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Philip Morris International PM

US equityMarket cap rank #45Tobacco
$191.75
+$0.91 (+0.48%)
Market open · Sep 24, 1:10 pm ET
After hours $191.00 +0.08%
Open$192.04
Prev close$190.84
Day range$191.48 – $194.65
Volume1.22M
Market cap$298.86B
P/E (TTM)27.6
Dividend yield3.07%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

PM at a glance

Shares of Philip Morris International are up 0.48% at $191.75. The company is worth $298.86B, number 45 out of 300 on our list.

Over the past 52 weeks it has traded between $138.43 and $207.76, so it sits 7.7% below the top of that range. Holders are ahead 21.9% over twelve months, and up 8.1% across the last three months.

On the chart it holds above both the 50-day ($189.89) and 200-day ($174.94) moving averages; RSI is 55, and the last 30 sessions moved at roughly 22% annualized volatility.

For the quarter ended Jun 2026 it reported $11.19B in revenue, up 10.4% from a year earlier, with $2.99B of net profit (a 25.5% margin).

Valuation works out to 27.6 times trailing earnings, 27% above its five-year average of 21.7.

9 analysts follow the stock and the average call is "buy". The mean target, $212.67, sits 10.9% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Philip Morris International: the business

Philip Morris International sells Marlboro outside the U.S. and Zyn nicotine pouches and IQOS heated tobacco.

What tends to move it. Growth of smoke-free products, currency effects and cigarette pricing drive results.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+0.5%
1 week
+0.0%
1 month
+0.2%
3 months
+8.1%
6 months
+18.0%
Year to date
+21.6%
1 year
+21.9%
Day range
$191.48$194.65
52-week range
$138.43$207.76

Technical signals

Full technicals →
Trend readStrong uptrend

7 bullish · 0 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+1.2%Bullish
Price vs 50-day average+1.0%Bullish
Price vs 200-day average+9.6%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)54.9Bullish
MACD (12,26,9)0.55Bullish
Bollinger band position67%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$191.59 / $191.75
Average price today$192.97
Volume1.22MAvg (90d) 4.78M
Turnover$235.55M
Turnover rate0.08%of shares outstanding
Volume ratio0.34vs. recent average pace
Day amplitude1.66%
Market cap$298.86B
Float market cap$298.12B
Shares outstanding1.55B
EPS (TTM)$7.26
P/E (TTM)27.59
P/B-34.82
Book value / share-$5.51
Earnings yield-1.26%
Dividend (TTM)$5.88 / shareYield 3.07%
Net profit (TTM)$11.32B
Net assets-$8.58B
30-day volatility22.3%annualized
Avg daily range (ATR)2.35%of price, 14 days
Max drawdown (1y)-18.5%-4.2% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How PM ranks on BeStock

Market value#45 of 300
P/E (cheapest = 1)#144 of 283
Dividend yield#61 of 244
Closeness to 52-week high#68 of 300
Dollar volume today#146 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$11.19B+10.4% YoY
Operating profit$4.53B+20.7% YoY
Net profit$2.99B-5.2% YoY
Diluted EPS$1.80-7.7% YoY
Free cash flow$5.11B+67.3% YoY
Operating cash flow$5.49B

Revenue, last 8 quarters

$9.9BSep '24$9.7BDec '24$9.3BMar '25$10.1BJun '25$10.8BSep '25$10.4BDec '25$10.1BMar '26$11.2BJun '26

Net profit, last 8 quarters

$3.2BSep '24$-486.0MDec '24$2.8BMar '25$3.1BJun '25$3.6BSep '25$2.3BDec '25$2.6BMar '26$3.0BJun '26

Profitability & balance sheet

Gross margin67.5%
Operating margin37.7%
Net margin25.5%
Return on assets15.9%
Current ratio0.98
Liabilities / assets109.8%
Cash & investments$6.00B
Total debt$49.11B
Net cash (debt)-$43.11B
Free cash flow / sales29.9%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Combustible tobacco$6.55B 58.5%
  • Smoke-free$4.65B 41.5%
Average move on report day±4.1%last 15 reports
Closed higher8 of 1553% of the time
Best reaction+10.9%
Worst reaction-8.4%

Stock move on the day after each report

+10.5%2024/Q3+10.9%2024/Q4+2.4%2025/Q1-8.4%2025/Q2-3.8%2025/Q3+0.4%2025/Q4+7.0%2026/Q1+3.3%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings28.0x
CheapRich

Near the top of its 5-year range · 81st percentile, 5-year average 21.7x

#1994 of 2977 stocks by PE (1 = cheapest)

Price / book-35.4x
CheapRich

Near the bottom of its 5-year range · 0th percentile, 5-year average -19.0x

Price / sales7.1x
CheapRich

Near the top of its 5-year range · 96th percentile, 5-year average 5.3x

#4186 of 5143 stocks by PS (1 = cheapest)

P/E over five years

13x22x31x39xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$185.00
Price vs. fair value+3.6%Close to the estimate
Star rating★★★☆☆
Economic moatWide
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts9
Average target$212.67+10.9% vs. price
  • Buy 89%
  • Hold 11%
Low $182.00Now $191.75Avg $212.67High $225.00

Latest rating actions

  • 9 Sep 2026BarclaysBUY · PT $225.00
  • 8 Sep 2026BofA SecuritiesBUY · PT $211.00
  • 25 Aug 2026Goldman SachsBUY · PT $220.00
  • 25 Aug 2026BarclaysBUY · PT $225.00
  • 24 Aug 2026BofA SecuritiesBUY · PT $209.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership84.5%-0.26 pts vs. prior quarter
Institutions holding3,214-15 vs. prior quarter
Insider trades (recent)9 buys / 0 sellsNet buying
Short interest1.06% of floatDays to cover 3.6 · as of 31 Aug 2026
Short-sale volume share18.5%5-day average of daily volume

Short-sale volume as % of daily volume

10%20%31%41%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: +$50.61M (7 inflow days, 13 outflow days).

Dividends

Dividend yield (TTM)3.07%
Last dividend$1.47Ex-date 25 Jun 2026
Next-to-last$1.47
Payments on file40

Dividends paid per share, by year

4.4920184.6220194.7420204.9020215.0420225.1420235.3020245.642025

Across the full calendar years shown, the annual payout grew by roughly 3.3% a year.

PM stock: common questions

Where is PM trading right now?

$191.75 is the latest print for PM, a move of +0.48% against yesterday's close of $190.84. Today's low and high so far: $191.48 and $194.65.

How big is Philip Morris International?

Equity value comes to $298.86B at the current price. By that measure it is number 45 of the 300 names in our coverage.

How is Philip Morris International valued against its profits?

Buyers pay 27.6 times the last twelve months of profit (EPS $7.26). Averaged over five years the multiple has been 21.7, and today's level ranks in the 81st percentile of its own history.

Where does PM sit in its 52-week range?

The year's floor is $138.43 and the ceiling $207.76. Shares are 7.7% away from that ceiling.

Does PM send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 3.07% yield; the latest ex-dividend date was June 25, 2026.

What is the analyst view on Philip Morris International?

Of 9 analysts, 89% say buy, 11% hold and 0% sell. Price targets average $212.67, with the most cautious at $182.00 and the most optimistic at $225.00.

What does Philip Morris International do?

Philip Morris International sells Marlboro outside the U.S. and Zyn nicotine pouches and IQOS heated tobacco.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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