Philip Morris International PM Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 67.1%+2.3pp | 64.8%+1.5pp | 63.3%-0.8pp | 64.1%-4.0pp | |
| Operating margin | 36.6%+1.3pp | 35.4%+2.5pp | 32.9%-5.7pp | 38.6%-2.8pp | |
| Net margin | 27.9%+7.8pp | 20.2%-2.1pp | 22.2%-6.3pp | 28.5%-0.5pp | |
| Returns | |||||
| Return on invested capital | 36.7%+5.5pp | 31.2%+4.0pp | 27.2%-16.3pp | 43.5%-33.8pp | |
| Efficiency | |||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.6×-0.1× | 0.6×-0.1× | |
| Liquidity | |||||
| Current ratio | 1×+0.1× | 0.9×+0.1× | 0.7×0.0× | 0.7×-0.2× | |
| Leverage | |||||
| Net debt / EBITDA | 2.7×-0.1× | 2.8×-0.7× | 3.5×+0.5× | 3×+1.3× | |
| Valuation | |||||
| Market capitalization | $249.68B+33.4% | $187.12B+28.2% | $146.01B-6.9% | $156.88B+6.5% | |
| Price / earnings | 22×-2.5× | 24.5×+5.8× | 18.7×+1.4× | 17.3×+1.2× | |
| Price / sales | 6.1×+1.2× | 4.9×+0.8× | 4.2×-0.8× | 4.9×+0.3× | |
| EV / EBITDA | 17.5×+2.3× | 15.1×+0.3× | 14.8×+0.1× | 14.7×+2.4× | |
| Dividend yield | 3.5%-0.9pp | 4.4%-1.1pp | 5.5%+0.5pp | 5%-0.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Philip Morris International's profit margins?
- Philip Morris International (PM) runs a 67.3% gross margin and a 36.7% operating margin, with a 26.7% net margin.
- Where do Philip Morris International's ratios come from?
- Every ratio is computed from Philip Morris International's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
