Stock Analysis on Net
Stock Analysis on Net

Philip Morris International Inc. (NYSE:PM)

This company has been moved to the archive! The financial data has not been updated since July 27, 2023.

Common-Size Income Statement
Quarterly Data

Philip Morris International Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 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
Revenues including excise taxes 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Excise taxes on products -58.71 -58.49 -59.30 -61.55 -61.62 -59.95 -61.09 -62.43 -62.81 -60.81 -61.89 -63.58 -62.67 -60.81 -61.14 -62.50 -61.48 -61.87 -62.24 -63.29 -63.38 -62.57
Net revenues 41.29% 41.51% 40.70% 38.45% 38.38% 40.05% 38.91% 37.57% 37.19% 39.19% 38.11% 36.42% 37.33% 39.19% 38.86% 37.50% 38.52% 38.13% 37.76% 36.71% 36.62% 37.43%
Cost of sales -14.86 -15.73 -16.03 -14.05 -12.97 -13.48 -13.48 -12.01 -11.52 -11.75 -13.17 -11.82 -12.23 -13.16 -14.00 -12.78 -13.33 -13.92 -14.00 -12.81 -13.00 -14.19
Gross profit 26.43% 25.78% 24.67% 24.40% 25.40% 26.57% 25.43% 25.56% 25.66% 27.44% 24.94% 24.60% 25.10% 26.03% 24.86% 24.72% 25.19% 24.21% 23.76% 23.91% 23.61% 23.23%
Marketing, administration and research costs -14.61 -11.65 -10.07 -10.19 -10.43 -9.51 -11.28 -9.58 -10.34 -9.65 -10.07 -8.74 -9.77 -10.75 -12.24 -11.04 -9.24 -12.63 -10.15 -8.46 -8.95 -10.07
Operating income 11.82% 14.14% 14.60% 14.21% 14.97% 17.05% 14.15% 15.98% 15.32% 17.79% 14.87% 15.86% 15.33% 15.28% 12.63% 13.68% 15.95% 11.58% 13.61% 15.44% 14.66% 13.17%
Interest expense, net -1.37 -1.19 -0.85 -0.66 -0.62 -0.80 -0.70 -0.71 -0.79 -0.86 -0.84 -0.80 -0.91 -0.71 -0.69 -0.65 -0.75 -0.86 -0.63 -0.71 -0.80 -1.23
Pension and other employee benefit costs -0.03 -0.11 -0.04 -0.03 -0.02 -0.02 -0.16 -0.12 -0.13 -0.14 -0.15 -0.11 -0.12 -0.13 -0.14 -0.10 -0.10 -0.12 -0.11 -0.03 -0.03 -0.03
Earnings before income taxes 10.42% 12.83% 13.71% 13.51% 14.33% 16.23% 13.29% 15.15% 14.40% 16.79% 13.89% 14.95% 14.29% 14.45% 11.80% 12.93% 15.09% 10.60% 12.87% 14.70% 13.83% 11.90%
Provision for income taxes -2.58 -2.22 -2.04 -2.98 -2.91 -3.20 -2.85 -3.40 -3.16 -3.60 -3.14 -3.13 -2.96 -3.27 -3.14 -3.12 -3.06 -2.39 -2.77 -3.38 -3.05 -3.03
Equity investments and securities income (loss), net -0.10 0.26 0.78 0.10 0.07 -0.29 0.26 0.23 0.01 0.22 0.10 0.10 0.17 -0.30 0.32 0.22 0.15 0.06 -0.01 0.14 0.09 0.07
Net earnings 7.75% 10.88% 12.45% 10.64% 11.49% 12.74% 10.70% 11.97% 11.25% 13.41% 10.85% 11.92% 11.50% 10.89% 8.98% 10.04% 12.19% 8.27% 10.09% 11.45% 10.88% 8.94%
Net earnings attributable to noncontrolling interests -0.52 -0.55 -0.48 -0.65 -0.55 -0.69 -0.65 -0.75 -0.62 -0.91 -0.73 -0.64 -0.57 -0.88 -0.84 -0.74 -0.59 -0.62 -0.47 -0.46 -0.46 -0.49
Net earnings attributable to PMI 7.22% 10.33% 11.97% 9.99% 10.94% 12.05% 10.05% 11.22% 10.64% 12.49% 10.12% 11.28% 10.93% 10.00% 8.14% 9.30% 11.60% 7.65% 9.62% 10.99% 10.42% 8.44%

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

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. operating income as a percentage of revenues including excise taxes decreased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
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. earnings before income taxes as a percentage of revenues including excise taxes decreased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
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. net earnings attributable to PMI as a percentage of revenues including excise taxes decreased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.