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Saturday 17 October 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. 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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Philip Morris International Inc. (PM) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Philip Morris International Inc. (PM) trades at a P/E ratio of 29.5×. Over the past ten years it has ranged from 13.0× (March 2020) to 38.1× (June 2025); the current reading is higher than 95% of that period. That is above the Tobacco industry median of 21.2× and above the Consumer Defensive sector median of 18.1×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 22.1× (17.14%)
FY2024 26.6× 39.87%
FY2023 19.0× 9.37%
FY2022 17.4× 6.81%
FY2021 16.3× 1.76%
FY2020 16.0× (13.05%)
FY2019 18.4× 40.15%
FY2018 13.1× (51.28%)
FY2017 27.0× 32.46%
FY2016 20.4× 2.39%

Quarterly newest first

Period P/E ratio Change
Jun 2026 26.0× 11.77%
Mar 2026 23.3× 5.40%
Dec 2025 22.1× (24.91%)
Sep 2025 29.4× (14.98%)
42 more quarters

Against its own ten years

Low 13.0× High 38.1×
Ten-year median 18.6×
Current reading's percentile 94

P/E ratio against peers

Company P/E ratio
ISPR Ispire Technology Inc. compare n/m
AIIR Air Global PLC compare n/m
RYM RYTHM, Inc. compare n/m
BTI British American Tobacco p.l.c. compare 7.6×
MO Altria Group, Inc. compare 15.8×
RLX RLX Technology Inc. Sponsored ADR compare 16.0×
TPB Turning Point Brands, Inc. compare 26.3×
PM Philip Morris International Inc. 29.5×
UVV Universal Corporation compare 53.4×
Tobacco industry median 21.2×
Consumer Defensive sector median 18.1×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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