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Stocks/Consumer Staples/Tobacco

Philip Morris InternationalPM

Tobacco · New York City, New York · In the S&P 500
High qualityPricier than peers
$208.79+0.14%After hours: $208.79 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 42.3% over 1 year
Philip Morris International over 1 yearDaily close, $, to 30 Oct 2026
$160$180$200Nov2026MarMayJulSep$208.79$150$175$200NovMarJul$208.79
Source: Nasdaq daily closes
Market value$325B
Price to earnings30.5x
Forward P/E24.5x
Dividend yield3.07%
Year to date+30.2%
One year+42.3%
Next earningsNot scheduled
SectorConsumer Staples
52-week range (closes)
$144.33$208.79

Quality and valuation

How Philip Morris International compares with other consumer staples stocks. A description, not a recommendation.

Philip Morris International and 7 tobacco peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most consumer staples companies, priced above most of them.

Philip Morris International trades at 24.5 times the next 12 months of expected earnings, against a median of 16.6x for the 35 consumer staples stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +7.9% vs +4.9%
  • Keeps more of each sale (gross margin): 67.7% vs 40.5%
  • More profitable (operating margin): 38.6% vs 13.6%
  • Turns more of its sales into cash: 31.5% vs 10.3%
PM trades at 24.5x forward earnings, above the sector medianForward p/e, Tobacco peers
MO13.5xPEP16.4xPG23.6xPM24.5xKO27.7xMNST38.5xWMT41.1xCOST44.4xSector median 16.6xMO13.5xPEP16.4xPG23.6xPM24.5xKO27.7xMNST38.5xWMT41.1xCOST44.4xSector median 16.6x
Source: CNBC quotes; Mostly Markets
At 30.5x earnings, PM is pricier than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20xAverage 28.2x2025202630.5x20xAverage 28.2x2025202630.5x
Source: Nasdaq prices; SEC filings

Financials

From Philip Morris International's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 5.5% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$5bn$10bnQ4 ’24Q2 ’25Q4 ’25$11.4bnQ3 ’26$0bn$5bn$10bnQ4 ’24Q2 ’25Q4 ’25$11.4bnQ3 ’26
Source: SEC filings
Growth slowed to +5.5% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’255.5%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’255.5%Q3 ’26
Source: SEC filings
Operating margin was 42.5% last quarterOperating income as a share of revenue, %
0%20%40%Q4 ’24Q2 ’25Q4 ’2542.5%Q3 ’260%20%40%Q4 ’24Q2 ’25Q4 ’2542.5%Q3 ’26
Source: SEC filings
Free cash flow was $13.6 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$5.0bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$5.0bnQ3 ’26
Source: SEC filings
Last 12 monthsPMSector median
Revenue growth+7.9%+4.9%
Gross margin67.7%40.5%
Operating margin38.6%13.6%
Free cash flow margin31.5%10.3%
Price to earnings30.5x24.5x

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Similar companies

Tobacco, by market value.

CompanyPriceTodayYTDValue
WMTWalmart$123.51+1.86%+10.9%$980B
COSTCostco$1,012.28+1.78%+17.4%$449B
KOCoca-Cola$94.08+1.36%+34.6%$405B
PGProcter & Gamble$161.57+0.61%+12.7%$374B
PEPPepsiCo$137.34+2.65%−4.3%$187B
MOAltria$78.03+1.67%+35.3%$130B
MNSTMonster Beverage$47.34+2.14%+23.5%$92.60B
MDLZMondelez International$64.94+3.85%+20.6%$82.88B