Philip Morris International Inc (PM)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 41.26% | 29.09% | 21.77% | 17.47% | 17.66% | 17.85% | 18.13% | 18.22% | 18.38% | 22.26% | 22.17% | 22.20% | 21.94% | 21.94% | 21.90% | 21.73% | 21.50% | 21.30% | 21.37% | 21.24% |
| Operating profit margin | 21.40% | 15.59% | 11.73% | 10.10% | 10.62% | 10.57% | 10.93% | 11.03% | 11.16% | 13.74% | 13.79% | 13.90% | 13.38% | 12.89% | 12.34% | 12.39% | 11.73% | 11.98% | 12.53% | 12.38% |
| Pretax margin | 18.80% | 14.04% | 10.56% | 9.31% | 9.79% | 9.63% | 9.96% | 9.98% | 10.13% | 12.41% | 12.43% | 12.55% | 11.97% | 11.53% | 11.03% | 11.13% | 10.56% | 10.83% | 11.41% | 11.28% |
| 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% |
The profitability of Philip Morris International Inc, as indicated by its profit margins, has shown fluctuations over the past eight quarters. The gross profit margin has ranged from -47.86% to 66.98%, with Q3 2023 notably being negative, indicating a loss on sales. Operating profit margins have also varied significantly, ranging from 34.74% to 135.57%, with Q3 2023 showing a significant increase in profitability.
The pretax margin has fluctuated between 30.16% and 127.22%, with Q3 2023 again demonstrating a substantial increase. Similarly, the net profit margin has shown variability, ranging from 22.15% to 93.47%, with Q3 2023 displaying a notable increase in profitability. Overall, while the company has seen fluctuations in its profitability ratios, it has demonstrated the ability to generate profits, with some quarters showing stronger performance than others.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 24.56% | 25.90% | 27.79% | 28.92% |
| Return on assets (ROA) | 11.96% | 12.74% | 13.01% | 14.04% | 14.67% | 21.48% | 22.18% | 21.62% | 22.06% | 21.62% | 21.81% | 21.73% | 17.98% | 19.67% | 18.60% | 20.42% | 16.76% | 18.06% | 19.61% | 20.26% |
| Return on total capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Philip Morris International Inc's profitability ratios have shown a consistent trend over the quarters analyzed. The operating return on assets (Operating ROA) has ranged from 18.09% to 19.85% in the past year, indicating the company's ability to generate operating profits from its assets. The Return on assets (ROA) has been between 11.93% and 14.63%, reflecting the overall profitability of the company's assets.
The Return on total capital has varied from 29.84% to 36.24%, demonstrating the ability of the company to deliver returns to both debt and equity holders. However, it is noteworthy that the Return on equity (ROE) data is unavailable for analysis in this table.
Overall, the profitability ratios suggest that Philip Morris International Inc has maintained solid profitability levels, with efficient utilization of assets and capital. It shows consistent performance in generating profits relative to its asset base and capital structure.
See also:
Philip Morris International Inc Profitability Ratios (Quarterly Data)