Philip Morris International (PM) Enterprise Value (2009 - 2026)
Philip Morris International (PM) reported Enterprise Value of $277.9 billion for Q2 2026, down 1.2% from $281.32 billion a year earlier but up 9.3% from the prior quarter.
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Analysis
Philip Morris International (PM) Enterprise Value (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Philip Morris International's Enterprise Value came in at $263.54 billion, down 1.8% 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%).
- Five-year quarterly Enterprise Value spans a low of $125.05 billion in Q3 2022 and a high of $281.32 billion in Q2 2025.
- Year over year, Enterprise Value gained in seven of the last eight quarters, with growth averaging 35.7%.
- 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 Q2 2026 came in at $254.22 billion (Q1 2026), $246.79 billion (Q4 2025) and $250.38 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 145.00 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();