Pfizer Tax Provision vs Operating Income Analysis

PFE Stock

USD 25.40 0.14 0.55%

Pfizer financial indicator trend analysis is much more than just breaking down Pfizer Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pfizer Inc is a good investment. Please check the relationship between Pfizer Tax Provision and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pfizer Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pfizer Inc Tax Provision account and Operating Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between Pfizer's Tax Provision and Operating Income is 0.29. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income in the same time period over historical financial statements of Pfizer Inc, assuming nothing else is changed. The correlation between historical values of Pfizer's Tax Provision and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Pfizer Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Pfizer's Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Operating Income

Operating Income is the amount of profit realized from Pfizer Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Pfizer Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Pfizer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pfizer Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pfizer Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

At present, Pfizer's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 240.8 B, whereas Tax Provision is projected to grow to (1.1 B).

	2021	2022	2023	2024 (projected)
Gross Profit	50.5B	66.0B	29.3B	30.4B
Total Revenue	81.3B	100.3B	58.5B	39.5B

Gross Profit Total Revenue

Pfizer fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Accounts Payable	Common Stock Total Equity
Total Assets		0.85	0.7	0.88	0.77	0.84	0.82	0.77	0.25	0.97	0.56	0.44	0.54	0.2	0.93	0.73	0.6	-0.12	0.98	0.71	0.64	0.35	0.87	0.84	0.87	0.91
Short Long Term Debt Total	0.85		0.6	0.85	0.4	0.6	0.99	0.75	0.07	0.93	0.35	0.0	0.18	0.13	0.84	0.53	0.8	-0.35	0.9	0.7	0.21	0.51	0.85	0.6	0.8	0.7
Other Current Liab	0.7	0.6		0.87	0.52	0.58	0.61	0.79	-0.07	0.7	0.84	0.16	0.34	0.34	0.44	0.59	0.72	-0.44	0.64	0.92	0.36	-0.12	0.49	0.58	0.89	0.54
Total Current Liabilities	0.88	0.85	0.87		0.59	0.73	0.85	0.9	-0.01	0.91	0.68	0.12	0.37	0.21	0.71	0.73	0.74	-0.47	0.88	0.84	0.37	0.35	0.72	0.73	0.96	0.78
Total Stockholder Equity	0.77	0.4	0.52	0.59		0.92	0.37	0.55	0.3	0.66	0.67	0.64	0.72	0.25	0.66	0.87	0.2	0.08	0.68	0.46	0.86	0.21	0.55	0.92	0.62	0.81
Property Plant And Equipment Net	0.84	0.6	0.58	0.73	0.92		0.58	0.63	0.24	0.79	0.62	0.41	0.72	0.24	0.76	0.95	0.31	-0.05	0.8	0.57	0.71	0.37	0.67	1.0	0.72	0.87
Net Debt	0.82	0.99	0.61	0.85	0.37	0.58		0.79	-0.06	0.91	0.36	-0.07	0.11	0.11	0.79	0.52	0.83	-0.44	0.88	0.71	0.15	0.51	0.81	0.58	0.8	0.68
