philip morris international inc. - PM

PM

Close Chg Chg %
129.55 0.84 0.65%

Pre-Market

130.39

+0.84 (0.65%)

Volume: 4.17M

Last Updated:

Nov 20, 2024, 3:59 PM EDT

Company Overview: philip morris international inc. - PM

PM Key Data

Open

$129.78

Day Range

128.84 - 131.24

52 Week Range

87.82 - 134.11

Market Cap

$201.41B

Shares Outstanding

1.55B

Public Float

1.55B

Beta

0.56

Rev. Per Employee

N/A

P/E Ratio

20.55

EPS

$6.31

Yield

405.28%

Dividend

$1.35

EX-DIVIDEND DATE

Sep 26, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

6.17M

 

PM Performance

1 Week
 
1.40%
 
1 Month
 
0.41%
 
3 Months
 
8.52%
 
1 Year
 
38.21%
 
5 Years
 
58.28%
 

PM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 16
Full Ratings ➔

About philip morris international inc. - PM

Philip Morris International, Inc. is a holding company, which engages in the business of delivering a smoke-free future and evolving a portfolio for the long term to include products outside of the tobacco and nicotine sector. It operates through the following geographical segments: Europe Region (Europe), South and Southeast Asia, Commonwealth of Independent States, Middle East, and Africa Region (SSEA, CIS, and MEA), East Asia, Australia, and PMI Duty Free Region (EA, AU, and PMI DF), and Americas Region (Americas). The Europe segment includes all the European Union countries, Switzerland, the United Kingdom, Ukraine, Moldova, and Southeast Europe. The SSEA, CIS, and MEA segment focuses on South and Southeast Asia, the African continent, the Middle East, Turkey, Israel, Central Asia, Caucasus, and Russia. The EA, AU, and PMI DF segment is involved in the consolidation of international duty-free business with East Asia and Australia. The Americas segment is comprised of the United States, Canada, and Latin America. The company was founded by Philip Morris in 1847 and is headquartered in Stamford, CT.

PM At a Glance

Philip Morris International, Inc.
677 Washington Boulevard
Stamford, Connecticut 06901
Phone 1-203-905-2410 Revenue 35.06B
Industry Tobacco Net Income 7.79B
Sector Consumer Non-Durables 2023 Sales Growth 11.199%
Fiscal Year-end 12 / 2024 Employees 82,700
View SEC Filings

PM Valuation

P/E Current 20.549
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 18.753
Price to Sales Ratio 4.167
Price to Book Ratio N/A
Price to Cash Flow Ratio 15.874
Enterprise Value to EBITDA 12.409
Enterprise Value to Sales 5.508
Total Debt to Enterprise Value 0.25

PM Efficiency

Revenue/Employee 423,941.959
Income Per Employee 94,207.981
Receivables Turnover 7.985
Total Asset Turnover 0.552

PM Liquidity

Current Ratio 0.749
Quick Ratio 0.34
Cash Ratio 0.119

PM Profitability

Gross Margin 62.068
Operating Margin 40.399
Pretax Margin 29.806
Net Margin 22.222
Return on Assets 12.271
Return on Equity N/A
Return on Total Capital 20.977
Return on Invested Capital 27.42

PM Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital 130.223
Total Debt to Total Assets 74.061
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital 112.275
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Philip Morris International Inc. - PM

