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

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

Alert me on P/E ratio

As of 5 November 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 94% of that period. That is above the Tobacco industry median of 16.1× and above the Consumer Defensive sector median of 17.2×.

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
Sep 2026 27.9× 7.17%
Jun 2026 26.0× 11.77%
Mar 2026 23.3× 5.40%
Dec 2025 22.1× (24.91%)
43 more quarters

Against its own ten years

Low 13.0× High 38.1×
Ten-year median 18.7×
Current reading's percentile 94

P/E ratio against peers

Company P/E ratio
ISPR Ispire Technology Inc. compare n/m
UVV Universal Corporation compare n/m
RYM RYTHM, Inc. compare 5.1×
BTI British American Tobacco p.l.c. compare 8.0×
RLX RLX Technology Inc. Sponsored ADR compare 15.3×
MO Altria Group, Inc. compare 16.1×
TPB Turning Point Brands, Inc. compare 28.4×
PM Philip Morris International Inc. 29.5×
AIIR Air Global PLC compare 285×
Tobacco industry median 16.1×
Consumer Defensive sector median 17.2×
Market median 17.9×

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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