Philip Morris International Inc (PM)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 13,402,000 | 11,556,000 | 12,246,000 | 12,975,000 | 11,668,000 |
| Total assets | US$ in thousands | 61,784,000 | 65,304,000 | 61,681,000 | 41,290,000 | 44,815,000 |
| Operating ROA | 21.69% | 17.70% | 19.85% | 31.42% | 26.04% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $13,402,000K ÷ $61,784,000K
= 21.69%
Philip Morris International Inc's operating return on assets (ROA) has fluctuated over the years, starting at 26.04% on December 31, 2020, and reaching a peak of 31.42% on December 31, 2021. However, there was a notable decline in the operating ROA to 19.85% on December 31, 2022, followed by a further decrease to 17.70% on December 31, 2023.
The company experienced a recovery in its operating ROA in the subsequent year, reaching 21.69% on December 31, 2024. This overall trend indicates that while the operating ROA has shown some variability, the company has managed to maintain a relatively strong performance in generating operating income from its assets.
Further analysis and assessment of the factors influencing these fluctuations in the operating ROA would be necessary to determine the underlying reasons for the changes and to assess the company's operational efficiency and asset utilization over the years.
Peer comparison
Dec 31, 2024