Philip Morris International (PM) EBT Margin (2009 - 2026)
Philip Morris International (PM) posted EBT Margin of 38.35% for Q2 2026, up 4.58 percentage points from 33.77% a year earlier and up 2.27 percentage points from the prior quarter.
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Analysis
Philip Morris International (PM) EBT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Philip Morris International was 35.53%, up 2.04 percentage points year-over-year; for FY2025, it was 34.15%, up 1.94 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of +19.74 percentage points (FY2020 to FY2025).
- In prior years, Philip Morris International's EBT Margin was 32.21% in FY2024 (+2.50 pp), 29.71% in FY2023 (-6.92 pp), 36.63% in FY2022 (-2.32 pp) and 38.95% in FY2021 (+24.55 pp).
- The Q2 2026 figure stands as the highest quarterly EBT Margin since Q2 2019.
- On a year-over-year basis, EBT Margin has increased in each of the last ten quarters, with an average year-over-year change of +1.91 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q2 2022, with a gain of 22.94 percentage points; the weakest was Q2 2023, with a drop of 12.11 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 36.08% (Q1 2026), 30.36% (Q4 2025) and 37.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 38.35% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 47.93% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | -7.74% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 24.43% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -141.50% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 5.20% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 50.59% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 9.78% |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | -4.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.35% |
| Mar 31, 2026 | 36.08% |
| Dec 31, 2025 | 30.36% |
| Sep 30, 2025 | 37.06% |
| Jun 30, 2025 | 33.77% |
| Mar 31, 2025 | 35.38% |
| Dec 31, 2024 | 30.05% |
| Sep 30, 2024 | 34.81% |
| Jun 30, 2024 | 32.75% |
| Mar 31, 2024 | 31.06% |
| Dec 31, 2023 | 28.82% |
| Sep 30, 2023 | 33.92% |
| Jun 30, 2023 | 25.24% |
| Mar 31, 2023 | 30.91% |
| Dec 31, 2022 | 33.68% |
| Sep 30, 2022 | 35.15% |
| Jun 30, 2022 | 37.35% |
| Mar 31, 2022 | 16.23% |
| Sep 30, 2021 | 15.15% |
| Jun 30, 2021 | 14.40% |
API Access
Philip Morris International EBT 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=ebt-margin&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();