
Philip Morris just handed shareholders its biggest dividend jump in years, but a $43 billion debt load and a yield compressed by a scorching rally raise real questions about how long this pace can last.
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 | $-5.51 |
| Price-to-Book | 1318.70 |
| Price-to-Sales (TTM) | 7.52 |
| EV/Revenue | 8.0 |
| EV/EBITDA | 18.20 |
| Quarterly Earnings Growth (YoY) | -7.50% |
| Quarterly Revenue Growth (YoY) | 10.40% |
| Shares Outstanding | $1.56B |
| Float | $1.55B |
| % Insiders | 0.16% |
| % Institutions | 84.36% |
Volatility is currently expanding

Philip Morris just handed shareholders its biggest dividend jump in years, but a $43 billion debt load and a yield compressed by a scorching rally raise real questions about how long this pace can last.

Philip Morris International remains a resilient long-term holding, with strong cash flows from combustibles funding growth in smoke-free products. PM's recent 8.8% dividend increase signals management confidence, but I would prefer a focus on deleveraging with rates being where they are. ZYN's competitive position in the U.S. is under pressure; Q3 and Q4 results will be critical for assessing its contribution to PM's premium valuation.

STAMFORD, CT--(BUSINESS WIRE)--At a defining moment for Europe's competitiveness, Philip Morris International Inc. (PMI) (NYSE: PM) today publishes the second edition of its EU Economic Footprint Study, prepared by EY-Parthenon. Spanning 2021 to 2025, the study demonstrates the scale of PMI's contribution across the European Union and the capabilities developed through its transformation. The company's footprint reaches far beyond its own operations, supporting suppliers, manufacturers, researc.

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast on Wednesday, October 21, 2026, at 9:00 a.m. ET, to discuss its 2026 third-quarter and first nine-months financial results, which will be issued at approximately 7:00 a.m. ET the same day. The webcast can be accessed here. The webcast will be hosted by Massimo Andolina, Group Chief Financial Officer, and will include discussion of PMI's financial results and a Q&A.

Both tobacco giants just raised their dividends and both stocks are up over 28% this year, but the one paying nearly twice the yield may actually be the riskier bet for retirees building income over the next decade.

Philip Morris is a growth and income play, leveraging its transition to smoke-free products for robust total returns. PM delivered Q2 organic revenue growth of 7.6% and adjusted EPS up 15%, driven by strong pricing, resilient combustibles, and an expanding NGP portfolio. The stock yields 3.4%, recently raised its dividend by 8.8%, and maintains an A- rated balance sheet.

Both BTI and PM fund generous dividends from a shrinking cigarette business, but one company's smoke-free pivot has already changed what its payout is built on, and that gap matters far more than the headline yield difference.

Philip Morris and Altria both just raised their dividends, but the gap between them runs far deeper than yield percentages and payout sizes. Which tobacco giant actually deserves a spot in a retirement portfolio built to last a decade?

Philip Morris (PM) could produce exceptional returns because of its solid growth attributes.

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) today published its inaugural Taskforce on Nature-related Financial Disclosures (TNFD) Report, providing shareholders and other stakeholders with its most comprehensive assessment to date of nature-related dependencies, impacts, risks, and opportunities (DIROs) across the company's global value chain. As an early adopter of the TNFD recommendations, PMI's TNFD Report supports the company's efforts to sharpen its un.
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