Philip Morris (PM) stock price, revenue, and financials

Philip Morris market cap is $109.7 b, and annual revenue was $29.81 b in FY 2019

$109.7 B

PM Mkt cap, 22-May-2020

$7.2 B

Philip Morris Revenue Q1, 2020
Philip Morris Gross profit (Q1, 2020)4.8 B
Philip Morris Gross profit margin (Q1, 2020), %66.4%
Philip Morris Net income (Q1, 2020)2 B
Philip Morris EBIT (Q1, 2020)2.8 B
Philip Morris Cash, 31-Mar-20203.7 B
Philip Morris EV134.3 B

Philip Morris Revenue

Philip Morris revenue was $29.81 b in FY, 2019

Embed Graph

Philip Morris Income Statement

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

67.7b76.3b77.4b80.0b80.1b73.9b75.0b78.1b29.6b29.8b

Revenue growth, %

0%(8%)1%

Cost of goods sold

9.7b10.7b10.4b10.4b10.4b9.4b9.4b10.4b10.8b10.5b

Gross profit

58.0b65.7b67.0b69.6b69.7b64.5b65.6b67.7b18.9b19.3b

Gross profit Margin, %

86%86%87%87%87%87%87%87%64%65%

Sales and marketing expense

402.0m464.0m483.0m

R&D expense

391.0m413.0m415.0m

Operating expense total

6.3b7.1b7.2b6.8b7.5b8.8b

Depreciation and amortization

88.0m82.0m66.0m

EBIT

11.2b13.3b13.8b13.5b11.7b10.6b10.8b11.5b11.4b10.5b

EBIT margin, %

17%17%18%17%15%14%14%15%38%35%

Interest expense

974.0m934.0m1.0b973.0m1.1b1.0b891.0m

Interest income

98.0m134.0m148.0m

Pre tax profit

10.3b12.5b13.0b12.5b10.7b9.6b9.9b10.6b10.7b9.9b

Income tax expense

2.8b3.7b3.8b3.7b3.1b2.7b2.8b4.3b2.4b2.3b

Net Income

7.3b8.6b8.8b8.9b7.7b7.0b7.3b6.0b7.9b7.2b

Quarterly

USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

15.6b17.4b16.9b16.5b20.2b20.7b18.0b20.0b19.6b18.5b20.5b20.6b17.8b21.1b21.3b17.4b18.8b19.4b16.8b19.0b19.9b16.6b19.3b20.6b6.9b7.7b7.5b6.8b7.7b7.6b7.2b

Cost of goods sold

2.4b2.6b2.3b2.3b2.8b2.8b2.4b2.7b2.6b2.5b2.7b2.6b2.4b2.7b2.7b2.2b2.4b2.4b2.1b2.4b2.4b2.2b2.5b2.7b2.6b2.7b2.6b2.5b2.7b2.6b2.4b

Gross profit

13.2b14.8b14.6b14.2b17.4b17.9b15.6b17.4b17.0b16.0b17.8b18.0b15.4b18.4b18.6b15.1b16.4b17.0b14.7b16.7b17.5b14.4b16.8b17.9b4.3b5.0b4.9b4.3b5.0b5.0b4.8b

Gross profit Margin, %

85%85%86%86%86%86%86%87%87%87%87%87%87%87%87%87%87%88%88%88%88%87%87%87%62%64%65%63%65%66%66%

General and administrative expense

41.0m37.0m

Operating expense total

1.4b1.6b1.5b1.5b1.7b1.8b1.6b1.9b1.7b1.7b1.9b1.7b1.6b2.2b1.8b1.5b1.6b1.6b1.5b1.5b1.6b1.5b1.7b1.7b1.9b1.9b1.7b2.2b1.8b2.2b2.0b

Depreciation and amortization

243.0m23.0m22.0m22.0m23.0m22.0m21.0m19.0m18.0m19.0m19.0m22.0m22.0m21.0m22.0m21.0m20.0m19.0m16.0m15.0m18.0m

EBIT

2.7b2.9b2.8b3.0b3.7b3.7b3.4b3.6b3.6b3.4b3.3b3.6b3.0b2.9b3.3b2.9b2.9b3.0b2.5b2.8b3.0b2.4b2.7b3.1b2.4b3.1b3.2b2.1b3.2b2.8b2.8b

EBIT margin, %

17%17%17%18%18%18%19%18%18%18%16%17%17%14%16%17%15%15%15%14%15%14%14%15%35%40%42%30%41%36%39%

