01—History
Interest Expense History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2018–FY2023. Drag across the bars to change the range.
- $1.53B
02—Ledger
Interest Expense, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2023 | $1.53B | +98.7% | 10-K | |
| FY2022 | $768.0M | +4.2% | 10-K | |
| FY2021 | $737.0M | +1.2% | 10-K | |
| FY2020 | $728.0M | −8.5% | 10-K | |
| FY2019 | $796.0M | −6.9% | 10-K | |
| FY2018 | $855.0M | −22.0% | 10-K | |
| FY2017 | $1.10B | +2.5% | 10-K | |
| FY2016 | $1.07B | −5.6% | 10-K | |
| FY2015 | $1.13B | −3.2% | 10-K | |
| FY2014 | $1.17B | +6.0% | 10-K | |
| FY2013 | $1.10B | +9.6% | 10-K | |
| FY2012 | $1.01B | +7.8% | 10-K | |
| FY2011 | $934.0M | −4.1% | 10-K | |
| FY2010 | $974.0M | +7.6% | 10-K | |
| FY2009 | $905.0M | +71.4% | 10-K | |
| FY2008 | $528.0M | — | 10-K |
03—Questions
What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is Philip Morris International Inc.'s current interest expense?
Philip Morris International Inc. (PM) annual interest expense for 2023 was $1.53B, a 98.70% increase from 2022.
What was Philip Morris International Inc.'s interest expense in 2022?
Philip Morris International Inc. annual interest expense for 2022 was $768.0M, a 4.21% increase from 2021.
What was Philip Morris International Inc.'s interest expense in 2021?
Philip Morris International Inc. annual interest expense for 2021 was $737.0M, a 1.24% increase from 2020.
What is Philip Morris International Inc.'s 5-year interest expense CAGR?
Philip Morris International Inc. interest expense grew at a compound annual growth rate (CAGR) of 12.28% from FY2018 to FY2023, going from $855.0M to $1.53B over 5 years.
- Company
- Philip Morris International Inc.
- Ticker
- PM
- Sector
- Other
- Industry
- Cigarettes