Philip Morris International (PM) EBITDA Margin (2009 - 2026)
Philip Morris International's (PM) quarterly EBITDA Margin came in at 40.48% in Q2 2026, up 387.0% year-over-year from 8.31% in Q2 2025, and up 5.49% quarter-over-quarter from 38.37% in Q1 2026.
Analysis
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 40.48% for Q2 2026.
- In Q2 2026, EBITDA Margin rose 387.0% year-over-year to 40.48%; the TTM figure through Jun 2026 stood at 37.75% (up 147.0% YoY), while the FY2025 annual figure was 36.64%, up 125.0% from the prior year.
- EBITDA Margin came in at 40.48% for Q2 2026 at Philip Morris International, up from 38.37% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 40.48% in Q2 2026 to a low of 17.05% in Q1 2022.
- Average EBITDA Margin over 5 years is 34.85%, with a median of 36.49% recorded in 2025.
- Year-over-year, EBITDA Margin jumped 4570 bps in 2022 and sank 1040 bps in 2023.
- Over 5 years, 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 grew by 24 bps to 40.48% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 40.48% in Q2 2026, 38.37% in Q1 2026, and 32.55% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 294.37 Bn | 288.37 Bn | 7.66 Bn | 40.48% |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | - |
| 3 | Altria | 114.73 Bn | 112.36 Bn | 3.82 Bn | 51.32% |
| 4 | RLX Technology | 2.19 Bn | 1.48 Bn | 52.74 Mn | 12.86% |
| 5 | Turning Point Brands | 1.44 Bn | 1.17 Bn | 93.70 Mn | 11.69% |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | -47.25% |
| 7 | 22nd Century | 420,574.41 | -5.64 Mn | -293,000.00 | -110.86% |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | 13.71% |
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% |
| Dec 31, 2021 | -9.83% |
| Sep 30, 2021 | 15.98% |