Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Pfizer's share price for the quarter that ended in Dec. 2023 was $28.79. Pfizer's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 5,646 Mil. Therefore, Pfizer's market cap for the quarter that ended in Dec. 2023 was $162,548 Mil.
Pfizer's quarterly market cap
declined
from Jun. 2023 ($207,059 Mil) to Sep. 2023 ($187,278 Mil) and
declined
from Sep. 2023 ($187,278 Mil) to Dec. 2023 ($162,548 Mil).
Pfizer's annual market cap
declined
from Dec. 2021 ($331,861 Mil) to Dec. 2022 ($287,764 Mil) and
declined
from Dec. 2022 ($287,764 Mil) to Dec. 2023 ($162,548 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Pfizer's Enterprise Value for Today is $202,097 Mil.
Pfizer Market Cap Historical Data
The historical data trend for Pfizer's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Pfizer Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
205,422.08
204,921.27
331,861.00
287,763.84
162,548.34
Pfizer Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
287,763.84
230,306.21
207,058.60
187,277.82
162,548.34
Competitive Comparison
For the Drug Manufacturers - General subindustry, Pfizer's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pfizer Market Cap Distribution
For the Drug Manufacturers industry and Healthcare sector, Pfizer's Market Cap distribution charts can be found below:
* The bar in red indicates where Pfizer's Market Cap falls into.
Pfizer Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Pfizer's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pfizer (NYSE:PFE) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Pfizer Market Cap Related Terms
Thank you for viewing the detailed overview of Pfizer's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Pfizer is one of the world's largest pharmaceutical firms, with annual sales close to $50 billion (excluding COVID-19 product sales). While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, and cardiovascular treatment Eliquis. Pfizer sells these products globally, with international sales representing close to 50% of total sales. Within international sales, emerging markets are a major contributor.
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