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
28.70B 31.35B 31.53B 35.06B
Sales Growth
-3.65% +9.23% +0.58% +11.20%
Cost of Goods Sold (COGS) incl D&A
9.65B 10.13B 11.40B 13.30B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
981.00M 998.00M 1.19B 1.40B
Depreciation
908.00M 902.00M 1.03B 901.00M
Amortization of Intangibles
73.00M 96.00M 159.00M 497.00M
COGS Growth
-8.80% +4.94% +12.60% +16.64%
Gross Income
19.05B 21.22B 20.13B 21.76B
Gross Income Growth
-0.81% +11.40% -5.15% +8.12%
Gross Profit Margin
+66.38% +67.70% +63.84% +62.07%
2020 2021 2022 2023 5-year trend
SG&A Expense
6.98B 8.25B 7.78B 7.60B
Research & Development
495.00M 617.00M 642.00M 709.00M
Other SG&A
6.49B 7.63B 7.13B 6.89B
SGA Growth
-4.54% +18.10% -5.72% -2.30%
Other Operating Expense
- - - -
-
Unusual Expense
252.00M (205.00M) (41.00M) 1.97B
EBIT after Unusual Expense
11.81B 13.18B 12.39B 12.20B
Non Operating Income/Expense
123.00M (9.00M) 213.00M 321.00M
Non-Operating Interest Income
110.00M 109.00M 180.00M 465.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
982.00M 936.00M 971.00M 2.07B
Interest Expense Growth
-11.69% -4.68% +3.74% +112.77%
Gross Interest Expense
982.00M 936.00M 971.00M 2.07B
Interest Capitalized
- - - -
-
Pretax Income
10.95B 12.23B 11.63B 10.45B
Pretax Income Growth
+10.95% +11.68% -4.89% -10.18%
Pretax Margin
+38.17% +39.02% +36.90% +29.81%
Income Tax
2.38B 2.67B 2.24B 2.34B
Income Tax - Current - Domestic
(80.00M) 73.00M (75.00M) 201.00M
Income Tax - Current - Foreign
2.60B 2.62B 2.55B 2.47B
Income Tax - Deferred - Domestic
53.00M 27.00M (139.00M) (368.00M)
Income Tax - Deferred - Foreign
(196.00M) (45.00M) (95.00M) 38.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
(20.00M) (26.00M) (24.00M) (22.00M)
Consolidated Net Income
8.57B 9.68B 9.50B 8.25B
Minority Interest Expense
536.00M 601.00M 479.00M 455.00M
Net Income
8.04B 9.08B 9.02B 7.79B
Net Income Growth
+12.11% +13.03% -0.65% -13.66%
Net Margin Growth
+28.00% +28.98% +28.62% +22.22%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
8.04B 9.08B 9.02B 7.79B
Preferred Dividends
- - - -
-
Net Income Available to Common
8.04B 9.08B 9.02B 7.79B
EPS (Basic)
5.1612 5.8299 5.8219 5.02
EPS (Basic) Growth
+11.97% +12.96% -0.14% -13.77%
Basic Shares Outstanding
1.56B 1.56B 1.55B 1.55B
EPS (Diluted)
5.1579 5.8262 5.8144 5.0167
EPS (Diluted) Growth
+11.97% +12.96% -0.20% -13.72%
Diluted Shares Outstanding
1.56B 1.56B 1.55B 1.55B
EBITDA
13.04B 13.97B 13.54B 15.56B
EBITDA Growth
+1.51% +7.09% -3.08% +14.93%
EBITDA Margin
+45.46% +44.57% +42.94% +44.39%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 136.00
Number of Ratings 16 Current Quarters Estimate 1.501
FY Report Date 12 / 2024 Current Year's Estimate 6.481
Last Quarter’s Earnings 1.91 Median PE on CY Estimate N/A
Year Ago Earnings 6.01 Next Fiscal Year Estimate 7.12
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 7 12 12
Mean Estimate 1.50 1.65 6.48 7.12
High Estimates 1.57 1.73 6.58 7.53
Low Estimate 1.42 1.60 6.26 6.62
Coefficient of Variance 3.19 2.93 1.27 3.30

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 9
OVERWEIGHT 3 3 2
HOLD 4 4 5
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Philip Morris International Inc. - PM

Date Name Shares Transaction Value
May 13, 2024 André Calantzopoulos Director 1,064,621 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 104,162,518.64
May 13, 2024 Juan José Daboub Director 7,812 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 764,326.08
May 13, 2024 Werner Geissler Director 89,982 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 8,803,838.88
May 13, 2024 Shlomo Yanai Director 7,501 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 733,897.84
May 13, 2024 Kalpana Jaisingh Morparia Director 26,115 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 2,555,091.60
May 13, 2024 Robert B. Polet Director 27,644 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 2,704,688.96
May 13, 2024 Michel Combes Director 8,849 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 865,786.16
May 13, 2024 Victoria Dux Harker Director 2,416 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 236,381.44
May 13, 2024 Dessislava Temperley Director 6,462 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 632,242.08
May 13, 2024 Brant Bonin Bough Director 8,451 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 826,845.84
May 13, 2024 André Calantzopoulos Director 1,061,679 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $97.53 per share 103,545,552.87
May 13, 2024 André Calantzopoulos Director 1,063,269 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $97.89 per share 104,083,402.41
May 13, 2024 Lisa A. Hook Director 16,556 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $97.84 per share 1,619,839.04
Apr 29, 2024 Frederic de Wilde Pr SSEA CIS & MEA Region 178,447 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $96.42 per share 17,205,859.74
Mar 12, 2024 Reginaldo Dobrowolski Vice President and Controller 9,726 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $90.69 per share 882,050.94
Mar 11, 2024 Werner Barth Pr.Combusibles&GlobalComb.Mktg 102,918 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $91.46 per share 9,412,880.28
Feb 26, 2024 Lars Dahlgren Pres. Smoke-Free Oral Products 28,779 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $90.57 per share 2,606,514.03
Feb 26, 2024 Stacey Kennedy Pres. Americas Region 36,270 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $89.97 per share 3,263,211.90
Feb 26, 2024 Stefano Volpetti Pr.SmokeFree&ChiefCons.Officer 101,780 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $89.97 per share 9,157,146.60
Feb 26, 2024 Yann Guerin SVP & General Counsel 23,708 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $90.03 per share 2,134,431.24

Philip Morris International Inc. in the News