Gross Profit for Philip Morris International (PM)
According to Philip Morris International's latest reported financial statements, the company's current gross profit (TTM) is $27.93B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$27.93B
YoY change
+11.1%
5Y CAGR
+7.4%
Peak year (2025)
$27.28B
Cumulative gross profit
$422.42B
Gross Profit history chart for Philip Morris International (PM) from 2001 to 2025
Gross Profit history table for Philip Morris International (PM) from 2001 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $27.28B | +11.1% | ||
| 2024 | $24.55B | +10.2% | ||
| 2023 | $22.28B | +9.4% | ||
| 2022 | $20.36B | -4.7% | ||
| 2021 | $21.38B | +11.8% | ||
| 2020 | $19.13B | -0.9% | ||
| 2019 | $19.29B | +2.3% | ||
| 2018 | $18.87B | +3.0% | ||
| 2017 | $18.32B | +5.9% | ||
| 2016 | $17.29B | -0.8% | ||
| 2015 | $17.43B | -9.8% | ||
| 2014 | $19.33B | -7.1% | ||
| 2013 | $20.81B | -0.9% | ||
| 2012 | $21.00B | +2.9% | ||
| 2011 | $20.42B | +16.7% | ||
| 2010 | $17.50B | +9.3% | ||
| 2009 | $16.01B | -2.2% | ||
| 2008 | $16.38B | +16.3% | ||
| 2007 | $14.08B | +11.4% | ||
| 2006 | $12.64B | +2.2% | ||
| 2005 | $12.37B | +13.9% | ||
| 2004 | $10.86B | +13.5% | ||
| 2003 | $9.57B | — | ||
| 2001 | $5.30B | — |
Gross Profit values are taken from Philip Morris International's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Philip Morris International (PM) reported gross profit of $27.28B – grew 11.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Philip Morris International gross profit compounded at +7.4% per year, sustaining 3 straight years of year-over-year growth.
Across the available history, gross profit reached its high of $27.28B in 2025 and its low of $5.30B in 2001.
Philip Morris International (PM) sits 6th of 8 Consumer Defensive peers we track on this metric, against a peer median of $32.45B.
Philip Morris International Gross Profit by Year
Philip Morris International Gross Profit 2025: $27.28B
Philip Morris International gross profit in 2025 was $27.28B, grew 11.1% from 2024. This figure represents the highest annual value in the available history.
Philip Morris International Gross Profit 2024: $24.55B
Philip Morris International gross profit in 2024 was $24.55B, grew 10.2% from 2023.
Philip Morris International Gross Profit 2023: $22.28B
Philip Morris International gross profit in 2023 was $22.28B, grew 9.4% from 2022.
Philip Morris International Gross Profit 2022: $20.36B
Philip Morris International gross profit in 2022 was $20.36B, edged down 4.7% below 2021.
Philip Morris International Gross Profit 2021: $21.38B
Philip Morris International gross profit in 2021 was $21.38B.
See more financial history for Philip Morris International (PM).
Sector peers — Gross Profit
Companies in the same sector as Philip Morris International, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $177.77B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $50.86B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $43.12B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $35.35B | Consumer Defensive |
| The Coca-Cola Company (KO) | $29.54B | Consumer Defensive |
| Altria Group, Inc. (MO) | $17.44B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $10.79B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $4.63B | Consumer Defensive |
Frequently asked questions
What is Philip Morris International's gross profit?
- Latest reported gross profit for Philip Morris International (PM) is $27.93B (period ending March 31, 2026).
How has Philip Morris International gross profit changed year-over-year?
- Philip Morris International (PM) gross profit changed +11.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Philip Morris International gross profit?
- Philip Morris International (PM) gross profit compound annual growth rate is +7.4% over the most recent 5 years available.
When did Philip Morris International gross profit hit its highest annual value?
- Philip Morris International gross profit reached its highest annual value of $27.28B in 2025.
What was Philip Morris International gross profit in 2024?
- Philip Morris International (PM) gross profit in 2024 was $24.55B.
What was Philip Morris International gross profit in 2025?
- Philip Morris International (PM) gross profit in 2025 was $27.28B.
Metrics overview
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