Philip Morris (PM) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Philip Morris Revenue Highlights

Latest Revenue (Y)

$186.00M

Latest Revenue (Q)

$9.91B

Main Segment (Y)

Europe Segment

Main Geography (Y)

European Union

Philip Morris Revenue by Period

Philip Morris Revenue by Year

Date	Revenue	Change
2024-12-31	$186.00M	-99.47%
2023-12-31	$35.17B	10.74%
2022-12-31	$31.76B	1.14%
2021-12-31	$31.41B	9.45%
2020-12-31	$28.69B	-3.73%
2019-12-31	$29.80B	0.61%
2018-12-31	$29.63B	3.05%
2017-12-31	$28.75B	7.73%
2016-12-31	$26.68B	-0.41%
2015-12-31	$26.79B	-9.99%
2014-12-31	$29.77B	-4.64%
2013-12-31	$31.22B	-0.51%
2012-12-31	$31.38B	0.90%
2011-12-31	$31.10B	14.29%
2010-12-31	$27.21B	8.68%
2009-12-31	$25.04B	-2.61%
2008-12-31	$25.70B	12.75%
2007-12-31	$22.80B	-52.76%
2006-12-31	$48.26B	6.56%
2005-12-31	$45.29B	35.64%
2003-12-31	$33.39B	312.01%
2001-09-01	$8.10B	-

Philip Morris generated $186.00M in revenue during NA 2024, up -99.47% compared to the previous quarter, and up 0.62% compared to the same period a year ago.

Philip Morris Revenue by Quarter

Date	Revenue	Change
2024-09-30	$9.91B	5.36%
2024-06-30	$9.41B	6.98%
2024-03-31	$8.79B	-2.81%
2023-12-31	$9.05B	-1.03%
2023-09-30	$9.14B	1.94%
2023-06-30	$8.97B	11.82%
2023-03-31	$8.02B	-1.63%
2022-12-31	$8.15B	1.49%
2022-09-30	$8.03B	2.55%
2022-06-30	$7.83B	1.11%
2022-03-31	$7.75B	-4.42%
2021-12-31	$8.10B	-0.22%
2021-09-30	$8.12B	6.95%
2021-06-30	$7.59B	0.12%
2021-03-31	$7.58B	1.89%
2020-12-31	$7.44B	-0.03%
2020-09-30	$7.45B	11.95%
2020-06-30	$6.65B	-7.02%
2020-03-31	$7.15B	-7.26%
2019-12-31	$7.71B	0.93%
2019-09-30	$7.64B	-0.74%
2019-06-30	$7.70B	14.04%
2019-03-31	$6.75B	-9.97%
2018-12-31	$7.50B	-0.07%
2018-09-30	$7.50B	-2.87%
2018-06-30	$7.73B	12.04%
2018-03-31	$6.90B	-16.86%
2017-12-31	$8.29B	10.99%
2017-09-30	$7.47B	8.04%
2017-06-30	$6.92B	14.07%
2017-03-31	$6.06B	-13.01%
2016-12-31	$6.97B	-0.16%
2016-09-30	$6.98B	5.01%
2016-06-30	$6.65B	9.30%
2016-03-31	$6.08B	-4.83%
2015-12-31	$6.39B	-7.72%
2015-09-30	$6.93B	0.99%
2015-06-30	$6.86B	3.67%
2015-03-31	$6.62B	-8.07%
2014-12-31	$7.20B	-8.39%
2014-09-30	$7.86B	0.76%
2014-06-30	$7.80B	12.72%
2014-03-31	$6.92B	-11.20%
2013-12-31	$7.79B	-1.74%
2013-09-30	$7.93B	0.13%
2013-06-30	$7.92B	4.39%
2013-03-31	$7.58B	-3.87%
2012-12-31	$7.89B	-0.39%
2012-09-30	$7.92B	-2.46%
2012-06-30	$8.12B	9.02%
2012-03-31	$7.45B	-2.91%
2011-12-31	$7.67B	-8.26%
2011-09-30	$8.36B	1.08%
2011-06-30	$8.27B	21.82%
2011-03-31	$6.79B	-3.50%
2010-12-31	$7.04B	6.40%
2010-09-30	$6.61B	-6.33%
2010-06-30	$7.06B	8.70%
2010-03-31	$6.50B	-3.29%
2009-12-31	$6.72B	1.97%
2009-09-30	$6.59B	7.39%
2009-06-30	$6.13B	9.59%
2009-03-31	$5.60B	-2.03%
2008-12-31	$5.71B	-17.83%
2008-09-30	$6.95B	3.64%
2008-06-30	$6.71B	5.99%
2008-03-31	$6.33B	-

Philip Morris generated $9.91B in revenue during Q3 2024, up 5.36% compared to the previous quarter, and up 110.53% compared to the same period a year ago.

