Operating Profit Margin
since 2008
Calculation
Philip Morris International Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Net revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 32.85% | = | 100 | × | 11,556) | ÷ | 35,174) |
| Dec 31, 2022 | 38.56% | = | 100 | × | 12,246) | ÷ | 31,762) |
| Dec 31, 2021 | 41.32% | = | 100 | × | 12,975) | ÷ | 31,405) |
| Dec 31, 2020 | 40.66% | = | 100 | × | 11,668) | ÷ | 28,694) |
| Dec 31, 2019 | 35.33% | = | 100 | × | 10,531) | ÷ | 29,805) |
| Dec 31, 2018 | 38.40% | = | 100 | × | 11,377) | ÷ | 29,625) |
| Dec 31, 2017 | 40.01% | = | 100 | × | 11,503) | ÷ | 28,748) |
| Dec 31, 2016 | 40.53% | = | 100 | × | 10,815) | ÷ | 26,685) |
| Dec 31, 2015 | 39.65% | = | 100 | × | 10,623) | ÷ | 26,794) |
| Dec 31, 2014 | 39.31% | = | 100 | × | 11,702) | ÷ | 29,767) |
| Dec 31, 2013 | 43.29% | = | 100 | × | 13,515) | ÷ | 31,217) |
| Dec 31, 2012 | 44.18% | = | 100 | × | 13,863) | ÷ | 31,377) |
| Dec 31, 2011 | 42.90% | = | 100 | × | 13,342) | ÷ | 31,097) |
| Dec 31, 2010 | 41.16% | = | 100 | × | 11,200) | ÷ | 27,208) |
| Dec 31, 2009 | 40.10% | = | 100 | × | 10,040) | ÷ | 25,035) |
| Dec 31, 2008 | 39.87% | = | 100 | × | 10,248) | ÷ | 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., operating profit margin, long-term trends, comparison to competitors
| Philip Morris International Inc. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 32.85% | 47.16% | 24.72% | 13.10% |
| Dec 31, 2022 | 38.56% | 47.49% | 25.37% | 13.33% |
| Dec 31, 2021 | 41.32% | 44.44% | 26.67% | 14.04% |
| Dec 31, 2020 | 40.66% | 41.57% | 27.25% | 14.32% |
| Dec 31, 2019 | 35.33% | 41.12% | 27.06% | 15.32% |
| Dec 31, 2018 | 38.40% | 35.94% | 27.31% | 15.64% |
| Dec 31, 2017 | 40.01% | 37.36% | 21.18% | 16.54% |
| Dec 31, 2016 | 40.53% | 34.04% | 20.61% | 15.58% |
| Dec 31, 2015 | 39.65% | 32.87% | 19.70% | 13.25% |
| Dec 31, 2014 | 39.31% | 31.07% | 21.11% | 14.37% |
| Dec 31, 2013 | 43.29% | 33.04% | 21.83% | 14.61% |
| Dec 31, 2012 | 44.18% | 29.46% | 22.45% | 13.91% |
| Dec 31, 2011 | 42.90% | 25.50% | 21.82% | 14.48% |
| Dec 31, 2010 | 41.16% | 25.56% | 24.06% | 14.41% |
| Dec 31, 2009 | 40.10% | 23.19% | 26.56% | 18.61% |
| Dec 31, 2008 | 39.87% | 25.22% | 26.44% | 16.03% |
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).