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PM

Philip Morris International Inc.

PM

NYSE·Consumer Defensive·Tobacco·Mkt cap $292.9B

$187.94

+0.42%

P/E

27.00

Mkt Cap

$292.9B

52-Wk Range

$142.11–$207.76

52-Week Range

$142.11 - $207.76

P/E

27.00

Fwd P/E

22.46

Beta

0.40

Div Yield

3.13%

Avg Vol

4.9M

Shares Out

1.6B

Mkt Cap

$292.9B

Price action

Price chart

Up 12.3% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Iconic global brand portfolio with Marlboro as world's leading cigarette brand
  • Early-mover advantage in smoke-free product innovation across 71 markets
  • Extensive international distribution network and regulatory expertise across 180+ countries
  • Strong cash generation and financial resources for R&D and product development
  • Diversified geographic presence reducing dependence on single markets

Bear Case

2 risks

  • Low volatility (beta 0.4).
  • Premium valuation to Tobacco peers

Growth

Stable outlook

Expanding smoke-free product adoption as consumer preferences shift toward reduced-risk alternatives

Value

Premium valuation to Tobacco peers

Momentum

Strong

+8.2% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

3.13% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 20, 2026

Q3 26 RECAP

JUL 22, 2026

Reported EPS of $2.20 vs $2.05 consensus (+7.3% surprise). Revenue of $11.2B vs $10.6B expected (+5.6%). Beat on both top and bottom lines.

EPS beat +7.3%
Rev beat +5.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+7.3%

Revenue trend · last 8Q

+7%

+5%

+7%

+9%

+7%

+10%

+10%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$9.9B

$9.7B

$9.2B

$10.1B

$10.8B

$10.4B

$10.1B

$11.2B

Margins · last 8Q

Gross

68.4%

Operating

40.5%

Profit

25.2%

Wall Street consensus

7 analysts · 86% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

6

86%

Hold

1

14%

Sell

0%

Median Price Target

Latest: Barclays · Jul 29, 2026

vs Industry

How PM stacks vs Tobacco

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.