Interest expense

223.0m214.0m213.0m208.0m192.0m213.0m209.0m211.0m236.0m246.0m

Investment income

38.0m23.0m20.0m28.0m22.0m

Pre tax profit

2.8b3.5b3.5b3.2b3.4b3.4b3.2b3.1b3.4b2.7b2.6b3.1b2.6b2.6b2.7b2.2b2.5b2.8b2.2b2.5b2.8b2.2b2.9b3.0b1.9b3.0b2.6b2.6b

Income tax expense

738.0m641.0m730.0m807.0m1.0b1.0b958.0m988.0m1.1b933.0m892.0m952.0m776.0m752.0m918.0m785.0m743.0m748.0m630.0m716.0m764.0m541.0m689.0m812.0m559.0m644.0m691.0m424.0m611.0m635.0m596.0m

Net Income

1.7b2.0b1.8b1.9b2.4b2.4b2.2b2.3b2.2b2.1b2.1b2.3b1.9b1.9b2.2b1.8b1.9b1.9b1.5b1.8b1.9b1.6b1.8b2.0b1.6b2.2b2.2b1.4b2.3b1.9b2.0b

Philip Morris Balance Sheet

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.7b2.6b3.0b2.2b1.7b3.4b4.2b8.4b6.6b6.9b

Accounts Receivable

3.0b3.2b3.6b3.7b3.0b3.1b

Prepaid Expenses

356.0m591.0m619.0m603.0m481.0m701.0m

Inventories

8.3b8.1b8.9b8.8b8.8b9.2b

Current Assets

13.8b14.9b16.6b16.9b15.5b15.8b17.6b21.6b19.4b20.5b

PP&E

6.5b6.3b6.6b6.8b6.1b5.7b6.1b7.3b7.2b6.6b

Goodwill

10.2b9.9b9.9b8.9b8.4b7.4b7.3b7.7b7.2b5.9b

Total Assets

35.1b35.5b37.7b38.2b35.2b34.0b36.9b43.0b39.8b42.9b

Accounts Payable

835.0m1.0b1.1b1.3b1.2b1.3b1.7b2.2b2.1b2.3b

Dividends Payable

1.2b1.3b1.4b1.5b1.6b1.6b1.6b1.7b1.8b1.8b

Short-term debt

1.4b2.2b2.8b3.7b2.5b3.2b3.2b3.0b4.8b4.4b

Current Liabilities

12.8b14.8b17.0b17.1b15.1b15.4b16.5b16.0b17.2b18.8b

Long-term debt

13.4b14.8b17.6b24.0b26.9b25.3b25.9b31.3b27.0b26.7b

Total Debt

14.8b17.0b20.4b27.7b29.5b28.5b29.1b34.3b31.8b31.0b

Total Liabilities

29.9b33.7b39.5b53.2b50.5b52.5b

Common Stock

4.9b5.0b

Additional Paid-in Capital

1.2b1.2b1.3b723.0m710.0m1.9b2.0b2.0b1.9b2.0b

Retained Earnings

18.1b21.8b25.1b29.9b31.0b31.0b

Total Equity

3.9b551.0m(3.2b)(6.3b)(11.2b)(11.5b)(10.9b)(10.2b)(10.7b)(9.6b)

Debt to Equity Ratio

-4.4 x-2.6 x-2.5 x-2.7 x-3.4 x-3 x

Debt to Assets Ratio

0.7 x0.8 x0.8 x0.8 x0.8 x0.8 x

Financial Leverage

8.9 x64.4 x-11.9 x-6.1 x-3.1 x-3 x-3.4 x-4.2 x-3.7 x-4.5 x

Quarterly

USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

850.0m1.6b3.5b1.3b2.2b3.4b3.6b3.8b4.8b4.0b3.6b3.4b1.8b1.5b2.0b1.5b1.8b2.4b2.9b3.8b4.9b5.1b6.2b7.7b7.2b6.6b5.9b3.1b4.0b6.5b3.7b

Accounts Receivable

3.2b3.2b3.0b3.0b3.4b3.2b3.5b3.6b3.6b3.6b4.0b3.7b3.4b4.1b3.8b3.7b3.6b3.3b3.0b3.1b3.1b3.1b3.6b4.0b3.4b2.9b2.9b3.0b3.5b3.1b2.8b

Prepaid Expenses

483.0m310.0m423.0m483.0m445.0m631.0m614.0m435.0m584.0m732.0m612.0m585.0m447.0m403.0m573.0m1.0b680.0m804.0m811.0m689.0m654.0m711.0m857.0m924.0m907.0m744.0m696.0m807.0m826.0m810.0m

