Philip Morris International
US.PM
182.53
-3.64
-1.96%
Philip Morris International
182.53
-3.64
-1.96%
Live - 104 symbols - heartbeat 67s ago
· 2026-09-04 20:02
Pre-market
184.41
-0.95%
After-hours
182.53
0.00%
Overnight
186.00
-0.09%
Revenue annual, last 8 years
Latest year +7.31% YoY
Margins
- Gross margin
- 67.12%
- Operating margin
- 36.74%
- Net margin
- 27.84%
Key ratios & quality
- Enterprise value
- 328.46B
- PEG ratio
- 3.35
- Altman Z-Score
- 4.21
PEG uses trailing P/E against the 3-year net income growth rate (7.84%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 4.21, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.63B | 29.81B | 28.69B | 31.41B | 31.76B | 35.17B | 37.88B | 40.65B |
| Gross profit | 18.87B | 19.29B | 19.13B | 21.38B | 20.36B | 22.28B | 24.55B | 27.28B |
| Selling & admin expenses | 7.41B | 8.70B | 7.38B | 8.40B | 8.11B | 10.06B | 11.15B | 12.35B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 11.38B | 10.53B | 11.67B | 12.98B | 12.25B | 12.22B | 13.40B | 14.93B |
| Pretax profit | 10.67B | 9.87B | 10.95B | 12.23B | 11.63B | 10.45B | 12.20B | 13.88B |
| Tax | 2.45B | 2.29B | 2.38B | 2.67B | 2.24B | 2.34B | 3.02B | 2.74B |
| Net profit | 8.29B | 7.73B | 8.59B | 9.71B | 9.53B | 8.27B | 7.50B | 11.85B |
| Basic EPS | 5 | 5 | 5 | 6 | 6 | 5 | 5 | 7 |
| Diluted EPS | 5.08 | 4.61 | 5.16 | 5.83 | 5.81 | 5.02 | 4.52 | 7.26 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 9.30B | 10.14B | 10.85B | 10.36B | 10.15B | 11.19B |
| Gross profit | 6.27B | 6.87B | 7.36B | 6.80B | 6.91B | 7.66B |
| Selling & admin expenses | 2.73B | 2.99B | 3.10B | 3.43B | 3.01B | 2.98B |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 3.54B | 3.75B | 4.26B | 3.37B | 3.89B | 4.53B |
| Pretax profit | 3.29B | 3.42B | 4.02B | 3.15B | 3.66B | 4.29B |
| Tax | 659.00M | 652.00M | 751.00M | 675.00M | 676.00M | 955.00M |
| Net profit | 2.84B | 3.15B | 3.61B | 2.25B | 2.58B | 2.99B |
| Basic EPS | 2 | 2 | 2 | 1 | 2 | 2 |
| Diluted EPS | 1.72 | 1.95 | 2.23 | 1.37 | 1.56 | 1.80 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 19.44B | 20.51B | 21.49B | 17.72B | 19.62B | 19.76B | 20.17B | 24.36B |
| Cash & ST investments | 6.59B | 6.86B | 7.28B | 4.50B | 3.21B | 3.06B | 4.22B | 4.87B |
| Inventory | 8.80B | 9.24B | 9.59B | 8.72B | 9.89B | 10.77B | 9.45B | 11.48B |
| Total assets | 39.80B | 42.88B | 44.82B | 41.29B | 61.68B | 65.30B | 61.78B | 69.19B |
| Total current liabilities | 17.19B | 18.83B | 19.62B | 19.26B | 27.34B | 26.38B | 22.92B | 25.43B |
| Short-term debt | 4.78B | 4.39B | 3.37B | 3.02B | 8.25B | 6.67B | 3.53B | 3.70B |
| Long-term debt | 26.98B | 26.66B | 28.17B | 24.78B | 34.88B | 41.24B | 42.17B | 45.13B |
| Total liabilities | 50,540,000,000.00 | 52,474,000,000.00 | 55,446,000,000.00 | 49,498,000,000.00 | 67,992,000,000.00 | 74,750,000,000.00 | 71,654,000,000.00 | 77,213,000,000.00 |
| Total equity | -10.74B | -9.60B | -10.63B | -8.21B | -6.31B | -9.45B | -9.87B | -8.03B |
| Retained earnings | 31.01B | 30.99B | 31.64B | 33.08B | 34.29B | 34.09B | 32.87B | 35.40B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 22.20B | 23.36B | 22.67B | 24.36B | 25.60B | 26.01B |
| Cash & ST investments | 4.44B | 4.14B | 4.04B | 4.87B | 5.45B | 6.00B |
| Inventory | 10.13B | 10.73B | 10.27B | 11.48B | 11.39B | 11.44B |
| Total assets | 65.08B | 68.51B | 67.06B | 69.19B | 68.91B | 68.27B |
