Philip Morris International Inc. (PM)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue10,845,000,000$10,140,000,000$9,301,000,000$9,706,000,000$9,911,000,000$9,468,000,000$8,793,000,000$9,047,000,000$9,141,000,000$8,967,000,000$19,318,000,000$20,031,000,000$20,888,000,000$20,409,000,000$19,341,000,000$20,830,000,000$21,617,000,000$20,421,000,000$19,355,000,000$19,531,000,000$20,444,000,000$17,819,000,000$18,253,000,000$19,849,000,000$20,380,000,000$19,987,000,000$17,705,000,000$19,858,000,000$20,439,000,000$21,100,000,000$18,426,000,000$21,585,000,000$20,638,000,000$19,319,000,000$16,556,000,000$19,189,000,000$19,935,000,000$19,041,000,000$16,788,000,000$18,371,000,000$19,422,000,000$18,763,000,000$17,352,000,000$19,941,000,000$21,335,000,000$21,051,000,000$17,779,000,000$20,390,000,000$
QoQ%6.95%9.02%(4.17%)(2.07%)4.68%7.68%(2.81%)(1.03%)1.94%(53.58%)(3.56%)(4.10%)2.35%5.52%(7.15%)(3.64%)5.86%5.51%(.90%)(4.47%)14.73%(2.38%)(8.04%)(2.61%)1.97%12.89%(10.84%)(2.84%)(3.13%)14.51%(14.64%)4.59%6.83%16.69%(13.72%)(3.74%)4.70%13.42%(8.62%)(5.41%)3.51%8.13%(12.98%)(6.53%)1.35%18.40%(12.81%)(1.16%)
YoY%9.42%7.10%5.78%7.28%8.42%5.59%(54.48%)(54.84%)(56.24%)(56.06%)(.12%)(3.84%)(3.37%)(.06%)(.07%)6.65%5.74%14.60%6.04%(1.60%).31%(10.85%)3.10%(.05%)(.29%)(5.28%)(3.91%)(8.00%)(.96%)9.22%11.30%12.49%3.53%1.46%(1.38%)4.45%2.64%1.48%(3.25%)(7.87%)(8.97%)(10.87%)(2.40%)(2.20%)3.42%2.77%(4.04%)3.28%
Cost Of Revenue3,487,000,000$3,279,000,000$3,040,000,000$3,423,000,000$3,366,000,000$3,345,000,000$3,195,000,000$3,462,000,000$3,165,000,000$3,228,000,000$14,337,000,000$15,090,000,000$15,791,000,000$15,225,000,000$14,203,000,000$15,533,000,000$16,091,000,000$15,180,000,000$14,044,000,000$14,659,000,000$15,414,000,000$13,347,000,000$13,502,000,000$14,914,000,000$15,343,000,000$14,953,000,000$13,419,000,000$15,140,000,000$15,553,000,000$2,744,000,000$2,615,000,000$3,001,000,000$2,735,000,000$2,519,000,000$2,177,000,000$2,499,000,000$2,432,000,000$2,364,000,000$2,096,000,000$2,375,000,000$2,383,000,000$2,378,000,000$2,229,000,000$2,632,000,000$2,734,000,000$2,696,000,000$2,374,000,000$2,602,000,000$
Gross Profit7,358,000,000$6,861,000,000$6,261,000,000$6,283,000,000$6,545,000,000$6,123,000,000$5,598,000,000$5,585,000,000$5,976,000,000$5,739,000,000$4,981,000,000$4,941,000,000$5,097,000,000$5,184,000,000$5,138,000,000$5,297,000,000$5,526,000,000$5,241,000,000$5,311,000,000$4,872,000,000$5,030,000,000$4,472,000,000$4,751,000,000$4,935,000,000$5,037,000,000$5,034,000,000$4,286,000,000$4,718,000,000$4,886,000,000$4,982,000,000$4,281,000,000$5,293,000,000$4,738,000,000$4,398,000,000$3,887,000,000$4,472,000,000$4,550,000,000$4,285,000,000$3,987,000,000$4,017,000,000$4,544,000,000$4,481,000,000$4,387,000,000$4,565,000,000$5,122,000,000$5,101,000,000$4,543,000,000$5,187,000,000$
