Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
197.88
-3.62 (-1.80%)
At close: Nov 6, 2026, 4:00 PM EST
198.83
+0.95 (0.48%)
After-hours: Nov 6, 2026, 7:58 PM EST
PM Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 11,438 | 11,192 | 10,146 | 10,362 | 10,845 | 10,140 | 9,301 | 9,706 | 9,911 | 9,468 | 8,793 | 9,047 | 9,141 | 8,967 | 8,019 | 8,152 | 8,032 | 7,832 | 7,746 | 8,104 |
Revenue Growth | 5.47% | 10.38% | 9.09% | 6.76% | 9.42% | 7.10% | 5.78% | 7.28% | 8.42% | 5.59% | 9.65% | 10.98% | 13.81% | 14.49% | 3.52% | 0.59% | -1.11% | 3.13% | 2.12% | 8.87% |
Gross Profit Gross Profit Growth | 7,854 | 7,659 | 6,905 | 6,802 | 7,361 | 6,866 | 6,270 | 6,283 | 6,545 | 6,123 | 5,598 | 5,621 | 5,976 | 5,739 | 4,999 | 5,069 | 5,097 | 5,204 | 5,164 | 5,297 |
Operating Income Operating Income Growth | 4,797 | 4,477 | 3,657 | 3,413 | 4,406 | 5,079 | 3,815 | 2,695 | 4,304 | 3,527 | 2,689 | 3,689 | 3,282 | 3,273 | 2,836 | 2,667 | 3,426 | 3,124 | 3,336 | 2,960 |
Net Income Net Income Growth | 3,305 | 2,810 | 2,431 | 2,135 | 3,468 | 3,031 | 2,682 | -580 | 3,073 | 2,399 | 2,142 | 2,191 | 2,048 | 1,563 | 1,989 | 2,391 | 2,082 | 2,226 | 2,324 | 2,088 |
Earnings Per Share EPS Growth | 2.12 | 1.80 | 1.56 | 1.37 | 2.23 | 1.95 | 1.72 | -0.37 | 1.97 | 1.54 | 1.38 | 1.41 | 1.32 | 1.01 | 1.28 | 1.54 | 1.34 | 1.43 | 1.50 | 1.34 |
EPS Growth | -4.82% | -7.54% | -9.30% | - | 13.06% | 26.41% | 24.70% | - | 49.29% | 52.92% | 7.75% | -8.50% | -1.52% | -29.57% | -14.63% | 14.76% | -13.55% | 2.88% | -3.11% | 6.29% |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Smoke-Free Products Smoke-Free Products Growth | 4,625 | 4,645 | 4,379 | 4,353 | 4,445 | 4,161 | 3,895 | 3,887 | 3,777 | 3,610 | 3,386 | 3,558 | 3,309 | 3,177 | 2,796 | 3,012 | 2,441 | 2,369 | 2,443 | 2,492 |
Combustible Products Combustible Products Growth | 6,812 | 6,547 | 5,767 | 6,009 | 6,400 | 5,979 | 5,407 | 5,819 | 6,134 | 5,858 | 5,407 | 5,489 | 5,832 | 5,790 | 5,223 | 5,140 | 5,591 | 5,463 | 5,303 | 5,612 |
Revenue (Total) Revenue (Total) Growth | 11,438 | 11,192 | 10,146 | 10,362 | 10,845 | 10,140 | 9,301 | 9,706 | 9,911 | 9,468 | 8,793 | 9,047 | 9,141 | 8,967 | 8,019 | 8,152 | 8,032 | 7,832 | 7,746 | 8,104 |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 6,693 | 6,003 | 5,463 | 4,872 | 4,044 | 4,141 | 4,443 | 4,216 | 4,258 | 4,807 | 3,968 | 3,061 | 3,017 | 3,492 | 2,428 | 3,207 | 5,560 | 5,036 | 4,622 | 4,496 |
Total Debt Total Debt Growth | 47,731 | 49,139 | 51,975 | 49,595 | 50,123 | 51,493 | 49,633 | 46,352 | 49,271 | 49,196 | 50,458 | 48,658 | 47,805 | 47,974 | 47,201 | 43,820 | 27,305 | 28,052 | 29,357 | 28,342 |
Net Cash (Debt) Net Cash Growth | -41,038 | -43,136 | -46,512 | -44,723 | -46,079 | -47,352 | -45,190 | -42,136 | -45,013 | -44,389 | -46,490 | -45,597 | -44,788 | -44,482 | -44,773 | -40,613 | -21,745 | -23,016 | -24,735 | -23,846 |
