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Philip Morris International Inc.
Previous close
$127.28
Day range
$128.63 - $131.36
Year range
$87.82 - $134.15
Market cap
202.42B USD
Avg Volume
4.96M
P/E ratio
20.69
Dividend yield
4.14%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 9.91B | 8.42% |
Operating expense | 2.24B | -16.82% |
Net income | 3.08B | 50.05% |
Net profit margin | 31.10 | 38.41% |
Earnings per share | 1.91 | 14.37% |
EBITDA | 4.80B | 29.40% |
Effective tax rate | 18.61% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 4.26B | 41.13% |
Total assets | 66.89B | 6.30% |
Total liabilities | 74.60B | 5.62% |
Total equity | -7.71B | — |
Shares outstanding | 1.55B | — |
Price to book | -20.43 | — |
Return on assets | 16.22% | — |
Return on capital | 25.99% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 3.08B | 50.05% |
Cash from operations | 3.34B | -2.14% |
Cash from investing | -1.00B | 48.72% |
Cash from financing | -2.98B | -68.90% |
Net change in cash | -575.00M | -20.29% |
Free cash flow | 2.75B | 32.86% |
About
Philip Morris International Inc. is an American multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro; its other major cigarette brands include L&M and Chesterfield. Philip Morris International is often referred to as one of the companies comprising Big Tobacco.
The company originated in 1847 in London. However the present company was founded in March 2008 when it was spun off by its then American parent Altria group, of which Philip Morris International was an operating company of. PMI's legal seat is presently in Stamford, Connecticut, but it does not operate in the United States of America: Philip Morris USA, a subsidiary of PMI's former parent Altria, owns the Philip Morris brands there. PMI's operational headquarters are in Lausanne, Switzerland. It employs more than 1,500 people.
With tobacco being addictive and the single greatest cause of preventable death globally, the company is highly controversial, not least because of its history of obfuscating scientific evidence around the health effects of smoking. Wikipedia
CEO
Founded
1847
Headquarters
Website
Employees
82,700