Switch to:

Philip Morris International Gross Profit

: $19,188 Mil (TTM As of Sep. 2020)
View and export this data going back to 2008. Start your Free Trial

Philip Morris International's gross profit for the three months ended in Sep. 2020 was $5,030 Mil. Philip Morris International's gross profit for the trailing twelve months (TTM) ended in Sep. 2020 was $19,188 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Philip Morris International's gross profit for the three months ended in Sep. 2020 was $5,030 Mil. Philip Morris International's Revenue for the three months ended in Sep. 2020 was $7,446 Mil. Therefore, Philip Morris International's Gross Margin % for the quarter that ended in Sep. 2020 was 67.55%.

Philip Morris International had a gross margin of 67.55% for the quarter that ended in Sep. 2020 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Philip Morris International was 66.94%. The lowest was 63.69%. And the median was 64.88%.


Philip Morris International Gross Profit Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Philip Morris International Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,429.00 17,294.00 18,316.00 18,867.00 19,292.00

Philip Morris International Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,037.00 4,935.00 4,751.00 4,472.00 5,030.00

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Philip Morris International Gross Profit Distribution

* The bar in red indicates where Philip Morris International's Gross Profit falls into.



Philip Morris International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Philip Morris International's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Gross Profit (A: Dec. 2019 )=Revenue - Cost of Goods Sold
=29805 - 10513
=19,292

Philip Morris International's Gross Profit for the quarter that ended in Sep. 2020 is calculated as

Gross Profit (Q: Sep. 2020 )=Revenue - Cost of Goods Sold
=7446 - 2416
=5,030

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2020 was 4935 (Dec. 2019 ) + 4751 (Mar. 2020 ) + 4472 (Jun. 2020 ) + 5030 (Sep. 2020 ) = $19,188 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Philip Morris International's Gross Margin % for the quarter that ended in Sep. 2020 is calculated as

Gross Margin % (Q: Sep. 2020 )=Gross Profit (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=5,030 / 7446
=67.55 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Philip Morris International  (NYSE:PM) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Philip Morris International had a gross margin of 67.55% for the quarter that ended in Sep. 2020 => Durable competitive advantage


Philip Morris International Gross Profit Related Terms


Philip Morris International Gross Profit Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)