Inventories

8.3b7.5b8.2b8.3b7.9b7.5b7.3b7.3b8.2b8.0b8.2b8.0b8.7b8.3b8.0b7.6b7.2b7.2b8.7b8.0b7.5b8.0b7.7b8.3b8.6b8.9b8.4b8.3b8.3b8.5b9.0b

Current Assets

13.1b12.9b15.5b13.4b14.3b15.1b15.3b15.6b17.6b16.7b16.8b16.0b14.8b14.7b14.8b14.3b13.8b14.1b15.9b16.0b16.6b16.9b18.4b20.9b20.6b20.0b18.5b15.7b17.2b19.6b16.9b

PP&E

6.5b6.2b6.6b6.7b6.8b6.4b6.4b6.2b6.4b6.5b6.4b6.6b6.7b6.6b6.3b5.7b5.8b5.6b5.9b5.9b6.1b6.3b6.6b6.9b7.5b7.1b7.1b6.9b6.9b6.6b6.1b

Goodwill

10.0b9.8b10.2b10.5b10.7b10.1b10.1b9.7b9.9b9.8b9.5b9.2b9.0b9.1b8.7b7.9b7.9b7.4b7.7b7.6b7.6b7.5b7.6b7.7b7.7b7.3b7.3b5.8b5.8b5.7b5.3b

Total Assets

34.2b33.3b36.9b35.6b36.8b36.2b36.4b35.8b38.3b37.4b37.1b36.8b36.1b36.3b35.4b33.3b32.7b32.0b34.6b34.8b35.6b36.6b38.7b42.0b43.1b40.7b39.4b38.0b39.9b41.4b37.5b

Accounts Payable

956.0m871.0m1.1b964.0m1.0b1.1b1.0b1.0b1.1b967.0m1.0b1.1b1.1b1.1b1.3b1.0b1.1b1.2b1.5b1.5b1.6b1.7b1.9b2.0b2.2b2.0b1.7b1.8b1.7b1.7b2.1b

Dividends Payable

1.1b1.1b1.2b1.2b1.1b1.4b1.3b1.3b1.4b1.4b1.4b1.5b1.5b1.5b1.6b1.6b1.6b1.6b1.6b1.6b1.6b1.6b1.6b1.7b1.7b1.8b1.8b1.8b1.8b1.8b1.8b

Short-term debt

1.2b78.0m1.4b3.2b3.3b2.3b1.4b3.3b2.8b3.3b1.3b4.9b3.7b2.3b3.4b5.0b4.6b3.1b3.1b1.9b3.1b2.8b5.2b5.9b5.3b3.6b3.6b7.1b5.0b5.4b3.4b

Current Liabilities

9.6b10.0b13.7b14.3b14.8b16.1b15.3b16.8b16.7b14.5b14.7b16.0b14.0b13.6b15.1b15.0b15.4b14.1b14.1b12.7b14.3b13.4b17.2b18.5b17.7b17.4b15.6b18.5b18.0b18.0b16.6b

Long-term debt

14.8b14.3b13.6b11.9b13.0b12.9b15.3b14.8b17.5b20.8b21.6b21.9b26.0b27.2b25.4b25.6b24.6b25.8b26.7b28.1b27.0b28.6b26.6b28.1b29.6b28.0b28.2b23.1b24.9b26.4b25.0b

Total Debt

16.0b14.4b15.0b15.1b16.4b15.2b16.8b18.1b20.3b24.1b22.8b26.8b29.7b29.5b28.8b30.6b29.2b28.9b29.8b30.0b30.1b31.3b31.7b34.0b34.8b31.7b31.8b30.3b29.9b31.8b28.4b

Total Liabilities

27.8b27.8b30.8b30.0b31.6b32.6b34.8b35.7b38.2b40.2b41.1b42.7b43.3b44.2b44.1b45.5b44.5b44.2b45.5b45.6b45.9b47.2b48.9b51.6b53.6b50.9b49.3b48.2b49.3b50.6b48.6b

Common Stock

2.1b2.1b2.1b2.1b

Additional Paid-in Capital

1.2b1.3b1.2b1.1b1.2b1.2b1.2b1.2b1.3b1.3b1.3b679.0m608.0m649.0m692.0m613.0m757.0m783.0m1.9b1.9b1.9b1.9b1.9b1.9b1.9b1.9b1.9b1.9b1.9b2.0b2.0b

Retained Earnings

16.0b16.9b17.5b18.9b20.2b21.2b22.6b23.6b24.4b25.8b26.5b27.4b28.2b28.6b29.2b29.5b29.8b30.2b29.8b30.0b30.3b30.4b30.5b30.8b30.0b30.4b30.9b30.6b31.1b31.2b31.0b

