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PFIZER INC (PFE)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Emerging Markets  20,097.020,701.08,372.08,828.0 11,399.010,420.011,136.0
    Europe  21,982.018,336.07,788.07,729.0 8,508.09,306.09,714.0
    Developed Rest of World  15,778.012,506.04,036.04,022.0 6,612.06,729.06,298.0
    Other products       3,472.0  
    Other  42,473.029,745.021,455.020,326.0 22,555.026,369.021,703.0
Total revenues  100,330.081,288.041,651.040,905.040,825.052,546.052,824.048,851.0
            Revenue growth   [+]23.4%95.2%1.8%0.2%-22.3%-0.5%8.1%-1.5%
Cost of goods sold  34,344.030,821.08,484.08,054.08,987.011,228.012,322.09,648.0
Gross profit  65,986.050,467.033,167.032,851.031,838.041,318.040,502.039,203.0
            Gross margin  65.8%62.1%79.6%80.3%78.0%78.6%76.7%80.3%
Selling, general and administrative  13,677.012,703.011,597.012,726.012,612.014,804.014,844.014,809.0
Research and development  11,428.010,360.08,709.08,385.07,760.07,683.07,892.07,690.0
EBITDA   [+]40,540.025,426.013,509.013,067.012,879.020,341.019,467.018,134.0
            EBITDA margin  40.4%31.3%32.4%31.9%31.5%38.7%36.9%37.1%
Depreciation and amortization  1,455.01,491.01,333.01,326.01,414.01,511.01,701.01,429.0
EBITA  39,085.023,935.012,176.011,741.011,465.018,830.017,766.016,705.0
            EBITA margin  39.0%29.4%29.2%28.7%28.1%35.8%33.6%34.2%
Amortization of intangibles  3,609.03,700.03,348.04,429.04,736.04,758.04,056.03,728.0
EBIT   [+]35,476.020,235.08,828.07,312.06,729.014,072.013,710.012,977.0
            EBIT margin  35.4%24.9%21.2%17.9%16.5%26.8%26.0%26.6%
Non-recurring items   [+]1,375.0802.0579.0-7,506.01,058.0351.01,565.01,152.0
Interest expense, net   [+]-251.0-36.0-73.0-225.0-333.0-391.0-470.0-471.0
Other income (expense), net  1,615.06,133.0163.0-2,149.0-1,094.0-537.0-3,078.0-2,132.0
Pre-tax income  34,729.024,311.07,036.011,321.03,594.012,305.08,351.08,965.0
Income taxes  3,328.01,852.0370.0583.0-266.0-9,049.01,123.01,990.0
            Tax rate  9.6%7.6%5.3%5.1%  13.4%22.2%
Minority interest  35.045.036.029.036.047.031.026.0
Earnings from continuing ops  31,366.044,873.06,630.0-5,318.03,824.021,303.07,198.06,949.0
Earnings from discontinued ops  6.0-434.02,529.05,318.07,328.05.017.011.0
Net income  31,372.044,439.09,159.00.011,152.021,308.07,215.06,960.0
            Net margin  31.3%54.7%22.0%0.0%27.3%40.6%13.7%14.2%
   
Basic EPS   [+]$5,593.08$8,011.61$1,193.52($954.93)$0.65$3.57$1.18$1.13
Diluted EPS   [+]$5,471.13$7,861.42$1,177.20($937.09)$0.64$3.52$1.17$1.11
   
Dividends per share   [+]$1.61$1.57$1.53$1.46$1.38$1.30$1.22$1.12
   
Shares outstanding (basic)   [+]5.65.65.65.65,872.05,970.06,089.06,176.0
Shares outstanding (diluted)   [+]5.75.75.65.75,977.06,058.06,159.06,257.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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