80/100B196.280
USD
1.94
(1.00%)
Post Trading·197.300USD+1.020(+0.52%)
Fair value131.34Plus+49%98Price 196.28260
Q4 FY2026 · Earnings report
EPS estimate 1.79Revenue estimate 10.87B
Q4 FY2026 · Earnings report
EPS estimate 1.79Revenue estimate 10.87B
If you had invested in Philip Morris International ago, it would be worth $3,609 today, against $4,111 in SPY and $6,388 in QQQ.
Arincen ScoreWhat is the Arincen Score? The Arincen Score grades a company out of 100 from 30 checks on its own reported figures, five checks in each of six parts.Beta
80/100
Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.
Profitability10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Cash10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Valuation8
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Growth10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Financial strength6
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Shareholders4
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Figures to FY2025; the price as of today.
Philip Morris International key facts
- StyleWhat does a stock's style mean? The style label sorts a stock as growth, value, dividend, blend or speculative, with a 1 to 10 meter showing how strongly it fits.
- Dividend stock · 7.9/10Growth 4.3 · Value 4.7 · Dividend 7.9
- Day range
- 192.780 – 196.690
- 52-week range
- 146.350 – 214.350
- Market capitalizationWhat is market capitalization? Market cap is what the stock market values a whole company at: its share price times the number of its shares outstanding.
- 305.92B USD
- P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 28.65
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 2.64
- EPSWhat is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period.
- 6.85
- Div YieldWhat is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- 3.26%
- EPS growth forecast (FY2026)
- +10.7%
- Volume
- 0
- BetaWhat is beta in stocks? Beta measures how much a stock tends to move when the whole market moves: 1 moves with it, under 1 is calmer, over 1 swings more.
- 0.36
- ESG scoreWhat is an ESG score? An ESG score rates how a company handles the environment, its people and its governance, out of 100. Higher is better.
- 61.7/100Environment 65 · Social 56 · Governance 64
- Sector
- Consumer Defensive
- Industry
- Tobacco
- CEO
- Jacek Olczak
- Employees
- 85K
- Website
- pmi.com
- IPO date
- 17 Mar 2008
Philip Morris International earningsWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
Next earnings · Q4 FY2026
EPS estimate
1.79 USD
Revenue estimate
10.87B USD
Last quarter · Q3 FY2026
EPS2.36Beat +2.6%Revenue11.44BBeat +1.1%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 2.51 | — | — | +6.48% | 11.97B | — | — | +4.62% | |
| Q2 FY2027 | 2.34 | — | — | +6.15% | 11.67B | — | — | +4.25% | |
| Q1 FY2027 | 2.05 | — | — | +4.41% | 10.56B | — | — | +4.12% | |
| Q4 FY2026 | 1.79 | — | — | +5.29% | 10.87B | — | — | +4.86% | |
| Q3 FY2026 | 2.30 | 2.36 | +2.61% | +5.36% | 11.32B | 11.44B | +1.07% | +5.47% | |
| Q2 FY2026 | 2.05 | 2.20 | +7.32% | +15.18% | 10.60B | 11.19B | +5.57% | +10.37% | |
| Q1 FY2026 | 1.86 | 1.96 | +5.38% | +15.98% | 9.95B | 10.15B | +1.94% | +9.09% | |
| Q4 FY2025 | 1.70 | 1.70 | 0.00% | +9.68% | 10.40B | 10.36B | -0.39% | +6.76% | |
| Q3 FY2025 | 2.09 | 2.24 | +7.18% | +17.28% | 10.64B | 10.85B | +1.97% | +9.42% | |
| Q2 FY2025 | 1.86 | 1.91 | +2.69% | +20.13% | 10.32B | 10.14B | -1.72% | +7.79% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 9.89 | — | — | +9.20% | 48.59B | — | — | +6.35% |
| FY2027 | 9.06 | — | — | +8.57% | 45.69B | — | — | +4.85% |
| FY2026 | 8.35 | — | — | +10.68% | 43.57B | — | — | +7.20% |
| FY2025 | 7.52 | 7.54 | +0.24% | +15.11% | 40.63B | 40.65B | +0.04% | +7.49% |
| FY2024 | 6.50 | 6.55 | +0.70% | +8.99% | 37.66B | 37.82B | +0.43% | +7.51% |
| FY2023 | 6.13 | 6.01 | -1.95% | +0.84% | 35.12B | 35.17B | +0.14% | +10.74% |
| FY2022 | 5.67 | 5.96 | +5.10% | -1.81% | 30.52B | 31.76B | +4.06% | +1.14% |
Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved
Philip Morris International analyst forecastWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
12-month price target
214.57 USD
+9.32%
Analysts' 1-year price targets range from 201.00 to 225.00, with an average of 214.57.
Past year
1-year forecast
Strong sellStrong buy
Buy
9 ratings
| Buy | 7 | |
| Hold | 2 | |
| Sell | 0 |
12-month price target
| Highest target | 225.00 |
| Average target | 214.57 |
| Lowest target | 201.00 |
| Current price | 196.28 |
Philip Morris International valuationWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 28.65
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 23.52
- Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.
- 7.09
- EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.
- 18.49
Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.
