Stock Analysis on Net
Stock Analysis on Net
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Philip Morris International Inc. (NYSE:PM)

Analysis of Revenues

Advanced level

Revenues as Reported

Philip Morris International Inc., Income Statement, Revenues

US$ in millions

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12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Combustible products 24,218  25,529  25,107  25,952  26,794 
Reduced-risk products 5,587  4,096  3,640  733  — 
Net revenues 29,805  29,625  28,747  26,685  26,794 

Based on: 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-13), 10-K (filing date: 2017-02-14), 10-K (filing date: 2016-02-17).

Item Description The company
Net revenues Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Philip Morris International Inc.’s net revenues increased from 2017 to 2018 and from 2018 to 2019.