Companies / Consumer Staples
PM
Philip Morris International
Tobacco
TobaccoAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health66
Growth51
Profitability99
Cash generation88
Balance sheet29
Dilution control61
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)5.5%Revenue growth (FY)7.3%Revenue CAGR (3y)8.6%Gross margin67.1%Operating margin36.6%Net margin27.9%Free cash flow margin26.2%R&D / revenue1.9%Stock comp / revenue—Net debt / operating cash flow3.30xCurrent ratio0.96Diluted share count change0.1%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $31.4B | $31.8B | $35.2B | $37.9B | $40.6B |
| Gross profit | $21.4B | $20.4B | $22.3B | $24.5B | $27.3B |
| Operating income | $13.0B | $12.2B | $11.6B | $13.4B | $14.9B |
| Net income | $9.1B | $9.0B | $7.8B | $7.1B | $11.3B |
| Operating cash flow | $12.0B | $10.8B | $9.2B | $12.2B | $12.2B |
| Capital expenditure | $748M | $1.1B | $1.3B | $1.4B | $1.6B |
| Free cash flow | $11.2B | $9.7B | $7.9B | $10.8B | $10.7B |
| R&D | $617M | $642M | $709M | $759M | $756M |
| Buybacks | $775M | $209M | $0 | $0 | — |
| Dividends | $7.6B | $7.8B | $8.0B | $8.2B | $8.6B |
| Cash | $4.5B | $3.2B | $3.1B | $4.2B | $4.9B |
| Total debt | $25.0B | $40.5B | $43.2B | $42.3B | $45.3B |
| Equity | -$10.1B | -$9.0B | -$11.2B | -$11.8B | -$10.0B |
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