US-listed companies
Philip Morris International Inc.

Philip Morris International Inc.PM

Market cap

$155B

P/E ratio

18.7x

Income statement Balance sheet Cash flow

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Revenue from Contract with Customer, Including Assessed Tax	-	-	-	-	-	-	-	-	79,823	77,921	76,047	82,223	80,669	-
Net revenues 1 & 2 (Notes 6 & 13)	67,713	76,346	77,393	80,029	80,106	73,908	74,953	78,098	79,823	77,921	76,047	82,223	80,669	35,174
Excise and Sales Taxes	40,505	45,249	46,016	48,812	50,339	47,114	48,268	49,350	50,198	48,116	47,353	50,818	48,907	-
Cost of sales 3 (Notes 4 & 5)	-	-	-	-	-	-	-	-	10,758	10,513	9,569	10,030	11,402	12,893
Net revenues (includes $3,658 in 2022, $3,330 in 2021 and $3,233 in 2020 from related parties) (Note 18)	67,713	76,346	77,393	80,029	80,106	73,908	74,953	78,098	79,823	77,921	76,047	82,223	80,669	35,174
Gross profit	17,495	20,419	21,004	20,807	19,331	17,429	17,294	18,316	18,867	19,292	19,125	21,375	20,360	22,281
Cost of sales 3 (Notes 4 & 5)	-	-	-	-	-	-	-	-	10,758	10,513	9,569	10,030	11,402	12,893
Marketing, Administration And Research Costs	6,160	6,880	6,978	6,890	7,001	6,656	6,405	6,725	7,408	8,695	7,384	8,304	8,114	10,060
Gross profit	17,495	20,419	21,004	20,807	19,331	17,429	17,294	18,316	18,867	19,292	19,125	21,375	20,360	22,281
Goodwill, Impairment Loss	-	-	-	-	-	-	-	-	-	-	-	-	-	665
Marketing, Administration And Research Costs	6,160	6,880	6,978	6,890	7,001	6,656	6,405	6,725	7,408	8,695	7,384	8,304	8,114	10,060
Operating income	11,200	13,332	13,846	13,515	11,702	10,623	10,815	11,503	11,377	10,531	11,668	12,975	12,246	11,556
Operating income	11,200	13,332	13,846	13,515	11,702	10,623	10,815	11,503	11,377	10,531	11,668	12,975	12,246	11,556
Interest expense, net (Note 15)	-876	-800	-859	-973	-1,052	-1,008	-891	-914	-665	-570	-618	-628	-588	-1,061
Interest expense, net (Note 15)	-876	-800	-859	-973	-1,052	-1,008	-891	-914	-665	-570	-618	-628	-588	-1,061
Pension and other employee benefit costs (Note 14)	-	-	-	-	-	-	-	-	41	89	97	115	24	45
Pension and other employee benefit costs (Note 14)	-	-	-	-	-	-	-	-	41	89	97	115	24	45
Earnings before income taxes	10,324	12,532	12,987	12,542	10,650	9,615	9,924	10,589	10,671	9,872	10,953	12,232	11,634	10,450
Earnings before income taxes	10,324	12,532	12,987	12,542	10,650	9,615	9,924	10,589	10,671	9,872	10,953	12,232	11,634	10,450
Income Tax Expense (Benefit)	2,826	3,653	3,833	3,670	3,097	2,688	2,768	4,307	2,445	2,293	2,377	2,671	2,244	2,339
Income Tax Expense (Benefit)	2,826	3,653	3,833	3,670	3,097	2,688	2,768	4,307	2,445	2,293	2,377	2,671	2,244	2,339
Equity investments and securities (income)/loss, net	-	-	-	-22	105	105	94	59	-	-	-	-	-	157
Equity investments and securities (income)/loss, net	-	-	-	-	-	-	-	-	60	149	16	149	137	-
Net earnings	7,498	8,879	9,154	8,850	7,658	7,032	7,250	6,341	8,286	7,728	8,592	9,710	9,527	8,268
Net earnings	7,498	8,879	9,154	8,850	7,658	7,032	7,250	6,341	8,286	7,728	8,592	9,710	9,527	8,268
Net earnings attributable to noncontrolling interests	239	288	354	274	165	159	283	306	375	543	536	601	479	455
Net earnings attributable to noncontrolling interests	239	288	354	274	165	159	283	306	375	543	536	601	479	455
Net earnings attributable to PMI	7,498	8,879	9,154	8,850	7,658	7,032	7,250	6,341	8,286	7,728	8,592	9,710	9,527	8,268
Net earnings attributable to PMI	7,498	8,879	9,154	8,850	7,658	7,032	7,250	6,341	8,286	7,728	8,592	9,710	9,527	8,268
Earnings Per Share, Basic	3.93	4.85	5.17	5.26	4.76	4.42	4.48	3.88	5.08	4.61	5.16	5.83	5.82	5.02
Earnings Per Share, Diluted	3.92	4.85	5.17	5.26	4.76	4.42	4.48	3.88	5.08	4.61	5.16	5.83	5.81	5.02
Earnings Per Share, Basic	3.93	4.85	5.17	5.26	4.76	4.42	4.48	3.88	5.08	4.61	5.16	5.83	5.82	5.02
Earnings Per Share, Diluted	3.92	4.85	5.17	5.26	4.76	4.42	4.48	3.88	5.08	4.61	5.16	5.83	5.81	5.02