Philip Morris Revenue, Profits - PM Annual Income Statement

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$84.27 $1.37 (1.6%) PM stock closing price Apr 20, 2018 (Closing)

PM stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Philip Morris stock price. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 74.95B to 78.1B and how operating and non operating activities have impacted the PM stock. Revenue for year 2017 is $78.1B and has increased from $74.95B year on year as is evident when you compare the latest figures in the latest Philip Morris profit and loss statement with those of the prior corresponding period. Also see Philip Morris assets and Philip Morris free cash flow for a complete valuation of PM stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Philip Morris Revenues or Net Sales
78.1B74.95B73.91B80.11B80.03B77.39B76.35B67.71B62.08B63.64B
Cost Of Goods Sold (COGS)59.78B57.66B56.48B60.78B59.22B56.39B55.93B50.22B46.07B47.26B
Philip Morris Gross Profit
18.32B17.29B17.43B19.33B20.81B21B20.42B17.5B16.01B16.38B
Research & Development Expense----------
Selling General & Admin Expense6.73B6.41B6.72B7.54B7.2B7.06B6.99B6.21B5.9B6.09B
Income Before Depreciation Depletion Amortization11.59B10.89B10.71B11.8B13.61B13.94B13.43B11.29B10.11B10.29B
Depreciation Depletion Amortization88M74M82M93M93M97M98M88M74M44M
Non Operating Income----------
Interest Expense914M891M1.01B1.05B973M859M800M876M797M311M
Philip Morris Pretax Income
10.59B9.92B9.62B10.65B12.54B12.99B12.53B10.32B9.24B9.94B
Provision for Income Taxes4.31B2.77B2.69B3.1B3.67B3.83B3.65B2.83B2.69B2.79B
MinorityInterest306M283M159M165M274M354M288M239M210M260M
Investment Gains Losses59M94M105M105M-22M-----
Other Income----------
Income Before Extraordinaries & Disc Operations6.34B7.25B7.03B7.66B8.85B9.15B8.88B7.5B6.55B6.89B
Extraordinary Items & Discontinued Operations----------
Philip Morris Profit/ Loss (Net Income)
6.04B6.97B6.87B7.49B8.58B8.8B8.59B7.26B6.34B6.89B
Average Shares used to compute Diluted EPS1.55B1.55B1.55B1.57B1.62B1.7B1.77B1.85B1.95B2.08B
Average Shares used to compute Basic EPS1.55B1.55B1.55B1.57B1.62B1.7B1.77B1.85B1.95B2.07B
Income Before Nonrecurring Items7.67B6.97B6.85B9.16B8.8B8.89B8.64B7.16B6.44B6.73B
Income from Nonrecurring Items-1.63B---1.67B-227.08M-85.11M-51.19M99.82M-97.2M164.08M
Philip Morris Earnings Per Share Basic Net
3.884.484.424.765.265.174.853.933.253.33
Philip Morris Earnings Per Share Diluted Net
3.88M4.48M4.42M4.76M5.26M5.17M4.85M3.92M3.24M3.32M
EPS Diluted Before Nonrecurring Items4.934.484.425.825.405.224.883.873.293.24
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common4.224.124.043.883.583.242.822.442.241.54
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Philip Morris stock analysis. An investor must check the following items in an income statement:

  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth - See: Philip Morris revenue chart implies that the company is growing. It has been the case with Philip Morris. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $6.04B for PM stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called statement of revenue and expense. The PM financials along with Philip Morris historical stock prices provide a lot of details about the firm.

Philip Morris Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
21.78
PS Ratio (price sales ratio)
1.91
Operating Margin
35.2
Net Profit Margin
22.6
Dividend Yield
3.77%