Overview Dividends

(PM) Philip Morris International - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7181721090

Cigarettes, Heat-Not-Burn, Vapor, Oral Nicotine, Accessories

EPS (Earnings per Share)

EPS (Earnings per Share) of PM over the last years for every Quarter: "2020-09": 1.42, "2020-12": 1.26, "2021-03": 1.57, "2021-06": 1.57, "2021-09": 1.58, "2021-12": 1.35, "2022-03": 1.56, "2022-06": 1.48, "2022-09": 1.53, "2022-12": 1.39, "2023-03": 1.38, "2023-06": 1.6, "2023-09": 1.67, "2023-12": 1.36, "2024-03": 1.5, "2024-06": 1.59, "2024-09": 1.91, "2024-12": 1.55, "2025-03": 1.69, "2025-06": 1.91, "2025-09": 2.24,
EPS Growth (3y CAGR): 18.95%
EPS Trend (3y Corr): 77.5%
Last SUE: 2.38σ
Qual. Beats: 1

Revenue

Revenue of PM over the last years for every Quarter: 2020-09: 7446, 2020-12: 7444, 2021-03: 7585, 2021-06: 7594, 2021-09: 8122, 2021-12: 8104, 2022-03: 7746, 2022-06: 7832, 2022-09: 8032, 2022-12: 8152, 2023-03: 8019, 2023-06: 8967, 2023-09: 9141, 2023-12: 9047, 2024-03: 8793, 2024-06: 9468, 2024-09: 9911, 2024-12: 9706, 2025-03: 9249, 2025-06: 10140, 2025-09: 10845,
Revenue Growth (3y CAGR): 10.94%
Revenue Trend (3y Corr): 89.4%
Last SUE: 1.05σ
Qual. Beats: 1
Risk via 10d forecast
Volatility 24.8%
Value at Risk 5%th 39.1%
Relative Tail Risk -4.01%
Reward TTM
Sharpe Ratio 0.79
Alpha 19.13
Character TTM
Hurst Exponent 0.518
Beta 0.112
Beta Downside 0.239
Drawdowns 3y
Max DD 20.64%
Mean DD 5.53%
Median DD 5.14%

Description: PM Philip Morris International September 24, 2025

Philip Morris International Inc. (NYSE: PM) is a U.S.–based tobacco company that manufactures and sells both traditional cigarettes and a portfolio of smoke-free products-including heat-not-burn (IQOS), vapor (IQOS Vapor), and oral nicotine (ZYN) offerings-along with consumer accessories such as lighters and matches. The firm also markets wellness and healthcare items. Incorporated in 1987, its corporate headquarters are in Stamford, Connecticut.

Key recent metrics: FY 2023 net revenue reached approximately $31.4 billion, with smoke-free products accounting for roughly 30 % of total sales and growing at a double-digit annual rate. The IQOS platform now operates in over 70 countries, delivering a compound annual growth rate (CAGR) of about 15 % since launch. A primary sector driver is the global decline in cigarette consumption-down ~2 % YoY-paired with tightening regulatory environments that favor reduced-risk products, which together pressure legacy tobacco margins while creating upside for diversified nicotine portfolios.

For a deeper, data-driven view of PM’s valuation dynamics and scenario analysis, you may find the research tools on ValueRay worth exploring.

PM Stock Overview

Market Cap in USD 237,792m
Sub-Industry Tobacco
IPO / Inception 2008-03-17
Return 12m vs S&P 500 9.23%
Analyst Rating 4.06 of 5

PM Dividends

Metric Value
Dividend Yield 3.56%
Yield on Cost 5y 9.22%
Yield CAGR 5y 2.83%
Payout Consistency 99.1%
Payout Ratio 74.7%

PM Growth Ratios

Metric Value
CAGR 3y 22.59%
CAGR/Max DD Calmar Ratio 1.09
CAGR/Mean DD Pain Ratio 4.09
Current Volume 4892.3k
Average Volume 5293.3k

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (8.61b TTM) > 0 and > 6% of Revenue (6% = 2.40b TTM)
FCFTA 0.15 (>2.0%) and ΔFCFTA 0.09pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 36.17% (prev -6.91%; Δ 43.07pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.17 (>3.0%) and CFO 11.53b > Net Income 8.61b (YES >=105%, WARN >=100%)
Net Debt (46.05b) to EBITDA (17.68b) ratio: 2.60 <= 3.0 (WARN <= 3.5)
Current Ratio 2.76 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (1.56b) change vs 12m ago 0.13% (target <= -2.0% for YES)
Gross Margin 66.27% (prev 64.18%; Δ 2.09pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 59.63% (prev 55.64%; Δ 3.99pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 8.18 (EBITDA TTM 17.68b / Interest Expense TTM 1.92b) >= 6 (WARN >= 3)

