Philip Morris International Return on Assets (ROA) Growth & History (PM)
Philip Morris International's return on assets (roa) was 17.33% for fiscal 2025.
View full Philip Morris International company overviewPhilip Morris International annual return on assets (roa) history
| Fiscal year | Period ended | Return on assets (ROA) | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.33% | +6.22 pp |
| 2024 | 2024-12-31 | 11.11% | −1.20 pp |
| 2023 | 2023-12-31 | 12.31% | −5.27 pp |
| 2022 | 2022-12-31 | 17.57% | −3.58 pp |
| 2021 | 2021-12-31 | 21.16% | +2.78 pp |
| 2020 | 2020-12-31 | 18.37% | +0.99 pp |
| 2019 | 2019-12-31 | 17.38% | −1.73 pp |
| 2018 | 2018-12-31 | 19.12% | +3.99 pp |
| 2017 | 2017-12-31 | 15.12% | −4.56 pp |
| 2016 | 2016-12-31 | 19.68% | −0.20 pp |
| 2015 | 2015-12-31 | 19.88% | −0.55 pp |
| 2014 | 2014-12-31 | 20.43% | −2.19 pp |
| 2013 | 2013-12-31 | 22.62% | −1.44 pp |
| 2012 | 2012-12-31 | 24.06% | −0.30 pp |
| 2011 | 2011-12-31 | 24.36% | +3.50 pp |
| 2010 | 2010-12-31 | 20.86% | +2.07 pp |
| 2009 | 2009-12-31 | 18.78% | — |
Philip Morris International quarterly return on assets (roa)
| Fiscal quarter | Period ended | Return on assets (ROA) | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 15.90% | +3.64 pp |
| Q1 2026 | 2026-03-31 | 16.56% | +4.91 pp |
| Q4 2025 | 2025-12-31 | 17.33% | +6.22 pp |
| Q3 2025 | 2025-09-30 | 12.88% | −2.27 pp |
| Q2 2025 | 2025-06-30 | 12.26% | −1.53 pp |
| Q1 2025 | 2025-03-31 | 11.66% | −0.85 pp |
| Q4 2024 | 2024-12-31 | 11.11% | −1.20 pp |
| Q3 2024 | 2024-09-30 | 15.15% | −0.32 pp |
| Q2 2024 | 2024-06-30 | 13.79% | −1.86 pp |
| Q1 2024 | 2024-03-31 | 12.51% | −4.28 pp |
| Q4 2023 | 2023-12-31 | 12.31% | −5.27 pp |
| Q3 2023 | 2023-09-30 | 15.46% | −5.78 pp |
| Q2 2023 | 2023-06-30 | 15.65% | −6.60 pp |
| Q1 2023 | 2023-03-31 | 16.79% | −5.34 pp |
| Q4 2022 | 2022-12-31 | 17.57% | −3.58 pp |
| Q3 2022 | 2022-09-30 | 21.25% | −1.03 pp |
| Q2 2022 | 2022-06-30 | 22.25% | +0.02 pp |
| Q1 2022 | 2022-03-31 | 22.13% | −0.25 pp |
| Q4 2021 | 2021-12-31 | 21.16% | +2.78 pp |
| Q3 2021 | 2021-09-30 | 22.28% | +3.17 pp |
| Q2 2021 | 2021-06-30 | 22.22% | +3.80 pp |
| Q1 2021 | 2021-03-31 | 22.38% | +2.10 pp |
| Q4 2020 | 2020-12-31 | 18.37% | +0.99 pp |
| Q3 2020 | 2020-09-30 | 19.11% | +0.60 pp |
| Q2 2020 | 2020-06-30 | 18.42% | −1.00 pp |
| Q1 2020 | 2020-03-31 | 20.27% | +1.27 pp |
| Q4 2019 | 2019-12-31 | 17.38% | −1.73 pp |
| Q3 2019 | 2019-09-30 | 18.51% | +2.05 pp |
| Q2 2019 | 2019-06-30 | 19.42% | +3.25 pp |
| Q1 2019 | 2019-03-31 | 19.01% | +3.95 pp |
| Q4 2018 | 2018-12-31 | 19.12% | +3.99 pp |
| Q3 2018 | 2018-09-30 | 16.46% | −1.73 pp |
| Q2 2018 | 2018-06-30 | 16.17% | −2.94 pp |
| Q1 2018 | 2018-03-31 | 15.06% | −4.67 pp |
| Q4 2017 | 2017-12-31 | 15.12% | −4.56 pp |
| Q3 2017 | 2017-09-30 | 18.19% | −1.06 pp |
| Q2 2017 | 2017-06-30 | 19.11% | −0.17 pp |
| Q1 2017 | 2017-03-31 | 19.73% | +0.25 pp |
| Q4 2016 | 2016-12-31 | 19.68% | −0.20 pp |
| Q3 2016 | 2016-09-30 | 19.25% | −2.22 pp |
| Q2 2016 | 2016-06-30 | 19.28% | −2.30 pp |
| Q1 2016 | 2016-03-31 | 19.47% | −1.89 pp |
| Q4 2015 | 2015-12-31 | 19.88% | −0.55 pp |
| Q3 2015 | 2015-09-30 | 21.47% | −0.33 pp |
| Q2 2015 | 2015-06-30 | 21.58% | −0.34 pp |
| Q1 2015 | 2015-03-31 | 21.37% | −1.27 pp |
| Q4 2014 | 2014-12-31 | 20.43% | −2.19 pp |
| Q3 2014 | 2014-09-30 | 21.80% | −1.33 pp |
| Q2 2014 | 2014-06-30 | 21.92% | −1.58 pp |
| Q1 2014 | 2014-03-31 | 22.64% | −1.11 pp |
| Q4 2013 | 2013-12-31 | 22.62% | −1.44 pp |
| Q3 2013 | 2013-09-30 | 23.13% | +0.07 pp |
| Q2 2013 | 2013-06-30 | 23.50% | −0.58 pp |
| Q1 2013 | 2013-03-31 | 23.75% | −0.81 pp |
| Q4 2012 | 2012-12-31 | 24.06% | −0.30 pp |
| Q3 2012 | 2012-09-30 | 23.05% | −0.08 pp |
| Q2 2012 | 2012-06-30 | 24.08% | +1.54 pp |
| Q1 2012 | 2012-03-31 | 24.55% | +3.11 pp |
| Q4 2011 | 2011-12-31 | 24.36% | +3.50 pp |
| Q3 2011 | 2011-09-30 | 23.14% | +3.22 pp |
| Q2 2011 | 2011-06-30 | 22.54% | +1.46 pp |
| Q1 2011 | 2011-03-31 | 21.44% | +1.87 pp |
| Q4 2010 | 2010-12-31 | 20.86% | — |
| Q3 2010 | 2010-09-30 | 19.92% | — |
| Q2 2010 | 2010-06-30 | 21.08% | — |
| Q1 2010 | 2010-03-31 | 19.57% | — |
Philip Morris International return on assets (roa) trends
Over the last five fiscal years, Philip Morris International's return on assets (roa) decreased from 18.37% to 17.33%, a change of −1.04 percentage points. The latest reported quarter, Q2 2026, shows 15.90%.
What return on assets means
Return on assets measures profit relative to the assets used to generate it. It can help compare operating efficiency over time, although normal ROA differs substantially between asset-light and asset-intensive industries.
How return on assets is calculated
TickerStat calculates annual ROA as reported net income divided by average total assets. Quarterly observations use trailing-12-month net income and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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