Pfizer Inc (PFE)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands 8,023,000 1,058,000 34,729,000 24,311,000 7,497,000
Revenue US$ in thousands 63,627,000 58,496,000 100,330,000 81,288,000 41,908,000
Pretax margin 12.61% 1.81% 34.61% 29.91% 17.89%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $8,023,000K ÷ $63,627,000K
= 12.61%

Pfizer Inc's pretax margin has shown fluctuations over the years. The pretax margin increased from 17.89% in December 2020 to 29.91% by December 2021, indicating improved profitability before taxes. In December 2022, the pretax margin further increased to 34.61%, reflecting strong financial performance. However, there was a notable decline in December 2023, with the pretax margin dropping to 1.81%, potentially indicating challenges or expenses impacting profitability. By December 2024, the pretax margin showed a partial recovery, increasing to 12.61%. Overall, the trend highlights both the strengths and potential challenges in Pfizer Inc's financial performance over the analyzed period.