Retained Earnings	0.77	0.75	0.79	0.9	0.55	0.63	0.79		-0.24	0.82	0.68	0.05	0.13	0.1	0.6	0.7	0.79	-0.71	0.76	0.84	0.28	0.28	0.54	0.63	0.92	0.78
Cash	0.25	0.07	-0.07	-0.01	0.3	0.24	-0.06	-0.24		0.14	-0.05	0.5	0.58	0.21	0.35	0.09	-0.27	0.65	0.23	-0.1	0.47	0.06	0.26	0.24	-0.02	0.16
Non Current Assets Total	0.97	0.93	0.7	0.91	0.66	0.79	0.91	0.82	0.14		0.56	0.22	0.41	0.14	0.91	0.7	0.71	-0.26	0.98	0.76	0.44	0.42	0.9	0.79	0.9	0.86
Non Currrent Assets Other	0.56	0.35	0.84	0.68	0.67	0.62	0.36	0.68	-0.05	0.56		0.17	0.39	0.34	0.28	0.64	0.52	-0.34	0.46	0.76	0.37	-0.12	0.36	0.62	0.76	0.45
Cash And Short Term Investments	0.44	0.0	0.16	0.12	0.64	0.41	-0.07	0.05	0.5	0.22	0.17		0.55	0.06	0.44	0.29	-0.17	0.48	0.35	0.0	0.91	-0.13	0.21	0.41	0.13	0.48
Net Receivables	0.54	0.18	0.34	0.37	0.72	0.72	0.11	0.13	0.58	0.41	0.39	0.55		0.48	0.46	0.61	-0.22	0.46	0.46	0.24	0.73	0.05	0.41	0.72	0.35	0.52
Common Stock Shares Outstanding	0.2	0.13	0.34	0.21	0.25	0.24	0.11	0.1	0.21	0.14	0.34	0.06	0.48		0.04	0.19	0.1	0.13	0.11	0.32	0.24	-0.25	0.08	0.24	0.2	0.07
Non Current Liabilities Total	0.93	0.84	0.44	0.71	0.66	0.76	0.79	0.6	0.35	0.91	0.28	0.44	0.46	0.04		0.61	0.49	0.03	0.96	0.51	0.6	0.47	0.89	0.76	0.68	0.87
Inventory	0.73	0.53	0.59	0.73	0.87	0.95	0.52	0.7	0.09	0.7	0.64	0.29	0.61	0.19	0.61		0.31	-0.26	0.7	0.58	0.61	0.39	0.49	0.95	0.7	0.83
Other Current Assets	0.6	0.8	0.72	0.74	0.2	0.31	0.83	0.79	-0.27	0.71	0.52	-0.17	-0.22	0.1	0.49	0.31		-0.64	0.62	0.82	-0.03	0.12	0.56	0.31	0.76	0.41
Other Stockholder Equity	-0.12	-0.35	-0.44	-0.47	0.08	-0.05	-0.44	-0.71	0.65	-0.26	-0.34	0.48	0.46	0.13	0.03	-0.26	-0.64		-0.17	-0.53	0.34	-0.17	0.05	-0.05	-0.48	-0.21
Total Liab	0.98	0.9	0.64	0.88	0.68	0.8	0.88	0.76	0.23	0.98	0.46	0.35	0.46	0.11	0.96	0.7	0.62	-0.17		0.68	0.55	0.46	0.89	0.8	0.84	0.9
Property Plant And Equipment Gross	0.71	0.7	0.92	0.84	0.46	0.57	0.71	0.84	-0.1	0.76	0.76	0.0	0.24	0.32	0.51	0.58	0.82	-0.53	0.68		0.22	-0.1	0.53	0.57	0.89	0.57
Total Current Assets	0.64	0.21	0.36	0.37	0.86	0.71	0.15	0.28	0.47	0.44	0.37	0.91	0.73	0.24	0.6	0.61	-0.03	0.34	0.55	0.22		0.03	0.38	0.71	0.38	0.7
Short Term Debt	0.35	0.51	-0.12	0.35	0.21	0.37	0.51	0.28	0.06	0.42	-0.12	-0.13	0.05	-0.25	0.47	0.39	0.12	-0.17	0.46	-0.1	0.03		0.43	0.37	0.2	0.43
Intangible Assets	0.87	0.85	0.49	0.72	0.55	0.67	0.81	0.54	0.26	0.9	0.36	0.21	0.41	0.08	0.89	0.49	0.56	0.05	0.89	0.53	0.38	0.43		0.67	0.73	0.68
Property Plant Equipment	0.84	0.6	0.58	0.73	0.92	1.0	0.58	0.63	0.24	0.79	0.62	0.41	0.72	0.24	0.76	0.95	0.31	-0.05	0.8	0.57	0.71	0.37	0.67		0.72	0.87
Accounts Payable	0.87	0.8	0.89	0.96	0.62	0.72	0.8	0.92	-0.02	0.9	0.76	0.13	0.35	0.2	0.68	0.7	0.76	-0.48	0.84	0.89	0.38	0.2	0.73	0.72		0.76
Common Stock Total Equity	0.91	0.7	0.54	0.78	0.81	0.87	0.68	0.78	0.16	0.86	0.45	0.48	0.52	0.07	0.87	0.83	0.41	-0.21	0.9	0.57	0.7	0.43	0.68	0.87	0.76

