← Philip Morris International Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $75.0b $78.1b $29.6b $29.8b $28.7b $31.4b $31.8b $35.2b $37.9b $40.6b
Revenue from Contract with Customer, Including Assessed Tax — — $79.8b $77.9b $76.0b $82.2b $80.7b — — —
Cost of Revenue $9.4b $10.4b $10.8b $10.5b $9.6b $10.0b $11.4b $12.9b $13.3b $13.4b
Gross Profit $17.3b $18.3b $18.9b $19.3b $19.1b $21.4b $20.4b $22.3b $24.5b $27.3b
Operating expenses:
Operating Income (Loss) $10.8b $11.5b $11.4b $10.5b $11.7b $13.0b $12.2b $11.6b $13.4b $14.9b
Additional Financial Items
Amortization of Intangible Assets $74.0m $88.0m $82.0m $66.0m $73.0m $96.0m — $497.0m $835.0m $1.0b
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — — $2.3b $0
Foreign Currency Transaction Gain (Loss), before Tax ($272.0m) ($49.0m) ($21.0m) $95.0m ($90.0m) ($45.0m) ($199.0m) ($305.0m) ($302.0m) ($178.0m)
Goodwill, Impairment Loss — — — — — — — $665.0m $0 $41.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — $870.0m
Income (Loss) from Equity Method Investments $94.0m $59.0m — — — — — $157.0m $637.0m $705.0m
Investment Income, Interest $178.0m $182.0m $190.0m $226.0m $110.0m $109.0m $180.0m $465.0m $620.0m $621.0m
Net Income (Loss) Attributable to Parent $7.0b $6.0b $7.9b $7.2b $8.1b $9.1b $9.0b $7.8b $7.1b $11.3b
Net Income (Loss) Available to Common Stockholders, Basic — — — — — $9.1b $9.0b $7.8b $7.0b $11.3b
Net Income (Loss) Attributable to Noncontrolling Interest $283.0m $306.0m $375.0m $543.0m $536.0m $601.0m $479.0m $455.0m $446.0m $500.0m
Earnings Per Share, Basic $4.48 $3.88 $5.08 $4.61 $5.16 $5.83 $5.82 $5.02 $4.53 $7.27
Earnings Per Share, Diluted $4.48 $3.88 $5.08 $4.61 $5.16 $5.83 $5.81 $5.02 $4.52 $7.26
Common Stock, Dividends, Per Share, Declared $4.12 $4.22 $4.49 $4.62 $4.74 $4.90 $5.04 $5.14 $5.30 $5.64
Weighted Average Number of Shares Outstanding, Basic — 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b
Weighted Average Number of Shares Outstanding, Diluted — 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b
General and Administrative Expense $161.0m $164.0m — — — — — — — —
Interest Expense $1.1b $1.1b $855.0m $796.0m $728.0m $737.0m $768.0m $1.5b — —
Interest Expense (non-operating) — — — — — — — — $1.8b $1.6b
Current Income Tax Expense (Benefit) — — — — — — — — — $3.6b
Research and Development Expense $429.0m $453.0m $383.0m $465.0m $495.0m $617.0m $642.0m $709.0m $759.0m $756.0m
Restructuring and Related Cost, Incurred Cost — — — — — $216.0m — $109.0m — —
Income Tax Expense (Benefit) $2.8b $4.3b $2.4b $2.3b $2.4b $2.7b $2.2b $2.3b $3.0b $2.7b
Interest Income (Expense), Net ($891.0m) ($914.0m) ($665.0m) ($570.0m) ($618.0m) ($628.0m) ($588.0m) ($1.1b) — —
Interest Income (Expense), Nonoperating, Net — — — — — — — — ($1.1b) ($966.0m)
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component — — $41.0m $89.0m $97.0m $115.0m $24.0m $45.0m $60.0m $46.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.