows Pfizer Inc's dividend overview, key metrics, historical payout data, and dividend safety assessment to help income-focused investors evaluate the sustainability of dividend payments.

GoodMoat's dividend analyzer evaluates payout ratios, earnings coverage, and free cash flow coverage to determine how well supported Pfizer Inc's dividend payments are. Use this analysis alongside the company's financial statements and quality score to make informed income-investing decisions.