Net Profit Margin
since 2008
Calculation
Philip Morris International Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net earnings attributable to PMI1 | ÷ | Net revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 22.21% | = | 100 | × | 7,813) | ÷ | 35,174) |
| Dec 31, 2022 | 28.49% | = | 100 | × | 9,048) | ÷ | 31,762) |
| Dec 31, 2021 | 29.00% | = | 100 | × | 9,109) | ÷ | 31,405) |
| Dec 31, 2020 | 28.08% | = | 100 | × | 8,056) | ÷ | 28,694) |
| Dec 31, 2019 | 24.11% | = | 100 | × | 7,185) | ÷ | 29,805) |
| Dec 31, 2018 | 26.70% | = | 100 | × | 7,911) | ÷ | 29,625) |
| Dec 31, 2017 | 20.99% | = | 100 | × | 6,035) | ÷ | 28,748) |
| Dec 31, 2016 | 26.11% | = | 100 | × | 6,967) | ÷ | 26,685) |
| Dec 31, 2015 | 25.65% | = | 100 | × | 6,873) | ÷ | 26,794) |
| Dec 31, 2014 | 25.17% | = | 100 | × | 7,493) | ÷ | 29,767) |
| Dec 31, 2013 | 27.47% | = | 100 | × | 8,576) | ÷ | 31,217) |
| Dec 31, 2012 | 28.05% | = | 100 | × | 8,800) | ÷ | 31,377) |
| Dec 31, 2011 | 27.63% | = | 100 | × | 8,591) | ÷ | 31,097) |
| Dec 31, 2010 | 26.68% | = | 100 | × | 7,259) | ÷ | 27,208) |
| Dec 31, 2009 | 25.33% | = | 100 | × | 6,342) | ÷ | 25,035) |
| Dec 31, 2008 | 26.80% | = | 100 | × | 6,890) | ÷ | 25,705) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
1 US$ in millions
Comparison to Competitors
Philip Morris International Inc., net profit margin, long-term trends, comparison to competitors
| Philip Morris International Inc. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 22.21% | 33.21% | 23.42% | 9.92% |
| Dec 31, 2022 | 28.49% | 22.97% | 22.19% | 10.31% |
| Dec 31, 2021 | 29.00% | 9.51% | 25.28% | 9.59% |
| Dec 31, 2020 | 28.08% | 17.08% | 23.47% | 10.12% |
| Dec 31, 2019 | 24.11% | -5.15% | 23.94% | 10.89% |
| Dec 31, 2018 | 26.70% | 27.45% | 20.20% | 19.35% |
| Dec 31, 2017 | 20.99% | 39.97% | 3.52% | 7.65% |
| Dec 31, 2016 | 26.11% | 55.31% | 15.59% | 10.08% |
| Dec 31, 2015 | 25.65% | 20.61% | 16.60% | 8.65% |
| Dec 31, 2014 | 25.17% | 20.68% | 15.43% | 9.77% |
| Dec 31, 2013 | 27.47% | 18.54% | 18.32% | 10.15% |
| Dec 31, 2012 | 28.05% | 16.98% | 18.78% | 9.43% |
| Dec 31, 2011 | 27.63% | 14.24% | 18.42% | 9.69% |
| Dec 31, 2010 | 26.68% | 16.03% | 33.63% | 10.93% |
| Dec 31, 2009 | 25.33% | 13.61% | 22.02% | 13.75% |
| Dec 31, 2008 | 26.80% | 25.47% | 18.18% | 11.89% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Philip Morris International Inc., net profit margin, long-term trends, comparison to sector (food, beverage & tobacco)
| Philip Morris International Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 22.21% | 18.15% |
| Dec 31, 2022 | 28.49% | 17.86% |
| Dec 31, 2021 | 29.00% | 16.50% |
| Dec 31, 2020 | 28.08% | 17.31% |
| Dec 31, 2019 | 24.11% | 13.89% |
| Dec 31, 2018 | 26.70% | 22.32% |
| Dec 31, 2017 | 20.99% | 14.59% |
| Dec 31, 2016 | 26.11% | 21.68% |
| Dec 31, 2015 | 25.65% | 15.61% |
| Dec 31, 2014 | 25.17% | 15.68% |
| Dec 31, 2013 | 27.47% | 16.83% |
| Dec 31, 2012 | 28.05% | 16.62% |
| Dec 31, 2011 | 27.63% | 16.07% |
| Dec 31, 2010 | 26.68% | 20.27% |
| Dec 31, 2009 | 25.33% | 18.17% |
| Dec 31, 2008 | 26.80% | 18.93% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
Comparison to Industry (Consumer Staples)
Philip Morris International Inc., net profit margin, long-term trends, comparison to industry (consumer staples)
| Philip Morris International Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 22.21% | 5.80% |
| Dec 31, 2022 | 28.49% | 6.43% |
| Dec 31, 2021 | 29.00% | 6.12% |
| Dec 31, 2020 | 28.08% | 6.32% |
| Dec 31, 2019 | 24.11% | 4.14% |
| Dec 31, 2018 | 26.70% | 6.44% |
| Dec 31, 2017 | 20.99% | 6.32% |
| Dec 31, 2016 | 26.11% | 7.26% |
| Dec 31, 2015 | 25.65% | 5.43% |
| Dec 31, 2014 | 25.17% | 6.38% |
| Dec 31, 2013 | 27.47% | 6.89% |
| Dec 31, 2012 | 28.05% | 6.84% |
| Dec 31, 2011 | 27.63% | 7.21% |
| Dec 31, 2010 | 26.68% | 7.76% |
| Dec 31, 2009 | 25.33% | 7.13% |
| Dec 31, 2008 | 26.80% | 7.28% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).