Philip Morris International share price today
Philip Morris International Inc. · PM · Consumer Staples · Tobacco · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Philip Morris International share price: $211.15 at the close on 4 November 2026, +37.7% in a year.
Philip Morris International Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
The main question: results are strong, and the P/E is higher than 87% of its own history.
The price has been rising for 28 weeks, and the P/E is higher than 87% of its own last 4.6 years. But the balance sheet is under water: net worth is negative, so shareholders come after everyone the company owes. What will decide it: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first.
What is the Philip Morris International share price today?
Philip Morris International Inc.'s share price was $211.15 at the close on 4 November 2026. It has been rising for 28 weeks. That is 15.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between $148 and $211, and at that close it was at the high of that range.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Philip Morris International Inc. is in stage 2. The phase helps read everything below.
Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 5 weeks in a row.
1Y
Nov 2026: $211.15, 15.7% above its 200-day average. The price has been rising for 28 weeks.
- Price $211.15
- 50-day avg $195.22
- 200-day avg $182.45
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | $144.33 | $160.13 | $162.00 |
| 7 Nov 2025 | $153.39 | $158.30 | $162.65 |
| 14 Nov 2025 | $155.43 | $157.45 | $163.31 |
| 21 Nov 2025 | $155.24 | $156.41 | $163.85 |
| 28 Nov 2025 | $157.48 | $155.81 | $164.02 |
| 5 Dec 2025 | $147.81 | $154.67 | $164.06 |
| 12 Dec 2025 | $153.65 | $153.56 | $163.94 |
| 19 Dec 2025 | $156.84 | $153.87 | $164.01 |
| 26 Dec 2025 | $161.05 | $154.04 | $164.22 |
| 2 Jan 2026 | $160.30 | $154.45 | $164.38 |
| 9 Jan 2026 | $162.61 | $154.78 | $164.53 |
| 16 Jan 2026 | $173.62 | $157.16 | $164.86 |
| 23 Jan 2026 | $173.02 | $158.61 | $165.16 |
| 30 Jan 2026 | $179.44 | $160.91 | $165.79 |
| 6 Feb 2026 | $182.81 | $163.48 | $166.25 |
| 13 Feb 2026 | $187.51 | $166.38 | $166.65 |
| 20 Feb 2026 | $183.40 | $169.12 | $166.89 |
| 27 Feb 2026 | $186.83 | $172.62 | $167.30 |
| 6 Mar 2026 | $169.98 | $174.42 | $167.50 |
| 13 Mar 2026 | $174.66 | $175.42 | $167.39 |
| 20 Mar 2026 | $163.11 | $176.41 | $167.08 |
| 27 Mar 2026 | $163.54 | $176.31 | $166.65 |
| 2 Apr 2026 | $158.10 | $175.58 | $166.20 |
| 10 Apr 2026 | $160.45 | $174.07 | $165.61 |
| 17 Apr 2026 | $157.79 | $172.04 | $165.08 |
| 24 Apr 2026 | $164.20 | $169.89 | $164.66 |
| 1 May 2026 | $166.38 | $167.79 | $164.23 |
| 8 May 2026 | $170.99 | $166.11 | $164.15 |
| 15 May 2026 | $189.61 | $166.94 | $164.82 |
| 22 May 2026 | $188.99 | $168.82 | $165.46 |
| 29 May 2026 | $177.38 | $169.44 | $165.67 |
| 5 Jun 2026 | $178.29 | $170.57 | $165.88 |
| 12 Jun 2026 | $184.30 | $172.35 | $166.13 |
| 18 Jun 2026 | $178.40 | $174.09 | $166.43 |
| 26 Jun 2026 | $180.77 | $175.87 | $166.81 |
| 2 Jul 2026 | $182.27 | $177.85 | $167.12 |
| 10 Jul 2026 | $181.62 | $179.82 | $167.66 |
| 17 Jul 2026 | $192.98 | $181.56 | $168.16 |
| 24 Jul 2026 | $193.00 | $183.11 | $169.02 |
| 31 Jul 2026 | $190.82 | $183.60 | $169.97 |
| 7 Aug 2026 | $189.57 | $183.82 | $170.73 |
| 14 Aug 2026 | $190.39 | $185.01 | $171.53 |
| 21 Aug 2026 | $188.23 | $186.04 | $172.59 |
| 28 Aug 2026 | $191.89 | $187.06 | $173.62 |
| 4 Sep 2026 | $182.53 | $187.93 | $174.40 |
| 11 Sep 2026 | $191.06 | $188.51 | $175.04 |
| 18 Sep 2026 | $188.62 | $189.24 | $175.95 |
| 25 Sep 2026 | $190.48 | $190.08 | $176.95 |
| 2 Oct 2026 | $187.46 | $189.98 | $177.90 |
| 9 Oct 2026 | $201.19 | $189.88 | $178.82 |
| 16 Oct 2026 | $205.20 | $191.28 | $179.83 |
| 23 Oct 2026 | $199.47 | $192.54 | $180.88 |
| 30 Oct 2026 | $208.79 | $194.14 | $181.88 |
| 4 Nov 2026 | $211.15 | $195.22 | $182.45 |
3Y
Nov 2026: $211.15, 15.7% above its 200-day average. The price has been rising for 28 weeks.
- Price $211.15
- 50-day avg $195.22
- 200-day avg $182.45
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 3 Nov 2023 | $91.52 | $93.07 | $96.15 |
| 10 Nov 2023 | $89.70 | $92.51 | $95.85 |
| 17 Nov 2023 | $91.95 | $92.20 | $95.53 |
| 24 Nov 2023 | $94.34 | $92.06 | $95.35 |
| 1 Dec 2023 | $94.05 | $91.77 | $95.14 |
| 8 Dec 2023 | $91.31 | $91.69 | $94.93 |
| 15 Dec 2023 | $94.46 | $91.92 | $94.83 |
| 22 Dec 2023 | $92.94 | $92.01 | $94.68 |
| 29 Dec 2023 | $94.08 | $92.07 | $94.61 |
| 5 Jan 2024 | $95.30 | $92.41 | $94.61 |
| 12 Jan 2024 | $95.27 | $93.03 | $94.69 |
| 19 Jan 2024 | $92.32 | $93.26 | $94.63 |
| 26 Jan 2024 | $90.85 | $93.38 | $94.45 |
| 2 Feb 2024 | $92.99 | $93.44 | $94.26 |
| 9 Feb 2024 | $89.12 | $93.11 | $94.06 |
| 16 Feb 2024 | $89.65 | $92.72 | $93.83 |
| 23 Feb 2024 | $91.56 | $92.65 | $93.74 |
| 1 Mar 2024 | $89.83 | $92.24 | $93.61 |
| 8 Mar 2024 | $92.68 | $92.04 | $93.56 |
| 15 Mar 2024 | $94.27 | $92.03 | $93.64 |
| 22 Mar 2024 | $90.88 | $91.83 | $93.70 |
| 28 Mar 2024 | $91.62 | $91.56 | $93.68 |
| 5 Apr 2024 | $89.48 | $91.43 | $93.60 |
| 12 Apr 2024 | $88.85 | $91.29 | $93.44 |
| 19 Apr 2024 | $93.77 | $91.14 | $93.27 |
| 26 Apr 2024 | $95.02 | $91.85 | $93.22 |
| 3 May 2024 | $97.40 | $92.47 | $93.15 |
| 10 May 2024 | $99.66 | $93.27 | $93.17 |
| 17 May 2024 | $99.83 | $94.21 | $93.20 |
| 24 May 2024 | $99.93 | $94.79 | $93.27 |
| 31 May 2024 | $101.38 | $95.24 | $93.36 |
| 7 Jun 2024 | $103.61 | $96.48 | $93.60 |
| 14 Jun 2024 | $102.20 | $97.64 | $93.80 |
| 21 Jun 2024 | $99.92 | $98.52 | $93.90 |
| 28 Jun 2024 | $101.33 | $99.75 | $94.10 |
| 5 Jul 2024 | $102.12 | $100.35 | $94.21 |
| 12 Jul 2024 | $105.95 | $101.10 | $94.40 |
| 19 Jul 2024 | $107.12 | $102.06 | $94.78 |
| 26 Jul 2024 | $113.36 | $103.23 | $95.26 |
| 2 Aug 2024 | $117.82 | $104.80 | $95.84 |
| 9 Aug 2024 | $116.01 | $106.31 | $96.41 |
| 16 Aug 2024 | $118.06 | $107.82 | $97.11 |
| 23 Aug 2024 | $120.15 | $109.42 | $97.84 |
| 30 Aug 2024 | $123.29 | $111.48 | $98.65 |
| 6 Sep 2024 | $125.81 | $113.43 | $99.34 |
| 13 Sep 2024 | $125.62 | $115.88 | $100.15 |
| 20 Sep 2024 | $120.79 | $117.82 | $100.86 |
| 27 Sep 2024 | $120.62 | $119.27 | $101.59 |
| 4 Oct 2024 | $119.10 | $120.28 | $102.23 |
| 11 Oct 2024 | $120.10 | $120.72 | $102.89 |
| 18 Oct 2024 | $120.21 | $121.21 | $103.53 |
| 25 Oct 2024 | $129.86 | $122.39 | $104.37 |
| 1 Nov 2024 | $130.65 | $123.63 | $105.30 |
| 8 Nov 2024 | $126.24 | $124.21 | $106.19 |
| 15 Nov 2024 | $128.59 | $124.30 | $107.06 |
| 22 Nov 2024 | $129.99 | $124.76 | $108.04 |
| 29 Nov 2024 | $133.06 | $125.52 | $108.89 |
| 6 Dec 2024 | $130.56 | $126.50 | $109.91 |
| 13 Dec 2024 | $126.62 | $127.25 | $110.84 |
| 20 Dec 2024 | $124.22 | $127.78 | $111.69 |
| 27 Dec 2024 | $121.45 | $127.94 | $112.25 |
| 3 Jan 2025 | $122.02 | $127.80 | $112.77 |
| 10 Jan 2025 | $117.15 | $126.94 | $113.34 |
| 17 Jan 2025 | $121.59 | $125.71 | $114.03 |
| 24 Jan 2025 | $127.28 | $125.55 | $114.73 |
| 31 Jan 2025 | $130.20 | $125.91 | $115.74 |
| 7 Feb 2025 | $144.41 | $126.48 | $116.85 |
| 14 Feb 2025 | $150.46 | $128.19 | $118.15 |
| 21 Feb 2025 | $154.40 | $129.82 | $119.25 |
| 28 Feb 2025 | $155.28 | $132.61 | $120.67 |
| 7 Mar 2025 | $150.95 | $135.56 | $122.02 |
| 14 Mar 2025 | $151.88 | $138.49 | $123.30 |
| 21 Mar 2025 | $151.48 | $141.73 | $124.63 |
| 28 Mar 2025 | $155.16 | $145.22 | $125.87 |
| 4 Apr 2025 | $150.62 | $148.66 | $127.23 |
| 11 Apr 2025 | $153.89 | $150.88 | $128.49 |
| 17 Apr 2025 | $163.21 | $153.27 | $129.67 |
| 25 Apr 2025 | $170.24 | $155.28 | $131.29 |
| 2 May 2025 | $170.86 | $157.31 | $132.93 |
| 9 May 2025 | $169.70 | $159.06 | $134.55 |
| 16 May 2025 | $170.44 | $160.22 | $135.88 |
| 23 May 2025 | $178.19 | $162.61 | $137.36 |
| 30 May 2025 | $180.59 | $164.63 | $138.62 |
| 6 Jun 2025 | $181.73 | $167.58 | $140.22 |
| 13 Jun 2025 | $184.33 | $170.14 | $141.78 |
| 20 Jun 2025 | $183.29 | $172.53 | $142.99 |
| 27 Jun 2025 | $181.03 | $175.26 | $144.39 |
| 3 Jul 2025 | $178.88 | $176.55 | $145.45 |
| 11 Jul 2025 | $179.91 | $177.55 | $146.88 |
| 18 Jul 2025 | $178.73 | $178.41 | $148.37 |
| 25 Jul 2025 | $160.92 | $178.15 | $149.54 |
| 1 Aug 2025 | $162.96 | $177.32 | $150.60 |
| 8 Aug 2025 | $170.18 | $176.25 | $151.75 |
| 15 Aug 2025 | $166.19 | $174.89 | $152.71 |
| 22 Aug 2025 | $171.75 | $173.84 | $153.70 |
| 29 Aug 2025 | $167.13 | $172.11 | $154.66 |
| 5 Sep 2025 | $161.55 | $170.53 | $155.42 |
| 12 Sep 2025 | $166.11 | $169.12 | $156.29 |
| 19 Sep 2025 | $162.95 | $167.50 | $157.08 |
| 26 Sep 2025 | $164.89 | $165.77 | $157.90 |
| 3 Oct 2025 | $153.27 | $164.71 | $158.69 |
| 10 Oct 2025 | $160.47 | $164.17 | $159.48 |
| 17 Oct 2025 | $158.06 | $163.47 | $160.39 |
| 24 Oct 2025 | $157.62 | $162.31 | $161.27 |
| 31 Oct 2025 | $144.33 | $160.13 | $162.00 |
| 7 Nov 2025 | $153.39 | $158.30 | $162.65 |
| 14 Nov 2025 | $155.43 | $157.45 | $163.31 |
| 21 Nov 2025 | $155.24 | $156.41 | $163.85 |
| 28 Nov 2025 | $157.48 | $155.81 | $164.02 |
| 5 Dec 2025 | $147.81 | $154.67 | $164.06 |
| 12 Dec 2025 | $153.65 | $153.56 | $163.94 |
| 19 Dec 2025 | $156.84 | $153.87 | $164.01 |
| 26 Dec 2025 | $161.05 | $154.04 | $164.22 |
| 2 Jan 2026 | $160.30 | $154.45 | $164.38 |
| 9 Jan 2026 | $162.61 | $154.78 | $164.53 |
| 16 Jan 2026 | $173.62 | $157.16 | $164.86 |
| 23 Jan 2026 | $173.02 | $158.61 | $165.16 |
| 30 Jan 2026 | $179.44 | $160.91 | $165.79 |
| 6 Feb 2026 | $182.81 | $163.48 | $166.25 |
| 13 Feb 2026 | $187.51 | $166.38 | $166.65 |
| 20 Feb 2026 | $183.40 | $169.12 | $166.89 |
| 27 Feb 2026 | $186.83 | $172.62 | $167.30 |
| 6 Mar 2026 | $169.98 | $174.42 | $167.50 |
| 13 Mar 2026 | $174.66 | $175.42 | $167.39 |
| 20 Mar 2026 | $163.11 | $176.41 | $167.08 |
| 27 Mar 2026 | $163.54 | $176.31 | $166.65 |
| 2 Apr 2026 | $158.10 | $175.58 | $166.20 |
| 10 Apr 2026 | $160.45 | $174.07 | $165.61 |
| 17 Apr 2026 | $157.79 | $172.04 | $165.08 |
| 24 Apr 2026 | $164.20 | $169.89 | $164.66 |
| 1 May 2026 | $166.38 | $167.79 | $164.23 |
| 8 May 2026 | $170.99 | $166.11 | $164.15 |
| 15 May 2026 | $189.61 | $166.94 | $164.82 |
| 22 May 2026 | $188.99 | $168.82 | $165.46 |
| 29 May 2026 | $177.38 | $169.44 | $165.67 |
| 5 Jun 2026 | $178.29 | $170.57 | $165.88 |
| 12 Jun 2026 | $184.30 | $172.35 | $166.13 |
| 18 Jun 2026 | $178.40 | $174.09 | $166.43 |
| 26 Jun 2026 | $180.77 | $175.87 | $166.81 |
| 2 Jul 2026 | $182.27 | $177.85 | $167.12 |
| 10 Jul 2026 | $181.62 | $179.82 | $167.66 |
| 17 Jul 2026 | $192.98 | $181.56 | $168.16 |
| 24 Jul 2026 | $193.00 | $183.11 | $169.02 |
| 31 Jul 2026 | $190.82 | $183.60 | $169.97 |
| 7 Aug 2026 | $189.57 | $183.82 | $170.73 |
| 14 Aug 2026 | $190.39 | $185.01 | $171.53 |
| 21 Aug 2026 | $188.23 | $186.04 | $172.59 |
| 28 Aug 2026 | $191.89 | $187.06 | $173.62 |
| 4 Sep 2026 | $182.53 | $187.93 | $174.40 |
| 11 Sep 2026 | $191.06 | $188.51 | $175.04 |
| 18 Sep 2026 | $188.62 | $189.24 | $175.95 |
| 25 Sep 2026 | $190.48 | $190.08 | $176.95 |
| 2 Oct 2026 | $187.46 | $189.98 | $177.90 |
| 9 Oct 2026 | $201.19 | $189.88 | $178.82 |
| 16 Oct 2026 | $205.20 | $191.28 | $179.83 |
| 23 Oct 2026 | $199.47 | $192.54 | $180.88 |
| 30 Oct 2026 | $208.79 | $194.14 | $181.88 |
| 4 Nov 2026 | $211.15 | $195.22 | $182.45 |
5Y
Nov 2026: $211.15, 15.7% above its 200-day average. The price has been rising for 28 weeks.
