Philip Morris International Income Statement
PM / Consumer Staples|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Philip Morris International reported $40.6B in revenue and $11.3B in net income for FY2025. Revenue has declined at a 3.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 21.6%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.6B | $37.9B | $31.4B | $28.7B | $29.8B | $29.6B | $28.7B | $26.7B | $73.9B | $80.1B | $80.0B | $77.4B | $76.3B | $67.7B | $62.1B |
| Cost of Revenue | $13.4B | $13.3B | $10.0B | $9.6B | $10.5B | $10.8B | $10.4B | $9.4B | $9.4B | $10.4B | $10.4B | $10.4B | $10.7B | $9.7B | $9.0B |
| Gross Profit | $27.3B | $24.5B | $21.4B | $19.1B | $19.3B | $18.9B | $18.3B | $17.3B | $17.4B | $19.3B | $20.8B | $21.0B | $20.4B | $17.5B | $16.0B |
| SG&A Expense | - | - | - | - | - | - | - | - | $162.0M | $165.0M | - | $210.0M | - | - | - |
| R&D Expense | $756.0M | $759.0M | $617.0M | $495.0M | $465.0M | $383.0M | $453.0M | $429.0M | $423.0M | $433.0M | $449.0M | $415.0M | $413.0M | $391.0M | $335.0M |
| Operating Income | $14.9B | $13.4B | $13.0B | $11.7B | $10.5B | $11.4B | $11.6B | $10.9B | $10.6B | $11.7B | $13.5B | $13.9B | $13.3B | $11.2B | $10.0B |
| Interest Expense | - | - | $737.0M | $728.0M | $796.0M | $855.0M | $1.1B | $1.1B | $1.1B | $1.2B | $1.1B | $1.0B | $934.0M | $974.0M | $905.0M |
| Income Tax | $2.7B | $3.0B | $2.7B | $2.4B | $2.3B | $2.4B | $4.3B | $2.8B | $2.7B | $3.1B | $3.7B | $3.8B | $3.7B | $2.8B | $2.7B |
| Net Income | $11.3B | $7.1B | $9.1B | $8.1B | $7.2B | $7.9B | $6.0B | $7.0B | $6.9B | $7.5B | $8.6B | $8.8B | $8.6B | $7.3B | $6.3B |
| EPS (Basic) | $5.02 | $5.82 | $5.83 | $5.16 | $4.61 | $5.08 | $3.88 | $4.48 | $4.42 | $4.76 | $5.26 | $5.17 | $4.85 | $3.93 | $3.25 |
| EPS (Diluted) | $5.02 | $5.81 | $5.83 | $5.16 | $4.61 | $5.08 | $3.88 | $4.48 | $4.42 | $4.76 | $5.26 | $5.17 | $4.85 | $3.92 | $3.24 |
| Shares Outstanding | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.5B | 1.6B | 1.6B | 1.7B | 1.8B | 1.8B | 1.9B |
| Gross Margin | 67.1% | 64.8% | 68.1% | 66.6% | 64.7% | 63.7% | 63.7% | 64.8% | 23.6% | 24.1% | 26.0% | 27.1% | 26.8% | 25.8% | 25.8% |
| Operating Margin | 36.6% | 35.4% | 41.3% | 40.7% | 35.3% | 38.4% | 40.3% | 40.9% | 14.4% | 14.6% | 16.9% | 17.9% | 17.5% | 16.5% | 16.2% |
| Profit Margin | 27.9% | 18.6% | 29.0% | 28.1% | 24.1% | 26.7% | 21.0% | 26.1% | 9.3% | 9.3% | 10.7% | 11.4% | 11.3% | 10.7% | 10.2% |