Philip Morris International Inc. PM

190.48 (1.02) (0.53%) as of 25 Sep
Market cap
$296.3B
P/E
27.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Philip Morris International Inc. (PM) Current ratio

Philip Morris International Inc.'s current ratio at the end of the quarter to 30 June 2026 was 1.0×, up 0.0× 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 1.4×.

Current ratio, annual

Annual

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

Period Current ratio Change
Jun 2026 1.0× 0.35%
Mar 2026 1.0× 1.90%
Dec 2025 1.0× 12.96%
Sep 2025 0.8× 2.20%
42 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 2.6×
AIIR Air Global PLC compare 1.4×
ISPR Ispire Technology Inc. compare 1.0×
PM Philip Morris International Inc. 1.0×
BTI British American Tobacco p.l.c. compare 0.8×
RYM RYTHM, Inc. compare 0.6×
MO Altria Group, Inc. compare 0.5×
Tobacco industry median 1.4×
Consumer Defensive sector median 1.4×
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 →

More on PM