Philip Morris International (PM) EBITDA Margin (2009 - 2026)

Philip Morris International's (PM) quarterly EBITDA Margin came in at 38.37% in Q1 2026, up 27.0% year-on-year from 30.21% in Q1 2025, and up 17.87% quarter-over-quarter from 32.55% in Q4 2025.

Philip Morris International (PM) EBITDA Margin (2009 - 2026) Analysis & Trends

Philip Morris International has disclosed EBITDA Margin across 18 years of filings, most recently posting 38.37% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 38.37%, up 27.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.73% (up 52.0% YoY), and the FY2025 annual result was 36.64%, up 125.0% from the prior year.
  • EBITDA Margin came in at 38.37% for Q1 2026 at Philip Morris International, up from 32.55% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 39.31% in Q3 2025 to a low of 17.05% in Q1 2022.
  • The 5-year median for EBITDA Margin is 36.38% (2024), against an average of 34.52%.
  • Peak annual rise in EBITDA Margin reached 4570 bps in 2022, while the deepest fall reached 123293 bps in 2022.
  • Philip Morris International's EBITDA Margin stood at 35.87% in 2022, then fell by 11 bps to 31.93% in 2023, then rose by 5 bps to 33.58% in 2024, then slipped by 3 bps to 32.55% in 2025, then increased by 18 bps to 38.37% in 2026.
  • The last three EBITDA Margin figures came in at 38.37% (Q1 2026), 32.55% (Q4 2025), and 39.31% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 38.37%
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 54.46%
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 10.05%
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn -2.09%
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 6.18%
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn -51.02%
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn -30.36%
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -4,157.37%
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 -79.44%

Historic Data

Download Data
DateValue
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%
Dec 31, 2021 -9.83%
Sep 30, 2021 15.98%
Jun 30, 2021 1,271.95%