Philip Morris International Inc.

PM
Cigarettes
Last filing · Quarter 3 · Sep 30, 2026
Financial Statements Ratios
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Statement
Income StatementBalance SheetCash Flow
Period
Annual Quarterly
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Philip Morris International Inc. back to 2009, every line as filed.

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USD ($)
$ in Millions 		Sep 30, 2026Jun 30, 2026Mar 31, 2026Sep 30, 2025Jun 30, 2025Mar 31, 2025Sep 30, 2024Jun 30, 2024Mar 31, 2024Sep 30, 2023Jun 30, 2023Mar 31, 2023Sep 30, 2022Jun 30, 2022Mar 31, 2022Sep 30, 2021Jun 30, 2021Mar 31, 2021Sep 30, 2020Jun 30, 2020Mar 31, 2020Sep 30, 2019Jun 30, 2019Mar 31, 2019Sep 30, 2018Jun 30, 2018Mar 31, 2018Sep 30, 2017Jun 30, 2017Mar 31, 2017Sep 30, 2016Jun 30, 2016Mar 31, 2016Sep 30, 2015Jun 30, 2015Mar 31, 2015Sep 30, 2014Jun 30, 2014Mar 31, 2014Sep 30, 2013Jun 30, 2013Mar 31, 2013Sep 30, 2012Jun 30, 2012Mar 31, 2012Sep 30, 2011Jun 30, 2011Mar 31, 2011Sep 30, 2010Mar 31, 2010Sep 30, 2009
Revenues including excise taxes (includes $1,845 in 2023 and $1,629 in 2022 from related parties)
-
-
-
-
-
-
-
-
-
-
-
$ 19,318
Excise taxes on products
-
-
-
-
-
-
-
-
-
-
-
11,299
Net revenues (Note 13)
11,438
11,192
10,146
10,845
10,140
9,301
9,911
9,468
8,793
9,141
8,967
8,019
Cost of sales (Note 1)
3,584
3,533
3,241
3,487
3,279
3,040
3,366
3,345
3,195
3,165
3,228
3,038
Gross profit
7,854
7,659
6,905
7,358
6,861
6,261
6,545
6,123
5,598
5,976
5,739
4,981
Marketing, administration and research costs (Notes 1 & 15)
2,993
2,981
2,857
3,095
3,108
2,717
2,891
2,679
2,553
2,606
3,173
2,250
Impairment of goodwill (Note 5)
0
0
-
-
41
-
-
0
-
-
-
-
Corporate expenses and other (Note 1)
(5)
148
155
-
-
-
-
-
-
-
-
-
Asset impairment and exit costs (Note 2)
-
-
-
-
-
-
-
-
-
-
-
-
Amortization of intangibles
-
-
-
-
-
-
-
-
-
-
-
-
Operating income
4,866
4,530
3,893
4,263
3,712
3,544
3,654
3,444
3,045
3,370
2,566
2,731
Interest expense, net
199
243
237
230
277
241
189
329
299
261
297
230
Pension and other employee benefit costs (Note 4)
73
(5)
(5)
14
11
12
15
14
15
8
6
22
Pension and other employee benefit costs
-
-
-
-
-
-
-
-
-
-
-
-
Earnings before income taxes
4,594
4,292
3,661
4,019
3,424
3,291
3,450
3,101
2,731
3,101
2,263
2,479
Provision for income taxes
986
955
676
751
652
659
735
734
676
1,031
560
428
Impairment related to the RBH equity investment (Note 13)
-
511
-
-
-
-
-
-
-
-
-
-
Equity investments and securities (income)/loss, net (Note 13)
86
(159)
403
(345)
(376)
(205)
(500)
(161)
(191)
(101)
-
-
Equity investments and securities (income)/loss, net
-
-
-
-
-
-
-
-
-
-
21
(51)
Net earnings
3,522
2,985
2,582
3,613
3,148
2,837
3,215
2,528
2,246
2,171
1,682
2,102
Net earnings attributable to noncontrolling interests
209
168
144
135
109
147
133
122
98
117
114
107
Net earnings attributable to PMI
$ 3,313
$ 2,817
$ 2,438
$ 3,478
$ 3,039
$ 2,690
$ 3,082
$ 2,406
$ 2,148
$ 2,054
$ 1,568
$ 1,995
Per share data (Note 7):
                                                   
Basic earnings per share (in dollars per share)
$ 2.12
$ 1.80
$ 1.56
$ 2.23
$ 1.95
$ 1.72
$ 1.98
$ 1.54
$ 1.38
$ 1.32
$ 1.01
$ 1.28
Diluted earnings per share (in dollars per share)
2.12
1.80
1.56
2.23
1.95
1.72
1.97
1.54
1.38
1.32
1.01
1.28
Dividends declared (in dollars per share)
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-
-
-
-
-
-
-
-
-
-
-