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Home/PM/Operating margin

Philip Morris International Inc. (PM) Operating margin 2016–2025

Philip Morris International Inc. (PM) operating margin by fiscal year — reported operating income divided by reported revenue.

36.6%FY2025 · since FY2016: 40.9% → 36.6%
16171819202122232425
Fiscal yearValueYoY
FY202536.6%+1.3 pp
FY202435.4%+2.5 pp
FY202332.9%-5.7 pp
FY202238.6%-2.8 pp
FY202141.3%+0.7 pp
FY202040.7%+5.3 pp
FY201935.3%-3.1 pp
FY201838.4%-1.9 pp
FY201740.3%-0.6 pp
FY201640.9%—

Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.

Source: SEC XBRL filings · For reference only · Not investment advice

More PM financial trends

PM RevenuePM Net incomePM Net marginPM Gross profitPM Gross marginPM Operating incomePM Operating cash flowPM Free cash flowPM Capital expendituresPM Return on equityPM Stock buybacksPM Dividends paidPM Total assetsPM Total liabilitiesPM Shareholders’ equityPM overview →