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) Operating margin
Philip Morris International Inc.'s operating margin over the twelve months to 30 September 2026 was 38.6%, up 2.0 percentage points from fiscal 2025 (36.6%). Over the past ten years it has ranged from 14.4% (fiscal 2015) to 41.3% (fiscal 2021); the current reading is higher than 45% of that period. That is above the Tobacco industry median of 0.00% and above the Consumer Defensive sector median of 1.70%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 36.6% | 1.26 |
| FY2024 | 35.4% | 2.53 |
| FY2023 | 32.9% | (5.71) |
| FY2022 | 38.6% | (2.76) |
| FY2021 | 41.3% | 0.66 |
| FY2020 | 40.7% | 5.33 |
| FY2019 | 35.3% | (3.07) |
| FY2018 | 38.4% | (1.88) |
| FY2017 | 40.3% | (0.58) |
| FY2016 | 40.9% | 26.49 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 42.5% | 2.06 |
| Jun 2026 | 40.5% | 2.11 |
| Mar 2026 | 38.4% | 5.82 |
| Dec 2025 | 32.6% | (6.76) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| MO Altria Group, Inc. compare | 47.0% |
| PM Philip Morris International Inc. | 38.6% |
| TPB Turning Point Brands, Inc. compare | 14.8% |
| RLX RLX Technology Inc. Sponsored ADR compare | 13.0% |
| UVV Universal Corporation compare | 4.11% |
| RYM RYTHM, Inc. compare | 0.00% |
| AIIR Air Global PLC compare | 0.00% |
| BTI British American Tobacco p.l.c. compare | 0.00% |
| ISPR Ispire Technology Inc. compare | −34.0% |
| Tobacco industry median | 0.00% |
| Consumer Defensive sector median | 1.70% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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