Philip Morris International Inc.

PM Consumer Defensive Tobacco

Philip Morris International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $40.6 billion, up 7.31% from fiscal 2024. In the quarter to June 2026, revenue grew 10.4%, EPS fell 7.69%, free cash flow grew 67.3% and total debt fell 4.56%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five.

205.20 5.30 +2.65%
Market cap
$311.6B
P/E
29.5×
Fwd P/E
22.6×
Dividend yield
2.93%
F-score
7/9
Altman Z
3.94
Beneish M
−2.33
Dividend safety
47/100

A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.

Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Cash and Short Term Investments
4,239.00 8,447.00 6,593.00 6,861.00 7,280.00 4,496.00 3,207.00 3,060.00 4,216.00 4,872.00
Receivables
3,499.00 3,738.00 3,564.00 3,717.00 3,761.00 3,940.00 4,756.00 4,391.00 4,675.00 5,810.00
Inventory
9,017.00 8,806.00 8,804.00 9,235.00 9,591.00 8,720.00 9,886.00 10,774.00 9,453.00 11,478.00
Other current assets
853.00 603.00 481.00 701.00 860.00 561.00 1,770.00 1,530.00 1,826.00 2,203.00
Total current assets
17,608.00 21,594.00 19,442.00 20,514.00 21,492.00 17,717.00 19,619.00 19,755.00 20,170.00 24,363.00
Property, Plant, Equpment (Net)
6,064.00 7,271.00 7,201.00 6,631.00 6,365.00 6,168.00 6,710.00 7,516.00 7,310.00 8,397.00
Long-Term Investments
1,011.00 1,074.00 1,269.00 4,635.00 4,798.00 4,463.00 4,431.00 4,929.00 2,654.00 2,891.00
Goodwill and Intangible Assets (Total)
9,794.00 10,098.00 9,467.00 7,971.00 7,983.00 9,498.00 26,387.00 26,643.00 27,927.00 28,148.00
Long Term Assets (Tax, Deferred)
859.00 1,007.00 977.00 1,153.00 1,410.00 895.00 603.00 814.00 940.00 1,247.00
Long-term assets (Other)
1,515.00 1,924.00 1,445.00 1,971.00 2,767.00 2,549.00 3,931.00 5,647.00 2,783.00 4,139.00
Total non-current assets
19,243.00 21,374.00 20,359.00 22,361.00 23,323.00 23,573.00 42,062.00 45,549.00 41,614.00 44,822.00
Total Assets
36,851.00 42,968.00 39,801.00 42,875.00 44,815.00 41,290.00 61,681.00 65,304.00 61,784.00 69,185.00
Accounts Payable
1,666.00 2,242.00 2,068.00 2,299.00 2,780.00 3,331.00 4,076.00 4,143.00 3,952.00 4,407.00
Accrued Expenses
10,753.00 9,903.00 9,763.00 11,349.00 12,376.00 11,876.00 13,972.00 14,416.00 14,176.00 16,064.00
Current Part of Debt
3,216.00 3,005.00 4,784.00 4,389.00 3,368.00 3,023.00 8,248.00 6,666.00 3,529.00 3,701.00
Current Part of Taxes to Pay
832.00 812.00 576.00 796.00 1,091.00 1,025.00 1,040.00 1,158.00 1,258.00 1,255.00
Total current liabilities
16,467.00 15,962.00 17,191.00 18,833.00 19,615.00 19,255.00 27,336.00 26,383.00 22,915.00 25,427.00
Long Term Debt (Total)
25,851.00 31,334.00 26,975.00 26,656.00 28,168.00 24,783.00 34,875.00 41,243.00 42,166.00 45,134.00
Long Term Tax Liability (Deferred)
1,897.00 799.00 898.00 908.00 684.00 726.00 1,956.00 2,335.00 2,517.00 2,065.00
Non-current Liabilities (Other)
3,536.00 5,103.00 5,476.00 6,077.00 6,979.00 4,734.00 3,825.00 4,789.00 4,056.00 4,587.00
Total non-current liabilities
31,284.00 37,236.00 33,349.00 33,641.00 35,831.00 30,243.00 40,656.00 48,367.00 48,739.00 51,786.00
Total liabilities
47,751.00 53,198.00 50,540.00 52,474.00 55,446.00 49,498.00 67,992.00 74,750.00 71,654.00 77,213.00
Additional Paid In Capital
1,964.00 1,972.00 1,939.00 2,019.00 2,105.00 2,225.00 2,230.00 2,285.00 2,335.00 2,453.00
Retained Earnings
30,397.00 29,859.00 31,014.00 30,987.00 31,638.00 33,082.00 34,289.00 34,090.00 32,869.00 35,400.00
Treasury Stock
35,490.00 35,382.00 35,301.00 35,220.00 35,129.00 35,836.00 35,917.00 35,785.00 35,640.00 35,551.00
Common Equity (Total)
(10,900.00) (10,230.00) (10,739.00) (9,599.00) (10,631.00) (8,208.00) (6,311.00) (9,446.00) (9,870.00) (8,028.00)
Shareholders Equity (Total)
(10,900.00) (10,230.00) (10,739.00) (9,599.00) (10,631.00) (8,208.00) (6,311.00) (9,446.00) (9,870.00) (8,028.00)
Shareholders Equity and Liabilities (Total)
36,851.00 42,968.00 39,801.00 42,875.00 44,815.00 41,290.00 61,681.00 65,304.00 61,784.00 69,185.00
Shares (Common)
1,551.39 1,553.22 1,554.58 1,555.90 1,557.37 1,550.17 1,550.22 1,552.43 1,554.85 1,556.66
Shareholders Equity (Tangible)
(20,694.00) (20,328.00) (20,206.00) (17,570.00) (18,614.00) (17,706.00) (32,698.00) (36,089.00) (37,797.00) (36,176.00)
Net Debt
24,828.00 25,892.00 25,166.00 24,184.00 24,256.00 23,310.00 39,916.00 44,849.00 41,479.00 43,963.00
Total Debt
29,067.00 34,339.00 31,759.00 31,045.00 31,536.00 27,806.00 43,123.00 47,909.00 45,695.00 48,835.00

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In millions of $ except per-share values · columns are period end dates