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

99.03USD+1.37 (+1.40%)Market Closed

Market Summary

USD99.03+1.37

Market Closed

1.40%

PM Alerts

1 major insider sales recently.

PM Stock Price

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PM RSI Chart

PM Valuation

Market Cap

151.6B

Price/Earnings (Trailing)

19.41

Price/Sales (Trailing)

3.26

EV/EBITDA

17.6

Price/Free Cashflow

19.23

PM Price/Sales (Trailing)

PM Profitability

EBT Margin

22.49%

Return on Equity

346.78%

Return on Assets

11.96%

Free Cashflow Yield

5.2%

PM Fundamentals

PM Revenue

Revenue (TTM)

46.5B

Rev. Growth (Yr)

10.98%

Rev. Growth (Qtr)

-1.03%

PM Earnings

Earnings (TTM)

7.8B

Earnings Growth (Yr)

-8.39%

Earnings Growth (Qtr)

6.91%

Breaking Down PM Revenue

Last 7 days

9.1%

Last 30 days

7.5%

Last 90 days

7.5%

Trailing 12 Months

-0.7%

How does PM drawdown profile look like?

PM Financial Health

Current Ratio

0.75

Debt/Equity

18.31

Debt/Cashflow

0.22

PM Investor Care

Dividend Yield

5.26%

Dividend/Share (TTM)

5.14

Shares Dilution (1Y)

0.14%

Diluted EPS (TTM)

5.02

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	43.3B	44.5B	45.6B	46.5B
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

GRUFITY'S FAIR VALUE MODEL

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S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

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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
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	calantzopoulos andre	sold	-8,571,850	90.23	-95,000	exec. chairman of the board
Feb 22, 2024	olczak jacek	sold	-2,256,750	90.27	-25,000	chief executive officer
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	volpetti stefano	sold (taxes)	-130,546	89.97	-1,451	pr.smokefree&chiefcons.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
Apr 23, 2024	BIRINYI ASSOCIATES INC	unchanged	-	-5,950	229,050	0.07%
Apr 23, 2024	FISHMAN JAY A LTD/MI	reduced	-0.69	-22,416	659,664	0.07%
Apr 23, 2024	CATALYST FINANCIAL PARTNERS LLC	reduced	-5.93	-127,874	1,228,760	0.32%
Apr 23, 2024	United Asset Strategies, Inc.	added	7.01	283,606	7,010,100	0.70%
Apr 23, 2024	REGIONS FINANCIAL CORP	reduced	-3.53	-525,231	8,152,900	0.06%
Apr 23, 2024	PFG Private Wealth Management, LLC	unchanged	-	-73.00	2,749	-%
Apr 23, 2024	Sugarloaf Wealth Management, LLC	reduced	-6.63	-20,352	203,789	0.04%
Apr 23, 2024	Live Oak Private Wealth LLC	added	5.1	60,914	2,654,320	0.46%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	added	13,146	38,342,800	38,642,400	0.63%
Apr 23, 2024	Sage Mountain Advisors LLC	reduced	-6.76	-30,463	300,605	0.03%

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
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
Mar 28, 2024	DEFA14A	DEFA14A
Mar 19, 2024	4	Insider Trading
Mar 15, 2024	144	Notice of Insider Sale Intent
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 07, 2024	144	Notice of Insider Sale Intent