Gross Margin67.85%67.66%67.32%64.73%66.04%64.67%63.66%61.73%65.38%64.00%25.78%24.67%24.40%25.40%26.57%25.43%25.56%25.67%27.44%24.95%24.60%25.10%26.03%24.86%24.72%25.19%24.21%23.76%23.91%23.61%23.23%24.52%22.96%22.77%23.48%23.31%22.82%22.50%23.75%21.87%23.40%23.88%25.28%22.89%24.01%24.23%25.55%25.44%
Operating Expenses3,095,000,000$3,149,000,000$2,717,000,000$3,024,000,000$2,891,000,000$2,679,000,000$2,553,000,000$2,696,000,000$2,606,000,000$3,173,000,000$2,250,000,000$2,017,000,000$2,129,000,000$2,128,000,000$1,840,000,000$2,350,000,000$2,071,000,000$2,112,000,000$1,867,000,000$1,967,000,000$1,787,000,000$1,741,000,000$1,962,000,000$2,429,000,000$2,249,000,000$1,847,000,000$2,236,000,000$2,016,000,000$1,730,000,000$1,889,000,000$1,855,000,000$1,953,000,000$1,650,000,000$1,661,000,000$1,471,000,000$1,772,000,000$1,573,000,000$1,532,000,000$1,514,000,000$2,116,000,000$1,585,000,000$1,589,000,000$1,516,000,000$2,033,000,000$1,777,000,000$2,227,000,000$1,592,000,000$1,999,000,000$
Operating Income4,263,000,000$3,712,000,000$3,544,000,000$3,259,000,000$3,654,000,000$3,444,000,000$3,045,000,000$2,889,000,000$3,370,000,000$2,566,000,000$2,731,000,000$2,924,000,000$2,968,000,000$3,056,000,000$3,298,000,000$2,947,000,000$3,455,000,000$3,129,000,000$3,444,000,000$2,905,000,000$3,243,000,000$2,731,000,000$2,789,000,000$2,506,000,000$2,788,000,000$3,187,000,000$2,050,000,000$2,702,000,000$3,156,000,000$3,093,000,000$2,426,000,000$3,340,000,000$3,088,000,000$2,737,000,000$2,416,000,000$2,700,000,000$2,977,000,000$2,753,000,000$2,473,000,000$1,901,000,000$2,959,000,000$2,892,000,000$2,871,000,000$2,532,000,000$3,345,000,000$2,874,000,000$2,951,000,000$3,188,000,000$
Operating Margin39.31%36.61%38.10%33.58%36.87%36.38%34.63%31.93%36.87%28.62%14.14%14.60%14.21%14.97%17.05%14.15%15.98%15.32%17.79%14.87%15.86%15.33%15.28%12.63%13.68%15.95%11.58%13.61%15.44%14.66%13.17%15.47%14.96%14.17%14.59%14.07%14.93%14.46%14.73%10.35%15.24%15.41%16.55%12.70%15.68%13.65%16.60%15.64%
Interest Income0$0$0$0$0$0$0$0$0$0$
Interest Expenses230,000,000$277,000,000$241,000,000$326,000,000$189,000,000$329,000,000$299,000,000$273,000,000$261,000,000$297,000,000$230,000,000$170,000,000$138,000,000$126,000,000$154,000,000$146,000,000$154,000,000$161,000,000$167,000,000$164,000,000$163,000,000$162,000,000$129,000,000$136,000,000$132,000,000$150,000,000$152,000,000$125,000,000$145,000,000$168,000,000$227,000,000$259,000,000$223,000,000$213,000,000$219,000,000$201,000,000$220,000,000$223,000,000$247,000,000$227,000,000$247,000,000$259,000,000$275,000,000$263,000,000$267,000,000$254,000,000$268,000,000$252,000,000$
