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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Philip Morris International's Revenue by Segment

In fiscal year 2024, Philip Morris International's revenue by segment (products & services) are as follows:

  • Combustible Tobacco: $23.22 B
  • Smoke-free: $14.33 B

Learn more about Philip Morris International’s Revenue by Geography

Check out competitors to Philip Morris International in a side-by-side comparison.

Explore additional financial metrics for Philip Morris International.

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The above chart shows Philip Morris International's revenue percentage share by segment (products and services).

In fiscal year 2022, Philip Morris International's revenue by segment is as follows:

  • Combustible Tobacco generated $21.57 B in revenue, representing 67.92% of its total revenue.
  • Smoke-free generated $9.92 B in revenue, representing 31.23% of its total revenue.
  • Wellness and Healthcare generated $271.00 M in revenue, representing 0.85% of its total revenue.

The biggest segment for Philip Morris International is the Combustible Tobacco, which represents 67.92% of its total revenue.
The smallest segment for Philip Morris International is the Wellness and Healthcare, which represents 0.85% of its total revenue.

The above chart shows Philip Morris International's revenue percentage share by segment (products and services).

In fiscal year 2023, Philip Morris International's revenue by segment is as follows:

  • Combustible Tobacco generated $22.33 B in revenue, representing 63.5% of its total revenue.
  • Smoke-free generated $12.53 B in revenue, representing 35.63% of its total revenue.
  • Wellness and Healthcare generated $306.00 M in revenue, representing 0.87% of its total revenue.

The biggest segment for Philip Morris International is the Combustible Tobacco, which represents 63.5% of its total revenue.
The smallest segment for Philip Morris International is the Wellness and Healthcare, which represents 0.87% of its total revenue.

The above chart shows Philip Morris International's revenue percentage share by segment (products and services).

In fiscal year 2024, Philip Morris International's revenue by segment is as follows:

  • Combustible Tobacco generated $23.22 B in revenue, representing 61.84% of its total revenue.
  • Smoke-free generated $14.33 B in revenue, representing 38.16% of its total revenue.

The biggest segment for Philip Morris International is the Combustible Tobacco, which represents 61.84% of its total revenue.
The smallest segment for Philip Morris International is the Smoke-free, which represents 38.16% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Combustible Tobacco 67.92% 63.5% 61.84%
Smoke-free 31.23% 35.63% 38.16%
Wellness and Healthcare 0.85% 0.87% -
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Philip Morris International.

In fiscal year 2024, the Combustible Tobacco generated the most revenue ($23.22 B), and the Smoke-free generated the least revenue ($14.33 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Combustible Tobacco revenue increased 3.96% ($884.00 M) from $22.33 B (in 2023) to $23.22 B (in 2024).
  • Smoke-free revenue increased 14.31% ($1.79 B) from $12.53 B (in 2023) to $14.33 B (in 2024).
  • Wellness and Healthcare revenue decreased -100% ($306.00 M) from $306.00 M (in 2023) to $0.00 (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Combustible Tobacco $21.57 B - $22.33 B
    3.53%
    $23.22 B
    3.96%
    Smoke-free $9.92 B - $12.53 B
    26.36%
    $14.33 B
    14.31%
    Wellness and Healthcare $271.00 M - $306.00 M
    12.92%
    - -
    Total Revenue $31.76 B - $35.17 B
    10.74%
    $37.55 B
    6.74%