Philip Morris International (PM)
NYSE:PM
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PM Stock Chart & Stats
$157.79
-$0.43(-0.35%)
At close: 4:00 PM EST
$157.79
-$0.43(-0.35%)
Day’s Range― - ―
52-Week Range$142.11 - $193.05
Previous CloseN/A
Volume1.01M
Average Volume (3M)4.61M
Market Cap
$287.24B
Enterprise Value$322.96B
Total Cash (Recent Filing)$5.45B
Total Debt (Recent Filing)$51.95B
Price to Earnings (P/E)25.6
Beta-0.06
Next Earnings
Jul 22, 2026EPS Estimate
2.03Next Dividend Ex-DateN/A
Dividend Yield3.59%
Share Statistics
EPS (TTM)7.11
Shares Outstanding1,558,558,800
10 Day Avg. Volume4,017,085
30 Day Avg. Volume4,614,550
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)-24.97
Price to Sales (P/S)6.14
P/FCF Ratio23.40
Enterprise Value/Market Cap1.12
Enterprise Value/Revenue7.78
Enterprise Value/Gross Profit11.56
Enterprise Value/Ebitda18.08
Forecast
1Y Price Target
$197.43Price Target Upside25.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)8.39
Revenue Forecast (FY)$43.58B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationConsistently high operating cash flow and free cash flow provide durable capacity to fund smoke-free R&D and commercial rollout, sustain the dividend, and service debt. Robust FCF underpins strategic optionality even with cyclical revenue swings, supporting long-term transition execution.
Scale In Smoke-free ProductsStrong, broad-based smoke-free growth (IQOS, HTUs, e-vapor) is structurally shifting revenue mix toward higher-margin, recurring consumables and device installed-base economics. Scale in these categories improves unit economics and long-term revenue resiliency as combustible volumes decline.
Pricing Power And Margin ExpansionDemonstrated ability to extract pricing and realize productivity gains supports sustainable margin expansion. Combined pricing power, mix uplift from smoke-free products, and recurring cost efficiencies enhance operating leverage and protect cash generation through multi-year industry headwinds.
Bears Say
Weak Balance Sheet / High LeverageStructural negative shareholders' equity and materially higher debt elevate financing and refinancing risk, limit strategic flexibility (M&A, buybacks), and can increase cost of capital. High leverage constrains the company's ability to absorb shocks and may pressure credit ratings over time.
Regulatory And Excise HeadwindsPersistent regulatory reviews, varying excise policies and timing effects materially slow U.S. product rollouts and international launches. These structural constraints can delay scale-up of smoke-free offerings, reduce predictability of revenue streams and extend the timeline to offset combustible declines.
Ongoing Combustible Volume DeclineDeclining cigarette volumes are a durable secular trend that pressures legacy cash engines. While pricing partially offsets volume losses, sustained declines require faster smoke-free monetization; any lag in conversion or regulatory setbacks could depress long-term revenue and margin sustainability.
Philip Morris News
PM FAQ
What was Philip Morris International’s price range in the past 12 months?
Philip Morris International lowest stock price was $142.11 and its highest was $193.05 in the past 12 months.
What is Philip Morris International’s market cap?
Philip Morris International’s market cap is $287.24B.
When is Philip Morris International’s upcoming earnings report date?
Philip Morris International’s upcoming earnings report date is Jul 22, 2026 which is in 35 days.
How were Philip Morris International’s earnings last quarter?
Philip Morris International released its earnings results on Apr 22, 2026. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.857 by $0.103.
Is Philip Morris International overvalued?
According to Wall Street analysts Philip Morris International’s price is currently Undervalued.
Does Philip Morris International pay dividends?
Philip Morris International pays a Quarterly dividend of $1.47 which represents an annual dividend yield of 3.59%. See more information on Philip Morris International dividends here
What is Philip Morris International’s EPS estimate?
Philip Morris International’s EPS estimate is 2.03.
How many shares outstanding does Philip Morris International have?
Philip Morris International has 1,558,558,800 shares outstanding.
What happened to Philip Morris International’s price movement after its last earnings report?
Philip Morris International reported an EPS of $1.96 in its last earnings report, beating expectations of $1.857. Following the earnings report the stock price went up 6.982%.
Which hedge fund is a major shareholder of Philip Morris International?
Currently, no hedge funds are holding shares in PM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Philip Morris Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$197.43 (25.12% Upside)
$197.43 (25.12% Upside)
Blogger Sentiment
Bullish
PM Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 5.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.12%
12-Months-Change
Fundamentals
Return on Equity
-105.29%
Trailing 12-Months
Asset Growth
5.89%
Trailing 12-Months
Company Description
Philip Morris International
Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.
PM Company Deck
PM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated a predominantly positive operational and financial performance driven by strong pricing power, significant international smoke-free momentum (IQOS, ZYN, VEEV), margin expansion and robust EPS growth. Notable challenges were concentrated in the U.S. (ZYN shipment normalization and promotional/comparative dynamics), temporary timing effects (Japan pantry loading, Nordic timing), regional regulatory and excise headwinds, and a near-term slowdown in total shipments. Overall the positives — clear smoke-free growth, pricing, margin gains, strong cash generation and reconfirmed guidance with an upgraded reported EPS outlook — materially outweigh the near-term and localized headwinds.View all PM earnings summariesPM Revenue Breakdown
58.54% Combustible tobacco products
41.46% Smoke-free products
PM Stock 12 Month Forecast
Average Price Target
$197.43
▲(25.12% Upside)
Technical Analysis
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Ownership Overview
0.14% Insiders
38.90% Mutual Funds
31.14% Other Institutional Investors
10.06% Public Companies and Individual Investors