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Philip Morris International's Revenue

  • Philip Morris International's annual revenue was $35.17B in fiscal year 2023. The annual revenue increased $3.41B from $31.76B (in 2022) to $35.17B (in 2023), representing a 10.74% year-over-year growth.

  • Philip Morris International's quarterly revenue was $9.91B in the quarter ending Sep 2024. The quarterly revenue increased $770.00M from $9.14B (in Q3: June 2023) to $9.91B (in Q3: June 2024), representing a 8.42% year-over-year growth.

  • Over the past 10 years (2014 - 2023):
  • The highest annual revenue for Philip Morris International was $35.17B in fiscal year 2023.
  • The lowest annual revenue was $26.69B in fiscal year 2016.
  • The average revenue was $29.85B.

  • Learn more about Philip Morris International's Revenue by Segment and Revenue by Region.

    Check out competitors to Philip Morris International in a side-by-side comparison.

    Explore additional financial metrics for Philip Morris International.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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2023

Philip Morris International's annual revenue was $35.17B in fiscal year 2023.

Philip Morris International's quarterly revenue was $8.02B(Q1: Mar 2023), $8.97B(Q2: Jun 2023), $9.14B(Q3: Sep 2023), $9.05B(Q4: Dec 2023) in fiscal year 2023.

2022

Philip Morris International's annual revenue was $31.76B in fiscal year 2023.

Philip Morris International's quarterly revenue was $7.75B(Q1: Mar 2022), $7.83B(Q2: Jun 2022), $8.03B(Q3: Sep 2022), $8.15B(Q4: Dec 2022) in fiscal year 2022.

2021

Philip Morris International's annual revenue was $31.41B in fiscal year 2023.

Philip Morris International's quarterly revenue was $7.59B(Q1: Mar 2021), $7.59B(Q2: Jun 2021), $8.12B(Q3: Sep 2021), $8.10B(Q4: Dec 2021) in fiscal year 2021.

2020

Philip Morris International's annual revenue was $28.69B in fiscal year 2023.

Philip Morris International's quarterly revenue was $7.15B(Q1: Mar 2020), $6.65B(Q2: Jun 2020), $7.45B(Q3: Sep 2020), $7.44B(Q4: Dec 2020) in fiscal year 2020.

2019

Philip Morris International's annual revenue was $29.81B in fiscal year 2023.

Philip Morris International's quarterly revenue was $6.75B(Q1: Mar 2019), $7.70B(Q2: Jun 2019), $7.64B(Q3: Sep 2019), $7.71B(Q4: Dec 2019) in fiscal year 2019.

2018

Philip Morris International's annual revenue was $29.63B in fiscal year 2023.

Philip Morris International's quarterly revenue was $6.90B(Q1: Mar 2018), $7.73B(Q2: Jun 2018), $7.50B(Q3: Sep 2018), $7.50B(Q4: Dec 2018) in fiscal year 2018.

2017

Philip Morris International's annual revenue was $28.75B in fiscal year 2023.

Philip Morris International's quarterly revenue was $6.06B(Q1: Mar 2017), $6.92B(Q2: Jun 2017), $7.47B(Q3: Sep 2017), $8.29B(Q4: Dec 2017) in fiscal year 2017.

2016

Philip Morris International's annual revenue was $26.69B in fiscal year 2023.

Philip Morris International's quarterly revenue was $6.08B(Q1: Mar 2016), $6.65B(Q2: Jun 2016), $6.98B(Q3: Sep 2016), $6.97B(Q4: Dec 2016) in fiscal year 2016.

2015

Philip Morris International's annual revenue was $26.79B in fiscal year 2023.

Philip Morris International's quarterly revenue was $6.62B(Q1: Mar 2015), $6.86B(Q2: Jun 2015), $6.93B(Q3: Sep 2015), $6.39B(Q4: Dec 2015) in fiscal year 2015.

2014

Philip Morris International's annual revenue was $29.77B in fiscal year 2023.

Philip Morris International's quarterly revenue was $6.92B(Q1: Mar 2014), $7.80B(Q2: Jun 2014), $7.86B(Q3: Sep 2014), $7.20B(Q4: Dec 2014) in fiscal year 2014.

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2013 0
2014 -4.64
2015 -9.99
2016 -0.41
2017 +7.73
2018 +3.05
2019 +0.61
2020 -3.73
2021 +9.45
2022 +1.14
2023 +10.74

2023

Philip Morris International’s annual revenue increased +10.74% during fiscal year 2023 compared to 2022. It represents a growth of $3.41B from $31.76B (in 2022) to $35.17B (in 2023).

