stockrowPhilip Morris International Inc.
Philip Morris International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $40.6 billion, up 7.31% from fiscal 2024.
- Revenue
- +5.47%
- EPS
- −4.93%
- Free cash flow
- +21.3%
- Total debt
- −5.03%
Quarter to September 2026, against a year earlier
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Philip Morris International Inc. (PM) Gross margin
Philip Morris International Inc.'s gross margin over the twelve months to 30 September 2026 was 67.7%, up 0.6 percentage points from fiscal 2025 (67.1%). Over the past ten years it has ranged from 23.6% (fiscal 2015) to 68.1% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Tobacco industry median of 25.7% and above the Consumer Defensive sector median of 34.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 67.1% | 2.31 |
| FY2024 | 64.8% | 1.46 |
| FY2023 | 63.4% | (0.75) |
| FY2022 | 64.1% | (3.96) |
| FY2021 | 68.1% | 1.41 |
| FY2020 | 66.7% | 1.92 |
| FY2019 | 64.7% | 1.04 |
| FY2018 | 63.7% | (0.02) |
| FY2017 | 63.7% | (1.10) |
| FY2016 | 64.8% | 41.23 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 68.7% | 0.24 |
| Jun 2026 | 68.4% | 0.37 |
| Mar 2026 | 68.1% | 2.58 |
| Dec 2025 | 65.5% | (2.39) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| BTI British American Tobacco p.l.c. compare | 69.9% |
| PM Philip Morris International Inc. | 67.7% |
| MO Altria Group, Inc. compare | 63.4% |
| TPB Turning Point Brands, Inc. compare | 59.2% |
| RLX RLX Technology Inc. Sponsored ADR compare | 34.9% |
| UVV Universal Corporation compare | 16.5% |
| ISPR Ispire Technology Inc. compare | 12.8% |
| RYM RYTHM, Inc. compare | 0.00% |
| AIIR Air Global PLC compare | — |
| Tobacco industry median | 25.7% |
| Consumer Defensive sector median | 34.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement