In 2016, we announced our commitment to delivering a smoke-free future.

With every results statement, we are demonstrating our progress toward that vision of one day replacing cigarettes with scientifically substantiated smoke-free alternatives that, while not risk-free, are a much better choice for those adults who would otherwise continue to smoke.

Our full-year 2022 results reveal our extraordinary progress:

32.1 percent

icoBill

24.9 million

icoEmployee

17.8 million (70 percent)

icoTransition

73 markets

icoSustainability

USD 10.5 billion

icoGrowth

32.1 percent of our total net revenues for the year come from smoke-free products, with 17 markets generating over 50 percent of their total net revenues from smoke-free products.

There are 24.9 million total users of our heated tobacco products. **
Approximately 17.8 million (70 percent) have switched to our heated tobacco products and stopped smoking. ***
Our smoke-free products are available in 73 markets.
Since 2008, PMI has invested more than USD 10.5 billion to develop, scientifically substantiate, and commercialize innovative smoke-free products.

 

 

We are well on our way to becoming a majority smoke-free company. Smoke-free products now account for almost one-third of our total net revenues for the year.
Jacek Olczak, CEO, Philip Morris International
Our multicategory approach
Learn more about our multicategory approach
img_pmi.com_multicategory_landing_smoke-free_catalogue_news_piece

Explore the smoke-free categories offering adults who don’t quit cigarettes a better alternative

We’re growing our portfolio of smoke-free products to provide every type of adult smoker with better options. So, what are these smoke-free categories and how do they differ?
3 min read Read more
Young woman standing in a street
Committed to preventing youth uptake of our products 5 min read
Old plastic due to be recycled
Eco-design: Driving PMI’s ambition to make products that last 4 min read
Tattooed man standing in a forest
Managing waste from our smoke-free consumables 5 min read
Green fields
What PMI is doing to help adult smokers in low- and middle-income countries 4 min read

Important Note: This newsletter should be read in conjunction with the Philip Morris International Inc. earnings release dated February 9, 2023, available on www.pmi.com. Key terms, definitions, forward-looking, and cautionary statements, and explanatory notes, as well as reconciliations of non-GAAP financial measures to the most directly comparable U.S. GAAP measures, are set forth in the earnings release referenced above.

Share this article