Market capitalization
305.92B USD
+
Total debt
47.56B USD
−
Cash and short-term investments
6.68B USD
=
Enterprise value
346.80B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Philip Morris International against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: The Procter & Gamble, The Coca-Cola, Costco Wholesale, PepsiCo, Altria Group, and Walmart, the US Consumer Defensive companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Above its median28.714.238.0
- Gross marginAbove its median67.1%63.3%68.1%Against its peers: 2 of 7Peers' median 52.2%
- Operating marginAt its median36.6%32.9%41.3%Against its peers: 2 of 7Peers' median 17.5%
- Net marginAt its median27.9%18.6%29.0%Against its peers: 2 of 7Peers' median 13.6%
- Free cash flow marginBelow its median26.2%22.4%35.7%Against its peers: 2 of 7Peers' median 9.6%
- Revenue growthBelow its median7.3%1.1%10.7%Against its peers: 2 of 7Peers' median 2.8%
- EPS growthHighest in 5 years60.6%-13.6%60.6%Against its peers: 1 of 7Peers' median 7.5%
- Debt to EBITDABelow its median2.61×1.99×3.58×Against its peers: 6 of 7Peers' median 1.91×
- Current ratioHighest in 5 years0.960.720.96Against its peers: 3 of 7Peers' median 0.82
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Philip Morris International growth and profitabilityWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 43.14B USD
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- 10.71B USD
- Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- 67.74%
- Operating margin
- 38.62%
- Net margin
- 24.82%
Revenue / Net income
Revenue Net income Net margin
Philip Morris International revenue breakdown
By product
FY2025
58.5%Combustible Products41.5%Reduced-Risk Products
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Combustible Products | 23.79B | 58.5% | +2.5% |
| Reduced-Risk Products | 16.85B | 41.5% | +15.0% |
By region
FY2025
42.1%European Union29.6%SSEA, CIS & MEA16.3%EA, AU & PMI GTR11.9%Americas
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| European Union | 17.11B | 42.1% | +11.4% |
| SSEA, CIS & MEA | 12.05B | 29.6% | +7.0% |
| EA, AU & PMI GTR | 6.63B | 16.3% | — |
| Americas | 4.85B | 11.9% | +7.1% |
How Philip Morris International makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Combustible Products23.79B 58.5%
Reduced-Risk Products16.85B 41.5%
Revenue40.65B 100.0%
Cost of revenue13.37B 32.9%
Gross profit27.28B 67.1%
Research and development756.00M 1.9%
Selling and administration10.56B 26.0%
Other operating expenses1.08B 2.7%
Operating income14.89B 36.6%
Tax2.74B 6.7%
Other expense807.00M 2.0%
Net income11.35B 27.9%
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Philip Morris International dividendsWhat is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- Annual dividend
- 6.40 USD
- Dividend yield (indicated)What is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- 3.26%
- Payout ratioWhat is the payout ratio? The payout ratio is the share of a company's earnings paid out as dividends: dividends per share divided by earnings per share (EPS).
- 87.74%
- Years of dividend growthWhat are years of dividend growth? The years in a row a company has raised its dividend per share. 25 years make an S&P 500 company a Dividend Aristocrat; 50 make a Dividend King.
- 18
- Frequency
- Quarterly
- Last payment
- 1.60 USD
- Last ex-dividend dateWhat is the ex-dividend date? The ex-dividend date is the first day a stock trades without its next dividend: buy before it to receive the payment; buy on or after it and the seller gets it.
- 2 Oct 2026
- Last payment date
- 26 Oct 2026
Dividends per share
Philip Morris International financial health
- Cash and short-term investments
- 6.68B USD
- Total debt
- 47.56B USD
- Net cash
- -40.88B USD
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- 13.60B USD
- Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
- 1.02
- Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.
- 8 / 9
- Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.
- 4.87
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Philip Morris International ownershipWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 84.20%
- Institutional holders
- 3,019 (+58)
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 99.79%
Who owns the shares
Institutions 84.2% Others 15.8%
As of 30 Jun 2026
Shares free to trade
Free float 1.56B shares ·99.8% Closely held 3.23M shares ·0.2%
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q3 2026 | 0 | 0 | 0.00 | 0.00 |
| Q2 2026 | 0 | 0 | 10.07K | 0.00 |
| Q1 2026 | 0 | 7 | 336.58K | 187.01K |
| Q2 2025 | 0 | 0 | 10.02K | 0.00 |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Source: Financial Modeling PrepVerified against SEC filings
Title: Philip Morris International
Sector: Consumer Defensive
Industry: Tobacco
Philip Morris International Inc. (PMI) is a company that sells tobacco products. As one of the founding members of the group informally known as “Big Tobacco,” the company has in recent times diversified its products to include more health-conscious options like smoke-free devices, including heat-not-burn, vapor and oral nicotine products. Philip Morris is an American company that sells its wares in more than 180 countries around the globe. PMI has a legal office in New York City and its operational headquarters are in Lausanne, Switzerland.
Despite the unfashionable reputation that smoking currently has, due to a worldwide move toward more healthy behaviors, PMI still frequently ranks in the top 200 of the Fortune 500 list of the biggest companies by total revenue. Still, the company does not enjoy the benefit of being a safe-haven stock in the ways it did in the past. With tobacco being the single greatest cause of preventable death globally, the company has been on the receiving end of litigious moves from aggrieved consumers and restrictive legislation from governments.