Philip Morris International Inc. (PM) is a Consumer Staples stock trading at $192.78 (as of 2026-07-17), with a market capitalization of $300.46B and a trailing P/E of 27.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.
Philip Morris International sells cigarettes and smoke-free nicotine products, and makes money by distributing these products in markets outside the United States, with its smoke-free brands including HEETS and Marlboro HeatSticks.
The profit engine is the mix between Combustibles and Smoke-Free (SFP), because the company earns large shares of net revenues from both categories and its shift toward a smoke-free future depends on how those two revenue streams develop over time.
| Combustibles | $6.0B |
| Smoke-Free (SFP) | $4.4B |
Business quality (Mixed): Clear product mix (combustibles versus smoke-free) and strong profitability at the company level, but no operating KPIs were provided here, and the long-term story depends on successfully evolving beyond traditional tobacco.
Valuation: At 26× earnings, PM trades 18% above the Tobacco Products average (22×). Note: one-time items can distort reported P/E.
| Price | $192.78 |
| Market Cap | $300.46B |
| P/E Ratio | 27.1 |
| EV / EBITDA | 17.4 |
| Price / Sales | 7.24 |
| FCF Yield | 3.5% |
| DCF Value (model) | $216.91 |
| DCF Upside vs Price | 12.5% |
| Revenue (TTM) | $40.65B |
| Net Margin | 27.9% |
| Revenue Growth (YoY) | 9.1% |
| EPS Growth (YoY) | -9.3% |
| FCF Growth (YoY) | -0.3% |
| Altman Z-Score | 4.33 (safe) |
| Piotroski F-Score | 6/9 (moderate) |
| Stock P/E | 27.1 |
| Sector P/E (Consumer Staples) | 26.4 |
| Industry P/E (Tobacco Products) | 21.7 |
| vs Sector | 2.7% |
| vs Industry | 25.1% |
| Top Institutional Holder | VANGUARD GROUP INC ($23.30B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Consumer Staples |
| Industry | Tobacco Products |
| CEO | Jacek Olczak |
| Employees | 83,100 |
| Country | US |
| IPO Date | 2008-03-17 |
Data as of 2026-07-17.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.