Philip Morris International Inc.

$184.15

-1.09%

2026-09-04 11:50:18 EDT-$2.02

Consumer Defensive

Tobacco

NYSE

Active Trading

Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its ...

Financial Highlights of PM

Profitability trend

Latest / TTM · 6 periods

Gross Margin

67.5%

Net Margin

25.6%

P/E Ratio

26.75x

n/a

Debt / Equity

-5.72

n/a

Current Ratio

0.98

Dividend Yield

3.2%

Understanding

TTM —

Current ratio below 1.0

Financial highlights

Latest / TTM · 6 periods

Snapshot

Latest / TTM: 2026-09-04

Gross Margin

67.5%

Net Margin

25.6%

P/E Ratio

26.75x

Debt / Equity

-5.72

Profitability

Profitability table

Metric	2021	2022	2023	2024	2025	2026
Gross MarginGross profit as a percentage of revenue.	68.1%	64.1%	63.3%	64.8%	67.1%	—
Operating MarginOperating income as a percentage of revenue.	41.3%	38.6%	32.9%	35.4%	36.7%	—
Net MarginNet income as a percentage of revenue.	29.0%	28.5%	22.1%	18.6%	27.9%	—
EBITDA MarginEBITDA divided by revenue.	44.5%	42.4%	38.0%	41.6%	43.0%	—
Pre-tax MarginPre-tax profit as a percentage of revenue.	39.4%	37.1%	30.2%	32.2%	35.9%	—

Liquidity & leverage

Liquidity & leverage table

Metric	2021	2022	2023	2024	2025	2026
Current RatioCurrent assets divided by current liabilities.	0.92	0.72	0.75	0.88	0.96	—
Quick RatioLiquid assets divided by current liabilities.	0.47	0.36	0.34	0.47	0.51	—
Cash RatioCash and equivalents divided by current liabilities.	0.23	0.12	0.12	0.18	0.19	—
Debt / AssetsDebt as a share of total assets.	67.3%	69.9%	73.4%	74.0%	70.6%	—
Debt / EquityDebt compared with shareholder equity.	-2.75	-4.81	-4.27	-3.89	-4.89	—

Operating efficiency

Operating efficiency table

Metric	2021	2022	2023	2024	2025	2026
Receivables TurnoverHow often receivables are collected in a year.	7.97x	6.68x	8.01x	8.10x	7.00x	—
Inventory TurnoverHow often inventory is sold in a year.	1.15x	1.15x	1.20x	1.41x	1.16x	—
Payables TurnoverHow often payables are paid in a year.	3.01x	2.80x	3.11x	3.37x	3.03x	—
Asset TurnoverRevenue generated per dollar of assets.	0.76x	0.51x	0.54x	0.61x	0.59x	—
Working Capital TurnoverRevenue generated per dollar of working capital.	185.28x	-6.86x	-4.90x	-8.08x	-21.34x	—

Valuation ratios

Valuation ratios table

Metric	2021	2022	2023	2024	2025	2026
P/E RatioPrice paid for each dollar of earnings.	16.30x	17.39x	18.74x	26.57x	22.06x	—
P/B RatioPrice paid for each dollar of book value.	-14.65x	-17.51x	-13.01x	-15.92x	-24.97x	—
P/S RatioPrice paid for each dollar of sales.	4.71x	4.94x	4.15x	4.94x	6.14x	—
P/FCF RatioPrice paid for each dollar of free cash flow.	13.19x	16.13x	18.52x	17.36x	23.40x	—
Dividend YieldAnnual dividend divided by current share price.	5.1%	5.0%	5.5%	4.4%	3.5%	—

Supply Chain of PM

RELATIONS

Upstream

Universal CorporationNYSE:UVV Pyxus International Inc. (f.k.a. Alliance One International)OTC:PYYX Flex Ltd.NASDAQ:FLEXVenture Corporation LimitedSGX:V03Wipro LimitedNYSE:WITEviden (Atos SE)EURONEXT:ATOEastman Chemical CompanyNYSE:EMN Celanese CorporationNYSE:CE

Downstream

KT&G CorporationKRX:033780 Altria Group Inc.NYSE:MOEuropean Region Key DistributorEast Asia & Australia Region Key Distributor

Proxies

Altria Group Inc.NYSE:MO British American Tobacco p.l.c.NYSE:BTIJapan Tobacco Inc.TSE:2914

About UsPrivacy PolicyTerms of ServiceDisclaimerStock DirectoryETFsIndices13F HoldingsAnalyst TargetsFree ToolsTechnology MapJoin our Slack

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer