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| Date | Value |
|---|---|
| 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% |