Philip Morris Revenue Breakdown

Philip Morris Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 18
Americas Segment	$4.53B	$1.94B	-	-	-
Smoke-Free Products	$14.33B	$12.84B	-	-	-
SSEA, CIS & MEA Segment	$11.26B	$10.63B	-	-	-
EA, AU & PMI DF Segment	$6.39B	$6.20B	-	-	-
Wellness and Healthcare Segment	$333.00M	$306.00M	-	-	-
Europe Segment	$15.36B	$13.60B	-	-	-
Swedish Match AB Segment	-	$2.50B	-	-	-
Combustible Products	-	$22.33B	-	-	-
European Union Segment	-	-	$12.12B	$12.28B	-
Other Segments	-	-	-	$101.00M	-
Reduced-Risk Products	-	-	-	-	$4.10B

Philip Morris's latest annual revenue breakdown by segment (product or service), as of Dec 24: Europe Segment (29.42%), Smoke-Free Products (27.44%), SSEA, CIS & MEA Segment (21.57%), EA, AU & PMI DF Segment (12.25%), Americas Segment (8.68%), and Wellness and Healthcare Segment (0.64%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
Smoke-Free Products	$3.55B	$3.78B	$3.61B	$3.39B	$3.49B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Combustible Products	-	$6.13B	$5.86B	$5.41B	$5.46B	$5.72B	$5.04B	$5.60B	$6.30B	$6.23B	$5.51B	$6.68B	$6.71B	-	-	-	-	-	-	-
Europe Segment	-	-	-	-	$3.61B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EA, AU & PMI DF Segment	-	-	-	-	$1.43B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wellness and Healthcare Segment	-	-	-	-	$69.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SSEA, CIS & MEA Segment	-	-	-	-	$2.71B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Americas Segment	-	-	-	-	$545.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Swedish Match AB Segment	-	-	-	-	$682.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
European Union Segment	-	-	-	-	-	$3.07B	$3.14B	$3.01B	$3.19B	$3.15B	-	-	-	-	-	-	-	-	-	-
Other Segments	-	-	-	-	-	-	-	$66.00M	-	-	-	-	-	-	-	-	-	-	-	-
Reduced-Risk Products	-	-	-	-	-	-	-	-	-	-	$2.12B	$1.73B	$1.61B	$1.55B	$1.34B	$1.47B	$1.24B	$1.13B	$823.00M	$1.02B

Philip Morris's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Smoke-Free Products (100.00%).

Philip Morris Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
European Union	$15.36B	$13.60B	$2.65B	-	-
Americas Segment	$4.53B	$1.94B	$1.90B	$1.84B	-
East Asia And Australia	$6.39B	$6.20B	$2.96B	-	-
Europe Segment	-	$13.60B	-	-	-
Middle East And Africa Segment	-	-	$3.90B	$3.29B	-
Eastern Europe Segment	-	-	$3.73B	$3.54B	-
East Asia And Australia Segment	-	-	$5.13B	$5.95B	-
South And Southeast Asia Segment	-	-	$4.39B	$4.40B	-
European Union Segment	-	-	$12.12B	$12.28B	-
Eastern Europe	-	-	-	-	$1.13B
Latin America And Canada	-	-	-	-	$31.00M
Middle East And Africa	-	-	-	-	$57.00M
South And Southeast Asia	-	-	-	-	$1.00M

Philip Morris's latest annual revenue breakdown by geography, as of Dec 24: European Union (58.43%), East Asia And Australia (24.32%), and Americas Segment (17.25%).

