PM - Philip Morris International Stock

Market Summary

USD90.27-1.14

Market Closed

-1.25%

PM Stock Price

PM RSI Chart

PM Valuation

Market Cap

143.5B

Price/Earnings (Trailing)

16.48

Price/Sales (Trailing)

1.78

EV/EBITDA

17.61

Price/Free Cashflow

18.88

PM Price/Sales (Trailing)

PM Profitability

EBT Margin

13.61%

Return on Assets

14.04%

Free Cashflow Yield

5.3%

PM Fundamentals

PM Revenue

Revenue (TTM)

69.2B

Revenue Y/Y

14.49%

Revenue Q/Q

-53.58%

PM Earnings

Earnings (TTM)

8.0B

Earnings Y/Y

-29.78%

Earnings Q/Q

-21.4%

Price Action

52 Week Range

84.00105.62

(Low)(High)

Last 7 days

-1.1%

Last 30 days

-4.5%

Last 90 days

-7.2%

Trailing 12 Months

10.1%

PM Financial Health

Current Ratio

0.85

Debt/Cashflow

0.22

PM Investor Care

Dividend Yield

5.63%

Dividend/Share (TTM)

5.08

Diluted EPS (TTM)

5.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for PM

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-03	Daboub Juan J.	acquired	175,003	96.58	1,812	-
2023-05-03	Morparia Kalpana	acquired	175,003	96.58	1,812	-
2023-05-03	Bough Bonin	acquired	175,003	96.58	1,812	-
2023-05-03	Makihara Jun	acquired	175,003	96.58	1,812	-
2023-05-03	Temperley Dessislava	acquired	175,003	96.58	1,812	-
2023-05-03	Combes Michel	acquired	175,003	96.58	1,812	-
2023-05-03	Yanai Shlomo	acquired	175,003	96.58	1,812	-
2023-05-03	Geissler Werner	acquired	175,003	96.58	1,812	-
2023-05-03	Polet Robert	acquired	175,003	96.58	1,812	-
2023-05-03	Hook Lisa	acquired	175,003	96.58	1,812	-

Which funds bought or sold PM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-10-02	PARK NATIONAL CORP /OH/	reduced	-0.14	-56,300	1,007,270	0.04%
2023-09-29	Schoolcraft Capital LLC	new	-	283,098	283,098	0.08%
2023-09-26	M Holdings Securities, Inc.	reduced	-57.38	-790,000	591,000	0.12%
2023-09-21	Jefferies Group LLC	reduced	-33.29	-433,640	553,760	-%
2023-09-21	Halpern Financial, Inc.	unchanged	-	129	34,167	0.01%
2023-09-21	Baystate Wealth Management LLC	reduced	-5.00	-2,499	50,088	-%
2023-09-20	BARCLAYS PLC	added	64.96	123,679,000	312,249,000	0.20%
2023-09-14	IMS Capital Management	sold off	-100	-270,734	-	-%
2023-09-13	CGC Financial Services, LLC	new	-	131,104	131,104	0.09%
2023-09-12	Farther Finance Advisors, LLC	added	422	559,685	691,474	0.15%

Latest Funds Activity

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

Schedule 13G FIlings of Philip Morris International

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
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
Feb 16, 2021	capital world investors	5.3%	82,430,438	SC 13G
Feb 10, 2021	vanguard group inc	7.89%	122,884,229	SC 13G/A
Jan 29, 2021	blackrock inc.	5.8%	90,439,001	SC 13G/A
Feb 12, 2020	vanguard group inc	8.01%	124,734,308	SC 13G/A

Recent SEC filings of Philip Morris International

View All Filings

Date Filed	Form Type	Document
Sep 28, 2023	8-K	Current Report
Sep 20, 2023	8-K	Current Report
Sep 18, 2023	8-K	Current Report
Sep 13, 2023	8-K	Current Report
Sep 07, 2023	8-K	Current Report
Sep 06, 2023	FWP	Prospectus Filed
Sep 06, 2023	424B2	Prospectus Filed
Sep 05, 2023	424B2	Prospectus Filed
Jul 28, 2023	8-K	Current Report
Jul 27, 2023	10-Q	Quarterly Report

