How Does Pfizer Stock Stack Up Against Its Peers?

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PFE: Pfizer logo
PFE
Pfizer

As of December 4, 2025, Pfizer‘s (PFE) stock returned 9% over the past year, outperforming MRK and BMY, but lagging LLY (23%) and JNJ (39%). A closer look reveals moderate profitability, with LTM operating margin (24.6%) and FCF margin (16.5%) trailing sector leaders like LLY (43% op margin). Its LTM revenue growth (3.9%) also lags LLY (36.8%). While PFE’s PE (14.7) suggests a reasonable valuation amidst a pharmaceutical industry accelerating innovation in AI and gene therapies, upside may be constrained by higher growth and innovation among peers.

  • PFE’s 24.6% margin trails LLY’s 43.0%, reflecting PFE’s post-COVID sales decline versus LLY’s booming GLP-1 drug market leadership.
  • PFE’s 3.9% revenue growth lags LLY’s GLP-1 boom & JNJ’s stable growth but surpasses MRK’s Keytruda LOE concerns & BMY’s Revlimid decline.
  • PFE’s 9.2% stock gain, 14.7 PE, trails LLY’s GLP-1 surge & JNJ’s consistent growth, as PFE navigates post-COVID revenue declines.

Here’s how Pfizer stacks up across size, valuation, and profitability versus key peers.

  PFE LLY JNJ MRK BMY
Market Cap ($ Bil) 146.1 910.9 487.6 251.7 105.8
Revenue ($ Bil) 62.8 53.3 92.1 64.2 48.0
PE Ratio 14.7 49.6 17.8 11.0 15.2
LTM Revenue Growth 3.9% 36.8% 5.1% 1.7% 1.3%
LTM Operating Margin 24.6% 43.0% 26.2% 34.9% 23.8%
LTM FCF Margin 16.5% -0.1% 20.3% 20.3% 31.9%
12M Market Return 9.2% 23.2% 38.7% 3.2% -6.6%

For more details on Pfizer, read Buy or Sell PFE Stock. Below we compare PFE’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2024 2023 2022
PFE 3.9% 6.8% -41.1% 24.5%
LLY 36.8% 32.0% 19.6% 0.8%
JNJ 5.1% 4.3% 6.5% 1.6%
MRK 1.7% 6.7% 1.4% 21.7%
BMY 1.3% 7.3% -2.5% -0.5%

Operating Margin Comparison

  LTM 2024 2023 2022
PFE 24.6% 23.3% 7.1% 36.7%
LLY 43.0% 38.9% 31.6% 30.3%
JNJ 26.2% 24.9% 27.5% 26.3%
MRK 34.9% 31.5% 4.9% 30.8%
BMY 23.8% 12.2% 18.2% 19.7%

PE Ratio Comparison

  LTM 2024 2023 2022
PFE 14.7 18.7 76.7 9.2
LLY 49.6 65.7 100.1 52.8
JNJ 17.8 24.8 11.3 25.8
MRK 11.0 14.7 757.8 19.3
BMY 15.2 -12.8 13.2 24.2

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