- Price $211.15
- 50-day avg $195.22
- 200-day avg $182.45
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 29 Oct 2021 | $94.54 | $99.64 | $94.74 |
| 12 Nov 2021 | $94.76 | $98.00 | $95.39 |
| 26 Nov 2021 | $88.68 | $95.78 | $95.75 |
| 10 Dec 2021 | $90.04 | $93.50 | $95.89 |
| 23 Dec 2021 | $92.93 | $92.93 | $96.20 |
| 7 Jan 2022 | $99.14 | $92.67 | $96.54 |
| 21 Jan 2022 | $102.92 | $94.05 | $97.11 |
| 4 Feb 2022 | $103.59 | $96.05 | $97.63 |
| 18 Feb 2022 | $111.61 | $99.86 | $98.27 |
| 4 Mar 2022 | $99.80 | $101.92 | $98.56 |
| 18 Mar 2022 | $93.90 | $101.53 | $98.32 |
| 1 Apr 2022 | $96.78 | $100.03 | $98.06 |
| 14 Apr 2022 | $101.77 | $99.49 | $98.07 |
| 29 Apr 2022 | $100.00 | $98.71 | $98.24 |
| 13 May 2022 | $104.43 | $97.73 | $98.36 |
| 27 May 2022 | $106.97 | $100.17 | $98.64 |
| 10 Jun 2022 | $102.33 | $102.28 | $98.80 |
| 24 Jun 2022 | $103.40 | $102.54 | $98.61 |
| 8 Jul 2022 | $93.89 | $101.82 | $98.43 |
| 22 Jul 2022 | $95.93 | $100.18 | $98.08 |
| 5 Aug 2022 | $97.60 | $98.86 | $98.13 |
| 19 Aug 2022 | $100.13 | $97.52 | $98.33 |
| 2 Sep 2022 | $94.53 | $96.92 | $98.45 |
| 16 Sep 2022 | $95.56 | $96.13 | $98.70 |
| 30 Sep 2022 | $83.01 | $96.00 | $98.75 |
| 14 Oct 2022 | $85.26 | $93.67 | $98.37 |
| 28 Oct 2022 | $92.53 | $91.34 | $97.87 |
| 11 Nov 2022 | $94.47 | $90.16 | $97.34 |
| 25 Nov 2022 | $98.25 | $90.36 | $97.00 |
| 9 Dec 2022 | $102.09 | $92.17 | $96.63 |
| 23 Dec 2022 | $101.69 | $95.35 | $96.77 |
| 6 Jan 2023 | $103.49 | $97.79 | $97.14 |
| 20 Jan 2023 | $101.82 | $99.78 | $97.48 |
| 3 Feb 2023 | $102.59 | $101.59 | $97.64 |
| 17 Feb 2023 | $101.82 | $101.95 | $97.64 |
| 3 Mar 2023 | $99.20 | $101.41 | $97.51 |
| 17 Mar 2023 | $94.79 | $100.71 | $97.13 |
| 31 Mar 2023 | $97.25 | $99.21 | $96.65 |
| 14 Apr 2023 | $99.48 | $98.39 | $96.58 |
| 28 Apr 2023 | $99.97 | $97.77 | $96.74 |
| 12 May 2023 | $95.12 | $97.12 | $96.89 |
| 26 May 2023 | $90.84 | $96.04 | $96.63 |
| 9 Jun 2023 | $92.59 | $95.62 | $96.24 |
| 23 Jun 2023 | $96.30 | $95.00 | $96.17 |
| 7 Jul 2023 | $97.70 | $94.64 | $96.26 |
| 21 Jul 2023 | $97.52 | $94.98 | $96.70 |
| 4 Aug 2023 | $96.21 | $95.81 | $97.32 |
| 18 Aug 2023 | $94.36 | $96.75 | $97.69 |
| 1 Sep 2023 | $95.68 | $96.99 | $97.87 |
| 15 Sep 2023 | $95.79 | $96.53 | $97.79 |
| 29 Sep 2023 | $92.58 | $95.65 | $97.41 |
| 13 Oct 2023 | $92.26 | $94.42 | $96.95 |
| 27 Oct 2023 | $87.47 | $93.49 | $96.43 |
| 10 Nov 2023 | $89.70 | $92.51 | $95.85 |
| 24 Nov 2023 | $94.34 | $92.06 | $95.35 |
| 8 Dec 2023 | $91.31 | $91.69 | $94.93 |
| 22 Dec 2023 | $92.94 | $92.01 | $94.68 |
| 5 Jan 2024 | $95.30 | $92.41 | $94.61 |
| 19 Jan 2024 | $92.32 | $93.26 | $94.63 |
| 2 Feb 2024 | $92.99 | $93.44 | $94.26 |
| 16 Feb 2024 | $89.65 | $92.72 | $93.83 |
| 1 Mar 2024 | $89.83 | $92.24 | $93.61 |
| 15 Mar 2024 | $94.27 | $92.03 | $93.64 |
| 28 Mar 2024 | $91.62 | $91.56 | $93.68 |
| 12 Apr 2024 | $88.85 | $91.29 | $93.44 |
| 26 Apr 2024 | $95.02 | $91.85 | $93.22 |
| 10 May 2024 | $99.66 | $93.27 | $93.17 |
| 24 May 2024 | $99.93 | $94.79 | $93.27 |
| 7 Jun 2024 | $103.61 | $96.48 | $93.60 |
| 21 Jun 2024 | $99.92 | $98.52 | $93.90 |
| 5 Jul 2024 | $102.12 | $100.35 | $94.21 |
| 19 Jul 2024 | $107.12 | $102.06 | $94.78 |
| 2 Aug 2024 | $117.82 | $104.80 | $95.84 |
| 16 Aug 2024 | $118.06 | $107.82 | $97.11 |
| 30 Aug 2024 | $123.29 | $111.48 | $98.65 |
| 13 Sep 2024 | $125.62 | $115.88 | $100.15 |
| 27 Sep 2024 | $120.62 | $119.27 | $101.59 |
| 11 Oct 2024 | $120.10 | $120.72 | $102.89 |
| 25 Oct 2024 | $129.86 | $122.39 | $104.37 |
| 8 Nov 2024 | $126.24 | $124.21 | $106.19 |
| 22 Nov 2024 | $129.99 | $124.76 | $108.04 |
| 6 Dec 2024 | $130.56 | $126.50 | $109.91 |
| 20 Dec 2024 | $124.22 | $127.78 | $111.69 |
| 3 Jan 2025 | $122.02 | $127.80 | $112.77 |
| 17 Jan 2025 | $121.59 | $125.71 | $114.03 |
| 31 Jan 2025 | $130.20 | $125.91 | $115.74 |
| 14 Feb 2025 | $150.46 | $128.19 | $118.15 |
| 28 Feb 2025 | $155.28 | $132.61 | $120.67 |
| 14 Mar 2025 | $151.88 | $138.49 | $123.30 |
| 28 Mar 2025 | $155.16 | $145.22 | $125.87 |
| 11 Apr 2025 | $153.89 | $150.88 | $128.49 |
| 25 Apr 2025 | $170.24 | $155.28 | $131.29 |
| 9 May 2025 | $169.70 | $159.06 | $134.55 |
| 23 May 2025 | $178.19 | $162.61 | $137.36 |
| 6 Jun 2025 | $181.73 | $167.58 | $140.22 |
| 20 Jun 2025 | $183.29 | $172.53 | $142.99 |
| 3 Jul 2025 | $178.88 | $176.55 | $145.45 |
| 18 Jul 2025 | $178.73 | $178.41 | $148.37 |
| 1 Aug 2025 | $162.96 | $177.32 | $150.60 |
| 15 Aug 2025 | $166.19 | $174.89 | $152.71 |
| 29 Aug 2025 | $167.13 | $172.11 | $154.66 |
| 12 Sep 2025 | $166.11 | $169.12 | $156.29 |
| 26 Sep 2025 | $164.89 | $165.77 | $157.90 |
| 10 Oct 2025 | $160.47 | $164.17 | $159.48 |
| 24 Oct 2025 | $157.62 | $162.31 | $161.27 |
| 7 Nov 2025 | $153.39 | $158.30 | $162.65 |
| 21 Nov 2025 | $155.24 | $156.41 | $163.85 |
| 5 Dec 2025 | $147.81 | $154.67 | $164.06 |
| 19 Dec 2025 | $156.84 | $153.87 | $164.01 |
| 2 Jan 2026 | $160.30 | $154.45 | $164.38 |
| 16 Jan 2026 | $173.62 | $157.16 | $164.86 |
| 30 Jan 2026 | $179.44 | $160.91 | $165.79 |
| 13 Feb 2026 | $187.51 | $166.38 | $166.65 |
| 27 Feb 2026 | $186.83 | $172.62 | $167.30 |
| 13 Mar 2026 | $174.66 | $175.42 | $167.39 |
| 27 Mar 2026 | $163.54 | $176.31 | $166.65 |
| 10 Apr 2026 | $160.45 | $174.07 | $165.61 |
| 24 Apr 2026 | $164.20 | $169.89 | $164.66 |
| 8 May 2026 | $170.99 | $166.11 | $164.15 |
| 22 May 2026 | $188.99 | $168.82 | $165.46 |
| 5 Jun 2026 | $178.29 | $170.57 | $165.88 |
| 18 Jun 2026 | $178.40 | $174.09 | $166.43 |
| 2 Jul 2026 | $182.27 | $177.85 | $167.12 |
| 17 Jul 2026 | $192.98 | $181.56 | $168.16 |
| 31 Jul 2026 | $190.82 | $183.60 | $169.97 |
| 14 Aug 2026 | $190.39 | $185.01 | $171.53 |
| 28 Aug 2026 | $191.89 | $187.06 | $173.62 |
| 11 Sep 2026 | $191.06 | $188.51 | $175.04 |
| 25 Sep 2026 | $190.48 | $190.08 | $176.95 |
| 9 Oct 2026 | $201.19 | $189.88 | $178.82 |
| 23 Oct 2026 | $199.47 | $192.54 | $180.88 |
| 4 Nov 2026 | $211.15 | $195.22 | $182.45 |
10Y
Nov 2026: $211.15, 15.7% above its 200-day average. The price has been rising for 28 weeks.
