PM Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	41,493	40,648	37,878	35,174	31,762	31,405
Revenue Growth (YoY)	8.09%	7.31%	7.69%	10.74%	1.14%	9.45%
Cost of Revenue	13,576	13,366	13,329	12,893	11,402	10,030
Gross Profit	27,917	27,282	24,549	22,281	20,360	21,375
Selling, General & Admin	12,933	12,349	11,147	10,060	8,114	8,400
Other Operating Expenses	20.5	41	-	665	-	-
Total Operating Expenses	12,954	12,390	11,147	10,725	8,114	8,400
Operating Income	15,241	14,892	13,402	11,556	12,246	12,975
Interest Expense	-962	-966	-1,143	-1,061	-588	-628
Other Non-Operating Income (Expense)	-29	-46	-60	-45	-24	-115
Total Non-Operating Income (Expense)	-991	-1,012	-1,203	-1,106	-612	-743
Pretax Income	14,250	13,880	12,199	10,450	11,634	12,232
Provision for Income Taxes	2,754	2,737	3,017	2,339	2,244	2,671
Net Income	11,096	11,348	7,057	7,813	9,048	9,109
Minority Interest in Earnings	400	-205	2,125	298	342	452
Net Income to Common	11,096	11,348	7,057	7,813	9,048	9,109
Net Income Growth	46.02%	60.80%	-9.68%	-13.65%	-0.67%	13.07%
Shares Outstanding (Basic)	1,557	1,556	1,554	1,552	1,550	1,558
Shares Outstanding (Diluted)	1,558	1,558	1,556	1,553	1,552	1,559
Shares Change (YoY)	0.11%	0.13%	0.19%	0.06%	-0.45%	0.06%
EPS (Basic)	7.11	7.27	4.53	5.02	5.82	5.83
EPS (Diluted)	7.11	7.26	4.52	5.02	5.81	5.83
EPS Growth	46.60%	60.62%	-9.96%	-13.60%	-0.34%	12.98%
Shares Outstanding	1,559	1,557	1,555	1,552	1,550	1,550
Free Cash Flow	10,666	10,664	10,773	7,883	9,726	11,219
Free Cash Flow Growth	0.02%	-1.01%	36.66%	-18.95%	-13.31%	21.81%
Free Cash Flow Per Share	6.84	6.84	6.92	5.08	6.27	7.20
Dividends Per Share	5.760	5.640	5.300	5.140	5.040	4.900
Dividend Growth	2.13%	6.42%	3.11%	1.98%	2.86%	3.38%
Gross Margin	67.28%	67.12%	64.81%	63.35%	64.10%	68.06%
Operating Margin	36.73%	36.64%	35.38%	32.85%	38.56%	41.32%
Profit Margin	27.71%	27.41%	24.24%	23.06%	29.56%	30.44%
FCF Margin	25.71%	26.24%	28.44%	22.41%	30.62%	35.72%
EBITDA	17,267	16,888	15,189	12,954	13,323	13,973
EBITDA Margin	41.61%	41.55%	40.10%	36.83%	41.95%	44.49%
EBIT	15,241	14,892	13,402	11,556	12,246	12,975
EBIT Margin	36.73%	36.64%	35.38%	32.85%	38.56%	41.32%
Effective Tax Rate	19.33%	19.72%	24.73%	22.38%	19.29%	21.84%

Updated Apr 22, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q