Philip Morris International Inc. (PM)
Philip Morris International is a global tobacco giant currently pivoting its business away from traditional cigarettes toward smoke-free alternatives.
Is Philip Morris International Inc. a good stock for a UK beginner?
The honest version: Philip Morris International is a global tobacco giant currently pivoting its business away from traditional cigarettes toward smoke-free alternatives.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
The company successfully completes its transition to a smoke-free business model.
Global health policies significantly reduce the total number of tobacco users.
What does Philip Morris International Inc. do?
Philip Morris makes and sells cigarettes and newer, heated tobacco products to customers all over the world outside of the United States. Most of the income is from selling these addictive products, though heavy spending now goes toward shifting customers to electronic devices that heat tobacco rather than burning it. The pace at which these new smoke-free products can replace the declining sales of their traditional cigarette brands is what really counts.
On our factor screen it looks strongest on quality and momentum, and weakest on growth.
- ✓Pays a dividend - about 3.1% a year
- ✓Growing - revenue up about 10% over the year
- ✓Very profitable - turns about 26% of sales into profit
- Quality screens high (80/100)
- High profit margins on products
- Strong brand loyalty among existing customers
- Consistent history of paying dividends
- Strict government regulations on tobacco and vaping
- Potential for future litigation regarding health impacts
- Changing social attitudes toward smoking
What do Philip Morris International Inc.'s numbers mean?
How much money does Philip Morris International Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Philip Morris International Inc. pay a dividend?
Yes - Philip Morris International Inc. currently pays a dividend of about 3.1% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Philip Morris International Inc. report earnings, and how did recent quarters go?
Philip Morris International Inc. is next scheduled to report on about 2026-10-21 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-22 | $2.05 | $2.20 | Beat +7% |
| 2026-04-22 | $1.83 | $1.96 | Beat +7% |
| 2026-02-06 | $1.70 | $1.70 | In line |
| 2025-10-21 | $2.10 | $2.24 | Beat +7% |
| 2025-07-22 | $1.86 | $1.91 | Beat +3% |
| 2025-04-23 | $1.61 | $1.69 | Beat +5% |
Across the last 6 quarters here, Philip Morris International Inc. came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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The Kraft Heinz CompanyWhat are the scenarios for Philip Morris International Inc.?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Philip Morris International Inc.?
How many points the write-up makes each way — a balance check, not a score or verdict.
- High profit margins on products
- Strong brand loyalty among existing customers
- Consistent history of paying dividends
- Declining demand for traditional cigarettes
- High costs associated with developing new technology
- Earnings growth has recently been negative
- Strict government regulations on tobacco and vaping
- Potential for future litigation regarding health impacts
- Changing social attitudes toward smoking
The write-up's own warning lights — if these start happening, the case above changes.
- A sudden, total ban on heated tobacco products in major markets
- A rapid collapse in the profitability of the core cigarette business
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.