Philip Morris International Inc.

NYSE•PM

CEO: Mr. Jacek Olczak

Sector: Consumer Defensive

Industry: Tobacco

Listing Date: 2008-03-17

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Contact Information

677 Washington Boulevard, Suite 1100, Stamford, CT, 06901, United States

203-905-2410

www.pmi.com

Market Cap

$249.77B

P/E (TTM)

22.0

18.3

Dividend Yield

3.6%

52W High

$191.30

52W Low

$142.11

52W Range

37%

Rank18Top 5.0%

6.3

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Strong • 6.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$10.36B+0.00%

4-Quarter Trend

EPS

$1.37+0.00%

4-Quarter Trend

FCF

$4.27B+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Net Revenue Growth Net revenues reached $40.65B USD, increasing 7.3% driven by favorable pricing variance.

Diluted EPS Jumps 60.6% Diluted EPS reached $7.26 USD, reflecting a strong 60.6% increase over comparable 2024 results.

Smoke-Free Volume Accelerates Smoke-free product volume grew 12.8% to 179.1B equivalent units, offsetting 1.5% cigarette decline.

Operating Cash Flow Stable Cash provided by operating activities was $12.23B USD, essentially flat compared to the prior year.

Risk Factors

Regulatory SFPs Restrictions Risk Regulators may prohibit or restrict commercialization of smoke-free products or scientifically substantiated claims.

Tobacco Litigation Uncertainty Pending tobacco and nicotine litigation claims are significant, potentially ranging into billions of U.S. dollars.

Elevated Inflation Cost Pressure Sustained inflation increases expenses for direct materials, wages, energy, and financing costs globally.

Europe Goodwill Impairment Recorded $41M goodwill impairment charge in Europe segment following completion of the annual review assessment.

Outlook

Evolved Organizational Structure Implemented new two-unit structure effective January 1, 2026, focusing on International and U.S. operations.

2026 Cigarette Volume Decline Expect cigarette shipment volume decline of approximately 3% for the full year 2026 period.

Expand SFPs Portfolio Continue developing and expanding SFP brand portfolio, leveraging expertise beyond current nicotine products.

Higher 2026 Tax Rate Forecast Estimate 2026 effective tax rate around 21.5%, excluding discrete tax events for the period.

Peer Comparison

Revenue (TTM)

$123.01B

-7.0%

PEP

$93.93B

+2.3%

BUD

$88.26B

-1.2%

Gross Margin (Latest Quarter)

100.0%

+0.0pp

BTI

83.4%

+1.1pp

65.6%

+1.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
PG	$339.20B	21.4	31.2%	28.8%
KO	$333.18B	25.4	44.4%	43.4%
PM	$249.77B	22.0	-103.7%	70.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

3.9%

Moderate Growth

4Q Net Income CAGR

-7.2%

Declining Profitability

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:Apr 21, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data