Pfizer Inc (PFE) — Free Cash Flow Generation Index
Latest as of March 2026:
0.83x
Pfizer Inc (PFE) has a Free Cash Flow Generation Index of 0.83x as of March 2026. Free cash flow of $2.18 Billion represents 1% of operating cash flow ($2.62 Billion). Read how much debt does Pfizer Inc carry for a breakdown of total debt and financial obligations.
FCF Generation Index
0.83x
Free Cash Flow / Operating CF
Free Cash Flow
$2.18 Billion
USD
Operating Cash Flow
$2.62 Billion
USD
Capital Expenditures
$436.00 Million
USD
Pfizer Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Pfizer Inc across 37 annual periods. Explore Pfizer Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Pfizer Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Pfizer Inc. For the full company profile including market capitalisation, see PFE company net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.78x | $9.08 Billion | $11.71 Billion | $2.63 Billion | ▲ +0.5% |
| 2024 | 0.77x | $9.84 Billion | $12.74 Billion | $2.91 Billion | ▲ +40.1% |
| 2023 | 0.55x | $4.79 Billion | $8.70 Billion | $3.91 Billion | ▼ -38.1% |
| 2022 | 0.89x | $26.03 Billion | $29.27 Billion | $3.24 Billion | ▼ -3.0% |
| 2021 | 0.92x | $29.87 Billion | $32.58 Billion | $2.71 Billion | ▲ +13.7% |
| 2020 | 0.81x | $11.61 Billion | $14.40 Billion | $2.79 Billion | ▲ +1.5% |
| 2019 | 0.79x | $9.99 Billion | $12.59 Billion | $2.59 Billion | ▼ -7.8% |
| 2018 | 0.86x | $13.63 Billion | $15.83 Billion | $2.20 Billion | ▼ -0.5% |
| 2017 | 0.87x | $14.25 Billion | $16.47 Billion | $2.22 Billion | ▼ -1.0% |
| 2016 | 0.87x | $13.90 Billion | $15.90 Billion | $2.00 Billion | ▼ -2.5% |
| 2015 | 0.90x | $13.02 Billion | $14.51 Billion | $1.50 Billion | ▼ -1.0% |
| 2014 | 0.91x | $15.30 Billion | $16.88 Billion | $1.58 Billion | ▼ -1.2% |
| 2013 | 0.92x | $16.30 Billion | $17.77 Billion | $1.47 Billion | ▼ -0.5% |
| 2012 | 0.92x | $15.73 Billion | $17.05 Billion | $1.33 Billion | ▲ +0.5% |
| 2011 | 0.92x | $18.58 Billion | $20.24 Billion | $1.66 Billion | ▲ +5.8% |
| 2010 | 0.87x | $9.94 Billion | $11.45 Billion | $1.51 Billion | ▼ -6.4% |
| 2009 | 0.93x | $15.38 Billion | $16.59 Billion | $1.21 Billion | ▲ +2.3% |
| 2008 | 0.91x | $16.54 Billion | $18.24 Billion | $1.70 Billion | ▲ +5.5% |
| 2007 | 0.86x | $11.47 Billion | $13.35 Billion | $1.88 Billion | ▼ -2.7% |
| 2006 | 0.88x | $15.54 Billion | $17.59 Billion | $2.05 Billion | ▲ +3.1% |
| 2005 | 0.86x | $12.63 Billion | $14.73 Billion | $2.11 Billion | ▲ +1.9% |
| 2004 | 0.84x | $13.74 Billion | $16.34 Billion | $2.60 Billion | ▲ +8.5% |
| 2003 | 0.78x | $9.10 Billion | $11.74 Billion | $2.64 Billion | ▼ -6.3% |
| 2002 | 0.83x | $8.43 Billion | $10.18 Billion | $1.76 Billion | ▲ +8.6% |
| 2001 | 0.76x | $7.06 Billion | $9.26 Billion | $2.20 Billion | ▲ +17.9% |
| 2000 | 0.65x | $4.00 Billion | $6.20 Billion | $2.19 Billion | ▲ +32.1% |
| 1999 | 0.49x | $1.50 Billion | $3.06 Billion | $1.56 Billion | ▼ -17.2% |
| 1998 | 0.59x | $1.73 Billion | $2.93 Billion | $1.20 Billion | ▲ +40.3% |
| 1997 | 0.42x | $686.00 Million | $1.63 Billion | $943.00 Million | ▼ -32.7% |
| 1996 | 0.63x | $1.29 Billion | $2.07 Billion | $774.00 Million | ▲ +1.3% |
| 1995 | 0.62x | $1.13 Billion | $1.82 Billion | $696.30 Million | ▲ +12.5% |
| 1994 | 0.55x | $817.00 Million | $1.49 Billion | $671.50 Million | ▲ +10.2% |
| 1993 | 0.50x | $628.80 Million | $1.26 Billion | $634.20 Million | ▲ +202.5% |
| 1992 | 0.16x | $132.80 Million | $807.00 Million | $674.20 Million | ▼ -45.0% |
| 1991 | 0.30x | $253.80 Million | $847.60 Million | $593.80 Million | ▼ -17.7% |
| 1990 | 0.36x | $313.00 Million | $860.50 Million | $547.50 Million | ▲ +19.7% |
| 1989 | 0.30x | $199.30 Million | $655.80 Million | $456.50 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).