Superworth

Philip Morris International profit margin PM

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
24.8%
Operating margin, 12 months
38.6%
Net margin on a year earlier
+3.3 pts
Peer median
10.4%

Over the twelve months to Sep 30, 2026, Philip Morris International kept 24.8% of its revenue as net profit, with an operating margin of 38.6%.

Five years earlier its net margin was 29.2%.

The median for 10 consumer staples stocks of a similar size is 10.4%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY202527.9%36.6%67.2%
FY202418.6%35.4%64.8%
FY202322.2%32.9%63.3%
FY202228.5%38.6%64.1%
FY202129.0%41.3%68.1%
FY202028.1%40.7%66.7%
FY201924.1%35.3%64.7%
FY201826.7%38.4%63.7%
FY201721.0%40.3%63.7%
FY201626.1%40.5%64.8%
FY201525.7%39.6%65.0%
FY201425.2%39.3%64.9%
FY201327.5%43.3%66.7%
FY201228.0%44.2%66.9%
FY201127.6%42.9%65.7%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q3 FY2624.8%+3.3 pts38.6%
Q2 FY2625.6%+4.5 pts37.7%
Q1 FY2626.7%+6.9 pts36.7%
Q4 FY2527.9%+9.3 pts36.6%
Q3 FY2521.6%−4.8 pts37.0%
Q2 FY2521.1%−3.1 pts36.3%
Q1 FY2519.8%−2.4 pts36.2%
Q4 FY2418.6%−3.6 pts35.4%
Q3 FY2426.4%+3.0 pts35.0%
Q2 FY2424.2%−0.1 pts35.0%
Q1 FY2422.2%−5.0 pts33.0%
Q4 FY2322.2%−6.3 pts32.9%

Against its peers

Companies in Consumer Defensive nearest Philip Morris International's size, closest first, today.

CompanyProfit margin
PMPhilip Morris International24.8%
PGProcter & Gamble18.2%
KOCoca-Cola28.6%
COSTCostco Wholesale3.0%
PEPPepsiCo11.1%
MOAltria39.0%
WMTWalmart3.0%
MNSTMonster Beverage23.1%
MDLZMondelez International8.9%
CLColgate-Palmolive9.7%
TGTTarget4.1%
Peer median10.4%

Where Philip Morris International ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Philip Morris International

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.