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Philip Morris International Inc Stock Research

PM

90.84USD+0.08(+0.09%)Market Closed

Market Summary

USD90.84+0.08
Market Closed
0.09%

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

14.42%

Return on Assets

14.67%

Free Cashflow Yield

5.3%

PM Fundamentals

PM Revenue

Revenue (TTM)

80.6B

Revenue Y/Y

-0.12%

Revenue Q/Q

-3.56%

PM Earnings

Earnings (TTM)

8.7B

Earnings Y/Y

-14.41%

Earnings Q/Q

-16.77%

Price Action

52 Week Range

82.85105.77
(Low)(High)

Last 7 days

-2.5%

Last 30 days

-7.5%

Last 90 days

-7.8%

Trailing 12 Months

-13.7%

PM Financial Health

Current Ratio

0.72

Debt/Cashflow

0.31

PM Investor Care

Dividend Yield

5.57%

Dividend/Share (TTM)

5.06

Buy Backs (1Y)

0.43%

Diluted EPS (TTM)

5.59

Peers (Alternatives to Philip Morris International)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
260.7B
43.5B
-5.18% -3.51%
26.42
5.99
8.39% -4.26%
253.0B
88.0B
-2.63% 8.67%
38.44
2.87
8.89% -35.26%
143.5B
80.6B
-7.49% -13.67%
16.48
1.78
-1.90% -3.44%
80.8B
24.9B
-4.45% -16.55%
14.44
3.24
-3.66% 85.78%
44.1B
14.3B
-11.52% -10.64%
33.45
3.08
11.46% -45.22%
12.4B
12.9B
2.55% 11.98%
-70.47
0.96
0.79% -123.70%
MID-CAP
9.7B
780.2M
37.64% 92.04%
-63.58
12.44
96.20% -1622.36%
3.9B
2.2B
1.91% -7.25%
64.92
1.78
6.19% 213.77%
SMALL-CAP
4.7B
1.2B
1.61% 2.10%
33.28
3.99
4.98% -14.14%
1.9B
1.5B
-4.96% -2.24%
11.51
1.27
15.96% -26.88%
1.3B
2.5B
-0.26% -12.63%
13.71
0.52
21.63% -4.05%
376.7M
415.1M
-8.85% -24.87%
45.71
0.91
-5.39% -83.93%
135.1M
64.9M
-13.23% -66.36%
-2.61
2.08
53.74% -15.07%
36.9M
501.3M
-34.63% -62.09%
-1.02
0.07
11.63% -128.21%

Financials for Philip Morris International

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue0.0%80,64680,66981,46882,19782,209
Gross Profit-0.8%20,20320,36020,71621,14521,202
EBITDA-0.4%11,04611,09212,581--
EBITDA Margin0.6%0.14*0.14*0.15*--
Earnings Before Taxes-5.7%10,97311,63411,65612,10712,123
EBT Margin0.8%0.14*0.14*0.15*--
Interest Expenses-12.9%-664-588-564-580-615
Net Income-3.7%8,7129,0488,7449,0839,022
Net Income Margin4.5%0.11*0.11*0.11*--
Free Cahsflow-9.3%9,72610,72311,625--
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets0.6%62,06061,68140,71740,96041,733
  Current Assets-0.2%19,57119,61919,03518,37618,724
    Cash Equivalents-24.3%2,4283,2075,3685,0364,626
  Inventory8.4%10,7129,8867,1537,5518,684
  Goodwill1.1%19,86619,6556,1276,3186,632
Liabilities1.6%69,11367,99248,12048,22049,936
  Current Liabilities-15.9%22,98527,33620,77220,54720,417
.    Short Term Borrowings-14.8%4,8035,6372,8181,5582,441
  Long Term Debt15.9%40,41634,87521,76222,34524,019
  Retained Earnings0.0%34,30334,28933,86533,75533,468
  Additional Paid-In Capital-1.9%2,1882,2302,2042,1652,118
Minority Interest-29.3%1,8712,6461,7341,7841,895
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-19.2%8,73010,80311,74212,54412,650
Cashflow From Investing-2.5%-16,074-15,679-491-2,285-2,609
Cashflow From Financing41.1%5,3713,806-9,872-9,654-9,029
  Dividend Payments0.4%7,8477,8127,7917,7257,653
  Buy Backs-100.0%0.00209890984984

Risks for PM

What is the probability of a big loss on PM?

73.1%


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

30.8%


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

Returns for PM

Cumulative Returns on PM

4.6%


10-Year Cumulative Returns

3.6%


7-Year Cumulative Returns

7.9%


5-Year Cumulative Returns

13.0%


3-Year Cumulative Returns

What are the long-term rolling returns for PM?

FIve years rolling returns for Philip Morris International.

