Philip Morris International Inc. (PM) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, prima...
Philip Morris International Inc.'s revenue increased 7.3% year over year, from $37.88B to $40.65B.
Net income increased 60.8% over the same period, from $7.06B to $11.35B.
Over the 9-year period from FY2016 to FY2025, revenue declined by 46% in total.
Total debt increased by 7.1% to $45.30B.
Operating cash flow grew 0.1% to $12.23B.
Philip Morris International Inc. maintains a strong net profit margin of 27.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $9.91B+4.7% | $3.08B | $6.54B | $3.65B | $3.34B | $66.89B | $44.39B | $-9.69B |
| Q4 FY2024 | $9.71B-2.1% | $-579.0M | $6.28B | $3.26B | $4.00B | $61.78B | $42.30B | $-11.75B |
| Q1 FY2025 | $9.30B-4.2% | $2.69B | $6.26B | $3.54B | $-350.0M | $65.08B | $43.22B | $-10.90B |
| Q2 FY2025 | $10.14B+9.0% | $3.04B | $6.86B | $3.71B | $3.41B | $68.51B | $44.97B | $-11.97B |
| Q3 FY2025 | $10.85B+7.0% | $3.48B | $7.36B | $4.26B | $4.46B | $67.06B | $43.74B | $-10.91B |
| Q4 FY2025 | $10.36B-4.5% | $2.14B | $6.80B | $3.37B | $4.71B | $69.19B | $45.30B | $-9.99B |
| Q1 FY2026 | $10.15B-2.1% | $2.44B | $6.91B | $3.89B | $-399.0M | $68.91B | $51.98B | $-7.30B |
| Q2 FY2026 | $11.19B+10.3% | $2.82B | $7.66B | $4.53B | $5.49B | $68.27B | $49.14B | $-6.66B |
Balance Sheet Summary (Q2 FY2026)
Philip Morris International Inc. (PM) Financial Statements & Revenue History
Philip Morris International Inc. (PM) is a US-listed stock operating in the Consumer Defensive sector, specifically the Cigarettes industry trading at $205.44 with a market capitalization of $320. This page provides 42 historical financial statements for Philip Morris International Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Philip Morris International Inc. reported revenue of $40.6 billion, representing 7.3% year-over-year growth. The net profit margin of 27.9% reflects strong profitability..
PM Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Philip Morris International Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether PM is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track PM's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Philip Morris International Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of PM's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use PM Financial Data
Investors use Philip Morris International Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare PM's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how PM's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View PM's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Philip Morris International Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.PM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.