Philip Morris International (PM) EBIT Margin (2009 - 2026)
Philip Morris International's EBIT Margin came in at 40.48% for Q2 2026, up 3.87 percentage points from 36.61% a year earlier and up 2.11 percentage points from the prior quarter.
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Analysis
Philip Morris International (PM) EBIT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Philip Morris International reported EBIT Margin of 37.75%, up 1.47 percentage points year-over-year; for FY2025, it came in at 36.64%, up 1.25 percentage points from FY2024.
- EBIT Margin carries a five-year change of +21.29 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was 35.38% in FY2024 (+2.53 pp), 32.85% in FY2023 (-5.70 pp), 38.56% in FY2022 (-2.76 pp) and 41.32% in FY2021 (+25.97 pp).
- The Q2 2026 figure represents the highest quarterly EBIT Margin since Q2 2019.
- Year-over-year, EBIT Margin increased in six of the last eight quarters, with an average year-over-year change of +1.36 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in Q2 2022 (a gain of 23.70 percentage points), and the weakest in Q2 2023 (a drop of 10.40 percentage points).
- Business Quant data shows PM's EBIT Margin at 38.37% (Q1 2026), 32.55% (Q4 2025) and 39.31% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 40.48% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 51.32% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 1.24% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 12.86% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -136.75% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 6.51% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 10.49% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 11.69% |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | 1.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.48% |
| Mar 31, 2026 | 38.37% |
| Dec 31, 2025 | 32.55% |
| Sep 30, 2025 | 39.31% |
| Jun 30, 2025 | 36.61% |
| Mar 31, 2025 | 38.10% |
| Dec 31, 2024 | 33.58% |
| Sep 30, 2024 | 36.87% |
| Jun 30, 2024 | 36.38% |
| Mar 31, 2024 | 34.63% |
| Dec 31, 2023 | 31.93% |
| Sep 30, 2023 | 36.87% |
| Jun 30, 2023 | 28.62% |
| Mar 31, 2023 | 34.06% |
| Dec 31, 2022 | 35.87% |
| Sep 30, 2022 | 36.95% |
| Jun 30, 2022 | 39.02% |
| Mar 31, 2022 | 17.05% |
| Sep 30, 2021 | 15.98% |
| Jun 30, 2021 | 15.32% |
API Access
Philip Morris International EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "PM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();