Philip Morris International
PM stock analysis · Consumer Staples · Tobacco
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-04-17. Approximate; share and price dates can differ.
View share-count filing ↗DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-04-17 · -42.6% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
26 sector peers · median 23.7×
How this is calculated ↗Historical multiples
7 annual observations · snapshot P/E 24.9× · 35.4% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy
How this is calculated ↗Value composite
Requires three valuation yields and at least five covered sector peers.
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Requires reported dividends, repurchases and issuance; missing values are not zero.
How this is calculated ↗Accrual quality
Annual basis · read assumptions below
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $130.35 | $142.22 | $154.99 |
| 10.0% | $95.52 | $103.92 | $112.95 |
| 12.0% | $75.36 | $81.77 | $88.65 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 40.6B | 11.8B | 12.2B | 1.6B | 69.2B |
| 2024-12-31 | 37.9B | 7.5B | 12.2B | 1.4B | 61.8B |
| 2023-12-31 | 35.2B | 8.3B | 9.2B | 1.3B | 65.3B |
| 2022-12-31 | 31.8B | 9.5B | 10.8B | 1.1B | 61.7B |
| 2021-12-31 | 31.4B | 9.7B | 12B | 748M | 41.3B |
| 2020-12-31 | 28.7B | 8.6B | 9.8B | 602M | 44.8B |
| 2019-12-31 | 29.8B | 7.7B | 10.1B | 852M | 42.9B |
| 2018-12-31 | 29.6B | 8.3B | 9.5B | 1.4B | 39.8B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 40.6B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-02-06 |
| netIncome | 11.8B | ProfitLoss Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-06 |
| Parent/common earnings proxy | 11.3B | NetIncomeLossAvailableToCommonStockholdersBasic | 2026-02-06 |
| cfo | 12.2B | NetCashProvidedByUsedInOperatingActivities | 2026-02-06 |
| capex | 1.6B | PaymentsToAcquirePropertyPlantAndEquipment | 2026-02-06 |
| operatingIncome | 14.9B | OperatingIncomeLoss | 2026-02-06 |
| assets | 69.2B | Assets | 2026-02-06 |
| equity | -8B | StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-06 |
| Parent book equity proxy | -10B | StockholdersEquity | 2026-02-06 |
| debt | 48.7B | LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities | 2026-02-06 |
| shortDebt | 168M | ShortTermBorrowings | 2026-02-06 |
| cash | 4.9B | CashAndCashEquivalentsAtCarryingValue | 2026-02-06 |
| shares | 1.6B | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-02-06 |
| dividends | 8.6B | PaymentsOfDividends | 2026-02-06 |
| buybacks | — | Not reported under a supported tag | — |
| issuance | — | Not reported under a supported tag | — |