Philip Morris International Inc (PM)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 7,057,000 | 9,832,000 | 8,804,000 | 7,966,000 | 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 |
| Revenue (ttm) | US$ in thousands | 37,277,000 | 36,342,000 | 35,311,000 | 34,513,000 | 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 |
| Net profit margin | 18.93% | 27.05% | 24.93% | 23.08% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $7,057,000K ÷ $37,277,000K
= 18.93%
Over the period from March 31, 2020, to December 31, 2024, Philip Morris International Inc's net profit margin showed varying trends. Initially, the net profit margin fluctuated within a relatively narrow range between 8% to 9%, indicating a stable profitability level. However, starting from March 31, 2023, the net profit margin began to increase significantly, reaching 23.08% by March 31, 2024, and further improving to 27.05% by September 30, 2024.
The notable surge in net profit margin in the latter part of the period suggests a significant enhancement in the company's operational efficiency and profitability. This improvement could be attributed to various factors such as cost management, revenue growth, operational optimizations, or strategic initiatives.
It is important for stakeholders to further analyze the underlying reasons behind this remarkable increase in net profit margin to understand the sustainability and implications of this positive trend for the company's financial performance in the future.
Peer comparison
Dec 31, 2024
See also:
Philip Morris International Inc Net Profit Margin (Quarterly Data)