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    P

    Philip Morris International Inc (PM)

    Official site

    CONSUMER DEFENSIVE • TOBACCO • NYSE

    $199.84
    -5.74 (-2.79%)

    Market Cap: $320.42B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    85%(33/39)
    Avg Surprise
    +5.13%
    Streak
    10 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.34
    Range$2.32 - $2.39
    4 analysts
    EPS RevisionsNo revisions (7d)
    0
    8
    30d
    EPS Estimate DriftChange to current
    90d ago$2.43-3.7%
    60d ago$2.25+4.2%
    30d ago$2.25+4.1%
    7d ago$2.32+0.9%
    Current$2.34
    Revenue Consensus
    $11.4B
    Range$11.2B - $11.8B
    9 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.18
    Range$2.07 - $2.37
    14 analysts
    Revenue Consensus
    $11.6B
    Range$11.2B - $12.2B
    13 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$2.18---
    Sep 26EST
    		-$2.34---
    Jun 26
    Reported Jul 22
    		$2.20$2.04+7.84%Beat+15.2%
    Mar 26
    Reported Apr 22
    		$1.96$1.83+7.10%Beat+16.0%
    Dec 25
    Reported Feb 6
    		$1.70$1.70+0.00%Beat+9.7%
    Sep 25
    Reported Oct 21
    		$2.24$2.10+6.67%Beat+17.3%
    Jun 25
    Reported Jul 22
    		$1.91$1.86+2.69%Beat+20.1%
    Mar 25
    Reported Apr 23
    		$1.69$1.61+4.97%Beat+12.7%
    Dec 24
    Reported Feb 6
    		$1.55$1.50+3.42%Beat+14.0%
    Sep 24
    Reported Oct 22
    		$1.91$1.82+4.95%Beat+14.4%
    Jun 24
    Reported Jul 23
    		$1.59$1.56+1.92%Beat-0.6%
    Mar 24
    Reported Apr 23
    		$1.50$1.41+6.38%Beat+8.7%
    Dec 23
    Reported Feb 8
    		$1.36$1.45-6.21%Miss-2.2%
    Sep 23
    Reported Oct 19
    		$1.67$1.61+3.73%Beat+9.2%
    Jun 23
    Reported Jul 20
    		$1.60$1.48+8.11%Beat+8.1%
    Mar 23
    Reported Apr 20
    		$1.38$1.34+2.99%Beat-11.5%
    Dec 22
    Reported Feb 9
    		$1.39$1.24+12.10%Beat+3.0%
    Sep 22
    Reported Oct 20
    		$1.53$1.36+12.50%Beat-3.2%
    Jun 22
    Reported Jul 21
    		$1.48$1.25+18.40%Beat-5.7%
    Mar 22
    Reported Apr 21
    		$1.56$1.49+4.70%Beat-0.6%
    Dec 21
    Reported Feb 10
    		$1.35$1.33+1.50%Beat+7.1%
    Sep 21
    Reported Oct 19
    		$1.58$1.56+1.28%Beat+11.3%
    Jun 21
    Reported Jul 20
    		$1.57$1.55+1.29%Beat+21.7%
    Mar 21
    Reported Apr 20
    		$1.57$1.39+12.95%Beat+29.8%
    Dec 20
    Reported Feb 4
    		$1.26$1.21+4.13%Beat+3.3%
    Sep 20
    Reported Oct 20
    		$1.42$1.36+4.41%Beat-0.7%
    Jun 20
    Reported Jul 21
    		$1.29$1.10+17.27%Beat-11.6%
    Mar 20
    Reported Apr 21
    		$1.21$1.13+7.08%Beat+11.0%
    Dec 19
    Reported Feb 6
    		$1.22$1.21+0.83%Beat-2.4%
    Sep 19
    Reported Oct 17
    		$1.43$1.36+5.15%Beat-0.7%
    Jun 19
    Reported Jul 18
    		$1.46$1.33+9.77%Beat+3.5%
    Mar 19
    Reported Apr 18
    		$1.09$1.01+7.92%Beat+9.0%
    Dec 18
    Reported Feb 7
    		$1.25$1.16+7.76%Beat-5.3%
    Sep 18
    Reported Oct 18
    		$1.44$1.29+11.63%Beat+13.4%
    Jun 18
    Reported Jul 19
    		$1.41$1.23+14.63%Beat+23.7%
    Mar 18
    Reported Apr 19
    		$1.00$0.88+13.64%Beat+2.0%
    Dec 17
    Reported Feb 8
    		$1.32$1.35-2.22%Miss+20.0%
    Sep 17
    Reported Oct 19
    		$1.27$1.38-7.97%Miss-
    Jun 17
    Reported Jul 20
    		$1.14$1.23-7.32%Miss-
    Mar 17
    Reported Apr 20
    		$0.98$1.03-4.85%Miss-
    Dec 16
    Reported Feb 2
    		$1.10$1.11-0.90%Miss-

    Dividends

    Dividend Metrics

    Forward Yield3.20%
    Forward Annual Dividend$6.40
    Payout Ratio81.95%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+3.82%
    5Y CAGR+3.54%
    PM dividend history and ex-dividend datesRun PM in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio24.67EV/EBITDA19.60x
    Price/FCF24.48xFCF Yield4.08%
    Profitability
    Profit Margin25.60%Operating Margin40.00%
    ROE0.00%ROIC31.58%
    Financial Health
    Debt/Equity-5.72xInterest CoverageN/A
    Current Ratio0.98xQuick Ratio0.55x
    Trading Statistics
    Beta0.36Avg Volume4.66M
    52-Week High$205.9952-Week Low$137.25

