The chemical variation of the annual essential oils from Pimenta dioca (PdEOs) grown in the Northern Highlands of Puebla, Mexico, and their biological activities were determined. Eugenol (>50%) and beta‐myrcene (>16%) were the main volatiles contained in the annual PdEOs (2022‐2024) extracted from fruit and leaves. PdEOs showed inhibitory properties on human pancreatic lipase (IC50, 33‐44 µg/mL) through mixed type inhibition with clear eugenol involvement (IC50, 47 µg/mL). The oral administration of PdEOs and eugenol combined with corn oil on ICR mice (p < 0.01), confirmed a strong anti‐hypertriglyceridemic activity at 3 and 4.5 h post‐treatment. PdEOs showed low toxicity in 3T3 fibroblasts and probiotics (IC50 >500 µg/mL), whereas high lethal dose in ICR mice (LD50 >8000 mg/kg BW). Eugenol, beta‐myrcene and PdEOs decreased Helicobacter pylori viability acting as mixed inhibitors on urease. Results of anti‐lipase and anti‐H.pylori urease assays were endorsed by docking calculations