Philip Morris International (PM) Revenue — Quarter Ended Jun 30, 2024
Philip Morris International reported higher revenue for the quarter. The increase reflects continued business momentum.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Philip Morris International reported higher revenue for the quarter. The increase reflects continued business momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.5B
Revenue reported for this quarter.
Quarter-over-quarter
+7.7%
Change from the immediately preceding quarter.
Year-over-year
+5.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $9.1B | +13.8% |
| Dec 31, 2023 | $9B | +11.0% |
| Mar 31, 2024 | $8.8B | +9.7% |
| Jun 30, 2024 | $9.5B | +5.6% |
Revenue performance
Revenue increased during the quarter, indicating sustained demand for the company’s products.
Quarterly comparison
Revenue rose compared to the immediately preceding quarter and also exceeded the level from the same period one year earlier.
What to watch
Monitor the impact of evolving adult consumer preferences and economic conditions on future revenue trends.