Stock Analysis on Net

Philip Morris International Inc. (NYSE:PM)

Analysis of Revenues

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Revenues as Reported

Philip Morris International Inc., income statement, revenues

US$ in millions

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Combustible products 22,190  21,867  24,218  25,529  25,107 
Reduced-risk products 9,115  6,827  5,587  4,096  3,640 
Other 100  —  —  —  — 
Net revenues 31,405  28,694  29,805  29,625  28,747 

Based on: 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).

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. net revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.