KPIs & Operating Metrics(New)
Growth Metrics

Philip Morris International (PM) Gross Margin (2016 - 2026)

Philip Morris International's Gross Margin history spans 18 years, with the latest figure at 68.06% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 64.0% to 68.06% in Q1 2026 year-over-year; TTM through Mar 2026 was 67.3%, a 160.0% increase, with the full-year FY2025 number at 67.12%, up 231.0% from a year prior.
  • Gross Margin hit 68.06% in Q1 2026 for Philip Morris International, up from 65.64% in the prior quarter.
  • Over the last five years, Gross Margin for PM hit a ceiling of 68.06% in Q1 2026 and a floor of 26.57% in Q1 2022.
  • Historically, Gross Margin has averaged 62.69% across 5 years, with a median of 64.73% in 2024.
  • The widest YoY moves for Gross Margin: up 7827bps in 2022, down -206430bps in 2022.
  • Tracing PM's Gross Margin over 5 years: stood at 60.61% in 2022, then grew by 2bps to 61.73% in 2023, then rose by 5bps to 64.73% in 2024, then rose by 1bps to 65.64% in 2025, then grew by 4bps to 68.06% in 2026.
  • Business Quant data shows Gross Margin for PM at 68.06% in Q1 2026, 65.64% in Q4 2025, and 67.85% in Q3 2025.