Return on Equity (ROE)
since 2008
Calculation
Philip Morris International Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings attributable to PMI1 | ÷ | Total PMI stockholders’ equity (deficit)1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | — | = | 100 | × | 7,813) | ÷ | (11,225) |
| Dec 31, 2022 | — | = | 100 | × | 9,048) | ÷ | (8,957) |
| Dec 31, 2021 | — | = | 100 | × | 9,109) | ÷ | (10,106) |
| Dec 31, 2020 | — | = | 100 | × | 8,056) | ÷ | (12,567) |
| Dec 31, 2019 | — | = | 100 | × | 7,185) | ÷ | (11,577) |
| Dec 31, 2018 | — | = | 100 | × | 7,911) | ÷ | (12,459) |
| Dec 31, 2017 | — | = | 100 | × | 6,035) | ÷ | (12,086) |
| Dec 31, 2016 | — | = | 100 | × | 6,967) | ÷ | (12,688) |
| Dec 31, 2015 | — | = | 100 | × | 6,873) | ÷ | (13,244) |
| Dec 31, 2014 | — | = | 100 | × | 7,493) | ÷ | (12,629) |
| Dec 31, 2013 | — | = | 100 | × | 8,576) | ÷ | (7,766) |
| Dec 31, 2012 | — | = | 100 | × | 8,800) | ÷ | (3,476) |
| Dec 31, 2011 | 3,751.53% | = | 100 | × | 8,591) | ÷ | 229) |
| Dec 31, 2010 | 207.05% | = | 100 | × | 7,259) | ÷ | 3,506) |
| Dec 31, 2009 | 110.95% | = | 100 | × | 6,342) | ÷ | 5,716) |
| Dec 31, 2008 | 91.87% | = | 100 | × | 6,890) | ÷ | 7,500) |
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., ROE, long-term trends, comparison to competitors
| Philip Morris International Inc. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | — | — | 41.30% | 49.04% |
| Dec 31, 2022 | — | — | 39.59% | 51.96% |
| Dec 31, 2021 | — | — | 42.48% | 47.48% |
| Dec 31, 2020 | — | 157.34% | 40.14% | 52.92% |
| Dec 31, 2019 | — | -20.78% | 46.99% | 49.47% |
| Dec 31, 2018 | — | 47.09% | 37.89% | 86.20% |
| Dec 31, 2017 | — | 66.48% | 7.31% | 44.60% |
| Dec 31, 2016 | — | 111.50% | 28.30% | 57.04% |
| Dec 31, 2015 | — | 181.98% | 28.77% | 45.73% |
| Dec 31, 2014 | — | 168.21% | 23.41% | 37.35% |
| Dec 31, 2013 | — | 110.10% | 25.88% | 27.76% |
| Dec 31, 2012 | — | 131.94% | 27.51% | 27.71% |
| Dec 31, 2011 | 3,751.53% | 92.12% | 27.10% | 31.29% |
| Dec 31, 2010 | 207.05% | 75.21% | 38.09% | 29.86% |
| Dec 31, 2009 | 110.95% | 78.79% | 27.52% | 35.38% |
| Dec 31, 2008 | 91.87% | 174.33% | 28.37% | 42.47% |
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., ROE, long-term trends, comparison to sector (food, beverage & tobacco)
| Philip Morris International Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | — | 120.39% |
| Dec 31, 2022 | — | 117.44% |
| Dec 31, 2021 | — | 106.01% |
| Dec 31, 2020 | — | 118.96% |
| Dec 31, 2019 | — | 77.88% |
| Dec 31, 2018 | — | 99.99% |
| Dec 31, 2017 | — | 71.55% |
| Dec 31, 2016 | — | 99.48% |
| Dec 31, 2015 | — | 91.90% |
| Dec 31, 2014 | — | 68.62% |
| Dec 31, 2013 | — | 52.85% |
| Dec 31, 2012 | — | 51.44% |
| Dec 31, 2011 | 3,751.53% | 48.09% |
| Dec 31, 2010 | 207.05% | 48.13% |
| Dec 31, 2009 | 110.95% | 43.43% |
| Dec 31, 2008 | 91.87% | 53.07% |
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., ROE, long-term trends, comparison to industry (consumer staples)
| Philip Morris International Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | — | 37.72% |
| Dec 31, 2022 | — | 38.84% |
| Dec 31, 2021 | — | 35.60% |
| Dec 31, 2020 | — | 35.51% |
| Dec 31, 2019 | — | 22.58% |
| Dec 31, 2018 | — | 31.36% |
| Dec 31, 2017 | — | 30.31% |
| Dec 31, 2016 | — | 32.66% |
| Dec 31, 2015 | — | 24.91% |
| Dec 31, 2014 | — | 27.07% |
| Dec 31, 2013 | — | 27.21% |
| Dec 31, 2012 | — | 27.00% |
| Dec 31, 2011 | 3,751.53% | 26.89% |
| Dec 31, 2010 | 207.05% | 27.21% |
| Dec 31, 2009 | 110.95% | 25.77% |
| Dec 31, 2008 | 91.87% | 25.66% |
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).