TTM
$18.2B
YoY change
+10.9%
5Y CAGR
+6.6%
Peak year (FY2025)
$17.5B
Cumulative EBITDA
$289B
EBITDA history chart for Philip Morris International (PM) from 2016 to 2025
Latest: $17.5B
EBITDA growth chart for Philip Morris International (PM) from 2016 to 2025
Latest: +10.9%
EBITDA history table for Philip Morris International (PM) from 2001 to 2025
| FY2025 | $17.5B | +10.9% | +$1.71B | ||
| FY2024 | $15.7B | +17.8% | +$2.38B | ||
| FY2023 | $13.4B | -0.8% | -$105M | ||
| FY2022 | $13.5B | -3.5% | -$488M | ||
| FY2021 | $14B | +10.3% | +$1.31B | ||
| FY2020 | $12.7B | +8.9% | +$1.03B | ||
| FY2019 | $11.6B | -7.1% | -$883M | ||
| FY2018 | $12.5B | +0.4% | +$56M | ||
| FY2017 | $12.5B | +6.4% | +$753M | ||
| FY2016 | $11.7B | +2.1% | +$236M | ||
| FY2015 | $11.5B | -9.4% | -$1.2B | ||
| FY2014 | $12.7B | -12.5% | -$1.81B | ||
| FY2013 | $14.5B | -2.5% | -$371M | ||
| FY2012 | $14.8B | +2.5% | +$368M | ||
| FY2011 | $14.5B | +18.8% | +$2.29B | ||
| FY2010 | $12.2B | +11.4% | +$1.25B | ||
| FY2009 | $10.9B | -3.3% | -$368M | ||
| FY2008 | $11.3B | +17.3% | +$1.67B | ||
| FY2007 | $9.64B | +4.4% | +$410M | ||
| FY2006 | $9.23B | +11.7% | +$970M | ||
| FY2005 | $8.26B | +27.3% | +$1.77B | ||
| FY2004 | $6.49B | -1.2% | -$78M | ||
| FY2003 | $6.57B | — | — | ||
| FY2001 | $2.95B | — | — |
- FY2025$17.5B+10.9%
- FY2024$15.7B+17.8%
- FY2023$13.4B-0.8%
- FY2022$13.5B-3.5%
- FY2021$14B+10.3%
- FY2020$12.7B+8.9%
- FY2019$11.6B-7.1%
- FY2018$12.5B+0.4%
- FY2017$12.5B+6.4%
- FY2016$11.7B+2.1%
- FY2015$11.5B-9.4%
- FY2014$12.7B-12.5%
- FY2013$14.5B-2.5%
- FY2012$14.8B+2.5%
- FY2011$14.5B+18.8%
- FY2010$12.2B+11.4%
- FY2009$10.9B-3.3%
- FY2008$11.3B+17.3%
- FY2007$9.64B+4.4%
- FY2006$9.23B+11.7%
- FY2005$8.26B+27.3%
- FY2004$6.49B-1.2%
- FY2003$6.57B—
- FY2001$2.95B—
EBITDA values are taken from Philip Morris International's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Philip Morris International (PM)
According to Philip Morris International's latest reported financial statements, the company's current EBITDA (TTM) is $18.2B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Philip Morris International (PM) EBITDA is $17.5B – grew 10.9% year-over-year.
Through 2020–2025 (5 years), Philip Morris International EBITDA delivered a +6.6% annualised rate; sustaining 2 straight years of year-over-year growth.
Across the available history, EBITDA reached its high of $17.5B in 2025 and its low of $2.95B in 2001.
Philip Morris International EBITDA by Year
Philip Morris International EBITDA 2025: $17.5B
Philip Morris International posted EBITDA of $17.5B in 2025, grew 10.9% from 2024. This figure represents the highest annual value in the available history.
Philip Morris International EBITDA 2024: $15.7B
In 2024, Philip Morris International reported EBITDA of $15.7B, grew 17.8% from 2023.
Philip Morris International EBITDA 2023: $13.4B
Philip Morris International EBITDA in 2023 was $13.4B, edged down 0.8% below 2022.
Philip Morris International EBITDA 2022: $13.5B
2022's EBITDA for Philip Morris International came in at $13.5B, edged down 3.5% below 2021.
Philip Morris International EBITDA 2021: $14B
Philip Morris International EBITDA in 2021 was $14B.
See more financial history for Philip Morris International (PM).
Sector peers by EBITDA
Consumer Defensive peers of Philip Morris International (PM), ranked by their latest EBITDA
| $46.5B | |
| $21.3B | |
| $18.7B | |
| $15.5B | |
| $13.4B | |
| $10.8B | |
| $4.65B | |
| $2.6B |
- $46.5B
- $21.3B
- $18.7B
- $15.5B
- $13.4B
- $10.8B
Frequently asked questions
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