Pfizer Inc., is a global pharmaceutical company headquartered in New York City, New York, United States. It was founded by Charles Pfizer from Ludwigsburg. Pfizer is the second largest pharmaceutical company in the world after Roche, followed by Novartis.
Operating Margin for Pfizer (PFE)
Operating Margin as of April 2024 (TTM): 34.61%
According to Pfizer's latest financial reports and stock price the company's current Operating Margin is 34.61%. At the end of 2022 the company had an Operating Margin of 34.61%.
Operating Margin history for Pfizer from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 34.61% | 15.74% |
| 2021 | 29.91% | 67.18% |
| 2020 | 17.89% | -47.64% |
| 2019 | 34.17% | 54.23% |
| 2018 | 22.15% | -5.4% |
| 2017 | 23.42% | 48.13% |
| 2016 | 15.81% | -13.85% |
| 2015 | 18.35% | -25.63% |
| 2014 | 24.67% | -19.01% |
| 2013 | 30.47% | 48.77% |
| 2012 | 20.48% | 8.2% |
| 2011 | 18.93% | 36.22% |
| 2010 | 13.89% | -35.82% |
| 2009 | 21.65% | 7.86% |
| 2008 | 20.07% | 4.75% |
| 2007 | 19.16% | -28.85% |
| 2006 | 26.93% | 19.79% |
| 2005 | 22.48% | -15.7% |
| 2004 | 26.67% | 269.37% |
| 2003 | 7.22% | -80.18% |
| 2002 | 36.44% | 13.8% |
| 2001 | 32.02% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 22.88% | -33.89% | 🇺🇸 USA |
 Novartis NVS | 17.27% | -50.10% | 🇨🇭 Switzerland |
 Abbott Laboratories ABT | 15.60% | -54.93% | 🇺🇸 USA |
 Eli Lilly LLY | 24.66% | -28.75% | 🇺🇸 USA |
 Amgen AMGN | 34.59% | -0.06% | 🇺🇸 USA |
 Merck MRK | 27.73% | -19.88% | 🇺🇸 USA |
 Bristol-Myers Squibb BMY | 19.24% | -44.41% | 🇺🇸 USA |
 AstraZeneca AZN | 5.63% | -83.73% | 🇬🇧 UK |
 GlaxoSmithKline GSK | 22.54% | -34.87% | 🇬🇧 UK |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.