Philip Morris International Inc. (PM)
| Market Cap | 240.07B |
| Revenue (ttm) | 37.88B |
| Net Income (ttm) | 7.03B |
| Shares Out | 1.55B |
| EPS (ttm) | 4.52 |
| PE Ratio | 34.16 |
| Forward PE | 21.66 |
| Dividend | $5.40 (3.50%) |
| Ex-Dividend Date | Dec 26, 2024 |
| Volume | 5,083,488 |
| Open | 151.17 |
| Previous Close | 151.57 |
| Day's Range | 150.96 - 154.63 |
| 52-Week Range | 87.82 - 154.63 |
| Beta | 0.57 |
| Analysts | Buy |
| Price Target | 135.82 (-12.03%) |
| Earnings Date | Feb 6, 2025 |
About PM
Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut. [Read more]
Financial Performance
In 2024, PM's revenue was $37.88 billion, an increase of 7.69% compared to the previous year's $35.17 billion. Earnings were $7.03 billion, a decrease of -9.72%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for PM stock is "Buy." The 12-month stock price forecast is $135.82, which is a decrease of -12.03% from the latest price.
News
Philip Morris International Inc. (PM) Consumer Analyst Group of New York Conference (CAGNY) 2025 (Transcript)
Philip Morris International Inc. (NYSE:PM) Consumer Analyst Group of New York Conference (CAGNY) 2025 February 19, 2025 1:00 PM ET Company Participants Jacek Olczak - Chief Executive Officer Emmanuel...
Philip Morris International Presents at 2025 CAGNY Conference; Reaffirms 2025 Full-Year Forecast
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.'s (PMI) (NYSE: PM) Chief Executive Officer, Jacek Olczak, and Chief Financial Officer, Emmanuel Babeau, will address in...
Philip Morris International to Present at 2025 CAGNY Conference
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast of a presentation by Jacek Olczak, Chief Executive Officer, and Emmanue...
Philip Morris: No Margin Of Safety
Philip Morris delivered strong Q4 results, surpassing EPS and revenue estimates, driven by surging demand for non-traditional products like IQOS and ZYN. Non-traditional products now represent 40% of ...
Philip Morris CEO on the growing demand for Zyn
Jacek Olczak, Philip Morris International CEO, joined CNBC's "Money Movers" on Thursday and discussed the growing demand for Zyn.
Philip Morris International Inc. (PM) Q4 2024 Earnings Call Transcript
Philip Morris International Inc. (NYSE:PM) Q4 2024 Earnings Conference Call February 6, 2024 9:00 AM ET Corporate Participants James Bushnell - Vice President, Investor Relations and Financial Commun...
Philip Morris CEO: We're pleased with FDA approval of Zyn
Jacek Olczak, Philip Morris International CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent earnings.
Philip Morris Stock Hits All-Time High on Demand for Smoke-Free Options
Philip Morris International (PM) shares traded at an all-time high Thursday after the tobacco giant posted better-than-expected results and guidance on soaring demand for its non-smoking alternatives.
Philip Morris Q4: Earnings Beat, Smoke-Free Sales Gain Ground & More
Philip Morris International Inc. PM shares are trading higher on Thursday after fourth-quarter FY24 earnings result.
Philip Morris's stock rises as outlook tops analyst estimates
Tobacco giant cites boost from smokeless products such as the Zyn nicotine pouch.
Philip Morris forecasts upbeat 2025 profit as demand for ZYN nicotine pouches surges
Cigarette maker Philip Morris International on Thursday forecast 2025 profit above estimates after recording better-than-expected quarterly results on the back of strong demand for its smoking alterna...
Philip Morris International Reports 2024 Fourth-Quarter & Full-Year Results
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today announces its 2024 fourth-quarter and full-year results.1 "2024 was a remarkable year for PMI. W...
Philip Morris International: The Margin Of Safety Is Not As Wide Anymore
Philip Morris is a leading dividend business with strong smoke-free product growth, including IQOS and ZYN, driving revenue and market share. Despite PM's impressive performance and growth prospects, ...
Philip Morris International: Market Is Underestimating The Company's True Growth Prospects
Philip Morris International (PMI) offers strong growth, consistent cash flow, and prioritizes shareholder returns through dividends and buybacks, outperforming the S&P 500 over the last five years. PM...
Philip Morris: Fairly Priced Into Earnings, But A Very Strong Chart
I maintain a hold rating on Philip Morris International due to its P/E multiple above 20, despite a strong technical chart. PM's Q3 results were robust, with non-GAAP EPS of $1.91 beating estimates an...
Philip Morris International to Host Webcast of 2024 Fourth-Quarter and Full-Year Results
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2024Q4earnings on Thursday, February 6, 2025, at 9:00 a....
How Zyn helped Philip Morris International make a comeback
Philip Morris is investing more than $800 million to expand production in the U.S. as Zyn's popularity soars.
Feeling Bearish? Stock Up On These 5 Defensive Positions
As a new administration enters the White House, uncertainty looms about which direction markets are headed. Potential negative events that could create a bear market include global tariffs, rising inf...
Big Fund Sold Philip Morris, Apple, and PayPal Stock. It Bought Lululemon.
MEAG Munich Ergo, a Munich Re company, slashed stakes in Philip Morris, Apple, and PayPal, and bought Lululemon stock in the fourth quarter.
Multinational Survey by Philip Morris International Demonstrates Need for Greater Collaboration to Advance Innovation
STAMFORD, CT--(BUSINESS WIRE)--The challenges facing our world can overwhelm, but most people strongly believe in innovation's potential to address the most critical issues in the next 10–20 years, ac...
Philip Morris's Zyn nicotine pouch isn't safe, but FDA gives OK to marketing it
Shares of Philip Morris extended their recent bounce Thursday after the U.S. Food and Drug Administration authorized the marketing of 20 of the tobacco company's Zyn nicotine pouches.
The Best Defensive Stocks To Hedge Against Market Uncertainty
2025 has kicked off with an air of uncertainty as investors wait to see how Donald Trump's economic agenda will impact inflation. A potential bear market presents opportunities to reassess portfolios ...
Philip Morris: Shift To Smoke-Free Sparks Steady Dividend Growth
Philip Morris International aims to be 66% smoke-free by 2030, leveraging high-margin smoke-free products to mitigate regulatory risks and boost profits. PM's acquisition of Swedish Match and US IQOS ...
Philip Morris Continues To Be A Top Dividend Idea Yielding Around 4.5%
Philip Morris (PM) outperformed the S&P 500 in 2024, driven by strong financials, a 4.5% dividend yield, and consistent cash generation exceeding $10 billion annually. Despite regulatory risks, PM's d...