Pfizer price to free cash flow PFE
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 15.6×
- 10-year median
- 15.0×
- Against its 10-year history
- 58th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 8.2× to 34.7×
- Peer median
- 22.3×
Pfizer's price to free cash flow is 15.6× as of Oct 23, 2026.
That is above its ten-year median of 15.0×, close to the middle of its last ten years.
Over that time it ranged from 8.2× in Jun 2022 to 34.7× in Sep 2024.
The median for 8 large drugmakers of a similar size is 22.3×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 15.6× | 13.8× | 17.7× |
| 2025 | 13.7× | 10.9× | 18.4× |
| 2024 | 18.3× | 17.1× | 34.7× |
| 2023 | 19.9× | 8.3× | 21.1× |
| 2022 | 12.3× | 8.2× | 12.4× |
| 2021 | 11.1× | 9.4× | 19.8× |
| 2020 | 19.7× | 14.2× | 22.0× |
| 2019 | 18.1× | 14.1× | 18.1× |
| 2018 | 14.9× | 13.2× | 16.3× |
| 2017 | 15.1× | 14.0× | 15.5× |
| 2016 | 14.5× | 12.1× | 15.1× |
| 2015 | 13.4× | 11.7× | 15.6× |
| 2014 | 11.8× | 9.6× | 12.4× |
| 2013 | 11.8× | 11.6× | 13.5× |
| 2012 | 11.1× | 7.8× | 12.2× |
| 2011 | 8.0× | 5.9× | 17.0× |
| 2010 | 15.4× | 14.6× | 22.3× |
Against its peers
Companies in Drug Manufacturers - General nearest Pfizer's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| PFEPfizer | 15.6× |
| GILDGilead Sciences | 14.9× |
| BMYBristol-Myers Squibb | 11.0× |
| AMGNAmgen | 23.3× |
| MRKMerck | 22.3× |
| ABBVAbbVie | 27.7× |
| JNJJohnson & Johnson | n/m |
| BIIBBiogen | 13.7× |
| LLYEli Lilly and | 65.9× |
| Peer median | 22.3× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Pfizer
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.