Total Asset Turnover
since 2008
Calculation
Philip Morris International Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Net revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.54 | = | 35,174) | ÷ | 65,304) |
| Dec 31, 2022 | 0.51 | = | 31,762) | ÷ | 61,681) |
| Dec 31, 2021 | 0.76 | = | 31,405) | ÷ | 41,290) |
| Dec 31, 2020 | 0.64 | = | 28,694) | ÷ | 44,815) |
| Dec 31, 2019 | 0.70 | = | 29,805) | ÷ | 42,875) |
| Dec 31, 2018 | 0.74 | = | 29,625) | ÷ | 39,801) |
| Dec 31, 2017 | 0.67 | = | 28,748) | ÷ | 42,968) |
| Dec 31, 2016 | 0.72 | = | 26,685) | ÷ | 36,851) |
| Dec 31, 2015 | 0.79 | = | 26,794) | ÷ | 33,956) |
| Dec 31, 2014 | 0.85 | = | 29,767) | ÷ | 35,187) |
| Dec 31, 2013 | 0.82 | = | 31,217) | ÷ | 38,168) |
| Dec 31, 2012 | 0.83 | = | 31,377) | ÷ | 37,670) |
| Dec 31, 2011 | 0.88 | = | 31,097) | ÷ | 35,488) |
| Dec 31, 2010 | 0.78 | = | 27,208) | ÷ | 35,050) |
| Dec 31, 2009 | 0.72 | = | 25,035) | ÷ | 34,552) |
| Dec 31, 2008 | 0.78 | = | 25,705) | ÷ | 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., total asset turnover, long-term trends, comparison to competitors
| Philip Morris International Inc. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 0.54 | 0.63 | 0.47 | 0.91 |
| Dec 31, 2022 | 0.51 | 0.68 | 0.46 | 0.94 |
| Dec 31, 2021 | 0.76 | 0.66 | 0.41 | 0.86 |
| Dec 31, 2020 | 0.64 | 0.55 | 0.38 | 0.76 |
| Dec 31, 2019 | 0.70 | 0.51 | 0.43 | 0.86 |
| Dec 31, 2018 | 0.74 | 0.46 | 0.38 | 0.83 |
| Dec 31, 2017 | 0.67 | 0.59 | 0.40 | 0.80 |
| Dec 31, 2016 | 0.72 | 0.56 | 0.48 | 0.85 |
| Dec 31, 2015 | 0.79 | 0.78 | 0.49 | 0.91 |
| Dec 31, 2014 | 0.85 | 0.71 | 0.50 | 0.95 |
| Dec 31, 2013 | 0.82 | 0.70 | 0.52 | 0.86 |
| Dec 31, 2012 | 0.83 | 0.70 | 0.56 | 0.88 |
| Dec 31, 2011 | 0.88 | 0.64 | 0.58 | 0.91 |
| Dec 31, 2010 | 0.78 | 0.65 | 0.48 | 0.85 |
| Dec 31, 2009 | 0.72 | 0.64 | 0.64 | 1.08 |
| Dec 31, 2008 | 0.78 | 0.71 | 0.79 | 1.20 |
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., total asset turnover, long-term trends, comparison to sector (food, beverage & tobacco)
| Philip Morris International Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 0.54 | 0.65 |
| Dec 31, 2022 | 0.51 | 0.66 |
| Dec 31, 2021 | 0.76 | 0.66 |
| Dec 31, 2020 | 0.64 | 0.58 |
| Dec 31, 2019 | 0.70 | 0.62 |
| Dec 31, 2018 | 0.74 | 0.59 |
| Dec 31, 2017 | 0.67 | 0.60 |
| Dec 31, 2016 | 0.72 | 0.64 |
| Dec 31, 2015 | 0.79 | 0.71 |
| Dec 31, 2014 | 0.85 | 0.72 |
| Dec 31, 2013 | 0.82 | 0.70 |
| Dec 31, 2012 | 0.83 | 0.72 |
| Dec 31, 2011 | 0.88 | 0.75 |
| Dec 31, 2010 | 0.78 | 0.68 |
| Dec 31, 2009 | 0.72 | 0.77 |
| Dec 31, 2008 | 0.78 | 0.88 |
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., total asset turnover, long-term trends, comparison to industry (consumer staples)
| Philip Morris International Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 0.54 | 1.55 |
| Dec 31, 2022 | 0.51 | 1.51 |
| Dec 31, 2021 | 0.76 | 1.45 |
| Dec 31, 2020 | 0.64 | 1.35 |
| Dec 31, 2019 | 0.70 | 1.43 |
| Dec 31, 2018 | 0.74 | 1.41 |
| Dec 31, 2017 | 0.67 | 1.39 |
| Dec 31, 2016 | 0.72 | 1.39 |
| Dec 31, 2015 | 0.79 | 1.43 |
| Dec 31, 2014 | 0.85 | 1.38 |
| Dec 31, 2013 | 0.82 | 1.35 |
| Dec 31, 2012 | 0.83 | 1.36 |
| Dec 31, 2011 | 0.88 | 1.34 |
| Dec 31, 2010 | 0.78 | 1.32 |
| Dec 31, 2009 | 0.72 | 1.40 |
| Dec 31, 2008 | 0.78 | 1.40 |
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).