- Price $211.15
- 50-day avg $195.22
- 200-day avg $182.45
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 28 Oct 2016 | $96.31 | $98.39 | – |
| 18 Nov 2016 | $89.09 | $96.09 | – |
| 9 Dec 2016 | $90.24 | $93.16 | – |
| 30 Dec 2016 | $91.49 | $91.78 | – |
| 20 Jan 2017 | $94.57 | $90.60 | – |
| 10 Feb 2017 | $102.63 | $93.12 | – |
| 3 Mar 2017 | $110.21 | $97.73 | – |
| 24 Mar 2017 | $111.79 | $103.90 | – |
| 13 Apr 2017 | $113.06 | $109.12 | – |
| 5 May 2017 | $112.25 | $111.84 | $100.06 |
| 26 May 2017 | $119.83 | $113.08 | $101.20 |
| 16 Jun 2017 | $121.84 | $115.23 | $102.66 |
| 7 Jul 2017 | $117.90 | $116.98 | $104.00 |
| 28 Jul 2017 | $118.51 | $119.12 | $105.56 |
| 18 Aug 2017 | $115.33 | $118.01 | $107.00 |
| 8 Sep 2017 | $117.06 | $117.04 | $108.73 |
| 29 Sep 2017 | $111.01 | $115.80 | $110.60 |
| 20 Oct 2017 | $109.52 | $114.52 | $112.18 |
| 10 Nov 2017 | $103.02 | $111.15 | $113.03 |
| 1 Dec 2017 | $103.71 | $107.33 | $113.19 |
| 22 Dec 2017 | $104.65 | $105.62 | $113.06 |
| 12 Jan 2018 | $104.50 | $104.47 | $112.54 |
| 2 Feb 2018 | $103.44 | $105.76 | $112.11 |
| 23 Feb 2018 | $106.11 | $105.12 | $111.48 |
| 16 Mar 2018 | $103.46 | $105.19 | $110.79 |
| 6 Apr 2018 | $101.02 | $103.21 | $109.25 |
| 27 Apr 2018 | $82.56 | $99.97 | $107.34 |
| 18 May 2018 | $80.75 | $92.70 | $104.56 |
| 8 Jun 2018 | $79.42 | $86.46 | $102.02 |
| 29 Jun 2018 | $80.74 | $80.65 | $99.30 |
| 20 Jul 2018 | $84.31 | $80.74 | $97.14 |
| 10 Aug 2018 | $82.56 | $82.01 | $95.11 |
| 31 Aug 2018 | $77.89 | $82.65 | $93.44 |
| 21 Sep 2018 | $83.75 | $82.20 | $91.80 |
| 12 Oct 2018 | $82.31 | $81.82 | $90.01 |
| 2 Nov 2018 | $88.75 | $83.01 | $88.73 |
| 23 Nov 2018 | $84.05 | $85.33 | $87.44 |
| 14 Dec 2018 | $82.50 | $86.32 | $86.14 |
| 4 Jan 2019 | $69.55 | $82.30 | $83.76 |
| 25 Jan 2019 | $72.73 | $77.09 | $81.77 |
| 15 Feb 2019 | $83.46 | $74.61 | $80.82 |
| 8 Mar 2019 | $87.45 | $76.75 | $81.21 |
| 29 Mar 2019 | $88.39 | $83.16 | $81.97 |
| 18 Apr 2019 | $84.49 | $86.43 | $82.35 |
| 10 May 2019 | $84.54 | $86.83 | $82.52 |
| 31 May 2019 | $77.13 | $85.43 | $82.44 |
| 21 Jun 2019 | $79.22 | $82.47 | $82.16 |
| 12 Jul 2019 | $81.89 | $80.84 | $82.12 |
| 2 Aug 2019 | $84.17 | $80.82 | $82.28 |
| 23 Aug 2019 | $81.22 | $81.86 | $81.87 |
| 13 Sep 2019 | $73.05 | $80.58 | $80.94 |
| 4 Oct 2019 | $78.28 | $77.91 | $80.20 |
| 25 Oct 2019 | $81.98 | $76.69 | $81.07 |
| 15 Nov 2019 | $84.79 | $78.47 | $81.85 |
| 6 Dec 2019 | $83.25 | $81.21 | $81.99 |
| 27 Dec 2019 | $86.31 | $83.45 | $81.83 |
| 17 Jan 2020 | $88.69 | $84.89 | $81.68 |
| 7 Feb 2020 | $87.45 | $85.39 | $81.68 |
| 28 Feb 2020 | $81.87 | $86.38 | $81.84 |
| 20 Mar 2020 | $61.09 | $83.92 | $81.47 |
| 9 Apr 2020 | $75.34 | $79.39 | $81.01 |
| 1 May 2020 | $73.28 | $75.93 | $80.64 |
| 22 May 2020 | $70.45 | $71.74 | $79.54 |
| 12 Jun 2020 | $70.42 | $73.22 | $78.97 |
| 2 Jul 2020 | $70.46 | $72.26 | $78.85 |
| 24 Jul 2020 | $76.85 | $72.64 | $78.79 |
| 14 Aug 2020 | $77.71 | $74.50 | $78.62 |
| 4 Sep 2020 | $79.15 | $76.33 | $78.31 |
| 25 Sep 2020 | $75.40 | $78.29 | $78.03 |
| 16 Oct 2020 | $79.27 | $78.45 | $77.40 |
| 6 Nov 2020 | $70.45 | $76.56 | $76.27 |
| 27 Nov 2020 | $75.90 | $75.47 | $75.62 |
| 18 Dec 2020 | $86.09 | $77.30 | $75.32 |
| 8 Jan 2021 | $83.09 | $78.87 | $76.06 |
| 29 Jan 2021 | $79.65 | $81.22 | $76.58 |
| 19 Feb 2021 | $85.45 | $83.03 | $77.27 |
| 12 Mar 2021 | $87.72 | $83.69 | $78.46 |
| 1 Apr 2021 | $88.06 | $85.71 | $79.51 |
| 23 Apr 2021 | $94.61 | $88.56 | $81.02 |
| 14 May 2021 | $97.70 | $91.63 | $82.58 |
| 4 Jun 2021 | $97.90 | $94.21 | $83.94 |
| 25 Jun 2021 | $99.04 | $97.00 | $85.41 |
| 16 Jul 2021 | $98.90 | $98.29 | $86.86 |
| 6 Aug 2021 | $99.21 | $98.72 | $88.48 |
| 27 Aug 2021 | $102.10 | $99.60 | $90.64 |
| 17 Sep 2021 | $101.86 | $100.82 | $92.52 |
| 8 Oct 2021 | $95.35 | $100.83 | $93.66 |
| 29 Oct 2021 | $94.54 | $99.64 | $94.74 |
| 19 Nov 2021 | $90.40 | $96.84 | $95.68 |
| 10 Dec 2021 | $90.04 | $93.50 | $95.89 |
| 31 Dec 2021 | $95.00 | $92.60 | $96.34 |
| 21 Jan 2022 | $102.92 | $94.05 | $97.11 |
| 11 Feb 2022 | $107.96 | $97.76 | $97.89 |
| 4 Mar 2022 | $99.80 | $101.92 | $98.56 |
| 25 Mar 2022 | $93.45 | $100.84 | $98.21 |
| 14 Apr 2022 | $101.77 | $99.49 | $98.07 |
| 6 May 2022 | $98.94 | $97.78 | $98.30 |
| 27 May 2022 | $106.97 | $100.17 | $98.64 |
| 17 Jun 2022 | $97.95 | $102.49 | $98.69 |
| 8 Jul 2022 | $93.89 | $101.82 | $98.43 |
| 29 Jul 2022 | $97.15 | $99.38 | $98.11 |
| 19 Aug 2022 | $100.13 | $97.52 | $98.33 |
| 9 Sep 2022 | $97.06 | $96.36 | $98.53 |
| 30 Sep 2022 | $83.01 | $96.00 | $98.75 |
| 21 Oct 2022 | $86.51 | $92.46 | $98.13 |
| 11 Nov 2022 | $94.47 | $90.16 | $97.34 |
| 2 Dec 2022 | $104.30 | $90.80 | $96.79 |
| 23 Dec 2022 | $101.69 | $95.35 | $96.77 |
| 13 Jan 2023 | $101.70 | $98.88 | $97.37 |
| 3 Feb 2023 | $102.59 | $101.59 | $97.64 |
| 24 Feb 2023 | $98.58 | $101.74 | $97.64 |
| 17 Mar 2023 | $94.79 | $100.71 | $97.13 |
| 6 Apr 2023 | $99.03 | $98.92 | $96.65 |
| 28 Apr 2023 | $99.97 | $97.77 | $96.74 |
| 19 May 2023 | $93.19 | $96.53 | $96.77 |
| 9 Jun 2023 | $92.59 | $95.62 | $96.24 |
| 30 Jun 2023 | $97.62 | $94.65 | $96.20 |
| 21 Jul 2023 | $97.52 | $94.98 | $96.70 |
| 11 Aug 2023 | $96.16 | $96.42 | $97.59 |
| 1 Sep 2023 | $95.68 | $96.99 | $97.87 |
| 22 Sep 2023 | $94.93 | $96.31 | $97.66 |
| 13 Oct 2023 | $92.26 | $94.42 | $96.95 |
| 3 Nov 2023 | $91.52 | $93.07 | $96.15 |
| 24 Nov 2023 | $94.34 | $92.06 | $95.35 |
| 15 Dec 2023 | $94.46 | $91.92 | $94.83 |
| 5 Jan 2024 | $95.30 | $92.41 | $94.61 |
| 26 Jan 2024 | $90.85 | $93.38 | $94.45 |
| 16 Feb 2024 | $89.65 | $92.72 | $93.83 |
| 8 Mar 2024 | $92.68 | $92.04 | $93.56 |
| 28 Mar 2024 | $91.62 | $91.56 | $93.68 |
| 19 Apr 2024 | $93.77 | $91.14 | $93.27 |
| 10 May 2024 | $99.66 | $93.27 | $93.17 |
| 31 May 2024 | $101.38 | $95.24 | $93.36 |
| 21 Jun 2024 | $99.92 | $98.52 | $93.90 |
| 12 Jul 2024 | $105.95 | $101.10 | $94.40 |
| 2 Aug 2024 | $117.82 | $104.80 | $95.84 |
| 23 Aug 2024 | $120.15 | $109.42 | $97.84 |
| 13 Sep 2024 | $125.62 | $115.88 | $100.15 |
| 4 Oct 2024 | $119.10 | $120.28 | $102.23 |
| 25 Oct 2024 | $129.86 | $122.39 | $104.37 |
| 15 Nov 2024 | $128.59 | $124.30 | $107.06 |
| 6 Dec 2024 | $130.56 | $126.50 | $109.91 |
| 27 Dec 2024 | $121.45 | $127.94 | $112.25 |
| 17 Jan 2025 | $121.59 | $125.71 | $114.03 |
| 7 Feb 2025 | $144.41 | $126.48 | $116.85 |
| 28 Feb 2025 | $155.28 | $132.61 | $120.67 |
| 21 Mar 2025 | $151.48 | $141.73 | $124.63 |
| 11 Apr 2025 | $153.89 | $150.88 | $128.49 |
| 2 May 2025 | $170.86 | $157.31 | $132.93 |
| 23 May 2025 | $178.19 | $162.61 | $137.36 |
| 13 Jun 2025 | $184.33 | $170.14 | $141.78 |
| 3 Jul 2025 | $178.88 | $176.55 | $145.45 |
| 25 Jul 2025 | $160.92 | $178.15 | $149.54 |
| 15 Aug 2025 | $166.19 | $174.89 | $152.71 |
| 5 Sep 2025 | $161.55 | $170.53 | $155.42 |
| 26 Sep 2025 | $164.89 | $165.77 | $157.90 |
| 17 Oct 2025 | $158.06 | $163.47 | $160.39 |
| 7 Nov 2025 | $153.39 | $158.30 | $162.65 |
| 28 Nov 2025 | $157.48 | $155.81 | $164.02 |
| 19 Dec 2025 | $156.84 | $153.87 | $164.01 |
| 9 Jan 2026 | $162.61 | $154.78 | $164.53 |
| 30 Jan 2026 | $179.44 | $160.91 | $165.79 |
| 20 Feb 2026 | $183.40 | $169.12 | $166.89 |
| 13 Mar 2026 | $174.66 | $175.42 | $167.39 |
| 2 Apr 2026 | $158.10 | $175.58 | $166.20 |
| 24 Apr 2026 | $164.20 | $169.89 | $164.66 |
| 15 May 2026 | $189.61 | $166.94 | $164.82 |
| 5 Jun 2026 | $178.29 | $170.57 | $165.88 |
| 26 Jun 2026 | $180.77 | $175.87 | $166.81 |
| 17 Jul 2026 | $192.98 | $181.56 | $168.16 |
| 7 Aug 2026 | $189.57 | $183.82 | $170.73 |
| 28 Aug 2026 | $191.89 | $187.06 | $173.62 |
| 18 Sep 2026 | $188.62 | $189.24 | $175.95 |
| 9 Oct 2026 | $201.19 | $189.88 | $178.82 |
| 30 Oct 2026 | $208.79 | $194.14 | $181.88 |
| 4 Nov 2026 | $211.15 | $195.22 | $182.45 |
Price stage: Sideways from Oct 2025 to Jan 2026; Rising from Jan 2026 to Mar 2026; Sideways from Mar 2026 to Apr 2026; Rising from May 2026 to Nov 2026.
