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) Return on invested capital

Philip Morris International Inc.'s return on invested capital over the twelve months to 30 June 2026 was 27.5%, up 1.6 percentage points from fiscal 2025 (25.9%). Over the past ten years it has ranged from 20.4% (fiscal 2023) to 53.7% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Tobacco industry median of 1.93% and above the Consumer Defensive sector median of 0.20%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 25.9% (0.60)
FY2024 26.5% 6.10
FY2023 20.4% (2.38)
FY2022 22.8% (30.92)
FY2021 53.7% 0.18
FY2020 53.5% 8.39
FY2019 45.1% (4.16)
FY2018 49.3% 3.08
FY2017 46.2% (2.72)
FY2016 48.9% 0.06

Against its own ten years

Low 20.4% High 53.7%
Ten-year median 46.2%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
MO Altria Group, Inc. compare 35.0%
PM Philip Morris International Inc. 27.5%
TPB Turning Point Brands, Inc. compare 9.77%
RLX RLX Technology Inc. Sponsored ADR compare 5.28%
UVV Universal Corporation compare 4.59%
AIIR Air Global PLC compare 1.93%
BTI British American Tobacco p.l.c. compare 0.00%
ISPR Ispire Technology Inc. compare 0.00%
RYM RYTHM, Inc. compare −19.2%
Tobacco industry median 1.93%
Consumer Defensive sector median 0.20%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on PM