Philip Morris International Inc. (PM) Income Statement Analysis

See more : WisdomTree Industrial Metals Enhanced (META.L) Income Statement Analysis – Financial Results

Complete financial analysis of Philip Morris International Inc. (PM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Philip Morris International Inc., a leading company in the Tobacco industry within the Consumer Defensive sector.

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Philip Morris International Inc. (PM)

Industry: Tobacco

Sector: Consumer Defensive

Website: https://www.pmi.com

About Philip Morris International Inc.

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2003	2001
Revenue	35.17B	31.76B	31.41B	28.69B	29.81B	29.63B	28.75B	26.69B	26.79B	29.77B	31.22B	31.38B	31.10B	27.21B	25.04B	25.71B	22.80B	48.26B	45.29B	33.39B	8.10B
Cost of Revenue	12.89B	11.23B	10.03B	9.57B	10.51B	10.76B	10.43B	9.39B	9.37B	10.44B	10.41B	10.37B	10.68B	9.71B	9.02B	9.33B	8.72B	35.62B	32.92B	23.82B	2.81B
Gross Profit	22.28B	20.53B	21.38B	19.13B	19.29B	18.87B	18.32B	17.29B	17.43B	19.33B	20.81B	21.00B	20.42B	17.50B	16.01B	16.38B	14.08B	12.64B	12.37B	9.57B	5.30B
Gross Profit Ratio	63.35%	64.65%	68.06%	66.65%	64.73%	63.69%	63.71%	64.81%	65.05%	64.94%	66.65%	66.94%	65.66%	64.30%	63.96%	63.71%	61.75%	26.19%	27.31%	28.66%	65.36%
Research & Development	709.00M	642.00M	617.00M	495.00M	465.00M	383.00M	453.00M	429.00M	423.00M	433.00M	449.00M	415.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	10.11B	8.14B	8.52B	7.48B	8.78B	7.45B	6.73B	6.41B	6.66B	7.00B	6.89B	6.98B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	-148.00M	8.30B	7.38B	8.70B	7.41B	6.73B	6.41B	6.66B	7.00B	6.89B	6.98B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	10.11B	7.99B	8.30B	7.41B	8.17B	7.45B	6.73B	6.41B	6.66B	7.00B	6.89B	6.96B	6.88B	6.16B	5.87B	6.00B	5.02B	4.57B	4.54B	3.37B	0.00
Other Expenses	0.00	0.00	0.00	0.00	0.00	-41.00M	0.00	0.00	0.00	0.00	0.00	0.00	98.00M	88.00M	74.00M	44.00M	28.00M	0.00	90.00M	0.00	0.00
Operating Expenses	10.63B	8.18B	8.37B	7.54B	8.70B	7.47B	6.75B	6.39B	6.70B	7.52B	7.31B	7.16B	6.98B	6.25B	5.94B	6.05B	5.05B	4.27B	4.63B	3.37B	2.35B
Cost & Expenses	23.62B	19.40B	18.40B	17.11B	19.21B	18.23B	17.19B	15.78B	16.07B	17.96B	17.72B	17.53B	17.66B	15.96B	14.97B	15.37B	13.77B	39.89B	37.55B	27.19B	5.16B
Interest Income	465.00M	180.00M	109.00M	110.00M	226.00M	190.00M	182.00M	178.00M	124.00M	118.00M	131.00M	148.00M	134.00M	98.00M	108.00M	217.00M	0.00	229.00M	0.00	0.00	0.00
