Philip Morris International Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.75B | $26.69B | $73.91B | $80.11B | $80.03B | $77.39B | $76.35B | $67.71B |
| Cost of Revenue | $10.43B | $9.39B | $9.37B | $10.44B | $10.41B | $10.37B | $10.68B | $9.71B |
| Gross Profit | $18.32B | $17.29B | $17.43B | $19.33B | $20.81B | $21.00B | $20.42B | $17.50B |
| Gross Margin | 63.7% | 64.8% | 23.6% | 24.1% | 26.0% | 27.1% | 26.7% | 25.8% |
| Operating Expenses | ||||||||
| Research & Development | $453.0M | $429.0M | $423.0M | $433.0M | $449.0M | $415.0M | $413.0M | $391.0M |
| SG&A Expense | $164.0M | $161.0M | $162.0M | $165.0M | $187.0M | $210.0M | — | — |
| Operating Income | $11.58B | $10.90B | $10.62B | $11.70B | $13.52B | $13.86B | $13.34B | $11.20B |
| Operating Margin | 40.3% | 40.9% | 14.4% | 14.6% | 16.9% | 17.9% | 17.5% | 16.5% |
| Interest Expense | $1.10B | $1.07B | $1.13B | $1.17B | $1.10B | $1.01B | $934.0M | $974.0M |
| Pretax Income | $10.59B | $9.92B | $9.62B | $10.65B | $12.54B | $13.00B | $12.54B | $10.32B |
| Income Tax Expense | $4.31B | $2.77B | $2.69B | $3.10B | $3.67B | $3.83B | $3.65B | $2.83B |
| Net Income | $6.04B | $6.97B | $6.87B | $7.49B | $8.58B | $8.80B | $8.59B | $7.26B |
| Net Margin | 21.0% | 26.1% | 9.3% | 9.4% | 10.7% | 11.4% | 11.3% | 10.7% |
| EPS (Basic) | $3.88 | $4.48 | $4.42 | $4.76 | $5.26 | $5.17 | $4.85 | $3.93 |
| EPS (Diluted) | $3.88 | $4.48 | $4.42 | $4.76 | $5.26 | $5.17 | $4.85 | $3.92 |
| Shares Outstanding (Basic) | 1.55B | 1.55B | 1.55B | 1.59B | 1.62B | 1.69B | 1.76B | 1.84B |
| Shares Outstanding (Diluted) | 1.55B | 1.55B | 1.55B | 1.59B | 1.62B | 1.69B | 1.76B | 1.84B |
| Dividends Per Share | $4.22 | $4.12 | $4.04 | $3.88 | $3.58 | $3.24 | $2.82 | $2.44 |