Philip Morris International Inc. (PM)

NYSE: PM · Real-Time Price · USD
188.64
+1.71 (0.91%)
May 13, 2026, 10:13 AM EDT - Market open
Market Cap294.01B +11.7%
Revenue (ttm)41.49B +8.1%
Net Income11.07B +46.0%
EPS7.10 +46.1%
Shares Out 1.56B
PE Ratio26.33
Forward PE21.96
Dividend$5.88 (3.12%)
Ex-Dividend DateMar 19, 2026
Volume594,617
Open187.49
Previous Close186.93
Day's Range185.39 - 189.64
52-Week Range142.11 - 191.30
Beta0.39
AnalystsStrong Buy
Price Target189.78 (+0.6%)
Earnings DateApr 22, 2026

About PM

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Industry Tobacco
Founded 1987
Employees 84,900
Stock Exchange NYSE
Ticker Symbol PM
Full Company Profile

Financial Performance

In 2025, PM's revenue was $40.65 billion, an increase of 7.31% compared to the previous year's $37.88 billion. Earnings were $11.32 billion, an increase of 60.88%.

Financial Statements

Analyst Summary

According to 9 analysts, the average rating for PM stock is "Strong Buy." The 12-month stock price target is $189.78, which is an increase of 0.60% from the latest price.

Price Target
$189.78
(0.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Philip Morris International's Moira Gilchrist Positions Human Judgment as a Critical Leadership Advantage Amid Rapid AI Adoption at Wall Street Journal Forum

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International's (PMI) (NYSE:PM) Chief Global Communications Officer, Moira Gilchrist, joined global thought leaders at The Wall Street Journal's Future of ...

5 days ago - Business Wire

Philip Morris International Holds 2026 Virtual Annual Meeting of Shareholders

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) held its 2026 Annual Meeting of Shareholders today. André Calantzopoulos, Chairman of the Board, addre...

7 days ago - Business Wire

Philip Morris International Transcript: AGM 2026

The meeting covered strong 2025 financial results, continued smoke-free transformation, and strategic plans through 2030. All director nominees and proposals, except the shareholder resolution on filter cleanup, were approved. Dividend growth and resilience amid global uncertainty were highlighted.

7 days ago - Transcripts

Forbes Includes Philip Morris International in Its Net Zero Leaders List

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International (PMI) (NYSE: PM) has been included once more in Forbes' 2026 Net Zero Leaders1 list, recognizing its leadership and continued progress in adv...

9 days ago - Business Wire

Philip Morris International to Host Webcast of 2026 Virtual Annual Meeting of Shareholders

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast of its 2026 Annual Meeting of Shareholders on Wednesday, May 6, 2026, a...

14 days ago - Business Wire

Philip Morris (PM) Had a Standout Q1 and the Smoke-Free Bet Is Paying Off

Philip Morris ($PM) still offers meaningful upside following a standout Q1, as its smoke-free strategy continues to strengthen the growth story. The latest quarter reinforced that this is no longer…

19 days ago - TipRanks

Philip Morris expands partnership with Ducati Corse

Philip Morris (PM) International announced an expanded partnership with Ducati Corse for the 2026 season and beyond. This next chapter introduces a major development: the ZYN brand of nicotine pouches...

20 days ago - TheFly

Philip Morris International Expands its Partnership with Ducati Corse as Decades-Long Partnership Races Forward with Purpose

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International1 (NYSE: PM) today announced an expanded partnership with Ducati Corse for the 2026 season and beyond. This next chapter introduces a major de...

20 days ago - Business Wire

Philip Morris stock jumps 7% as smoke-free growth drives beat

Shares of Philip Morris International rose about 7% on Wednesday after the tobacco giant reported stronger-than-expected first-quarter results, driven by robust growth in its smoke-free business and s...

20 days ago - Invezz

Philip Morris International Earnings Call Transcript: Q1 2026

Q1 2026 saw robust growth in smoke-free products, strong pricing, and margin expansion, driving double-digit gains in adjusted operating income and EPS. Guidance for 2026 is reaffirmed, with continued investment in innovation and sustainability, despite regulatory and macroeconomic uncertainties.

