About Philip Morris International Inc.
Philip Morris International Inc. (PM) has been publicly traded since 2008, making it a 18-year-old public company. It operates in the Tobacco industry within the Consumer Defensive sector. The company is headquartered in Stamford, United States and employs approximately 84,900 people. With a market capitalization of $272 billion, PM is one of the largest publicly traded companies.
Key Statistics
- Current Price
- $175.65
- Market Cap
- $273.42B
- 52-Week High
- $191.30
- 52-Week Low
- $142.11
- Sector
- Consumer Defensive
- Industry
- Tobacco
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +9.50% | $160.40 | $175.65 |
| 2025 | +37.99% | $116.24 | $160.40 |
| 2024 | +34.34% | $86.53 | $116.24 |
| 2023 | -1.85% | $88.17 | $86.53 |
| 2022 | +12.31% | $78.50 | $88.17 |
| 2021 | +20.78% | $65.00 | $78.50 |
| 2020 | +3.69% | $62.69 | $65.00 |
| 2019 | +35.02% | $46.43 | $62.69 |
| 2018 | -33.30% | $69.60 | $46.43 |
| 2017 | +19.85% | $58.07 | $69.60 |
| 2016 | +8.56% | $53.49 | $58.07 |
| 2015 | +13.38% | $47.18 | $53.49 |
| 2014 | -2.12% | $48.20 | $47.18 |
| 2013 | +8.50% | $44.43 | $48.20 |
| 2012 | +9.66% | $40.51 | $44.43 |
| 2011 | +39.78% | $28.98 | $40.51 |
| 2010 | +27.16% | $22.79 | $28.98 |
| 2009 | +16.51% | $19.56 | $22.79 |
Valuation
PM currently trades at a trailing P/E ratio of 24.0, which is considered moderate relative to the broader market. The forward P/E of 19.0 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at -27.2. The price-to-sales ratio is 6.7.
Dividends
Philip Morris International Inc. pays a dividend to shareholders with a current yield of 3.37%. This translates to $5.88 per share annually. The payout ratio of 78% indicates moderate dividend coverage.
Risk & Volatility
PM has a beta of 0.40, indicating it is less volatile than the overall market. The stock's 52-week range is $142.11 to $191.30, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 16 analyst opinions, PM has a consensus "buy" rating. The average price target of $194.84 suggests 11.6% upside from current levels.
Frequently Asked Questions
What does Philip Morris International Inc. do? ▼
Philip Morris International Inc. is a Tobacco company operating in the Consumer Defensive sector. The company is headquartered in Stamford, United States.
What sector is PM in? ▼
PM operates in the Consumer Defensive sector, specifically in the Tobacco industry.
When did PM go public? ▼
Philip Morris International Inc. went public in 2008, making it a 18-year-old public company as of 2026.
How much would $1,000 invested in PM 5 years ago be worth today? ▼
A $1,000 investment in PM five years ago would be worth approximately $2,569 today, representing a 156.9% return.
Does PM pay dividends? ▼
Yes, Philip Morris International Inc. pays a dividend with a current yield of 3.37%, which is $5.88 per share annually.
What is PM's market cap? ▼
Philip Morris International Inc. has a market capitalization of $272 billion, classifying it as a mega-cap company.
What is PM's P/E ratio? ▼
PM has a trailing P/E ratio of 24.0 and a forward P/E of 19.0, which measures how much investors are paying per dollar of earnings.
Is PM a buy, hold, or sell? ▼
Based on 16 opinions, PM has a consensus "buy" rating. The average price target is $194.84.
Last updated: 3/14/2026