Price stage: Falling from Nov 2023 to Apr 2024; Sideways from Apr 2024 to Jul 2024; Rising from Aug 2024 to Oct 2025; Sideways from Oct 2025 to Jan 2026; Rising from Jan 2026 to Mar 2026; Sideways from Mar 2026 to Apr 2026; Rising from May 2026 to Nov 2026.
Price stage: Sideways from Oct 2021 to Dec 2021; Rising from Jan 2022 to Jun 2022; Sideways from Jul 2022 to Nov 2022; Sideways from Nov 2022 to Apr 2023; Falling from May 2023 to Jun 2023; Sideways from Jun 2023 to Jul 2023; Sideways from Aug 2023 to Nov 2023; Falling from Nov 2023 to Apr 2024; Sideways from Apr 2024 to Jul 2024; Rising from Aug 2024 to Oct 2025; Sideways from Oct 2025 to Jan 2026; Rising from Jan 2026 to Mar 2026; Sideways from Mar 2026 to Apr 2026; Rising from May 2026 to Nov 2026.
Price stage: Sideways from Dec 2017 to Apr 2018; Falling from Apr 2018 to Jan 2019; Sideways from Feb 2019 to May 2019; Falling from May 2019 to Oct 2019; Sideways from Oct 2019 to Feb 2020; Sideways from Mar 2020 to May 2020; Falling from May 2020 to Nov 2020; Sideways from Nov 2020 to Mar 2021; Rising from Apr 2021 to Oct 2021; Sideways from Oct 2021 to Dec 2021; Rising from Jan 2022 to May 2022; Sideways from Jun 2022 to Nov 2022; Sideways from Dec 2022 to Jul 2023; Sideways from Aug 2023 to Jan 2024; Falling from Jan 2024 to Mar 2024; Sideways from Apr 2024 to Jul 2024; Rising from Aug 2024 to Sep 2025; Sideways from Oct 2025 to Jan 2026; Rising from Jan 2026 to Nov 2026.
Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?
Ahead in 221 of 527 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 8 Jul 2016 | no S&P 500 reading |
| 15 Jul 2016 | no S&P 500 reading |
| 22 Jul 2016 | no S&P 500 reading |
| 29 Jul 2016 | no S&P 500 reading |
| 5 Aug 2016 | no S&P 500 reading |
| 12 Aug 2016 | no S&P 500 reading |
| 19 Aug 2016 | no S&P 500 reading |
| 26 Aug 2016 | no S&P 500 reading |
| 2 Sep 2016 | no S&P 500 reading |
| 9 Sep 2016 | no S&P 500 reading |
| 16 Sep 2016 | no S&P 500 reading |
| 23 Sep 2016 | no S&P 500 reading |
| 30 Sep 2016 | no S&P 500 reading |
| 7 Oct 2016 | −8.0% |
| 14 Oct 2016 | −6.3% |
| 21 Oct 2016 | −2.0% |
| 28 Oct 2016 | −1.8% |
| 4 Nov 2016 | +0.9% |
| 11 Nov 2016 | −9.2% |
| 18 Nov 2016 | −10.8% |
| 25 Nov 2016 | −11.8% |
| 2 Dec 2016 | −14.1% |
| 9 Dec 2016 | −13.7% |
| 16 Dec 2016 | −13.1% |
| 23 Dec 2016 | −14.3% |
| 30 Dec 2016 | −9.2% |
| 6 Jan 2017 | −10.0% |
| 13 Jan 2017 | −12.2% |
| 20 Jan 2017 | −7.8% |
| 27 Jan 2017 | −7.7% |
| 3 Feb 2017 | −4.1% |
| 10 Feb 2017 | +8.4% |
| 17 Feb 2017 | +8.8% |
| 24 Feb 2017 | +13.8% |
| 3 Mar 2017 | +16.6% |
| 10 Mar 2017 | +17.6% |
| 17 Mar 2017 | +18.4% |
| 24 Mar 2017 | +18.5% |
| 31 Mar 2017 | +17.9% |
| 7 Apr 2017 | +20.2% |
| 13 Apr 2017 | +22.7% |
| 21 Apr 2017 | +12.5% |
| 28 Apr 2017 | +11.1% |
| 5 May 2017 | +6.5% |
| 12 May 2017 | +5.6% |
| 19 May 2017 | +9.3% |
| 26 May 2017 | +9.1% |
| 2 Jun 2017 | +8.1% |
| 9 Jun 2017 | +6.3% |
| 16 Jun 2017 | +5.5% |
| 23 Jun 2017 | +3.0% |
| 30 Jun 2017 | +1.5% |
| 7 Jul 2017 | +0.8% |
| 14 Jul 2017 | −0.2% |
| 21 Jul 2017 | +3.8% |
| 28 Jul 2017 | +3.2% |
| 4 Aug 2017 | −1.0% |
| 11 Aug 2017 | +0.7% |
| 18 Aug 2017 | −1.3% |
| 25 Aug 2017 | −5.4% |
| 1 Sep 2017 | −4.8% |
| 8 Sep 2017 | −3.8% |
| 15 Sep 2017 | −7.7% |
| 22 Sep 2017 | −8.5% |
| 29 Sep 2017 | −9.4% |
| 6 Oct 2017 | −10.7% |
| 13 Oct 2017 | −8.1% |
| 20 Oct 2017 | −12.6% |
| 27 Oct 2017 | −15.0% |
| 3 Nov 2017 | −15.0% |
| 10 Nov 2017 | −16.0% |
| 17 Nov 2017 | −17.2% |
| 24 Nov 2017 | −16.6% |
| 1 Dec 2017 | −18.7% |
| 8 Dec 2017 | −16.6% |
| 15 Dec 2017 | −12.2% |
| 22 Dec 2017 | −14.2% |
| 29 Dec 2017 | −11.0% |
| 5 Jan 2018 | −13.8% |
| 12 Jan 2018 | −17.3% |
| 19 Jan 2018 | −9.6% |
| 26 Jan 2018 | −7.2% |
| 2 Feb 2018 | −5.8% |
| 9 Feb 2018 | −4.3% |
| 16 Feb 2018 | −4.3% |
| 23 Feb 2018 | −2.7% |
| 2 Mar 2018 | +1.2% |
| 9 Mar 2018 | −3.4% |
| 16 Mar 2018 | −8.6% |
| 23 Mar 2018 | −5.1% |
| 29 Mar 2018 | −4.5% |
| 6 Apr 2018 | +1.9% |
| 13 Apr 2018 | +2.1% |
| 20 Apr 2018 | −17.7% |
| 27 Apr 2018 | −18.1% |
| 4 May 2018 | −17.4% |
| 11 May 2018 | −23.1% |
| 18 May 2018 | −21.9% |
| 25 May 2018 | −23.4% |
| 1 Jun 2018 | −28.5% |
| 8 Jun 2018 | −26.4% |
| 15 Jun 2018 | −21.9% |
| 22 Jun 2018 | −22.6% |
| 29 Jun 2018 | −21.9% |
| 6 Jul 2018 | −24.6% |
| 13 Jul 2018 | −24.3% |
| 20 Jul 2018 | −4.9% |
| 27 Jul 2018 | −2.1% |
| 3 Aug 2018 | −0.5% |
| 10 Aug 2018 | −2.1% |
| 17 Aug 2018 | +0.3% |
| 24 Aug 2018 | −6.5% |
| 31 Aug 2018 | −6.5% |
| 7 Sep 2018 | −4.4% |
| 14 Sep 2018 | −8.1% |
| 21 Sep 2018 | −1.8% |
| 28 Sep 2018 | −6.2% |
| 5 Oct 2018 | −2.3% |
| 12 Oct 2018 | +0.9% |
| 19 Oct 2018 | +6.6% |
| 26 Oct 2018 | +9.8% |
| 2 Nov 2018 | +6.3% |
| 9 Nov 2018 | +9.9% |
| 16 Nov 2018 | +5.5% |
| 23 Nov 2018 | +13.9% |
| 30 Nov 2018 | +16.1% |
| 7 Dec 2018 | +15.9% |
| 14 Dec 2018 | +14.5% |
| 21 Dec 2018 | −3.4% |
| 28 Dec 2018 | −2.7% |
| 4 Jan 2019 | −5.0% |
| 11 Jan 2019 | −9.4% |
| 18 Jan 2019 | −13.4% |
| 25 Jan 2019 | −18.5% |
| 1 Feb 2019 | −14.0% |
| 8 Feb 2019 | −7.7% |
| 15 Feb 2019 | −4.7% |
| 22 Feb 2019 | −2.3% |
| 1 Mar 2019 | −0.6% |
| 8 Mar 2019 | −0.7% |
| 15 Mar 2019 | +2.1% |
| 22 Mar 2019 | +21.7% |
| 29 Mar 2019 | +17.4% |
| 5 Apr 2019 | +8.5% |
| 12 Apr 2019 | +11.4% |
| 18 Apr 2019 | +5.7% |
| 26 Apr 2019 | +6.1% |
| 3 May 2019 | +4.3% |
| 10 May 2019 | −0.8% |
| 17 May 2019 | +1.0% |
| 24 May 2019 | −4.2% |
| 31 May 2019 | −10.0% |
| 7 Jun 2019 | −15.4% |
| 14 Jun 2019 | −17.9% |
| 21 Jun 2019 | −18.4% |
| 28 Jun 2019 | −14.9% |
| 5 Jul 2019 | −9.7% |
| 12 Jul 2019 | −8.1% |
| 19 Jul 2019 | +2.6% |
| 26 Jul 2019 | −1.5% |
| 2 Aug 2019 | −1.3% |
| 9 Aug 2019 | −3.5% |
| 16 Aug 2019 | −3.2% |
| 23 Aug 2019 | −4.8% |
| 30 Aug 2019 | −12.8% |
| 6 Sep 2019 | −10.3% |
| 13 Sep 2019 | −9.5% |
| 20 Sep 2019 | −11.6% |
| 27 Sep 2019 | −5.1% |
| 4 Oct 2019 | −0.9% |
| 11 Oct 2019 | −3.4% |
| 18 Oct 2019 | −9.5% |
| 25 Oct 2019 | −4.5% |
| 1 Nov 2019 | −6.0% |
| 8 Nov 2019 | −4.8% |
| 15 Nov 2019 | −8.1% |
| 22 Nov 2019 | −7.7% |
| 29 Nov 2019 | +7.6% |
| 6 Dec 2019 | +8.4% |
| 13 Dec 2019 | +10.5% |
| 20 Dec 2019 | +12.2% |
| 27 Dec 2019 | +5.6% |
| 3 Jan 2020 | −0.9% |
| 10 Jan 2020 | +2.3% |
| 17 Jan 2020 | −1.3% |
| 24 Jan 2020 | −3.9% |
| 31 Jan 2020 | −5.4% |
| 7 Feb 2020 | −2.9% |
| 14 Feb 2020 | −3.9% |
| 21 Feb 2020 | +1.6% |
| 28 Feb 2020 | +4.5% |
| 6 Mar 2020 | +10.4% |
| 13 Mar 2020 | +9.0% |
| 20 Mar 2020 | +0.3% |
| 27 Mar 2020 | +1.6% |
| 3 Apr 2020 | +9.4% |
| 9 Apr 2020 | +0.7% |
| 17 Apr 2020 | +1.6% |
| 24 Apr 2020 | −0.6% |
| 1 May 2020 | +0.7% |
| 8 May 2020 | −5.7% |
| 15 May 2020 | −8.2% |
| 22 May 2020 | −10.0% |
| 29 May 2020 | −13.1% |
| 5 Jun 2020 | −20.4% |
| 12 Jun 2020 | −24.4% |
| 19 Jun 2020 | −16.7% |
| 26 Jun 2020 | −18.8% |
| 2 Jul 2020 | −29.9% |
| 10 Jul 2020 | −17.3% |
| 17 Jul 2020 | −16.0% |
| 24 Jul 2020 | −9.1% |
| 31 Jul 2020 | −10.6% |
| 7 Aug 2020 | −6.8% |
| 14 Aug 2020 | −3.0% |
| 21 Aug 2020 | −4.1% |
| 28 Aug 2020 | −5.1% |
| 4 Sep 2020 | −3.0% |
| 11 Sep 2020 | +5.5% |
| 18 Sep 2020 | +1.0% |
| 25 Sep 2020 | −0.1% |
| 2 Oct 2020 | −1.2% |
| 9 Oct 2020 | −1.1% |
| 16 Oct 2020 | −2.3% |
| 23 Oct 2020 | −10.9% |
| 30 Oct 2020 | −7.5% |
| 6 Nov 2020 | −13.8% |
| 13 Nov 2020 | −8.7% |
| 20 Nov 2020 | −6.4% |
| 27 Nov 2020 | −9.7% |
| 4 Dec 2020 | −5.9% |
| 11 Dec 2020 | −5.0% |
| 18 Dec 2020 | −1.4% |
| 24 Dec 2020 | −2.8% |
| 31 Dec 2020 | −0.8% |
| 8 Jan 2021 | −4.6% |
| 15 Jan 2021 | −6.1% |