Peers (Alternatives to Philip Morris International)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
KO	237.4B	44.1B	-6.46%	0.50%	22.58	5.38	6.82%	9.81%
PEP	231.1B	90.1B	-3.51%	3.62%	29.25	2.56	10.11%	-14.47%
PM	143.5B	69.2B	-4.46%	10.12%	16.48	1.78	-0.60%	-11.41%
MO	80.8B	24.9B	-5.74%	2.97%	14.44	3.24	-2.31%	289.16%
KDP	43.4B	14.6B	-6.97%	-12.87%	27.09	2.98	9.75%	-26.33%
TAP	13.4B	13.3B	-0.48%	30.46%	328.95	1.01	4.18%	-94.42%
MID-CAP
CELH	12.4B	952.0M	-10.41%	91.88%	-112.22	13.01	95.66%	-699.65%
SAM	4.7B	2.2B	7.13%	21.65%	71.89	2.14	4.84%	210.43%
SMALL-CAP
FIZZ	5.1B	1.2B	-3.33%	22.94%	35.58	4.31	3.03%	11.55%
VGR	1.6B	1.4B	-4.64%	19.07%	10.23	1.13	9.93%	-3.65%
UVV	1.2B	2.7B	-1.01%	3.74%	10.13	0.44	21.72%	32.29%
TPB	403.8M	417.7M	-7.12%	8.10%	31.69	0.97	-0.30%	-69.18%
FARM	44.9M	340.0M	21.53%	-45.84%	-0.57	0.13	-27.54%	-405.59%
XXII	14.0M	68.9M	-30.14%	-93.67%	-0.24	0.2	78.07%	-99.65%

Philip Morris International News

Returns for PM

Cumulative Returns on PM

5.1%

10-Year Cumulative Returns

3.7%

7-Year Cumulative Returns

6.7%

5-Year Cumulative Returns

10.9%

3-Year Cumulative Returns

Risks for PM

What is the probability of a big loss on PM?

65.8%

Probability that Philip Morris International stock will be more than 20% underwater in next one year

24.6%

Probability that Philip Morris International stock will be more than 30% underwater in next one year.

0%

Probability that Philip Morris International stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Philip Morris International was unfortunately bought at previous high price.

Drawdowns

Financials for Philip Morris International

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	1.7%	69,204	68,069	80,669	68,891	69,620	82,209	82,223	80,924	79,751	77,149	76,047	76,365	76,301	78,469	77,921	77,930	77,989	79,102	79,823	81,550	81,749
Gross Profit	2.7%	20,758	20,203	20,360	20,716	21,145	21,202	21,375	20,950	20,454	19,685	19,125	19,188	19,195	19,757	19,292	19,075	18,924	18,872	18,867	19,442	19,294
EBITDA	-100.0%	-	10,309	11,046	11,092	12,581	12,514	12,602	12,521	12,299	11,894	11,316	10,957	10,565	11,050	-	-	-	-	-	-	-
EBITDA Margin	-100.0%	-	0.13*	0.14*	0.14*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.14*	0.14*	0.14*	-	-	-	-	-	-	-
Interest Expenses	-25.8%	-835	-664	-588	-564	-580	-615	-628	-646	-655	-656	-618	-590	-559	-547	-570	-559	-572	-590	-665	-799	-877
Earnings Before Taxes	-6.0%	10,311	10,973	11,634	11,656	12,107	12,123	12,232	12,176	11,959	11,565	10,953	10,583	10,162	10,632	9,872	10,085	10,453	10,355	10,671	11,175	11,016
EBT Margin	-100.0%	-	0.14*	0.14*	0.14*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.14*	0.14*	0.13*	0.14*	-	-	-	-	-	-	-
Net Income	-7.6%	8,047	8,712	9,048	8,744	9,083	9,022	9,109	8,992	8,873	8,648	8,056	7,696	7,285	7,657	7,185	7,479	7,830	7,709	7,911	6,695	6,418
Net Income Margin	-100.0%	-	0.11*	0.11*	0.11*	0.11*	0.11*	0.11*	0.11*	0.11*	0.11*	0.11*	0.10*	0.10*	0.10*	-	-	-	-	-	-	-
Free Cashflow	-100.0%	-	7,603	9,726	10,723	11,625	11,852	11,219	10,498	10,242	8,525	9,210	9,356	7,783	9,262	-	-	-	-	-	-	-

