Philip Morris
4I1.DE
€127.40 1.10%
Exchange: XETRA | Sector: Consumer Defensive | Industry: Tobacco
Q1 2025
Published: Apr 24, 2025

Earnings Highlights

  • Revenue of $9.25B up 5.2% year-over-year
  • EPS of $1.72 increased by 24.6% from previous year
  • Gross margin of 64.5%
  • Net income of 2.68B
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4I1.DE
Company 4I1.DE

Executive Summary

Philip Morris International (PMI) delivered a solid start to QQ1 2025 with revenue of $9.249 billion and strong gross and operating margins that underscore the durability of PMI’s high-margin, low-need-for-capex model in a mature tobacco market. The quarter showed a robust gross margin of 64.5% and an operating margin of 40.8%, supported by an EBIT of $3.775 billion and EBITDA of $4.012 billion. Net income reached $2.682 billion, translating to $1.72 per diluted share. On a YoY basis, margins improved (gross margin +6.6% YoY; operating margin +23.97% YoY; net income +24.9% YoY; EPS +24.6% YoY), while QoQ results reflect seasonality and a substantial working-capital swing that pressured cash flow from operations.

Key Performance Indicators

Revenue
Increasing
9.25B
QoQ: -4.71% | YoY: 5.19%
Gross Profit
Increasing
5.97B
64.53% margin
QoQ: -5.01% | YoY: 6.61%
Operating Income
Increasing
3.78B
QoQ: 15.83% | YoY: 23.97%
Net Income
Increasing
2.68B
QoQ: 563.21% | YoY: 24.86%
EPS
Increasing
1.72
QoQ: 564.86% | YoY: 24.64%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 10,845.00 2.23 +9.4% View
Q2 2025 10,140.00 1.95 +7.1% View
Q1 2025 9,249.00 1.72 +5.2% View
Q4 2024 9,706.00 -0.37 +7.3% View
Q3 2024 9,911.00 1.97 +8.4% View