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	151.6B	46.5B	7.47%	-0.69%	19.41	3.26	7.19%	-13.65%
MO	75.6B	24.5B	-0.26%	-8.14%	9.3	3.09	-2.44%	41.05%
MID-CAP
SMALL-CAP
VGR	1.6B	1.4B	-3.24%	-17.19%	8.98	1.16	-1.16%	15.64%
UVV	1.3B	2.7B	2.53%	-3.61%	9.58	0.48	5.90%	38.36%
XXII	5.8M	32.2M	-23.39%	-99.00%	-0.11	0.18	-20.49%	-49.61%
HPCO	2.9M	2.5M	-50.50%	-83.50%	-0.37	1.15	-22.57%	-225.30%
GNLN	2.2M	77.3M	3.45%	-80.00%	-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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.0%	9,047	9,141	8,967	19,318	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	19,858
Gross Profit	-6.5%	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	4,718
EBITDA Margin	-	0.23*	-	0.12*	0.13*	0.14*	0.22*	0.18*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	-	-	-	-	-	-	-	-
Interest Expenses	-4.6%	-273	-261	-297	-230	-170	-138	-126	-154	-146	-154	-161	-167	-164	-163	-162	-129	-136	-132	-150	-152	-125
Income Taxes	-69.0%	320	1,031	560	428	409	622	594	619	593	735	646	697	613	640	528	596	623	635	611	424	551
Earnings Before Taxes	-15.9%	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	2,555
EBT Margin	-3.2%	0.22*	0.23*	0.12*	0.13*	0.13*	0.21*	0.17*	0.15*	0.15*	0.15*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	6.9%	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	1,910
Net Income Margin	-4.4%	0.17*	0.18*	0.09*	0.10*	0.10*	0.16*	0.13*	0.11*	0.11*	0.11*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-1.7%	2,991	3,044	3,082	-1,234	2,746	2,816	3,275	889	3,743	3,718	3,502	256	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.8%	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	39,801
Current Assets	2.9%	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	19,442
Cash Equivalents	1.4%	3,060	3,017	3,492	2,428	3,207	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	6,620
Inventory	11.7%	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	8,804
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	5,952	6,365	6,134	6,184	6,107	6,631	6,636	6,917	6,894	7,201
Goodwill	1.6%	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	7,189
Liabilities	5.8%	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	50,540
Current Liabilities	22.4%	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	17,191
Short Term Borrowings	-8.4%	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	730
Long Term Debt	-3.9%	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	26,975
Retained Earnings	0.5%	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	31,014
Additional Paid-In Capital	1.4%	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	1,939
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	8,297	8,544	8,159	7,892	7,593	7,815	7,528	7,617	7,405	7,356
Minority Interest	3.0%	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	1,720
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-3.3%	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	2,422
Cashflow From Investing	71.0%	-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	166
Cashflow From Financing	-64.1%	-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	-1,747
Dividend Payments	2.3%	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	1,775
Buy Backs	-	-	-	-	-	-	-	-	209	681	94.00	-	-	-	-	-	-	-	-	-	-	-

PM Income Statement

2023-12-31

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

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Income Statement [Abstract]

Net revenues 1 & 2 (Notes 6 & 13)

^[1],[2]

$ 35,174

$ 31,762

$ 31,405

Cost of sales 3 (Notes 4 & 5)

^[3]

12,893

11,402

10,030

Gross profit

22,281

20,360

21,375

Marketing, administration and research costs 4 (Notes 3, 4, 5, 13, 18 & 20)

^[4]

10,060

8,114

8,400

Impairment of goodwill (Note 5)

665

Operating income

11,556

12,246

12,975

Interest expense, net (Note 15)

1,061

588

628

Pension and other employee benefit costs (Note 14)

115

Earnings before income taxes

10,450

11,634

12,232

Provision for income taxes (Note 12)

2,339

2,244

2,671

Equity investments and securities (income)/loss, net

(157)

(137)

(149)

Net earnings

8,268

9,527

9,710

Net earnings attributable to noncontrolling interests

455

479

601

Net earnings attributable to PMI

$ 7,813

$ 9,048

$ 9,109

Per share data (Note 11):

Basic earnings per share (in dollars per share)

$ 5.02

$ 5.82

$ 5.83

Diluted earnings per share (in dollars per share)