Click cells to compare fundamentals

Pfizer Account Relationship Matchups

Pfizer fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	167.5B	154.2B	181.5B	197.2B	226.5B	237.8B
Short Long Term Debt Total	52.1B	38.3B	37.0B	34.9B	75.0B	78.8B
Total Current Liabilities	37.3B	25.9B	42.7B	42.1B	47.8B	50.2B
Total Stockholder Equity	63.1B	63.2B	77.2B	95.7B	89.0B	46.9B
Property Plant And Equipment Net	14.0B	13.9B	14.9B	16.3B	18.9B	11.3B
Net Debt	50.8B	36.5B	35.1B	34.5B	72.2B	75.8B
Retained Earnings	97.7B	96.8B	103.4B	125.7B	118.4B	124.3B
Cash	1.3B	1.8B	1.9B	416M	2.9B	2.0B
Non Current Assets Total	134.7B	119.2B	121.8B	145.9B	183.2B	192.3B
Non Currrent Assets Other	4.5B	4.6B	7.7B	13.2B	9.1B	5.3B
Cash And Short Term Investments	9.8B	12.2B	31.1B	22.7B	12.7B	14.9B
Net Receivables	12.1B	11.2B	15.7B	14.5B	11.2B	8.7B
Common Stock Shares Outstanding	5.7B	5.6B	5.7B	5.7B	5.7B	5.7B
Liabilities And Stockholders Equity	167.5B	154.2B	181.5B	197.2B	226.5B	237.8B
Non Current Liabilities Total	66.7B	64.8B	61.3B	59.2B	89.4B	93.9B
Inventory	8.3B	8.0B	9.1B	9.0B	10.2B	5.2B
Other Current Assets	2.6B	3.4B	3.8B	5.0B	9.3B	9.7B
Other Stockholder Equity	(23.4B)	(22.3B)	(20.8B)	(22.2B)	(21.9B)	(20.8B)
Total Liab	104.0B	90.8B	104.0B	101.3B	137.2B	144.1B
Property Plant And Equipment Gross	14.0B	28.4B	30.0B	31.4B	35.0B	36.7B
Total Current Assets	32.8B	35.1B	59.7B	51.3B	43.3B	32.2B
Short Term Debt	16.2B	2.7B	2.2B	2.9B	10.9B	5.7B
Intangible Assets	35.4B	28.5B	25.1B	43.4B	64.9B	68.1B
Property Plant Equipment	14.0B	13.9B	14.9B	16.3B	18.9B	11.3B
Accounts Payable	4.2B	4.3B	5.6B	6.8B	6.7B	7.0B
Accumulated Other Comprehensive Income	(11.6B)	(11.7B)	(5.9B)	(8.3B)	(8.0B)	(7.6B)
Common Stock Total Equity	468M	470M	473M	476M	478M	474.0M
Short Term Investments	8.5B	10.4B	29.1B	22.3B	9.8B	9.3B
Capital Stock	468M	470M	473M	476M	478M	474.0M
Common Stock	468M	470M	473M	476M	478M	474.0M
Other Liab	29.7B	26.6B	22.6B	23.3B	26.9B	22.1B
Other Assets	4.2B	4.3B	5.6B	6.8B	6.7B	5.0B
Long Term Debt	36.0B	37.1B	36.2B	32.9B	60.5B	63.5B
Good Will	58.7B	49.6B	49.2B	51.4B	67.8B	40.7B
Treasury Stock	(110.8B)	(111.0B)	(111.4B)	(114.0B)	(114.5B)	(108.8B)
Current Deferred Revenue	5.8B	6.3B	3.1B	2.5B	2.7B	3.9B
Net Tangible Assets	(30.9B)	63.2B	77.2B	95.7B	89.0B	93.5B

Pfizer Investors Sentiment

The influence of Pfizer's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Pfizer. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Pfizer's public news can be used to forecast risks associated with an investment in Pfizer. The trend in average sentiment can be used to explain how an investor holding Pfizer can time the market purely based on public headlines and social activities around Pfizer Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Pfizer's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Pfizer's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Pfizer's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pfizer.

Pfizer Implied Volatility

44.16

Pfizer's implied volatility exposes the market's sentiment of Pfizer Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Pfizer's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Pfizer stock will not fluctuate a lot when Pfizer's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pfizer in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pfizer's short interest history, or implied volatility extrapolated from Pfizer options trading.

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When determining whether Pfizer Inc is a strong investment it is important to analyze Pfizer's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pfizer's future performance. For an informed investment choice regarding Pfizer Stock, refer to the following important reports:

How To Invest In Pfizer

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Is Pfizer Stock a good investment?

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What is Pfizer's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pfizer Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Note that the Pfizer Inc information on this page should be used as a complementary analysis to other Pfizer's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Pfizer Stock analysis

When running Pfizer's price analysis, check to measure Pfizer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pfizer is operating at the current time. Most of Pfizer's value examination focuses on studying past and present price action to predict the probability of Pfizer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pfizer's price. Additionally, you may evaluate how the addition of Pfizer to your portfolios can decrease your overall portfolio volatility.

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Is Pfizer's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pfizer. If investors know Pfizer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pfizer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.76)

Dividend Share

1.64

Earnings Share

0.37

Revenue Per Share

10.366

Quarterly Revenue Growth

(0.41)

The market value of Pfizer Inc is measured differently than its book value, which is the value of Pfizer that is recorded on the company's balance sheet. Investors also form their own opinion of Pfizer's value that differs from its market value or its book value, called intrinsic value, which is Pfizer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pfizer's market value can be influenced by many factors that don't directly affect Pfizer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Pfizer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pfizer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pfizer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Pfizer Tax Provision vs Operating Income Analysis

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

Correlation Coefficient

Tax Provision

Operating Income

Pfizer fundamental ratios Correlations

Pfizer Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pfizer fundamental ratios Accounts

Pfizer Investors Sentiment

Pfizer Implied Volatility

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

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Complementary Tools for Pfizer Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Assets Total
Non Current Assets Total	+ 0.97	Total Assets
Accounts Payable	+ 0.96	Total Current Liabilities

Other Stockholder Equity	- 0.71	Retained Earnings
Other Stockholder Equity	- 0.64	Other Current Assets
Property Plant And Equipment Gross	- 0.53	Other Stockholder Equity
Accounts Payable	- 0.48	Other Stockholder Equity
Other Stockholder Equity	- 0.47	Total Current Liabilities
Other Stockholder Equity	- 0.44	Net Debt