Philip Morris International Future Growth

Future criteria checks 2/6

Philip Morris International is forecast to grow earnings and revenue by 9.4% and 6.6% per annum respectively. EPS is expected to grow by 9.6% per annum. Return on equity is forecast to be 192.3% in 3 years.

Key information

9.4%

Earnings growth rate

9.6%

EPS growth rate

Tobacco earnings growth	0%
Revenue growth rate	6.6%
Future return on equity	192.3%
Analyst coverage	Good
Last updated	18 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BASE:PM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	42,947	11,886	12,720	14,157	8
12/31/2025	39,856	10,813	11,250	12,837	11
12/31/2024	37,696	9,839	10,879	11,836	10
9/30/2024	37,219	9,805	10,040	11,517	N/A
6/30/2024	36,449	8,779	10,121	11,590	N/A
3/31/2024	35,948	7,944	8,941	10,400	N/A
12/31/2023	35,174	7,791	7,883	9,204	N/A
9/30/2023	34,279	7,991	7,638	8,995	N/A
6/30/2023	33,170	8,025	7,410	8,648	N/A
3/31/2023	32,035	8,689	7,603	8,730	N/A
12/31/2022	31,762	9,024	9,726	10,803	N/A
9/30/2022	31,714	8,721	10,723	11,742	N/A
6/30/2022	31,804	9,058	11,625	12,544	N/A
3/31/2022	31,566	8,996	11,852	12,650	N/A
12/31/2021	31,405	9,083	11,219	11,967	N/A
9/30/2021	30,745	8,966	10,498	11,097	N/A
6/30/2021	30,069	8,849	10,242	10,841	N/A
3/31/2021	29,126	8,626	8,525	9,136	N/A
12/31/2020	28,694	8,036	9,210	9,812	N/A
9/30/2020	28,963	7,677	9,356	9,974	N/A
6/30/2020	29,159	7,266	7,783	8,443	N/A
3/31/2020	30,207	7,639	9,262	9,960	N/A
12/31/2019	29,805	7,168	9,238	10,090	N/A
9/30/2019	29,591	7,463	8,158	9,188	N/A
6/30/2019	29,453	7,814	7,624	8,788	N/A
3/31/2019	29,480	7,692	7,944	9,339	N/A
12/31/2018	29,625	7,895	8,042	9,478	N/A
9/30/2018	30,420	6,680	8,322	9,977	N/A
6/30/2018	30,389	6,404	N/A	10,214	N/A
3/31/2018	29,580	5,987	N/A	9,449	N/A
12/31/2017	28,748	6,021	N/A	8,912	N/A
9/30/2017	27,425	7,036	N/A	8,140	N/A
6/30/2017	26,934	7,002	N/A	9,312	N/A
3/31/2017	26,666	7,010	N/A	8,458	N/A
12/31/2016	26,685	6,948	N/A	8,077	N/A
9/30/2016	26,106	6,486	N/A	7,800	N/A
6/30/2016	26,051	6,489	N/A	7,401	N/A
3/31/2016	26,261	6,586	N/A	8,702	N/A
12/31/2015	26,794	6,849	N/A	7,865	N/A
9/30/2015	27,599	7,209	N/A	7,347	N/A
6/30/2015	28,528	7,419	N/A	7,619	N/A
3/31/2015	29,466	7,381	N/A	6,649	N/A
12/31/2014	29,767	7,459	N/A	7,739	N/A
9/30/2014	30,359	7,831	N/A	8,705	N/A
6/30/2014	30,430	8,014	N/A	9,055	N/A
3/31/2014	30,550	8,283	N/A	9,487	N/A
12/31/2013	31,217	8,531	N/A	10,135	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PM's forecast earnings growth (9.4% per year) is above the savings rate (8.7%).

Earnings vs Market: PM's earnings (9.4% per year) are forecast to grow slower than the AR market (21.5% per year).

High Growth Earnings: PM's earnings are forecast to grow, but not significantly.

Revenue vs Market: PM's revenue (6.6% per year) is forecast to grow slower than the AR market (14.3% per year).

High Growth Revenue: PM's revenue (6.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PM's Return on Equity is forecast to be very high in 3 years time (192.3%).

Philip Morris International Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Philip Morris International Inc. Announces Earnings Guidance for the Year 2024

Philip Morris International Inc. Provides Earnings Guidance for the Full Year 2024

Philip Morris International Inc. Revises Earnings Guidance for the Full Year 2024