PM - Philip Morris International Inc Stock Price, Fair Value and News

98.26USD+0.73 (+0.75%)Market Closed

Market Summary

USD98.26+0.73

Market Closed

0.75%

PM Alerts

1 major insider sales recently.

PM Stock Price

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PM RSI Chart

PM Valuation

Market Cap

152.8B

Price/Earnings (Trailing)

19.18

Price/Sales (Trailing)

4.25

EV/EBITDA

17.64

Price/Free Cashflow

17.08

PM Price/Sales (Trailing)

PM Profitability

EBT Margin

29.77%

Return on Equity

-93.03%

Return on Assets

12.2%

Free Cashflow Yield

5.85%

PM Fundamentals

PM Revenue

Revenue (TTM)

35.9B

Rev. Growth (Yr)

9.65%

Rev. Growth (Qtr)

-2.81%

PM Earnings

Earnings (TTM)

8.0B

Earnings Growth (Yr)

7.67%

Earnings Growth (Qtr)

-2.19%

Breaking Down PM Revenue

Last 7 days

2.3%

Last 30 days

8.8%

Last 90 days

10.4%

Trailing 12 Months

2.7%

How does PM drawdown profile look like?

PM Financial Health

Current Ratio

0.94

Debt/Equity

-5.22

Debt/Cashflow

0.23

PM Investor Care

Dividend Yield

5.26%

Dividend/Share (TTM)

5.17

Shares Dilution (1Y)

0.15%

Diluted EPS (TTM)

5.12

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	35.9B	0	0	0
2023	32.0B	33.2B	34.3B	35.2B
2022	34.4B	37.4B	40.4B	43.4B
2021	77.1B	79.8B	80.9B	31.4B
2020	78.5B	76.3B	76.4B	76.0B
2019	79.1B	78.0B	77.9B	77.9B
2018	80.0B	81.7B	81.5B	79.8B
2017	74.7B	75.0B	75.7B	78.1B
2016	73.3B	73.6B	74.1B	75.0B
2015	79.7B	77.4B	75.5B	73.9B
2014	79.3B	79.8B	80.6B	80.1B
2013	77.9B	78.3B	79.4B	80.0B
2012	77.8B	77.6B	76.5B	77.4B
2011	68.7B	71.5B	75.3B	76.3B
2010	64.4B	66.6B	66.9B	67.7B
2009	62.6B	61.1B	60.3B	62.1B
2008	0	58.0B	60.8B	63.6B
2007	0	0	0	55.2B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Philip Morris International Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 25, 2024	de wilde frederic	sold	-1,928,400	96.42	-20,000	pr ssea cis & mea region
Mar 15, 2024	andolina massimo	sold	-772,448	93.63	-8,250	president, europe region
Mar 07, 2024	barth werner	sold	-457,300	91.46	-5,000	pr.combusibles&globalcomb.mktg
Mar 05, 2024	dobrowolski reginaldo	sold	-181,380	90.69	-2,000	vice president and controller
Feb 22, 2024	guerin yann	sold	-217,873	90.03	-2,420	svp & general counsel
Feb 22, 2024	olczak jacek	sold	-2,256,750	90.27	-25,000	chief executive officer
Feb 22, 2024	calantzopoulos andre	sold	-8,571,850	90.23	-95,000	exec. chairman of the board
Feb 22, 2024	dobrowolski reginaldo	sold	-360,868	90.33	-3,995	vice president and controller
Feb 22, 2024	babeau emmanuel	sold	-1,395,020	90.38	-15,435	chief financial officer
Feb 21, 2024	babeau emmanuel	sold (taxes)	-1,680,910	89.97	-18,683	chief financial officer

Which funds bought or sold PM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Moss Adams Wealth Advisors LLC	new	-	203,914	203,914	0.03%
May 07, 2024	CLARK ESTATES INC/NY	added	6.37	795,462	22,932,500	3.78%
May 07, 2024	OBERMEYER WOOD INVESTMENT COUNSEL, LLLP	added	8.71	19,309	348,683	0.02%
May 07, 2024	Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	reduced	-58.62	-1,212,400	818,144	0.03%
May 07, 2024	CHILTON CAPITAL MANAGEMENT LLC	unchanged	-	-19,754	735,709	0.04%
May 07, 2024	Swiss National Bank	reduced	-4.23	-30,742,000	425,951,000	0.30%
May 07, 2024	OPPENHEIMER & CO INC	added	6.56	250,283	6,884,050	0.11%
May 07, 2024	Cove Street Capital, LLC	unchanged	-	-2,706	100,782	0.03%
May 07, 2024	Choate Investment Advisors	added	33.1	112,308	491,450	0.01%
May 07, 2024	Empowered Funds, LLC	added	436	11,696,100	14,462,800	0.13%

Are Funds Buying or Selling PM?