Income Before Tax4,019,000,000$3,424,000,000$3,291,000,000$2,917,000,000$3,450,000,000$3,101,000,000$2,731,000,000$2,607,000,000$3,101,000,000$2,263,000,000$2,479,000,000$2,746,000,000$2,823,000,000$2,925,000,000$3,140,000,000$2,768,000,000$3,274,000,000$2,941,000,000$3,249,000,000$2,712,000,000$3,057,000,000$2,547,000,000$2,637,000,000$2,342,000,000$2,636,000,000$3,017,000,000$1,877,000,000$2,555,000,000$3,004,000,000$2,919,000,000$2,193,000,000$3,059,000,000$2,845,000,000$2,508,000,000$2,177,000,000$2,411,000,000$2,757,000,000$2,530,000,000$2,226,000,000$1,674,000,000$2,712,000,000$2,633,000,000$2,596,000,000$2,269,000,000$3,078,000,000$2,620,000,000$2,683,000,000$2,936,000,000$
Tax Expenses751,000,000$652,000,000$659,000,000$872,000,000$735,000,000$734,000,000$676,000,000$320,000,000$1,031,000,000$560,000,000$428,000,000$409,000,000$622,000,000$594,000,000$619,000,000$593,000,000$735,000,000$646,000,000$697,000,000$613,000,000$640,000,000$528,000,000$596,000,000$623,000,000$635,000,000$611,000,000$424,000,000$551,000,000$691,000,000$644,000,000$559,000,000$2,265,000,000$812,000,000$689,000,000$541,000,000$658,000,000$764,000,000$716,000,000$630,000,000$412,000,000$748,000,000$743,000,000$785,000,000$651,000,000$918,000,000$752,000,000$776,000,000$893,000,000$
Net Income3,613,000,000$3,148,000,000$2,837,000,000$(486,000,000$)3,215,000,000$2,528,000,000$2,246,000,000$2,313,000,000$2,171,000,000$1,682,000,000$2,102,000,000$2,494,000,000$2,222,000,000$2,346,000,000$2,465,000,000$2,229,000,000$2,588,000,000$2,298,000,000$2,595,000,000$2,119,000,000$2,437,000,000$2,049,000,000$1,987,000,000$1,782,000,000$2,046,000,000$2,436,000,000$1,464,000,000$2,003,000,000$2,341,000,000$2,295,000,000$1,647,000,000$796,000,000$2,045,000,000$1,842,000,000$1,658,000,000$1,775,000,000$2,028,000,000$1,842,000,000$1,605,000,000$1,298,000,000$1,984,000,000$1,916,000,000$1,834,000,000$1,649,000,000$2,198,000,000$1,895,000,000$1,916,000,000$2,036,000,000$
Profit Margin33.32%31.05%30.50%(5.01%)32.44%26.70%25.54%25.57%23.75%18.76%10.88%12.45%10.64%11.50%12.75%10.70%11.97%11.25%13.41%10.85%11.92%11.50%10.89%8.98%10.04%12.19%8.27%10.09%11.45%10.88%8.94%3.69%9.91%9.54%10.01%9.25%10.17%9.67%9.56%7.07%10.22%10.21%10.57%8.27%10.30%9.00%10.78%9.99%
TTM22.79%22.31%21.09%19.81%27.68%25.40%23.40%17.79%14.71%12.28%11.36%11.81%11.37%11.71%11.65%11.81%11.86%11.85%11.93%11.30%10.81%10.31%10.52%9.92%10.20%10.57%10.24%10.38%8.68%8.30%7.92%8.12%9.67%9.74%9.77%9.67%9.14%9.14%9.28%9.52%9.78%9.82%9.51%9.56%9.99%10.33%10.78%11.06%
