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Philip Morris International Inc. Operating Income 2007-2026 | PM

Annual FY2007–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$14.89B

+11.1%YoY vs FY2024Source: 10-KFY2025

From $8.89B in FY2007 to $14.89B in FY2025: 1.7× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$3.9B+9.8%$4.5B+22.0%Not reportedNot reported
FY25$3.5B+16.4%$3.7B+7.8%$4.3B+16.7%$3.4B+3.5%
FY24$3.0B+11.5%$3.4B+34.2%$3.7B+8.4%$3.3B+12.8%
FY23$2.7B−17.2%$2.6B−16.0%$3.4B+13.5%$2.9B−1.2%
FY22$3.3B−4.2%$3.1B−2.3%$3.0B−14.1%$2.9B−0.8%
Share24%25%27%24%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+5.0%

FY2020
$11.67B
FY2025
$14.89B

5 years selected · on the chart

Operating Income History

Year-over-year comparison from 10-K annual reports

  1. $14.89B
YoY changeLargest recent move+16.0%in FY24Latest +11.1%

Operating Income, period by period

PeriodValueChangeSource
FY2025$14.89B+11.1%10-K
FY2024$13.40B+16.0%10-K
FY2023$11.56B−5.6%10-K
FY2022$12.25B−5.6%10-K
FY2021$12.97B+11.2%10-K
FY2020$11.67B+10.8%10-K
FY2019$10.53B−7.4%10-K
FY2018$11.38B−1.8%10-K
FY2017$11.58B+6.2%10-K
FY2016$10.90B+2.6%10-K
FY2015$10.62B−9.2%10-K
FY2014$11.70B−13.4%10-K
FY2013$13.52B−2.5%10-K
FY2012$13.86B+3.9%10-K
FY2011$13.34B+19.1%10-K
FY2010$11.20B+11.6%10-K
FY2009$10.04B−2.0%10-K
FY2008$10.25B+15.2%10-K
FY2007$8.89B—10-K

What is operating income?

Operating income can be defined as profit from core business operations, calculated as gross profit minus operating expenses, before interest and taxes.

What is Philip Morris International Inc.'s current operating income?

Philip Morris International Inc. (PM) annual operating income for 2025 was $14.89B, a 11.12% increase from 2024. Philip Morris International Inc. operating income for the quarter ending June 30, 2026 was $4.53B.

What was Philip Morris International Inc.'s operating income in 2024?

Philip Morris International Inc. annual operating income for 2024 was $13.40B, a 15.97% increase from 2023.

What was Philip Morris International Inc.'s operating income in 2023?

Philip Morris International Inc. annual operating income for 2023 was $11.56B, a 5.63% decline from 2022.

What is Philip Morris International Inc.'s 5-year operating income CAGR?

Philip Morris International Inc. operating income grew at a compound annual growth rate (CAGR) of 5.00% from FY2020 to FY2025, going from $11.67B to $14.89B over 5 years.

Company
Philip Morris International Inc.
Ticker
PM
Sector
Other
Industry
Cigarettes