Are funds buying PM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PM

No. of Funds

PM Alerts

1 major insider sales recently.

Unveiling Philip Morris International Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.76%	136,061,098	SC 13G/A
Feb 09, 2024	capital international investors	6.8%	104,966,993	SC 13G/A
Feb 09, 2024	capital world investors	7.1%	109,884,696	SC 13G/A
Jan 29, 2024	blackrock inc.	6.4%	98,743,351	SC 13G/A
Feb 13, 2023	capital world investors	6.5%	100,042,888	SC 13G/A
Feb 13, 2023	capital international investors	6.6%	103,019,220	SC 13G
Feb 09, 2023	vanguard group inc	8.65%	134,134,252	SC 13G/A
Feb 07, 2023	blackrock inc.	6.6%	102,158,305	SC 13G/A
Feb 11, 2022	capital world investors	5.2%	80,459,730	SC 13G/A
Feb 03, 2022	blackrock inc.	6.0%	94,109,468	SC 13G/A

Recent SEC filings of Philip Morris International Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	3	Insider Trading
May 08, 2024	8-K	Current Report
May 02, 2024	25-NSE	25-NSE
Apr 26, 2024	10-Q	Quarterly Report
Apr 26, 2024	4	Insider Trading
Apr 25, 2024	144	Notice of Insider Sale Intent
Apr 23, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Philip Morris International Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PM	152.8B	35.9B	8.79%	2.73%	19.18	4.25	12.21%	-8.56%
MO	76.1B	24.3B	5.53%	-4.65%	8.98	3.12	-2.34%	51.50%
MID-CAP
SMALL-CAP
VGR	1.7B	1.4B	2.52%	-5.80%	9.05	1.18	-3.31%	14.10%
UVV	1.3B	2.7B	5.67%	0.07%	9.88	0.49	5.90%	38.36%
XXII	5.7M	32.2M	-22.54%	-99.03%	-0.11	0.18	-20.49%	-49.61%
HPCO	2.8M	2.5M	-22.40%	-84.35%	-0.37	1.15	-22.57%	-225.30%
GNLN	2.2M	77.3M	17.65%	-80.77%	-0.05	0.03	-54.81%	70.62%

