PM (Philip Morris International) Interest Expense : $-1,705 Mil (TTM As of Dec. 2024)

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What is Philip Morris International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Philip Morris International's interest expense for the three months ended in Dec. 2024 was $ -946 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-1,705 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Philip Morris International's Operating Income for the three months ended in Dec. 2024 was $ 3,259 Mil. Philip Morris International's Interest Expense for the three months ended in Dec. 2024 was $ -946 Mil. Philip Morris International's Interest Coverage for the quarter that ended in Dec. 2024 was 3.45. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Philip Morris International Interest Expense Historical Data

The historical data trend for Philip Morris International's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Philip Morris International Interest Expense Chart

Philip Morris International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-728.00

-737.00

-768.00

-1,526.00

-1,763.00

Philip Morris International Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-299.00	-329.00	-189.00	-946.00	-241.00

Philip Morris International Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,705 Mil.

Philip Morris International (NYSE:PM) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Philip Morris International's Interest Expense for the three months ended in Dec. 2024 was $-946 Mil. Its Operating Income for the three months ended in Dec. 2024 was $3,259 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $42,166 Mil.

Philip Morris International's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	3259	/	-946
	=	3.45

The higher the ratio, the stronger the company's financial strength is.

Philip Morris International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (NYSE:PM) » Definitions » Interest Expense

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Traded in Other Exchanges

PM:Mexico 1PM:Italy PMIz:UK 0M8V:UK 4I1:Germany 4I1:Germany 4I1:Germany PMI:Switzerland PHMO34:Brazil PMOR:Austria

Address

677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901

Website

https://www.pmi.com

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heated tobacco product.

Executives

Lars Dahlgren	officer: Pres. Smoke-Free Oral Products	677 WASHINGTON BLVD., STAMFORD CT 06896
Massimo Andolina	officer: Sr. VP, Operations	120 PARK AVENUE, NEW YORK NY 10017
Yann Guerin	officer: SVP & Global Head of L&C	677 WASHINGTON BLVD., SUITE 1100, STAMFORD CT 06901
Werner Barth	officer: Sr. VP, Marketing and Sales	120 PARK AVENUE, NEW YORK NY 10017
Andre Calantzopoulos	director, officer: President & CEO	677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901
Jacek Olczak	officer: President European Union	120 PARK AVENUE, NEW YORK NY 10017
Emmanuel Babeau	officer: Chief Financial Officer	120 PARK AVENUE, NEW YORK NY 10017
Reginaldo Dobrowolski	officer: Vice President and Controller	677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901
Wilde Frederic De	officer: Sr. VP, Marketing & Sales	120 PARK AVENUE, NEW YORK NY 10017
Stefano Volpetti	officer: Chief Consumer Officer	120 PARK AVENUE, NEW YORK NY 10017
Dessislava Temperley	director	C/O CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Martin G. King	officer: SVP Operations	120 PARK AVENUE, NEW YORK NY 10017
Paul Riley	officer: Pres East Asia & Australia	120 PARK AVENUE, NEW YORK NY 10017
Drago Azinovic	officer: Pres., European Union Region	120 PARK AVENUE, NEW YORK NY 10017
Mario Masseroli	officer: Pres., Latin America & Canada	120 PARK AVENUE, NEW YORK NY 10017