Earnings to Minority135,000,000$109,000,000$147,000,000$93,000,000$133,000,000$122,000,000$98,000,000$117,000,000$117,000,000$114,000,000$107,000,000$97,000,000$135,000,000$113,000,000$134,000,000$136,000,000$162,000,000$126,000,000$177,000,000$143,000,000$130,000,000$102,000,000$161,000,000$166,000,000$150,000,000$117,000,000$110,000,000$93,000,000$94,000,000$97,000,000$91,000,000$102,000,000$75,000,000$61,000,000$68,000,000$64,000,000$90,000,000$54,000,000$75,000,000$49,000,000$42,000,000$29,000,000$39,000,000$37,000,000$43,000,000$44,000,000$41,000,000$49,000,000$
Earnings to Common Shareholders3,468,000,000$3,031,000,000$2,682,000,000$(580,000,000$)3,073,000,000$2,399,000,000$2,142,000,000$2,191,000,000$2,048,000,000$1,563,000,000$1,989,000,000$2,391,000,000$2,082,000,000$2,226,000,000$2,324,000,000$2,088,000,000$2,419,000,000$2,166,000,000$2,411,000,000$1,971,000,000$2,302,000,000$1,942,000,000$1,821,000,000$1,616,000,000$1,896,000,000$2,319,000,000$1,354,000,000$1,910,000,000$2,247,000,000$2,198,000,000$1,556,000,000$694,000,000$1,970,000,000$1,781,000,000$1,590,000,000$1,711,000,000$1,938,000,000$1,788,000,000$1,530,000,000$1,249,000,000$1,942,000,000$1,887,000,000$1,795,000,000$1,612,000,000$2,155,000,000$1,851,000,000$1,875,000,000$1,987,000,000$
QoQ%14.42%13.01%562.41%(118.87%)28.10%12.00%(2.24%)6.98%31.03%(21.42%)(16.81%)14.84%(6.47%)(4.22%)11.30%(13.68%)11.68%(10.16%)22.32%(14.38%)18.54%6.65%12.69%(14.77%)(18.24%)71.27%(29.11%)(15.00%)2.23%41.26%124.21%(64.77%)10.61%12.01%(7.07%)(11.71%)8.39%16.86%22.50%(35.69%)2.92%5.13%11.35%(25.20%)16.42%(1.28%)(5.64%)(15.09%)
YoY%12.85%26.34%25.21%(126.47%)50.05%53.49%7.69%(8.37%)(1.63%)(29.78%)(14.42%)14.51%(13.93%)2.77%(3.61%)5.94%5.08%11.54%32.40%21.97%21.41%(16.26%)34.49%(15.39%)(15.62%)5.51%(12.98%)175.22%14.06%23.41%(2.14%)(59.44%)1.65%(.39%)3.92%36.99%(.21%)(5.25%)(14.76%)(22.52%)(9.88%)1.95%(4.27%)(18.87%)(7.91%)(12.85%)(11.77%)(5.16%)
Earnings Per Share, Basic2.23$1.95$1.72$(0.37$)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$1.39$1.55$1.27$1.48$1.25$1.17$1.04$1.22$1.49$0.87$1.23$1.45$1.41$1.00$0.45$1.27$1.15$1.02$1.10$1.25$1.15$0.99$0.81$1.25$1.22$1.16$1.04$1.38$1.18$1.18$1.24$
Earnings Per Share, Diluted2.23$1.95$1.72$(0.37$)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$1.39$1.55$1.27$1.48$1.25$1.17$1.04$1.22$1.49$0.87$1.23$1.45$1.41$1.00$0.45$1.27$1.15$1.02$1.10$1.25$1.15$0.99$0.81$1.25$1.22$1.16$1.04$1.38$1.18$1.18$1.24$
Unlevered FCF Per Share, Basic2.63$1.96$(0.48$)2.40$1.91$2.74$(0.11$)1.93$1.96$1.99$(0.80$)1.77$1.82$2.11$0.57$2.40$2.39$2.25$0.16$1.94$2.22$1.15$0.60$2.04$1.21$2.10$0.59$1.34$0.87$2.30$0.65$1.53$0.96$1.91$0.36$1.10$1.83$1.37$0.15$1.00$1.59$2.24$(0.37$)0.65$1.71$1.56$0.29$1.22$
Unlevered FCF Per Share, Diluted2.63$1.96$(0.48$)2.39$1.90$2.74$(0.11$)1.93$1.96$1.98$(0.79$)1.77$1.81$2.11$0.57$2.41$2.38$2.24$0.16$1.94$2.22$1.15$0.60$2.04$1.21$2.10$0.59$1.34$0.87$2.30$0.65$1.53$0.96$1.90$0.35$1.10$1.83$1.37$0.15$1.00$1.59$2.24$(0.37$)0.65$1.71$1.56$0.29$1.22$
