Philip Morris/$PM
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Philip Morris
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets. It also owns the Veev brand in vapes.
- Ticker
- $PM
- Sector
- Consumer Essentials
- Primary listing
- NYSE
- Employees
- 84,900
- Headquarters
- Stamford, United States
- Website
- www.pmi.com
Philip Morris Metrics
BasicAdvanced
$314B
28.95
$6.95
0.40
$5.88
2.92%
Price and volume
Market cap
$314B
Beta
0.4
52-week high
$207.76
52-week low
$142.11
Average daily volume
4.3M
Dividend rate
$5.88
Financial strength
Current ratio
0.98
Quick ratio
0.47
Long term debt to equity
-6.367
Total debt to equity
-7.382
Dividend payout ratio (TTM)
82.82%
Interest coverage (TTM)
11.54%
Profitability
EBITDA (TTM)
18,015
Gross margin (TTM)
67.45%
Net profit margin (TTM)
25.56%
Operating margin (TTM)
42.01%
Effective tax rate (TTM)
21.10%
Revenue per employee (TTM)
$500,000
Management effectiveness
Return on assets (TTM)
14.59%
Return on equity (TTM)
-137.14%
Valuation
Price to earnings (TTM)
28.949
Price to revenue (TTM)
7.363
Price to book
-36.54
Price to tangible book (TTM)
-8.79
Price to free cash flow (TTM)
24.623
Free cash flow yield (TTM)
4.06%
Free cash flow per share (TTM)
8.171
Dividend yield (TTM)
2.92%
Forward dividend yield
2.92%
Growth
Revenue change (TTM)
8.93%
Earnings per share change (TTM)
31.84%
3-year revenue growth (CAGR)
8.65%
10-year revenue growth (CAGR)
5.03%
3-year earnings per share growth (CAGR)
10.37%
10-year earnings per share growth (CAGR)
5.22%
3-year dividend per share growth (CAGR)
5.00%
10-year dividend per share growth (CAGR)
3.72%
What the Analysts think about Philip Morris
Analyst ratings (Buy, Hold, Sell) for Philip Morris stock.
Analyst projections of the future price of Philip Morris stock.
Bulls say / Bears say
Smoke-free sales are growing quickly and becoming more profitable: in the second quarter, revenue rose 14.2% and volume rose 8.0%, while gross profit increased 17.1%. (Philip Morris International)
The FDA authorised reduced-risk claims for 20 ZYN variants, giving PMI a significant regulatory milestone for its nicotine pouch range. The orders allow the company to communicate specific comparative-risk claims to adult consumers switching from cigarettes. (Reuters)
Cigarette volumes also showed resilience: shipments rose 1.1% in the second quarter, with growth in markets including Turkey, Indonesia and Egypt despite price increases of about 10%. (Reuters)
ZYN is struggling to gain momentum in a growing US category: offtake was flat to slightly higher year on year, while US revenue fell 0.7%. PMI plans to increase investment as competition intensifies, which could weigh on near-term returns. (Philip Morris International, Reuters)
Currency swings have repeatedly pressured the earnings outlook: in July, PMI cut its annual profit forecast for the third time that year, citing negative foreign-exchange effects. This leaves reported earnings more exposed to exchange-rate moves than underlying operating growth alone suggests. (Reuters)
IQOS growth is uneven across key markets: heat-tobacco in-market sales rose 5.1% overall in the second quarter, but 10% excluding Japan and Poland. PMI cited Japan's excise-driven price increase and Poland's flavour ban as headwinds. (Philip Morris International)
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2026.
Philip Morris Financial Performance
Revenues and expenses
Philip Morris Earnings Performance
Company profitability
Upcoming events
Philip Morris News
AllArticlesVideos
US FDA plans move to speed up vape, pouch approvals, WSJ reports
Reuters3 weeks ago
Philip Morris International Publishes Inaugural Taskforce on Nature-related Financial Disclosures Report
Business Wire3 weeks ago
Philip Morris International Increases Dividend by 8.8% to Annualized Rate of $6.40 per Share
Business Wire3 weeks ago
Funds containing Philip Morris
AllEURGBPUSD
Fund name | Fund size | $PM weighting |
|---|---|---|
iShares S&P 500 Consumer Staples Sector€2B7D | €450M | 10.27% |
iShares S&P 500 Consumer Staples Sector£ICSU | £386M | 10.27% |
iShares Edge S&P 500 Minimum Volatility$SPMV | $1.9B | 1.56% |
iShares Edge S&P 500 Minimum Volatility€IBCK | €1.6B | 1.56% |
iShares Edge S&P 500 Minimum Volatility£MVUS | £1.4B | 1.56% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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