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Philip Morris International stock: growth
PMPhilip Morris International reported $40.65B in revenue for fiscal 2025, up 7.3% on the prior year, up 7.2% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
3.6%
per year from 2006 to 2025, per share 5.3%
Earnings (Annual rate)
3.3%
per year from 2006 to 2025, per share 4.9%
Free cash flow (Annual rate)
3.7%
per year from 2006 to 2025, per share 5.4%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 7.2% | 4.3% | 3.6% |
| Revenue per share | 7.2% | 4.2% | 5.3% |
| Earnings | 7.1% | 5.1% | 3.3% |
| Earnings per share | 7.1% | 5.1% | 4.9% |
| Free cash flow | 3.0% | 4.4% | 3.7% |
| Free cash flow per share | 3.0% | 4.4% | 5.4% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $20.77B | $6.15B | $5.35B |
| 2007 | $22.8B | $6.03B | $4.52B |
| 2008 | $25.71B | $6.89B | $6.84B |
| 2009 | $25.04B | $6.34B | $7.17B |
| 2010 | $27.21B | $7.26B | $8.72B |
| 2011 | $31.1B | $8.59B | $9.63B |
| 2012 | $31.38B | $8.8B | $8.37B |
| 2013 | $31.22B | $8.58B | $8.94B |
| 2014 | $29.77B | $7.49B | $6.59B |
| 2015 | $26.79B | $6.87B | $6.91B |
| 2016 | $26.69B | $6.97B | $6.91B |
| 2017 | $28.75B | $6.04B | $7.36B |
| 2018 | $29.63B | $7.91B | $8.04B |
| 2019 | $29.81B | $7.19B | $9.24B |
| 2020 | $28.69B | $8.06B | $9.21B |
| 2021 | $31.41B | $9.11B | $11.22B |
| 2022 | $31.76B | $9.05B | $9.73B |
| 2023 | $35.17B | $7.79B | $7.88B |
| 2024 | $37.88B | $7.03B | $10.77B |
| 2025 | $40.65B | $11.35B | $10.66B |
Revenue by segment
How Philip Morris International Inc. makes its money and how that has shifted. Names are as the company reports them.
- Combustible Products59%
- Reduced-Risk Products41%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Combustible Products | $25.53B | $24.22B | $21.87B | $22.19B | $21.57B | $22.33B | $23.22B | $23.79B | 58.5% |
| Reduced-Risk Products | $4.1B | $5.59B | $6.83B | $9.12B | $10.19B | $12.84B | $14.66B | $16.85B | 41.5% |
| Total revenue | $29.63B | $29.81B | $28.69B | $31.41B | $31.76B | $35.17B | $37.88B | $40.65B | 100% |
Revenue by region
Where Philip Morris International Inc. generates its revenue.
- European Union$17.1B42%
- Ssea, Cis & Mea$12.1B30%
- Ea, Au & Pmi Gtr$6.6B16%
- Americas$4.9B12%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| European Union | $17.11B | 42.1% |
| Ssea, Cis & Mea | $12.05B | 29.6% |
| Ea, Au & Pmi Gtr | $6.63B | 16.3% |
| Americas | $4.85B | 11.9% |
| Total revenue | $40.65B | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 10 Apr 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.