Flagship explainer
How Philip Morris International Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $40.6B | 100% |
| |
| Cost of revenue | $13.4B | 33% |
|
| $27.3B | 67% |
| |
| $14.9B | 37% |
| |
| Income before tax | $13.9B | 34% |
|
| Income tax | $2.7B | 7% |
|
| $11.3B | 28% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001628280-26-005939