Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
200.17
+4.51 (2.31%)
At close: Jul 28, 2026, 4:00 PM EDT
202.00
+1.83 (0.91%)
After-hours: Jul 28, 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 | Q2 2026 | Q1 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | 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 |
| 11,192 | 10,146 | 10,362 | 10,845 | 10,140 | 9,301 | 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 | |
Revenue Growth (YoY) | 10.38% | 9.09% | 6.76% | 9.42% | 7.10% | 5.78% | 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% |
Cost of Revenue | 3,533 | 3,241 | 3,560 | 3,501 | 3,274 | 3,031 | 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 |
Gross Profit | 7,659 | 6,905 | 6,802 | 7,344 | 6,866 | 6,270 | 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 |
Selling, General & Admin | 3,129 | 3,012 | 3,429 | 2,672 | 3,113 | 2,726 | 3,024 | 2,891 | 2,679 | 2,553 | 2,696 | 2,606 | 3,173 | 2,250 | 2,017 | 2,129 | 2,128 | 1,840 | 2,350 | 2,108 |
Other Operating Expenses | - | 0 | 0 | 0 | 41 | - | - | - | - | - | 0 | - | 665 | - | - | - | - | - | - | - |
Total Operating Expenses | 3,129 | 3,012 | 3,429 | 2,672 | 3,154 | 2,726 | 3,024 | 2,891 | 2,679 | 2,553 | 2,696 | 2,606 | 3,838 | 2,250 | 2,017 | 2,129 | 2,128 | 1,840 | 2,350 | 2,108 |
Operating Income | 4,530 | 3,893 | 3,373 | 4,263 | 3,712 | 3,544 | 3,259 | 3,654 | 3,444 | 3,045 | 2,889 | 3,370 | 1,901 | 2,731 | 2,924 | 2,968 | 3,056 | 3,298 | 2,947 | 3,455 |
Interest Expense | -243 | -237 | -218 | -230 | -277 | -241 | -326 | -189 | -329 | -299 | -273 | -261 | -297 | -230 | -170 | -138 | -126 | -154 | -146 | -154 |
Other Non-Operating Income (Expense) | 5 | 5 | -9 | -14 | -11 | -12 | -16 | -15 | -14 | -15 | -9 | -8 | -6 | -22 | -8 | -7 | -5 | -4 | -33 | -27 |
Total Non-Operating Income (Expense) | -238 | -232 | -227 | -244 | -288 | -253 | -342 | -204 | -343 | -314 | -282 | -269 | -303 | -252 | -178 | -145 | -131 | -158 | -179 | -181 |
Pretax Income | 4,292 | 3,661 | 3,146 | 4,019 | 3,424 | 3,291 | 2,917 | 3,450 | 3,101 | 2,731 | 2,607 | 3,101 | 1,598 | 2,479 | 2,746 | 2,823 | 2,925 | 3,140 | 2,768 | 3,274 |
Provision for Income Taxes | 955 | 676 | 675 | 751 | 652 | 659 | 872 | 735 | 734 | 676 | 320 | 1,031 | 560 | 428 | 409 | 622 | 594 | 619 | 593 | 735 |
Net Income | 3,337 | 2,985 | 2,471 | 3,268 | 2,772 | 2,632 | -271 | 2,715 | 2,367 | 2,055 | 2,287 | 2,070 | 1,038 | 2,051 | 2,337 | 2,201 | 2,331 | 2,521 | 2,175 | 2,539 |
Minority Interest in Earnings | 520 | 547 | 330 | -210 | -267 | -58 | 308 | -367 | -39 | -93 | 91 | 16 | 135 | 56 | -60 | 114 | 98 | 190 | 82 | 113 |
Net Income to Common | 2,817 | 2,438 | 2,141 | 3,478 | 3,039 | 2,690 | -579 | 3,082 | 2,406 | 2,148 | 2,196 | 2,054 | 903 | 1,995 | 2,397 | 2,087 | 2,233 | 2,331 | 2,093 | 2,426 |
Net Income Growth (YoY) | -7.31% | -9.37% | - | 12.85% | 26.31% | 25.23% | - | 50.05% | 166.44% | 7.67% | -8.38% | -1.58% | -59.56% | -14.41% | 14.52% | -13.97% | 2.81% | -3.60% | 5.92% | 5.16% |
