Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
196.11
+3.11 (1.61%)
Jul 27, 2026, 3:46 PM EDT - Market open
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 | Jun '26 Jun 30, 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 |
| 42,545 | 40,648 | 37,878 | 35,174 | 31,762 | 31,405 | |
Revenue Growth | 8.93% | 7.31% | 7.69% | 10.74% | 1.14% | 9.45% |
Cost of Revenue | 13,835 | 13,366 | 13,329 | 12,893 | 11,402 | 10,030 |
Gross Profit | 28,710 | 27,282 | 24,549 | 22,281 | 20,360 | 21,375 |
Selling, General & Admin | 12,242 | 12,349 | 11,147 | 10,060 | 8,114 | 8,400 |
Other Operating Expenses | - | 41 | - | 665 | - | - |
Total Operating Expenses | 12,242 | 12,390 | 11,147 | 10,725 | 8,114 | 8,400 |
Operating Income | 16,059 | 14,892 | 13,402 | 11,556 | 12,246 | 12,975 |
Interest Expense | -928 | -966 | -1,143 | -1,061 | -588 | -628 |
Other Non-Operating Income (Expense) | -13 | -46 | -60 | -45 | -24 | -115 |
Total Non-Operating Income (Expense) | -941 | -1,012 | -1,203 | -1,106 | -612 | -743 |
Pretax Income | 15,118 | 13,880 | 12,199 | 10,450 | 11,634 | 12,232 |
Provision for Income Taxes | 3,057 | 2,737 | 3,017 | 2,339 | 2,244 | 2,671 |
Net Income | 11,550 | 11,143 | 9,182 | 8,111 | 9,390 | 9,561 |
Minority Interest in Earnings | 676 | -205 | 2,125 | 298 | 342 | 452 |
Net Income to Common | 10,874 | 11,348 | 7,057 | 7,813 | 9,048 | 9,109 |
Net Income Growth | 32.09% | 60.80% | -9.68% | -13.65% | -0.67% | 13.07% |
Shares Outstanding (Basic) | 1,558 | 1,556 | 1,554 | 1,552 | 1,550 | 1,558 |
Shares Outstanding (Diluted) | 1,559 | 1,558 | 1,556 | 1,553 | 1,552 | 1,559 |
Shares Change | 0.11% | 0.13% | 0.19% | 0.06% | -0.45% | 0.06% |
EPS (Basic) | 6.96 | 7.27 | 4.53 | 5.02 | 5.82 | 5.83 |
EPS (Diluted) | 6.96 | 7.26 | 4.52 | 5.02 | 5.81 | 5.83 |
EPS Growth | 32.32% | 60.62% | -9.96% | -13.60% | -0.34% | 12.98% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 12,722 | 10,664 | 10,773 | 7,883 | 9,726 | 11,219 |
Free Cash Flow Growth | 41.53% | -1.01% | 36.66% | -18.95% | -13.31% | 21.81% |
Free Cash Flow Per Share | 8.16 | 6.84 | 6.92 | 5.08 | 6.27 | 7.20 |
Dividends Per Share | 5.880 | 5.640 | 5.300 | 5.140 | 5.040 | 4.900 |
Dividend Growth | 8.89% | 6.42% | 3.11% | 1.98% | 2.86% | 3.38% |
Gross Margin | 67.48% | 67.12% | 64.81% | 63.35% | 64.10% | 68.06% |
Operating Margin | 37.75% | 36.64% | 35.38% | 32.85% | 38.56% | 41.32% |
Profit Margin | 27.15% | 27.41% | 24.24% | 23.06% | 29.56% | 30.44% |
FCF Margin | 29.90% | 26.24% | 28.44% | 22.41% | 30.62% | 35.72% |
EBITDA | 18,108 | 16,888 | 15,189 | 12,954 | 13,323 | 13,973 |
EBITDA Margin | 42.56% | 41.55% | 40.10% | 36.83% | 41.95% | 44.49% |
EBIT | 16,059 | 14,892 | 13,402 | 11,556 | 12,246 | 12,975 |
EBIT Margin | 37.75% | 36.64% | 35.38% | 32.85% | 38.56% | 41.32% |
Effective Tax Rate | 20.22% | 19.72% | 24.73% | 22.38% | 19.29% | 21.84% |