YOLFTbeta
Philip Morris International Inc

Philip Morris International Inc

PM · NYSE · Consumer Defensive / Tobacco

198.96USD+2.30 (+1.17%)

Price History

Full chart

Market Stats

Previous Close196.66
Open199.33
Day Range196.42 – 199.36
52-Week Range137.25 – 210.45
Volume3.19M
Market Cap310.90B
P/E (TTM)29.12
Forward P/E18.83
EPS6.85
Dividend Yield3.21%
Beta0.36
50-Day Avg192.54
200-Day Avg180.88

About

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Company Details

  • SectorConsumer Defensive
  • IndustryTobacco
  • CEOMr. Jacek Olczak
  • Employees84.90K
  • Headquarters677 Washington Boulevard, Stamford, CT, United States, 06901, USA
  • Websitehttps://www.pmi.com

Leadership

  • Mr. Jacek OlczakGroup CEO & Director · b. 1965
  • Mr. Massimo AndolinaGroup Chief Financial Officer · b. 1969
  • Mr. Frederic de WildeCEO of PMI International · b. 1967
  • Ms. Stacey KennedyCEO of PMI U.S. · b. 1973
  • Mr. Emmanuel BabeauStrategic Advisor · b. 1967
  • Mr. Scott CouttsChief Global Operations Officer
  • Mr. Michael VoegeleChief Digital & Information Officer · b. 1974
  • Mr. James R. BushnellVice President of Investor Relations & Financial Communications
  • Mr. Yann GuerinGroup Chief Legal Officer · b. 1977
  • Dr. Moira GilchristChief Communications Officer

Financials

Income Statement

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue33.39B17.58B45.29B20.77B22.80B25.70B25.04B27.21B31.10B31.38B31.22B29.77B26.79B26.68B28.75B29.63B29.80B28.69B31.41B31.76B35.17B37.88B40.65B
Growth (%)--47.34%+157.57%-54.14%+9.77%+12.75%-2.61%+8.68%+14.29%+0.90%-0.51%-4.64%-9.99%-0.41%+7.73%+3.05%+0.61%-3.73%+9.45%+1.14%+10.74%+7.69%+7.31%
Cost of Revenue23.82B6.73B32.92B8.15B8.72B9.33B9.02B9.71B10.68B10.37B10.41B10.44B9.37B9.39B10.43B10.76B10.51B9.57B2.81B11.40B12.89B13.33B13.37B
Gross Profit9.57B10.86B12.37B12.64B14.08B16.38B16.01B17.50B20.42B21.00B20.81B19.33B17.43B17.29B18.32B18.87B19.29B19.13B5.30B20.36B22.28B24.55B27.28B
Gross Margin28.66%61.74%27.31%60.86%61.75%63.71%63.96%64.30%65.66%66.94%66.65%64.94%65.05%64.81%63.71%63.69%64.73%66.65%16.87%64.10%63.35%64.81%67.12%
Operating Expense3.37B4.08B4.63B4.64B5.21B5.81B5.80B6.29B6.88B7.06B7.11B7.63B6.81B6.39B6.74B7.53B8.76B7.41B2.35B8.11B10.72B11.15B12.39B
Operating Income6.20B6.78B7.74B8.01B8.87B10.57B10.21B11.20B13.53B13.95B13.70B11.70B10.62B10.90B11.58B11.34B10.53B11.72B2.95B12.25B11.56B13.40B14.89B
Operating Margin18.56%38.54%17.08%38.54%38.92%41.12%40.79%41.16%43.52%44.45%43.89%39.31%39.65%40.86%40.27%38.26%35.33%40.84%9.38%38.56%32.85%35.38%36.64%
EBITDA6.57B6.49B8.26B9.23B9.64B11.31B10.94B12.19B14.48B14.85B14.47B12.67B11.47B11.71B12.46B12.52B11.63B12.66B2.93B13.48B13.37B15.75B18.72B
EBITDA Margin19.67%36.90%18.24%44.45%42.29%43.99%43.69%44.81%46.56%47.31%46.37%42.55%42.81%43.87%43.34%42.24%39.03%44.13%9.32%42.44%38.02%41.58%46.06%
Net Income3.98B4.57B5.62B6.15B6.03B6.89B6.34B7.26B8.59B8.80B8.58B7.49B6.87B6.97B6.04B7.91B7.18B8.06B2.23B9.05B7.79B7.03B11.35B
Net Income Margin11.91%25.99%12.41%29.59%26.43%26.80%25.33%26.68%27.63%28.05%27.47%25.17%25.65%26.11%20.99%26.70%24.11%28.08%7.10%28.49%22.15%18.57%27.92%
R&D-197.00M-304.00M362.00M334.00M335.00M391.00M413.00M415.00M449.00M433.00M423.00M429.00M453.00M383.00M465.00M495.00M617.00M642.00M709.00M759.00M756.00M
R&D as % of Total Revenue-1.12%-1.46%1.59%1.30%1.34%1.44%1.33%1.32%1.44%1.45%1.58%1.61%1.58%1.29%1.56%1.73%1.96%2.02%2.02%2.00%1.86%
Interest Expense04.00M94.00M371.00M10.00M528.00M843.00M974.00M953.00M1.01B1.10B1.17B1.13B1.07B1.10B855.00M796.00M728.00M146.00M768.00M1.53B1.76B1.59B
Interest Expense % of Total Revenue0.00%0.02%0.21%1.79%0.04%2.05%3.37%3.58%3.06%3.21%3.54%3.93%4.22%4.01%3.81%2.89%2.67%2.54%0.46%2.42%4.34%4.65%3.90%

