Philip Historical Income Statement
| PM Stock | USD 129.99 1.22 0.93% |
Historical analysis of Philip Morris income statement accounts such as Other Operating Expenses of 15.5 B, Operating Income of 11.5 B or EBIT of 11.7 B can show how well Philip Morris International performed in making a profits. Evaluating Philip Morris income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Philip Morris's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Philip Morris Intern latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Philip Morris Intern is a good buy for the upcoming year.
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About Philip Income Statement Analysis
Philip Morris Intern Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Philip Morris shareholders. The income statement also shows Philip investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Philip Morris Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Philip Morris Intern generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Philip Morris International minus its cost of goods sold. It is profit before Philip Morris operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Philip Morris Intern. It is also known as Philip Morris overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Philip Morris Intern operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Philip Morris International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Philip Morris' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Philip Morris Intern current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Philip Morris' Depreciation And Amortization is very stable compared to the past year. As of the 25th of November 2024, Interest Expense is likely to grow to about 1.6 B, while Gross Profit is likely to drop about 18.6 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.3B | 20.5B | 22.3B | 18.6B | Total Revenue | 31.4B | 31.8B | 35.2B | 24.8B |
Philip Morris income statement Correlations
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Philip Morris Account Relationship Matchups
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Philip Morris income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | (23M) | 981M | (19M) | 1.2B | 1.4B | 1.5B | |
| Interest Expense | 570M | 728M | 146M | 768M | 1.5B | 1.6B | |
| Total Revenue | 29.8B | 28.7B | 31.4B | 31.8B | 35.2B | 24.8B | |
| Gross Profit | 19.3B | 19.1B | 5.3B | 20.5B | 22.3B | 18.6B | |
| Other Operating Expenses | 19.4B | 17.1B | 5.2B | 19.4B | 23.5B | 15.5B | |
| Operating Income | 10.5B | 11.7B | 2.9B | 12.5B | 12.7B | 11.5B | |
| Ebit | 10.5B | 11.9B | 2.9B | 12.6B | 12.5B | 11.7B | |
| Ebitda | 10.5B | 12.9B | 2.9B | 13.8B | 13.9B | 12.3B | |
| Cost Of Revenue | 10.5B | 9.6B | 2.8B | 11.2B | 12.9B | 10.3B | |
| Total Operating Expenses | 8.9B | 7.5B | 2.4B | 8.2B | 10.6B | 7.1B | |
| Income Before Tax | 9.9B | 11.0B | 2.8B | 11.8B | 10.6B | 10.8B | |
| Total Other Income Expense Net | (659M) | (751M) | (179M) | (773M) | (2.1B) | (2.0B) | |
| Net Income | 7.2B | 8.1B | 2.2B | 9.0B | 7.8B | 7.6B | |
| Income Tax Expense | 2.3B | 2.4B | 593M | 2.2B | 2.3B | 2.1B | |
| Selling General Administrative | 8.8B | 7.5B | 8.4B | 8.1B | 10.1B | 7.7B | |
| Research Development | 465M | 495M | 617M | 642M | 709M | 492.1M | |
| Net Income Applicable To Common Shares | 7.2B | 8.1B | 9.1B | 9.0B | 10.4B | 8.2B | |
| Minority Interest | 543M | 536M | 601M | 479M | (455M) | (432.3M) | |
| Net Income From Continuing Ops | 7.6B | 8.6B | 9.6B | 9.4B | 8.3B | 8.9B | |
| Selling And Marketing Expenses | 8.7B | 7.4B | 8.3B | 148M | 506M | 480.7M | |
| Tax Provision | 2.3B | 2.4B | 2.7B | 2.2B | 2.3B | 2.1B | |
| Interest Income | 226M | 618M | 628M | 588M | 465M | 499.0M | |
| Net Interest Income | (570M) | (618M) | (628M) | (588M) | (1.1B) | (1.1B) | |
| Reconciled Depreciation | 964M | 981M | 96M | 1.2B | 1.4B | 1.0B |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Philip Morris. If investors know Philip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Philip Morris listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.493 | Dividend Share 5.25 | Earnings Share 6.3 | Revenue Per Share 23.958 | Quarterly Revenue Growth 0.084 |
The market value of Philip Morris Intern is measured differently than its book value, which is the value of Philip that is recorded on the company's balance sheet. Investors also form their own opinion of Philip Morris' value that differs from its market value or its book value, called intrinsic value, which is Philip Morris' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Philip Morris' market value can be influenced by many factors that don't directly affect Philip Morris' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Philip Morris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Philip Morris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Philip Morris' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.