Philip Morris International Inc. financials

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PM CIK 0001413329

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:14:33Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 10.66B 10.77B 7.88B 9.73B 11.22B 9.21B
EBITDA 16.89B 15.19B 12.95B 13.32B 13.97B 12.65B
Working Capital -1.06B -2.75B -6.63B -7.72B -1.54B 1.88B
Net Debt 44.70B 42.08B 45.50B 40.53B 23.85B 24.96B
Gross Margin 67.12% 64.81% 63.35% 64.10% 68.06% 66.65%
Operating Margin 36.64% 35.38% 32.85% 38.56% 41.32% 40.66%
Net Margin 27.92% 18.63% 22.21% 28.49% 29.00% 28.08%
Return on Equity (ROE) -113.55% -60.06% -69.60% -101.02% -90.13% -64.10%
Return on Assets (ROA) 16.40% 11.42% 11.96% 14.67% 22.06% 17.98%
Current Ratio 0.9582 0.8802 0.7488 0.7177 0.9201 1.0957
Debt-to-Equity -4.9598 -3.9403 -4.3262 -4.883 -2.8045 -2.5657
Effective Tax Rate 19.72% 24.73% 22.38% 19.29% 21.84% 21.70%
Cash Conversion Ratio 1.078 1.7312 1.178 1.194 1.3138 1.218
Accruals Ratio -0.0128 -0.0835 -0.0213 -0.0285 -0.0692 -0.0392
CapEx Coverage 7.7967 8.4605 6.9674 10.0306 15.9987 16.299
Free Cash Flow Per Share $6.84 $6.92 $5.08 $6.27 $7.20 $5.91

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 22.0937 26.6261 18.741 17.42 16.295 16.0446
P/FCF 23.4342 17.3828 18.5343 16.1502 13.2012 14.0051
FCF Yield 4.27% 5.75% 5.40% 6.19% 7.58% 7.14%
EV / EBITDA 22.6806 19.4838 18.8317 19.0658 16.0475 15.7794
P/S 8.3235 6.7019 5.6418 6.7214 6.3807 6.086

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 40.65B 37.88B 35.17B 31.76B 31.41B 28.69B
Cost of Goods and Services Sold 13.37B 13.33B 12.89B 11.40B 10.03B 9.57B
Gross Profit 27.28B 24.55B 22.28B 20.36B 21.38B 19.13B
Research and Development Expense 756.00M 759.00M 709.00M 642.00M 617.00M 495.00M
Operating Income (Loss) 14.89B 13.40B 11.56B 12.25B 12.97B 11.67B
Income Tax Expense (Benefit) 2.74B 3.02B 2.34B 2.24B 2.67B 2.38B
Net Income (Loss) Attributable to Parent 11.35B 7.06B 7.81B 9.05B 9.11B 8.06B
Earnings Per Share, Basic $7.27 $4.53 $5.02 $5.82 $5.83 $5.16
Weighted Average Number of Shares Outstanding, Basic 1.56B 1.55B 1.55B 1.55B 1.56B 1.56B
Earnings Per Share, Diluted $7.26 $4.52 $5.02 $5.81 $5.83 $5.16
Weighted Average Number of Shares Outstanding, Diluted 1.56B 1.56B 1.55B 1.55B 1.56B 1.56B

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 4.87B 4.22B 3.06B 3.21B 4.50B 7.28B
Assets, Current 24.36B 20.17B 19.75B 19.62B 17.72B 21.49B
Assets 69.19B 61.78B 65.30B 61.68B 41.29B 44.81B
Liabilities, Current 25.43B 22.91B 26.38B 27.34B 19.25B 19.61B
Liabilities 77.21B 71.65B 74.75B 67.99B 49.50B 55.45B
Stockholders' Equity Attributable to Parent -9.99B -11.75B -11.22B -8.96B -10.11B -12.57B

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 12.23B 12.22B 9.20B 10.80B 11.97B 9.81B
Payments to Acquire Property, Plant, and Equipment 1.57B 1.44B 1.32B 1.08B 748.00M 602.00M
Net Cash Provided by (Used in) Investing Activities -3.97B -1.09B -3.60B -15.68B -2.36B -1.15B
Payments for Repurchase of Common Stock — 0 0 209.00M 775.00M 0
Payments of Dividends 8.62B 8.20B 7.96B 7.81B 7.58B 7.36B
Net Cash Provided by (Used in) Financing Activities -8.13B -9.48B -5.58B 3.81B -11.98B -8.50B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

