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Philip Morris International Inc Stock Research

PM

90.27USD-1.14(-1.25%)Market Closed
Watchlist

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

Latest Insider Trading transactions for PM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold PM recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 46

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
237.4B
44.1B
-6.46% 0.50%
22.58
5.38
6.82% 9.81%
231.1B
90.1B
-3.51% 3.62%
29.25
2.56
10.11% -14.47%
143.5B
69.2B
-4.46% 10.12%
16.48
1.78
-0.60% -11.41%
80.8B
24.9B
-5.74% 2.97%
14.44
3.24
-2.31% 289.16%
43.4B
14.6B
-6.97% -12.87%
27.09
2.98
9.75% -26.33%
13.4B
13.3B
-0.48% 30.46%
328.95
1.01
4.18% -94.42%
MID-CAP
12.4B
952.0M
-10.41% 91.88%
-112.22
13.01
95.66% -699.65%
4.7B
2.2B
7.13% 21.65%
71.89
2.14
4.84% 210.43%
SMALL-CAP
5.1B
1.2B
-3.33% 22.94%
35.58
4.31
3.03% 11.55%
1.6B
1.4B
-4.64% 19.07%
10.23
1.13
9.93% -3.65%
1.2B
2.7B
-1.01% 3.74%
10.13
0.44
21.72% 32.29%
403.8M
417.7M
-7.12% 8.10%
31.69
0.97
-0.30% -69.18%
44.9M
340.0M
21.53% -45.84%
-0.57
0.13
-27.54% -405.59%
14.0M
68.9M
-30.14% -93.67%
-0.24
0.2
78.07% -99.65%

Philip Morris International News

MarketWatch
Philip Morris International Inc. stock underperforms Tuesday when compared to competitors.
MarketWatch,
4 hours ago
Marketscreener.com
The Motley Fool
Yahoo Finance
Marketscreener.com

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)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.7%69,20468,06980,66968,89169,62082,20982,22380,92479,75177,14976,04776,36576,30178,46977,92177,93077,98979,10279,82381,55081,749
Gross Profit2.7%20,75820,20320,36020,71621,14521,20221,37520,95020,45419,68519,12519,18819,19519,75719,29219,07518,92418,87218,86719,44219,294
EBITDA-100.0%-10,30911,04611,09212,58112,51412,60212,52112,29911,89411,31610,95710,56511,050-------
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%10,31110,97311,63411,65612,10712,12312,23212,17611,95911,56510,95310,58310,16210,6329,87210,08510,45310,35510,67111,17511,016
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%8,0478,7129,0488,7449,0839,0229,1098,9928,8738,6488,0567,6967,2857,6577,1857,4797,8307,7097,9116,6956,418
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%-7,6039,72610,72311,62511,85211,21910,49810,2428,5259,2109,3567,7839,262-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.3%61,86862,06061,68140,71740,96041,73341,29041,58940,68639,80444,81539,12939,16237,49442,87541,42039,92338,04239,80139,38040,721
  Current Assets1.4%19,83619,57119,61919,03518,37618,72417,71717,84618,74317,91021,49217,45317,77616,86120,51419,57517,16315,74119,44218,53820,028
    Cash Equivalents43.8%3,4922,4283,2075,3685,0434,6264,5004,8004,9203,9067,2854,8274,2073,7506,8656,5114,0133,0866,6205,9136,622
  Inventory-7.6%9,90010,7129,8867,1537,5518,6848,7208,1738,6909,0199,5918,1608,9689,0459,2358,5298,2558,3188,8048,4408,925
  Net PPE----------5,9526,3656,1346,1846,1076,6316,6366,9176,8947,2017,1387,113
  Goodwill-3.2%19,23619,86619,6556,1276,3186,6326,6806,8145,8425,7685,9645,6475,6535,2845,8585,7205,8285,7757,1897,2717,312
Liabilities1.0%69,82869,11367,99248,12048,22049,93649,49850,22149,88649,37855,44649,37449,28248,55752,47450,57549,33248,22750,54049,32250,889
  Current Liabilities1.1%23,24522,98527,33620,77220,54720,41719,25517,87715,88415,21519,61515,52515,79216,58418,83318,04518,04618,48617,19115,59917,441
  Short Term Borrowings-14.2%4,1214,8035,6372,8181,5582,4412252231361922441522811,4383383552691,551730545592
  Long Term Debt2.4%41,40040,41634,87521,76222,34524,01924,78325,76827,41427,27628,16827,34627,04324,99926,65626,42624,85823,13126,97528,17928,048
  Retained Earnings-1.2%33,89334,30334,28933,86533,75533,46833,08232,93532,46532,17831,63831,53731,10330,98430,98731,19731,12830,58831,01430,87730,406
  Additional Paid-In Capital2.4%2,2402,1882,2302,2042,1652,1182,2252,1812,1432,0802,1052,0712,0441,9922,0191,9811,9481,9071,9391,9061,893
Accumulated Depreciation----------8,2978,5448,1597,8927,5937,8157,5287,6177,4057,3567,4477,269
Minority Interest-6.8%1,7431,8712,6461,7341,7841,8951,8981,9191,9131,9741,9361,8471,8771,8811,9781,8551,7901,7831,7201,7781,747
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-0.9%8,6488,73010,80311,74212,54412,65011,96711,09710,8419,1369,8129,9748,4439,96010,0909,1888,7889,3399,4789,97710,214
Cashflow From Investing-3.9%-16,698-16,074-15,679-491-2,285-2,609-2,358-2,604-1,148-1,613-1,154-752-196299-1,811-1,461-2,064-1,576-998-1,925-2,522
Cashflow From Financing24.5%6,6865,3713,806-9,872-9,654-9,029-11,977-8,641-9,116-7,596-8,496-10,990-8,009-9,459-8,061-6,849-9,191-11,064-9,651-9,441-7,193
  Dividend Payments0.4%7,8797,8477,8127,7917,7257,6537,5807,5077,4587,4157,3647,3107,2627,2097,1617,1117,1107,0066,8856,7766,616
  Buy Backs---20989098498477594.00-------------

