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Philip Morris International Inc. (PM)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenues:  
    Eastern Europe    3,474.03,544.03,540.03,498.03,386.03,378.0
    Other    78,735.078,679.077,384.076,253.073,763.072,669.0
Total revenues   69,620.082,209.082,223.080,924.079,751.077,149.076,047.0
            Revenue growth   [+] -12.7%6.6%8.1%6.0%4.5%-1.7%-2.4%
Cost of goods sold   [+] 10,659.010,364.010,030.09,795.09,615.09,441.09,569.0
Gross profit   58,961.071,845.072,193.071,129.070,136.067,708.066,478.0
            Gross margin   84.7%87.4%87.8%87.9%87.9%87.8%87.4%
Selling, general and administrative   [+]  8,257.08,304.07,944.07,660.07,289.07,384.0
Other operating expenses   39,855.050,475.050,602.049,931.049,477.047,826.047,204.0
EBITDA   [+] 13,359.014,003.014,189.014,172.013,921.013,505.012,798.0
            EBITDA margin   19.2%17.0%17.3%17.5%17.5%17.5%16.8%
Depreciation and amortization   417.0890.0902.0918.0922.0912.0908.0
EBITA   12,942.013,113.013,287.013,254.012,999.012,593.011,890.0
            EBITA margin   18.6%16.0%16.2%16.4%16.3%16.3%15.6%
Amortization of intangibles   97.0116.096.073.073.073.073.0
EBIT   [+] 12,845.012,997.013,191.013,181.012,926.012,520.011,817.0
            EBIT margin   18.5%15.8%16.0%16.3%16.2%16.2%15.5%
Non-recurring items     216.0248.0205.0197.0149.0
Interest expense, net   [+] 580.0615.0628.0646.0655.0656.0618.0
Other income (expense), net   -69.0-91.0-115.0-111.0-107.0-102.0-97.0
Pre-tax income   12,107.012,123.012,232.012,176.011,959.011,565.010,953.0
Income taxes   2,541.02,593.02,671.02,691.02,596.02,478.02,377.0
            Tax rate   21.0%21.4%21.8%22.1%21.7%21.4%21.7%
Minority interest   545.0558.0601.0608.0576.0552.0536.0
Net income   9,083.09,022.09,109.08,992.08,873.08,648.08,056.0
            Net margin   13.0%11.0%11.1%11.1%11.1%11.2%10.6%
   
Basic EPS   [+] $5.84$5.80$5.85$5.77$5.70$5.55$5.17
Diluted EPS   [+] $5.84$5.79$5.84$5.77$5.69$5.55$5.17
   
Dividends per share   [+]$0.00$5.00$4.95$4.90$4.85$4.80$4.77$4.74
   
Shares outstanding (basic)   [+] 1,554.31,556.01,558.01,557.81,557.81,557.81,557.5
Shares outstanding (diluted)   [+] 1,555.81,557.81,559.81,559.51,559.01,558.51,558.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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