$ 5.02

$ 5.81

$ 5.83

[1]	(2) Net of excise tax on products of $49,404 million, $48,958 million and $50,818 million for the years ended December 31, 2023, 2022 and 2021, respectively
[2]	(1) Includes net revenues from related parties of $3,553 million, $3,658 million and $3,330 million for the years ended December 31, 2023, 2022 and 2021, respectively
[3]	(3) Includes an impairment charge for other intangibles of $112 million for the year ended December 31, 2022. For further details, see Note 5. Goodwill and Other Intangible Assets, net
[4]	(4) Includes an impairment charge for other intangibles of $15 million and a charge of $204 million for the South Korea indirect tax charge for the year ended December 31, 2023. For further details, see Note 5. Goodwill and Other Intangible Assets, net and Note 18. Contingencies

PM Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Millions

Dec. 31, 2023

Dec. 31, 2022

Assets

Cash and cash equivalents

$ 3,060

$ 3,207

Trade receivables (less allowances of $79 in 2023 and $42 in 2022) (1)

^[1]

3,461

3,850

Other receivables (less allowances of $35 in 2023 and $32 in 2022)

930

906

Inventories:

Leaf tobacco

1,942

1,674

Other raw materials

2,293

2,028

Finished product

6,539

6,184

Total inventory, net

10,774

9,886

Other current assets (Note 3)

1,530

1,770

Total current assets

19,755

19,619

Property, plant and equipment, at cost:

Land and land improvements

550

545

Buildings and building equipment

4,617

4,291

Machinery and equipment

10,713

9,549

Construction in progress

1,200

1,058

Property plant and equipment, gross

17,080

15,443

Less: accumulated depreciation

9,564

8,733

Property plant and equipment, net

7,516

6,710

Goodwill (Note 5)

16,779

19,655

Other intangible assets, net (Note 5)

9,864

6,732

Equity investments (Note 6)

4,929

4,431

Deferred income taxes

814

603

Other assets (less allowances of $25 in 2023 and $20 in 2022) (Note 3)

5,647

3,931

Total Assets

65,304

61,681

Liabilities

Short-term borrowings (Note 8)

1,968

5,637

Current portion of long-term debt (Note 8)

4,698

2,611

Accounts payable

4,143

4,076

Accrued liabilities:

Marketing and selling

862

695

Taxes, except income taxes

7,514

7,440

Employment costs

1,262

1,168

Dividends payable

2,041

1,990

Other

2,737

2,679

Income taxes

1,158

1,040

Total current liabilities

26,383

27,336

Long-term debt (Note 8)

41,243

34,875

Deferred income taxes

2,335

1,956

Employment costs

3,046

1,984

Income taxes and other liabilities (Note 12)

1,743

1,841

Total liabilities

74,750

67,992

Contingencies (Note 18)

Stockholders’ (Deficit) Equity

Common stock, no par value (2,109,316,331 shares issued in 2023 and 2022) (Note 9)

Additional paid-in capital

2,285

2,230

Earnings reinvested in the business

34,090

34,289

Accumulated other comprehensive losses (Note 17)

(11,815)

(9,559)

Total stockholders' equity before treasury stock

24,560

26,960

Less: cost of repurchased stock (556,891,800 and 559,098,620 shares in 2023 and 2022, respectively)

35,785

35,917

Total PMI stockholders’ deficit

(11,225)

(8,957)

Noncontrolling interests

1,779

2,646

Total stockholders’ deficit

(9,446)

(6,311)

Total Liabilities and Stockholders’ (Deficit) Equity

$ 65,304

$ 61,681

[1]	(1) Includes trade receivables from related parties of $710 million and $688 million as of December 31, 2023, and 2022, respectively. For further details, see Note 6. 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 Tue Apr 23 2024, market cap of Philip Morris International Inc is 151.63 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 Tue Apr 23 2024, PM's PE ratio (Price to Earnings) is 19.41 and Price to Sales (PS) ratio is 3.26. 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 0.06 (multiply by 100 for percentage) rate of return.