Altman Z'' 2.85

(A) 0.22 = (Total Current Assets 22.66b - Total Current Liabilities 8.22b) / Total Assets 67.06b
(B) -0.02 = Retained Earnings (Balance) -1.56b / Total Assets 67.06b
(C) 0.23 = EBIT TTM 15.69b / Avg Total Assets 66.98b
(D) -0.06 = Book Value of Equity -4.68b / Total Liabilities 76.05b
Total Rating: 2.85 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 77.06

1. Piotroski 7.0pt
2. FCF Yield 3.57%
3. FCF Margin 25.35%
4. Debt/Equity -4.59
5. Debt/Ebitda 2.60
6. ROIC - WACC (= 28.97)%
7. RoE -75.66%
8. Rev. Trend 89.36%
9. EPS Trend 77.53%

What is the price of PM shares?

As of November 23, 2025, the stock is trading at USD 155.24 with a total of 4,892,311 shares traded.
Over the past week, the price has changed by -0.12%, over one month by +2.13%, over three months by -10.20% and over the past year by +22.74%.

Is PM a buy, sell or hold?

Philip Morris International has received a consensus analysts rating of 4.06. Therefore, it is recommended to buy PM.
  • Strong Buy: 7
  • Buy: 5
  • Hold: 4
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the PM price?

Issuer Target Up/Down from current
Wallstreet Target Price 183.3 18%
Analysts Target Price 183.3 18%
ValueRay Target Price 179.3 15.5%

PM Fundamental Data Overview November 19, 2025

Market Cap USD = 237.79b (237.79b USD * 1.0 USD.USD)
P/E Trailing = 21.7917
P/E Forward = 18.5529
P/S = 5.946
P/EG = 1.0141
Beta = 0.444
Revenue TTM = 39.94b USD
EBIT TTM = 15.69b USD
EBITDA TTM = 17.68b USD
Long Term Debt = 41.86b USD (from longTermDebt, last quarter)
Short Term Debt = 2.74b USD (from shortTermDebt, last quarter)
Debt = 50.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 46.05b USD (from netDebt column, last quarter)
Enterprise Value = 283.84b USD (237.79b + Debt 50.08b - CCE 4.04b)
Interest Coverage Ratio = 8.18 (Ebit TTM 15.69b / Interest Expense TTM 1.92b)
FCF Yield = 3.57% (FCF TTM 10.12b / Enterprise Value 283.84b)
FCF Margin = 25.35% (FCF TTM 10.12b / Revenue TTM 39.94b)
Net Margin = 21.56% (Net Income TTM 8.61b / Revenue TTM 39.94b)
Gross Margin = 66.27% ((Revenue TTM 39.94b - Cost of Revenue TTM 13.47b) / Revenue TTM)
Gross Margin QoQ = 67.85% (prev 67.66%)
Tobins Q-Ratio = 4.23 (Enterprise Value 283.84b / Total Assets 67.06b)
Interest Expense / Debt = 0.46% (Interest Expense 230.0m / Debt 50.08b)
Taxrate = 17.21% (751.0m / 4.36b)
NOPAT = 12.99b (EBIT 15.69b * (1 - 17.21%))
Current Ratio = 2.76 (Total Current Assets 22.66b / Total Current Liabilities 8.22b)
Debt / Equity = -4.59 (negative equity) (Debt 50.08b / totalStockholderEquity, last quarter -10.91b)
Debt / EBITDA = 2.60 (Net Debt 46.05b / EBITDA 17.68b)
Debt / FCF = 4.55 (Net Debt 46.05b / FCF TTM 10.12b)
Total Stockholder Equity = -11.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.84% (Net Income 8.61b / Total Assets 67.06b)
RoE = -75.66% (negative equity) (Net Income TTM 8.61b / Total Stockholder Equity -11.38b)
RoCE = 51.48% (EBIT 15.69b / Capital Employed (Equity -11.38b + L.T.Debt 41.86b))
RoIC = 34.35% (NOPAT 12.99b / Invested Capital 37.82b)
WACC = 5.38% (E(237.79b)/V(287.87b) * Re(6.43%) + D(50.08b)/V(287.87b) * Rd(0.46%) * (1-Tc(0.17)))
Discount Rate = 6.43% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.13%
[DCF Debug] Terminal Value 77.70% ; FCFE base≈10.09b ; Y1≈9.70b ; Y5≈9.51b
Fair Price DCF = 108.9 (DCF Value 169.53b / Shares Outstanding 1.56b; 5y FCF grow -5.18% → 3.0% )
EPS Correlation: 77.53 | EPS CAGR: 18.95% | SUE: 2.38 | # QB: 1
Revenue Correlation: 89.36 | Revenue CAGR: 10.94% | SUE: 1.05 | # QB: 1

Additional Sources for PM Stock

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