2022

Philip Morris International’s annual revenue increased +1.14% during fiscal year 2022 compared to 2021. It represents a growth of $357.00M from $31.41B (in 2021) to $31.76B (in 2022).

2021

Philip Morris International’s annual revenue increased +9.45% during fiscal year 2021 compared to 2020. It represents a growth of $2.71B from $28.69B (in 2020) to $31.41B (in 2021).

2020

Philip Morris International’s annual revenue decreased -3.73% during fiscal year 2020 compared to 2019. It represents a decline of -$1.11B from $29.81B (in 2019) to $28.69B (in 2020).

2019

Philip Morris International’s annual revenue increased +0.61% during fiscal year 2019 compared to 2018. It represents a growth of $180.00M from $29.63B (in 2018) to $29.81B (in 2019).

2018

Philip Morris International’s annual revenue increased +3.05% during fiscal year 2018 compared to 2017. It represents a growth of $877.00M from $28.75B (in 2017) to $29.63B (in 2018).

2017

Philip Morris International’s annual revenue increased +7.73% during fiscal year 2017 compared to 2016. It represents a growth of $2.06B from $26.69B (in 2016) to $28.75B (in 2017).

2016

Philip Morris International’s annual revenue decreased -0.41% during fiscal year 2016 compared to 2015. It represents a decline of -$109.00M from $26.79B (in 2015) to $26.69B (in 2016).

2015

Philip Morris International’s annual revenue decreased -9.99% during fiscal year 2015 compared to 2014. It represents a decline of -$2.97B from $29.77B (in 2014) to $26.79B (in 2015).

2014

Philip Morris International’s annual revenue decreased -4.64% during fiscal year 2014 compared to 2013. It represents a decline of -$1.45B from $31.22B (in 2013) to $29.77B (in 2014).

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Summary Table (Annual)

Period Revenue Year-over-Year Change
2023 $35.17B +10.74%
2022 $31.76B +1.14%
2021 $31.41B +9.45%
2020 $28.69B -3.73%
2019 $29.81B +0.61%
2018 $29.63B +3.05%
2017 $28.75B +7.73%
2016 $26.69B -0.41%
2015 $26.79B -9.99%
2014 $29.77B -4.64%

Summary Table (Quarterly)

Period Revenue Year-over-Year Change
Q3: Sep 24 $9.91B 8.42%
Q2: Jun 24 $9.41B 4.91%
Q1: Mar 24 $8.79B 9.65%
Q4: Dec 23 $9.05B 10.98%
Q3: Sep 23 $9.14B 13.81%
Q2: Jun 23 $8.97B 14.49%
Q1: Mar 23 $8.02B 3.52%
Q4: Dec 22 $8.15B 0.59%
Q3: Sep 22 $8.03B -1.11%
Q2: Jun 22 $7.83B 3.13%
Q1: Mar 22 $7.75B 2.12%
Q4: Dec 21 $8.10B 8.87%
Q3: Sep 21 $8.12B 9.08%
Q2: Jun 21 $7.59B 14.18%
Q1: Mar 21 $7.59B 6.04%
Q4: Dec 20 $7.44B -3.49%
Q3: Sep 20 $7.45B -2.56%
Q2: Jun 20 $6.65B -13.61%
Q1: Mar 20 $7.15B 5.95%
Q4: Dec 19 $7.71B 2.85%
Q3: Sep 19 $7.64B 1.84%
Q2: Jun 19 $7.70B -0.35%
Q1: Mar 19 $6.75B -2.10%
Q4: Dec 18 $7.50B -9.59%
Q3: Sep 18 $7.50B 0.41%
Q2: Jun 18 $7.73B 11.70%
Q1: Mar 18 $6.90B 13.72%
Q4: Dec 17 $8.29B 18.98%
Q3: Sep 17 $7.47B 7.03%
Q2: Jun 17 $6.92B 4.03%
Q1: Mar 17 $6.06B -0.31%
Q4: Dec 16 $6.97B 9.06%
Q3: Sep 16 $6.98B 0.79%
Q2: Jun 16 $6.65B -3.06%
Q1: Mar 16 $6.08B -8.06%
Q4: Dec 15 $6.39B -11.19%
Q3: Sep 15 $6.93B -11.83%
Q2: Jun 15 $6.86B -12.03%
Q1: Mar 15 $6.62B -4.35%
Q4: Dec 14 $7.20B -7.60%
Q3: Sep 14 $7.86B -0.90%
Q2: Jun 14 $7.80B -1.52%
Q1: Mar 14 $6.92B -8.79%