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	-0.3%	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	39,380	40,721
Current Assets	1.4%	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	18,538	20,028
Cash Equivalents	43.8%	3,492	2,428	3,207	5,368	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	5,913	6,622
Inventory	-7.6%	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	8,440	8,925
Net PPE	-	-	-	-	-	-	-	-	-	-	5,952	6,365	6,134	6,184	6,107	6,631	6,636	6,917	6,894	7,201	7,138	7,113
Goodwill	-3.2%	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	7,271	7,312
Liabilities	1.0%	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	49,322	50,889
Current Liabilities	1.1%	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	15,599	17,441
Short Term Borrowings	-14.2%	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	545	592
Long Term Debt	2.4%	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	28,179	28,048
Retained Earnings	-1.2%	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	30,877	30,406
Additional Paid-In Capital	2.4%	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	1,906	1,893
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	8,297	8,544	8,159	7,892	7,593	7,815	7,528	7,617	7,405	7,356	7,447	7,269
Minority Interest	-6.8%	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	1,778	1,747

Cashflow (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	-0.9%	8,648	8,730	10,803	11,742	12,544	12,650	11,967	11,097	10,841	9,136	9,812	9,974	8,443	9,960	10,090	9,188	8,788	9,339	9,478	9,977	10,214
Cashflow From Investing	-3.9%	-16,698	-16,074	-15,679	-491	-2,285	-2,609	-2,358	-2,604	-1,148	-1,613	-1,154	-752	-196	299	-1,811	-1,461	-2,064	-1,576	-998	-1,925	-2,522
Cashflow From Financing	24.5%	6,686	5,371	3,806	-9,872	-9,654	-9,029	-11,977	-8,641	-9,116	-7,596	-8,496	-10,990	-8,009	-9,459	-8,061	-6,849	-9,191	-11,064	-9,651	-9,441	-7,193
Dividend Payments	0.4%	7,879	7,847	7,812	7,791	7,725	7,653	7,580	7,507	7,458	7,415	7,364	7,310	7,262	7,209	7,161	7,111	7,110	7,006	6,885	6,776	6,616
Buy Backs	-	-	-	209	890	984	984	775	94.00	-	-	-	-	-	-	-	-	-	-	-	-	-

PM Income Statement

2023-06-30

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

3 Months Ended

6 Months Ended

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2023

Jun. 30, 2022

Income Statement [Abstract]

Total PMI net revenues

$ 8,967

^[1],[2]

$ 7,832

^[1],[2]

$ 16,986

^[3],[4]

$ 15,578

^[3],[4]

Cost of sales (Note 3)

3,228

2,648

6,266

5,256

Gross profit

5,739

5,184

10,720

10,322

Marketing, administration and research costs 3 (Notes 3, 6 & 10)

3,173

^[5]

2,128

^[5]

5,423

^[6]

3,968

^[6]

Operating income

2,566

3,056

5,297

6,354

Interest expense, net

297

126

527

280

Pension and other employee benefit costs (Note 5)

6

5

28

9

Earnings before income taxes

2,263

2,925

4,742

6,065

Provision for income taxes

560

594

988

1,213

Equity investments and securities (income)/loss, net

21

(15)

(30)

41

Net earnings

1,682

2,346

3,784

4,811

Net earnings attributable to noncontrolling interests

114

113

221

247

Net earnings attributable to PMI

$ 1,568

$ 2,233

$ 3,563

$ 4,564

Per share data (Note 8):

Basic earnings per share (in dollars per share)

$ 1.01

$ 1.44

$ 2.29

$ 2.94

Diluted earnings per share (in dollars per share)

$ 1.01

$ 1.43

$ 2.29

$ 2.93

[1]	Includes net revenues from related parties of $901 million and $869 million for the three months ended June 30, 2023 and 2022, respectively
[2]	Net of excise taxes of $12,749 million and $12,577 million for the three months ended June 30, 2023 and 2022, respectively
[3]	Includes net revenues from related parties of $1,774 million and $1,547 million for the six months ended June 30, 2023 and 2022, respectively
[4]	Net of excise tax on products of $24,048 million and $24,172 million for the six months ended June 30, 2023 and 2022, respectively
[5]	Includes an impairment charge for goodwill and other intangibles of $680 million and a charge of $204 million for the South Korea indirect tax charge for the three months ended June 30, 2023, respectively. For further details, see Note 6. Goodwill and Other Intangible Assets, net and Note 10. Contingencies.
[6]	Includes an impairment charge for goodwill and other intangibles of $680 million and a charge of $204 million for the South Korea indirect tax charge for the six months ended June 30, 2023, respectively. For further details, see Note 6. Goodwill and Other Intangible Assets, net and Note 10. Contingencies.