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$196.85
    SMA 20$192.91
    SMA 50$189.65
    SMA 200$177.57
    EMA 10$198.00
    EMA 20$194.76
    EMA 50$190.56
    EMA 200$178.88

    MACD

    Line: 3.58Signal: 2.39Hist: 1.19

    ADX

    ADX: 17.7+DI: 33.1-DI: 13.4

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down68.0
    PSAR$188.15

    Bollinger Bands

    Upper Band$205.06
    Lower Band$180.75
    %B Position1260%(Upper)
    Band Width0.79

    RSI (14-Day)

    Neutral
    59.3

    Momentum Oscillators

    Stoch %K79.6
    Stoch %D86.9
    Williams %R-40.3
    ROC (10d)7.1%
    Momentum13.25
    CCI (20d)136.5
    MFI (14d)62.0

    Volatility Measures

    ATR (14d)$5.10(2.6%)
    StdDev (20d)6.08
    Hist Vol25.5%(Moderate)

    Volume Flow

    VWAP$203.27
    OBV150.1M
    AD Line-4.8B
    CMF (20d)-0.311

    Volume Metrics

    Avg Vol (20d)4.8M
    Vol Ratio1.6x(High)
    VWMA (20d)$192.64

    Pivot Points

    R3$213.50
    R2$209.68
    R1$207.63
    Pivot Point$203.81
    S1$201.76
    S2$197.94
    S3$195.89

    Advanced Oscillators

    TSI23.01
    Ultimate Osc48.8
    KST40.64

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$11.19B$10.15B$10.36B$10.85B$10.14B$9.30B$9.71B$9.91B$9.47B$8.79B$9.05B$9.14B
    Cost of Revenue$3.53B$3.24B$3.56B$3.49B$3.27B$3.03B$3.42B$3.37B$3.35B$3.19B$3.46B$3.17B
    Gross Profit$7.66B$6.91B$6.80B$7.36B$6.87B$6.27B$6.28B$6.54B$6.12B$5.60B$5.58B$5.98B
    Operating Expenses$3.13B$3.01B$3.43B$3.10B$3.15B$2.73B$3.02B$2.89B$2.68B$2.55B$2.70B$2.61B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$148.00M$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$4.53B$3.89B$3.37B$4.26B$3.71B$3.54B$3.26B$3.65B$3.44B$3.04B$2.89B$3.37B
    Interest Income$-243,000,000$-237,000,000$-218,000,000$-230,000,000$-277,000,000$-241,000,000$-326,000,000$-189,000,000$-329,000,000$-299,000,000$0$-261,000,000
    Interest Expense$238.00M$232.00M$227.00M$244.00M$288.00M$253.00M$342.00M$204.00M$343.00M$314.00M$282.00M$269.00M
    Income Before Tax$4.29B$3.66B$3.15B$4.02B$3.42B$3.29B$2.92B$3.45B$3.10B$2.73B$2.61B$3.10B
    Income Tax Expense$955.00M$676.00M$675.00M$751.00M$652.00M$659.00M$872.00M$735.00M$734.00M$676.00M$320.00M$1.03B
    Net Income$2.98B$2.58B$2.25B$3.61B$3.15B$2.84B$-486,000,000$3.21B$2.53B$2.25B$2.31B$2.17B
    EBITDA$5.05B$4.41B$3.88B$4.75B$4.19B$4.01B$1.40B$4.14B$3.88B$3.40B$3.25B$3.79B
    EBIT$4.54B$3.90B$3.36B$4.25B$3.70B$3.53B$927.00M$3.64B$3.43B$3.03B$2.88B$3.36B
    * Some calculated fields are derived from available data when not provided by source

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    News

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    PM Valuation and Fair Value

    P/E
    24.7x
    Forward P/E
    20.9x
    EV/EBITDA
    19.6x
    P/FCF
    24.5x
    PEG
    2.3x
    P/B
    -36.3x
    See GNG's fair value

    PM Profitability: Margins, ROIC and FCF

    Gross margin
    67.5%
    Operating margin
    40.0%
    Net margin
    25.6%
    ROIC
    31.6%
    ROE
    0.0%
    FCF margin
    29.9%
    FCF yield
    4.1%

    PM Competitors

    CompanyTicker
    Procter & Gamble CompanyPG
    PepsiCo IncPEP
    The Coca-Cola CompanyKO
    Anheuser Busch Inbev NV ADRBUD
    Costco Wholesale CorpCOST
    Unilever PLC ADRUL
    Walmart Inc.WMT
    Altria GroupMO

    Sector: Consumer Defensive

    PM Analyst Ratings

    Consensus
    Buy
    Analysts
    16
    Strong Buy
    3
    Buy
    9
    Hold
    4
    Sell
    0
    Strong Sell
    0

    PM Bull Case vs Bear Case

    Bull case

    • PM earns a 31.6% return on invested capital.
    • PM converts 29.9% of revenue into free cash flow.
    • PM has a 25.6% net profit margin.

    PM Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    4.7%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.34
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 8 down

    PM Dividend

    Forward yield
    3.2%
    Payout ratio
    82.0%
    3Y DPS growth
    3.8%
    5Y DPS growth
    3.5%
    Pay months
    Jan, Apr, Jul, Oct
    PM dividend history

    Frequently Asked Questions About PM

    What is PM's current dividend yield?

    Philip Morris International Inc (PM) has a forward dividend yield of 3.20%.

    Does PM pay dividends?

    Yes, Philip Morris International Inc pays dividends with a forward dividend yield of 3.20%.

    What is PM's P/E ratio?

    Philip Morris International Inc has a price-to-earnings (P/E) ratio of 24.67.

    What is PM's market cap?

    Philip Morris International Inc (PM) has a market capitalization of $320.42B with a current stock price of $199.84.

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