Shares Outstanding (Basic) | 1,559 | 1,558 | 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 |
Shares Outstanding (Diluted) | 1,560 | 1,559 | 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 |
Shares Change (YoY) | 0.13% | 0.13% | 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% |
EPS (Basic) | 1.80 | 1.56 | 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 |
EPS (Diluted) | 1.80 | 1.56 | 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 |
EPS Growth (YoY) | -7.69% | -9.30% | - | 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% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | 5,112 | -752 | 4,265 | 4,097 | 3,056 | -754 | 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 |
Free Cash Flow Growth (YoY) | 67.28% | - | 14.53% | 38.27% | -28.30% | - | 24.51% | -2.66% | 38.29% | - | 8.92% | 8.10% | -5.89% | - | -26.64% | -24.26% | -6.48% | 247.27% | 23.86% | 7.40% |
Free Cash Flow Per Share | 3.28 | -0.48 | 2.74 | 2.63 | 1.96 | -0.48 | 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 |
Dividends Per Share | 1.470 | 1.470 | 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 |
Dividend Growth (YoY) | 8.89% | 8.89% | 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% |
Gross Margin | 68.43% | 68.06% | 65.64% | 67.72% | 67.71% | 67.41% | 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% |
Operating Margin | 40.48% | 38.37% | 32.55% | 39.31% | 36.61% | 38.10% | 33.58% | 36.87% | 36.38% | 34.63% | 31.93% | 36.87% | 21.20% | 34.06% | 35.87% | 36.95% | 39.02% | 42.58% | 36.36% | 42.54% |
Profit Margin | 29.82% | 29.42% | 23.85% | 30.13% | 27.34% | 28.30% | -2.79% | 27.39% | 25.00% | 23.37% | 25.28% | 22.65% | 11.58% | 25.58% | 28.67% | 27.40% | 29.76% | 32.55% | 26.84% | 31.26% |
FCF Margin | 45.68% | -7.41% | 41.16% | 37.78% | 30.14% | -8.11% | 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% |
EBITDA | 5,043 | 4,403 | 3,894 | 4,768 | 4,202 | 4,024 | 3,736 | 4,152 | 3,889 | 3,412 | 3,258 | 3,799 | 2,202 | 3,030 | 2,924 | 3,326 | 3,056 | 3,551 | 3,226 | 3,690 |
EBITDA Margin | 45.06% | 43.40% | 37.58% | 43.96% | 41.44% | 43.26% | 38.49% | 41.89% | 41.08% | 38.80% | 36.01% | 41.56% | 24.56% | 37.79% | 35.87% | 41.41% | 39.02% | 45.84% | 39.81% | 45.43% |
EBIT | 4,530 | 3,893 | 3,373 | 4,263 | 3,712 | 3,544 | 3,259 | 3,654 | 3,444 | 3,045 | 2,889 | 3,370 | 1,901 | 2,731 | 2,924 | 2,968 | 3,056 | 3,298 | 2,947 | 3,455 |
EBIT Margin | 40.48% | 38.37% | 32.55% | 39.31% | 36.61% | 38.10% | 33.58% | 36.87% | 36.38% | 34.63% | 31.93% | 36.87% | 21.20% | 34.06% | 35.87% | 36.95% | 39.02% | 42.58% | 36.36% | 42.54% |
Effective Tax Rate | 22.25% | 18.46% | 21.46% | 18.69% | 19.04% | 20.02% | 29.89% | 21.30% | 23.67% | 24.75% | 12.27% | 33.25% | 35.04% | 17.27% | 14.89% | 22.03% | 20.31% | 19.71% | 21.42% | 22.45% |