Company research / PM

Philip Morris International Inc. (PM)

CIK 0001413329 · NYSE · Cigarettes

  • Sector Manufacturing
  • Incorporated VA
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Philip Morris International Inc. reported revenue of $40.65B. Revenue grew 7.3% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $42.55B.

Key ratios (year ended 2025-12-31)

67.1%
Gross margin
36.6%
Operating margin
27.9%
Net margin
7.3%
Revenue growth (YoY)

Beyond the statements

Follow the company.

Explore new filings, reported insider transactions and company relationships.

Open company research ↗

Latest selected filing: Form 8-K (current report) · 2026-10-21

Headquarters locality: Lausanne / Stamford · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$42.55B$40.65B$37.88B$35.17B$31.76B$31.41B$28.69B$29.80B$29.62B$28.75B$26.68B
Cost of Revenuen/a$13.37B$13.33B$12.89B$11.40B$10.03B$9.57B$10.51B$10.76B$10.43B$9.39B
Gross Profitn/a$27.28B$24.55B$22.28B$20.36B$21.38B$19.12B$19.29B$18.87B$18.32B$17.29B
R&D Expensen/a$756.00M$759.00M$709.00M$642.00M$617.00M$495.00M$465.00M$383.00M$453.00M$429.00M
Operating Income$16.06B$14.89B$13.40B$11.56B$12.25B$12.97B$11.67B$10.53B$11.38B$11.58B$10.90B
Depreciation & Amortization$2.05B$2.00B$1.79B$1.40B$1.08B$998.00M$981.00M$964.00M$989.00M$875.00M$743.00M
EBITDA$18.11B$16.89B$15.19B$12.95B$13.32B$13.97B$12.65B$11.49B$12.37B$12.46B$11.65B
Net Income$10.87B$11.35B$7.06B$7.81B$9.05B$9.11B$8.06B$7.18B$7.91B$6.04B$6.97B
EPS (Diluted)n/a$7.26$4.52$5.02$5.81$5.83$5.16$4.61$5.08$3.88$4.48
Total Assets$68.27B$69.19B$61.78B$65.30B$61.68B$41.29B$44.81B$42.88B$39.80B$42.97B$36.85B
Total Liabilities$74.93B$77.21B$71.65B$74.75B$67.99B$49.50B$55.45B$52.47B$50.54B$53.20B$47.75B
Shareholders' Equity-$6.66B-$8.03B-$9.87B-$9.45B-$6.31B-$8.21B-$10.63B-$9.60B-$10.74B-$10.23B-$10.90B
Cash & Equivalents$6.00B$4.87B$4.22B$3.06B$3.21B$4.50B$7.28B$6.86B$6.59B$8.45B$4.24B
Operating Cash Flow$14.26B$12.23B$12.22B$9.20B$10.80B$11.97B$9.81B$10.09B$9.48B$8.91B$8.08B
Capital Expenditures$1.54B$1.57B$1.44B$1.32B$1.08B$748.00M$602.00M$852.00M$1.44B$1.55B$1.17B
Free Cash Flow$12.72B$10.66B$10.77B$7.88B$9.73B$11.22B$9.21B$9.24B$8.04B$7.36B$6.91B
Share Repurchasesn/an/a$0$0$209.00M$775.00M$0$0n/a$0$0
Dividends Paid$9.01B$8.62B$8.20B$7.96B$7.81B$7.58B$7.36B$7.16B$6.88B$6.52B$6.38B
Dividends Per Sharen/a$5.64$5.30$5.14$5.04$4.90$4.74$4.62$4.49$4.22$4.12
Weighted Average Diluted Sharesn/a1.56B1.56B1.55B1.55B1.56B1.56B1.56B1.55B1.55B1.55B
EPS (Basic)n/a$7.27$4.53$5.02$5.82$5.83$5.16$4.61$5.08$3.88$4.48

Price chart

Chart and quotes by TradingView. Exchange coverage and delays vary.

Open chart on TradingView