Balance Sheet

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets17.63B21.25B23.14B26.12B32.04B32.97B34.55B35.05B35.49B37.67B38.17B35.19B33.96B36.85B42.97B39.80B42.88B44.81B41.29B61.68B65.30B61.78B69.19B
Total Liabilities7.14B8.22B12.83B11.85B16.64B25.47B28.41B29.93B33.73B39.52B44.44B46.39B45.43B47.75B53.20B50.54B52.47B55.45B49.50B67.99B74.75B71.65B77.21B
Total Equity10.49B13.03B10.31B14.27B15.40B7.50B5.72B3.51B229.00M-3.48B-7.77B-12.63B-13.24B-12.69B-12.09B-12.46B-11.58B-12.57B-8.21B-8.96B-11.22B-11.75B-9.99B
Cash3.16B5.00B1.21B1.68B1.66B1.53B1.54B1.70B2.55B2.98B2.15B1.68B3.42B4.24B8.45B6.59B6.86B7.28B4.50B3.21B3.06B4.22B4.87B
Total Debt-728.00M4.91B2.79B6.31B11.96B15.42B16.50B18.55B22.84B27.68B29.45B28.48B29.07B34.34B31.76B31.05B31.54B25.01B43.12B47.91B45.70B48.84B
Net Debt-3.16B-4.27B3.70B1.11B4.65B10.43B13.88B14.80B15.99B19.86B25.52B27.77B25.06B24.83B25.89B25.17B24.18B24.26B-1.47B39.92B44.85B41.48B43.96B