Philip Morris International Inc News

Latest updates

Philip Morris International Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.8%	8,793	9,047	9,141	8,967	8,019	8,152	8,032	7,832	19,341	20,479	21,617	20,421	19,355	19,531	20,444	17,819	18,253	19,849	20,380	19,987	17,705
Gross Profit	0.2%	5,598	5,585	5,976	5,739	4,981	4,941	5,097	5,184	5,138	5,297	5,526	5,241	5,311	4,872	5,030	4,472	4,751	4,935	5,037	5,034	4,286
EBITDA Margin	31.5%	0.31*	0.23*	0.23*	0.24*	0.26*	0.28*	0.30*	0.34*	0.36*	0.40*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	-9.5%	-299	-273	-261	-297	-230	-170	-138	-126	-154	-146	-154	-161	-167	-164	-163	-162	-129	-136	-132	-150	-152
Income Taxes	111.3%	676	320	1,031	560	428	409	622	594	619	593	735	646	697	613	640	528	596	623	635	611	424
Earnings Before Taxes	4.8%	2,731	2,607	3,101	2,263	2,479	2,746	2,823	2,925	3,140	2,768	3,274	2,941	3,249	2,712	3,057	2,547	2,637	2,342	2,636	3,017	1,877
EBT Margin	32.4%	0.30*	0.22*	0.23*	0.23*	0.25*	0.27*	0.29*	0.32*	0.35*	0.39*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	-2.2%	2,148	2,196	2,054	1,568	1,995	2,397	2,087	2,233	2,331	2,093	2,426	2,172	2,418	1,976	2,307	1,947	1,826	1,616	1,896	2,319	1,354
Net Income Margin	31.8%	0.22*	0.17*	0.18*	0.18*	0.20*	0.21*	0.22*	0.24*	0.26*	0.29*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-105.9%	-176	2,991	3,044	3,082	-1,234	2,746	2,816	3,275	889	3,743	3,718	3,502	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.0%	65,315	65,304	62,927	61,868	62,060	61,681	40,717	40,960	41,733	41,290	41,589	40,686	39,804	44,815	39,129	39,162	37,494	42,875	41,420	39,923	38,042
Current Assets	5.7%	20,874	19,755	19,193	19,836	19,571	19,619	19,035	18,376	18,724	17,717	17,846	18,743	17,910	21,492	17,453	17,776	16,861	20,514	19,575	17,163	15,741
Cash Equivalents	29.7%	3,968	3,060	3,017	3,492	2,446	3,217	5,374	5,043	4,626	4,500	4,800	4,920	3,906	7,285	4,827	4,207	3,750	6,865	6,511	4,013	3,086
Inventory	-7.5%	9,970	10,774	9,645	9,900	10,712	9,886	7,153	7,551	8,684	8,720	8,173	8,690	9,019	9,591	8,160	8,968	9,045	9,235	8,529	8,255	8,318
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	5,952	6,365	6,134	6,184	6,107	6,631	6,636	6,917	6,894
Goodwill	-1.9%	16,458	16,779	16,509	19,236	19,866	19,655	6,127	6,318	6,632	6,680	6,814	5,842	5,768	5,964	5,647	5,653	5,284	5,858	5,720	5,828	5,775
Liabilities	-1.2%	73,878	74,750	70,633	69,828	69,113	67,992	48,120	48,220	49,936	49,498	50,221	49,886	49,378	55,446	49,374	49,282	48,557	52,474	50,575	49,332	48,227
Current Liabilities	-16.0%	22,168	26,383	21,547	23,245	22,985	27,336	20,772	20,547	20,417	19,255	17,877	15,884	15,215	19,615	15,525	15,792	16,584	18,833	18,045	18,046	18,486
Short Term Borrowings	-85.8%	279	1,968	2,149	4,121	4,803	5,637	2,818	1,558	2,441	225	223	136	192	244	152	281	1,438	338	355	269	1,551
Long Term Debt	8.3%	44,683	41,243	42,914	41,400	40,416	34,875	21,762	22,345	24,019	24,783	25,768	27,414	27,276	28,168	27,346	27,043	24,999	26,656	26,426	24,858	23,131
Shareholder's Equity	9.3%	-8,563	-9,446	-	-	-7,053	-6,311	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	0.3%	34,208	34,090	33,919	33,893	34,303	34,289	33,865	33,755	33,468	33,082	32,935	32,465	32,178	31,638	31,537	31,103	30,984	30,987	31,197	31,128	30,588
Additional Paid-In Capital	-3.5%	2,205	2,285	2,253	2,240	2,188	2,230	2,204	2,165	2,118	2,225	2,181	2,143	2,080	2,105	2,071	2,044	1,992	2,019	1,981	1,948	1,907
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	8,297	8,544	8,159	7,892	7,593	7,815	7,528	7,617	7,405
Minority Interest	-1.9%	1,746	1,779	1,727	1,743	1,871	2,646	1,734	1,784	1,895	1,898	1,919	1,913	1,974	1,936	1,847	1,877	1,881	1,978	1,855	1,790	1,783
Float	-	-	-	-	152,000	-	-	-	153,000	-	-	-	154,000	-	-	-	109,000	-	-	-	122,000	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-92.7%	241	3,302	3,415	3,442	-955	3,093	3,068	3,524	1,118	4,032	3,870	3,630	435	3,162	3,614	1,925	1,111	3,324	2,083	3,442	1,241
Cashflow From Investing	66.0%	-193	-568	-1,956	-483	-591	-15,528	-96.00	141	-196	-340	-1,890	-183	55.00	-586	-434	-648	514	-184	122	-153	-1,596
Cashflow From Financing	139.2%	1,135	-2,897	-1,765	-1,784	864	9,877	-2,271	-3,099	-701	-3,801	-2,053	-2,474	-3,649	-465	-2,528	-954	-4,549	-2,959	453	-2,404	-3,151
Dividend Payments	0.7%	2,037	2,023	1,977	1,977	1,987	1,973	1,942	1,945	1,952	1,952	1,876	1,873	1,879	1,879	1,827	1,830	1,828	1,825	1,779	1,777	1,780
Buy Backs	-	-	-	-	-	-	-	-	-	209	681	94.00	-	-	-	-	-	-	-	-	-	-

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PM Income Statement

2024-03-31

Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Income Statement [Abstract]

Total PMI net revenues

^[1],[2]

$ 8,793

$ 8,019

Cost of sales

3,195

3,038

Gross profit

5,598

4,981

Marketing, administration and research costs (Note 15)

2,553

2,250

Operating income

3,045

2,731

Interest expense, net

299

230

Pension and other employee benefit costs (Note 3)

