PHILIP MORRIS INTERNATIONAL (PM) Stock Fundamental Analysis

NYSE:PM • US7181721090

188.95 USD
+2.68 (+1.44%)
At close: Feb 12, 2026
188.95 USD
0 (0%)
After Hours: 2/12/2026, 8:10:28 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall PM gets a fundamental rating of 4 out of 10. We evaluated PM against 8 industry peers in the Tobacco industry. While PM belongs to the best of the industry regarding profitability, there are concerns on its financial health. PM is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • PM had positive earnings in the past year.
  • In the past year PM had a positive cash flow from operations.
  • PM had positive earnings in 4 of the past 5 years.
  • PM had a positive operating cash flow in 4 of the past 5 years.
PM Yearly Net Income VS EBIT VS OCF VS FCFPM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

1.2 Ratios

  • PM has a Return On Assets of 12.83%. This is amongst the best in the industry. PM outperforms 87.50% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 28.03%, PM belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
  • PM had an Average Return On Invested Capital over the past 3 years of 25.07%. This is significantly above the industry average of 14.41%.
  • The 3 year average ROIC (25.07%) for PM is below the current ROIC(28.03%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 12.83%
ROE N/A
ROIC 28.03%
ROA(3y)12.65%
ROA(5y)15.58%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.07%
ROIC(5y)31.2%
PM Yearly ROA, ROE, ROICPM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • The Profit Margin of PM (21.51%) is better than 87.50% of its industry peers.
  • In the last couple of years the Profit Margin of PM has declined.
  • PM has a better Operating Margin (38.71%) than 87.50% of its industry peers.
  • In the last couple of years the Operating Margin of PM has remained more or less at the same level.
  • PM has a Gross Margin of 66.93%. This is amongst the best in the industry. PM outperforms 87.50% of its industry peers.
  • In the last couple of years the Gross Margin of PM has remained more or less at the same level.
Industry RankSector Rank
OM 38.71%
PM (TTM) 21.51%
GM 66.93%
OM growth 3Y-4.61%
OM growth 5Y-0.93%
PM growth 3Y-13.73%
PM growth 5Y-5.04%
GM growth 3Y-1.62%
GM growth 5Y0.03%
PM Yearly Profit, Operating, Gross MarginsPM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so PM is creating value.
  • There is no outstanding debt for PM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
PM Yearly Shares OutstandingPM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
PM Yearly Total Debt VS Total AssetsPM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

  • PM has a debt to FCF ratio of 4.95. This is a neutral value as PM would need 4.95 years to pay back of all of its debts.
  • PM's Debt to FCF ratio of 4.95 is fine compared to the rest of the industry. PM outperforms 62.50% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.95
Altman-Z N/A
ROIC/WACC3.23
WACC8.67%
PM Yearly LT Debt VS Equity VS FCFPM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B -10B 20B 30B 40B

2.3 Liquidity

  • PM has a Current Ratio of 0.85. This is a bad value and indicates that PM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • PM's Current ratio of 0.85 is on the low side compared to the rest of the industry. PM is outperformed by 75.00% of its industry peers.
  • A Quick Ratio of 0.85 indicates that PM may have some problems paying its short term obligations.
  • PM has a worse Quick ratio (0.85) than 62.50% of its industry peers.
Industry RankSector Rank
Current Ratio 0.85
Quick Ratio 0.85
PM Yearly Current Assets VS Current LiabilitesPM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 14.96% over the past year.
  • PM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.77% yearly.
EPS 1Y (TTM)14.96%
EPS 3Y8.11%
EPS 5Y7.77%
EPS Q2Q%9.03%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.76%

3.2 Future

  • Based on estimates for the next years, PM will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.25% on average per year.
  • Based on estimates for the next years, PM will show a small growth in Revenue. The Revenue will grow by 6.81% on average per year.
EPS Next Y13.99%
EPS Next 2Y11.47%
EPS Next 3Y11.03%
EPS Next 5Y10.25%
Revenue Next Year7.6%
Revenue Next 2Y7.1%
Revenue Next 3Y7.02%
Revenue Next 5Y6.81%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
PM Yearly Revenue VS EstimatesPM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B 50B
PM Yearly EPS VS EstimatesPM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • PM is valuated quite expensively with a Price/Earnings ratio of 25.09.
  • PM's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of PM to the average of the S&P500 Index (27.67), we can say PM is valued inline with the index average.
  • PM is valuated rather expensively with a Price/Forward Earnings ratio of 22.01.
  • PM's Price/Forward Earnings is on the same level as the industry average.
  • PM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.69.
Industry RankSector Rank
PE 25.09
Fwd PE 22.01
PM Price Earnings VS Forward Price EarningsPM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, PM is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
  • PM's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 29.06
EV/EBITDA 19.17
PM Per share dataPM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 -20

4.3 Compensation for Growth

  • PM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • PM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.79
PEG (5Y)3.23
EPS Next 2Y11.47%
EPS Next 3Y11.03%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.22%, PM has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 3.25, PM has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, PM pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.22%

5.2 History

  • The dividend of PM has a limited annual growth rate of 2.76%.
  • PM has been paying a dividend for at least 10 years, so it has a reliable track record.
  • PM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.76%
Div Incr Years16
Div Non Decr Years16
PM Yearly Dividends per sharePM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3 4 5

5.3 Sustainability

  • 98.07% of the earnings are spent on dividend by PM. This is not a sustainable payout ratio.
  • PM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP98.07%
EPS Next 2Y11.47%
EPS Next 3Y11.03%
PM Yearly Income VS Free CF VS DividendPM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B
PM Dividend Payout.PM Dividend Payout, showing the Payout Ratio.PM Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