Cash Flow

Currency: USD2003-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.63B5.16B6.24B5.59B7.93B7.88B9.44B10.53B9.42B10.13B7.74B7.87B8.08B8.91B9.48B10.09B9.81B11.97B10.80B9.20B12.22B12.23B
Investing Cash Flow-1.51B-5.62B-439.00M-2.59B-3.16B-1.10B-710.00M-1.03B-992.00M-2.68B-996.00M-708.00M-968.00M-3.01B-998.00M-1.81B-1.15B-2.36B-15.68B-3.60B-1.09B-4.49B
Financing Cash Flow-2.60B-2.96B-5.42B-3.37B-4.18B-6.91B-8.58B-8.34B-8.10B-8.21B-6.84B-4.74B-5.41B-2.77B-9.65B-8.06B-8.50B-11.98B3.81B-5.58B-9.48B-7.61B
Capital Expenditure586.00M736.00M886.00M1.07B1.10B715.00M713.00M897.00M1.06B1.20B1.15B960.00M1.17B1.55B1.44B852.00M602.00M748.00M1.08B1.32B1.44B1.57B
Free Cash Flow4.04B4.42B5.35B4.52B6.84B7.17B8.72B9.63B8.37B8.94B6.59B6.91B6.91B7.36B8.04B9.24B9.21B11.22B9.73B7.88B10.77B10.66B
Dividends Paid-7.68B2.78B6.56B5.08B4.33B4.42B4.79B5.40B5.72B6.04B6.25B6.38B6.52B6.88B7.16B7.36B7.58B7.81B7.96B8.20B8.62B
FCF to OCF87.34%85.73%85.79%80.82%86.15%90.93%92.44%91.48%88.79%88.16%85.10%87.79%85.49%82.63%84.85%91.56%93.86%93.75%90.03%85.65%88.18%87.17%
Dividend Paid to FCF-173.72%51.96%145.23%74.30%60.36%50.70%49.71%64.60%64.02%91.63%90.51%92.37%88.54%85.61%77.52%79.96%67.56%80.32%101.03%76.09%80.87%

Earnings

Report DateApr 23, 2008Jul 23, 2008Oct 22, 2008Feb 4, 2009Apr 23, 2009Jul 23, 2009Oct 22, 2009Feb 11, 2010Apr 22, 2010Jul 22, 2010Oct 21, 2010Feb 10, 2011Apr 21, 2011Jul 21, 2011Oct 20, 2011Feb 9, 2012Apr 19, 2012Jul 19, 2012Oct 18, 2012Feb 7, 2013Apr 18, 2013Jul 18, 2013Oct 17, 2013Feb 6, 2014Apr 17, 2014Jul 17, 2014Oct 16, 2014Feb 5, 2015Apr 16, 2015Jul 16, 2015Oct 15, 2015Feb 4, 2016Apr 19, 2016Jul 19, 2016Oct 18, 2016Feb 2, 2017Apr 20, 2017Jul 20, 2017Oct 19, 2017Feb 8, 2018Apr 19, 2018Jul 19, 2018Oct 18, 2018Feb 7, 2019Apr 18, 2019Jul 18, 2019Oct 17, 2019Feb 6, 2020Apr 21, 2020Jul 21, 2020Oct 20, 2020Feb 4, 2021Apr 20, 2021Jul 20, 2021Oct 19, 2021Feb 10, 2022Apr 21, 2022Jul 21, 2022Oct 20, 2022Feb 9, 2023Apr 20, 2023Jul 20, 2023Oct 19, 2023Feb 8, 2024Apr 23, 2024Jul 23, 2024Oct 22, 2024Feb 6, 2025Apr 23, 2025Jul 22, 2025Oct 21, 2025Feb 6, 2026Apr 22, 2026Jul 22, 2026Oct 20, 2026Oct 21, 2026
EPS Estimate0.770.830.890.620.690.770.910.790.920.971.010.961.051.221.231.091.191.351.391.221.351.411.441.371.161.241.331.061.011.131.110.811.111.191.231.111.031.231.381.350.881.231.291.161.011.331.361.211.131.101.361.211.391.551.561.331.491.251.361.241.341.481.611.451.411.561.821.501.611.862.101.701.832.042.332.30
EPS Actual0.890.860.930.710.740.830.930.810.901.001.000.971.061.341.371.101.251.361.381.241.291.301.441.371.191.411.391.031.161.211.240.810.981.151.251.100.981.141.271.321.001.411.441.251.091.461.431.221.211.291.421.261.571.571.581.351.561.481.531.391.381.601.671.361.501.591.911.551.691.912.241.701.962.20-2.36
Surprise15.58%3.61%4.49%14.52%7.25%7.79%2.20%2.53%-2.17%3.09%-0.99%1.04%0.95%9.84%11.38%0.92%5.04%0.74%-0.72%1.64%-4.44%-7.80%0.00%0.00%2.59%13.71%4.51%-2.83%14.85%7.08%11.71%0.00%-11.71%-3.36%1.63%-0.90%-4.85%-7.32%-7.97%-2.22%13.64%14.63%11.63%7.76%7.92%9.77%5.15%0.83%7.08%17.27%4.41%4.13%12.95%1.29%1.28%1.50%4.70%18.40%12.50%12.10%2.99%8.11%3.73%-6.21%6.38%1.92%4.95%3.42%4.97%2.69%6.67%0.00%7.10%7.84%-2.61%
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap310.90B
Enterprise Value293.13B
Trailing P/E29.12
Forward P/E18.83
PEG Ratio1.01
Price / Sales7.21
Price / Book1318.70
EPS6.85
Book Value-5.09
Revenue (TTM)43.14B
Gross Profit (TTM)29.21B
EBITDA20.50B
Profit Margin24.83%
Operating Margin41.97%
Return on Equity0.00%
Return on Assets17.23%
Shares Outstanding1.56B
Shares Float1.56B
Beta0.36
Dividend Yield3.21%
Dividend Rate6.40
Payout Ratio57.46%

