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Friday 6 November 2026 Export PM’s income statement to Excel — free account

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.

Revenue
+5.47%
EPS
−4.93%
Free cash flow
+21.3%
Total debt
−5.03%

Quarter to September 2026, against a year earlier

201.98 9.30 −4.40%
Market cap
$314.1B
P/E
29.5×
Fwd P/E
28.3×
Dividend yield
2.98%
F-score
7/9
Altman Z
3.94
Beneish M
−2.33
Dividend safety
47/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Philip Morris International Inc. (PM) Current ratio

Alert me on Current ratio

Philip Morris International Inc.'s current ratio at the end of the quarter to 30 September 2026 was 1.0×, up 0.1× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.7× (fiscal 2022) to 1.4× (fiscal 2017); the current reading is higher than 45% of that period. That is below the Tobacco industry median of 1.4× and below the Consumer Defensive sector median of 1.5×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.0× 8.86%
FY2024 0.9× 17.55%
FY2023 0.7× 4.33%
FY2022 0.7× (22.00%)
FY2021 0.9× (16.03%)
FY2020 1.1× 0.59%
FY2019 1.1× (3.68%)
FY2018 1.1× (16.40%)
FY2017 1.4× 26.51%
FY2016 1.1× 4.10%

Quarterly newest first

Period Current ratio Change
Sep 2026 1.0× 4.46%
Jun 2026 1.0× 0.35%
Mar 2026 1.0× 1.90%
Dec 2025 1.0× 12.96%
43 more quarters

Against its own ten years

Low 0.7× High 1.4×
Ten-year median 1.0×
Current reading's percentile 45

Current ratio against peers

Company Current ratio
RLX RLX Technology Inc. Sponsored ADR compare 10.6×
TPB Turning Point Brands, Inc. compare 5.7×
UVV Universal Corporation compare 2.5×
AIIR Air Global PLC compare 1.4×
PM Philip Morris International Inc. 1.0×
ISPR Ispire Technology Inc. compare 1.0×
BTI British American Tobacco p.l.c. compare 0.8×
RYM RYTHM, Inc. compare 0.6×
MO Altria Group, Inc. compare 0.6×
Tobacco industry median 1.4×
Consumer Defensive sector median 1.5×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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