Net Cash Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -26.31 | -27.65 | -29.83 | -28.71 | -29.58 | -30.39 | -29.02 | -27.06 | -28.93 | -28.53 | -29.90 | -29.34 | -28.82 | -28.64 | -28.83 | -26.17 | -14.01 | -14.83 | -15.94 | -15.32 |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 5,352 | 5,492 | -399 | 4,709 | 4,462 | 3,412 | -350 | 4,002 | 3,342 | 4,632 | 241 | 3,302 | 3,415 | 3,442 | -955 | 3,093 | 3,068 | 3,524 | 1,118 | 4,032 |
Capital Expenditures CapEx Growth | -382 | -380 | -353 | -444 | -365 | -356 | -404 | -278 | -379 | -370 | -417 | -311 | -371 | -360 | -279 | -347 | -252 | -249 | -229 | -289 |
Free Cash Flow Free Cash Flow Growth | 4,970 | 5,112 | -752 | 4,265 | 4,097 | 3,056 | -754 | 3,724 | 2,963 | 4,262 | -176 | 2,991 | 3,044 | 3,082 | -1,234 | 2,746 | 2,816 | 3,275 | 889 | 3,743 |
Free Cash Flow Growth | 21.31% | 67.28% | - | 14.53% | 38.27% | -28.30% | - | 24.51% | -2.66% | 38.29% | - | 8.92% | 8.10% | -5.89% | - | -26.64% | -24.26% | -6.48% | 247.27% | 23.86% |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 68.67% | 68.43% | 68.06% | 65.64% | 67.88% | 67.71% | 67.41% | 64.73% | 66.04% | 64.67% | 63.66% | 62.13% | 65.38% | 64.00% | 62.34% | 62.18% | 63.46% | 66.44% | 66.67% | 65.36% |
Operating Margin | 41.94% | 40.00% | 36.04% | 32.94% | 40.63% | 50.09% | 41.02% | 27.77% | 43.43% | 37.25% | 30.58% | 40.78% | 35.90% | 36.50% | 35.37% | 32.72% | 42.65% | 39.89% | 43.07% | 36.52% |
Pretax Margin | 39.41% | 35.20% | 32.11% | 28.23% | 40.24% | 37.48% | 37.59% | 3.98% | 39.85% | 34.45% | 33.23% | 29.10% | 35.03% | 25.00% | 31.55% | 35.61% | 35.41% | 37.54% | 39.81% | 34.82% |
Profit Margin | 28.89% | 25.11% | 23.96% | 20.60% | 31.98% | 29.89% | 28.84% | -5.98% | 31.01% | 25.34% | 24.36% | 24.22% | 22.41% | 17.43% | 24.80% | 29.33% | 25.92% | 28.42% | 30.00% | 25.77% |
FCF Margin | 43.45% | 45.67% | -7.41% | 41.16% | 37.78% | 30.14% | -8.11% | 38.37% | 29.90% | 45.02% | -2.00% | 33.06% | 33.30% | 34.37% | -15.39% | 33.68% | 35.06% | 41.82% | 11.48% | 46.19% |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 1.600 | 1.470 | 1.470 | 1.470 | 1.470 | 1.350 | 1.350 | 1.350 | 1.350 | 1.300 | 1.300 | 1.300 | 1.300 | 1.270 | 1.270 | 1.270 | 1.270 | 1.250 | 1.250 | 1.250 |
Dividend Per Share Growth | 8.84% | 8.89% | 8.89% | 8.89% | 8.89% | 3.85% | 3.85% | 3.85% | 3.85% | 2.36% | 2.36% | 2.36% | 2.36% | 1.60% | 1.60% | 1.60% | 1.60% | 4.17% | 4.17% | 4.17% |
Dividend Yield | 3.15% | 3.25% | 3.48% | 3.52% | 3.40% | 2.96% | 3.37% | 4.40% | 4.32% | 5.13% | 5.64% | 5.46% | 5.52% | 5.20% | 5.20% | 4.98% | 6.05% | 5.06% | 5.27% | 5.14% |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 27.85 | 26.00 | 23.29 | 22.07 | 29.36 | 34.55 | 32.62 | - | 19.25 | 17.94 | 17.93 | 18.75 | 17.99 | 18.88 | 17.37 | 17.39 | 14.76 | 16.90 | 16.18 | 16.28 |
Forward PE | 21.69 | 21.14 | 19.57 | 19.76 | 20.30 | 23.44 | 22.27 | 17.12 | 17.85 | 15.48 | 14.38 | 14.85 | 14.72 | 15.60 | 15.37 | 18.02 | 14.76 | 17.81 | 15.66 | 15.45 |
P/FCF Ratio | 21.88 | 22.16 | - | 23.41 | 24.94 | 31.54 | - | 17.37 | 18.80 | 15.56 | - | 18.53 | 18.82 | 20.45 | - | 16.13 | 12.00 | 13.17 | 12.29 | 13.18 |
PS Ratio | 6.89 | 6.63 | 6.21 | 6.14 | 6.31 | 7.26 | 6.44 | 4.94 | 5.07 | 4.32 | 3.96 | 4.15 | 4.19 | 4.57 | 4.71 | 4.94 | 4.06 | 4.81 | 4.61 | 4.71 |