21 days ago - Transcripts

Philip Morris Sales Rise on Smoke-Free Business Growth

Philip Morris International logged higher revenue in the first quarter, with particularly strong growth in its smoke-free business.

21 days ago - WSJ

Philip Morris cuts annual profit forecast

Philip Morris International ​cut its ‌annual profit forecast on ​Wednesday, ​signaling pressure from heightened ⁠competition ​in tobacco ​products and regulatory uncertainty over ​its Zyn ​nicotine po...

21 days ago - Reuters

Options Volatility and Implied Earnings Moves Today, April 22, 2026

Today, several major companies are expected to report earnings: AT&T (T), Boeing (BA), International Business Machines (IBM), Lam Research (LRCX), Philip Morris (PM), Southwest Airlines (LUV), Service...

Other symbols: BAIBMLRCXLUVNOWQST
21 days ago - TipRanks

Philip Morris International Reports 2026 First-Quarter Results and Updates 2026 Full-Year Adjusted Diluted EPS Forecast for Currency Only;

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today announces its 2026 first quarter results.1 "Our performance exceeded our expectations in the fir...

21 days ago - Business Wire

IQOS and Devialet Introduce “Soundsorial Design” Collaboration

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International (NYSE: PM) today announced a collaboration between IQOS – the number 1 tobacco heating system1, and Devialet – the French acoustic engineerin...

23 days ago - Business Wire

Philip Morris International Announces U.S. FDA Reauthorization of IQOS as a Modified Risk Tobacco Product

STAMFORD, CT--(BUSINESS WIRE)--The U.S. Food and Drug Administration (FDA) announced that it has authorized the renewal of modified risk tobacco product (MRTP) orders previously granted to PMI for two...

25 days ago - Business Wire

Philip Morris price target lowered to $168 from $181.50 at UBS

UBS lowered the firm’s price target on Philip Morris (PM) to $168 from $181.50 and keeps a Neutral rating on the shares. The firm updated its model ahead of the…

26 days ago - TheFly

Philip Morris price target lowered to $190 from $205 at Morgan Stanley

Morgan Stanley analyst Eric Serotta lowered the firm’s price target on Philip Morris (PM) to $190 from $205 and keeps an Overweight rating on the shares. The firm updated its…

26 days ago - TheFly

One in Three Cigarettes in the Region of The Americas in 2025 Is Illicit, New Study Finds

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International (NYSE: PM) today emphasizes the importance of effective policymaking in responding to the growing illicit tobacco trade in the Region of the ...

4 weeks ago - Business Wire

Philip Morris International to Host Webcast of 2026 First-Quarter Results

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast on Wednesday, April 22, 2026, at 9:00 a.m. ET, to discuss its 2026 Firs...

4 weeks ago - Business Wire

3 Steady Stocks with 3% Yields and Growing Profits

AT&T, Darden Restaurants, and Philip Morris International offer reliable dividends above 3% and steady earnings growth in a volatile market.

Other symbols: DRIT
4 weeks ago - Barrons

Philip Morris to serve as Principal Partner of Ferrari Hypersail

Philip Morris (PM) International announced it will serve as Principal Partner of Ferrari Hypersail. “Ferrari’s pursuit of record-breaking performance at sea mirrors PMI’s own journey of change and inn...

4 weeks ago - TheFly

Philip Morris International Joins Ferrari Hypersail as Principal Partner, Building on 50-Year Relationship

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International (NYSE: PM) today announced it will serve as Principal Partner of Ferrari Hypersail, an initiative that applies Ferrari engineering and racing...

4 weeks ago - Business Wire

Philip Morris price target lowered to $195 from $200 at Stifel

Stifel analyst Matthew Smith lowered the firm’s price target on Philip Morris (PM) to $195 from $200 and keeps a Buy rating on the shares. The firm, which maintains a…

4 weeks ago - TheFly

Philip Morris Stock Drops. Nicotine Pouches' FDA Review Is Delayed, Report Says.

Analysts view a reported FDA delay as a negative for the tobacco giant.

5 weeks ago - Barrons