# Philip Morris International Inc. (PM) · Edgar & Edgarette company card

> Philip Morris International (PM) grew revenue 7.3% in FY2025 to $40.6 billion, operating margin 36.6%, equity -14.4% of assets, and dividend per share up 17 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1413329 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PM) · [JSON](https://www.pops4.com/boards/company/PM.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $40.6B |
| Revenue growth, 1 year | 7.3% |
| Revenue growth per year | -16.1% |
| Operating margin | 36.6% (prior year 35.4%) |
| Net margin | 29.1% |
| Operating cash flow | $12.2B |
| Capital spending | $1.6B |
| Free cash flow | $10.7B |
| Cash | $4.9B |
| Long-term debt | $48.7B |
| Total assets | $69.2B |
| Total equity | −$10.0B |
| Equity ÷ assets | -14.4% |
| Return on equity | — |
| Dividend per share | $5.64 |
| Dividend years rising | 17 |

## Readings, computed from those figures

- Altman Z: 2.88 (safe zone)
- Piotroski F: 8 of 9 (strong)
- Health Harbor boat: Old boat · three warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); slow and jumpy: growing slower than its size class, with revenue that swings more; revenue is hard to predict: its 80% range is ±40%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $40.6B (FY2025), total debt $48.7B. Experience: revenue up 7.3% on the year, down 16.1% a year over 4 years; operating margin 36.6%, up from 35.4%. Soundness: equity -14.4% of assets (liabilities exceed assets), payout 72.8% of profit, dividend per share up 17 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $23.6B and $55.4B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $16.2B to $77.9B. A statistical range, not company guidance.

Range logged 2026-09-26, receipt 24a4f3f3326bf040, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-07-09 ([filing](https://www.sec.gov/Archives/edgar/data/1413329/000162828026047782/0001628280-26-047782-index.htm))

## Recent filings

- 10-Q · filed 2026-10-23 · [filing](https://www.sec.gov/Archives/edgar/data/1413329/000162828026066976/0001628280-26-066976-index.htm)
- 8-K · filed 2026-10-21 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1413329/000162828026066596/0001628280-26-066596-index.htm)
- 8-K · filed 2026-09-18 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1413329/000162828026062621/0001628280-26-062621-index.htm)
- 8-K · filed 2026-09-08 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1413329/000162828026060822/0001628280-26-060822-index.htm)
- 8-K · filed 2026-09-08 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1413329/000162828026060806/0001628280-26-060806-index.htm)
- 8-K · filed 2026-08-24 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1413329/000162828026058513/0001628280-26-058513-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001413329.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1413329

## Cite

POPS4, Edgar & Edgarette: Philip Morris International Inc. (PM) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/PM. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.