Is PM a good stock to buy right now?

Based on our 6-factor quantitative model, Philip Morris International Inc. (PM) receives a "Hold" rating with a composite score of 54.9/100. It is ranked #1,259 out of 4,446 stocks. Key factor scores: Quality 77/100, Value 41/100, Momentum 47/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for PM?

Philip Morris International Inc. (PM) has a "Hold" rating and 3-star score. The composite score of 54.9 ranks it #1,259 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is PM in?

Philip Morris International Inc. operates in the Consumer Staples sector (Tobacco Products industry) with a market cap of $245.20 billion. It is classified as a mega-cap stock.

Does PM pay a dividend?

Yes, PM pays a dividend with a current yield of 3.36%. The Consumer Staples sector average yield is 0.38%. For every $1,000 invested, you would receive approximately $33.60 in annual dividend income.

What is PM's P/E ratio?

PM has a trailing P/E ratio of 34.90x. The Consumer Staples sector average is 33.1x. This above-average P/E reflects growth expectations or premium valuation.

How profitable is PM?

PM's quality factor score is 77/100. Gross margin: 67.1%. ROE: -154.9% vs sector average 7.7%. High margins suggest pricing power and competitive moats.

How is PM valued compared to peers?

PM's value factor score is 41/100 (higher = cheaper). Key multiples: P/E 34.9x, EV/EBITDA 18.6x. Valuation is roughly in line with peers.

What is PM's debt level?

PM's debt-to-equity ratio is -557%. Sector average: 72%. Low leverage suggests conservative financial management.

PM has a beta of 0.12, meaning it is less volatile than the market. Stability score: 84/100.

Does PM have high short interest?

PM's short interest factor score is 23/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

PM Stock Analysis: Hold (Score 54.9/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
PM	-0.50%	+1.49%	-7.18%	+0.03%	+6.14%	-	-	-
Industry Proxy XLP	-1.29%	+0.59%	-3.91%	+6.04%	+3.81%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	-0.43%	-2.12%	-7.52%	+0.39%	-23.39%	-	-	-
Alpha vs Sector	+0.80%	+0.90%	-3.28%	-6.01%	+2.33%	-	-	-

Metric	PM	Benchmark
P/E Ratio	34.9x	+5%
EV/EBITDA	18.6x	+169%
Price / Book	-54.0x

Key Ratio	2025	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.7%	0.7%	-	0.6%	0.6%	0.7%	0.3%	0.2%	0.2%	0.2%	0.2%
Operating Margin %	0.4%	0.4%	-	0.3%	0.4%	0.4%	0.2%	0.1%	0.1%	0.1%	0.1%
EBITDA Margin %	0.4%	0.4%	-	0.3%	0.4%	0.4%	0.2%	0.1%	0.2%	0.2%	0.2%
Net Margin %	0.2%	0.3%	-	0.2%	0.3%	0.3%	0.1%	0.1%	0.1%	0.1%	0.1%
FCF Margin %	22.8%	-	-	-	-	-	12.1%	11.9%	10.1%	9.4%	9.2%
ROE %	-1.1%	-1.3%	-	-87.5%	-151.0%	-118.3%	-68.4%	-66.8%	-66.5%	-52.5%	-57.1%
ROA %	0.1%	0.2%	-	0.1%	0.2%	0.2%	0.2%	0.2%	0.2%	0.1%	0.2%
ROIC %	0.3%	0.4%	35.6%	-	-	-	78.9%	66.0%	70.7%	65.8%	70.4%

