Is Philip Morris International (PM) overvalued or fairly valued?

MarketChacha shows Philip Morris International's valuation in context — a trailing P/E of about 26.7, a forward P/E of about 21.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Philip Morris International's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.28×) from reported figures — education, not a rating.

What is Philip Morris International's revenue?

Philip Morris International reported revenue of $40.6B for FY2025, with net profit of $11.3B, per official filings.

What is the share price of Philip Morris International (PM)?

Philip Morris International last traded at $201.23 (+0.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Philip Morris International

PM · NYSE · Consumer Staples · United States

Snapshot

TickerPM

ExchangeNYSE

SectorConsumer Staples

IndustryTobacco

CountryUnited States

Employees84,900

HeadquartersStamford, United States

Websitewww.pmi.com

Filings tracked25

About Philip Morris International

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Who owns it

Insiders0.2%
Institutions84.4%
Public & other15.5%

3,528 institutional holders

Ownership breakdown from public market data.

Top holders

Capital World Investors8.54%
Blackrock Inc.6.93%
Vanguard Capital Management LLC6.53%
Capital Research Global Investors5.41%
Capital International Investors4.64%
State Street Corporation3.57%
JPMORGAN CHASE & CO3.09%
FMR, LLC2.98%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.28×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend22.2% → 27.9%

Margin has expanded by about 5.7 points — the business is getting more profitable.

Growth qualityrev 8% · PAT 21%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $11.0B · EPS 1.94

Est. earnings growth +13.9%

Next fiscal year

Rev $45.9B · EPS 9.18

Est. earnings growth +9.2%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$40.6B

Net margin

27.9%

Revenue CAGR (2y)

+7.5%

Profit CAGR (2y)

+20.5%

EPS (FY2025)

7.26

Net profit (FY2025)

$11.3B

Ask MarketChacha about PM

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2025	$40.6B	$11.3B	7.26	27.9%
FY2024	$37.9B	$7.1B	4.52	18.6%
FY2023	$35.2B	$7.8B	5.02	22.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$11.2B	$2.8B	1.80	25.2%
2026Q1	$10.1B	$2.4B	1.56	24.0%
2025Q3	$10.8B	$3.5B	2.23	32.1%
2025Q2	$10.1B	$3.0B	1.95	30.0%
2025Q1	$9.3B	$2.7B	1.72	28.9%
2024Q3	$9.9B	$3.1B	1.97	31.1%
2024Q2	$9.5B	$2.4B	1.54	25.4%
2024Q1	$8.8B	$2.1B	1.38	24.4%
2023Q3	$9.1B	$2.1B	1.32	22.5%
2023Q2	$9.0B	$1.6B	1.01	17.5%
2023Q1	$8.0B	$2.0B	1.28	24.9%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Exhibits
SEC9/8/2026material
8-K — Reg FD disclosure, Exhibits
SEC9/8/2026material
8-K — Reg FD disclosure, Exhibits
SEC8/24/2026material
10-Q filing
SEC7/24/2026
8-K — Results of operations, Exhibits
SEC7/22/2026material
8-K — Executive/director change, Exhibits
SEC7/9/2026material
8-K — Other events
SEC6/29/2026material
8-K/A — Executive/director change, Exhibits
SEC6/16/2026
8-K — Reg FD disclosure, Exhibits
SEC6/11/2026material
8-K — Reg FD disclosure, Exhibits
SEC6/2/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC5/20/2026material
8-K — Shareholder vote results
SEC5/8/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/6/2026material
8-K — Other events, Exhibits
SEC4/29/2026material
10-Q filing
SEC4/24/2026
8-K — Results of operations, Exhibits
SEC4/22/2026material
8-K — Reg FD disclosure, Exhibits
SEC3/13/2026material
8-K — Reg FD disclosure, Exhibits
SEC3/5/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/18/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/18/2026material
8-K — Results of operations, Exhibits
SEC2/6/2026material
10-K filing
SEC2/6/2026
8-K — Reg FD disclosure, Exhibits
SEC1/15/2026material

2025

8-K — Reg FD disclosure, Exhibits
SEC12/12/2025material
8-K — Material agreement, Termination of agreement, Material financial obligation, Exhibits
SEC12/11/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.