Philip Morris International (PM) EV to EBITDA (2009 - 2026)
Philip Morris International's (PM) EV to EBITDA came in at 15.35 for Q2 2026, down 12.1% from 17.46 a year earlier but up 4.2% from the prior quarter.
Philip Morris International (PM) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Philip Morris International was 14.55, down 12.6% year-over-year; for FY2025, it came in at 14.61, up 20.1% from FY2024.
- In prior years, Philip Morris International's EV to EBITDA was 12.17 in FY2024 (+8.9%), 11.18 in FY2023 (-4.8%), 11.73 in FY2022 (+13.4%) and 10.35 in FY2021 (+5.9%).
- Quarterly EV to EBITDA has run from a low of 9.30 in Q3 2022 to a high of 17.46 in Q2 2025 over five years.
- On a year-over-year basis, EV to EBITDA increased in six of the last eight quarters, with growth averaging 19.2%.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q2 2025, with growth of 62.2%; the weakest was Q2 2026, with a decline of 12.1%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 14.72 (Q1 2026), 14.61 (Q4 2025) and 14.97 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.35 |
| Mar 31, 2026 | 14.72 |
| Dec 31, 2025 | 14.61 |
| Sep 30, 2025 | 14.97 |
| Jun 30, 2025 | 17.46 |
| Mar 31, 2025 | 15.48 |
| Dec 31, 2024 | 12.17 |
| Sep 30, 2024 | 12.68 |
| Jun 30, 2024 | 10.76 |
| Mar 31, 2024 | 10.51 |
| Dec 31, 2023 | 11.18 |
| Sep 30, 2023 | 11.13 |
| Jun 30, 2023 | 12.15 |
| Mar 31, 2023 | 11.75 |
| Dec 31, 2022 | 11.73 |
| Sep 30, 2022 | 9.30 |
| Jun 30, 2022 | 10.85 |
| Mar 31, 2022 | 10.33 |
| Dec 31, 2021 | 10.35 |
| Sep 30, 2021 | 10.41 |
Philip Morris International EV to EBITDA 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=ev-to-ebitda&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();