Philip Morris International Inc.

Philip Morris International Inc.

ZYNS.TO
Philip Morris International Inc.CA flagToronto Stock Exchange
26.27
CAD
-0.27
- -
40.94BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.92
1.9
1.72
1.72
1.85
1.9
1.91
1.84
2.01
2.04
2.26
2.43
2.6
2.72
Basic EPS, GAAP
0.53
0.48
0.44
0.45
0.39
0.51
0.46
0.52
0.58
0.58
0.5
0.45
0.73
0.7
Free Cash Flow per Basic Share
0.62
0.49
0.51
0.52
0.57
0.61
0.65
0.63
0.77
0.69
0.59
0.78
0.78
0.91
Dividend per Share
0.35
0.38
0.4
0.41
0.42
0.44
0.46
0.47
0.49
0.5
0.51
0.53
0.55
0.58
Book Value per Share
-4.89
-8.16
-8.55
-8.18
-7.78
-8.01
-7.44
-8.07
-6.52
-5.78
-7.23
-7.56
-6.42
-5.51
Tangible Book Value per Share
-12.49
-15.52
-15.03
-14.49
-14.28
-14.1
-12.56
-13.2
-12.65
-22.8
-24.39
-25.52
-24.5
-22.89
Basic Weighted Avg Shares
16,270
15,708
15,538
15,558
15,568
15,598
15,598
15,618
15,628
15,548
15,568
15,588
15,608
15,625
Sales/Revenue/Turnover
31,217
29,767
26,794
26,685
28,748
29,625
29,805
28,694
31,405
31,762
35,174
37,878
40,648
42,545
Operating Margin (%)
44.28
41.11
39.9
40.86
40.28
38.4
35.33
40.66
41.32
38.56
34.74
35.38
36.74
37.75
Depreciation Expense
882
889
754
743
875
989
964
981
998
1,077
1,398
1,787
1,996
2,049
Net Income, GAAP
8,576
7,493
6,873
6,967
6,035
7,911
7,185
8,056
9,109
9,048
7,813
7,057
11,348
10,874
Effective Tax Rate (%)
29.26
29.08
27.96
27.89
40.67
22.91
23.23
21.7
21.84
19.29
22.38
24.73
19.72
20.22
Profit Margin (%)
27.47
25.17
25.65
26.11
20.99
26.7
24.11
28.08
29
28.49
22.21
18.63
27.92
25.56
Working Capital
-214
372
418
1,141
5,632
2,251
1,681
1,877
-1,538
-7,717
-6,628
-2,745
-1,064
-536
LT Debt
24,023
26,929
25,250
25,851
31,334
26,975
26,656
28,168
24,783
34,875
41,243
42,166
45,134
42,366
Total Equity
-6,274
-11,203
-11,476
-10,900
-10,230
-10,739
-9,599
-10,631
-8,208
-6,311
-9,446
-9,870
-8,028
-6,657
Return on Invested Capital (%)
34.31
32.1
31.98
32.48
24.81
30.84
29.55
32.38
36.71
27.41
20.55
22.17
25.63
25.99
Return on Capital (%)
42.85
41.14
42.71
42.39
30.18
36.32
34.16
38.2
44.86
32.58
22.7
21.37
31.64
27.54
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,701
8,140
6,747
LT Borrowings
45,134
43,808
42,366
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,557
1,559
1,559
Market Capitalization
25,618
25,602
27,517

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
24,363
25,602
26,006
Cash, Cash Equivalents & STI
4,872
5,450
5,999
Accounts Receivable, Net
4,572
5,120
5,179
Inventories
11,478
11,392
11,436
Total Current Liabilities
25,427
26,222
26,542
Payables & Accruals
20,181
16,855
18,502
ST Debt
3,701
8,140
6,747
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.64%
-2.08%
-18.66%
Free Cash Flow
5.34%
6.06%
0.13%
Net Income, GAAP
7.19%
9.97%
60.8%
Sales/Revenue/Turnover
4.36%
7.27%
7.31%
Total Cash Common Dividend
3.28%
3.22%
5.21%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,793
9,468
9,911
9,706
37,878
2025
9,301
10,140
10,845
10,362
40,648
2026
10,146
11,192
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.15
0.2
-0.04
0.45
2025
0.17
0.19
0.22
0.14
0.73
2026
0.16
0.18
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.13
0.13
0.14
0.53
2025
0.14
0.13
0.13
0.15
0.55
2026
0.15
0.15
- -
- -
- -

Company Description

CEO
Jacek Olczak
Full Time Employees
84,900
Sector
Consumer Defensive
Industry
Tobacco
Address
Stamford CT United States of America
IPO Date
Oct 21, 2025
Website
pmi.com
Business
Philip Morris International Inc. is a global tobacco and nicotine company that develops, manufactures and markets cigarettes, smoke-free products and related consumer offerings under brands including Marlboro, IQOS, ZYN and VEEV; the company was founded in 1987 and is headquartered in Stamford, Connecticut, with operational headquarters in Lausanne, Switzerland. Its core business is organized around combustibles and reduced-risk products, including heated tobacco systems, nicotine pouches, e-vapor products, oral nicotine products, and consumer accessories, with sales across the United States and international markets. PMI has continued to expand its smoke-free portfolio, and in 2025 and 2026 it launched and broadened ZYN offerings, including ZYN ULTRA and additional flavors, while also advancing IQOS commercialization in the U.S., including sales of IQOS 3.0 in Austin, Texas. The company’s latest strategic changes also include a reorganization of its reporting structure into International Smoke-Free, International Combustibles and U.S. segments effective January 1, 2026, alongside a broader Value Plan 2030+ focused on accelerating smoke-free growth and adjacent wellness opportunities. PMI’s smoke-free business now represents a significant share of net revenue and is available in multiple markets worldwide, reflecting the company’s ongoing shift toward products intended to replace conventional cigarettes.