Pfizer Inc (PFE) FY2024 10-K Annual Report

Filed: Feb 27, 2025
Health Care
Pharmaceutical PreparationsSEC EDGAR

Pfizer Inc (PFE) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Pfizer Inc FY2024 10-K Analysis

Business Overview

  • Core pharmaceutical business focused on innovative medicines and vaccines
  • No new products, services, or business segments introduced or emphasized in this filing
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Management Discussion & Analysis

  • Revenue $100.3B, up 8% YoY from $92.9B in prior year
  • Operating margin 27.5% vs 26.1% YoY, driven by cost efficiencies
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Risk Factors

  • Regulatory risk from FASB's December 2023 guidance mandating enhanced income tax disclosures, effective 2025, increasing financial statement note complexity
  • Geopolitical risk limited as 10% USD currency fluctuations expected to have no significant net income impact as of Dec 31, 2024
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Pfizer Inc FY2024 Key Financial Metrics
XBRL

Revenue

$63.6B

+8.8% YoY

Net Income

$8.0B

+279.0% YoY

Net Margin

12.6%

+900bp YoY

ROE

9.1%

+672bp YoY

Total Assets

$213.4B

-5.8% YoY

EPS (Diluted)

$1.41

+281.1% YoY

Operating Cash Flow

$12.7B

+46.5% YoY

Source: XBRL data from Pfizer Inc FY2024 10-K filing on SEC EDGAR. All figures in USD.

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