PM Income Statement

2023-06-30
Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended6 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)3,2282,6486,2665,256
Gross profit5,7395,18410,72010,322
Marketing, administration and research costs 3 (Notes 3, 6 & 10)3,173[5]2,128[5]5,423[6]3,968[6]
Operating income2,5663,0565,2976,354
Interest expense, net297126527280
Pension and other employee benefit costs (Note 5)65289
Earnings before income taxes2,2632,9254,7426,065
Provision for income taxes5605949881,213
Equity investments and securities (income)/loss, net21(15)(30)41
Net earnings1,6822,3463,7844,811
Net earnings attributable to noncontrolling interests114113221247
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]4,1103,850
Other receivables (less allowances of $34 in 2023 and $32 in 2022)902906
Inventories:  
Leaf tobacco2,0101,674
Other raw materials2,3672,028
Finished product5,5236,184
Total inventory, net9,9009,886
Other current assets1,4321,770
Total current assets19,83619,619
Property, plant and equipment, at cost16,19515,443
Less: accumulated depreciation9,2048,733
Total property, plant and equipment, net6,9916,710
Goodwill (Note 6)19,23619,655
Other intangible assets, net (Note 6)6,6306,732
Equity investments (Note 14)4,7474,431
Deferred income taxes574603
Other assets (less allowances of $25 in 2023 and $20 in 2022) (Note 2)3,8543,931
TOTAL ASSETS61,86861,681
LIABILITIES  
Short-term borrowings (Note 12)4,1215,637
Current portion of long-term debt (Note 12)2,3722,611
Accounts payable3,7864,076
Accrued liabilities:  
Marketing and selling820695
Taxes, except income taxes5,9397,440
Employment costs1,0231,168
Dividends payable1,9921,990
Other2,3482,679
Income taxes8441,040
Total current liabilities23,24527,336
Long-term debt (Note 12)41,40034,875
Deferred income taxes1,7101,956
Employment costs1,9841,984
Income taxes and other liabilities1,4891,841
Total liabilities69,82867,992
Contingencies (Note 10)
STOCKHOLDERS’ (DEFICIT) EQUITY  
Common stock, no par value (2,109,316,331 shares issued in 2023 and 2022)00
Additional paid-in capital2,2402,230
Earnings reinvested in the business33,89334,289
Accumulated other comprehensive losses (Note 13)(10,045)(9,559)
Total stockholders' equity before treasury stock26,08826,960
Less: cost of repurchased stock (557,003,561 and 559,098,620 shares in 2023 and 2022, respectively)35,79135,917
Total PMI stockholders’ deficit(9,703)(8,957)
Noncontrolling interests1,7432,646
Total stockholders’ deficit(7,960)(6,311)
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY$ 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.
Jacek Olczak
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.