
July has dealt Wall Street a turbulent hand. US stocks have drifted lower this month, hampered by persistent geopolitical risks, rising crude oil prices, and mounting anxiety over rising AI capex.
Philip Morris International Inc. (PMI) is a Swiss-American multinational cigarette and tobacco manufacturing company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro.
| Revenue (TTM) | $42.55B |
| Gross Profit (TTM) | $28.71B |
| EBITDA | $18.02B |
| Operating Margin | 40.00% |
| Return on Equity | 0.00% |
| Return on Assets | 14.60% |
| Revenue/Share (TTM) | $27.32 |
| Book Value | $-5.95 |
| Price-to-Book | 1318.70 |
| Price-to-Sales (TTM) | 7.33 |
| EV/Revenue | 8.18 |
| EV/EBITDA | 18.60 |
| Quarterly Earnings Growth (YoY) | -7.50% |
| Quarterly Revenue Growth (YoY) | 10.40% |
| Shares Outstanding | $1.56B |
| Float | $1.55B |
| % Insiders | 0.16% |
| % Institutions | 84.14% |
Volatility is currently expanding

July has dealt Wall Street a turbulent hand. US stocks have drifted lower this month, hampered by persistent geopolitical risks, rising crude oil prices, and mounting anxiety over rising AI capex.

Philip Morris International opened a $1.2 billion manufacturing campus in Colorado, part of the tobacco company's efforts to expand its Zyn portfolio and meet rising demand for nicotine pouches.

Philip Morris International said on Monday it had doubled its planned investment in its Colorado manufacturing campus to about $1.2 billion through 2028, as it expands production capacity for the Zyn nicotine pouch business.

Philip Morris delivered strong Q2 results last week with double-digit net revenue and gross profit growth driven by IQOS and VEEV products. IQOS heated tobacco and VEEV vape brands are fueling significant top-line expansion and margin uplift, mainly because of strong shipment growth. PM trades at a forward P/E of 21.2x, much higher than MO or BTI, reflecting its focus on emerging markets and superior EPS growth prospects.

Philip Morris delivered strong Q2 2026 results, with 7.6% organic net revenue growth and robust smoke-free business momentum. However, there are concerns baked into the results. Notably, combustibles see a rise in revenue growth as the company is successfully pivoting away from traditional products. The U.S. market is also a drag on PM, and a reduction in two of three earnings forecasts isn't positive at a time when valuations are already stretched.

Philip Morris International TodayPMPhilip Morris International$192.70 -1.60 (-0.82%) As of 09:39 AM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$142.11▼$199.78Dividend Yield3.05%P/E Ratio27.07Price Target$200.33Add to WatchlistThe economy isn't the stock market, but there are times when the two align.

Philip Morris International delivered record Q2 2026 net revenues of $11.19 billion, with 15.2% adjusted EPS growth and expanding margins. Smoke-free products now comprise 42% of PM's revenues, with IQOS and ZYN driving global share gains and margin expansion. I remain bullish on PM, citing robust earnings growth, a 3% dividend yield, and clear capital allocation optionality post-deleveraging.

Philip Morris International NYSE: PM reported what management described as a “very strong” second quarter, with growth led by its international smoke-free products business and a better-than-expected performance in combustibles.

Philip Morris (PM) came out with quarterly earnings of $2.2 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.91 per share a year ago.

Philip Morris International reports better-than-expected second-quarter earnings but lowers full-year profit expectations.
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