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Philip Morris International (XSWX:PMI) Net Margin %

: 24.27% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Philip Morris International's Net Income for the three months ended in Dec. 2023 was CHF1,899 Mil. Philip Morris International's Revenue for the three months ended in Dec. 2023 was CHF7,824 Mil. Therefore, Philip Morris International's net margin for the quarter that ended in Dec. 2023 was 24.27%.

The historical rank and industry rank for Philip Morris International's Net Margin % or its related term are showing as below:

XSWX:PMI' s Net Margin % Range Over the Past 10 Years
Min: 20.99   Med: 25.88   Max: 29
Current: 22.21


XSWX:PMI's Net Margin % is ranked better than
84.62% of 52 companies
in the Tobacco Products industry
Industry Median: 5.435 vs XSWX:PMI: 22.21

Philip Morris International Net Margin % Historical Data

The historical data trend for Philip Morris International's Net Margin % 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.

* Premium members only.

Philip Morris International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.11 28.08 29.00 28.49 22.21

Philip Morris International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 29.40 24.88 17.49 22.47 24.27

Competitive Comparison

For the Tobacco subindustry, Philip Morris International's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.


Philip Morris International Net Margin % Distribution

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's Net Margin % distribution charts can be found below:

* The bar in red indicates where Philip Morris International's Net Margin % falls into.



Philip Morris International Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Philip Morris International's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=6756.682/30418.475
=22.21 %

Philip Morris International's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1899.101/7823.846
=24.27 %

* 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.


Philip Morris International  (XSWX:PMI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Philip Morris International Net Margin % Related Terms

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Philip Morris International (XSWX:PMI) Business Description

Address
677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901
Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the U.S. and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.

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