Philip Morris International Inc. (PM) stock
Close on Nov 11, 2026Market cap $306.04BP/E 28.7Yield 2.87%
Philip Morris International Inc. grew revenue 7.9% to $43.14B over the twelve months to Sep 30, 2026. Operating income rose 12.7% to $16.66B, moving the operating margin from 37.0% to 38.6%. Free cash flow was $13.60B, up 34.3% from a year earlier. At the latest close the market valued the company at $306.04B, 28.7 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $306.04B
- P/E ratio
- 28.7
- Price to sales
- 7.09
- Price to book
- –
- Dividend yield
- 2.87%
- Free cash flow yield
- 4.44%
Fundamentals
- Revenue
- $43.14B
- Net income
- $10.71B
- EPS, diluted
- $6.85
- Free cash flow
- $13.60B
- Book value per share
- -$5.09
- Diluted shares
- 1.56B
Trading
- Next earnings
- Feb 5, 2027 (estimated, before the open)
- Previous close
- $194.25
- Open
- $193.40
- Day's range
- $192.75 – $196.70
- Volume
- 4,462,405
- Average volume (20 days)
- 5,188,347
- Index membership
- S&P 500, Russell 1000, Russell 3000
- Beta (5 years)
- 0.33
- 52-week range
- $146.35 – $214.35
- RSI (14 days)
- 45.4
- Volatility (1 year)
- 28.5%
- Relative volume
- 0.94×
- WACC
- 7.1%
On 1 of our idea list: Superinvestor favorites
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | PM | S&P 500 | Difference | PM per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -2.4% | -2.4% | +0.0 pts | ||
| 3 months | +6.3% | -1.2% | +7.5 pts | ||
| Year to date | +25.6% | +12.3% | +13.3 pts | ||
| 1 year | +29.7% | +12.4% | +17.2 pts | ||
| 3 years | +147.6% | +78.8% | +68.7 pts | +35.3% | +21.4% |
| 5 years | +160.1% | +75.2% | +84.9 pts | +21.1% | +11.9% |
| 10 years | +260.9% | +311.1% | −50.2 pts | +13.7% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Philip Morris International filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Update
- Update
- Update
About Philip Morris International
Cigarettes
Philip Morris International Inc. is an international consumer goods company focused on manufacturing and marketing cigarettes alongside a growing line of smoke-free alternatives. Its product catalog features traditional combustible cigarettes, heated tobacco units, oral nicotine pouches, and e-vapor devices, led by well-known brands such as Marlboro, Parliament, IQOS, ZYN, and VEEV. The company additionally operates a wellness division, Aspeya, which develops oral consumer wellness and cannabinoid products. Its commercial offerings cater strictly to existing adult smokers and adult nicotine consumers, distributed through direct sales, retail networks, wholesalers, independent distributors, and proprietary digital platforms.
Company profile, executives and historyPhilip Morris International stock: common questions
What is Philip Morris International's stock price?
PM closed at $196.35 on Nov 11, 2026, up 1.08% on the day. Over the past 52 weeks it traded between $146.35 and $214.35.
What is Philip Morris International's market cap?
Philip Morris International was worth $306.04B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is PM's P/E ratio?
PM trades at 28.7 times earnings, based on diluted earnings per share of $6.85 over the twelve months to Sep 30, 2026.
How much revenue does Philip Morris International make?
Philip Morris International reported revenue of $43.14B for the twelve months to Sep 30, 2026, up 7.9% from a year earlier.
Does Philip Morris International pay a dividend?
Yes. Philip Morris International paid $5.64 per share over the last twelve months, a yield of 2.87% at the latest price, and has raised its annual dividend 17 years in a row.
When does Philip Morris International report earnings next?
Philip Morris International is expected to report Q4 FY2026 results on Feb 5, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has PM stock performed over the past year?
Including dividends, PM returned +29.7% over the past year, against +12.4% for the S&P 500.
How many PM shares are sold short?
15M shares were sold short at the latest FINRA report, 0.96% of the float, or 3.2 days of average trading volume.
Who are Philip Morris International's competitors?
Companies most similar to Philip Morris International by business, industry and size include MO, BTI, RLX, MDLZ, KHC.
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