← Philip Morris International Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $75.0b |
$78.1b
+4.20%
|
$29.6b
-62.07%
|
$29.8b
+0.61%
|
$28.7b
-3.73%
|
$31.4b
+9.45%
|
$31.8b
+1.14%
|
$35.2b
+10.74%
|
$37.9b
+7.69%
|
$40.6b
+7.31%
|
$42.5b
+4.67%
|
|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $79.8b | $77.9b | $76.0b | $82.2b | $80.7b | — | — | — | — | |
| Cost of Revenue | $9.4b |
$10.4b
+11.09%
|
$10.8b
+3.12%
|
$10.5b
-2.28%
|
$9.6b
-8.98%
|
$10.0b
+4.82%
|
$11.4b
+13.68%
|
$12.9b
+13.08%
|
$13.3b
+3.38%
|
$13.4b
+0.28%
|
$13.8b
+3.51%
|
|
| Gross Profit | $17.3b |
$18.3b
+5.91%
|
$18.9b
+3.01%
|
$19.3b
+2.25%
|
$19.1b
-0.87%
|
$21.4b
+11.76%
|
$20.4b
-4.75%
|
$22.3b
+9.44%
|
$24.5b
+10.18%
|
$27.3b
+11.13%
|
$28.7b
+5.23%
|
|
| Interest Income (Expense), Net | ($891.0m) |
($914.0m)
-2.58%
|
($665.0m)
+27.24%
|
($570.0m)
+14.29%
|
($618.0m)
-8.42%
|
($628.0m)
-1.62%
|
($588.0m)
+6.37%
|
($1.1b)
-80.44%
|
— | — | $621.0m | |
| Research and Development Expense | $429.0m | $453.0m | $383.0m | $465.0m | $495.0m | $617.0m | $642.0m | $709.0m | $759.0m | $756.0m | — | |
| General and Administrative Expense | $161.0m | $164.0m | — | — | — | — | — | — | — | — | $10.9b | |
| Amortization of Intangible Assets | $74.0m | $88.0m | $82.0m | $66.0m | $73.0m | $96.0m | — | $497.0m | $835.0m | $1.0b | — | |
| Restructuring and Related Cost, Incurred Cost | — | — | — | — | — | $216.0m | — | $109.0m | — | — | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $10.8b |
$11.5b
+6.36%
|
$11.4b
-1.10%
|
$10.5b
-7.44%
|
$11.7b
+10.80%
|
$13.0b
+11.20%
|
$12.2b
-5.62%
|
$11.6b
-5.63%
|
$13.4b
+15.97%
|
$14.9b
+11.12%
|
$16.1b
+7.84%
|
|
| Interest Expense | $1.1b | $1.1b | $855.0m | $796.0m | $728.0m | $737.0m | $768.0m | $1.5b | — | — | $1.5b | |
| Investment Income, Interest | $178.0m | $182.0m | $190.0m | $226.0m | $110.0m | $109.0m | $180.0m | $465.0m | $620.0m | $621.0m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($272.0m) | ($49.0m) | ($21.0m) | $95.0m | ($90.0m) | ($45.0m) | ($199.0m) | ($305.0m) | ($302.0m) | ($178.0m) | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $1.8b | $1.6b | $1.5b | |
| Income (Loss) from Equity Method Investments | $94.0m | $59.0m | — | — | — | — | — | $157.0m | $637.0m | $705.0m | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | — | ($1.1b) | ($966.0m) | $621.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $870.0m | $15.1b | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $3.6b | $3.1b | |
| Income Tax Expense (Benefit) | $2.8b | $4.3b | $2.4b | $2.3b | $2.4b | $2.7b | $2.2b | $2.3b | $3.0b | $2.7b | $3.1b | |
| Net Income (Loss) Attributable to Parent | $7.0b |
$6.0b
-13.38%
|
$7.9b
+31.09%
|
$7.2b
-9.18%
|
$8.1b
+12.12%
|
$9.1b
+13.07%
|
$9.0b
-0.67%
|
$7.8b
-13.65%
|
$7.1b
-9.68%
|
$11.3b
+60.80%
|
$10.8b
-4.44%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | $9.1b |
$9.0b
-0.65%
|
$7.8b
-13.66%
|
$7.0b
-9.72%
|
$11.3b
+60.88%
|
$10.8b
-4.17%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $283.0m | $306.0m | $375.0m | $543.0m | $536.0m | $601.0m | $479.0m | $455.0m | $446.0m | $500.0m | $10.8b | |
| Earnings Per Share, Basic | $4.48 | $3.88 | $5.08 | $4.61 | $5.16 | $5.83 | $5.82 | $5.02 | $4.53 | $7.27 | $6.96 | |
| Earnings Per Share, Diluted | $4.48 | $3.88 | $5.08 | $4.61 | $5.16 | $5.83 | $5.81 | $5.02 | $4.52 | $7.26 | $6.95 | |
| Common Stock, Dividends, Per Share, Declared | $4.12 | $4.22 | $4.49 | $4.62 | $4.74 | $4.90 | $5.04 | $5.14 | $5.30 | $5.64 | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | |
| Weighted Average Number of Shares Outstanding, Diluted | — | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | 1.6b | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | $2.3b | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $665.0m | $0 | $41.0m | $0 | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | $41.0m | $89.0m | $97.0m | $115.0m | $24.0m | $45.0m | $60.0m | $46.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.