Interest Expense	1.53B	768.00M	737.00M	728.00M	570.00M	665.00M	914.00M	891.00M	1.13B	1.17B	1.10B	1.01B	800.00M	974.00M	797.00M	528.00M	10.00M	371.00M	94.00M	0.00	146.00M
Depreciation & Amortization	1.40B	1.19B	998.00M	981.00M	964.00M	989.00M	875.00M	743.00M	754.00M	889.00M	882.00M	898.00M	98.00M	932.00M	853.00M	44.00M	748.00M	658.00M	527.00M	370.00M	0.00
EBITDA	13.37B	13.79B	14.17B	12.92B	11.95B	12.58B	12.46B	11.71B	11.47B	12.67B	14.48B	14.85B	14.48B	12.19B	10.94B	11.09B	9.64B	9.23B	8.26B	6.57B	2.95B
EBITDA Ratio	38.02%	42.88%	44.81%	44.26%	40.34%	41.60%	43.06%	43.31%	42.71%	44.10%	47.11%	47.31%	43.89%	45.12%	43.63%	40.69%	43.57%	18.08%	18.44%	19.67%	36.36%
Operating Income	12.70B	12.54B	13.08B	11.72B	11.06B	11.34B	11.50B	10.82B	10.69B	12.24B	13.82B	13.95B	13.33B	11.20B	10.04B	10.25B	8.87B	8.37B	7.74B	6.20B	2.95B
Operating Income Ratio	36.10%	39.49%	41.64%	40.84%	37.10%	38.26%	40.01%	40.53%	39.90%	41.11%	44.28%	44.45%	42.87%	41.16%	40.10%	39.87%	38.92%	17.34%	17.08%	18.56%	36.36%
Total Other Income/Expenses	-2.09B	-773.00M	-695.00M	-751.00M	-1.04B	-605.00M	-855.00M	-797.00M	-971.00M	-947.00M	-995.00M	-959.00M	-810.00M	-876.00M	-797.00M	-311.00M	-49.00M	-124.00M	-94.00M	17.00M	-179.00M
Income Before Tax	10.61B	11.77B	12.38B	10.97B	10.02B	10.73B	10.65B	10.02B	9.72B	10.76B	12.52B	12.99B	12.53B	10.32B	9.24B	9.94B	8.86B	8.23B	7.64B	6.21B	2.77B
Income Before Tax Ratio	30.16%	37.06%	39.42%	38.23%	33.62%	36.22%	37.04%	37.54%	36.28%	36.13%	40.11%	41.39%	40.30%	37.94%	36.92%	38.66%	38.88%	17.05%	16.87%	18.61%	34.16%
Income Tax Expense	2.34B	2.24B	2.67B	2.38B	2.29B	2.45B	4.31B	2.77B	2.69B	3.10B	3.67B	3.83B	3.65B	2.83B	2.69B	2.79B	2.56B	1.83B	1.84B	2.09B	593.00M
Net Income	7.79B	9.05B	9.11B	8.06B	7.19B	7.91B	6.04B	6.97B	6.87B	7.49B	8.58B	8.80B	8.59B	7.26B	6.34B	6.89B	6.03B	6.15B	5.62B	3.98B	2.23B
Net Income Ratio	22.15%	28.49%	29.00%	28.08%	24.11%	26.70%	20.99%	26.11%	25.65%	25.17%	27.47%	28.05%	27.63%	26.68%	25.33%	26.80%	26.43%	12.74%	12.41%	11.91%	27.50%
EPS	5.02	5.82	5.83	5.16	4.61	5.09	3.88	4.48	4.42	4.76	5.26	5.17	4.98	3.93	3.25	3.33	2.86	2.91	2.71	1.96	1.34
EPS Diluted	5.02	5.81	5.83	5.16	4.61	5.09	3.88	4.48	4.42	4.76	5.26	5.17	4.98	3.92	3.24	3.32	2.86	2.91	2.69	1.95	1.34
Weighted Avg Shares Out	1.55B	1.55B	1.56B	1.56B	1.56B	1.56B	1.55B	1.55B	1.55B	1.57B	1.62B	1.69B	1.73B	1.84B	1.94B	2.07B	2.11B	2.11B	2.07B	2.03B	0.00
Weighted Avg Shares Out (Dil)	1.55B	1.55B	1.56B	1.56B	1.56B	1.56B	1.55B	1.55B	1.55B	1.57B	1.62B	1.69B	1.73B	1.84B	1.95B	2.08B	2.11B	2.11B	2.09B	2.04B	0.00

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