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Philip Morris International vs 22nd Century: revenue, profit, margins and growth compared

Philip Morris International brought in $40.6B of revenue in fiscal 2025, 22nd Century $17.6M in fiscal 2025. Revenue changed by +7.3% at Philip Morris International and -27.9% at 22nd Century on the year before, so Philip Morris International grew faster. Philip Morris International kept 27.9% of its revenue as net profit, 22nd Century -28.7%. Free cash flow was $10.7B at Philip Morris International and -$7.8M at 22nd Century.

Side by side, latest fiscal year

PMXXII
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$40.6B$17.6M
Revenue growth+7.3%-27.9%
Net income$11.3B-$5.1M
Net margin27.9%-28.7%
Free cash flow$10.7B-$7.8M
Free cash flow margin26.2%-44.3%
Earnings per share (diluted)$7.26-$52.87
Cash$4.9B$7.1M
Debt$48.7B$708K
Price to earnings26.2n/a
Market value$296.9B$949.6K
Dividend yield2.96%n/a
Rank by revenue in sector#19 of 646 · Health care#443 of 646 · Health care

Over the years

Revenue
PM FY2018: $79.8BPM FY2019: $77.9BPM FY2020: $76BPM FY2021: $82.2BPM FY2022: $80.7BPM FY2023: $35.2BPM FY2024: $37.9BPM FY2025: $40.6BXXII FY2018: $26.4MXXII FY2019: $25.8MXXII FY2020: $28.1MXXII FY2021: $30.9MXXII FY2022: $40.5MXXII FY2023: $32.2MXXII FY2024: $24.4MXXII FY2025: $17.6MFY18FY19FY20FY21FY22FY23FY24FY25
PM $40.6BXXII $17.6M
Net income
PM FY2018: $7.9BPM FY2019: $7.2BPM FY2020: $8.1BPM FY2021: $9.1BPM FY2022: $9BPM FY2023: $7.8BPM FY2024: $7.1BPM FY2025: $11.3BXXII FY2018: -$8MXXII FY2019: -$26.6MXXII FY2020: -$19.7MXXII FY2021: -$32.6MXXII FY2022: -$59.8MXXII FY2023: -$140.8MXXII FY2024: -$15.2MXXII FY2025: -$5.1MFY18FY19FY20FY21FY22FY23FY24FY25
PM $11.3BXXII -$5.1M
Net margin
PM FY2018: 9.9%PM FY2019: 9.2%PM FY2020: 10.6%PM FY2021: 11.1%PM FY2022: 11.2%PM FY2023: 22.2%PM FY2024: 18.6%PM FY2025: 27.9%XXII FY2018: -30.1%XXII FY2019: -102.8%XXII FY2020: -70.1%XXII FY2021: -105.4%XXII FY2022: -147.7%XXII FY2023: -437.1%XXII FY2024: -62.2%XXII FY2025: -28.7%FY18FY19FY20FY21FY22FY23FY24FY25
PM 27.9%XXII -28.7%
Revenue growth
PM FY2019: -2.4%PM FY2020: -2.4%PM FY2021: +8.1%PM FY2022: -1.9%PM FY2023: -56.4%PM FY2024: +7.7%PM FY2025: +7.3%XXII FY2019: -2.2%XXII FY2020: +8.8%XXII FY2021: +10.1%XXII FY2022: +30.9%XXII FY2023: -20.5%XXII FY2024: -24.3%XXII FY2025: -27.9%FY19FY20FY21FY22FY23FY24FY25
PM +7.3%XXII -27.9%
Free cash flow
PM FY2018: $8BPM FY2019: $9.2BPM FY2020: $9.2BPM FY2021: $11.2BPM FY2022: $9.7BPM FY2023: $7.9BPM FY2024: $10.8BPM FY2025: $10.7BXXII FY2019: -$15.1MXXII FY2020: -$15.7MXXII FY2021: -$23.6MXXII FY2022: -$55.4MXXII FY2023: -$59.6MXXII FY2024: -$14.5MXXII FY2025: -$7.8MFY18FY19FY20FY21FY22FY23FY24FY25
PM $10.7BXXII -$7.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Philip Morris International and 22nd Century

Which is bigger by revenue, Philip Morris International or 22nd Century?

Philip Morris International is bigger by revenue: $40.6B in fiscal 2025, against $17.6M for 22nd Century in fiscal 2025.

Which keeps more of its revenue as profit, Philip Morris International or 22nd Century?

Philip Morris International had a net margin of 27.9% in fiscal 2025; 22nd Century had -28.7% in fiscal 2025.

Which grew revenue faster, Philip Morris International or 22nd Century?

In their latest fiscal years revenue changed by +7.3% at Philip Morris International and -27.9% at 22nd Century.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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