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Pfizer Inc  (PFE)
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Pfizer Inc's Annual Effective Tax Rate

Five Year Trends




PFE Annual Effective Tax Rate

(Dec 31 2020)
(Dec 31 2019)
(Dec 31 2018)
(Dec 31 2017)
(Dec 31 2016)
Y / Y Annual Pre-Tax Income Growth -57.6 % 48.78 % -3.41 % 47.35 % -6.85 %
Y / Y Annual Income taxes expenses / -benefit Growth -65.53 % 96.03 % - - -43.57 %
Annual Effective Tax Rate 6.36 % 7.83 % 5.94 % - 13.45 %


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Annual Effective Tax Rate Comment
Pfizer Inc's effective tax rate in (Dec 31 2020) decreased compare to previous year to 6.36 % from 7.83 % a year ago.
PFE payed income tax of $477 millions of dollars in (Dec 31 2020) and $1384 millions one year before.



Companies with similar Annual Effective Tax Rate in the Fiscal Year ending Dec 31 2020, within Major Pharmaceutical Preparations Industry Annual Effective Tax RateDec 31 2020 FY Annual Income taxes expenses / -benefitDec 31 2020 FY Annual Pre-Tax Income
Innoviva Inc   17.06 %$ 60.431 $ 354.245 
Catalent Inc   15.25 %$ 39.700 $ 260.400 
Sinovac Biotech Ltd  14.51 %$ 31.438 $ 216.617 
Eli Lilly And Company  14.33 %$ 1,036.200 $ 7,229.900 
Vertex Pharmaceuticals Inc  13.00 %$ 405.151 $ 3,116.798 
Xoma Corporation  12.72 %$ 1.501 $ 11.797 
Jazz Pharmaceuticals Plc  12.18 %$ 33.517 $ 275.095 
Johnson and Johnson  10.81 %$ 1,783.000 $ 16,497.000 
Abbott Laboratories  10.00 %$ 497.000 $ 4,968.000 
Glaxosmithkline Plc  8.32 %$ 580.000 $ 6,968.000 
Regeneron Pharmaceuticals Inc   7.80 %$ 297.200 $ 3,810.400 
Kamada Ltd  7.68 %$ 1.425 $ 18.565 
Pfizer Inc  6.36 %$ 477.000 $ 7,497.000 
Collegium Pharmaceutical inc   3.01 %$ 0.830 $ 27.582 
Horizon Therapeutics Public Limited Company  2.95 %$ 11.849 $ 401.645 
Organogenesis Holdings Inc   2.87 %$ 0.530 $ 18.479 
I mab  2.53 %$ 1.874 $ 74.044 
Ironwood Pharmaceuticals inc   2.47 %$ 2.685 $ 108.861 



       
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