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Philip Morris International
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Arincen80/100B

Philip Morris International income statement 2001–2026

43.14B USD over the last twelve months, and 40.65B USD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
30 Sept 2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Revenue
43.14B40.65B37.88B35.17B31.76B31.41B28.69B29.81B29.63B28.75B26.69B
Revenue growth
+7.87%+7.31%+7.69%+10.74%+1.14%+9.45%-3.73%+0.61%+3.05%+7.73%-0.41%
Cost of revenue
13.92B13.37B13.33B12.89B11.40B10.03B9.57B10.51B10.76B10.43B9.39B
Gross profit
29.22B27.28B24.55B22.28B20.36B21.38B19.13B19.29B18.87B18.32B17.29B
Gross margin
67.74%67.12%64.81%63.35%64.10%68.06%66.65%64.73%63.69%63.71%64.81%
Research and development
—756.00M759.00M——617.00M495.00M465.00M383.00M453.00M429.00M
Selling, general and administrative
12.26B10.56B11.15B10.06B8.11B8.40B7.48B8.78B7.45B6.73B6.41B
Operating expenses
12.56B12.39B11.15B10.73B8.11B8.40B7.46B8.76B7.47B6.75B6.39B
16.66B14.89B13.40B11.56B12.25B12.97B11.72B10.53B11.34B11.58B10.90B
Operating income growth
+12.75%+11.12%+15.97%-5.63%-5.60%+10.68%+11.29%-7.10%-2.07%+6.17%+2.64%
Operating margin
38.62%36.64%35.38%32.85%38.56%41.31%40.84%35.33%38.27%40.27%40.86%
Interest income
—621.00M620.00M465.00M180.00M109.00M110.00M226.00M190.00M182.00M178.00M
Interest expense
1.52B1.59B1.76B1.53B768.00M737.00M728.00M796.00M855.00M1.10B1.07B
Other non-operating income
-1.59B-307.00M-1.20B-949.00M-475.00M-591.00M-751.00M-510.00M-605.00M-928.00M-885.00M
Pretax income
15.07B14.59B12.20B10.61B11.77B12.38B10.97B10.02B10.73B10.65B10.02B
Income tax
3.29B2.74B2.38B2.34B2.24B2.67B2.38B2.29B2.45B4.31B2.77B
Effective tax rate
21.85%18.77%19.51%22.05%19.06%21.57%21.67%22.88%22.78%40.45%27.63%
10.71B11.35B7.03B7.79B9.05B9.11B8.06B7.19B7.91B6.04B6.97B
Net income growth
+24.12%+61.33%-9.72%-13.89%-0.67%+13.07%+12.12%-9.18%+31.09%-13.38%+1.37%
Net margin
24.83%27.92%18.57%22.15%28.49%29.00%28.08%24.11%26.70%20.99%26.11%
Basic shares
1.56B1.56B1.55B1.55B1.55B1.56B1.56B1.56B1.56B1.55B1.55B
Diluted shares
1.56B1.56B1.56B1.55B1.55B1.56B1.56B1.56B1.56B1.55B1.55B
Change in diluted shares
+0.30%+0.13%+0.19%+0.06%-0.45%+0.06%+0.13%+0.06%+0.13%+0.13%+0.13%
EPS (basic)
6.857.274.535.025.825.835.164.615.093.884.48
EPS (diluted)
6.857.264.525.025.815.835.164.615.093.884.48
EPS growth
+23.87%+60.62%-9.96%-13.60%-0.34%+12.98%+11.93%-9.43%+31.19%-13.39%+1.36%
Dividends per share
5.885.645.305.145.044.904.744.624.494.224.12
Dividend growth
+45.19%+6.42%+3.11%+1.98%+2.86%+3.38%+2.60%+2.90%+6.40%+2.43%+1.98%
EBITDA
18.76B18.72B15.75B13.37B13.48B13.97B12.66B11.63B12.52B12.46B11.71B
EBITDA margin
43.48%46.06%41.58%38.02%42.44%44.47%44.13%39.03%42.24%43.34%43.87%
EBIT
17.21B16.73B13.96B11.98B12.40B12.97B11.68B10.67B11.53B11.58B10.99B

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Figures underlined with dots are from the company's SEC filings, where our data provider's differ.

Common questions about Philip Morris International's income statement

Source: Financial Modeling PrepVerified against SEC filings