Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
199.47
-2.27 (-1.13%)
At close: Oct 23, 2026, 4:00 PM EDT
199.95
+0.48 (0.24%)
After-hours: Oct 23, 2026, 7:56 PM EDT

PM Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
43,13840,64837,87835,17431,76231,405
Revenue Growth
7.87%7.31%7.69%10.74%1.14%9.45%
Gross Profit
29,21427,28224,54922,28120,65921,375
Operating Income
18,44016,72613,21513,23012,80813,076
Net Income
10,68111,3167,0347,7919,0249,083
Earnings Per Share
6.857.264.525.025.815.83
EPS Growth
23.85%60.62%-9.96%-13.60%-0.34%12.98%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Reduced-Risk Products
--14,32712,5349,9199,237
Wellness & Healthcare
--333306271101
Combustible Products
25,13523,79423,21822,33421,57222,067
Revenue (Total)
43,13840,64837,87835,17431,76231,405

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6,6834,8724,2163,0613,2074,496
Total Debt
47,56249,59546,35248,65843,82028,342
Net Cash (Debt)
-40,879-44,723-42,136-45,597-40,613-23,846
Net Cash Growth
------
Net Cash Per Share
-26.21-28.71-27.08-29.36-26.17-15.30

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-12,23312,2179,20410,80311,967
Capital Expenditures
--1,569-1,444-1,321-1,077-748
Free Cash Flow
-10,66410,7737,8839,72611,219
Free Cash Flow Growth
--1.01%36.66%-18.95%-13.31%21.81%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
67.72%67.12%64.81%63.34%65.04%68.06%
Operating Margin
42.75%41.15%34.89%37.61%40.33%41.64%
Pretax Margin
33.92%35.88%27.77%30.16%37.06%39.42%
Profit Margin
24.76%27.84%18.57%22.15%28.41%28.92%
FCF Margin
-26.24%28.44%22.41%30.62%35.72%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
6.4005.6405.3005.1405.0404.900
Dividend Per Share Growth
8.88%6.42%3.11%1.98%2.86%3.38%
Dividend Yield
3.21%3.52%4.40%5.46%4.98%5.14%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
29.1222.0726.6018.7517.3916.28
Forward PE
22.7819.7617.1214.8518.0215.45
P/FCF Ratio
24.4423.4117.3718.5316.1313.18
PS Ratio
7.216.144.944.154.944.71