Analyst Ratings

Buy
Based on 16 analystsTarget 210.47
  • Strong Buy
    9
  • Buy
    3
  • Hold
    4

Ownership Breakdown

Institutions
84.36%
Insiders
0.16%
Retail / Other
15.48%

Top Institutional Holders

  • Capital World Investors
    133.15M8.54%
  • BlackRock Inc
    108.04M6.93%
  • Vanguard Capital Management, LLC
    101.79M6.53%
  • Capital Research Global Investors
    84.25M5.41%
  • Capital Research & Mgmt Co - Division 3
    72.25M4.64%
  • State Street Corp
    55.57M3.57%
  • JPMorgan Chase & Co
    48.19M3.09%
  • FMR Inc
    46.52M2.98%
  • GQG Partners LLC
    45.44M2.92%
  • Geode Capital Management, LLC
    39.04M2.50%
  • Vanguard Portfolio Management, LLC
    30.28M1.94%
  • Morgan Stanley - Brokerage Accounts
    25.49M1.64%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    49.48M3.17%
  • American Funds Washington Mutual A
    41.55M2.67%
  • Vanguard 500 Index Investor
    40.93M2.63%
  • American Funds Fundamental Invs A
    35.46M2.27%
  • American Funds American Balanced A
    34.68M2.23%
  • American Funds Invmt Co of Amer A
    23.98M1.54%
  • Goldman Sachs GQG Ptnrs Intl Opps Instl
    21.06M1.35%
  • iShares Core S&P 500 ETF
    20.77M1.33%

Dividends

20262×
1.47Jun 25, 20261.47Mar 19, 2026
20254×
1.47Dec 26, 20251.47Oct 3, 20251.35Jun 27, 20251.35Mar 20, 2025
20244×
1.35Dec 26, 20241.35Sep 26, 20241.30Jun 21, 20241.30Mar 20, 2024
20234×
1.30Dec 20, 20231.30Sep 26, 20231.27Jun 22, 20231.27Mar 22, 2023
20224×
1.27Dec 21, 20221.27Sep 27, 20221.25Jun 30, 20221.25Mar 23, 2022
20214×
1.25Dec 22, 20211.25Sep 28, 20211.20Jun 24, 20211.20Mar 19, 2021
20202×
1.20Dec 22, 20201.20Sep 23, 2020