Philip Morris International Inc PM

What the company does

Philip Morris International Inc is a mega-cap company in the Consumer Defensive sector (Tobacco), with a market value of $310.9B, based in the USA.

It employs about 84,900 people and has been listed since Mar 17, 2008.

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches.

Cheap or expensive? priced in line with its group

Its price-to-earnings (P/E) is 29.1 versus 27.8 for the median of the Consumer Defensive sector in our universe (14 companies) — priced in line with its group.

Revenue is growing 6% versus the same quarter last year.

On analysts' next-year forecasts the multiple drops to 18.8 — they expect higher earnings.

The average analyst price target is 210.47, 6% above the current price (their view, not ours).

The stock sits at 85% of its one-year range (0% = the low, 100% = the high).

The risks

• No risk flags were detected from the data we have.

Strengths

• ✅ Profitable — 29 of every 100 dollars of revenue stays as profit.
• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ Most analysts rate it buy (12 vs 0).
• ✅ Pays a dividend (0.7% a year).

What changed this week

Over the past week the stock fell 2.8% (for comparison: S&P 500 -0.4%, sector ETF XLP +0.7%).

The company published its quarterly report this week — see the plain-language summary above.

This week's news

• Consumer staples on track for best month since 1998 as sector surges seekingalpha.com · 2026-10-23
  What the article says

  [Trolley filled with groceries in wholesale store Landscape] Smile/DigitalVision via Getty Images The S&P 500 consumer staples sector is on track for its strongest monthly performance since October 1998, with the sector’s latest advance standing out against a history of sharp swings between gains and losses, according… source ↗

• How Much Do Global Conflicts Change Philip Morris International (PM) Earnings Outlook? finance.yahoo.com · 2026-10-22
  What the article says

  Philip Morris International (NYSE:PM) has warned that ongoing global conflicts are disrupting parts of its business operations. Management said these geopolitical events are clouding its earnings outlook and adding uncertainty to future financial performance. The company highlighted that evolving conflict zones are… source ↗

• Philip Morris Reports Q3 Earnings: ETFs in Focus finance.yahoo.com · 2026-10-22
  What the article says

  Philip Morris International PM posted third-quarter 2026 results on Oct. 21, with both top and bottom lines beating the Zacks Consensus Estimate and rising year over year. PM has a Zacks Rank #3 (Hold) and a Momentum Score of A. Philip Morris has gained about 23% year to date and approximately 13% since the start of… source ↗

• PM Q3 Earnings Call Highlights ZYN Spending and Margin Pressures finance.yahoo.com · 2026-10-22
  What the article says

  Philip Morris International Inc. PM emphasized accelerating smoke-free demand and resilient combustible pricing during the third-quarter 2026 earnings call, while outlining significant U.S. investments and geopolitical cost pressures affecting its near-term profitability outlook. Management maintained its full-year… source ↗

• PM Q3 deep dive: smoke-free growth and U.S. investment shape outlook finance.yahoo.com · 2026-10-22
  What the article says

  PM Q3 deep dive: smoke-free growth and U.S. investment shape outlook Tobacco company Philip Morris International (NYSE:PM) beat Wall Street's revenue expectations in Q3 2026, with sales up 5.5% year on year to $11.44 billion. Its non-GAAP profit of $2.36 per share was 1.9% above analysts' consensus estimates. Is now… source ↗

• Philip Morris (PM) Passed 40% Smoke-Free Revenue, but Cigarettes Did the Growing finance.yahoo.com · 2026-10-21
  What the article says

  Philip Morris International (NYSE:PM) just reported a record quarter that looks like proof its smoke-free bet is working. Adjusted earnings per share reached $2.36, a quarterly high, and smoke-free products made up more than 40% of net revenue. But cigarettes grew faster, with sales of cigarettes and other… source ↗

What changed since last week

• Risk flag cleared: earnings report coming up.

• A new quarterly report was published (quarter ended Sep 30, 2026).