Pfizer Inc (PFE) — Capital Reinvestment Ratio
Latest as of March 2026:
0.17x
Pfizer Inc (PFE) has a Capital Reinvestment Ratio of 0.17x as of March 2026, meaning it reinvests 0% of its operating cash flow ($2.62 Billion) in capital expenditures ($436.00 Million). See how much free cash does Pfizer Inc generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.17x
Capex / Operating Cash Flow
Operating Cash Flow
$2.62 Billion
USD
Capital Expenditures
$436.00 Million
USD
Data as of
Mar 2026
Most recent filing
Pfizer Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Pfizer Inc's Capital Reinvestment Ratio across 37 annual periods.
Annual Capital Reinvestment Ratio for Pfizer Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Pfizer Inc from 1989 to 2025. For live market cap and broader valuation context, see Pfizer Inc stock valuation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.22x | $11.71 Billion | $2.63 Billion | ▼ -1.6% |
| 2024 | 0.23x | $12.74 Billion | $2.91 Billion | ▼ -49.2% |
| 2023 | 0.45x | $8.70 Billion | $3.91 Billion | ▲ +306.2% |
| 2022 | 0.11x | $29.27 Billion | $3.24 Billion | ▲ +32.9% |
| 2021 | 0.08x | $32.58 Billion | $2.71 Billion | ▼ -57.1% |
| 2020 | 0.19x | $14.40 Billion | $2.79 Billion | ▼ -6.0% |
| 2019 | 0.21x | $12.59 Billion | $2.59 Billion | ▲ +48.5% |
| 2018 | 0.14x | $15.83 Billion | $2.20 Billion | ▲ +3.1% |
| 2017 | 0.13x | $16.47 Billion | $2.22 Billion | ▲ +7.1% |
| 2016 | 0.13x | $15.90 Billion | $2.00 Billion | ▲ +22.0% |
| 2015 | 0.10x | $14.51 Billion | $1.50 Billion | ▲ +9.9% |
| 2014 | 0.09x | $16.88 Billion | $1.58 Billion | ▲ +13.7% |
| 2013 | 0.08x | $17.77 Billion | $1.47 Billion | ▲ +6.0% |
| 2012 | 0.08x | $17.05 Billion | $1.33 Billion | ▼ -5.1% |
| 2011 | 0.08x | $20.24 Billion | $1.66 Billion | ▼ -37.9% |
| 2010 | 0.13x | $11.45 Billion | $1.51 Billion | ▲ +81.8% |
| 2009 | 0.07x | $16.59 Billion | $1.21 Billion | ▼ -22.1% |
| 2008 | 0.09x | $18.24 Billion | $1.70 Billion | ▼ -33.8% |
| 2007 | 0.14x | $13.35 Billion | $1.88 Billion | ▲ +20.8% |
| 2006 | 0.12x | $17.59 Billion | $2.05 Billion | ▼ -18.5% |
| 2005 | 0.14x | $14.73 Billion | $2.11 Billion | ▼ -10.2% |
| 2004 | 0.16x | $16.34 Billion | $2.60 Billion | ▼ -29.2% |
| 2003 | 0.22x | $11.74 Billion | $2.64 Billion | ▲ +30.3% |
| 2002 | 0.17x | $10.18 Billion | $1.76 Billion | ▼ -27.4% |
| 2001 | 0.24x | $9.26 Billion | $2.20 Billion | ▼ -32.8% |
| 2000 | 0.35x | $6.20 Billion | $2.19 Billion | ▼ -30.8% |
| 1999 | 0.51x | $3.06 Billion | $1.56 Billion | ▲ +24.9% |
| 1998 | 0.41x | $2.93 Billion | $1.20 Billion | ▼ -29.3% |
| 1997 | 0.58x | $1.63 Billion | $943.00 Million | ▲ +54.6% |
| 1996 | 0.37x | $2.07 Billion | $774.00 Million | ▼ -2.0% |
| 1995 | 0.38x | $1.82 Billion | $696.30 Million | ▼ -15.3% |
| 1994 | 0.45x | $1.49 Billion | $671.50 Million | ▼ -10.2% |
| 1993 | 0.50x | $1.26 Billion | $634.20 Million | ▼ -39.9% |
| 1992 | 0.84x | $807.00 Million | $674.20 Million | ▲ +19.3% |
| 1991 | 0.70x | $847.60 Million | $593.80 Million | ▲ +10.1% |
| 1990 | 0.64x | $860.50 Million | $547.50 Million | ▼ -8.6% |
| 1989 | 0.70x | $655.80 Million | $456.50 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow