Financials in USD. Standardized financial statements.
A compact view of how Philip Morris International Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $40.65B | $37.88B | $35.17B | $31.76B | $31.41B | $28.69B | $29.80B | $29.63B | $28.75B | $26.68B |
| Revenue Growth? | +7.3% | +7.7% | +10.7% | +1.1% | +9.4% | -3.7% | +0.6% | +3.1% | +7.7% | 0.0% |
| Cost of Revenue? | $13.37B | $13.33B | $12.89B | $11.40B | $10.03B | $9.57B | $10.51B | $10.76B | $10.43B | $9.39B |
| Gross Profit? | $27.28B | $24.55B | $22.28B | $20.36B | $21.38B | $19.13B | $19.29B | $18.87B | $18.32B | $17.29B |
| Gross Margin? | +67.1% | +64.8% | +63.3% | +64.1% | +68.1% | +66.7% | +64.7% | +63.7% | +63.7% | +64.8% |
| Operating Expenses? | $12.35B | $11.15B | $10.72B | $8.11B | $8.40B | $7.46B | $8.76B | $7.47B | $6.75B | $6.38B |
| Operating Income? | $14.93B | $13.40B | $11.56B | $12.25B | $12.97B | $11.72B | $10.53B | $11.34B | $11.58B | $10.90B |
| EBITDA? | $17.46B | $15.75B | $13.37B | $13.48B | $13.97B | $12.66B | $11.63B | $12.52B | $12.46B | $11.71B |
| Income Before Tax | $14.59B | $12.20B | $10.61B | $11.77B | $12.38B | $10.97B | $10.02B | $10.73B | $10.65B | $10.02B |
| Income Tax Expense | $2.74B | $2.38B | $2.34B | $2.24B | $2.67B | $2.38B | $2.29B | $2.44B | $4.31B | $2.77B |
| Net Income? | $11.35B | $7.03B | $7.79B | $9.05B | $9.11B | $8.06B | $7.18B | $7.91B | $6.04B | $6.97B |
| EPS? | $7.27 | $4.53 | $5.02 | $5.82 | $5.83 | $5.16 | $4.61 | $5.09 | $3.88 | $4.48 |
| Diluted EPS? | $7.26 | $4.52 | $5.02 | $5.81 | $5.83 | $5.16 | $4.61 | $5.09 | $3.88 | $4.48 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality