Philip Morris International (PM) Enterprise Value (2009 - 2026)
Philip Morris International (PM) reported Enterprise Value of $292.98 billion for Q3 2026, up 17.0% from $250.38 billion a year earlier and up 5.4% from the prior quarter.
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Analysis
Philip Morris International (PM) Enterprise Value (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Philip Morris International's Enterprise Value came in at $276.66 billion, up 16.4% year-over-year; for FY2025, it came in at $246.79 billion, up 33.5% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
- By year, Enterprise Value came in at $184.79 billion in FY2024 (+27.6%), $144.77 billion in FY2023 (-7.4%), $156.34 billion in FY2022 (+8.1%) and $144.64 billion in FY2021 (+17.0%).
- The Q3 2026 figure ranks as the highest quarterly Enterprise Value in data going back to Q1 2009.
- Year over year, Enterprise Value gained in seven of the last eight quarters, with growth averaging 34.0%.
- The high point for year-over-year Enterprise Value in five years was Q2 2025 (growth of 82.0%); the low point was Q3 2022 (a decline of 13.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $277.9 billion (Q2 2026), $254.22 billion (Q1 2026) and $246.79 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 292.98 Bn |
| Jun 30, 2026 | 277.90 Bn |
| Mar 31, 2026 | 254.22 Bn |
| Dec 31, 2025 | 246.79 Bn |
| Sep 30, 2025 | 250.38 Bn |
| Jun 30, 2025 | 281.32 Bn |
| Mar 31, 2025 | 244.60 Bn |
| Dec 31, 2024 | 184.79 Bn |
| Sep 30, 2024 | 186.48 Bn |
| Jun 30, 2024 | 154.54 Bn |
| Mar 31, 2024 | 140.21 Bn |
| Dec 31, 2023 | 144.77 Bn |
| Sep 30, 2023 | 142.43 Bn |
| Jun 30, 2023 | 149.79 Bn |
| Mar 31, 2023 | 150.39 Bn |
| Dec 31, 2022 | 156.34 Bn |
| Sep 30, 2022 | 125.05 Bn |
| Jun 30, 2022 | 149.81 Bn |
| Mar 31, 2022 | 142.89 Bn |
| Dec 31, 2021 | 144.64 Bn |
API Access
Philip Morris International Enterprise Value 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=enterprise-value&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();