Total Equity

5.2b4.4b4.9b4.3b4.0b2.4b378.0m(1.1b)(1.2b)(4.1b)(5.2b)(7.2b)(7.2b)(7.8b)(8.7b)(12.2b)(11.8b)(12.2b)(10.9b)(10.8b)(10.3b)(10.6b)(10.3b)(9.6b)(10.5b)(10.2b)(9.9b)(10.2b)(9.4b)(9.2b)(11.1b)

Debt to Equity Ratio

-3.7 x-4.1 x-3.8 x-3.3 x-2.5 x-2.5 x-2.4 x-2.7 x-2.8 x-2.9 x-3 x-3.1 x-3.5 x-3.3 x-3.1 x-3.2 x-3 x-3.2 x-3.5 x

Debt to Assets Ratio

0.7 x0.8 x0.8 x0.8 x0.9 x0.9 x0.9 x0.9 x0.9 x0.8 x0.9 x0.8 x0.8 x0.8 x0.8 x0.8 x0.8 x0.7 x0.8 x

Financial Leverage

6.6 x7.6 x7.5 x8.2 x9.3 x14.9 x96.3 x-32.1 x-33 x-9.2 x-7.1 x-5.1 x-5 x-4.6 x-4.1 x-2.7 x-2.8 x-2.6 x-3.2 x-3.2 x-3.4 x-3.5 x-3.8 x-4.4 x-4.1 x-4 x-4 x-3.7 x-4.2 x-4.5 x-3.4 x

Philip Morris Cash Flow

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

7.3b8.6b8.8b8.9b7.7b7.0b7.3b6.3b8.3b7.7b

Depreciation and Amortization

932.0m993.0m898.0m875.0m989.0m964.0m

Accounts Receivable

123.0m(251.0m)(398.0m)(92.0m)53.0m(331.0m)

Inventories

1.1b(36.0m)(728.0m)(1.4b)105.0m(841.0m)(695.0m)730.0m(613.0m)(548.0m)

Accounts Payable

(72.0m)199.0m10.0m103.0m177.0m310.0m373.0m425.0m(51.0m)451.0m

Cash From Operating Activities

9.4b10.5b9.4b10.1b7.7b7.9b8.1b8.9b9.5b10.1b

Purchases of PP&E

(713.0m)(897.0m)(1.1b)(1.5b)(1.4b)(852.0m)

Capital Expenditures

(1.2b)(1.2b)(960.0m)(1.2b)

Cash From Investing Activities

(710.0m)(1.0b)(992.0m)(2.7b)(996.0m)(708.0m)(968.0m)(3.0b)(998.0m)(1.8b)

Short-term Borrowings

9.0m968.0m(1.5b)(1.6b)(989.0m)

Long-term Borrowings

(183.0m)(1.5b)(2.2b)(2.6b)(2.5b)(4.0b)

Dividends Paid

(4.4b)(4.8b)(5.4b)(5.7b)(6.0b)(6.2b)(6.4b)(6.5b)(6.9b)(7.2b)

Cash From Financing Activities

(8.6b)(8.3b)(8.1b)(8.2b)(6.8b)(4.7b)(5.4b)(2.8b)(9.7b)(8.1b)

Net Change in Cash

163.0m847.0m433.0m4.2b(1.9b)245.0m

Interest Paid

912.0m963.0m986.0m978.0m1.1b1.0b1.1b1.1b882.0m800.0m

Income Taxes Paid

2.7b3.4b3.4b(331.0m)(230.0m)(42.0m)(209.0m)3.4b2.7b2.4b

Free Cash Flow

11.3b8.9b8.8b9.2b

Quarterly

USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

1.8b3.7b5.5b1.9b4.3b6.7b2.2b4.5b6.7b2.1b4.2b6.8b1.9b3.8b6.0b1.8b3.8b5.7b1.6b3.4b5.5b1.7b3.5b5.5b1.6b3.9b6.3b1.5b3.9b5.9b2.0b

Depreciation and Amortization

223.0m447.0m677.0m239.0m488.0m743.0m227.0m449.0m665.0m222.0m441.0m659.0m211.0m427.0m660.0m192.0m377.0m561.0m175.0m360.0m548.0m197.0m451.0m632.0m242.0m488.0m734.0m240.0m507.0m709.0m241.0m

Accounts Receivable

(28.0m)(270.0m)160.0m138.0m(250.0m)(191.0m)(151.0m)(413.0m)(392.0m)(67.0m)(534.0m)(206.0m)395.0m(245.0m)(176.0m)54.0m62.0m175.0m(175.0m)(385.0m)(398.0m)504.0m(14.0m)(118.0m)(113.0m)(65.0m)112.0m4.0m(773.0m)(506.0m)116.0m

