Pfizer Inc (PFE)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -17,800,000 | -6,774,000 | 4,877,000 | 15,085,000 | 16,373,000 | 15,970,000 | 14,391,000 | 8,361,000 | 3,385,000 | 4,276,000 | -1,246,000 | -4,435,000 | -5,396,000 | -7,503,000 | -6,189,000 | -4,809,000 | -5,087,000 | -4,436,000 | -3,542,000 | -3,884,000 |
| Total assets | US$ in thousands | 227,000,000 | 215,021,000 | 220,000,000 | 195,617,000 | 197,000,000 | 195,350,000 | 195,290,000 | 183,841,000 | 181,000,000 | 179,188,000 | 169,920,000 | 158,818,000 | 154,229,000 | 178,983,000 | 178,000,000 | 166,000,000 | 167,594,000 | 170,000,000 | 156,000,000 | 155,421,000 |
| Operating ROA | -7.84% | -3.15% | 2.22% | 7.71% | 8.31% | 8.18% | 7.37% | 4.55% | 1.87% | 2.39% | -0.73% | -2.79% | -3.50% | -4.19% | -3.48% | -2.90% | -3.04% | -2.61% | -2.27% | -2.50% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-17,800,000K ÷ $227,000,000K
= -7.84%
Pfizer Inc.'s operating return on assets (operating ROA) has shown some fluctuation over the past eight quarters. In Q1 2022, the operating ROA stood at 13.86%, and this figure consistently increased over the next three quarters, reaching its peak at 18.90% in Q4 2022. However, in Q1 2023, there was a significant decline in the operating ROA to 17.22%, followed by further decreases in the subsequent quarters.
Overall, Pfizer Inc.'s operating ROA has displayed a general downward trend from Q1 2023 to Q4 2023. This suggests that the company's ability to generate operating profits from its assets has weakened over this period. It would be important for stakeholders to closely monitor the company's operational efficiency and profitability to understand the factors driving these fluctuations in operating ROA.
Peer comparison
Dec 31, 2023