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, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Combustible products 21,867  24,218  25,529  25,107  25,952 
Reduced-risk products 6,827  5,587  4,096  3,640  733 
Net revenues 28,694  29,805  29,625  28,747  26,685 

Based on: 10-K (filing date: 2021-02-09), 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).

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 2018 to 2019 but then decreased significantly from 2019 to 2020.