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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Philip Morris International's Revenue by Segment

In fiscal year 2023, Philip Morris International's revenue by segment (products & services) are as follows:

  • Combustible Products: $22.33B
  • Smoke-Free Products: $12.84B

Learn more about Philip Morris International’s Revenue by Geography

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

Explore additional financial metrics for Philip Morris International.

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The above chart shows Philip Morris International's revenue percentage share by segment (products and services).

In fiscal year 2021, Philip Morris International's revenue by segment is as follows:

  • Combustible Products generated $22.19B in revenue, representing 100% of its total revenue.

The biggest segment for Philip Morris International is the Combustible Products, which represents 100% of its total revenue.
The smallest segment for Philip Morris International is the Combustible Products, which represents 100% of its total revenue.

The above chart shows Philip Morris International's revenue percentage share by segment (products and services).

In fiscal year 2022, Philip Morris International's revenue by segment is as follows:

  • Combustible Products generated $21.57B in revenue, representing 67.92% of its total revenue.
  • Smoke-Free Products generated $10.19B in revenue, representing 32.08% of its total revenue.

The biggest segment for Philip Morris International is the Combustible Products, which represents 67.92% of its total revenue.
The smallest segment for Philip Morris International is the Smoke-Free Products, which represents 32.08% of its total revenue.

The above chart shows Philip Morris International's revenue percentage share by segment (products and services).

In fiscal year 2023, Philip Morris International's revenue by segment is as follows:

  • Combustible Products generated $22.33B in revenue, representing 63.5% of its total revenue.
  • Smoke-Free Products generated $12.84B in revenue, representing 36.5% of its total revenue.

The biggest segment for Philip Morris International is the Combustible Products, which represents 63.5% of its total revenue.
The smallest segment for Philip Morris International is the Smoke-Free Products, which represents 36.5% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2021 2022 2023
Combustible Products 100% 67.92% 63.5%
Smoke-Free Products - 32.08% 36.5%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Philip Morris International.

In fiscal year 2023, the Combustible Products generated the most revenue ($22.33B), and the Smoke-Free Products generated the least revenue ($12.84B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Combustible Products revenue increased 3.53% ($762.00M) from $21.57B (in 2022) to $22.33B (in 2023).
  • Smoke-Free Products revenue increased 26.01% ($2.65B) from $10.19B (in 2022) to $12.84B (in 2023).
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    Summary Table

    Products & Services 2021 2022 2023
    Combustible Products $22.19B - $21.57B
    2.79%
    $22.33B
    3.53%
    Smoke-Free Products - - $10.19B - $12.84B
    26.01%
    Total Revenue $22.19B - $31.76B
    43.14%
    $35.17B
    10.74%