PM
Philip Morris InternationalPrevious close
208.79
Change
+0.29 / +0.14%
P/E (TTM) ?
30.4
Market Cap
$326B
1M
+9.42%
S&P 500 −0.91% over same period
Volume / Avg Volume
4.6M / 4.5M
1.03× average
Latest earnings analysisFY2026 Q3Reported 2026-10-21
Philip Morris Q3 FY2026: record revenue, adjusted EPS up 5.4% to $2.36
Philip Morris neither beat nor missed: adjusted EPS of $2.36 landed on the $2.36 consensus, and revenue of $11.44 billion rose 5.5%. The story is margin and mix — 68.7% gross margin and record operating income — plus a fourth quarter that now has to deliver roughly $1.77 to $1.92 of adjusted EPS. Read this scorecard on the adjusted numbers; the GAAP line is noise from investment revaluations.
Read the full analysis →Revenue$11.44BYoY +5.50%
EPS (non-GAAP)$2.36In lineest. $2.36
Next-day move+2.17%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q3 Quarter ended 2026-09 | 2026-10-21 | $11.4B | Read analysis → |
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-22 | $11.2B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-22 | $10.1B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-06 | $40.6B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-21 | $10.8B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-22 | $10.1B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-23 | $9.3B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 76 of its 5-year rangeExpensive
5-year range 17.9 – 37.1 · Median 25.1
Last 4 quarters: $0 in buybacks + $9.2B in dividends, 2.82% of market cap combined
P/E (TTM)
30.4
P/B
—
P/S
7.5
Dividend Yield
5.51%
Earnings Reaction
Over the last 7 reports, the stock moved ±1.8% on average on the first trading day after, rising 4 times
Most recent +2.17%
Volatility & Correlation
1-year beta -0.17 · Correlation with S&P 500 -0.08Low beta
Annualized volatility 28% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 11.44 | +5.5% | 68.7% | 3.31 | 2.12 |
| FY2026 Q2 | 11.19 | +10.4% | 68.4% | 2.82 | 1.80 |
| FY2026 Q1 | 10.15 | +9.1% | 68.1% | 2.44 | 1.56 |
| FY2025 Q4 | 10.36 | +6.8% | 65.5% | 2.14 | 1.36 |
| FY2025 Q3 | 10.85 | +9.4% | 67.9% | 3.48 | 2.23 |
| FY2025 Q2 | 10.14 | +7.1% | 67.7% | 3.04 | 1.95 |
| FY2025 Q1 | 9.30 | +5.8% | 67.4% | 2.69 | 1.72 |
| FY2024 Q4 | 9.71 | +7.3% | 64.7% | -0.58 | -0.37 |
| FY2024 Q3 | 9.91 | +8.4% | 66.0% | 3.08 | 1.97 |
| FY2024 Q2 | 9.47 | +5.6% | 64.7% | 2.41 | 1.54 |
| FY2024 Q1 | 8.79 | +9.7% | 63.7% | 2.15 | 1.38 |
| FY2023 Q4 | 9.05 | +11.0% | 61.7% | 2.20 | 1.41 |