Average Shares, Basic1,557,000,0001,557,000,0001,556,000,0001,553,000,0001,555,000,0001,555,000,0001,553,000,0001,552,000,0001,552,000,0001,552,000,0001,552,000,0001,549,000,0001,550,000,0001,551,000,0001,550,000,0001,558,000,0001,558,000,0001,558,000,0001,558,000,0001,555,000,0001,558,000,0001,558,000,0001,557,000,0001,553,000,0001,556,000,0001,556,000,0001,555,000,0001,557,000,0001,555,000,0001,555,000,0001,553,000,0001,550,000,0001,553,000,0001,553,000,0001,552,000,0001,552,000,0001,551,000,0001,551,000,0001,550,000,0001,550,000,0001,549,000,0001,549,000,0001,548,000,0001,550,000,0001,560,000,0001,571,000,0001,583,000,0001,597,000,000
Average Shares, Diluted1,558,000,0001,558,000,0001,557,000,0001,557,000,0001,556,000,0001,556,000,0001,555,000,0001,552,000,0001,554,000,0001,553,000,0001,553,000,0001,552,000,0001,552,000,0001,552,000,0001,552,000,0001,556,000,0001,560,000,0001,560,000,0001,560,000,0001,558,000,0001,558,000,0001,558,000,0001,558,000,0001,556,000,0001,556,000,0001,556,000,0001,556,000,0001,556,000,0001,555,000,0001,555,000,0001,554,000,0001,551,000,0001,554,000,0001,554,000,0001,553,000,0001,552,000,0001,551,000,0001,551,000,0001,550,000,0001,550,000,0001,549,000,0001,549,000,0001,548,000,0001,550,000,0001,560,000,0001,571,000,0001,583,000,0001,597,000,000
EBIT4,249,000,000$3,701,000,000$3,532,000,000$3,243,000,000$3,639,000,000$3,430,000,000$3,030,000,000$2,880,000,000$3,362,000,000$2,560,000,000$2,709,000,000$2,916,000,000$2,961,000,000$3,051,000,000$3,294,000,000$2,914,000,000$3,428,000,000$3,102,000,000$3,416,000,000$2,876,000,000$3,220,000,000$2,709,000,000$2,766,000,000$2,478,000,000$2,768,000,000$3,167,000,000$2,029,000,000$2,680,000,000$3,149,000,000$3,087,000,000$2,420,000,000$3,318,000,000$3,068,000,000$2,721,000,000$2,396,000,000$2,612,000,000$2,977,000,000$2,753,000,000$2,473,000,000$1,901,000,000$2,959,000,000$2,892,000,000$2,871,000,000$2,532,000,000$3,345,000,000$2,874,000,000$2,951,000,000$3,188,000,000$
EBITDA4,754,000,000$4,191,000,000$4,012,000,000$3,720,000,000$4,137,000,000$3,875,000,000$3,397,000,000$2,880,000,000$3,362,000,000$2,560,000,000$2,709,000,000$2,916,000,000$2,961,000,000$3,338,000,000$3,547,000,000$3,193,000,000$3,663,000,000$3,341,000,000$3,661,000,000$3,148,000,000$3,459,000,000$2,938,000,000$3,007,000,000$2,733,000,000$3,005,000,000$3,399,000,000$2,269,000,000$2,935,000,000$3,395,000,000$3,333,000,000$2,662,000,000$3,561,000,000$3,293,000,000$2,931,000,000$2,593,000,000$2,807,000,000$3,165,000,000$2,938,000,000$2,648,000,000$2,094,000,000$3,143,000,000$3,077,000,000$3,063,000,000$2,761,000,000$3,578,000,000$3,090,000,000$3,162,000,000$3,411,000,000$