Philip Morris International Inc (PM)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 13,402,000 | 13,032,000 | 12,748,000 | 11,870,000 | 11,556,000 | 11,591,000 | 11,189,000 | 11,679,000 | 12,246,000 | 12,269,000 | 12,756,000 | 12,829,000 | 12,975,000 | 12,933,000 | 12,721,000 | 12,323,000 | 11,668,000 | 11,269,000 | 10,814,000 | 11,270,000 |
| Total assets | US$ in thousands | 61,784,000 | 66,892,000 | 65,782,000 | 65,315,000 | 65,304,000 | 62,927,000 | 61,868,000 | 62,060,000 | 61,681,000 | 40,717,000 | 40,960,000 | 41,733,000 | 41,290,000 | 41,589,000 | 40,686,000 | 39,804,000 | 44,815,000 | 39,129,000 | 39,162,000 | 37,494,000 |
| Operating ROA | 21.69% | 19.48% | 19.38% | 18.17% | 17.70% | 18.42% | 18.09% | 18.82% | 19.85% | 30.13% | 31.14% | 30.74% | 31.42% | 31.10% | 31.27% | 30.96% | 26.04% | 28.80% | 27.61% | 30.06% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $13,402,000K ÷ $61,784,000K
= 21.69%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate profits from its operations relative to its total assets. For Philip Morris International Inc, the Operating ROA has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
The trend in Operating ROA for Philip Morris International Inc indicates initial stability with figures around 30% in 2020 and early 2021. There is a slight increase in mid-2021, reaching a peak of 31.42% by December 31, 2021. However, starting from March 31, 2022, there seems to be a decline in the Operating ROA, with a noticeable drop to 19.85% by December 31, 2022.
The downward trend continues into 2023, as the Operating ROA remains below 20% for most of the year. By December 31, 2023, it stands at 17.70%. However, there is a slight improvement in the ratio in 2024, with figures ranging from 18.17% to 21.69% over the year.
Overall, the Operating ROA of Philip Morris International Inc reflects variability in the company's ability to generate operating profits relative to its assets during the period under review. The fluctuations in the ratio may be attributed to changes in operating efficiency, profitability, or asset utilization within the company. It is essential for stakeholders to closely monitor these trends to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2024