Philip Morris International Inc. (PM) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue contracted from $55.24B (period ending 2007-12-31) to $40.65B (period ending 2025-12-31) — a -1.7% annual pace across 18 year(s) of filed history.
- Net margin expanded from 10.9% to 27.9% over that same span.
- Across 53 tracked quarters, the strongest was $21.34B (quarter ending 2014-09-30) and the weakest was $6.06B (quarter ending 2017-03-31).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $40.65B | 2025-12-31 | 10-K | 0001628280-26-005939 |
| Gross profit | $27.28B | 2025-12-31 | 10-K | 0001628280-26-005939 |
| Operating income | $14.89B | 2025-12-31 | 10-K | 0001628280-26-005939 |
| Net income | $11.35B | 2025-12-31 | 10-K | 0001628280-26-005939 |
| Diluted EPS | $7.26 | 2025-12-31 | 10-K | 0001628280-26-005939 |
| Total assets | $69.19B | 2025-12-31 | 10-K | 0001628280-26-005939 |
| Total liabilities | $77.21B | 2025-12-31 | 10-K | 0001628280-26-005939 |
| Cash & equivalents | $4.87B | 2025-12-31 | 10-K | 0001628280-26-005939 |
| Operating cash flow | $12.23B | 2025-12-31 | 10-K | 0001628280-26-005939 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $11.19B | 2026-06-30 | 10-Q | 0001628280-26-049493 |
| Gross profit | $7.66B | 2026-06-30 | 10-Q | 0001628280-26-049493 |
| Operating income | $4.53B | 2026-06-30 | 10-Q | 0001628280-26-049493 |
| Net income | $2.82B | 2026-06-30 | 10-Q | 0001628280-26-049493 |
| Diluted EPS | $1.80 | 2026-06-30 | 10-Q | 0001628280-26-049493 |
| Total assets | $68.27B | 2026-06-30 | 10-Q | 0001628280-26-049493 |
| Total liabilities | $74.93B | 2026-06-30 | 10-Q | 0001628280-26-049493 |
| Cash & equivalents | $6.00B | 2026-06-30 | 10-Q | 0001628280-26-049493 |
| Operating cash flow | $-399.0M | 2026-03-31 | 10-Q | 0001628280-26-027019 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Philip Morris International Inc.’s (PM) business scale is substantial, with a revenue of $40.65 billion in 2025, reflecting a diverse global presence in the tobacco industry. The multi-year trajectory reveals a revenue contraction at a -1.7% annual pace over 18 years, starting from $55.24 billion in 2007. Despite this decline in revenue scale, PM has demonstrated an impressive expansion in net margin, growing from 10.9% to 27.9% during the same period.
In terms of business mix, PM’s financials indicate a strong focus on operational efficiency, as evidenced by its gross profit of $27.28 billion and operating income of $14.89 billion in 2025. The company’s net income reached $11.35 billion in the same year, translating to a diluted EPS of $7.26. PM’s asset structure shows total assets of $69.19 billion and total liabilities of $77.21 billion as of 2025-12-31, reflecting a significant financial position. Cash and equivalents stood at $4.87 billion, providing a buffer for operations.
In the most recent quarter (ending 2026-06-30), PM reported revenue of $11.19 billion, gross profit of $7.66 billion, operating income of $4.53 billion, and net income of $2.82 billion, resulting in a diluted EPS of $1.80. Although the company experienced negative operating cash flow of -$399.0 million in the preceding quarter (ending 2026-03-31), it had maintained $6.00 billion in cash and equivalents by the most recent quarter.
Readers should monitor PM’s ability to sustain profitability amidst revenue contraction and its management of liabilities, as well as any potential shifts in market dynamics affecting tobacco consumption. The next filing will likely provide insights into PM’s ongoing efforts to adapt to evolving regulatory environments and consumer preferences while maintaining financial stability.
Source: SEC EDGAR company facts for CIK 0001413329 · filings index