PM vs XXII
Philip Morris International Inc. and 22nd Century Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PM | XXII |
|---|---|---|
| Revenue | $40.6B | $17.6M |
| Net income | $11.3B | $-5.1M |
| Gross margin | 67.1% | 42.1% |
| Net margin | 29.1% | −28.7% |
| Return on equity | · | −51.1% |
| Diluted EPS | $7.26 | −$52.87 |
| Dividend / share | $5.64 | · |
| Payout ratio | 76.0% | · |
| Free cash flow | $10.7B | $-7.8M |
| Equity | $-10.0B | $15.8M |
| Net debt / equity | · | −0.41× |
| Current ratio | 0.96× | 2.42× |
| Revenue CAGR 5y | 7.2% | −9.0% |
| Profit CAGR 5y | 7.1% | · |
PM bills 2311.3× the revenue of XXII, and XXII closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | PM | XXII |
|---|---|---|
| FY2025 | $40.6B | $17.6M |
| FY2024 | $37.9B | $24.4M |
| FY2023 | $35.2B | $32.2M |
| FY2022 | $31.8B | $40.5M |
| FY2021 | $31.4B | $30.9M |
| FY2020 | $28.7B | $28.1M |
| FY2019 | $29.8B | $25.8M |
| FY2018 | $29.6B | $26.4M |
| FY2017 | $28.7B | $16.6M |
| FY2016 | $26.7B | $12.3M |
Bottom line
| Fiscal year | PM | XXII |
|---|---|---|
| FY2025 | $11.3B | $-5.1M |
| FY2024 | $7.1B | $-15.2M |
| FY2023 | $7.8B | $-140.8M |
| FY2022 | $9.0B | $-59.8M |
| FY2021 | $9.1B | $-32.6M |
| FY2020 | $8.1B | $-19.7M |
| FY2019 | $7.2B | $-26.6M |
| FY2018 | $7.9B | $-8.0M |
| FY2017 | $6.0B | $-13.0M |
| FY2016 | $7.0B | $-11.6M |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$40,630,413,000 | PM |
| FY2024 | +$37,853,618,000 | PM |
| FY2023 | +$35,141,796,000 | PM |
| FY2022 | +$31,721,499,000 | PM |
| FY2021 | +$31,374,052,000 | PM |
| FY2020 | +$28,665,889,000 | PM |
| FY2019 | +$29,779,167,000 | PM |
| FY2018 | +$29,598,574,000 | PM |
| FY2017 | +$28,731,399,756 | PM |
| FY2016 | +$26,672,720,021 | PM |
| FY2015 | +$73,899,478,002 | PM |
| FY2014 | +$80,105,471,009 | PM |
| FY2013 | +$80,021,721,617 | PM |
| FY2012 | +$77,392,981,225 | PM |
| FY2011 | +$76,344,987,859 | PM |
| FY2010 | +$67,712,950,216 | PM |
PM has reported the higher revenue in every one of these 16 fiscal years. The gap has narrowed since the earliest year compared.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +57.9 pp | PM |
| FY2024 | +82.0 pp | PM |
| FY2023 | +669.5 pp | PM |
| FY2022 | +177.6 pp | PM |
| FY2021 | +136.3 pp | PM |
| FY2020 | +100.1 pp | PM |
| FY2019 | +128.7 pp | PM |
| FY2018 | +58.1 pp | PM |
| FY2017 | +183.6 pp | PM |
| FY2016 | +267.1 pp | PM |
| FY2015 | +417.6 pp | PM |
| FY2011 | +161.7 pp | PM |
PM has kept the higher net margin in every one of these 12 fiscal years.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
XXII's net margin has been more volatile than PM's over the 12 comparable fiscal years — 171.2 percentage points of standard deviation against 3.3.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PM led in net margin in every one of the 12 comparable fiscal years — a structural lead, not a recent swing.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.