Philip Morris International Inc. (PM)PMPhilip Morris International Inc.

Financials

Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	41.493B	10.146B	10.362B	10.845B	10.140B	9.301B	9.706B	9.911B	9.468B
Cost of Goods Sold	13.567B	3.241B	3.560B	3.487B	3.279B	3.040B	3.423B	3.366B	3.345B
Gross Profit	27.926B	6.905B	6.802B	7.358B	6.861B	6.261B	6.283B	6.545B	6.123B
Gross Profit Margin	68.1%	68.1%	65.6%	67.8%	67.7%	67.3%	64.7%	66.0%	64.7%
Total Operating Expenses	12.644B	3.012B	3.429B	3.095B	3.108B	2.717B	3.024B	2.891B	2.679B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	12.489B	2.857B	3.429B	3.095B	3.108B	2.717B	3.024B	2.891B	2.371B
Operating Income (EBIT)	15.282B	3.893B	3.373B	4.263B	3.753B	3.544B	3.259B	3.654B	3.444B
Operating Margin	38.4%	38.4%	32.6%	39.3%	37.0%	38.1%	33.6%	36.9%	36.4%
Income Before Tax (EBT)	14.347B	3.258B	2.925B	4.364B	3.800B	3.496B	2.065B	3.950B	3.262B
Interest Income	—	—	—	—	—	—	620.000M	—	—
Interest Expense	1.583B	237.000M	839.000M	230.000M	277.000M	241.000M	946.000M	189.000M	329.000M
Other Income/Expense	-935.000M	-635.000M	-448.000M	101.000M	47.000M	-48.000M	-1.194B	296.000M	-182.000M
Net Income	11.096B	2.438B	2.141B	3.478B	3.039B	2.690B	-579.000M	3.082B	2.406B
Income Tax Expense	2.754B	676.000M	675.000M	751.000M	652.000M	659.000M	235.000M	735.000M	734.000M
Net Profit Margin	24.0%	24.0%	20.7%	32.1%	30.0%	28.9%	-6.0%	31.1%	25.4%
EBITDA	17.308B	4.403B	3.894B	4.768B	4.243B	4.024B	3.736B	4.152B	3.889B
EBITDA Margin	43.4%	43.4%	37.6%	44.0%	41.8%	43.3%	38.5%	41.9%	41.1%
Depreciation & Amortization	2.026B	510.000M	521.000M	505.000M	490.000M	480.000M	477.000M	498.000M	445.000M
EPS Basic	7.11	1.56	1.37	2.23	1.95	1.72	-0.37	1.98	1.54
EPS Diluted	7.11	1.56	1.37	2.23	1.95	1.72	-0.37	1.97	1.54
Shares Outstanding	1.563B	1.563B	1.557B	1.557B	1.557B	1.554B	1.554B	1.555B	1.555B
Diluted Shares Outstanding	1.563B	1.563B	1.558B	1.558B	1.558B	1.556B	1.556B	1.556B	1.556B

Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	40.648B	37.878B	35.174B	31.762B	31.405B	28.694B	29.805B	29.625B
Cost of Goods Sold	13.366B	13.329B	12.893B	11.402B	10.030B	9.569B	10.513B	10.758B
Gross Profit	27.282B	24.549B	22.281B	20.360B	21.375B	19.125B	19.292B	18.867B
Gross Profit Margin	67.1%	64.8%	63.3%	64.1%	68.1%	66.7%	64.7%	63.7%
Total Operating Expenses	12.349B	11.147B	10.725B	8.114B	8.400B	7.457B	8.761B	7.471B
Research & Development	0.00	759.000M	0.00	0.00	617.000M	495.000M	465.000M	383.000M
Selling, General & Administrative	12.349B	11.147B	10.060B	8.114B	8.400B	7.481B	8.784B	7.449B
Operating Income (EBIT)	14.933B	13.402B	11.556B	12.246B	12.972B	11.720B	10.531B	11.336B
Operating Margin	36.7%	35.4%	32.9%	38.6%	41.3%	40.8%	35.3%	38.3%
Income Before Tax (EBT)	14.585B	12.199B	10.607B	11.771B	12.381B	10.969B	10.021B	10.731B
Interest Income	621.000M	620.000M	465.000M	180.000M	109.000M	110.000M	226.000M	190.000M
Interest Expense	1.587B	1.763B	1.526B	768.000M	737.000M	728.000M	796.000M	855.000M
Other Income/Expense	-348.000M	-1.203B	-949.000M	-475.000M	-591.000M	-751.000M	-510.000M	-605.000M
Net Income	11.348B	7.034B	7.791B	9.048B	9.109B	8.056B	7.185B	7.911B
Income Tax Expense	2.737B	2.380B	2.339B	2.244B	2.671B	2.377B	2.293B	2.445B
Net Profit Margin	27.9%	18.6%	22.1%	28.5%	29.0%	28.1%	24.1%	26.7%
EBITDA	16.929B	15.189B	12.954B	13.323B	13.970B	12.701B	11.495B	12.325B
EBITDA Margin	41.6%	40.1%	36.8%	41.9%	44.5%	44.3%	38.6%	41.6%
Depreciation & Amortization	1.996B	1.787B	1.398B	1.077B	998.000M	981.000M	964.000M	989.000M
EPS Basic	7.27	4.53	5.02	5.82	5.83	5.16	4.61	5.09
EPS Diluted	7.26	4.52	5.02	5.81	5.83	5.16	4.61	5.09
Shares Outstanding	1.556B	1.554B	1.552B	1.550B	1.558B	1.557B	1.555B	1.555B
Diluted Shares Outstanding	1.558B	1.556B	1.553B	1.552B	1.559B	1.558B	1.556B	1.555B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Philip Morris International Inc.

Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.

New York City, NY

83,100 employees

www.pmi.com

Consumer Defensive / Tobacco

Sector: Consumer Defensive
Industry: Tobacco
CEO: Jacek Olczak

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