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FY'25FY'24FY'23FY'22
Net revenues (Notes 5 & 11) by Product
Combustible Tobacco Products$23.79B+2.5%$23.22B+4.0%$22.33B+3.5%$21.57B-2.2%
Smoke-Free Products$16.86B+15.0%$14.66B+14.2%$12.84B+26.0%$10.19B+9.1%

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Questions, answered.

How does Philip Morris International break its business down?
Philip Morris International (PM) reports net revenues by business across 3 parts — International Combustibles, International Smoke-Free and U.S.. Each is extracted from the segment footnotes and tracked over time.
Where does Philip Morris International's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Philip Morris International's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.