Philip Morris International Inc. (PM) FY2024 YTD Q3 P&L / Income Statement
2024-01-01 to 2024-09-30
Revenue by Business Segment
2024-01-01 to 2024-09-30
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Philip Morris International Inc. (PM) FY2024 YTD Q3 P&L / Income Statement
Income statement for 2024-01-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenues
- 28,172,000,000 US dollars
- Cost of sales
- 9,906,000,000 US dollars
- Gross profit
- 18,266,000,000 US dollars
- Operating expenses (calculated)
- 8,123,000,000 US dollars
- Operating income
- 10,143,000,000 US dollars
- Other income (expense), net (calculated)
- negative 861,000,000 US dollars
- Earnings before income taxes
- 9,282,000,000 US dollars
- Provision for income taxes
- 2,145,000,000 US dollars
- Net earnings
- 7,989,000,000 US dollars
- Europe
- 11,301,000,000 US dollars
- SSEA, CIS & MEA Segment
- 8,393,000,000 US dollars
- EA, AU & PMI DF Segment
- 4,959,000,000 US dollars
- Americas
- 3,273,000,000 US dollars
- Wellness & Healthcare
- 246,000,000 US dollars
- Impairment of goodwill (Note 4)
- 0 US dollars
- Marketing, administration and research costs
- 8,123,000,000 US dollars
- Equity investments and securities (income)/loss, net
- 852,000,000 US dollars. Reported below-tax contribution to net income.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to Philip Morris International Inc.: $7.64 B; to noncontrolling interests: $353.00 M.

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Gross margin
64.8%
Gross profit / revenue
Operating margin
36.0%
Operating profit / revenue
Cash conversion
102.8%
Operating cash / net income, same period
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