| 22 Jan 2021 | −2.4% |
| 29 Jan 2021 | −1.2% |
| 5 Feb 2021 | +8.9% |
| 12 Feb 2021 | +3.8% |
| 19 Feb 2021 | +1.6% |
| 26 Feb 2021 | +6.1% |
| 5 Mar 2021 | +3.0% |
| 12 Mar 2021 | −4.4% |
| 19 Mar 2021 | −1.8% |
| 26 Mar 2021 | +2.5% |
| 1 Apr 2021 | −0.8% |
| 9 Apr 2021 | +1.7% |
| 16 Apr 2021 | +3.7% |
| 23 Apr 2021 | +8.4% |
| 30 Apr 2021 | +6.5% |
| 7 May 2021 | +6.7% |
| 14 May 2021 | +7.3% |
| 21 May 2021 | +7.6% |
| 28 May 2021 | +4.3% |
| 4 Jun 2021 | +3.5% |
| 11 Jun 2021 | +5.0% |
| 18 Jun 2021 | +5.0% |
| 25 Jun 2021 | +1.6% |
| 2 Jul 2021 | +5.6% |
| 9 Jul 2021 | +3.3% |
| 16 Jul 2021 | +3.1% |
| 23 Jul 2021 | −1.6% |
| 30 Jul 2021 | +0.3% |
| 6 Aug 2021 | −3.0% |
| 13 Aug 2021 | −3.1% |
| 20 Aug 2021 | −2.7% |
| 27 Aug 2021 | −1.3% |
| 3 Sep 2021 | +1.2% |
| 10 Sep 2021 | −0.2% |
| 17 Sep 2021 | −4.0% |
| 24 Sep 2021 | −1.2% |
| 1 Oct 2021 | −4.3% |
| 8 Oct 2021 | −4.6% |
| 15 Oct 2021 | −3.9% |
| 22 Oct 2021 | −4.5% |
| 29 Oct 2021 | −10.3% |
| 5 Nov 2021 | −10.8% |
| 12 Nov 2021 | −11.5% |
| 19 Nov 2021 | −16.6% |
| 26 Nov 2021 | −15.1% |
| 3 Dec 2021 | −15.8% |
| 10 Dec 2021 | −18.7% |
| 17 Dec 2021 | −12.4% |
| 23 Dec 2021 | −14.7% |
| 31 Dec 2021 | −10.5% |
| 7 Jan 2022 | −2.5% |
| 14 Jan 2022 | +0.9% |
| 21 Jan 2022 | +9.6% |
| 28 Jan 2022 | +13.3% |
| 4 Feb 2022 | +14.1% |
| 11 Feb 2022 | +19.7% |
| 18 Feb 2022 | +30.9% |
| 25 Feb 2022 | +23.3% |
| 4 Mar 2022 | +16.3% |
| 11 Mar 2022 | +9.5% |
| 18 Mar 2022 | +3.8% |
| 25 Mar 2022 | +4.4% |
| 1 Apr 2022 | +6.5% |
| 8 Apr 2022 | +4.9% |
| 14 Apr 2022 | +4.2% |
| 22 Apr 2022 | +2.5% |
| 29 Apr 2022 | +3.4% |
| 6 May 2022 | +3.8% |
| 13 May 2022 | +5.5% |
| 20 May 2022 | +0.9% |
| 27 May 2022 | +6.8% |
| 3 Jun 2022 | +10.7% |
| 10 Jun 2022 | +22.4% |
| 17 Jun 2022 | +22.0% |
| 24 Jun 2022 | +24.5% |
| 1 Jul 2022 | +18.9% |
| 8 Jul 2022 | +7.0% |
| 15 Jul 2022 | +0.6% |
| 22 Jul 2022 | +0.7% |
| 29 Jul 2022 | −2.8% |
| 5 Aug 2022 | −1.9% |
| 12 Aug 2022 | −11.3% |
| 19 Aug 2022 | −9.4% |
| 26 Aug 2022 | −7.3% |
| 2 Sep 2022 | −6.0% |
| 9 Sep 2022 | −9.5% |
| 16 Sep 2022 | −7.8% |
| 23 Sep 2022 | −5.6% |
| 30 Sep 2022 | −10.4% |
| 7 Oct 2022 | −3.2% |
| 14 Oct 2022 | +1.7% |
| 21 Oct 2022 | −4.6% |
| 28 Oct 2022 | +0.8% |
| 4 Nov 2022 | +1.2% |
| 11 Nov 2022 | +1.9% |
| 18 Nov 2022 | +2.3% |
| 25 Nov 2022 | +2.5% |
| 2 Dec 2022 | +6.6% |
| 9 Dec 2022 | +8.5% |
| 16 Dec 2022 | +5.5% |
| 23 Dec 2022 | +6.7% |
| 30 Dec 2022 | +14.9% |
| 6 Jan 2023 | +15.3% |
| 13 Jan 2023 | +7.9% |
| 20 Jan 2023 | +11.9% |
| 27 Jan 2023 | +7.9% |
| 3 Feb 2023 | +4.4% |
| 10 Feb 2023 | +6.0% |
| 17 Feb 2023 | +2.9% |
| 24 Feb 2023 | +1.8% |
| 3 Mar 2023 | −4.2% |
| 10 Mar 2023 | −1.8% |
| 17 Mar 2023 | −7.2% |
| 24 Mar 2023 | −14.1% |
| 31 Mar 2023 | −11.0% |
| 6 Apr 2023 | −9.7% |
| 14 Apr 2023 | −5.7% |
| 21 Apr 2023 | −8.1% |
| 28 Apr 2023 | −6.2% |
| 5 May 2023 | −6.9% |
| 12 May 2023 | −7.9% |
| 19 May 2023 | −11.3% |
| 26 May 2023 | −13.8% |
| 2 Jun 2023 | −13.4% |
| 9 Jun 2023 | −17.3% |
| 16 Jun 2023 | −12.6% |
| 23 Jun 2023 | −3.3% |
| 30 Jun 2023 | −7.9% |
| 7 Jul 2023 | −8.5% |
| 14 Jul 2023 | −8.9% |
| 21 Jul 2023 | −10.0% |
| 28 Jul 2023 | −10.0% |
| 4 Aug 2023 | −7.6% |
| 11 Aug 2023 | −7.2% |
| 18 Aug 2023 | −3.0% |
| 25 Aug 2023 | −0.1% |
| 1 Sep 2023 | −1.2% |
| 8 Sep 2023 | −2.5% |
| 15 Sep 2023 | +0.1% |
| 22 Sep 2023 | −0.8% |
| 29 Sep 2023 | −1.6% |
| 6 Oct 2023 | −3.6% |
| 13 Oct 2023 | −3.3% |
| 20 Oct 2023 | +1.8% |
| 27 Oct 2023 | −2.3% |
| 3 Nov 2023 | −2.2% |
| 10 Nov 2023 | −5.6% |
| 17 Nov 2023 | −5.8% |
| 24 Nov 2023 | −4.3% |
| 1 Dec 2023 | −3.5% |
| 8 Dec 2023 | −5.8% |
| 15 Dec 2023 | −7.2% |
| 22 Dec 2023 | −12.1% |
| 29 Dec 2023 | −9.6% |
| 5 Jan 2024 | −5.5% |
| 12 Jan 2024 | −7.2% |
| 19 Jan 2024 | −14.8% |
| 26 Jan 2024 | −14.8% |
| 2 Feb 2024 | −12.1% |
| 9 Feb 2024 | −14.4% |
| 16 Feb 2024 | −13.3% |
| 23 Feb 2024 | −14.5% |
| 1 Mar 2024 | −16.2% |
| 8 Mar 2024 | −9.7% |
| 15 Mar 2024 | −8.8% |
| 22 Mar 2024 | −12.3% |
| 28 Mar 2024 | −12.7% |
| 5 Apr 2024 | −16.9% |
| 12 Apr 2024 | −13.9% |
| 19 Apr 2024 | −1.1% |
| 26 Apr 2024 | +0.3% |
| 3 May 2024 | +1.3% |
| 10 May 2024 | +7.9% |
| 17 May 2024 | +5.4% |
| 24 May 2024 | +4.9% |
| 31 May 2024 | +10.0% |
| 7 Jun 2024 | +7.4% |
| 14 Jun 2024 | +1.9% |
| 21 Jun 2024 | +5.5% |
| 28 Jun 2024 | +6.6% |
| 5 Jul 2024 | +7.1% |
| 12 Jul 2024 | +9.6% |
| 19 Jul 2024 | +3.4% |
| 26 Jul 2024 | +12.2% |
| 2 Aug 2024 | +16.7% |
| 9 Aug 2024 | +14.1% |
| 16 Aug 2024 | +13.6% |
| 23 Aug 2024 | +14.1% |
| 30 Aug 2024 | +14.7% |
| 6 Sep 2024 | +20.2% |
| 13 Sep 2024 | +19.4% |
| 20 Sep 2024 | +16.5% |
| 27 Sep 2024 | +14.0% |
| 4 Oct 2024 | +13.3% |
| 11 Oct 2024 | +9.9% |
| 18 Oct 2024 | +5.7% |
| 25 Oct 2024 | +8.2% |
| 1 Nov 2024 | +3.7% |
| 8 Nov 2024 | −3.4% |
| 15 Nov 2024 | +3.2% |
| 22 Nov 2024 | +2.3% |
| 29 Nov 2024 | +1.0% |
| 6 Dec 2024 | −8.7% |
| 13 Dec 2024 | −6.7% |
| 20 Dec 2024 | −1.2% |
| 27 Dec 2024 | −3.4% |
| 3 Jan 2025 | −0.9% |
| 10 Jan 2025 | −2.6% |
| 17 Jan 2025 | −1.1% |
| 24 Jan 2025 | −7.0% |
| 31 Jan 2025 | −5.7% |
| 7 Feb 2025 | +14.0% |
| 14 Feb 2025 | +12.9% |
| 21 Feb 2025 | +18.0% |
| 28 Feb 2025 | +18.1% |
| 7 Mar 2025 | +20.9% |
| 14 Mar 2025 | +26.8% |
| 21 Mar 2025 | +26.5% |
| 28 Mar 2025 | +34.4% |
| 4 Apr 2025 | +38.1% |
| 11 Apr 2025 | +39.4% |
| 17 Apr 2025 | +46.1% |
| 25 Apr 2025 | +43.2% |
| 2 May 2025 | +37.1% |
| 9 May 2025 | +23.6% |
| 16 May 2025 | +15.8% |
| 23 May 2025 | +18.9% |
| 30 May 2025 | +17.1% |
| 6 Jun 2025 | +16.4% |
| 13 Jun 2025 | +15.3% |
| 20 Jun 2025 | +15.6% |
| 27 Jun 2025 | +6.0% |
| 3 Jul 2025 | −5.0% |
| 11 Jul 2025 | +0.1% |
| 18 Jul 2025 | −9.7% |
| 25 Jul 2025 | −21.2% |
| 1 Aug 2025 | −14.3% |
| 8 Aug 2025 | −12.6% |
| 15 Aug 2025 | −10.8% |
| 22 Aug 2025 | −15.0% |
| 29 Aug 2025 | −16.9% |
| 5 Sep 2025 | −19.1% |
| 12 Sep 2025 | −20.0% |
| 19 Sep 2025 | −22.8% |
| 26 Sep 2025 | −16.5% |
| 3 Oct 2025 | −21.3% |
| 10 Oct 2025 | −15.5% |
| 17 Oct 2025 | −17.4% |
| 24 Oct 2025 | −8.4% |
| 31 Oct 2025 | −21.1% |
| 7 Nov 2025 | −15.2% |
| 14 Nov 2025 | −10.9% |
| 21 Nov 2025 | −11.7% |
| 28 Nov 2025 | −11.7% |
| 5 Dec 2025 | −14.4% |
| 12 Dec 2025 | −11.2% |
| 19 Dec 2025 | −6.3% |
| 26 Dec 2025 | −6.6% |
| 2 Jan 2026 | +2.5% |
| 9 Jan 2026 | −5.0% |
| 16 Jan 2026 | +5.7% |
| 23 Jan 2026 | +8.0% |
| 30 Jan 2026 | +22.9% |
| 6 Feb 2026 | +16.3% |
| 13 Feb 2026 | +19.2% |
| 20 Feb 2026 | +13.5% |
| 27 Feb 2026 | +18.3% |
| 6 Mar 2026 | +16.9% |
| 13 Mar 2026 | +16.5% |
| 20 Mar 2026 | +8.7% |
| 27 Mar 2026 | +9.7% |
| 2 Apr 2026 | +2.6% |
| 10 Apr 2026 | +0.8% |
| 17 Apr 2026 | −11.8% |
| 24 Apr 2026 | −8.7% |
| 1 May 2026 | −11.4% |
| 8 May 2026 | −13.3% |
| 15 May 2026 | −7.3% |
| 22 May 2026 | −5.1% |
| 29 May 2026 | −15.3% |
| 5 Jun 2026 | −4.8% |
| 12 Jun 2026 | −6.5% |
| 18 Jun 2026 | −5.8% |
| 26 Jun 2026 | −4.4% |
| 2 Jul 2026 | +1.7% |
| 10 Jul 2026 | +2.1% |
| 17 Jul 2026 | +17.6% |
| 24 Jul 2026 | +14.0% |
| 31 Jul 2026 | +11.0% |
| 7 Aug 2026 | +6.0% |
| 14 Aug 2026 | −4.6% |
| 21 Aug 2026 | −3.1% |
| 28 Aug 2026 | +6.5% |
| 4 Sep 2026 | −2.0% |
| 11 Sep 2026 | +0.6% |
| 18 Sep 2026 | +3.7% |
| 25 Sep 2026 | −0.4% |
| 2 Oct 2026 | −0.5% |
| 9 Oct 2026 | +7.6% |
| 16 Oct 2026 | +3.6% |
| 23 Oct 2026 | +0.5% |
| 30 Oct 2026 | +8.3% |
| 4 Nov 2026 | +12.2% |
Over the last 10 years the share price moved +105% while the S&P 500 moved +261%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Philip Morris International pay?
