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
201.27
+1.10 (0.55%)
After-hours: Jul 28, 2026, 7:26 PM EDT

PM Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
11,19210,14610,36210,84510,1409,3019,7069,9119,4688,7939,0479,1418,9678,0198,1528,0327,8327,7468,1048,122
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
7,6596,9056,8027,3446,8666,2706,2836,5456,1235,5985,5855,9765,7394,9814,9415,0975,1845,1385,2975,526
Operating Income
4,5303,8933,3734,2633,7123,5443,2593,6543,4443,0452,8893,3701,9012,7312,9242,9683,0563,2982,9473,455
Net Income
2,8172,4382,1413,4783,0392,690-5793,0822,4062,1482,1962,0549031,9952,3972,0872,2332,3312,0932,426
Earnings Per Share
1.801.561.372.231.951.72-0.381.971.541.381.411.321.011.281.541.341.431.501.341.55
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%

Revenue by Segment

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Smoke-Free Products
4,6454,3794,3534,4454,1613,8953,8873,7773,6103,3863,5583,3093,1772,7963,0122,4412,3692,4432,4922,326
Combustible Products
6,5475,7676,0096,4005,9795,4075,8196,1345,8585,4075,4895,8325,7905,2235,1405,5915,4635,3035,6125,796
Revenue (Total)
11,19210,14610,36210,84510,1409,3019,7069,9119,4688,7939,0479,1418,9678,0198,1528,0327,8327,7468,1048,122

Cash & Debt

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
5,9995,4504,8724,0374,1384,1384,2164,2584,8073,9683,0603,0173,4922,4283,2075,3685,0364,6224,4964,491
Total Debt
49,11351,94848,83550,08251,46251,46245,69549,22249,13950,38747,90947,71547,8938,70543,12327,22128,05229,35727,80629,105
Net Cash (Debt)
-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
-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

Cash Flow & CapEx

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
5,492-3994,7094,4623,412-3504,0023,3424,6322413,3023,4153,442-9553,0933,0683,5241,1184,0323,870
Capital Expenditures
-380-353-444-365-356-404-278-379-370-417-311-371-360-279-347-252-249-229-289-152
Free Cash Flow
5,112-7524,2654,0973,056-7543,7242,9634,262-1762,9913,0443,082-1,2342,7462,8163,2758893,7433,718
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%

Margins

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
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%

Dividends

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Dividend Per Share
1.4701.4701.4701.4701.3501.3501.3501.3501.3001.3001.3001.3001.2701.2701.2701.2701.2501.2501.2501.250
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%

Valuation

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
25.9923.2522.0929.3834.6332.7326.6319.2717.9317.8918.7417.9818.8817.4017.4214.8016.9716.2516.3016.46
Forward PE
21.1419.5719.7620.3023.4422.2717.1217.8515.4814.3814.8514.7215.6015.3718.0214.7617.8115.6615.4515.05
P/FCF Ratio
22.1624.1623.4124.9431.5424.2317.3718.8015.5715.9318.5318.8220.4519.8516.1312.0013.1712.2913.1314.07
PS Ratio
6.636.216.146.317.266.444.945.074.323.964.154.194.574.714.944.064.814.614.694.80