Advertising costs of Pfizer totaled approximately 3.3 billion U.S. dollars in 2024, a decrease of 400 million U.S. dollars compared to the previous year, but still one of the higher amounts in the provided period.
What are Pfizer’s biggest expenses?
Pfizer spent around 14.7 billion U.S. dollars on selling, informational, and administrative expenses in 2024 – this segment, which includes advertising costs, accounted for the company’s second-biggest expense during the year. Spending on research and development is another of Pfizer’s highest costs, but discovering new drugs and adding value to existing products is vital to the success of the company.
Pfizer’s home in the city that doesn’t sleep
As of 2024, Pfizer had 37 plants around the world and a global workforce of approximately 81,000 employees. The company’s global headquarters is on 42nd Street in Midtown Manhattan, New York City. Pfizer’s roots in the city can be traced back to 1849 when cousins Charles Pfizer and Charles Erhart founded the company in Brooklyn.
Ad spending of Pfizer from 2006 to 2024
(in billion U.S. dollars)
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Ad spending of Pfizer from 2006 to 2024
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Pfizer, & U.S. Securities and Exchange Commission. (February 27, 2025). Ad spending of Pfizer from 2006 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 26, 2025, from https://www.statista.com/statistics/254404/us-ad-spending-of-pfizer/
Pfizer, und U.S. Securities and Exchange Commission. "Ad spending of Pfizer from 2006 to 2024 (in billion U.S. dollars) ." Chart. February 27, 2025. Statista. Accessed April 26, 2025. https://www.statista.com/statistics/254404/us-ad-spending-of-pfizer/
Pfizer, U.S. Securities and Exchange Commission. (2025). Ad spending of Pfizer from 2006 to 2024 (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: April 26, 2025. https://www.statista.com/statistics/254404/us-ad-spending-of-pfizer/
Pfizer, and U.S. Securities and Exchange Commission. "Ad Spending of Pfizer from 2006 to 2024 (in Billion U.S. Dollars) ." Statista, Statista Inc., 27 Feb 2025, https://www.statista.com/statistics/254404/us-ad-spending-of-pfizer/
Pfizer & U.S. Securities and Exchange Commission, Ad spending of Pfizer from 2006 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/254404/us-ad-spending-of-pfizer/ (last visited April 26, 2025)
Ad spending of Pfizer from 2006 to 2024 (in billion U.S. dollars) [Graph], Pfizer, & U.S. Securities and Exchange Commission, February 27, 2025. [Online]. Available: https://www.statista.com/statistics/254404/us-ad-spending-of-pfizer/
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