PM Market Cap

PM has a market cap or net worth of $310.91 billion as of October 23, 2026. It is the 48th most valuable company in the world and the 34th biggest in the United States. Its market cap has increased by 27.33% in one year.

Market Cap

310.91B

Enterprise Value

351.78B

1-Year Change

27.33%

Global Rank

#48

Country Rank

#34 United States

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Since March 17, 2008, PM's market cap has increased from $104.18B to $310.91B, an increase of 198.43%. That is a compound annual growth rate of 6.05%.

Market Cap History

Date	Market Cap	% Change
Oct 23, 2026	310.90B	24.52%
Dec 31, 2025	249.68B	33.43%
Dec 31, 2024	187.12B	28.12%
Dec 29, 2023	146.05B	-6.91%
Dec 30, 2022	156.90B	6.08%
Dec 31, 2021	147.90B	14.71%
Dec 31, 2020	128.93B	-2.61%
Dec 31, 2019	132.39B	27.57%
Dec 31, 2018	103.78B	-36.76%
Dec 29, 2017	164.10B	15.62%
Dec 30, 2016	141.93B	4.21%
Dec 31, 2015	136.20B	7.62%
Dec 31, 2014	126.55B	-9.35%
Dec 31, 2013	139.60B	-0.09%
Dec 31, 2012	139.73B	2.50%
Dec 30, 2011	136.32B	28.36%
Dec 31, 2010	106.20B	15.70%
Dec 31, 2009	91.79B	4.28%
Dec 31, 2008	88.02B	-15.51%
Mar 17, 2008	104.18B	-

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Market Capitalization

Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.

Formula: Market Cap = Stock Price * Shares Outstanding

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