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Philip Morris International Inc. (PM)

Philip Morris International Inc. brought in $42.5B of revenue over the twelve months to June 30, 2026, up 8.9% from a year earlier. Net income was $10.9B, a net margin of 25.6%. Operating cash flow minus capital spending left $10.7B of free cash flow in fiscal 2025. At June 30, 2026 it held $6B in cash against $45.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 24, 2026.

Price
$190.48
-0.53% on the day · September 25, 2026
52-week range $142.11 to $207.76
Market cap
$296.9B
Revenue (last 12 months)
$42.5B
+8.9% year on year
Net margin
25.6%
P/E
26.2
on FY2025 diluted EPS

What Philip Morris International Inc. does

Philip Morris International manufactures and sells cigarettes, smoke-free tobacco products, and nicotine pouches. Its customers are adult consumers and tobacco retailers outside the United States. It is best known for cigarette brands such as Marlboro and heated tobacco systems such as IQOS. Its shares trade on NYSE under the ticker PM.

Revenue and profit by year

Revenue
FY18: $79.8B $79.8B FY18FY19: $77.9B $77.9B FY19FY20: $76B $76B FY20FY21: $82.2B $82.2B FY21FY22: $80.7B $80.7B FY22FY23: $35.2B $35.2B FY23FY24: $37.9B $37.9B FY24FY25: $40.6B $40.6B FY25
Net income
FY18: $7.9B $7.9B FY18FY19: $7.2B $7.2B FY19FY20: $8.1B $8.1B FY20FY21: $9.1B $9.1B FY21FY22: $9B $9B FY22FY23: $7.8B $7.8B FY23FY24: $7.1B $7.1B FY24FY25: $11.3B $11.3B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$40.6B$14.9B$11.3B$7.26$10.7B
2024$37.9B$13.4B$7.1B$4.52$10.8B
2023$35.2B$11.6B$7.8B$5.02$7.9B
2022$80.7B$12.2B$9B$5.81$9.7B
2021$82.2B$13B$9.1B$5.83$11.2B
2020$76B$11.7B$8.1B$5.16$9.2B

Latest SEC filings

What Philip Morris International Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 18, 2026
  2. September 8, 2026
  3. September 8, 2026
  4. August 24, 2026
  5. August 3, 2026
  6. July 24, 2026
    Quarterly report 10-Q · period to June 30, 2026
  7. July 22, 2026
  8. July 9, 2026
  9. June 29, 2026
  10. June 29, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 3, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about PM

What does Philip Morris International Inc. do?

Philip Morris International manufactures and sells cigarettes, smoke-free tobacco products, and nicotine pouches. Its customers are adult consumers and tobacco retailers outside the United States. It is best known for cigarette brands such as Marlboro and heated tobacco systems such as IQOS. Its shares trade on NYSE under the ticker PM.

Is Philip Morris International Inc. profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $10.9B on revenue of $42.5B, a net margin of 25.6%.

How much revenue does Philip Morris International Inc. make?

Over the twelve months to June 30, 2026 Philip Morris International Inc. reported revenue of $42.5B. That is 8.9% more than a year earlier.

When did Philip Morris International Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 24, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the investor disclosure from September 18, 2026.

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Where the numbers come from

Financial figures are the values Philip Morris International Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.