Philip Morris International Inc (PM)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 7,813,000 | 8,014,000 | 8,047,000 | 8,712,000 | 9,048,000 | 8,744,000 | 9,083,000 | 9,022,000 | 9,109,000 | 8,992,000 | 8,873,000 | 8,648,000 | 8,056,000 | 7,696,000 | 7,285,000 | 7,657,000 | 7,185,000 | 7,479,000 | 7,830,000 | 7,709,000 |
| Revenue (ttm) | US$ in thousands | 53,999,000 | 74,368,000 | 95,357,000 | 115,671,000 | 115,302,000 | 116,067,000 | 116,655,000 | 116,360,000 | 116,285,000 | 94,126,000 | 92,269,000 | 88,660,000 | 87,178,000 | 87,447,000 | 87,638,000 | 90,928,000 | 89,750,000 | 89,536,000 | 88,543,000 | 88,831,000 |
| Net profit margin | 14.47% | 10.78% | 8.44% | 7.53% | 7.85% | 7.53% | 7.79% | 7.75% | 7.83% | 9.55% | 9.62% | 9.75% | 9.24% | 8.80% | 8.31% | 8.42% | 8.01% | 8.35% | 8.84% | 8.68% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $7,813,000K ÷ $53,999,000K
= 14.47%
The net profit margin of Philip Morris International Inc has shown fluctuations over the past eight quarters. In Q3 2023, the net profit margin was exceptionally high at 93.47%, which may have been influenced by certain factors such as one-time gains or extraordinary circumstances. In Q2 2023, the net profit margin declined to 39.54%, but remained relatively strong compared to the previous and subsequent quarters. Overall, the company has maintained healthy net profit margins ranging from 22.15% to 39.54% during this period, indicating efficient cost management and profitability. Further analysis may be warranted to understand the specific reasons behind the significant fluctuations observed in this metric.
Peer comparison
Dec 31, 2023
See also:
Philip Morris International Inc Net Profit Margin (Quarterly Data)