Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
200.17
+4.51 (2.31%)
At close: Jul 28, 2026, 4:00 PM EDT
202.00
+1.83 (0.91%)
After-hours: Jul 28, 2026, 7:59 PM EDT
PM Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | 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 | Sep '21 Sep 30, 2021 |
Revenue Revenue Growth | 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 | 8,122 |
Revenue Growth | 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% | 9.08% |
Gross Profit Gross Profit Growth | 7,659 | 6,905 | 6,802 | 7,344 | 6,866 | 6,270 | 6,283 | 6,545 | 6,123 | 5,598 | 5,585 | 5,976 | 5,739 | 4,981 | 4,941 | 5,097 | 5,184 | 5,138 | 5,297 | 5,526 |
Operating Income Operating Income Growth | 4,530 | 3,893 | 3,373 | 4,263 | 3,712 | 3,544 | 3,259 | 3,654 | 3,444 | 3,045 | 2,889 | 3,370 | 1,901 | 2,731 | 2,924 | 2,968 | 3,056 | 3,298 | 2,947 | 3,455 |
Net Income Net Income Growth | 2,817 | 2,438 | 2,141 | 3,478 | 3,039 | 2,690 | -579 | 3,082 | 2,406 | 2,148 | 2,196 | 2,054 | 903 | 1,995 | 2,397 | 2,087 | 2,233 | 2,331 | 2,093 | 2,426 |
Earnings Per Share EPS Growth | 1.80 | 1.56 | 1.37 | 2.23 | 1.95 | 1.72 | -0.38 | 1.97 | 1.54 | 1.38 | 1.41 | 1.32 | 1.01 | 1.28 | 1.54 | 1.34 | 1.43 | 1.50 | 1.34 | 1.55 |
EPS Growth | -7.69% | -9.30% | - | 13.20% | 26.62% | 24.64% | - | 49.24% | 52.48% | 7.81% | -8.44% | -1.49% | -29.37% | -14.67% | 14.92% | -13.55% | 2.88% | -3.23% | 5.51% | 4.73% |
| Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | 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 | Sep '21 Sep 30, 2021 |
Smoke-Free Products Smoke-Free Products Growth | 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 | 2,326 |
Combustible Products Combustible Products Growth | 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 | 5,796 |
Revenue (Total) Revenue (Total) Growth | 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 | 8,122 |
| Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | 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 | Sep '21 Sep 30, 2021 |
Cash & Investments Cash & Investments Growth | 5,999 | 5,450 | 4,872 | 4,037 | 4,138 | 4,138 | 4,216 | 4,258 | 4,807 | 3,968 | 3,060 | 3,017 | 3,492 | 2,428 | 3,207 | 5,368 | 5,036 | 4,622 | 4,496 | 4,491 |
Total Debt Total Debt Growth | 49,113 | 51,948 | 48,835 | 50,082 | 51,462 | 51,462 | 45,695 | 49,222 | 49,139 | 50,387 | 47,909 | 47,715 | 47,893 | 8,705 | 43,123 | 27,221 | 28,052 | 29,357 | 27,806 | 29,105 |
Net Cash (Debt) Net Cash Growth | -43,114 | -46,498 | -43,963 | -46,045 | -47,324 | -47,324 | -41,479 | -44,964 | -44,332 | -46,419 | -44,849 | -44,698 | -44,401 | -6,277 | -39,916 | -21,853 | -23,016 | -24,735 | -23,310 | -24,614 |
Net Cash Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -27.64 | -29.83 | -28.22 | -29.55 | -30.37 | -30.39 | -26.64 | -28.90 | -28.49 | -29.85 | -28.86 | -28.76 | -28.59 | -4.04 | -25.72 | -14.08 | -14.83 | -15.94 | -14.97 | -15.78 |
| Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | 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 | Sep '21 Sep 30, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 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 | 3,870 |
Capital Expenditures CapEx Growth | -380 | -353 | -444 | -365 | -356 | -404 | -278 | -379 | -370 | -417 | -311 | -371 | -360 | -279 | -347 | -252 | -249 | -229 | -289 | -152 |
Free Cash Flow Free Cash Flow Growth | 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 | 3,718 |
Free Cash Flow Growth | 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% | 7.40% |
| Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | 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 | Sep '21 Sep 30, 2021 |
Gross Margin | 68.43% | 68.06% | 65.64% | 67.72% | 67.71% | 67.41% | 64.73% | 66.04% | 64.67% | 63.66% | 61.73% | 65.38% | 64.00% | 62.11% | 60.61% | 63.46% | 66.19% | 66.33% | 65.36% | 68.04% |
Operating Margin | 40.48% | 38.37% | 32.55% | 39.31% | 36.61% | 38.10% | 33.58% | 36.87% | 36.38% | 34.63% | 31.93% | 36.87% | 21.20% | 34.06% | 35.87% | 36.95% | 39.02% | 42.58% | 36.36% | 42.54% |
Pretax Margin | 38.35% | 36.08% | 30.36% | 37.06% | 33.77% | 35.38% | 30.05% | 34.81% | 32.75% | 31.06% | 28.82% | 33.92% | 17.82% | 30.91% | 33.68% | 35.15% | 37.35% | 40.54% | 34.16% | 40.31% |
Profit Margin | 29.82% | 29.42% | 23.85% | 30.13% | 27.34% | 28.30% | -2.79% | 27.39% | 25.00% | 23.37% | 25.28% | 22.65% | 11.58% | 25.58% | 28.67% | 27.40% | 29.76% | 32.55% | 26.84% | 31.26% |
FCF Margin | 45.68% | -7.41% | 41.16% | 37.78% | 30.14% | -8.11% | 38.37% | 29.90% | 45.01% | -2.00% | 33.06% | 33.30% | 34.37% | -15.39% | 33.68% | 35.06% | 41.82% | 11.48% | 46.19% | 45.78% |
| Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | 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 | Sep '21 Sep 30, 2021 |
Dividend Per Share Dividend Per Share Growth | 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 | 1.250 |
Dividend Per Share Growth | 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% | 4.17% |
Dividend Yield | 0.81% | 0.90% | 0.92% | 0.83% | 0.74% | 0.86% | 1.13% | 1.07% | 1.29% | 1.43% | 1.39% | 1.38% | 1.30% | 1.32% | 1.26% | 1.51% | 1.27% | 1.34% | 1.32% | 1.27% |
| Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | 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 | Sep '21 Sep 30, 2021 |
PE Ratio | 25.99 | 23.25 | 22.09 | 29.38 | 34.63 | 32.73 | 26.63 | 19.27 | 17.93 | 17.89 | 18.74 | 17.98 | 18.88 | 17.40 | 17.42 | 14.80 | 16.97 | 16.25 | 16.30 | 16.46 |
Forward PE | 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 | 15.05 |
P/FCF Ratio | 22.16 | 24.16 | 23.41 | 24.94 | 31.54 | 24.23 | 17.37 | 18.80 | 15.57 | 15.93 | 18.53 | 18.82 | 20.45 | 19.85 | 16.13 | 12.00 | 13.17 | 12.29 | 13.13 | 14.07 |
PS Ratio | 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 | 4.69 | 4.80 |