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Company Overview
Philip Morris International Inc.
Consumer StaplesTobaccoPhilip 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 Bi...
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.
With tobacco being addictive and a leading cause of preventable death globally, the company has faced litigation and regulatory measures from governments and has been the subject of scrutiny by the World Health Organization. The company knowingly maintained the claim that smoking cigarettes is harmless, despite overwhelming external and internal evidence that smoking is addictive and dangerous. In response, the company has diversified in the 21st century into smoke-free products such as the Iqos brand of heated tobacco products, Zyn brand of nicotine pouches, and Veev brand of electronic cigarettes.
Exchange: NYSE
Company Statistics
Profile
Market Cap$308.04B
EV$344.40B
Shares Out1.6B
Revenue$42.55B
Margins
Gross67.5%
Operating37.7%
Pre-Tax35.5%
Net25.6%
FCF29.9%
Returns (5Yr Avg)
ROA15.9%
ROCE38.5%
ROIC57.2%
Valuation (TTM)
P/E28.3
P/B-35.9
EV/Sales8.1
P/FCF24.2
EV/Gross Profit12.0
Financial Health
Cash$6B
Net Debt$36.37B
Debt/Equity-4.9
Growth (CAGR)
Rev 3Yr8.6%
Rev 5Yr7.2%
Rev 10Yr-5.8%
Dil EPS 3Yr7.7%
Dil EPS 5Yr7.1%
Dil EPS 10Yr5.1%
FCF 5Yr3%
Shares 5Yr0%
Dividends
Yield3%
Payout86.2%
DPS$6.01
DPS Growth 3Yr-4.1%
DPS Growth 5Yr-1.5%
DPS Growth 10Yr1%
Price History
No price history available
Financial Performance
Display:
Data reported in USD
Assets vs Liabilities
Data reported in USD
Free Cash Flow
Data reported in USD