Key Ratio

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.7%

0.6%

0.7%

0.3%

0.2%

Operating Margin %

0.4%

0.3%

0.4%

0.2%

0.1%

EBITDA Margin %

0.4%

0.3%

0.4%

0.2%

0.1%

0.2%

Net Margin %

0.2%

0.3%

0.2%

0.3%

0.1%

FCF Margin %

22.8%

12.1%

11.9%

10.1%

9.4%

9.2%

ROE %

-1.1%

-1.3%

-87.5%

-151.0%

-118.3%

-68.4%

-66.8%

-66.5%

-52.5%

-57.1%

ROA %

0.1%

0.2%

0.1%

0.2%

0.1%

0.2%

ROIC %

0.3%

0.4%

35.6%

78.9%

66.0%

70.7%

65.8%

70.4%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$40.0B	$40.6B	—	$35.2B	$31.8B	$31.4B	$76.0B	$77.9B	$79.8B	$78.1B	$75.0B	$73.9B
	—	$13.4B	—	$12.9B	$11.4B	$10.0B	—	—	—	—	—	—
	—	$27.3B	$24.5B	$22.3B	$20.4B	$21.4B	$19.1B	$19.3B	$18.9B	$18.3B	$17.3B	$17.4B
Gross Margin	66.9%	67.1%	---	63.3%	64.1%	68.1%	25.1%	24.8%	23.6%	23.4%	23.1%	23.6%
	—	$756M	—	$709M	$642M	$617M	—	—	—	—	—	—
Depreciation	$2.0B	—	—	—	—	$998M	$981M	$964M	$989M	$875M	$743M	$754M
Total Operating Expenses	—	$12.4B	—	$10.7B	$8.1B	$8.4B	—	—	—	—	—	—
	—	$14.9B	$13.4B	$11.6B	$12.2B	$13.0B	$11.7B	$10.5B	$11.4B	$11.5B	$10.8B	$10.6B
EBIT	$12.4B	$14.8B	$13.4B	$11.6B	$12.2B	$13.0B	$11.7B	$10.5B	$11.4B	$11.5B	$10.8B	$10.6B
EBITDA	$14.4B	$14.9B	—	$11.6B	$12.2B	$14.0B	$12.6B	$11.4B	$12.3B	$12.4B	$11.6B	$11.4B
Operating Margin	37.0%	36.6%	---	32.9%	38.6%	41.3%	15.3%	13.5%	14.2%	14.8%	14.5%	14.4%
EBITDA Margin	35.9%	41.4%	---	32.9%	38.6%	44.5%	16.5%	14.6%	15.4%	15.8%	15.4%	15.4%
	—	—	—	$1.5B	$768M	$737M	$618M	$570M	$665M	$914M	$891M	$1.0B
	—	$13.9B	—	$10.4B	$11.6B	$12.2B	—	—	—	—	—	—
Income Tax Expense	—	$2.7B	$3.0B	$2.3B	$2.2B	$2.7B	$2.4B	$2.3B	$2.4B	$4.3B	$2.8B	$2.7B
	$9.1B	$11.8B	—	$8.3B	$9.5B	$9.7B	$8.6B	$7.7B	$8.3B	$6.3B	$7.3B	$7.0B
Net Margin	22.8%	29.1%	---	23.5%	30.0%	30.9%	11.3%	9.9%	10.4%	8.1%	9.7%	9.5%
	$5.53	$7.27	$4.53	$5.02	$5.82	$5.83	$5.16	$4.61	$5.08	$3.88	$4.48	$4.42
Diluted EPS	$5.53	$7.26	$4.53	$5.02	$5.81	$5.83	$5.16	$4.61	$5.08	$3.88	$4.48	$4.42
Weighted Avg Basic	1.6B	1.6B	—	1.6B	1.6B	1.6B	—	—	—	—	—	—
Weighted Avg Diluted	1.6B	1.6B	—	1.6B	1.6B	1.6B	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$40.0B