Annualized Returns

Which funds bought or sold PM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Old North State Trust, LLC
reduced
-4.09
-17,000
196,000
0.14%
2023-05-24
Verity Asset Management, Inc.
added
0.46
-47,656
1,324,450
0.79%
2023-05-23
Front Row Advisors LLC
unchanged
-
-
4,000
-%
2023-05-23
3Chopt Investment Partners, LLC
new
-
1,596,460
1,596,460
0.85%
2023-05-23
Toroso Investments, LLC
added
154
4,558,000
7,712,000
0.13%
2023-05-22
Raleigh Capital Management Inc.
added
4.94
31,403
3,805,550
1.88%
2023-05-22
Arete Wealth Advisors, LLC
reduced
-1.25
-1,281,970,000
1,218,000
0.10%
2023-05-22
American Trust
reduced
-72.98
-849,031
297,780
0.02%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-2.13
-3,255,150
51,344,400
0.08%
2023-05-22
AMERIPRISE FINANCIAL INC
added
6.15
28,491,800
1,403,610,000
0.46%

1–10 of 47

Latest Funds Activity

Are funds buying PM calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PM
No. of Funds

Philip Morris International News

Nasdaq
Validea's Top 5 Consumer Staples Stocks Based On David Dreman ....
Nasdaq,
21 hours ago
The Motley Fool
Yahoo Finance

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

PM Fair Value

Recent SEC filings of Philip Morris International

View All Filings
Date Filed Form Type Document
May 23, 2023
8-K
Current Report
May 10, 2023
25-NSE
25-NSE
May 09, 2023
8-K
Current Report
May 05, 2023
4
Insider Trading
May 05, 2023
4
Insider Trading
May 05, 2023
4
Insider Trading
May 05, 2023
4
Insider Trading
May 05, 2023
4
Insider Trading
May 05, 2023
4
Insider Trading
May 05, 2023
4
Insider Trading

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

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.

PM Income Statement

2023-03-31
Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]  
Revenues including excise taxes (includes $1,845 in 2023 and $1,629 in 2022 from related parties)$ 19,318$ 19,341
Excise taxes on products11,29911,595
Net revenues (includes $873 in 2023 and $678 in 2022 from related parties) (Note 14)8,0197,746
Cost of sales (Note 3)3,0382,608
Gross profit4,9815,138
Marketing, administration and research costs (Notes 3 & 17)2,2501,840
Operating income2,7313,298
Interest expense, net230154
Pension and other employee benefit costs (Note 5)224
Earnings before income taxes2,4793,140
Provision for income taxes428619
Equity investments and securities (income)/loss, net(51)56
Net earnings2,1022,465
Net earnings attributable to noncontrolling interests107134
Net earnings attributable to PMI$ 1,995$ 2,331
Per share data (Note 8):  
Basic earnings per share (in dollars per share)$ 1.28$ 1.50
Diluted earnings per share (in dollars per share)$ 1.28$ 1.50

PM Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
ASSETS  
Cash and cash equivalents$ 2,428$ 3,207
Trade receivables (less allowances of $52 in 2023 and $42 in 2022) (1)[1]3,6423,850
Other receivables (less allowances of $33 in 2023 and $32 in 2022)957906
Inventories:  
Leaf tobacco1,8481,674
Other raw materials2,2762,028
Finished product6,5886,184
Total inventory, net10,7129,886
Other current assets1,8321,770
Total current assets19,57119,619
Property, plant and equipment, at cost15,77715,443
Less: accumulated depreciation8,9898,733
Total property, plant and equipment, net6,7886,710
Goodwill (Note 6)19,86619,655
Other intangible assets, net (Note 6)6,7326,732
Equity investments (Note 14)4,5044,431
Deferred income taxes585603
Other assets (less allowances of $20 in 2023 and $20 in 2022) (Note 2)4,0143,931
TOTAL ASSETS62,06061,681
LIABILITIES  
Short-term borrowings (Note 12)4,8035,637
Current portion of long-term debt (Note 12)1,9022,611
Accounts payable3,9454,076
Accrued liabilities:  
Marketing and selling662695
Taxes, except income taxes5,1337,440
Employment costs9391,168
Dividends payable1,9911,990
Other2,6752,679
Income taxes9351,040
Total current liabilities22,98527,336
Long-term debt (Note 12)40,41634,875
Deferred income taxes1,8221,956
Employment costs1,9771,984
Income taxes and other liabilities1,9131,841
Total liabilities69,11367,992
Contingencies (Note 10)
STOCKHOLDERS’ (DEFICIT) EQUITY  
Common stock, no par value (2,109,316,331 shares issued in 2023 and 2022)00
Additional paid-in capital2,1882,230
Earnings reinvested in the business34,30334,289
Accumulated other comprehensive losses (Note 13)(9,614)(9,559)
Total stockholders' equity before treasury stock26,87726,960
Less: cost of repurchased stock (557,164,352 and 559,098,620 shares in 2023 and 2022, respectively)35,80135,917
Total PMI stockholders’ deficit(8,924)(8,957)
Noncontrolling interests1,8712,646
Total stockholders’ deficit(7,053)(6,311)
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY$ 62,060$ 61,681
[1] Includes trade receivables from related parties of $708 million and $688 million as of March 31, 2023, and December 31, 2022, respectively (less allowances of $17 million as of March 31, 2023 and $7 million as of December 31, 2022). For further details, see Note 14. Related Parties - Equity Investments and Other.