TTM
$15.28B
YoY change
+11.4%
5Y CAGR
+5.0%
Peak year (2025)
$14.93B
Cumulative operating income
$261.09B
Operating Income history chart for Philip Morris International (PM) from 2001 to 2025
Latest: $14.93B
Operating Income growth chart for Philip Morris International (PM) from 2001 to 2025
Latest: +11.4%
Operating Income history table for Philip Morris International (PM) from 2001 to 2025
| 2025 | $14.93B | +11.4% | +$1.53B | ||
| 2024 | $13.40B | +16.0% | +$1.85B | ||
| 2023 | $11.56B | -5.6% | −$690.00M | ||
| 2022 | $12.25B | -5.6% | −$726.00M | ||
| 2021 | $12.97B | +10.7% | +$1.25B | ||
| 2020 | $11.72B | +11.3% | +$1.19B | ||
| 2019 | $10.53B | -7.1% | −$805.00M | ||
| 2018 | $11.34B | -2.1% | −$240.00M | ||
| 2017 | $11.58B | +6.2% | +$673.00M | ||
| 2016 | $10.90B | +2.6% | +$280.00M | ||
| 2015 | $10.62B | -9.2% | −$1.08B | ||
| 2014 | $11.70B | -14.6% | −$2.00B | ||
| 2013 | $13.70B | -1.7% | −$244.00M | ||
| 2012 | $13.95B | +3.0% | +$412.00M | ||
| 2011 | $13.53B | +20.8% | +$2.33B | ||
| 2010 | $11.20B | +9.7% | +$987.00M | ||
| 2009 | $10.21B | -3.4% | −$358.00M | ||
| 2008 | $10.57B | +19.1% | +$1.70B | ||
| 2007 | $8.87B | +10.8% | +$868.00M | ||
| 2006 | $8.01B | +3.5% | +$270.00M | ||
| 2005 | $7.74B | +14.2% | +$959.00M | ||
| 2004 | $6.78B | +9.4% | +$580.00M | ||
| 2003 | $6.20B | — | — | ||
| 2001 | $2.95B | — | — |
- 2025$14.93B+11.4%
- 2024$13.40B+16.0%
- 2023$11.56B-5.6%
- 2022$12.25B-5.6%
- 2021$12.97B+10.7%
- 2020$11.72B+11.3%
- 2019$10.53B-7.1%
- 2018$11.34B-2.1%
- 2017$11.58B+6.2%
- 2016$10.90B+2.6%
- 2015$10.62B-9.2%
- 2014$11.70B-14.6%
- 2013$13.70B-1.7%
- 2012$13.95B+3.0%
- 2011$13.53B+20.8%
- 2010$11.20B+9.7%
- 2009$10.21B-3.4%
- 2008$10.57B+19.1%
- 2007$8.87B+10.8%
- 2006$8.01B+3.5%
- 2005$7.74B+14.2%
- 2004$6.78B+9.4%
- 2003$6.20B—
- 2001$2.95B—
Operating Income 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 Operating Income at Philip Morris International (PM)
According to Philip Morris International's latest reported financial statements, the company's current operating income (TTM) is $15.28B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Philip Morris International (PM) operating income totalled $14.93B – grew 11.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Philip Morris International operating income compounded at +5.0% per year, sustaining 2 straight years of year-over-year growth.
Across the available history, operating income reached its high of $14.93B in 2025 and its low of $2.95B in 2001.
Philip Morris International Operating Income by Year
Philip Morris International Operating Income 2025: $14.93B
Philip Morris International posted operating income of $14.93B in 2025, grew 11.4% from 2024. This figure represents the highest annual value in the available history.
Philip Morris International Operating Income 2024: $13.40B
In 2024, Philip Morris International reported operating income of $13.40B, grew 16.0% from 2023.
Philip Morris International Operating Income 2023: $11.56B
Philip Morris International operating income in 2023 was $11.56B, declined 5.6% below 2022.
Philip Morris International Operating Income 2022: $12.25B
2022's operating income for Philip Morris International came in at $12.25B, declined 5.6% below 2021.
Philip Morris International Operating Income 2021: $12.97B
Philip Morris International operating income in 2021 was $12.97B.
See more financial history for Philip Morris International (PM).
Sector peers by Operating Income
Consumer Defensive peers of Philip Morris International (PM), ranked by their latest operating income
| $29.82B | |
| $20.45B | |
| $15.06B | |
| $13.76B | |
| $13.49B | |
| $10.38B | |
| $3.62B | |
| $2.42B |
- $29.82B
- $20.45B
- $15.06B
- $13.76B
- $13.49B
- $10.38B
- $2.42B
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