Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
174.78
+0.12 (0.07%)
At close: Mar 16, 2026, 4:00 PM EDT
175.19
+0.41 (0.23%)
After-hours: Mar 16, 2026, 7:59 PM EDT
PM Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 10,362 | 10,845 | 9,721 | 9,721 | 9,706 | 9,911 | 9,468 | 8,793 | 9,047 | 9,141 | 8,967 | 8,019 | 8,152 | 8,032 | 7,832 | 7,746 | 8,104 | 8,122 | 7,594 | 7,585 | |
Revenue Growth (YoY) | 6.76% | 9.42% | 2.67% | 10.55% | 7.28% | 8.42% | 5.59% | 9.65% | 10.98% | 13.81% | 14.49% | 3.52% | 0.59% | -1.11% | 3.13% | 2.12% | 8.87% | 9.08% | 14.18% | 6.04% |
Cost of Revenue | 3,560 | 3,487 | 3,160 | 3,160 | 3,423 | 3,366 | 3,345 | 3,195 | 3,462 | 3,165 | 3,228 | 3,038 | 3,211 | 2,935 | 2,648 | 2,608 | 2,807 | 2,596 | 2,353 | 2,274 |
Gross Profit | 6,802 | 7,358 | 6,561 | 6,561 | 6,283 | 6,545 | 6,123 | 5,598 | 5,585 | 5,976 | 5,739 | 4,981 | 4,941 | 5,097 | 5,184 | 5,138 | 5,297 | 5,526 | 5,241 | 5,311 |
Selling, General & Admin | 3,429 | 3,095 | 2,913 | 2,913 | 3,024 | 2,891 | 2,679 | 2,553 | 2,031 | 2,606 | 3,173 | 2,250 | 2,017 | 2,129 | 2,128 | 1,840 | 2,350 | 2,108 | 2,093 | 1,849 |
Depreciation & Amortization Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19 | 18 |
Other Operating Expenses | - | - | 20.5 | 20.5 | - | - | - | - | - | - | 332.5 | - | - | - | - | - | - | - | - | - |
Total Operating Expenses | 3,429 | 3,095 | 2,933 | 2,933 | 3,024 | 2,891 | 2,679 | 2,553 | 2,031 | 2,606 | 3,506 | 2,250 | 2,017 | 2,129 | 2,128 | 1,840 | 2,350 | 2,108 | 2,112 | 1,867 |
Operating Income | 3,373 | 4,263 | 3,628 | 3,628 | 3,259 | 3,654 | 3,444 | 3,045 | 2,889 | 3,370 | 2,566 | 2,731 | 2,924 | 2,968 | 3,056 | 3,298 | 2,947 | 3,455 | 3,129 | 3,444 |
Interest Income | -221 | 345 | 290.5 | 290.5 | -215 | 500 | 161 | 191 | 26 | 101 | -21 | 51 | 157 | 21 | 15 | -56 | 54 | 49 | 3 | 43 |
Interest Expense | -218 | -230 | -259 | -259 | -326 | -189 | -329 | -299 | -273 | -261 | -297 | -230 | -170 | -138 | -126 | -154 | -146 | -154 | -161 | -167 |
Other Non-Operating Income (Expense) | -9 | -14 | -11.5 | -11.5 | -2,332 | -15 | -14 | -15 | -9 | -8 | -6 | -22 | -8 | -7 | -5 | -4 | -33 | -27 | -27 | -28 |
Total Non-Operating Income (Expense) | -448 | 101 | 20 | 20 | -2,873 | 296 | -182 | -123 | -256 | -168 | -324 | -201 | -21 | -124 | -116 | -214 | -125 | -132 | -185 | -152 |
