TTM
42.8%
YoY change
+1.38pp
Trough year (2005)
18.2%
Peak year (2012)
47.3%
Latest annual
43.0%
EBITDA Margin history chart for Philip Morris International (PM) from 2001 to 2025
Latest: 43.0%
EBITDA Margin change chart for Philip Morris International (PM) from 2001 to 2025
Latest: +1.38pp
EBITDA Margin history table for Philip Morris International (PM) from 2001 to 2025
| 2025 | 43.0% | +1.38pp | ||
| 2024 | 41.6% | +3.56pp | ||
| 2023 | 38.0% | -4.42pp | ||
| 2022 | 42.4% | -2.04pp | ||
| 2021 | 44.5% | +0.35pp | ||
| 2020 | 44.1% | +5.10pp | ||
| 2019 | 39.0% | -3.22pp | ||
| 2018 | 42.2% | -1.09pp | ||
| 2017 | 43.3% | -0.53pp | ||
| 2016 | 43.9% | +1.06pp | ||
| 2015 | 42.8% | +0.26pp | ||
| 2014 | 42.6% | -3.82pp | ||
| 2013 | 46.4% | -0.95pp | ||
| 2012 | 47.3% | +0.76pp | ||
| 2011 | 46.6% | +1.75pp | ||
| 2010 | 44.8% | +1.11pp | ||
| 2009 | 43.7% | -0.29pp | ||
| 2008 | 44.0% | +1.69pp | ||
| 2007 | 42.3% | -2.16pp | ||
| 2006 | 44.5% | +26.21pp | ||
| 2005 | 18.2% | -18.66pp | ||
| 2004 | 36.9% | +17.23pp | ||
| 2003 | 19.7% | — | ||
| 2001 | 36.4% | — |
- 202543.0%+1.38pp
- 202441.6%+3.56pp
- 202338.0%-4.42pp
- 202242.4%-2.04pp
- 202144.5%+0.35pp
- 202044.1%+5.10pp
- 201939.0%-3.22pp
- 201842.2%-1.09pp
- 201743.3%-0.53pp
- 201643.9%+1.06pp
- 201542.8%+0.26pp
- 201442.6%-3.82pp
- 201346.4%-0.95pp
- 201247.3%+0.76pp
- 201146.6%+1.75pp
- 201044.8%+1.11pp
- 200943.7%-0.29pp
- 200844.0%+1.69pp
- 200742.3%-2.16pp
- 200644.5%+26.21pp
- 200518.2%-18.66pp
- 200436.9%+17.23pp
- 200319.7%—
- 200136.4%—
EBITDA Margin 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 Margin at Philip Morris International (PM)
According to Philip Morris International's latest reported financial statements, the company's latest reported EBITDA margin is 42.8%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual EBITDA margin for Philip Morris International (PM) came in at 42.96% – expanded 1.4 percentage points year-over-year.
The record annual EBITDA margin stands at 47.31%, reached in 2012; the historical low of 18.24% was recorded in 2005.
Philip Morris International EBITDA Margin by Year
Philip Morris International EBITDA Margin 2025: 43.0%
2025's EBITDA margin for Philip Morris International came in at 42.96%, expanded 1.4 percentage points from 2024.
Philip Morris International EBITDA Margin 2024: 41.6%
Philip Morris International posted EBITDA margin of 41.58% in 2024, expanded 3.6 percentage points from 2023.
Philip Morris International EBITDA Margin 2023: 38.0%
In 2023, Philip Morris International reported EBITDA margin of 38.02%, contracted 4.4 percentage points from 2022.
Philip Morris International EBITDA Margin 2022: 42.4%
Philip Morris International EBITDA margin in 2022 was 42.44%, contracted 2.0 percentage points from 2021.
Philip Morris International EBITDA Margin 2021: 44.5%
Philip Morris International EBITDA margin in 2021 was 44.47%.
See more financial history for Philip Morris International (PM).
Sector peers by EBITDA Margin
Consumer Defensive peers of Philip Morris International (PM), ranked by their latest EBITDA margin
| 53.6% | |
| 37.8% | |
| 31.0% | |
| 26.8% | |
| 15.8% | |
| 13.1% | |
| 6.1% | |
| 4.9% |
- 53.6%
- 37.8%
- 15.8%
- 6.1%
- 4.9%
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