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) EV/EBITDA

As of 25 September 2026, Philip Morris International Inc. (PM) trades at a EV/EBITDA of 18.8×. Over the past ten years it has ranged from 9.9× (December 2018) to 21.1× (June 2025); the current reading is higher than 95% of that period. That is above the Tobacco industry median of 10.5× and above the Consumer Defensive sector median of 9.4×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 17.3× 15.47%
FY2024 15.0× 6.00%
FY2023 14.2× (3.35%)
FY2022 14.7× 19.55%
FY2021 12.3× 1.26%
FY2020 12.1× (11.06%)
FY2019 13.6× 30.53%
FY2018 10.4× (30.86%)
FY2017 15.1× 5.63%
FY2016 14.3× 0.77%

Quarterly

Period EV/EBITDA Change
Jun 2026 18.0× 2.20%
Mar 2026 17.6× 1.33%
Dec 2025 17.3× (2.61%)
Sep 2025 17.8× (13.08%)
42 more quarters

Against its own ten years

Low 9.9× High 21.1×
Ten-year median 13.8×
Current reading's percentile 95

EV/EBITDA against peers

Company EV/EBITDA
ISPR Ispire Technology Inc. compare n/m
RYM RYTHM, Inc. compare n/m
BTI British American Tobacco p.l.c. compare 1.3×
UVV Universal Corporation compare 7.1×
RLX RLX Technology Inc. Sponsored ADR compare 9.0×
MO Altria Group, Inc. compare 11.9×
TPB Turning Point Brands, Inc. compare 16.2×
PM Philip Morris International Inc. 18.8×
AIIR Air Global PLC compare 92.8×
Tobacco industry median 10.5×
Consumer Defensive sector median 9.4×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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