Philip Morris International Inc. paid $6.01 per share over the last four reported quarters. The most recent declaration was $1.60 for Sep 2026. At today's price of $211.15 that is a yield of 2.85%, based on dividends already paid, not a forecast.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
Dividend per share each quarter: latest $1.60 (Sep 2026)
- Dividend per share $1.60
| Quarter | Dividend per share |
|---|---|
| Dec 2023 | $1.30 |
| Mar 2024 | $1.30 |
| Jun 2024 | $1.30 |
| Sep 2024 | $1.35 |
| Dec 2024 | $1.35 |
| Mar 2025 | $1.35 |
| Jun 2025 | $1.35 |
| Sep 2025 | $1.47 |
| Dec 2025 | $1.47 |
| Mar 2026 | $1.47 |
| Jun 2026 | $1.47 |
| Sep 2026 | $1.60 |
Which stock lists is Philip Morris International on?
Philip Morris International is on one of our US lists: S&P 500 companies.
Is Philip Morris International profitable?
Philip Morris International Inc. earned $3.3 B of net profit in the Sep 2026 quarter, −4.7% on the same quarter a year earlier. Full-year FY25 profit was $11.3 B. Over 4 years profit has grown 5.6% a year on average. That is 28.9% of the quarter's revenue. The same quarter a year earlier earned $3.5 B.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
1 of the last 12 reported quarters were loss-making.
For the full year, FY25 profit was $11.3 B (+60.9% on the year before).
FY25 profit $11.3 B (+60.9% on the year before), 5.6% a year over 4 years
- Net profit $11.3 B
| Quarter | Net profit |
|---|---|
| FY21 | $9.1 B |
| FY22 | $9.0 B |
| FY23 | $7.8 B |
| FY24 | $7.0 B |
| FY25 | $11.3 B |
Growth on a year earlier
- Growth on a year earlier 60.9%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | −0.6% |
| FY23 | −13.7% |
| FY24 | −9.7% |
| FY25 | 60.9% |
Sep 2026: $3.3 B (−4.7% on a year earlier)
- Net profit (quarterly) $3.3 B
| Quarter | Net profit (quarterly) |
|---|---|
| Dec 2023 | $2.2 B |
| Mar 2024 | $2.1 B |
| Jun 2024 | $2.4 B |
| Sep 2024 | $3.1 B |
| Dec 2024 | −$580 M |
| Mar 2025 | $2.7 B |
| Jun 2025 | $3.0 B |
| Sep 2025 | $3.5 B |
| Dec 2025 | $2.1 B |
| Mar 2026 | $2.4 B |
| Jun 2026 | $2.8 B |
| Sep 2026 | $3.3 B |
Growth on a year earlier
- Growth on a year earlier −4.7%
| Quarter | Growth on a year earlier |
|---|---|
| Dec 2023 | −8.4% |
| Mar 2024 | 7.7% |
| Jun 2024 | 53.5% |
| Sep 2024 | 50% |
| Dec 2024 | −126.5% |
| Mar 2025 | 25.2% |
| Jun 2025 | 26.3% |
| Sep 2025 | 12.9% |
| Dec 2025 | – |
| Mar 2026 | −9.4% |
| Jun 2026 | −7.3% |
| Sep 2026 | −4.7% |
Why profit moved: revenue changed +5.5% on a year earlier and the margin moved +1.3 percentage points. Sales did the work, and the margin was about flat.
On average over the last four quarters, profit changed −7.1% and revenue +7.9%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does Philip Morris International make, and is it growing?
Philip Morris International Inc. reported $11.4 B of revenue in the Sep 2026 quarter, +5.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 6.7% a year on average. The last full year, FY25, came in at $40.6 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $43.1 B.
FY25 revenue was $40.6 B, +7.3% on the year before.
FY25 revenue $40.6 B (+7.3% on the year before), 6.7% a year over 4 years
- Revenue $40.6 B
| Quarter | Revenue |
|---|---|
| FY21 | $31.4 B |
| FY22 | $31.8 B |
| FY23 | $35.2 B |
| FY24 | $37.9 B |
| FY25 | $40.6 B |
Growth on a year earlier
- Growth on a year earlier 7.3%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 1.1% |
| FY23 | 10.7% |
| FY24 | 7.7% |
| FY25 | 7.3% |
Sep 2026: $11.4 B (+5.5% on a year earlier), the 12th quarter in a row of growth
- Revenue (quarterly) $11.4 B
| Quarter | Revenue (quarterly) |
|---|---|
| Dec 2023 | $9.0 B |
| Mar 2024 | $8.8 B |
| Jun 2024 | $9.5 B |
| Sep 2024 | $9.9 B |
| Dec 2024 | $9.7 B |
| Mar 2025 | $9.3 B |
| Jun 2025 | $10.1 B |
| Sep 2025 | $10.8 B |
| Dec 2025 | $10.4 B |
| Mar 2026 | $10.1 B |
| Jun 2026 | $11.2 B |
| Sep 2026 | $11.4 B |
Growth on a year earlier
- Growth on a year earlier 5.5%
| Quarter | Growth on a year earlier |
|---|---|
| Dec 2023 | 11% |
| Mar 2024 | 9.7% |
| Jun 2024 | 5.6% |
| Sep 2024 | 8.4% |
| Dec 2024 | 7.3% |
| Mar 2025 | 5.8% |
| Jun 2025 | 7.1% |
| Sep 2025 | 9.4% |
| Dec 2025 | 6.8% |
| Mar 2026 | 9.1% |
| Jun 2026 | 10.4% |
| Sep 2026 | 5.5% |
Recent pace: the last four quarters grew +7.9% on average, against 6.7% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +7.9%, against +7.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +24.2%, against +4.4% a year (accelerating).
How much of every $100 of sales does Philip Morris International keep?
Philip Morris International Inc.'s operating margin was 41.9% in the Sep 2026 quarter, 1.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between 34.9% and 41.6%. The latest quarter is above every full year in that period.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +1.3 percentage points on the year while gross margin changed +0.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged.
FY25: 41.1%, within a range of 34.9% to 41.6% over 5 years
- Operating margin 41.1%
| Quarter | Operating margin |
|---|---|
| FY21 | 41.6% |
| FY22 | 40.3% |
| FY23 | 37.6% |
| FY24 | 34.9% |
| FY25 | 41.1% |
Change on the year before (points)
- Change on the year before (points) +6.2 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −1.3 pts |
| FY23 | −2.7 pts |
| FY24 | −2.7 pts |
| FY25 | +6.2 pts |
Sep 2026: operating margin 41.9% (+1.3 points on a year earlier)
- Operating margin 41.9%
| Quarter | Operating margin |
|---|---|
| Dec 2023 | 40.8% |
| Mar 2024 | 30.6% |
| Jun 2024 | 37.3% |
| Sep 2024 | 43.4% |
| Dec 2024 | 27.8% |
| Mar 2025 | 41% |
| Jun 2025 | 50.1% |
| Sep 2025 | 40.6% |
| Dec 2025 | 32.9% |
| Mar 2026 | 36% |
| Jun 2026 | 40% |
| Sep 2026 | 41.9% |
Change on a year earlier (points)
- Change on a year earlier (points) +1.3 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Dec 2023 | +8.1 pts |
| Mar 2024 | −4.8 pts |
| Jun 2024 | +0.8 pts |
| Sep 2024 | +7.5 pts |
| Dec 2024 | −13.0 pts |
| Mar 2025 | +10.4 pts |
| Jun 2025 | +12.8 pts |
| Sep 2025 | −2.8 pts |
| Dec 2025 | +5.1 pts |
| Mar 2026 | −5.0 pts |
| Jun 2026 | −10.1 pts |
| Sep 2026 | +1.3 pts |
Is Philip Morris International's profit turning into cash?
Over the last 3 years, 129% of Philip Morris International Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $12.2 B of operating cash against $11.3 B of profit. After $1.6 B of spending on assets, $10.7 B was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $12.2 B against profit $11.3 B; 129% of 3 years' profit came in as cash
- Operating cash $12.2 B
- Net profit $11.3 B
- Free cash $10.7 B
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $12.0 B | $9.1 B | $11.2 B |
| FY22 | $10.8 B | $9.0 B | $9.7 B |
| FY23 | $9.2 B | $7.8 B | $7.9 B |
| FY24 | $12.2 B | $7.0 B | $10.8 B |
| FY25 | $12.2 B | $11.3 B | $10.7 B |
Sep 2026: operating cash $5.4 B = 162% of the quarter's profit
- Operating cash (quarterly) $5.4 B
| Quarter | Operating cash (quarterly) |
|---|---|
| Dec 2023 | $3.3 B |
| Mar 2024 | $241 M |
| Jun 2024 | $4.6 B |
| Sep 2024 | $3.3 B |
| Dec 2024 | $4.0 B |
| Mar 2025 | −$350 M |
| Jun 2025 | $3.4 B |
| Sep 2025 | $4.5 B |
| Dec 2025 | $4.7 B |
| Mar 2026 | −$399 M |
| Jun 2026 | $5.5 B |
| Sep 2026 | $5.4 B |
Operating cash as % of profit
- Operating cash as % of profit 162%
| Quarter | Operating cash as % of profit |
|---|---|
| Dec 2023 | 151% |
| Mar 2024 | 11% |
| Jun 2024 | 193% |
| Sep 2024 | 109% |
| Dec 2024 | – |
| Mar 2025 | −13% |
| Jun 2025 | 113% |
| Sep 2025 | 129% |
| Dec 2025 | 221% |
| Mar 2026 | −16% |
| Jun 2026 | 195% |
| Sep 2026 | 162% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Philip Morris International's cash go?
Philip Morris International Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $4.3 B on assets over the last 3 years. Averaged over those years that is 3.6% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $4.3 B over the last 3 years.
FY25: capex $1.6 B, steady spending
- Capex $1.6 B
| Quarter | Capex |
|---|---|
| FY21 | $748 M |
| FY22 | $1.1 B |
| FY23 | $1.3 B |
| FY24 | $1.4 B |
| FY25 | $1.6 B |
Sep 2026: capex $382 M in the quarter
- Capex (quarterly) $382 M
| Quarter | Capex (quarterly) |
|---|---|
| Dec 2023 | $311 M |
| Mar 2024 | $417 M |
| Jun 2024 | $370 M |
| Sep 2024 | $379 M |
| Dec 2024 | $278 M |
| Mar 2025 | $404 M |
| Jun 2025 | $356 M |
| Sep 2025 | $365 M |
| Dec 2025 | $444 M |
| Mar 2026 | $353 M |
| Jun 2026 | $380 M |
| Sep 2026 | $382 M |
Free cash
- Free cash $5.0 B
| Quarter | Free cash |
|---|---|
| Dec 2023 | $3.0 B |
| Mar 2024 | −$176 M |
| Jun 2024 | $4.3 B |
| Sep 2024 | $3.0 B |
| Dec 2024 | $3.7 B |
| Mar 2025 | −$754 M |
| Jun 2025 | $3.1 B |
| Sep 2025 | $4.1 B |
| Dec 2025 | $4.3 B |
| Mar 2026 | −$752 M |
| Jun 2026 | $5.1 B |
| Sep 2026 | $5.0 B |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Philip Morris International's P/E ratio, and how does it compare with its own history?
