Philip Morris International Inc.
Close on Oct 19, 2026
- Market cap
- $313.64B
- P/E (TTM)
- 28.9
- Dividend yield
- 2.81%
Earnings
Next report expected Oct 20, 2026, before market open (estimated from past report dates)
| Quarter | Reported | Time | Revenue | EPS (GAAP) | EPS (adjusted) |
|---|---|---|---|---|---|
| Q2 FY2026 Ended Jun 30, 2026 | Jul 22, 2026 | Before market open | $11.20B | $1.80 | $2.20 |
| Q1 FY2026 Ended Mar 31, 2026 | Apr 22, 2026 | Before market open | $10.10B | $1.56 | $1.96 |
| Q4 FY2025 Ended Dec 31, 2025 | Feb 6, 2026 | Before market open | $10.36B | – | – |
| Q3 FY2025 Ended Sep 30, 2025 | Oct 21, 2025 | Before market open | $10.80B | $2.23 | $2.24 |
| Q2 FY2025 Ended Jun 30, 2025 | Jul 22, 2025 | Before market open | – | – | – |
| Q1 FY2025 Ended Mar 31, 2025 | Apr 23, 2025 | Before market open | – | – | – |
| Q4 FY2024 Ended Dec 31, 2024 | Feb 6, 2025 | Before market open | – | – | – |
| Q3 FY2024 Ended Sep 30, 2024 | Oct 22, 2024 | Before market open | – | – | – |
| Q2 FY2024 Ended Jun 30, 2024 | Jul 23, 2024 | Before market open | – | – | – |
| Q1 FY2024 Ended Mar 31, 2024 | Apr 23, 2024 | Before market open | – | – | – |
| Q4 FY2023 Ended Dec 31, 2023 | Feb 8, 2024 | Before market open | – | – | – |
Company guidance
Outlook given with results on Jul 22, 2026, compared with the previous outlook
| Measure | Period | Guidance | vs. prior |
|---|---|---|---|
| Capital expenditures | 2026 Full-Year | $1.40B to $1.60B | Maintained |
| projected increase versus adjusted diluted EPS in 2025non-GAAP | 2026 Full-Year | 9.5% to 11.5% growth | Raised |
| projected increase versus adjusted diluted EPS in 2025 excluding currencynon-GAAP | 2026 Full-Year | 7.5% to 9.5% growth | Lowered |
| Adjusted Diluted EPSnon-GAAP | 2026 Full-Year | $8.26 to $8.41 | Lowered |
| Adjusted Diluted EPS, excluding currencynon-GAAP | 2026 Full-Year | $8.11 to $8.26 | Lowered |
| adjusted diluted EPSnon-GAAP | Third quarter | $2.20 to $2.25 | New |
| Reported diluted EPSGAAP | 2026 Full-Year | $7.19 to $7.34 | Lowered |
| Organic operating income growthnon-GAAP | 2026 Full-Year | 7% to 9% growth | Maintained |
| net debt to adjusted EBITDA ratio | 2026 Full-Year | 2 | New |
| effective tax rate, excluding discrete tax events | 2026 Full-Year | 21.5% | New |
| Operating cash flow | 2026 Full-Year | $13.50B | Maintained |
| Full-year amortization of acquired intangibles per share | 2026 Full-Year | $0.50 | New |
| Net revenue growth on an organic basisnon-GAAP | 2026 Full-Year | 5% to 7% growth | Maintained |
Figures and the sentence they come from are taken from the company's earnings release. Hover a measure to read the source sentence.
Press releases
Announcements Philip Morris International filed with the SEC
Philip Morris International Increases Dividend by 8.8%
Regulation FD disclosure · EX-99.1 to Form 8-K
Championing a Smoke-Free World Barclays Global Consumer Conference September 8, 2026 6 Appendix
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Participates in 2026 Barclays Global Consumer Conference;
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Announces Contract Manufacturing Collaboration with Altria
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Reports 2026 Second-Quarter & First Six-Months Results
Results of operations · EX-99.1 to Form 8-K
Glossary of Key Terms, Definitions
Results of operations · EX-99.2 to Form 8-K
Declares Regular Quarterly Dividend of $1.47 Per Share
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Participates in 2026 dbAccess Global Consumer Conference;
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Announces Group CFO Succession
Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Holds 2026 Virtual Annual Meeting of Shareholders
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Reports 2026 First-Quarter Results
Results of operations · EX-99.1 to Form 8-K
Glossary of Key Terms, Definitions
Results of operations · EX-99.2 to Form 8-K
PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries
Regulation FD disclosure · EX-99.1 to Form 8-K
PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries
Regulation FD disclosure · EX-99.2 to Form 8-K
Declares Regular Quarterly Dividend of $1.47 Per Share
Regulation FD disclosure · EX-99.1 to Form 8-K
Championing a Smoke-Free World CAGNY Conference February 18, 2026 Jacek Olczak, Group CEO PMI Emmanuel Babeau, Group CFO PMI
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Presents at 2026 CAGNY Conference;
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Reports 2025 Fourth-Quarter & Full-Year Results;
Results of operations · EX-99.1 to Form 8-K
Glossary of Key Terms, Definitions
Results of operations · EX-99.2 to Form 8-K
Investor Relations: Media: Corey Henry
Regulation FD disclosure · EX-99.1 to Form 8-K
Declares Regular Quarterly Dividend of $1.47 Per Share
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Presents at
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Evolves Organizational Model to Advance Smoke-Free Future
Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Reports 2025 Third-Quarter & First Nine-Months Results;
Results of operations · EX-99.1 to Form 8-K
Glossary of Key Terms, Definitions
Results of operations · EX-99.2 to Form 8-K
Philip Morris International Increases Dividend by 8.9%
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Participates in 2025 Barclays Global Consumer Staples Conference;
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Reports 2025 Second Quarter & First Six-Months Results
Results of operations · EX-99.1 to Form 8-K
Glossary of Key Terms, Definitions
Results of operations · EX-99.2 to Form 8-K
E-Vapor ‘Made Right’ With Focus on VEEV ONE 32 VEEV NOW ULTRA 21 Markets with VEEV ONE 14 Markets with VEEV NOW ULTRA Source: PMI Financials or estimates VEEV ONE
Regulation FD disclosure · EX-99.1 to Form 8-K
Declares Regular Quarterly Dividend of $1.35 Per Share
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Participates in dbAccess Global Consumer Conference; Reaffirms 2025 Full-Year Forecast for Reported Diluted EPS of $7.01 to $7.14
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Holds 2025 Virtual Annual Meeting of Shareholders
Regulation FD disclosure · EX-99.1 to Form 8-K
Philip Morris International Reports First-Quarter 2025 Results
Results of operations · EX-99.1 to Form 8-K
Glossary of Key Terms, Definitions
Results of operations · EX-99.2 to Form 8-K
PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries
Regulation FD disclosure · EX-99.1 to Form 8-K
PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries
Regulation FD disclosure · EX-99.2 to Form 8-K
Court Approves CCAA Plans to Resolve
Regulation FD disclosure · EX-99.1 to Form 8-K
Declares Regular Quarterly Dividend of $1.35 Per Share
Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.1 to Form 8-K
Regulation FD disclosure · EX-99.1 to Form 8-K