Return on Assets (ROA)
since 2008
Calculation
Philip Morris International Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net earnings attributable to PMI1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.96% | = | 100 | × | 7,813) | ÷ | 65,304) |
| Dec 31, 2022 | 14.67% | = | 100 | × | 9,048) | ÷ | 61,681) |
| Dec 31, 2021 | 22.06% | = | 100 | × | 9,109) | ÷ | 41,290) |
| Dec 31, 2020 | 17.98% | = | 100 | × | 8,056) | ÷ | 44,815) |
| Dec 31, 2019 | 16.76% | = | 100 | × | 7,185) | ÷ | 42,875) |
| Dec 31, 2018 | 19.88% | = | 100 | × | 7,911) | ÷ | 39,801) |
| Dec 31, 2017 | 14.05% | = | 100 | × | 6,035) | ÷ | 42,968) |
| Dec 31, 2016 | 18.91% | = | 100 | × | 6,967) | ÷ | 36,851) |
| Dec 31, 2015 | 20.24% | = | 100 | × | 6,873) | ÷ | 33,956) |
| Dec 31, 2014 | 21.29% | = | 100 | × | 7,493) | ÷ | 35,187) |
| Dec 31, 2013 | 22.47% | = | 100 | × | 8,576) | ÷ | 38,168) |
| Dec 31, 2012 | 23.36% | = | 100 | × | 8,800) | ÷ | 37,670) |
| Dec 31, 2011 | 24.21% | = | 100 | × | 8,591) | ÷ | 35,488) |
| Dec 31, 2010 | 20.71% | = | 100 | × | 7,259) | ÷ | 35,050) |
| Dec 31, 2009 | 18.35% | = | 100 | × | 6,342) | ÷ | 34,552) |
| Dec 31, 2008 | 20.90% | = | 100 | × | 6,890) | ÷ | 32,972) |
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., ROA, long-term trends, comparison to competitors
| Philip Morris International Inc. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 11.96% | 21.08% | 10.97% | 9.03% |
| Dec 31, 2022 | 14.67% | 15.60% | 10.29% | 9.67% |
| Dec 31, 2021 | 22.06% | 6.26% | 10.36% | 8.25% |
| Dec 31, 2020 | 17.98% | 9.42% | 8.87% | 7.66% |
| Dec 31, 2019 | 16.76% | -2.62% | 10.33% | 9.31% |
| Dec 31, 2018 | 19.88% | 12.51% | 7.73% | 16.12% |
| Dec 31, 2017 | 14.05% | 23.66% | 1.42% | 6.09% |
| Dec 31, 2016 | 18.91% | 31.00% | 7.48% | 8.54% |
| Dec 31, 2015 | 20.24% | 16.11% | 8.16% | 7.83% |
| Dec 31, 2014 | 21.29% | 14.71% | 7.71% | 9.24% |
| Dec 31, 2013 | 22.47% | 13.01% | 9.53% | 8.70% |
| Dec 31, 2012 | 23.36% | 11.83% | 10.47% | 8.28% |
| Dec 31, 2011 | 24.21% | 9.17% | 10.72% | 8.84% |
| Dec 31, 2010 | 20.71% | 10.44% | 16.19% | 9.27% |
| Dec 31, 2009 | 18.35% | 8.74% | 14.02% | 14.92% |
| Dec 31, 2008 | 20.90% | 18.12% | 14.33% | 14.29% |
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., ROA, long-term trends, comparison to sector (food, beverage & tobacco)
| Philip Morris International Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 11.96% | 11.83% |
| Dec 31, 2022 | 14.67% | 11.73% |
| Dec 31, 2021 | 22.06% | 10.83% |
| Dec 31, 2020 | 17.98% | 10.05% |
| Dec 31, 2019 | 16.76% | 8.61% |
| Dec 31, 2018 | 19.88% | 13.20% |
| Dec 31, 2017 | 14.05% | 8.81% |
| Dec 31, 2016 | 18.91% | 13.95% |
| Dec 31, 2015 | 20.24% | 11.01% |
| Dec 31, 2014 | 21.29% | 11.27% |
| Dec 31, 2013 | 22.47% | 11.82% |
| Dec 31, 2012 | 23.36% | 12.05% |
| Dec 31, 2011 | 24.21% | 11.98% |
| Dec 31, 2010 | 20.71% | 13.72% |
| Dec 31, 2009 | 18.35% | 13.97% |
| Dec 31, 2008 | 20.90% | 16.66% |
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., ROA, long-term trends, comparison to industry (consumer staples)
| Philip Morris International Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 11.96% | 9.00% |
| Dec 31, 2022 | 14.67% | 9.73% |
| Dec 31, 2021 | 22.06% | 8.87% |
| Dec 31, 2020 | 17.98% | 8.56% |
| Dec 31, 2019 | 16.76% | 5.91% |
| Dec 31, 2018 | 19.88% | 9.09% |
| Dec 31, 2017 | 14.05% | 8.81% |
| Dec 31, 2016 | 18.91% | 10.09% |
| Dec 31, 2015 | 20.24% | 7.76% |
| Dec 31, 2014 | 21.29% | 8.79% |
| Dec 31, 2013 | 22.47% | 9.34% |
| Dec 31, 2012 | 23.36% | 9.34% |
| Dec 31, 2011 | 24.21% | 9.64% |
| Dec 31, 2010 | 20.71% | 10.26% |
| Dec 31, 2009 | 18.35% | 10.01% |
| Dec 31, 2008 | 20.90% | 10.15% |
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).