PM Balance Sheet

2023-06-30

Condensed Consolidated Balance Sheets - USD ($)
$ in Millions

Jun. 30, 2023

Dec. 31, 2022

ASSETS

Cash and cash equivalents

$ 3,492

$ 3,207

Trade receivables (less allowances of $65 in 2023 and $42 in 2022) (1)

^[1]

4,110

3,850

Other receivables (less allowances of $34 in 2023 and $32 in 2022)

902

906

Inventories:

Leaf tobacco

2,010

1,674

Other raw materials

2,367

2,028

Finished product

5,523

6,184

Total inventory, net

9,900

9,886

Other current assets

1,432

1,770

Total current assets

19,836

19,619

Property, plant and equipment, at cost

16,195

15,443

Less: accumulated depreciation

9,204

8,733

Total property, plant and equipment, net

6,991

6,710

Goodwill (Note 6)

19,236

19,655

Other intangible assets, net (Note 6)

6,630

6,732

Equity investments (Note 14)

4,747

4,431

Deferred income taxes

574

603

Other assets (less allowances of $25 in 2023 and $20 in 2022) (Note 2)

3,854

3,931

TOTAL ASSETS

61,868

61,681

LIABILITIES

Short-term borrowings (Note 12)

4,121

5,637

Current portion of long-term debt (Note 12)

2,372

2,611

Accounts payable

3,786

4,076

Accrued liabilities:

Marketing and selling

820

695

Taxes, except income taxes

5,939

7,440

Employment costs

1,023

1,168

Dividends payable

1,992

1,990

Other

2,348

2,679

Income taxes

844

1,040

Total current liabilities

23,245

27,336

Long-term debt (Note 12)

41,400

34,875

Deferred income taxes

1,710

1,956

Employment costs

1,984

Income taxes and other liabilities

1,489

1,841

Total liabilities

69,828

67,992

Contingencies (Note 10)

STOCKHOLDERS’ (DEFICIT) EQUITY

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

0

Additional paid-in capital

2,240

2,230

Earnings reinvested in the business

33,893

34,289

Accumulated other comprehensive losses (Note 13)

(10,045)

(9,559)

Total stockholders' equity before treasury stock

26,088

26,960

Less: cost of repurchased stock (557,003,561 and 559,098,620 shares in 2023 and 2022, respectively)

35,791

35,917

Total PMI stockholders’ deficit

(9,703)

(8,957)

Noncontrolling interests

1,743

2,646

Total stockholders’ deficit

(7,960)

(6,311)

TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY

$ 61,868

$ 61,681

[1]

Includes trade receivables from related parties of $709 million and $688 million as of June 30, 2023, and December 31, 2022, respectively (less allowances of $29 million as of June 30, 2023 and $7 million as of December 31, 2022). For further details, see Note 14. Related Parties - Equity Investments and Other.

About Philip Morris International

Jacek Olczak

www.pmi.com

65535

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, smoke-free products, and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, and Parliament HeatSticks brands, as well as under the Fiit and Miix licensed brands. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, South and Southeast Asia, East Asia, Australia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.

Market Summary

PM Stock Price

PM RSI Chart

PM Valuation

PM Price/Sales (Trailing)

PM Profitability

PM Fundamentals

PM Revenue

PM Earnings

Price Action

52 Week Range

PM Financial Health

PM Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for PM

Which funds bought or sold PM recently?

Latest Funds Activity

Schedule 13G FIlings of Philip Morris International

Recent SEC filings of Philip Morris International

Peers (Alternatives to Philip Morris International)

Philip Morris International News

Returns for PM

Cumulative Returns on PM

Risks for PM

What is the probability of a big loss on PM?

How does PM drawdown profile look like?

Financials for Philip Morris International

Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Balance Sheet(In Millions)

Cashflow (Last 12 Months)(In Millions)

PM Income Statement

PM Balance Sheet

About Philip Morris International

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)