Philip Morris International

PM · NYSE · USD

$187.97−1.49%−$2.85

Close · October 1, 2026

At a glance

Revenue growth: +7.31%; 2025 vs 2024
Net income growth: +60.80%; 2025 vs 2024
Net margin: 27.9%; 2024: 18.6%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	40,648	37,878	35,174	31,762	31,405	28,694	29,805	29,625	28,748	26,685
Cost of revenue	13,366	13,329	12,893	11,103	10,030	9,569	10,513	10,758	10,432	9,391
Gross profit	27,282	24,549	22,281	20,659	21,375	19,125	19,292	18,867	18,316	17,294
Selling, general and administrative	10,556	11,334	9,051	7,851	8,299	7,405	8,168	7,449	6,725	6,405
Operating income	16,726	13,215	13,230	12,808	13,076	11,720	11,058	11,336	11,503	10,815
EBIT	16,726	13,215	13,230	12,808	13,076	11,720	11,058	11,336	11,503	10,815
EBITDA	18,722	15,002	14,628	13,885	14,074	12,701	12,022	12,325	12,378	11,558
Interest expense	1,587	1,763	1,526	768	737	728	796	855	1,096	1,069
Pre-tax income	14,585	10,520	10,607	11,771	12,381	10,969	10,021	10,731	10,648	10,018
Income tax	2,737	3,017	2,339	2,244	2,671	2,377	2,293	2,445	4,307	2,768
Net income	11,348	7,057	7,813	9,048	9,109	8,056	7,185	7,911	6,035	6,967
Net income to common shareholders	11,316	7,034	7,791	9,024	9,083	8,036	7,168	7,895	6,021	6,948
Basic EPS	7.27	4.53	5.02	5.82	5.83	5.16	4.61	5.08	3.88	4.48
Diluted EPS	7.26	4.52	5.02	5.81	5.83	5.16	4.61	5.08	3.88	4.48
Average shares (basic)	1,556	1,554	1,552	1,550	1,558	1,557	1,555	1,555	1,552	1,551
Average shares (diluted)	1,558	1,556	1,553	1,552	1,559	1,558	1,556	1,555	1,553	1,551
Dividend per share	5.64	5.30	5.14	5.04	4.90	4.74	4.62	4.49	4.22	4.12