Earnings before income taxes

2,731

2,479

Provision for income taxes

676

428

Equity investments and securities (income)/loss, net

(191)

(51)

Net earnings

2,246

2,102

Net earnings attributable to noncontrolling interests

107

Net earnings attributable to PMI

$ 2,148

$ 1,995

Per share data (Note 6):

Basic earnings per share (in dollars per share)

$ 1.38

$ 1.28

Diluted earnings per share (in dollars per share)

$ 1.38

$ 1.28

[1]	Includes net revenues from related parties of $860 million and $873 million for the three months ended March 31, 2024 and 2023, respectively
[2]	Net of excise taxes of $11,839 million and $11,299 million for the three months ended March 31, 2024 and 2023, respectively

PM Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

ASSETS

Cash and cash equivalents

$ 3,968

$ 3,060

Trade receivables (less allowances of $72 in 2024 and $79 in 2023) (1)

^[1]

4,188

3,461

Other receivables (less allowances of $32 in 2024 and $35 in 2023)

864

930

Inventories:

Leaf tobacco

1,959

1,942

Other raw materials

2,162

2,293

Finished product

5,849

6,539

Total inventory, net

9,970

10,774

Other current assets

1,884

1,530

Total current assets

20,874

19,755

Property, plant and equipment, at cost

16,545

17,080

Less: accumulated depreciation

9,344

9,564

Total property, plant and equipment, net

7,201

7,516

Goodwill (Note 4)

16,458

16,779

Other intangible assets, net (Note 4)

9,448

9,864

Equity investments (Note 12)

4,918

4,929

Deferred income taxes

950

814

Other assets (less allowances of $24 in 2024 and $25 in 2023) (Note 18)

5,466

5,647

TOTAL ASSETS

65,315

65,304

LIABILITIES

Short-term borrowings (Note 10)

279

1,968

Current portion of long-term debt (Note 10)

5,425

4,698

Accounts payable

3,648

4,143

Accrued liabilities:

Marketing and selling

823

862

Taxes, except income taxes

5,799

7,514

Employment costs

925

1,262

Dividends payable

2,038

2,041

Other

2,409

2,737

Income taxes

822

1,158

Total current liabilities

22,168

26,383

Long-term debt (Note 10)

44,683

41,243

Deferred income taxes

2,664

2,335

Employment costs

2,824

3,046

Income taxes and other liabilities

1,539

1,743

Total liabilities

73,878

74,750

Contingencies (Note 8)

STOCKHOLDERS’ (DEFICIT) EQUITY

Common stock, no par value (2,109,316,331 shares issued in 2024 and 2023)

Additional paid-in capital

2,205

2,285

Earnings reinvested in the business

34,208

34,090

Accumulated other comprehensive losses (Note 11)

(11,065)

(11,815)

Total stockholders' equity before treasury stock

25,348

24,560

Less: cost of repurchased stock (554,763,523 and 556,891,800 shares in 2024 and 2023, respectively)

35,657

35,785

Total PMI stockholders’ deficit

(10,309)

(11,225)

Noncontrolling interests

1,746

1,779

Total stockholders’ deficit

(8,563)

(9,446)

TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY

$ 65,315

$ 65,304

[1]	Includes trade receivables from related parties of $702 million and $710 million as of March 31, 2024, and December 31, 2023, respectively. For further details, see Note 12. Related Parties - Equity Investments and Other.

About Philip Morris International Inc

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

CEO	Mr. Jacek Olczak
WEBSITE	pmi.com
INDUSTRY	Tobacco
EMPLOYEES	65535

Philip Morris International Inc Frequently Asked Questions

What is the ticker symbol for Philip Morris International Inc? What does PM stand for in stocks?

PM is the stock ticker symbol of Philip Morris International Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Philip Morris International Inc (PM)?

As of Wed May 08 2024, market cap of Philip Morris International Inc is 152.75 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PM stock?

You can check PM's fair value in chart for subscribers.

What is the fair value of PM stock?

You can check PM's fair value in chart for subscribers. The fair value of Philip Morris International Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Philip Morris International Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Philip Morris International Inc a good stock to buy?

The fair value guage provides a quick view whether PM is over valued or under valued. Whether Philip Morris International Inc is cheap or expensive depends on the assumptions which impact Philip Morris International Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PM.

What is Philip Morris International Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, PM's PE ratio (Price to Earnings) is 19.18 and Price to Sales (PS) ratio is 4.25. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Philip Morris International Inc's stock?

In the past 10 years, Philip Morris International Inc has provided 0.057 (multiply by 100 for percentage) rate of return.