The sun may be setting on the cigarette industry, but Philip Morris (NYSE:PM) still generates a ridiculous amount of money. Over the last 12 months, it earned $28 billion in revenue, ranking 89th among S&P 500 companies. What does the 115-year-old business do with all this money? The slideshow below provides an answer.
Viewers of the slideshow will learn two interesting points, among other things, from scrolling through it:
- First, Philip Morris distributes a much larger share of its income via dividends than other leading companies do.
- Second, the Switzerland-based firm enjoys meaningfully wider profit margins than the typical large-cap stock.
What else can investors learn about Philip Morris from an analysis of its revenue flows? Scroll through the brief slideshow below to find out.