26 concepts 3 units
Unit US$ · 20 concepts
Label Value Period
Costs and Expenses, Related Party 96.00M 2026-01-01 → 2026-03-31
Revenue from Contract with Customer, Excluding Assessed Tax 10.15B 2026-01-01 → 2026-03-31
Excise and Sales Taxes 12.85B 2026-01-01 → 2026-03-31
Cost of Goods and Services Sold 3.24B 2026-01-01 → 2026-03-31
Gross Profit 6.91B 2026-01-01 → 2026-03-31
Amortization of Intangible Assets 251.00M 2026-01-01 → 2026-03-31
Finance Lease, Right-of-Use Asset, Amortization 14.00M 2026-01-01 → 2026-03-31
Restructuring Charges 19.00M 2026-01-01 → 2026-03-31
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) 0 2026-01-01 → 2026-03-31
Restructuring, Settlement and Impairment Provisions 24.00M 2026-01-01 → 2026-03-31
Operating Income (Loss) 3.89B 2026-01-01 → 2026-03-31
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component -5.00M 2026-01-01 → 2026-03-31
Finance Lease, Interest Expense 1.00M 2026-01-01 → 2026-03-31
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 3.66B 2026-01-01 → 2026-03-31
Income (Loss) from Equity Method Investments -403.00M 2026-01-01 → 2026-03-31
Income Tax Expense (Benefit) 676.00M 2026-01-01 → 2026-03-31
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 2.58B 2026-01-01 → 2026-03-31
Net Income (Loss) Attributable to Noncontrolling Interest 144.00M 2026-01-01 → 2026-03-31
Net Income (Loss) Attributable to Parent 2.44B 2026-01-01 → 2026-03-31
Net Income (Loss) Available to Common Stockholders, Basic 2.43B 2026-01-01 → 2026-03-31
Unit shares · 3 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 1.56B 2026-01-01 → 2026-03-31
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 0 2026-01-01 → 2026-03-31
Weighted Average Number of Shares Outstanding, Diluted 1.56B 2026-01-01 → 2026-03-31
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $1.56 2026-01-01 → 2026-03-31
Earnings Per Share, Diluted $1.56 2026-01-01 → 2026-03-31
Common Stock, Dividends, Per Share, Declared $1.47 2026-01-01 → 2026-03-31

Comprehensive Income

15 concepts 1 unit
Unit US$ · 15 concepts
Label Value Period
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax 39.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax 410.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax 22.00M 2026-01-01 → 2026-03-31
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, after Tax 25.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax 94.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax 32.00M 2026-01-01 → 2026-03-31
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2.95B 2026-01-01 → 2026-03-31
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 111.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Net of Tax 475.00M 2026-01-01 → 2026-03-31
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest 3.06B 2026-01-01 → 2026-03-31
OCI, Foreign Currency Transaction and Translation Gain (Loss), Arising During Period, Tax 122.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax 0 2026-01-01 → 2026-03-31
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, Tax 7.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax 18.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax 7.00M 2026-01-01 → 2026-03-31