Philip Morris International Inc.'s P/E is 30.8×, near the high end of its own history: higher than 87% of past readings. Its usual P/E (the middle reading) is 19.5×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 30.8× against a usual 19.5×: near the high end of its own history: higher than 87% of past readings
- P/E 30.8×
- Median 19.5×
| Week | P/E | Median |
|---|---|---|
| 1 Apr 2022 | 16.7× | 19.5× |
| 14 Apr 2022 | 17.6× | 19.5× |
| 29 Apr 2022 | 17.3× | 19.5× |
| 13 May 2022 | 18.1× | 19.5× |
| 27 May 2022 | 18.5× | 19.5× |
| 10 Jun 2022 | 17.7× | 19.5× |
| 24 Jun 2022 | 17.9× | 19.5× |
| 8 Jul 2022 | 16.1× | 19.5× |
| 22 Jul 2022 | 16.5× | 19.5× |
| 5 Aug 2022 | 16.8× | 19.5× |
| 19 Aug 2022 | 17.2× | 19.5× |
| 2 Sep 2022 | 16.2× | 19.5× |
| 16 Sep 2022 | 16.4× | 19.5× |
| 30 Sep 2022 | 14.8× | 19.5× |
| 14 Oct 2022 | 15.2× | 19.5× |
| 28 Oct 2022 | 16.5× | 19.5× |
| 11 Nov 2022 | 16.8× | 19.5× |
| 25 Nov 2022 | 17.5× | 19.5× |
| 9 Dec 2022 | 18.2× | 19.5× |
| 23 Dec 2022 | 18.1× | 19.5× |
| 6 Jan 2023 | 17.8× | 19.5× |
| 20 Jan 2023 | 17.5× | 19.5× |
| 3 Feb 2023 | 17.7× | 19.5× |
| 17 Feb 2023 | 17.5× | 19.5× |
| 3 Mar 2023 | 17.1× | 19.5× |
| 17 Mar 2023 | 16.3× | 19.5× |
| 31 Mar 2023 | 17.4× | 19.5× |
| 14 Apr 2023 | 17.8× | 19.5× |
| 28 Apr 2023 | 17.9× | 19.5× |
| 12 May 2023 | 17.0× | 19.5× |
| 26 May 2023 | 16.3× | 19.5× |
| 9 Jun 2023 | 16.6× | 19.5× |
| 23 Jun 2023 | 17.2× | 19.5× |
| 7 Jul 2023 | 18.9× | 19.5× |
| 21 Jul 2023 | 18.9× | 19.5× |
| 4 Aug 2023 | 18.6× | 19.5× |
| 18 Aug 2023 | 18.3× | 19.5× |
| 1 Sep 2023 | 18.5× | 19.5× |
| 15 Sep 2023 | 18.5× | 19.5× |
| 29 Sep 2023 | 17.9× | 19.5× |
| 13 Oct 2023 | 17.9× | 19.5× |
| 27 Oct 2023 | 17.0× | 19.5× |
| 10 Nov 2023 | 17.4× | 19.5× |
| 24 Nov 2023 | 18.3× | 19.5× |
| 8 Dec 2023 | 17.7× | 19.5× |
| 22 Dec 2023 | 18.1× | 19.5× |
| 5 Jan 2024 | 19.0× | 19.5× |
| 19 Jan 2024 | 18.4× | 19.5× |
| 2 Feb 2024 | 18.5× | 19.5× |
| 16 Feb 2024 | 17.9× | 19.5× |
| 1 Mar 2024 | 17.9× | 19.5× |
| 15 Mar 2024 | 18.8× | 19.5× |
| 28 Mar 2024 | 18.3× | 19.5× |
| 12 Apr 2024 | 17.4× | 19.5× |
| 26 Apr 2024 | 18.6× | 19.5× |
| 10 May 2024 | 19.5× | 19.5× |
| 24 May 2024 | 19.5× | 19.5× |
| 7 Jun 2024 | 20.3× | 19.5× |
| 21 Jun 2024 | 19.5× | 19.5× |
| 5 Jul 2024 | 18.1× | 19.5× |
| 19 Jul 2024 | 19.0× | 19.5× |
| 2 Aug 2024 | 20.9× | 19.5× |
| 16 Aug 2024 | 20.9× | 19.5× |
| 30 Aug 2024 | 21.8× | 19.5× |
| 13 Sep 2024 | 22.2× | 19.5× |
| 27 Sep 2024 | 21.4× | 19.5× |
| 11 Oct 2024 | 19.1× | 19.5× |
| 25 Oct 2024 | 20.6× | 19.5× |
| 8 Nov 2024 | 20.0× | 19.5× |
| 22 Nov 2024 | 20.6× | 19.5× |
| 6 Dec 2024 | 20.7× | 19.5× |
| 20 Dec 2024 | 19.7× | 19.5× |
| 3 Jan 2025 | 27.0× | 19.5× |
| 17 Jan 2025 | 26.9× | 19.5× |
| 31 Jan 2025 | 28.8× | 19.5× |
| 14 Feb 2025 | 33.3× | 19.5× |
| 28 Feb 2025 | 34.4× | 19.5× |
| 14 Mar 2025 | 33.6× | 19.5× |
| 28 Mar 2025 | 34.4× | 19.5× |
| 11 Apr 2025 | 31.7× | 19.5× |
| 25 Apr 2025 | 35.0× | 19.5× |
| 9 May 2025 | 34.9× | 19.5× |
| 23 May 2025 | 36.7× | 19.5× |
| 6 Jun 2025 | 37.2× | 19.5× |
| 20 Jun 2025 | 37.2× | 19.5× |
| 3 Jul 2025 | 34.0× | 19.5× |
| 18 Jul 2025 | 34.0× | 19.5× |
| 1 Aug 2025 | 31.0× | 19.5× |
| 15 Aug 2025 | 31.6× | 19.5× |
| 29 Aug 2025 | 31.8× | 19.5× |
| 12 Sep 2025 | 31.6× | 19.5× |
| 26 Sep 2025 | 31.3× | 19.5× |
| 10 Oct 2025 | 29.1× | 19.5× |
| 24 Oct 2025 | 28.6× | 19.5× |
| 7 Nov 2025 | 27.8× | 19.5× |
| 21 Nov 2025 | 28.1× | 19.5× |
| 5 Dec 2025 | 26.8× | 19.5× |
| 19 Dec 2025 | 28.4× | 19.5× |
| 2 Jan 2026 | 22.1× | 19.5× |
| 16 Jan 2026 | 23.9× | 19.5× |
| 30 Jan 2026 | 24.7× | 19.5× |
| 13 Feb 2026 | 25.8× | 19.5× |
| 27 Feb 2026 | 25.7× | 19.5× |
| 13 Mar 2026 | 24.0× | 19.5× |
| 27 Mar 2026 | 22.5× | 19.5× |
| 10 Apr 2026 | 22.6× | 19.5× |
| 24 Apr 2026 | 23.1× | 19.5× |
| 8 May 2026 | 24.1× | 19.5× |
| 22 May 2026 | 26.6× | 19.5× |
| 5 Jun 2026 | 25.1× | 19.5× |
| 18 Jun 2026 | 25.1× | 19.5× |
| 2 Jul 2026 | 26.2× | 19.5× |
| 17 Jul 2026 | 27.7× | 19.5× |
| 31 Jul 2026 | 27.4× | 19.5× |
| 14 Aug 2026 | 27.4× | 19.5× |
| 28 Aug 2026 | 27.6× | 19.5× |
| 11 Sep 2026 | 27.5× | 19.5× |
| 25 Sep 2026 | 27.4× | 19.5× |
| 9 Oct 2026 | 29.4× | 19.5× |
| 23 Oct 2026 | 29.1× | 19.5× |
| 4 Nov 2026 | 30.8× | 19.5× |
Earnings per share, 12 months
- Earnings per share, 12 months $6.85
| Week | Earnings per share, 12 months |
|---|---|
| 1 Apr 2022 | – |
| 14 Apr 2022 | – |
| 29 Apr 2022 | – |
| 13 May 2022 | – |
| 27 May 2022 | – |
| 10 Jun 2022 | – |
| 24 Jun 2022 | $5.78 |
| 8 Jul 2022 | $5.78 |
| 22 Jul 2022 | $5.78 |
| 5 Aug 2022 | $5.78 |
| 19 Aug 2022 | $5.78 |
| 2 Sep 2022 | $5.78 |
| 16 Sep 2022 | $5.78 |
| 30 Sep 2022 | $5.61 |
| 14 Oct 2022 | $5.61 |
| 28 Oct 2022 | $5.61 |
| 11 Nov 2022 | $5.61 |
| 25 Nov 2022 | $5.61 |
| 9 Dec 2022 | $5.61 |
| 23 Dec 2022 | $5.61 |
| 6 Jan 2023 | $5.61 |
| 20 Jan 2023 | $5.61 |
| 3 Feb 2023 | $5.61 |
| 17 Feb 2023 | $5.61 |
| 3 Mar 2023 | $5.61 |
| 17 Mar 2023 | $5.61 |
| 31 Mar 2023 | $5.59 |
| 14 Apr 2023 | $5.59 |
| 28 Apr 2023 | $5.59 |
| 12 May 2023 | $5.59 |
| 26 May 2023 | $5.59 |
| 9 Jun 2023 | $5.59 |
| 23 Jun 2023 | $5.17 |
| 7 Jul 2023 | $5.17 |
| 21 Jul 2023 | $5.17 |
| 4 Aug 2023 | $5.17 |
| 18 Aug 2023 | $5.17 |
| 1 Sep 2023 | $5.17 |
| 15 Sep 2023 | $5.17 |
| 29 Sep 2023 | $5.17 |
| 13 Oct 2023 | $5.17 |
| 27 Oct 2023 | $5.17 |
| 10 Nov 2023 | $5.17 |
| 24 Nov 2023 | $5.17 |
| 8 Dec 2023 | $5.17 |
| 22 Dec 2023 | $5.17 |
| 5 Jan 2024 | $5.15 |
| 19 Jan 2024 | $5.15 |
| 2 Feb 2024 | $5.15 |
| 16 Feb 2024 | $5.15 |
| 1 Mar 2024 | $5.15 |
| 15 Mar 2024 | $5.15 |
| 28 Mar 2024 | $5.02 |
| 12 Apr 2024 | $5.02 |
| 26 Apr 2024 | $5.02 |
| 10 May 2024 | $5.02 |
| 24 May 2024 | $5.02 |
| 7 Jun 2024 | $5.02 |
| 21 Jun 2024 | $5.12 |
| 5 Jul 2024 | $5.12 |
| 19 Jul 2024 | $5.12 |
| 2 Aug 2024 | $5.12 |
| 16 Aug 2024 | $5.12 |
| 30 Aug 2024 | $5.12 |
| 13 Sep 2024 | $5.12 |
| 27 Sep 2024 | $5.65 |
| 11 Oct 2024 | $5.65 |
| 25 Oct 2024 | $5.65 |
| 8 Nov 2024 | $5.65 |
| 22 Nov 2024 | $5.65 |
| 6 Dec 2024 | $5.65 |
| 20 Dec 2024 | $5.65 |
| 3 Jan 2025 | $6.30 |
| 17 Jan 2025 | $6.30 |
| 31 Jan 2025 | $6.30 |
| 14 Feb 2025 | $6.30 |
| 28 Feb 2025 | $6.30 |
| 14 Mar 2025 | $6.30 |
| 28 Mar 2025 | $4.52 |
| 11 Apr 2025 | $4.52 |
| 25 Apr 2025 | $4.52 |
| 9 May 2025 | $4.52 |
| 23 May 2025 | $4.52 |
| 6 Jun 2025 | $4.52 |
| 20 Jun 2025 | $4.52 |
| 3 Jul 2025 | $4.86 |
| 18 Jul 2025 | $4.86 |
| 1 Aug 2025 | $4.86 |
| 15 Aug 2025 | $4.86 |
| 29 Aug 2025 | $4.86 |
| 12 Sep 2025 | $4.86 |
| 26 Sep 2025 | $5.26 |
| 10 Oct 2025 | $5.26 |
| 24 Oct 2025 | $5.26 |
| 7 Nov 2025 | $5.26 |
| 21 Nov 2025 | $5.26 |
| 5 Dec 2025 | $5.26 |
| 19 Dec 2025 | $5.26 |
| 2 Jan 2026 | $5.52 |
| 16 Jan 2026 | $5.52 |
| 30 Jan 2026 | $5.52 |
| 13 Feb 2026 | $5.52 |
| 27 Feb 2026 | $5.52 |
| 13 Mar 2026 | $5.52 |
| 27 Mar 2026 | $7.26 |
| 10 Apr 2026 | $7.26 |
| 24 Apr 2026 | $7.26 |
| 8 May 2026 | $7.26 |
| 22 May 2026 | $7.26 |
| 5 Jun 2026 | $7.26 |
| 18 Jun 2026 | $7.26 |
| 2 Jul 2026 | $7.10 |
| 17 Jul 2026 | $7.10 |
| 31 Jul 2026 | $7.10 |
| 14 Aug 2026 | $7.10 |
| 28 Aug 2026 | $7.10 |
| 11 Sep 2026 | $7.10 |
| 25 Sep 2026 | $6.96 |
| 9 Oct 2026 | $6.96 |
| 23 Oct 2026 | $6.96 |
| 4 Nov 2026 | $6.85 |
PEG 2.13 at the Sep 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 2.13×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2021 | 1.24× | 1.00× |
| Dec 2021 | 1.45× | 1.00× |
| Mar 2022 | 1.48× | 1.00× |
| Jun 2022 | 2.61× | 1.00× |
| Sep 2022 | 2.08× | 1.00× |
| Dec 2022 | 3.07× | 1.00× |
| Mar 2023 | 1.79× | 1.00× |
| Jun 2023 | 1.80× | 1.00× |
| Sep 2023 | 1.82× | 1.00× |
| Dec 2023 | 2.20× | 1.00× |
| Mar 2024 | 1.63× | 1.00× |
| Jun 2024 | 1.71× | 1.00× |
| Sep 2024 | 1.90× | 1.00× |
| Mar 2025 | 2.26× | 1.00× |
| Jun 2025 | 2.06× | 1.00× |
| Sep 2025 | 1.81× | 1.00× |
| Dec 2025 | 1.78× | 1.00× |
| Mar 2026 | 1.89× | 1.00× |
| Jun 2026 | 2.09× | 1.00× |
| Sep 2026 | 2.13× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved +60.6% while the price moved +37.7%. Earnings did better than the price, which pulled the multiple down within its own range.
Where the price move came from: over 3 years the price moved +32.1% a year; about +10.0% a year came from earnings growth and about +22.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.
In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.
Is the Philip Morris International business getting better or worse?