Inventories

1.2b1.4b1.3b478.0m996.0m970.0m1.0b577.0m(137.0m)806.0m472.0m546.0m1.1b1.5b1.3b393.0m809.0m588.0m49.0m699.0m1.2b1.2b1.7b1.2b338.0m(526.0m)(149.0m)237.0m386.0m(64.0m)(575.0m)

Accounts Payable

17.0m120.0m82.0m116.0m186.0m179.0m23.0m80.0m1.0m61.0m26.0m35.0m2.0m127.0m44.0m38.0m170.0m223.0m272.0m180.0m84.0m136.0m247.0m(62.0m)(128.0m)(376.0m)(7.0m)(101.0m)(31.0m)(65.0m)

Cash From Operating Activities

2.0b5.4b7.9b2.4b6.5b9.6b1.9b5.4b7.8b1.4b4.5b7.8b715.0m3.4b6.4b(375.0m)3.3b6.0b462.0m2.8b5.9b843.0m4.1b6.0b1.4b5.4b7.1b1.2b4.7b6.8b1.1b

Purchases of PP&E

(150.0m)(319.0m)(483.0m)(159.0m)(345.0m)(568.0m)(227.0m)(476.0m)(719.0m)(240.0m)(520.0m)(821.0m)(256.0m)(508.0m)(804.0m)(203.0m)(413.0m)(636.0m)(226.0m)(480.0m)(734.0m)(292.0m)(560.0m)(995.0m)(365.0m)(774.0m)(1.1b)(324.0m)(502.0m)(696.0m)(170.0m)

Cash From Investing Activities

(104.0m)(251.0m)(446.0m)(175.0m)(421.0m)(682.0m)(224.0m)(512.0m)(691.0m)(222.0m)(491.0m)(1.5b)(208.0m)(544.0m)(773.0m)68.0m(224.0m)(388.0m)(419.0m)(437.0m)(943.0m)(579.0m)(1.2b)(2.3b)(1.0b)(683.0m)(1.2b)(1.6b)(1.7b)(1.6b)514.0m

Short-term Borrowings

890.0m(654.0m)32.0m1.2b(488.0m)(2.8b)(1.9b)(1.4b)947.0m101.0m(516.0m)(465.0m)(1.1b)(1.4b)(13.0m)(989.0m)(989.0m)

Long-term Borrowings

(68.0m)(68.0m)(23.0m)(35.0m)(1.5b)(1.7b)(1.7b)(2.2b)(739.0m)(2.7b)(2.7b)(1.2b)(1.2b)(1.2b)(399.0m)(400.0m)(1.2b)(827.0m)(2.1b)(2.1b)(814.0m)(815.0m)(2.1b)(2.5b)(2.5b)(2.1b)(3.0b)(3.0b)(3.6b)

Dividends Paid

(1.1b)(2.2b)(3.3b)(1.2b)(2.3b)(3.4b)(1.3b)(2.7b)(4.0b)(1.4b)(2.8b)(4.2b)(1.5b)(3.0b)(4.5b)(1.6b)(3.1b)(4.7b)(1.6b)(3.2b)(4.8b)(1.6b)(3.2b)(4.9b)(1.7b)(3.3b)(5.1b)(1.8b)(3.6b)(5.3b)(1.8b)

Cash From Financing Activities

(2.5b)(5.0b)(5.5b)(2.7b)(5.7b)(7.1b)(783.0m)(3.5b)(4.9b)(53.0m)(3.3b)(5.9b)(805.0m)(3.5b)(5.6b)525.0m(2.6b)(4.5b)(593.0m)(2.0b)(3.6b)341.0m(1.6b)(1.2b)(1.7b)(6.0b)(7.9b)(3.2b)(5.6b)(5.1b)(4.5b)

Net Change in Cash

(690.0m)44.0m2.0b(381.0m)475.0m1.7b1.0b1.3b2.3b998.0m603.0m399.0m(331.0m)(613.0m)(111.0m)(158.0m)156.0m711.0m(473.0m)397.0m1.5b837.0m2.0b3.4b(1.2b)(1.9b)(2.6b)(3.5b)(2.6b)(109.0m)(3.1b)

Philip Morris Ratios

USDY, 2020

EV/EBIT

48.2 x

EV/CFO

120.9 x

Financial Leverage

-3.4 x

Philip Morris Employee Rating

3.81937 votes
Culture & Values
3.5
Work/Life Balance
3.6
Senior Management
3.2
Salary & Benefits
4.3
Career Opportunities
3.5
Source