Balance Sheet

45 concepts 2 units
Unit US$ · 43 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 5.45B as of 2026-03-31
Restricted Cash 20.00M as of 2026-03-31
Accounts Receivable, Allowance for Credit Loss, Current 40.00M as of 2026-03-31
Accounts Receivable, after Allowance for Credit Loss, Current 5.12B as of 2026-03-31
Inventory, Net 11.39B as of 2026-03-31
Other Assets, Current 2.37B as of 2026-03-31
Assets, Current 25.60B as of 2026-03-31
Equity Method Investments 1.00B as of 2026-03-31
Long-term Investments 2.48B as of 2026-03-31
Accounts Receivable, Allowance for Credit Loss, Noncurrent 12.00M as of 2026-03-31
Dividends Payable, Current 2.31B as of 2026-03-31
Long-term Debt and Lease Obligation, Including Current Maturities 46.26B as of 2026-03-31
Goodwill 17.07B as of 2026-03-31
Indefinite-lived Intangible Assets (Excluding Goodwill) 4.71B as of 2026-03-31
Finite-Lived Intangible Assets, Gross 9.16B as of 2026-03-31
Finite-Lived Intangible Assets, Accumulated Amortization 3.36B as of 2026-03-31
Finite-Lived Intangible Assets, Net 5.80B as of 2026-03-31
Intangible Assets, Net (Excluding Goodwill) 10.51B as of 2026-03-31
Other Assets, Noncurrent 3.80B as of 2026-03-31
Deferred Income Tax Assets, Net 1.20B as of 2026-03-31
Restructuring Reserve 102.00M as of 2026-03-31
Assets 68.91B as of 2026-03-31
Accounts Payable, Current 3.93B as of 2026-03-31
Employee-related Liabilities, Current 1.23B as of 2026-03-31
Accrued Income Taxes, Current 1.09B as of 2026-03-31
Sales and Excise Tax Payable, Current 5.11B as of 2026-03-31
Finance Lease, Liability 88.00M as of 2026-03-31
Short-term Debt 5.69B as of 2026-03-31
Long-term Debt and Lease Obligation, Current 2.45B as of 2026-03-31
Liabilities, Current 26.22B as of 2026-03-31
Long-term Debt and Lease Obligation 43.81B as of 2026-03-31
Deferred Income Tax Liabilities, Net 2.01B as of 2026-03-31
Other Liabilities, Noncurrent 1.83B as of 2026-03-31
Liabilities 76.21B as of 2026-03-31
Common Stock, Value, Issued 0 as of 2026-03-31
Additional Paid in Capital, Common Stock 2.43B as of 2026-03-31
Treasury Stock, Value 35.46B as of 2026-03-31
Accumulated Other Comprehensive Income (Loss), Net of Tax -11.79B as of 2026-03-31
Retained Earnings (Accumulated Deficit) 35.54B as of 2026-03-31
Stockholders' Equity Attributable to Parent -9.28B as of 2026-03-31
Stockholders' Equity Attributable to Noncontrolling Interest 1.98B as of 2026-03-31
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -7.30B as of 2026-03-31
Liabilities and Equity 68.91B as of 2026-03-31
Unit shares · 2 concepts
Label Value Period
Common Stock, Shares, Issued 2.11B as of 2026-03-31
Treasury Stock, Common, Shares 550.79M as of 2026-03-31

Cash Flow Statement

29 concepts 1 unit
Unit US$ · 29 concepts
Label Value Period
Depreciation, Depletion and Amortization 510.00M 2026-01-01 → 2026-03-31
Payments for Restructuring 27.00M 2026-01-01 → 2026-03-31
Restructuring Costs and Asset Impairment Charges -3.00M 2026-01-01 → 2026-03-31
Proceeds from Equity Method Investment, Distribution 2.00M 2026-01-01 → 2026-03-31
Deferred Income Tax Expense (Benefit) -67.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Receivables 640.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Inventories 11.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accounts Payable -317.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Income Taxes Payable -171.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Other Operating Assets and Liabilities, Net -482.00M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Operating Activities -399.00M 2026-01-01 → 2026-03-31
Payments to Acquire Property, Plant, and Equipment 353.00M 2026-01-01 → 2026-03-31
Payments to Acquire Debt Securities, Available-for-sale 5.00M 2026-01-01 → 2026-03-31
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale 95.00M 2026-01-01 → 2026-03-31
Payments to Acquire Equity Method Investments 35.00M 2026-01-01 → 2026-03-31
Proceeds from Unsecured Lines of Credit 0 2026-01-01 → 2026-03-31
Payments for (Proceeds from) Other Investing Activities 19.00M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Investing Activities -3.00M 2026-01-01 → 2026-03-31
Proceeds from (Repayments of) Short-term Debt, Maturing in Three Months or Less 4.53B 2026-01-01 → 2026-03-31
Proceeds from Short-term Debt, Maturing in More than Three Months 993.00M 2026-01-01 → 2026-03-31
Repayments of Short-term Debt, Maturing in More than Three Months 0 2026-01-01 → 2026-03-31
Proceeds from Issuance of Long-term Debt 0 2026-01-01 → 2026-03-31
Repayments of Long-term Debt 2.14B 2026-01-01 → 2026-03-31
Payments of Dividends 2.31B 2026-01-01 → 2026-03-31
Proceeds from (Payments for) Other Financing Activities -116.00M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Financing Activities 1.10B 2026-01-01 → 2026-03-31
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents -116.00M 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 578.00M 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.47B as of 2026-03-31

Stockholders' Equity

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders 98.00M 2026-01-01 → 2026-03-31

