Philip Morris International Inc. (PM)
Consumer Defensive · Tobacco · NYSE
Philip Morris International Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.68B | $28.75B | $29.63B | $29.80B | $28.69B | $31.41B | $31.76B | $35.17B | $37.88B | $40.65B |
| Gross profit | $17.29B | $18.32B | $18.87B | $19.29B | $19.13B | $21.38B | $20.36B | $22.28B | $24.55B | $27.28B |
| Net income | $6.97B | $6.04B | $7.91B | $7.18B | $8.06B | $9.11B | $9.05B | $7.81B | $7.06B | $11.35B |
| Net margin | 26.1% | 21.0% | 26.7% | 24.1% | 28.1% | 29.0% | 28.5% | 22.2% | 18.6% | 27.9% |
Source: Philip Morris International Inc. SEC filings (10-K). 19 years of history available in the interactive view.
What growth is priced into PM stock?
At today's market cap of $278.19B, Philip Morris International Inc. is priced for free-cash-flow growth of about 11.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $10.66B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 3%/yr over the last five fiscal years and revenue 7.2%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Philip Morris International Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freePhilip Morris International Inc. financial history by metric
About Philip Morris International Inc.
Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.
Philip Morris International Inc. — frequently asked questions
What is Philip Morris International Inc.'s revenue?
Philip Morris International Inc. (PM) reported revenue of $40.65B for fiscal year 2025, up 7.3% from the prior year, according to its SEC filings.
Is Philip Morris International Inc. profitable?
Yes. PM earned net income of $11.35B in fiscal 2025, a net margin of 27.9%.
What is PM's P/E ratio?
Philip Morris International Inc. trades at a price-to-earnings ratio of about 25.1 based on the latest data in our nightly-refreshed cache.
How fast is Philip Morris International Inc. growing?
PM's revenue grew at roughly 7.2% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Philip Morris International Inc. have?
As of fiscal year 2025, PM carried roughly $168.00M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Philip Morris International Inc.'s gross margin?
PM's gross margin was 67.1% in fiscal 2025 — gross profit of $27.28B on revenue of $40.65B.
What is Philip Morris International Inc.'s market cap?
Philip Morris International Inc. (PM) has a market capitalization of about $278.19B, based on the latest data in our nightly-refreshed cache.
When does Philip Morris International Inc.'s fiscal year end?
PM's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into PM stock?
At today's market cap of $278.19B, Philip Morris International Inc. is priced for free-cash-flow growth of about 11.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $10.66B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 3%/yr over the last five fiscal years and revenue 7.2%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Philip Morris International Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.