Quarterly Revenue by Country

Country	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Americas Segment	$1.26B	$1.15B	$1.13B	$996.00M	$545.00M	$478.00M	$476.00M	$445.00M	$474.00M	$469.00M	$424.00M	$456.00M	-	-	-	-	-	-	-	-
European Union	$4.06B	$4.12B	$3.81B	$3.37B	$3.61B	$959.00M	$788.00M	$706.00M	$530.00M	$624.00M	$482.00M	$467.00M	-	-	-	-	-	-	-	-
East Asia And Australia	$1.43B	$1.60B	$1.67B	$1.68B	$824.00M	$792.00M	$753.00M	$802.00M	$613.00M	$651.00M	$572.00M	-	-	-	-	-	-	-	-	-
Swedish Match AB Segment	-	-	-	-	$682.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
South And Southeast Asia	-	-	-	-	$2.71B	$2.00M	$1.18B	-	-	-	$1.49B	-	-	-	-	-	-	-	-	-
Europe Segment	-	-	-	-	$3.61B	$3.67B	$3.40B	$2.91B	-	-	-	-	-	-	-	-	-	-	-	-
Wellness and Healthcare Segment	-	-	-	-	$69.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
East Asia & Australia Segment	-	-	-	-	$1.43B	$1.20B	$1.21B	$1.40B	$1.52B	$1.51B	-	-	-	-	-	-	-	-	-	-
South & Southeast Asia Segment	-	-	-	-	-	-	-	-	$1.14B	$1.03B	$1.12B	$1.06B	$1.05B	-	-	-	-	-	-	-
Middle East & Africa Segment	-	-	-	-	-	-	-	-	$980.00M	$1.01B	$246.00M	$945.00M	$560.00M	-	-	-	-	-	-	-
European Union Segment	-	-	-	-	-	-	-	-	$3.07B	$3.14B	$3.01B	$3.19B	$3.15B	-	-	-	-	-	-	-
Eastern Europe Segment	-	-	-	-	-	-	-	-	$1.11B	$898.00M	$726.00M	$941.00M	$895.00M	-	-	-	-	-	-	-
Latin America & Canada Segment	-	-	-	-	-	-	-	-	-	-	-	-	$430.00M	-	-	-	-	-	-	-
Eastern Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	$304.00M	$339.00M	$263.00M	$261.00M	$265.00M	$318.00M	$235.00M
Latin America And Canada	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.00M	$11.00M	$7.00M	$5.00M	$8.00M	$9.00M	$7.00M
Middle East And Africa	-	-	-	-	-	-	-	-	-	-	-	-	-	$21.00M	$5.00M	-	$8.00M	$44.00M	$73.00M	$63.00M

Philip Morris's latest quarterly revenue breakdown by geography, as of Dec 24: European Union (60.08%), East Asia And Australia (21.24%), and Americas Segment (18.68%).

Philip Morris Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BTI	British American Tobacco p.l.c.	$27.28B	$13.84B
MO	Altria Group	$24.02B	$6.26B
UVV	Universal	$2.75B	$597.05B
TPB	Turning Point Brands	$360.66M	$163.18M
PM	Philip Morris	$186.00M	$9.91B

PM Revenue FAQ

What is Philip Morris’s yearly revenue?

Philip Morris's yearly revenue for 2024 was $186M, representing a decrease of -99.47% compared to 2023. The company's yearly revenue for 2023 was $35.17B, representing an increase of 10.74% compared to 2022. PM's yearly revenue for 2022 was $31.76B, representing an increase of 1.14% compared to 2021.

What is Philip Morris’s quarterly revenue?

Philip Morris's quarterly revenue for Q3 2024 was $9.91B, a 5.36% increase from the previous quarter (Q2 2024), and a 8.42% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $9.41B, a 6.98% increase from the previous quarter (Q1 2024), and a 4.91% increase year-over-year (Q2 2023). PM's quarterly revenue for Q1 2024 was $8.79B, a -2.81% decrease from the previous quarter (Q4 2023), and a 9.65% increase year-over-year (Q1 2023).

What is Philip Morris’s revenue growth rate?

Philip Morris's revenue growth rate for the last 3 years (2022-2024) was -99.41%, and for the last 5 years (2020-2024) was -99.35%.

What are Philip Morris’s revenue streams?

Philip Morris's revenue streams in c 24 are Americas Segment, Smoke-Free Products, SSEA, CIS & MEA Segment, EA, AU & PMI DF Segment, Wellness and Healthcare Segment, and Europe Segment. Americas Segment generated $4.53B in revenue, accounting 8.68% of the company's total revenue, up 133.23% year-over-year. Smoke-Free Products generated $14.33B in revenue, accounting 27.44% of the company's total revenue, up 11.58% year-over-year. SSEA, CIS & MEA Segment generated $11.26B in revenue, accounting 21.57% of the company's total revenue, up 5.95% year-over-year. EA, AU & PMI DF Segment generated $6.39B in revenue, accounting 12.25% of the company's total revenue, up 3.10% year-over-year. Wellness and Healthcare Segment generated $333M in revenue, accounting 0.64% of the company's total revenue, up 8.82% year-over-year. Europe Segment generated $15.36B in revenue, accounting 29.42% of the company's total revenue, up 12.94% year-over-year.

What is Philip Morris’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Philip Morris was Europe Segment. This segment made a revenue of $15.36B, representing 29.42% of the company's total revenue.