Notes

53 concepts 4 units
Unit US$ · 50 concepts
Label Value Period
Other Tax Expense (Benefit) -95.00M 2026-01-01 → 2026-03-31
Accrued Marketing Costs, Current 1.30B as of 2026-03-31
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, before Accumulated Depreciation and Amortization 19.45B as of 2026-03-31
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, Accumulated Depreciation and Amortization 11.19B as of 2026-03-31
Other Accrued Liabilities, Current 3.12B as of 2026-03-31
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization 8.26B as of 2026-03-31
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity 1.03B as of 2026-03-31
Derivative Asset, Not Offset, Policy Election Deduction 595.00M as of 2026-03-31
Inventory, Finished Goods, Net of Reserves 6.35B as of 2026-03-31
Inventory, Raw Materials, Net of Reserves 2.47B as of 2026-03-31
Derivative, Gain (Loss) on Derivative, Net 377.00M 2026-01-01 → 2026-03-31
Interest Income (Expense), Nonoperating, Net -237.00M 2026-01-01 → 2026-03-31
Equity Securities, FV-NI, Unrealized Gain (Loss) -433.00M 2026-01-01 → 2026-03-31
Line of Credit Facility, Maximum Borrowing Capacity 6.20B as of 2026-03-31
Restructuring Reserve, Translation and Other Adjustment -5.00M 2026-01-01 → 2026-03-31
Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent 2.34B as of 2026-03-31
Dividends, Common Stock 2.30B 2026-01-01 → 2026-03-31
Participating Securities, Distributed and Undistributed Earnings (Loss), Diluted 7.00M 2026-01-01 → 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year One 1.01B as of 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year Two 1.01B as of 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year Three 1.01B as of 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year Four 1.01B as of 2026-03-31
Finite-Lived Intangible Asset, Expected Amortization, Year Five 1.01B as of 2026-03-31
Guarantor Obligations, Maximum Exposure, Undiscounted 385.00M as of 2026-03-31
Intangible Assets, Gross (Excluding Goodwill) 13.87B as of 2026-03-31
Net Income (Loss) Available to Common Stockholders, Diluted 2.43B 2026-01-01 → 2026-03-31
Derivative Liability, Not Offset, Policy Election Deduction 595.00M as of 2026-03-31
Derivative, Notional Amount 54.18B as of 2026-03-31
Stockholders' Equity before Treasury Stock 26.18B as of 2026-03-31
Defined Benefit Plan, Plan Assets, Contributions by Employer 30.00M 2026-01-01 → 2026-03-31
Derivative Asset, Fair Value, Amount Offset Against Collateral 150.00M as of 2026-03-31
Derivative Liability, Fair Value, Amount Offset Against Collateral 1.00M as of 2026-03-31
Goodwill, Translation and Purchase Accounting Adjustments -195.00M 2026-01-01 → 2026-03-31
Operating Lease, Cost 85.00M 2026-01-01 → 2026-03-31
Goodwill, Impaired, Accumulated Impairment Loss 556.00M as of 2026-03-31
Short-term Lease, Cost 17.00M 2026-01-01 → 2026-03-31
Variable Lease, Cost 9.00M 2026-01-01 → 2026-03-31
Lease, Cost 126.00M 2026-01-01 → 2026-03-31
Accounts Receivable, Sale 2.50B 2026-01-01 → 2026-03-31
Derivative, Collateral, Right to Reclaim Cash 586.00M as of 2026-03-31
Derivative, Collateral, Obligation to Return Cash 311.00M as of 2026-03-31
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year 115.00M as of 2026-03-31
Hedged Liability, Fair Value Hedge 5.10B as of 2026-03-31
Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease) -21.00M as of 2026-03-31
Indefinite-lived Intangible Assets Acquired 0 2026-01-01 → 2026-03-31
Gain (Loss) on Sale of Accounts Receivable -7.00M 2026-01-01 → 2026-03-31
Allowance for Doubtful Other Receivables, Current 24.00M as of 2026-03-31
Other Receivables, Net, Current 1.27B as of 2026-03-31
Derivative Liability, Fair Value, Gross Liability 1.18B as of 2026-03-31
Derivative Asset, Fair Value, Gross Asset 1.06B as of 2026-03-31
Unit shares · 1 concept
Label Value Period
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 1.00M 2026-01-01 → 2026-03-31
Unit pure · 1 concept
Label Value Period
Effective Income Tax Rate Reconciliation, Percent 0.185 2026-01-01 → 2026-03-31
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 3 2026-01-01 → 2026-03-31

Other

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 69.00M 2026-01-01 → 2026-03-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (PM CIK 0001413329), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.