CMS Open Payments · Program Year 2024
Pfizer Inc.
Pfizer Inc. reported $673,656,926.85 across General Payments, Research, and Ownership to 570,295 physicians and teaching hospitals across 606,504 transactions.
- $673.7M
- All-tracks total
- 606,504
- Transactions
- 570,295
- Recipients
- +$6.7M
- General Payments vs PY2023
Pfizer Inc. reported $673,656,926.85 across all CMS Open Payments tracks (General + Research + Ownership) to 570,295 physicians and teaching hospitals in Program Year 2024 - ranking #2 of 1,925 reporting manufacturers (4.8% of the all-tracks industry total); General Payments alone were $43,510,451.65, averaging $1.2K per recipient.
Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.
CMS Sunshine Act warrant
Manufacturer pfizer-inc Pfizer Inc.
$673.7M · #2/1,925 · 4.8% industry · PY2024
- TOT $673.7M
- RANK #2
- SHARE 4.8%
- TXN 606,504
- RCP 570,295
- CAT 12
- GEN $43.5M
- ΔGEN +$6.7M
- TOP1 1.8%
- PY 2024
Volume peers
Nearest volume peer: Novartis Pharmaceuticals Corporation ($676.0M)
Pfizer Inc. sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →
Release-over-release change
General Payments changed from PY2023 to PY2024
Pfizer Inc.'s CMS-reported General Payments increased by $6.7M (+18.3%) from PY2023 to PY2024.
How this year-over-year comparison is scoped
The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.
CMS source labels for this exact identifier: PY2022: PFIZER INC.PY2023: PFIZER INC.PY2024: PFIZER INC.. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.
Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.
General Payments: PY2023 vs PY2024
Annual CMS-reported totals for this company, not an all-category Open Payments total
- PY2023
- $36,770,354.22
- PY2024
- $43,510,451.65
What the Data Shows for Pfizer Inc.
Rank #2 of 1,925 companies in CMS Open Payments for 2024 belongs to Pfizer Inc., which reported $673,656,926.85 across 606,504 transactions to 570,295 recipients - a top-tier 4.8% share of all industry payments reported nationwide for the year. Averages work out to $1.1K per transaction and $1.2K per recipient.
The 12-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). The largest general-payment category is "Compensation for Services Other Than Consulting" at $15.8M, accounting for 36.3% of this company's General Payments and 4,539 transactions.
General Payment Breakdown by Type
Across 12 types of general payments, Pfizer Inc.'s largest category was "Compensation for Services Other Than Consulting" at $15.8M - 36.3% of General Payments.
Pfizer Inc. reports 12 general-payment categories - the top three are Compensation for Services Other Than Consulting (36.3%), Food and Beverage (24.0%), and Consulting Fee (19.4%). The remaining 9 categories make up 20.4% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.
Category breadth matters here: Pfizer Inc. files across 12 named CMS general-payment types in Program Year 2024, versus manufacturers that report a single dominant category. The chart and table below enumerate every type with an amount above zero for this company.
How Pfizer Inc. divides its payments
Ranked by total dollars reported per category
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Compensation for Services Other Than Consulting | $15.8M | 4,539 | 36.3% |
| Food and Beverage | $10.4M | 553,199 | 24.0% |
| Consulting Fee | $8.4M | 2,107 | 19.4% |
| Grant | $4.8M | 72 | 11.0% |
| Travel and Lodging | $2.7M | 5,105 | 6.1% |
| Honoraria | $773.5K | 317 | 1.8% |
| Education | $236.6K | 4,916 | 0.5% |
| Royalty or License | $161.9K | 6 | 0.4% |
| Charitable Contribution | $160.9K | 10 | 0.4% |
| Space Rental or Facility Fees | $67.8K | 20 | 0.2% |
| Compensation for Faculty or Speaker (Medical Education) | $36.3K | 1 | 0.1% |
| Entertainment | $5.6K | 3 | 0.0% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $2,822,118.15 (6.5%) of $43,510,451.65 in this company's General Payments records across 149,821 recipients.
General Payments scope note
Program Year 2024 General Payments view only: excludes research and ownership/investment records, so it is not the all-category company total above.
Largest General-Payment relationships for Pfizer Inc.
The five named recipients with the highest reported General Payments from this company
- 1
Henry Ford Hospital
$762,450.00 across 7 reported transactions
- 2
University of Washington Med Ctr
$536,918.15 across 9 reported transactions
- 3
Marc Braunstein
$510,500.00 across 13 reported transactions
- 4
Massachusetts General Hospital
$507,500.00 across 2 reported transactions
- 5
Cedars-Sinai Medical Center
$504,750.00 across 11 reported transactions
Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.
Similarly Concentrated Companies
Companies whose General Payments are spread across recipients about as (un)evenly as Pfizer Inc.'s, measured by the same HHI concentration index above, not by payment size.
What HHI 2,500 means here
2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about Pfizer Inc..
Companies with Similar Payment Volumes
Open a profile or compare a similar company's CMS-reported payment pattern with Pfizer Inc..
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Disclaimer
This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-26.