Pretax Income | 2,925 | 4,364 | 3,648 | 3,648 | 386 | 3,950 | 3,262 | 2,922 | 2,633 | 3,202 | 2,242 | 2,530 | 2,903 | 2,844 | 2,940 | 3,084 | 2,822 | 3,323 | 2,944 | 3,292 |
Provision for Income Taxes | 675 | 751 | 655.5 | 655.5 | 872 | 735 | 734 | 676 | 320 | 1,031 | 560 | 428 | 409 | 622 | 594 | 619 | 593 | 735 | 646 | 697 |
Net Income | 2,141 | 3,478 | 2,865 | 2,865 | -579 | 3,082 | 2,406 | 2,148 | 2,196 | 2,054 | 1,568 | 1,995 | 2,397 | 2,087 | 2,233 | 2,331 | 2,093 | 2,426 | 2,172 | 2,418 |
Minority Interest in Earnings | 109 | 135 | 128 | 128 | 93 | 133 | 122 | 98 | 117 | 117 | 114 | 107 | 97 | 135 | 113 | 134 | 136 | 162 | 126 | 177 |
Net Income to Common | 2,141 | 3,478 | 2,865 | 2,865 | -579 | 3,082 | 2,406 | 2,148 | 2,196 | 2,054 | 1,568 | 1,995 | 2,397 | 2,087 | 2,233 | 2,331 | 2,093 | 2,426 | 2,172 | 2,418 |
Net Income Growth | - | 12.85% | 19.06% | 33.36% | - | 50.05% | 53.44% | 7.67% | -8.38% | -1.58% | -29.78% | -14.41% | 14.52% | -13.97% | 2.81% | -3.60% | 5.92% | 5.16% | 11.56% | 32.42% |
Shares Outstanding (Basic) | 1,557 | 1,557 | 1,557 | 1,556 | 1,555 | 1,555 | 1,555 | 1,553 | 1,552 | 1,552 | 1,552 | 1,552 | 1,550 | 1,550 | 1,551 | 1,550 | 1,556 | 1,558 | 1,558 | 1,558 |
Shares Outstanding (Diluted) | 1,558 | 1,558 | 1,558 | 1,557 | 1,557 | 1,556 | 1,556 | 1,555 | 1,554 | 1,554 | 1,553 | 1,553 | 1,552 | 1,552 | 1,552 | 1,552 | 1,557 | 1,560 | 1,560 | 1,560 |
Shares Change (YoY) | 0.06% | 0.13% | 0.13% | 0.13% | 0.19% | 0.13% | 0.19% | 0.13% | 0.13% | 0.13% | 0.06% | 0.06% | -0.32% | -0.51% | -0.51% | -0.51% | -0.06% | 0.13% | 0.13% | 0.13% |
EPS (Basic) | 1.37 | 2.23 | 1.95 | 1.72 | -0.38 | 1.98 | 1.54 | 1.38 | 1.41 | 1.32 | 1.01 | 1.28 | 1.54 | 1.34 | 1.44 | 1.50 | 1.34 | 1.55 | 1.39 | 1.55 |
EPS (Diluted) | 1.37 | 2.23 | 1.95 | 1.72 | -0.38 | 1.97 | 1.54 | 1.38 | 1.41 | 1.32 | 1.01 | 1.28 | 1.54 | 1.34 | 1.43 | 1.50 | 1.34 | 1.55 | 1.39 | 1.55 |
EPS Growth | - | 13.20% | 26.62% | 24.64% | - | 49.24% | 52.48% | 7.81% | -8.44% | -1.49% | -29.37% | -14.67% | 14.92% | -13.55% | 2.88% | -3.23% | 5.51% | 4.73% | 11.20% | 32.48% |
Free Cash Flow | 4,265 | 4,097 | 1,151 | 1,151 | 3,724 | 2,963 | 4,262 | -176 | 2,991 | 3,044 | 3,082 | -1,234 | 2,746 | 2,816 | 3,275 | 889 | 3,743 | 3,718 | 3,502 | 256 |
Free Cash Flow Growth | 14.53% | 38.27% | -72.99% | - | 24.51% | -2.66% | 38.29% | - | 8.92% | 8.10% | -5.89% | - | -26.64% | -24.26% | -6.48% | 247.27% | 23.86% | 7.40% | 96.19% | -72.80% |