Philip Morris International Inc.'s business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +46.1% at its peak to +24.2%, but the business is still expanding. This is based on 12 quarters of 3 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +7.3% in FY25, profit +60.9%
- Revenue growth 7.3%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 1.1% |
| FY23 | 10.7% |
| FY24 | 7.7% |
| FY25 | 7.3% |
Profit growth, EPS growth
- Profit growth 60.9%
- EPS growth 60.6%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | −0.6% | −0.3% |
| FY23 | −13.7% | −13.6% |
| FY24 | −9.7% | −10% |
| FY25 | 60.9% | 60.6% |
Three growth lines over twelve quarters: revenue stabilising, profit accelerating
- Revenue 7.9%
| Quarter | Revenue |
|---|---|
| Dec 2023 | 10.7% |
| Mar 2024 | 12.2% |
| Jun 2024 | 9.9% |
| Sep 2024 | 8.6% |
| Dec 2024 | 7.7% |
| Mar 2025 | 6.8% |
| Jun 2025 | 7.2% |
| Sep 2025 | 7.5% |
| Dec 2025 | 7.3% |
| Mar 2026 | 8.1% |
| Jun 2026 | 8.9% |
| Sep 2026 | 7.9% |
Profit, EPS
- Profit 24.2%
- EPS 24.1%
| Quarter | Profit | EPS |
|---|---|---|
| Dec 2023 | −13.7% | −13.7% |
| Mar 2024 | −8.6% | −8.5% |
| Jun 2024 | 9.4% | 9.3% |
| Sep 2024 | 22.7% | 22.4% |
| Dec 2024 | −9.7% | −10% |
| Mar 2025 | −4.7% | −5% |
| Jun 2025 | −6.5% | −6.8% |
| Sep 2025 | −12.3% | −12.3% |
| Dec 2025 | 60.9% | 60.8% |
| Mar 2026 | 46.1% | 46.3% |
| Jun 2026 | 32.1% | 32.2% |
| Sep 2026 | 24.2% | 24.1% |
Why it matters: when the lines disagree, each line above matters more than any single label.
The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone.
This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +7.3% | +8.6% | — | — |
| Profit | +60.9% | +7.8% | — | — |
| EPS | +60.6% | +7.7% | — | — |
| Stock price | +37.7% | +32.1% | +17.5% | +8.3% |
How much does Philip Morris International earn on its capital?
Philip Morris International Inc. earned a ROE of −141% in FY25. That is up from a low of −143% in FY22. Its return on capital used (ROIC) is 27.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 27.8% net margin and 0.59× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY25): a 27.8% net margin × 0.59× asset turnover × −8.62× leverage (assets divided by equity) ≈ −141.4% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: 33.6% − 5.7% = +27.9 percentage points. The 5.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.
FY25: ROE −141%, the climb back from FY22's −143%
- ROE −141%
- ROIC (annual) 32.9%
- Cost of capital 5.7%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | −110.7% | 43.4% | 5.7% |
| FY22 | −143% | 36.8% | 5.7% |
| FY23 | −82.5% | 28.2% | 5.7% |
| FY24 | −71.3% | 24.2% | 5.7% |
| FY25 | −141% | 32.9% | 5.7% |
Sep 2026: ROIC 29.9% (last 12 months) against a 5.7% cost of capital
- ROIC (12 months) 29.9%
- Cost of capital 5.7%
| Quarter | ROIC (12 months) | Cost of capital |
|---|---|---|
| Sep 2023 | 34.4% | 5.7% |
| Dec 2023 | 26.7% | 5.7% |
| Mar 2024 | 26.4% | 5.7% |
| Jun 2024 | 25% | 5.7% |
| Sep 2024 | 25% | 5.7% |
| Mar 2025 | 11.2% | 5.7% |
| Jun 2025 | 11.3% | 5.7% |
| Sep 2025 | 17.2% | 5.7% |
| Dec 2025 | 19.9% | 5.7% |
| Mar 2026 | 34.3% | 5.7% |
| Jun 2026 | 32.8% | 5.7% |
| Sep 2026 | 29.9% | 5.7% |
Does Philip Morris International have too much debt?
Philip Morris International Inc.'s net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from −3.45 in FY21 to −6.18 in FY25. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $49.6 B, −6.18× equity
- Total debt $49.6 B
| Quarter | Total debt |
|---|---|
| FY21 | $28.3 B |
| FY22 | $43.8 B |
| FY23 | $48.7 B |
| FY24 | $46.4 B |
| FY25 | $49.6 B |
Debt-to-equity
- Debt-to-equity −6.18×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | −3.45× |
| FY22 | −6.94× |
| FY23 | −5.15× |
| FY24 | −4.70× |
| FY25 | −6.18× |
Sep 2026: debt $47.7 B, debt-to-equity −8.03
- Total debt (quarterly) $47.7 B
| Quarter | Total debt (quarterly) |
|---|---|
| Dec 2023 | $48.7 B |
| Mar 2024 | $50.5 B |
| Jun 2024 | $49.2 B |
| Sep 2024 | $49.3 B |
| Dec 2024 | $46.4 B |
| Mar 2025 | $49.6 B |
| Jun 2025 | $51.5 B |
| Sep 2025 | $50.1 B |
| Dec 2025 | $49.6 B |
| Mar 2026 | $52.0 B |
| Jun 2026 | $49.1 B |
| Sep 2026 | $47.7 B |
Debt-to-equity
- Debt-to-equity −8.03×
| Quarter | Debt-to-equity |
|---|---|
| Dec 2023 | −5.15× |
| Mar 2024 | −5.89× |
| Jun 2024 | −6.19× |
| Sep 2024 | −6.39× |
| Dec 2024 | −4.70× |
| Mar 2025 | −5.56× |
| Jun 2025 | −5.14× |
| Sep 2025 | −5.58× |
| Dec 2025 | −6.18× |
| Mar 2026 | −7.12× |
| Jun 2026 | −7.38× |
| Sep 2026 | −8.03× |
What is the Philip Morris International shareholding pattern?
1.1% of Philip Morris International Inc.'s tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 3.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Philip Morris International from balance-sheet trouble?
For Philip Morris International Inc., the Z-score is 4.55. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 4.55 is well clear of the danger zone, so the balance sheet is not the risk here.
How does Philip Morris International rank in its industry?
73.0 out of 100, rank 1 of 6 in Tobacco, with 85% of the evidence available.
Philip Morris International Inc. scores 73.0 out of 100 against the 6 companies it is compared with in Tobacco, ranking 1. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
The four parts add up to the total exactly: 23.8 + 18.8 + 12 + 18.4 = 73. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Philip Morris International compared with?
Philip Morris International ranks 1 of 6 Tobacco companies on the 4-Factor Sector Score, with 73.0 out of 100.
- 1Philip Morris International Inc. this pagePM · breaking out · Most evidence points up · 85% evidence73.0out of 100
How the score adds up
Growth & earnings 23.8/35 · Revenue 7.9% · Profit 24.2% · Operating margin change 1.3 points · 95% evidenceCapital efficiency 18.8/25 · ROCE 39.3% · Operating margin 41.9% · 76% evidenceValuation 12.0/20 · P/E 27.8× · PEG 1.16 · 65% evidenceRelative strength 18.4/20 · Lead over its industry 22.3% · Lead over S&P 500 11.3% · 1 year 37.7% · 100% evidence · 4 of 12 weeks aheadExact sum: 23.8 + 18.8 + 12 + 18.4 = 73 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2Altria Group, Inc.MO · turning · Most evidence points up · 85% evidence72.1out of 100
How the score adds up
Growth & earnings 16.2/35 · Revenue 2.3% · Profit -8.5% · Operating margin change -0.6 points · 95% evidenceCapital efficiency 22.0/25 · ROCE 47.8% · Operating margin 61.5% · 76% evidenceValuation 16.5/20 · P/E 13.9× · PEG 0.4 · 65% evidenceRelative strength 17.4/20 · Lead over its industry 19.6% · Lead over S&P 500 8.8% · 1 year 34.4% · 100% evidence · 2 of 12 weeks aheadExact sum: 16.2 + 22 + 16.5 + 17.4 = 72.1 · What this means: Relative strength against the index is 8.8%, and revenue and profit growth are weak. - 3British American Tobacco p.l.c.BTI · turning · Too little evidence to rank firmly · 51% evidence50.1out of 100
How the score adds up
Growth & earnings 15.8/35 · Revenue — · Profit — · Operating margin change -7.1 points · 26% evidenceCapital efficiency 11.1/25 · ROCE 9.5% · Operating margin 34.9% · 76% evidenceValuation 10.0/20 · P/E 15.9× · PEG — · 15% evidenceRelative strength 13.2/20 · Lead over its industry 10.7% · Lead over S&P 500 0.2% · 1 year 15.3% · 100% evidence · 1 of 12 weeks aheadExact sum: 15.8 + 11.1 + 10 + 13.2 = 50.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. - 4Turning Point Brands, Inc.TPB · basing · Evidence leans down · 81% evidence38.5out of 100
How the score adds up
Growth & earnings 16.6/35 · Revenue 24.3% · Profit 25% · Operating margin change -20 points · 83% evidenceCapital efficiency 8.1/25 · ROCE 8.6% · Operating margin 4.2% · 76% evidenceValuation 11.8/20 · P/E 36.9× · PEG 1.03 · 65% evidenceRelative strength 2.0/20 · Lead over its industry -18.4% · Lead over S&P 500 -27.3% · 1 year -31.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 16.6 + 8.1 + 11.8 + 2 = 38.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 5Universal CorporationUVV · basing · Most evidence points down · 81% evidence26.8out of 100
How the score adds up
Growth & earnings 6.5/35 · Revenue -3.1% · Profit -81.5% · Operating margin change -5.5 points · 83% evidenceCapital efficiency 3.9/25 · ROCE 8.3% · Operating margin 0.4% · 76% evidenceValuation 15.7/20 · P/E 15.4× · PEG 0.33 · 65% evidenceRelative strength 0.7/20 · Lead over its industry -18.7% · Lead over S&P 500 -26.9% · 1 year -25.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 6.5 + 3.9 + 15.7 + 0.7 = 26.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. - 6AIR Global PLCAIIR · breaking out · Too little evidence to rank firmly · 20% evidence49.6out of 100
How the score adds up
Growth & earnings 17.5/35 · Revenue — · Profit — · Operating margin change — · 0% evidenceCapital efficiency 12.5/25 · ROCE — · Operating margin — · 0% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 9.6/20 · Lead over its industry -13% · Lead over S&P 500 -22.4% · 1 year -27.6% · 100% evidence · 7 of 12 weeks aheadExact sum: 17.5 + 12.5 + 10 + 9.6 = 49.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Tobacco, all 6 compared on one page.
Which companies are close to Philip Morris International in size?
Philip Morris International is the largest of 6 Tobacco companies on Sector Alpha by market value (scores of 4 November 2026). It is the largest. Just below it: British American Tobacco p.l.c., Altria Group, Inc., RLX Technology Inc., Turning Point Brands, Inc. and Universal Corporation.
Tobacco companies close in size
- Philip Morris International Inc. $329.1 billion
- British American Tobacco p.l.c. $138.9 billion
- Altria Group, Inc. $129.8 billion
- RLX Technology Inc. $2 billion
- Turning Point Brands, Inc. $1.4 billion
- Universal Corporation $990 million
All 6 Tobacco companies, largest first
Companies close in size in other industries
- The Home Depot, Inc. $354.7 billion · Home Improvement Retail
- GE Aerospace $340.5 billion · Aerospace & Defense
- Philip Morris International Inc. $329.1 billion
- Novartis AG $310.3 billion · Drug Manufacturers - General
- Intel Corporation $309.8 billion · Semiconductors
What else do people ask about Philip Morris International?
What is Philip Morris International's stock price today?
Philip Morris International Inc.'s stock price is $211.15, +37.7% over the past year. The whole company is worth $329 B on the market. It is at its highest price of the past 52 weeks (range $148 to $211), 15.7% above its 200-day average.
The price has been rising for 28 weeks (as of 4 November 2026).
What were Philip Morris International's latest quarterly results?
Philip Morris International Inc. reported revenue of $11.4 B and net profit of $3.3 B for the Sep 2026 quarter. Revenue rose 5.5% and profit fell 4.7% compared with a year earlier. Earnings per share were $2.12.
The operating margin was 41.9%, 1.3 percentage points higher than a year earlier (as of 4 November 2026).
What is Philip Morris International's market cap?
Philip Morris International Inc.'s market capitalisation is $329 B at a stock price of $211.15. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Philip Morris International performing?
Philip Morris International Inc.'s share price has been rising for 28 weeks. In its latest quarter, revenue rose 5.5% and profit fell 4.7% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 5 weeks running (as of 4 November 2026).
Will Philip Morris International's stock price go up?
This page does not forecast Philip Morris International Inc.'s stock price. What it shows instead: the stock price is $211.15, and it has been rising for 28 weeks. Its P/E of 30.8× is higher than 87% of its own last 5 years (as of 4 November 2026).
Where is Philip Morris International in its business cycle?
Philip Morris International Inc.'s FY25 operating margin was 41.1%, against a 5-year range of 34.9% to 41.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 41.9%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Philip Morris International story?
The main question: results are strong, and the P/E is higher than 87% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Philip Morris International a stock worth studying right now?
What the numbers show: Philip Morris International Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
See the plain-text version of this page.
More lists
Every Sector Alpha list, grouped
Stock screens
Market lists
Themes
Sectors
US stocks
X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.