Philip Morris International Inc. (PM) company profile
Close on Nov 13, 2026Market cap $310.11BP/E 29.0Yield 2.83%
About Philip Morris International
Cigarettes, SIC 2111
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.
The company operates across a vast international footprint, distributing combustible cigarettes across approximately 170 markets and smoke-free items across 106 markets, including modern oral pouches in 56 markets. Its workforce comprises roughly 84,900 individuals across more than 130 nationalities. Management structures geographic operations across Europe, the Americas, East Asia and Australia, and a region encompassing South and Southeast Asia, the Middle East, Africa, and the Commonwealth of Independent States. Segment headquarters reside in Stamford, Connecticut; Lausanne, Switzerland; Dubai, United Arab Emirates; and Hong Kong.
Summary of the business section of Philip Morris International's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Philip Morris International Inc.
- Founded
- 1987
- Headquarters
- Stamford, CT
- Address
- 677 Washington Blvd, Ste. 1100 06901
- Phone
- (203) 905-2410
- Website
- pmi.com
- Employees
- 84,900, Dec 31, 2025
- Industry
- Cigarettes
- Incorporated in
- Virginia
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers SA, Lausanne, Switzerland
Stock & identifiers
- Ticker
- PM
- Exchange
- NYSE
- IPO date
- Mar 17, 2008
- Shares outstanding
- 1.56B, Oct 16, 2026
- Public float
- $283.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1413329
- CUSIP
- 718172109
- ISIN
- US7181721090
- FIGI
- BBG000J2XL74
- Share class FIGI
- BBG001STP9N1
- LEI
- HL3H1H2BGXWVG3BSWR90
- EIN
- 13-3435103
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jacek Olczak | Group CEO PMI, Director | 632,344 |
| Massimo Andolina | Group Chief Financial Officer | 71,588 |
| Reginaldo Dobrowolski | Group Controller | 28,414 |
| Wilde Frederic De | CEO PMI International | 133,513 |
| Emmanuel Babeau | Group Chief Financial Officer | 164,463 |
| Yann Guerin | Group Chief Legal Officer | 34,412 |
| Stacey Kennedy | CEO PMI U.S. | 45,301 |
| Mindaugas Trumpaitis | President Combustibles Cat. | 73,002 |
| Lars Dahlgren | Pres. Smoke-Free Oral Products | 26,828 |
| Vasileios Gkatzelis | Pres. E.A., Aus., and PMI DF | 22,481 |
| Werner Barth | Pr.Combusibles&GlobalComb.Mktg | 106,244 |
| Stefano Volpetti | Pr.SmokeFree&ChiefCons.Officer | 117,380 |
| Werner Geissler | Director | 98,356 |
| Bonin Bough | Director | 11,297 |
| Andre Calantzopoulos | Director | 987,194 |
| Victoria D. Harker | Director | 4,537 |
| Michel Combes | Director | 11,643 |
| Shlomo Yanai | Director | 10,120 |
| Robert Polet | Director | 29,765 |
| Lisa Hook | Director | 20,060 |
| Kalpana Morparia | Director | 28,236 |
| Dessislava Temperley | Director | 7,756 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $29.07M | $56.82M | $13.05M | $247 | $128 |
| FY2024 Mr Olczak | $20.24M | $44.51M | $7.53M | $179 | $110 |
| FY2024 Mr.Olczak | $20.24M | $44.51M | $7.53M | $179 | $110 |
| FY2023 Mr Olczak | $25.48M | $22.40M | $8.62M | $133 | $110 |
| FY2023 Mr.Olczak | $25.48M | $22.40M | $8.62M | $133 | $110 |
| FY2022 | $15.78M | $24.41M | $5.43M | $136 | $111 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Jacek Olczak Group CEO PMI | $1.81M | $18.03M | $5.22M | $4.01M | $29.07M | +44% |
| Emmanuel Babeau Group Chief Financial Officer | $1.52M | $5.46M | $2.51M | $17.41M | $26.89M | +190% |
| Massimo Andolina President, Europe Region | $1.04M | $2.77M | $1.96M | $2.12M | $7.88M | – |
| Frederic de Wilde CEO PMI International | $1.21M | $4.92M | $2.36M | $2.30M | $10.79M | +39% |
| Stacey Kennedy CEO PMI U.S. | $977.87K | $2.41M | $1.12M | $2.12M | $6.62M | -10% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“At December 31, 2025, we employed approximately 84,900 people worldwide, including full-time, temporary and part-time staff.”
Corporate history
Events identified from SEC filings
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