Philip Morris International (PM) Stock Price, Fundamentals & Analysis

What PM does

Philip Morris International (PM) operates as a tobacco company. It offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands, as well as consumer accessories such as lighters and matches. The company also offers wellness products. It is incorporated in 1987 and headquartered in Stamford, Connecticut.

Key numbers explained

• 190.84 USD is the current share price, representing the latest market value of one share of PM.
• The trailing P/E ratio of 26.2 shows how much investors pay per dollar of the company's last 12 months of earnings; a higher P/E can reflect higher growth expectations or a premium for stability.
• The forward P/E ratio of 20.8 uses expected future earnings, which can make the stock look cheaper if earnings are projected to grow.
• 7.29 USD is the earnings per share (EPS) for the trailing 12 months, indicating the portion of profit allocated to each outstanding share.
• The dividend yield of 3.36% represents the annual dividend payment as a percentage of the current share price, a common measure of income return for shareholders.
• PM pays out 81% of its earnings as dividends, meaning the company returns a large share of its profit to shareholders rather than retaining it all for reinvestment.
• The beta of 0.4 suggests PM's share price tends to be less volatile than the overall market, a trait often associated with defensive stocks.
• 297.45B USD is the market capitalisation, the total market value of all outstanding shares, placing PM among the largest companies by this measure.
• 42.55B USD in trailing 12-month revenue shows the total value of goods and services sold over the past year.
• 10.4% year-over-year revenue growth indicates the rate at which the company's top line has expanded recently.
• 25.6% profit margin means PM retains about 26 cents of profit for every dollar of revenue after all expenses.
• 40% operating margin reflects the percentage of revenue left after covering operating costs, before interest and taxes.
• The 142.11 – 207.76 range shows the lowest and highest prices PM traded at over the past 52 weeks, providing a sense of recent price volatility.
• 16.7% is the price change over the last 52 weeks, indicating the total return from one year ago to the current price.

Recent news

Recent headlines include reports that the Trump administration plans to speed approvals of vapes and nicotine pouches, and a piece on sin stock investing that highlights opportunities in controversial industries. UBS adjusted its price target on PM to 193 from 182, maintaining a Neutral rating, while PM lifted its quarterly dividend by 8.8% to 6.40 annualised.

What to watch

PM is part of the S&P 500 and sits in the Consumer Defensive sector alongside peers such as Colgate-Palmolive (CL), Brown–Forman (BF.B), General Mills (GIS), Clorox (CLX), Archer Daniels Midland (ADM), Tyson Foods (TSN), and PepsiCo (PEP). Investors often watch regulatory developments around tobacco and nicotine products, shifts in consumer habits toward smoke-free alternatives, and currency movements, since PM operates globally. The company's dividend policy, earnings growth, and competitive positioning in the tobacco and wellness spaces are also common areas of focus.

FAQ

Q: Does PM pay a dividend? A: Yes, Philip Morris International pays a dividend. The current dividend yield is 3.36%, and the company recently raised its quarterly dividend by 8.8% to 6.40 annualised.

Q: What is the PM P/E ratio? A: PM's trailing P/E ratio is 26.2, while the forward P/E ratio based on expected earnings is 20.8.

Q: Where can I buy PM? A: PM trades on the US market under the symbol PM. As a stock listed on a US exchange, it can be purchased through any brokerage that offers access to US equities.

Q: What sector and industry is PM in? A: PM is in the Consumer Defensive sector and the Tobacco industry.

Q: How big is Philip Morris International? A: PM has a market capitalisation of 297.45B USD, employs 84,900 people, and reported trailing 12-month revenue of 42.55B USD.

Q: When is PM's next earnings report? A: The next earnings date for Philip Morris International is 21 oct. 2026.