Pfizer’s net worth is estimated to be $162 billion by 2024, but market experts do not believe this figure because they believe that after the Covid-19 pandemic, Pfizer will only sell about $33 billion worth of vaccines on the market, after which their valuation will increase even more. Not only that, if Forbes magazine’s news is to be believed, after this spectacular success of the vaccine, there are 10 Pfizer investors whose assets have increased by about $5 billion.
There is no doubt that this company has benefited a lot during this pandemic, but at the same time, it can be said that many controversial things have happened to this company during this time. It is alleged that he forced the USFDA to approve his vaccine as soon as possible. Not only that, Pfizer has also been accused of sending his vaccine to the same countries that he could benefit from, simply put, they have cared more about their own profits than the lives of their people. Also, check out Facebook Net Worth, Apple Net Worth, Amazon Net Worth, and Google Net Worth.
Pfizer Net Worth
We told you that in 2023, this company earned about $ 33 billion from Covid-19 vaccines alone, but did you know that in 2020, this company also earned about $ 40 billion from Kovid-19 hair removal. Now you may wonder whether Pfizer is the largest pharmaceutical company in the world by market value? No, the largest pharmaceutical company in the world by market value is not Pfizer but Johnson and Johnson. But if we talk about drug production, then Pfizer is the largest pharmaceutical company in the world.
| Name | Pfizer Company |
| Net worth 2024 | 162 billion dollars |
| Net worth in Indian Rupees | 22.50 trillion rupees |
| Net income: | $31.372 billion |
| Revenue | $68.53 billion |
| total assets | |
| P/E ratio | 6.68 |
| Founder: | Charles Pfizer, Charles F. Erhart |
| CEO | Albert Bourla (January 1, 2019–) Trends |
| Headquarters: | New York, New York, United States |
| Establish: | 1849, Brooklyn, New York, USA |
| Number of employees | 287,439 |
| Subsidiaries: | Hospira, Pfizer Japan Inc, Pfizer Australia Pty ltd, MORE |
| Website | pfizer.com |
Pfizer Net Worth
Pfizer was founded in Brooklyn, New York in 1849 by Charles Pfizer, a German chemist who came to America from Germany to make money. I work in the cleaning industry. Pfizer’s first big success came when the United States had a severe drug shortage during World War II, forcing pharmacies in the market to share their pharmaceutical formulas with new companies. As a result, more and more drugs were produced and Pfizer made huge profits by taking advantage of this. Also, check out IBM’s Net Worth and Samsung’s Net Worth.
Pfizer is one of the world’s leading biopharmaceutical companies, dedicated to discovering and developing innovative medicines and vaccines that improve the health and well-being of people around the world. Here is a summary of key information about Pfizer:
As we mentioned, Pfizer’s net worth is around $247 billion. You probably already know that the majority of the company’s income comes from selling drugs, but you might not know that a large portion of the company’s income also comes from royalties on its drug patents. Pfizer guards its patents very carefully.
There has been a lot of public anger in recent days towards Pfizer and similar companies around the world because these companies could have sent drugs at low prices if they wanted, but during the pandemic, they did not loosen their intellectual property rights. And perhaps because of that, many people lost their lives. Follow us to stay connected to the life of a celebrity.
Pfizer is one of the world’s leading biopharmaceutical companies, dedicated to discovering and developing innovative medicines and vaccines that improve the health and well-being of people around the world. Here is a summary of key information about Pfizer:
Pfizer’s Revenue in 2024
- Pfizer’s revenue for the quarter ending September 30, 2023 was $13.232 billion.
- Pfizer’s revenue for the twelve months ended September 30, 2023 was $68.537 billion.
- Pfizer’s annual revenue in 2022 is $100.33 billion.
- Pfizer’s annual revenue in 2021 was $81.288 billion.
- Pfizer’s annual revenue in 2020 was $41.651 billion.
| Year | (Million USD) |
|---|---|
| 2023 | $68,537 |
| 2022 | $100,331 |
| 2021 | $81,288 |
| 2020 | $41,908 |
| 2019 | $41,172 |
| 2018 | $40,825 |
| 2017 | $52,546 |
| 2016 | $52,824 |
| 2015 | $48,851 |
| 2014 | $49,605 |
| two thousand and thirteen | $51,584 |
Pfizer’s Net Income in 2024
- Pfizer’s net income for the quarter ending September 30, 2023 is -$2.382 billion.
- Pfizer’s net income for the twelve months ended September 30, 2023 was $10.482 billion.
- Pfizer’s annual net income in 2022 is $31.372 billion.
- Pfizer’s annual net income in 2021 was $21.979 billion.
- Pfizer’s annual net income in 2020 was $9.159 billion.
| Year | (Million USD) |
|---|---|
| 2023 | $10,482 |
| 2022 | $31,372 |
| 2021 | $21,979 |
| 2020 | $9,616 |
| 2019 | $16,273 |
| 2018 | $11,153 |
| 2017 | $21,308 |
| 2016 | $7,215 |
| 2015 | $6,960 |
| 2014 | $9,135 |
| two thousand and thirteen | $22,003 |
Pfizer’s assets in 2024
- Pfizer’s total assets for the quarter ending September 30, 2023 were $215.021 billion.
- Pfizer’s total assets in 2022 are $197.205 billion.
- Pfizer’s total assets in 2021 were $181.476 billion.
- Pfizer’s total assets in 2020 were $154.229 billion.
- Pfizer’s total assets in 2019 were $167.594 billion.
| Year | (Million USD) |
|---|---|
| 2023 | $215,021 |
| 2022 | $197,200 |
| 2021 | $181,476 |
| 2020 | $154,229 |
| 2019 | $167,594 |
| 2018 | $159,422 |
| 2017 | $171,797 |
| 2016 | $171,615 |
| 2015 | $167,381 |
| 2014 | $167,566 |
Pfizer’s Responsibilities in 2024
- Pfizer’s total liabilities for the quarter ending September 30, 2023 are $117.817 billion.
- Pfizer’s total liabilities in 2022 are $101.288 billion.
- Pfizer’s total liabilities in 2021 are $104.013 billion.
- Pfizer’s total liabilities in 2020 were $90.756 billion.
- Pfizer’s total liabilities in 2019 were $104.148 billion.
| Year | (Million USD) |
|---|---|
| 2024 | $117,817 |
| 2022 | $101,288 |
| 2021 | $104,013 |
| 2020 | $90,756 |
| 2019 | $104,148 |
| 2018 | $95,664 |
| 2017 | $100,141 |
| 2016 | $111,776 |
| 2015 | $102,384 |
| 2014 | $95,944 |
| two thousand and thirteen | $95,481 |
Pfizer in India
Pfizer has a significant presence in India, with a manufacturing facility in Chennai and a corporate office in New Delhi. They supply a wide range of products in India, including vaccines, medicines and consumer healthcare products.
frequently asked Questions
What is Pfizer’s net worth?
Pfizer’s total net worth is estimated to be around $162 billion as of 2024.
When was Pfizer founded?
Pfizer was founded in 1849 in New York.
Who are the founders of Pfizer?
The name of the founder of Pfizer is Charles Pfizer, Charles F. Erhart.
What is Pfizer’s annual revenue?
Pfizer’s revenue for the twelve months ended September 30, 2023 was $68.53 billion.
What is Pfizer’s PE ratio?
Pfizer’s PE ratio as of Dec 08, 2023 is 10.03
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