Annual Data
Quarterly Data
Philip Morris International Inc., common-size consolidated income statement (quarterly data)
3 months ended:
Dec 31, 2020
Sep 30, 2020
Jun 30, 2020
Mar 31, 2020
Dec 31, 2019
Sep 30, 2019
Jun 30, 2019
Mar 31, 2019
Dec 31, 2018
Sep 30, 2018
Jun 30, 2018
Mar 31, 2018
Dec 31, 2017
Sep 30, 2017
Jun 30, 2017
Mar 31, 2017
Dec 31, 2016
Sep 30, 2016
Jun 30, 2016
Mar 31, 2016
Revenues including excise taxes
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Excise taxes on products
-61.89% -63.58% -62.67% -60.81% -61.14% -62.50% -61.48% -61.87% -62.24% -63.29% -63.38% -62.57% -61.58% -63.79% -64.20% -63.37% -63.67% -64.98% -65.08% -63.77%
Net revenues
38.11%
36.42%
37.33%
39.19%
38.86%
37.50%
38.52%
38.13%
37.76%
36.71%
36.62%
37.43%
38.42%
36.21%
35.80%
36.63%
36.33%
35.02%
34.92%
36.23%
Cost of sales
-13.17% -11.82% -12.23% -13.16% -14.00% -12.78% -13.33% -13.92% -14.00% -12.81% -13.00% -14.19% -13.90% -13.25% -13.04% -13.15% -13.02% -12.20% -12.42% -12.49%
Gross profit
24.94%
24.60%
25.10%
26.03%
24.86%
24.72%
25.19%
24.21%
23.76%
23.91%
23.61%
23.23%
24.52%
22.96%
22.77%
23.48%
23.31%
22.82%
22.50%
23.75%
Marketing, administration and research costs
-9.98% -8.65% -9.66% -10.65% -12.16% -10.96% -9.16% -12.52% -10.06% -8.37% -8.85% -9.95% -9.04% -7.99% -8.57% -8.87% -9.60% -7.80% -7.95% -8.91%
Amortization of intangibles
-0.09% -0.09% -0.11% -0.10% -0.08% -0.07% -0.08% -0.11% -0.10% -0.10% -0.10% -0.12% -0.11% -0.10% -0.11% -0.13% -0.09% -0.10% -0.10% -0.11%
Operating income
14.87%
15.86%
15.33%
15.28%
12.63%
13.68%
15.95%
11.58%
13.61%
15.44%
14.66%
13.17%
15.37%
14.87%
14.08%
14.47%
13.61%
14.93%
14.46%
14.73%
Interest expense, net
-0.84% -0.80% -0.91% -0.71% -0.69% -0.65% -0.75% -0.86% -0.63% -0.71% -0.80% -1.23% -1.20% -1.08% -1.10% -1.32% -1.05% -1.10% -1.17% -1.47%
Pension and other employee benefit costs
-0.15% -0.11% -0.12% -0.13% -0.14% -0.10% -0.10% -0.12% -0.11% -0.03% -0.03% -0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings before income taxes
13.89%
14.95%
14.29%
14.45%
11.80%
12.93%
15.09%
10.60%
12.87%
14.70%
13.83%
11.90%
14.17%
13.79%
12.98%
13.15%
12.56%
13.83%
13.29%
13.26%
Provision for income taxes
-3.14% -3.13% -2.96% -3.27% -3.14% -3.12% -3.06% -2.39% -2.77% -3.38% -3.05% -3.03% -10.49% -3.93% -3.57% -3.27% -3.43% -3.83% -3.76% -3.75%
Equity investments and securities income (loss), net
0.10% 0.10% 0.17% -0.30% 0.32% 0.22% 0.15% 0.06% -0.01% 0.14% 0.09% 0.07% 0.01% 0.06% 0.12% 0.13% 0.11% 0.18% 0.15% 0.05%
Net earnings
10.85%
11.92%
11.50%
10.89%
8.98%
10.04%
12.19%
8.27%
10.09%
11.45%
10.88%
8.94%
3.69%
9.91%
9.53%
10.01%
9.25%
10.17%
9.67%
9.56%
Net earnings attributable to noncontrolling interests
-0.73% -0.64% -0.57% -0.88% -0.84% -0.74% -0.59% -0.62% -0.47% -0.46% -0.46% -0.49% -0.47% -0.36% -0.32% -0.41% -0.33% -0.45% -0.28% -0.45%
Net earnings attributable to PMI
10.12%
11.28%
10.93%
10.00%
8.14%
9.30%
11.60%
7.65%
9.62%
10.99%
10.42%
8.44%
3.22%
9.55%
9.22%
9.60%
8.92%
9.72%
9.39%
9.11%
Based on:
10-K (filing date: 2021-02-09) 10-Q (filing date: 2020-10-27) 10-Q (filing date: 2020-07-29) 10-Q (filing date: 2020-04-28) 10-K (filing date: 2020-02-07) 10-Q (filing date: 2019-10-24) 10-Q (filing date: 2019-07-25) 10-Q (filing date: 2019-04-25) 10-K (filing date: 2019-02-07) 10-Q (filing date: 2018-10-25) 10-Q (filing date: 2018-07-26) 10-Q (filing date: 2018-04-26) 10-K (filing date: 2018-02-13) 10-Q (filing date: 2017-10-26) 10-Q (filing date: 2017-07-27) 10-Q (filing date: 2017-04-27) 10-K (filing date: 2017-02-14) 10-Q (filing date: 2016-10-25) 10-Q (filing date: 2016-07-26) 10-Q (filing date: 2016-04-26)
Income statement item
Description
The company
Operating income
The net result for the period of deducting operating expenses from operating revenues.
Philip Morris International Inc.’s operating income as a percentage of revenues including excise taxes increased from Q2 2020 to Q3 2020 but then decreased significantly from Q3 2020 to Q4 2020.
Earnings before income taxes
Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.
Philip Morris International Inc.’s earnings before income taxes as a percentage of revenues including excise taxes increased from Q2 2020 to Q3 2020 but then decreased significantly from Q3 2020 to Q4 2020.
Net earnings attributable to PMI
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
Philip Morris International Inc.’s net earnings attributable to PMI as a percentage of revenues including excise taxes increased from Q2 2020 to Q3 2020 but then decreased significantly from Q3 2020 to Q4 2020.
