2024 Q4 Form 10-Q Financial Statement

#000076418024000102 Filed on October 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $6.259B
YoY Change -0.35%
Cost Of Revenue $1.536B
YoY Change -2.66%
Gross Profit $3.808B
YoY Change 2.95%
Gross Profit Margin 60.84%
Selling, General & Admin $634.0M
YoY Change 10.45%
% of Gross Profit 16.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.00M
YoY Change -7.5%
% of Gross Profit 1.94%
Operating Expenses $634.0M
YoY Change 10.45%
Operating Profit $3.152B
YoY Change 2.04%
Interest Expense -$267.0M
YoY Change 24.77%
% of Operating Profit -8.47%
Other Income/Expense, Net $25.00M
YoY Change -24.24%
Pretax Income $3.026B
YoY Change 4.06%
Income Tax $733.0M
% Of Pretax Income 24.22%
Net Earnings $2.293B
YoY Change 5.86%
Net Earnings / Revenue 36.64%
Basic Earnings Per Share $1.34
Diluted Earnings Per Share $1.34
COMMON SHARES
Basic Shares Outstanding 1.695B shares 1.706B shares
Diluted Shares Outstanding 1.703B shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.897B
YoY Change 23.42%
Cash & Equivalents $1.897B
Short-Term Investments
Other Short-Term Assets $210.0M
YoY Change -66.24%
Inventory $1.101B
Prepaid Expenses
Receivables
Other Receivables $87.00M
Total Short-Term Assets $3.499B
YoY Change 3.22%
LONG-TERM ASSETS
Property, Plant & Equipment $1.618B
YoY Change -0.68%
Goodwill $6.945B
YoY Change 2.27%
Intangibles $13.01B
YoY Change -5.22%
Long-Term Investments $8.153B
YoY Change -17.7%
Other Assets $942.0M
YoY Change -8.1%
Total Long-Term Assets $30.67B
YoY Change -7.29%
TOTAL ASSETS
Total Short-Term Assets $3.499B
Total Long-Term Assets $30.67B
Total Assets $34.17B
YoY Change -6.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $510.0M
YoY Change 4.08%
Accrued Expenses $3.944B
YoY Change -2.47%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $1.585B
YoY Change 41.39%
Total Short-Term Liabilities $7.996B
YoY Change -22.97%
LONG-TERM LIABILITIES
Long-Term Debt $23.57B
YoY Change -1.7%
Other Long-Term Liabilities $1.596B
YoY Change -7.1%
Total Long-Term Liabilities $25.17B
YoY Change -2.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.996B
Total Long-Term Liabilities $25.17B
Total Liabilities $37.59B
YoY Change -5.63%
SHAREHOLDERS EQUITY
Retained Earnings $34.21B
YoY Change 11.18%
Common Stock $6.825B
YoY Change -0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $41.88B
YoY Change 8.69%
Treasury Stock Shares
Shareholders Equity -$3.468B
YoY Change
Total Liabilities & Shareholders Equity $34.17B
YoY Change -6.31%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $2.293B
YoY Change 5.86%
Depreciation, Depletion And Amortization $74.00M
YoY Change -7.5%
Cash From Operating Activities $2.611B
YoY Change -11.55%
INVESTING ACTIVITIES
Capital Expenditures $31.00M
YoY Change -22.5%
Acquisitions
YoY Change
Other Investing Activities -$10.00M
YoY Change -100.59%
Cash From Investing Activities -$41.00M
YoY Change -102.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.478B
YoY Change -37.03%
NET CHANGE
Cash From Operating Activities 2.611B
Cash From Investing Activities -41.00M
Cash From Financing Activities -2.478B
Net Change In Cash 92.00M
YoY Change -86.02%
FREE CASH FLOW
Cash From Operating Activities $2.611B
Capital Expenditures $31.00M
Free Cash Flow $2.580B
YoY Change -11.4%

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mo Gain Loss From Equity Securities
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mo Gain Loss From Equity Securities
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CY2024Q3 mo Gain Loss From Equity Securities
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CY2023Q3 mo Gain Loss From Equity Securities
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mo Gain On Sale Of Iqos System Commercialization Rights
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mo Gain On Sale Of Iqos System Commercialization Rights
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CY2024Q3 mo Gain On Sale Of Iqos System Commercialization Rights
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CY2023Q4 us-gaap Loss Contingency Accrual At Carrying Value
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CY2024Q2 us-gaap Loss Contingency Accrual At Carrying Value
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CY2020Q4 mo Loss Contingency Number Of Complaints
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