Consumer Staples · Tobacco
Philip Morris International: revenue, profit and dividends
In fiscal 2025, Philip Morris International had revenue of $40.6B, up 7.2% a year on average since 2020, and net income of $11.3B (27.9% of revenue). Its dividend per share has gone up 17 years in a row, to $5.64.
Revenue, fiscal 2025
average annual revenue growth since 2020 · +7.3% vs 2024
- Ticker
- PM · NYSE
- Sector
- Consumer Staples
- Sub-industry
- Tobacco
- Headquarters
- New York City, New York
- Founded
- 2008 (1847)
- In the S&P 500 since
- March 31, 2008
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Philip Morris International Inc. · CIK 0001413329
Revenue and net income
Revenue went from $26.7B in 2016 to $40.6B in 2025.
Diluted earnings per share
Diluted EPS went from $2.86 in 2007 to $7.26 in 2025. Ten-year growth: 5.1% a year.
Dividends per share
Raised every year in the data: 17 years in a row, from 2009 to 2025. Ten-year growth: 3.4% a year.
Shares outstanding
0.6% more shares in 2025 than in 2015 (1.55B → 1.56B): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $10.7B in 2025, 26.2% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $40.6B | $11.3B | 27.9% | $7.26 | $5.64 | 1.56B | $12.2B | $1.57B | $10.7B |
| 2024 | $37.9B | $7.06B | 18.6% | $4.52 | $5.30 | 1.56B | $12.2B | $1.44B | $10.8B |
| 2023 | $35.2B | $7.81B | 22.2% | $5.02 | $5.14 | 1.55B | $9.2B | $1.32B | $7.88B |
| 2022 | $31.8B | $9.05B | 28.5% | $5.81 | $5.04 | 1.55B | $10.8B | $1.08B | $9.73B |
| 2021 | $31.4B | $9.11B | 29.0% | $5.83 | $4.90 | 1.56B | $12B | $748M | $11.2B |
| 2020 | $28.7B | $8.06B | 28.1% | $5.16 | $4.74 | 1.56B | $9.81B | $602M | $9.21B |
| 2019 | $29.8B | $7.18B | 24.1% | $4.61 | $4.62 | 1.56B | $10.1B | $852M | $9.24B |
| 2018 | $29.6B | $7.91B | 26.7% | $5.08 | $4.49 | 1.55B | $9.48B | $1.44B | $8.04B |
| 2017 | $28.7B | $6.04B | 21.0% | $3.88 | $4.22 | 1.55B | $8.91B | $1.55B | $7.36B |
| 2016 | $26.7B | $6.97B | 26.1% | $4.48 | $4.12 | 1.55B | $8.08B | $1.17B | $6.91B |
| 2015 | — | $6.87B | — | $4.42 | $4.04 | 1.55B | $7.87B | $960M | $6.91B |
| 2014 | — | $7.49B | — | $4.76 | $3.88 | 1.57B | $7.74B | $1.15B | $6.59B |
| 2013 | — | $8.58B | — | $5.26 | $3.58 | 1.62B | $10.1B | $1.2B | $8.94B |
| 2012 | — | $8.8B | — | $5.17 | $3.24 | 1.69B | $9.42B | $1.06B | $8.37B |
| 2011 | — | $8.59B | — | $4.85 | $2.82 | 1.76B | $10.5B | $897M | $9.63B |
| 2010 | — | $7.26B | — | $3.92 | $2.44 | 1.84B | $9.44B | $713M | $8.72B |
| 2009 | — | $6.34B | — | $3.24 | $2.24 | 1.95B | $7.88B | $715M | $7.17B |
| 2008 | — | $6.89B | — | $3.31 | $1.54 | 2.08B | $7.93B | $1.1B | $6.84B |
| 2007 | — | $6.04B | — | $2.86 | — | — | $5.55B | $1.07B | $4.48B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Tobacco companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.