| Total current liabilities | 28.09B | 28.15B | 26.72B | 25.43B | 26.22B | 26.54B |
| Short-term debt | 10.80B | 9.03B | 8.22B | 3.70B | 8.14B | 6.75B |
| Long-term debt | 38.78B | 42.43B | 41.86B | 45.13B | 43.81B | 42.37B |
| Total liabilities | 74,005,000,000.00 | 78,518,000,000.00 | 76,045,000,000.00 | 77,213,000,000.00 | 76,213,000,000.00 | 74,928,000,000.00 |
| Total equity | -8.93B | -10.01B | -8.98B | -8.03B | -7.30B | -6.66B |
| Retained earnings | 33.45B | 34.38B | 35.56B | 35.40B | 35.54B | 36.06B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 9.48B | 10.09B | 9.81B | 11.97B | 10.80B | 9.20B | 12.22B | 12.23B |
| Depreciation & amortization | 989.00M | 964.00M | 981.00M | 998.00M | 1.08B | 1.40B | 1.79B | 2.00B |
| Free cash flow | 8.04B | 9.24B | 9.21B | 11.22B | 9.73B | 7.88B | 10.77B | 10.66B |
| Dividends paid | -6.89B | -7.16B | -7.36B | -7.58B | -7.81B | -7.96B | -8.20B | -8.62B |
| Stock buybacks / issuance | -- | 0 | 0 | -775.00M | -209.00M | 0 | 0 | -- |
| Ending cash balance | 6.62B | 6.87B | 7.29B | 4.50B | 3.22B | 3.15B | 4.25B | 4.89B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -350.00M | 3.41B | 4.46B | 4.71B | -399.00M | 5.49B |
| Depreciation & amortization | 480.00M | 490.00M | 505.00M | 521.00M | 510.00M | 513.00M |
| Free cash flow | -754.00M | 3.06B | 4.10B | 4.27B | -752.00M | 5.11B |
| Dividends paid | -2.12B | -2.11B | -2.11B | -2.30B | -2.31B | -2.30B |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 4.48B | 4.18B | 4.06B | 4.89B | 5.47B | 6.02B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE % | -- | -- | -- | -- | -- | -- | -- | -- |
| ROA % | 19.08 | 17.34 | 18.33 | 21.10 | 17.53 | 12.27 | 11.07 | 17.28 |
| ROIC % | -- | -- | -- | -- | -- | -- | -- | -- |
| 5-year avg ROE % | -- | -- | -- | -- | -- | -- | -- | -- |
| EBIT margin % | 38.91 | 35.79 | 40.71 | 41.30 | 39.05 | 34.05 | 36.86 | 38.05 |
| FCF / sales % | 27.15 | 30.99 | 32.10 | 35.72 | 30.62 | 22.41 | 28.44 | 26.24 |
| Current ratio | 1.13 | 1.09 | 1.10 | 0.92 | 0.72 | 0.75 | 0.88 | 0.96 |
| Quick ratio | 0.59 | 0.56 | 0.56 | 0.44 | 0.29 | 0.28 | 0.39 | 0.42 |
| Debt / assets | -- | -- | -- | -- | -- | -- | -- | -- |
| LT debt / equity | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest coverage | 13.48 | 13.40 | 16.05 | 17.60 | 16.15 | 7.85 | 7.92 | 9.75 |
| Revenue CAGR (3Y) % | 3.40 | 3.75 | -0.06 | 1.96 | 2.14 | 7.02 | 6.45 | 8.57 |
| Net income CAGR (3Y) % | 4.80 | 1.03 | 10.11 | 4.81 | 7.99 | -1.02 | -8.16 | 7.84 |
| FCF CAGR (3Y) % | 5.21 | 10.19 | 7.74 | 11.74 | 1.73 | -5.05 | -1.34 | 3.12 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE % | -- | -- | -- | -- | -- | -- |
| ROA % | 11.62 | 12.22 | 12.84 | 17.28 | 16.52 | 15.86 |
| ROIC % | -- | -- | -- | -- | -- | -- |
| 5-year avg ROE % | -- | -- | -- | -- | -- | -- |
| EBIT margin % | 37.68 | 37.73 | 38.37 | 38.05 | 38.16 | 39.18 |
| FCF / sales % | 26.56 | 23.01 | 25.31 | 26.24 | 25.71 | 29.90 |
| Current ratio | 0.79 | 0.83 | 0.85 | 0.96 | 0.98 | 0.98 |
| Quick ratio | 0.36 | 0.36 | 0.37 | 0.42 | 0.45 | 0.47 |
| Debt / assets | -- | -- | -- | -- | -- | -- |
| LT debt / equity | -- | -- | -- | -- | -- | -- |
| Interest coverage | 8.48 | 8.91 | 9.06 | 9.75 | 10.00 | 10.76 |
| Revenue CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Combustible tobacco58.50%
Smoke-free41.50%
Quote time 2026-09-04 20:02:23
For reference only, not investment advice.