Philip Morris International (PM) Revenue — Quarter Ended Sep 30, 2024
Revenue for the third quarter increased compared to both the preceding quarter and the same quarter last year. The company continues to deliver growth in a competitive environment.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the third quarter increased compared to both the preceding quarter and the same quarter last year. The company continues to deliver growth in a competitive environment.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.9B
Revenue reported for this quarter.
Quarter-over-quarter
+4.7%
Change from the immediately preceding quarter.
Year-over-year
+8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$37.2B
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 |
|---|---|---|
| Dec 31, 2023 | $9B | +11.0% |
| Mar 31, 2024 | $8.8B | +9.7% |
| Jun 30, 2024 | $9.5B | +5.6% |
| Sep 30, 2024 | $9.9B | +8.4% |
Revenue performance
The quarter's revenue performance reflects sequential and year-over-year improvements.
Quarterly comparison
Revenue was higher than the prior quarter and also exceeded the level achieved in the same quarter one year earlier.
What to watch
Ongoing competitive pressures and shifts in consumer preferences remain key factors to monitor.