$40.6B

—

$35.2B

$31.8B

$31.4B

$76.0B

$77.9B

$79.8B

$78.1B

$75.0B

$73.9B

—

$13.4B

—

$12.9B

$11.4B

$10.0B

—

$27.3B

$24.5B

$22.3B

$20.4B

$21.4B

$19.1B

$19.3B

$18.9B

$18.3B

$17.3B

$17.4B

Gross Margin

66.9%

67.1%

---

63.3%

64.1%

68.1%

25.1%

24.8%

23.6%

23.4%

23.1%

23.6%

—

$756M

—

$709M

$642M

$617M

—

Depreciation

$2.0B

—

$998M

$981M

$964M

$989M

$875M

$743M

$754M

Total Operating Expenses

—

$12.4B

—

$10.7B

$8.1B

$8.4B

—

$14.9B

$13.4B

$11.6B

$12.2B

$13.0B

$11.7B

$10.5B

$11.4B

$11.5B

$10.8B

$10.6B

EBIT

$12.4B

$14.8B

$13.4B

$11.6B

$12.2B

$13.0B

$11.7B

$10.5B

$11.4B

$11.5B

$10.8B

$10.6B

EBITDA

$14.4B

$14.9B

—

$11.6B

$12.2B

$14.0B

$12.6B

$11.4B

$12.3B

$12.4B

$11.6B

$11.4B

Operating Margin

37.0%

36.6%

---

32.9%

38.6%

41.3%

15.3%

13.5%

14.2%

14.8%

14.5%

14.4%

EBITDA Margin

35.9%

41.4%

---

32.9%

38.6%

44.5%

16.5%

14.6%

15.4%

15.8%

15.4%

—

$1.5B

$768M

$737M

$618M

$570M

$665M

$914M

$891M

$1.0B

—

$13.9B

—

$10.4B

$11.6B

$12.2B

—

Income Tax Expense

—

$2.7B

$3.0B

$2.3B

$2.2B

$2.7B

$2.4B

$2.3B

$2.4B

$4.3B

$2.8B

$2.7B

$9.1B

$11.8B

—

$8.3B

$9.5B

$9.7B

$8.6B

$7.7B

$8.3B

$6.3B

$7.3B

$7.0B

Net Margin

22.8%

29.1%

---

23.5%

30.0%

30.9%

11.3%

9.9%

10.4%

8.1%

9.7%

9.5%

$5.53

$7.27

$4.53

$5.02

$5.82

$5.83

$5.16

$4.61

$5.08

$3.88

$4.48

$4.42

Diluted EPS

$5.53

$7.26

$4.53

$5.02

$5.81

$5.83

$5.16

$4.61

$5.08

$3.88

$4.48

$4.42

Weighted Avg Basic

1.6B

—

1.6B

—

Weighted Avg Diluted

1.6B

—

1.6B

—

Philip Morris International Inc. (PM) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Philip Morris International Inc. Do?

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, smoke-free products, and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, and Parliament HeatSticks brands, as well as under the Fiit and Miix licensed brands. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, South and Southeast Asia, East Asia, Australia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York. Philip Morris International Inc. (PM) is classified as a mega-cap stock in the Consumer Staples sector, specifically within the Tobacco Products industry. The company is led by CEO Jacek Olczak and employs approximately 79,800 people, headquartered in New York, Connecticut. With a market capitalization of $245.2B, PM is one of the largest companies in the Consumer Staples sector.

Philip Morris International Inc. (PM) Stock Rating — Hold (April 2026)

As of April 2026, Philip Morris International Inc. receives a Hold rating with a composite score of 54.9/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.PM ranks #1,259 out of 4,446 stocks in our coverage universe. Within the Consumer Staples sector, Philip Morris International Inc. ranks among stocks, placing it in the top 10% of its Consumer Staples peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

PM Stock Price and 52-Week Range

Philip Morris International Inc. (PM) currently trades at $160.45. The stock lost $0.80 (0.5%) in the most recent trading session. The 52-week high for PM is $191.30, which means the stock is currently trading -16.1% from its annual peak. The 52-week low is $142.11, putting the stock 12.9% above its annual trough. Recent trading volume was 4.4M shares, reflecting moderate market activity.

Is PM Overvalued or Undervalued? — Valuation Analysis

Philip Morris International Inc. (PM) carries a value factor score of 41/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 34.90x, compared to the Consumer Staples sector average of 33.11x — a premium of 5%. The price-to-sales ratio is 6.03x, compared to 0.35x for the average Consumer Staples stock. On an enterprise value basis, PM trades at 18.61x EV/EBITDA, versus 6.93x for the sector.

Overall, PM's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Philip Morris International Inc. Profitability — ROE, Margins, and Quality Score

Philip Morris International Inc. (PM) earns a quality factor score of 77/100, reflecting elite profitability and capital efficiency that places it among the highest-quality businesses in the market. The return on equity (ROE) is -154.9%, compared to the Consumer Staples sector average of 7.7%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 19.2% versus the sector average of 3.1%.

