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Side-by-side financial comparison of BNY Mellon (BK) and Philip Morris International (PM). Click either name above to swap in a different company.
Philip Morris International is the larger business by last-quarter revenue ($10.1B vs $5.4B, roughly 1.9× BNY Mellon). BNY Mellon runs the higher net margin — 30.1% vs 24.0%, a 6.1% gap on every dollar of revenue. On growth, BNY Mellon posted the faster year-over-year revenue change (12.9% vs 9.1%). Over the past eight quarters, BNY Mellon's revenue compounded faster (129.2% CAGR vs 3.5%).
The Bank of New York Mellon Corporation, commonly known as BNY or by its prior brand name BNY Mellon, is an American international financial services company headquartered in New York City. It was established in its current form in July 2007 by the merger of the Bank of New York and Mellon Financial Corporation.
Philip Morris International Inc. (PMI) is a tobacco company, with products sold in over 180 countries. Marlboro is PMI’s most recognized brand, but in the last quarter of 2023, Iqos generated the greatest revenue. Philip Morris International is often referred to as one of the companies comprising Big Tobacco. The company ranked No. 121 in the 2025 Fortune 500 list of the largest US corporations by total revenue.
BK vs PM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $10.1B |
| Net Profit | $1.6B | $2.4B |
| Gross Margin | — | 68.1% |
| Operating Margin | — | 38.4% |
| Net Margin | 30.1% | 24.0% |
| Revenue YoY | 12.9% | 9.1% |
| Net Profit YoY | 33.4% | -9.0% |
| EPS (diluted) | $2.24 | $1.56 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $5.4B | $10.1B | ||
| Q4 25 | $1.3B | $10.4B | ||
| Q3 25 | $1.2B | $10.8B | ||
| Q2 25 | $1.2B | $10.1B | ||
| Q1 25 | $1.2B | $9.3B | ||
| Q4 24 | $1.2B | $9.7B | ||
| Q3 24 | $1.0B | $9.9B | ||
| Q2 24 | $1.0B | $9.5B |
| Q1 26 | $1.6B | $2.4B | ||
| Q4 25 | $1.5B | $2.1B | ||
| Q3 25 | $1.4B | $3.5B | ||
| Q2 25 | $1.4B | $3.0B | ||
| Q1 25 | $1.2B | $2.7B | ||
| Q4 24 | $1.2B | $-579.0M | ||
| Q3 24 | $1.2B | $3.1B | ||
| Q2 24 | $1.2B | $2.4B |
| Q1 26 | — | 68.1% | ||
| Q4 25 | — | 65.6% | ||
| Q3 25 | — | 67.8% | ||
| Q2 25 | — | 67.7% | ||
| Q1 25 | — | 67.3% | ||
| Q4 24 | — | 64.7% | ||
| Q3 24 | — | 66.0% | ||
| Q2 24 | — | 64.7% |
| Q1 26 | — | 38.4% | ||
| Q4 25 | — | 32.6% | ||
| Q3 25 | — | 39.3% | ||
| Q2 25 | — | 36.6% | ||
| Q1 25 | — | 38.1% | ||
| Q4 24 | — | 33.6% | ||
| Q3 24 | — | 36.9% | ||
| Q2 24 | — | 36.4% |
| Q1 26 | 30.1% | 24.0% | ||
| Q4 25 | 108.5% | 20.7% | ||
| Q3 25 | 116.9% | 32.1% | ||
| Q2 25 | 118.3% | 30.0% | ||
| Q1 25 | 105.3% | 28.9% | ||
| Q4 24 | 96.7% | -6.0% | ||
| Q3 24 | 112.8% | 31.1% | ||
| Q2 24 | 113.4% | 25.4% |
| Q1 26 | $2.24 | $1.56 | ||
| Q4 25 | $2.01 | $1.36 | ||
| Q3 25 | $1.88 | $2.23 | ||
| Q2 25 | $1.93 | $1.95 | ||
| Q1 25 | $1.58 | $1.72 | ||
| Q4 24 | $1.53 | $-0.37 | ||
| Q3 24 | $1.50 | $1.97 | ||
| Q2 24 | $1.52 | $1.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $5.5B |
| Total DebtLower is stronger | $32.6B | $49.5B |
| Stockholders' EquityBook value | $172.0B | — |
| Total Assets | $561.5B | $68.9B |
| Debt / EquityLower = less leverage | 0.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.5B | ||
| Q4 25 | $5.1B | $4.9B | ||
| Q3 25 | $5.1B | $4.0B | ||
| Q2 25 | $5.7B | $4.1B | ||
| Q1 25 | $5.4B | $4.4B | ||
| Q4 24 | $4.2B | $4.2B | ||
| Q3 24 | $6.2B | $4.3B | ||
| Q2 24 | $5.3B | $4.8B |
| Q1 26 | $32.6B | $49.5B | ||
| Q4 25 | $31.9B | $45.1B | ||
| Q3 25 | $32.3B | $41.9B | ||
| Q2 25 | $33.4B | $42.4B | ||
| Q1 25 | $30.9B | $38.8B | ||
| Q4 24 | $30.9B | $42.2B | ||
| Q3 24 | $33.2B | $44.2B | ||
| Q2 24 | $30.9B | $44.6B |
| Q1 26 | $172.0B | — | ||
| Q4 25 | $44.3B | $-10.0B | ||
| Q3 25 | $43.9B | $-10.9B | ||
| Q2 25 | $44.0B | $-12.0B | ||
| Q1 25 | $43.1B | $-10.9B | ||
| Q4 24 | $41.3B | $-11.8B | ||
| Q3 24 | $42.0B | $-9.7B | ||
| Q2 24 | $40.8B | $-9.7B |
| Q1 26 | $561.5B | $68.9B | ||
| Q4 25 | $472.3B | $69.2B | ||
| Q3 25 | $455.3B | $67.1B | ||
| Q2 25 | $485.8B | $68.5B | ||
| Q1 25 | $440.7B | $65.1B | ||
| Q4 24 | $416.1B | $61.8B | ||
| Q3 24 | $427.5B | $66.9B | ||
| Q2 24 | $428.5B | $65.8B |
| Q1 26 | 0.19× | — | ||
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 0.76× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BK
| Investment services fees | $2.7B | 49% |
| Other | $1.4B | 25% |
| Investment management and performance fees | $785.0M | 15% |
| Investment and other revenue | $271.0M | 5% |
| Foreign exchange revenue | $232.0M | 4% |
| Financing-related fees | $62.0M | 1% |
| Distribution and servicing fees | $37.0M | 1% |
PM
Segment breakdown not available.