Free Cash Flow Per Share | 2.74 | 2.63 | 0.74 | 0.74 | 2.39 | 1.90 | 2.74 | -0.11 | 1.92 | 1.96 | 1.98 | -0.79 | 1.77 | 1.81 | 2.11 | 0.57 | 2.40 | 2.38 | 2.24 | 0.16 |
Dividends Per Share | 1.470 | 1.470 | 1.350 | 1.350 | 1.350 | 1.350 | 1.300 | 1.300 | 1.300 | 1.300 | 1.270 | 1.270 | 1.270 | 1.270 | 1.250 | 1.250 | 1.250 | 1.250 | 1.200 | 1.200 |
Dividend Growth | 8.89% | 8.89% | 3.85% | 3.85% | 3.85% | 3.85% | 2.36% | 2.36% | 2.36% | 2.36% | 1.60% | 1.60% | 1.60% | 1.60% | 4.17% | 4.17% | 4.17% | 4.17% | 2.56% | 2.56% |
Gross Margin | 65.64% | 67.85% | 67.50% | 67.50% | 64.73% | 66.04% | 64.67% | 63.66% | 61.73% | 65.38% | 64.00% | 62.11% | 60.61% | 63.46% | 66.19% | 66.33% | 65.36% | 68.04% | 69.02% | 70.02% |
Operating Margin | 32.55% | 39.31% | 37.32% | 37.32% | 33.58% | 36.87% | 36.38% | 34.63% | 31.93% | 36.87% | 28.62% | 34.06% | 35.87% | 36.95% | 39.02% | 42.58% | 36.36% | 42.54% | 41.20% | 45.41% |
Profit Margin | 21.71% | 33.31% | 30.79% | 30.79% | -5.01% | 32.44% | 26.70% | 25.54% | 25.57% | 23.75% | 18.76% | 26.21% | 30.59% | 27.66% | 29.95% | 31.82% | 27.50% | 31.86% | 30.26% | 34.21% |
FCF Margin | 41.16% | 37.78% | 11.84% | 11.84% | 38.37% | 29.90% | 45.01% | -2.00% | 33.06% | 33.30% | 34.37% | -15.39% | 33.68% | 35.06% | 41.82% | 11.48% | 46.19% | 45.78% | 46.12% | 3.38% |
EBITDA | 3,894 | 4,768 | 4,113 | 4,113 | 3,736 | 4,152 | 3,889 | 3,412 | 3,258 | 3,799 | 2,867 | 3,030 | 2,924 | 3,326 | 3,326 | 3,551 | 3,226 | 3,690 | 3,368 | 3,689 |
EBITDA Margin | 37.58% | 43.96% | 42.31% | 42.31% | 38.49% | 41.89% | 41.08% | 38.80% | 36.01% | 41.56% | 31.97% | 37.79% | 35.87% | 41.41% | 42.47% | 45.84% | 39.81% | 45.43% | 44.35% | 48.64% |
EBIT | 3,373 | 4,263 | 3,628 | 3,628 | 3,259 | 3,654 | 3,444 | 3,045 | 2,889 | 3,370 | 2,566 | 2,731 | 2,924 | 2,968 | 3,056 | 3,298 | 2,947 | 3,455 | 3,129 | 3,444 |
EBIT Margin | 32.55% | 39.31% | 37.32% | 37.32% | 33.58% | 36.87% | 36.38% | 34.63% | 31.93% | 36.87% | 28.62% | 34.06% | 35.87% | 36.95% | 39.02% | 42.58% | 36.36% | 42.54% | 41.20% | 45.41% |
Effective Tax Rate | 23.08% | 17.21% | 17.97% | 17.97% | 225.91% | 18.61% | 22.50% | 23.13% | 12.15% | 32.20% | 24.98% | 16.92% | 14.09% | 21.87% | 20.20% | 20.07% | 21.01% | 22.12% | 21.94% | 21.17% |
Updated Feb 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.