PHILIP MORRIS INTERNATIONAL

NYSE:PM (2/12/2026, 8:10:28 PM)

After market: 188.95 0 (0%)

188.95

+2.68 (+1.44%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)02-06
Earnings (Next)04-22
Inst Owners82.83%
Inst Owner Change-0.71%
Ins Owners0.14%
Ins Owner Change0%
Market Cap294.13B
Revenue(TTM)N/A
Net Income(TTM)8.60B
Analysts80
Price Target180.52 (-4.46%)
Short Float %1.25%
Short Ratio3.4
Dividend
Industry RankSector Rank
Dividend Yield 3.22%
Yearly Dividend5.28
Dividend Growth(5Y)2.76%
DP98.07%
Div Incr Years16
Div Non Decr Years16
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.82%
Min EPS beat(2)-0.19%
Max EPS beat(2)3.83%
EPS beat(4)3
Avg EPS beat(4)1.45%
Min EPS beat(4)-0.19%
Max EPS beat(4)3.83%
EPS beat(8)5
Avg EPS beat(8)0.05%
EPS beat(12)8
Avg EPS beat(12)1.26%
EPS beat(16)11
Avg EPS beat(16)2.42%
Revenue beat(2)0
Avg Revenue beat(2)-3.09%
Min Revenue beat(2)-4.73%
Max Revenue beat(2)-1.46%
Revenue beat(4)0
Avg Revenue beat(4)-1.84%
Min Revenue beat(4)-4.73%
Max Revenue beat(4)-0.13%
Revenue beat(8)2
Avg Revenue beat(8)-1.2%
Revenue beat(12)4
Avg Revenue beat(12)-0.9%
Revenue beat(16)8
Avg Revenue beat(16)0.7%
PT rev (1m)-2.28%
PT rev (3m)-3.63%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)-0.6%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-0.24%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.5%
Valuation
Industry RankSector Rank
PE 25.09
Fwd PE 22.01
P/S 7.35
P/FCF 29.06
P/OCF 25.52
P/B N/A
P/tB N/A
EV/EBITDA 19.17
EPS(TTM)7.53
EY3.99%
EPS(NY)8.58
Fwd EY4.54%
FCF(TTM)6.5
FCFY3.44%
OCF(TTM)7.4
OCFY3.92%
SpS25.69
BVpS-7.01
TBVpS-25.21
PEG (NY)1.79
PEG (5Y)3.23
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 12.83%
ROE N/A
ROCE 38.37%
ROIC 28.03%
ROICexc 30.99%
ROICexgc 120.05%
OM 38.71%
PM (TTM) 21.51%
GM 66.93%
FCFM 25.31%
ROA(3y)12.65%
ROA(5y)15.58%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.07%
ROIC(5y)31.2%
ROICexc(3y)27.51%
ROICexc(5y)37.8%
ROICexgc(3y)111.48%
ROICexgc(5y)109.03%
ROCE(3y)35.09%
ROCE(5y)42.41%
ROICexgc growth 3Y8.03%
ROICexgc growth 5Y11.03%
ROICexc growth 3Y-18.85%
ROICexc growth 5Y-9.39%
OM growth 3Y-4.61%
OM growth 5Y-0.93%
PM growth 3Y-13.73%
PM growth 5Y-5.04%
GM growth 3Y-1.62%
GM growth 5Y0.03%
F-Score6
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.95
Debt/EBITDA 2.51
Cap/Depr 71.88%
Cap/Sales 3.51%
Interest Coverage 250
Cash Conversion 66.12%
Profit Quality 117.7%
Current Ratio 0.85
Quick Ratio 0.85
Altman-Z N/A
F-Score6
WACC8.67%
ROIC/WACC3.23
Cap/Depr(3y)88.63%
Cap/Depr(5y)80.44%
Cap/Sales(3y)3.65%
Cap/Sales(5y)3.09%
Profit Quality(3y)120.71%
Profit Quality(5y)120.05%
High Growth Momentum
Growth
EPS 1Y (TTM)14.96%
EPS 3Y8.11%
EPS 5Y7.77%
EPS Q2Q%9.03%
EPS Next Y13.99%
EPS Next 2Y11.47%
EPS Next 3Y11.03%
EPS Next 5Y10.25%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.76%
Revenue Next Year7.6%
Revenue Next 2Y7.1%
Revenue Next 3Y7.02%
Revenue Next 5Y6.81%
EBIT growth 1Y11.17%
EBIT growth 3Y1.54%
EBIT growth 5Y3.93%
EBIT Next Year23.19%
EBIT Next 3Y12.84%
EBIT Next 5Y11.52%
FCF growth 1Y32.53%
FCF growth 3Y-1.34%
FCF growth 5Y3.12%
OCF growth 1Y28.14%
OCF growth 3Y0.69%
OCF growth 5Y3.9%

PHILIP MORRIS INTERNATIONAL / PM FAQ

What is the fundamental rating for PM stock?

ChartMill assigns a fundamental rating of 4 / 10 to PM.


Can you provide the valuation status for PHILIP MORRIS INTERNATIONAL?

ChartMill assigns a valuation rating of 3 / 10 to PHILIP MORRIS INTERNATIONAL (PM). This can be considered as Overvalued.


What is the profitability of PM stock?

PHILIP MORRIS INTERNATIONAL (PM) has a profitability rating of 7 / 10.


Can you provide the financial health for PM stock?

The financial health rating of PHILIP MORRIS INTERNATIONAL (PM) is 2 / 10.


How sustainable is the dividend of PHILIP MORRIS INTERNATIONAL (PM) stock?

The dividend rating of PHILIP MORRIS INTERNATIONAL (PM) is 6 / 10 and the dividend payout ratio is 98.07%.