On a margin basis, Philip Morris International Inc. reports gross margins of 67.1%, compared to 26.2% for the sector. The operating margin is 36.6% (sector: 2.9%). Net profit margin stands at 29.1%, versus 1.6% for the average Consumer Staples stock. Revenue growth is running at 4.5% on a trailing basis, compared to 3.1% for the sector. These metrics collectively paint a picture of a highly profitable business with durable competitive advantages.

PM Debt, Balance Sheet, and Financial Health

Philip Morris International Inc. has a debt-to-equity ratio of -557.0%, compared to the Consumer Staples sector average of 72.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $45.70B. Cash and equivalents stand at $4.22B.

PM has a beta of 0.12, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Philip Morris International Inc. is 84/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

Philip Morris International Inc. Revenue and Earnings History — Quarterly Trend

In FY 2024, Philip Morris International Inc. reported revenue of N/A and earnings per share (EPS) of $4.53. Operating income came in at $13.40B.

In Q4 2025, Philip Morris International Inc. reported revenue of $10.36B. Net income for the quarter was $2.25B. Gross margin was 65.6%.

In FY 2025, Philip Morris International Inc. reported revenue of $40.65B and earnings per share (EPS) of $7.27. Net income for the quarter was $11.85B. Gross margin was 67.1%. Operating income came in at $14.89B.

In Q3YTD 2025, Philip Morris International Inc. reported revenue of $30.29B. Net income for the quarter was $9.60B. Gross margin was 67.6%.

Over the past 8 quarters, Philip Morris International Inc. has reported varying levels of revenue. Investors analyzing PM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

PM Dividend Yield and Income Analysis

Philip Morris International Inc. (PM) currently pays a dividend yield of 3.4%. At this yield, a $10,000 investment in PM stock would generate approximately $$336.00 in annual dividend income. This compares to the Consumer Staples sector average dividend yield of 0.4%, meaning PM offers above-average income for its sector. With a net margin of 29.1%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

PM Momentum and Technical Analysis Profile

Philip Morris International Inc. (PM) has a momentum factor score of 47/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 32/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 23/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

PM vs Competitors — Consumer Staples Sector Ranking and Peer Comparison

Within the Consumer Staples sector, Philip Morris International Inc. (PM) ranks #— out of 180 stocks based on the Blank Capital composite score. This places PM in the top decile of all Consumer Staples stocks in our coverage universe.

Comparing PM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PM vs S&P 500 (SPY) comparison to assess how Philip Morris International Inc. stacks up against the broader market across all factor dimensions.

PM Next Earnings Date

No upcoming earnings date has been announced for Philip Morris International Inc. (PM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy PM? — Investment Thesis Summary

Philip Morris International Inc. presents a balanced picture with arguments on both sides. The quality score of 77/100 indicates above-average profitability and business fundamentals. Low volatility (stability score 84/100) reduces downside risk.

In summary, Philip Morris International Inc. (PM) earns a Hold rating with a composite score of 54.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PM stock.

Related Resources for PM Investors

Explore more research and tools: PM vs S&P 500 comparison, top Consumer Staples stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained.

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Philip Morris International Inc. (PM) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Philip Morris International Inc. Do?

Philip Morris International Inc. (PM) Stock Rating — Hold (April 2026)

PM Stock Price and 52-Week Range

Is PM Overvalued or Undervalued? — Valuation Analysis

Philip Morris International Inc. Profitability — ROE, Margins, and Quality Score

PM Debt, Balance Sheet, and Financial Health

Philip Morris International Inc. Revenue and Earnings History — Quarterly Trend

PM Dividend Yield and Income Analysis

PM Momentum and Technical Analysis Profile

PM vs Competitors — Consumer Staples Sector Ranking and Peer Comparison

PM Next Earnings Date

Should You Buy PM? — Investment Thesis Summary

Related Resources for PM Investors

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Philip Morris International Inc. stock underperforms Tuesday when compared to competitors

Philip Morris Stock Drops. Nicotine Pouches’ FDA Review Is Delayed, Report Says.

Philip Morris International Inc. stock rises Wednesday, still underperforms market

British American Tobacco: The New Categories' Opportunity And Challenge

Philip Morris: The Market Is Underpricing The Smoke-Free Transformation