Philip Morris International (PM) EV to EBITDA (2009 - 2026)
Philip Morris International's (PM) EV to EBITDA came in at 15.65 for Q3 2026, up 4.6% from 14.97 a year earlier and up 2.0% from the prior quarter.
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Analysis
Philip Morris International (PM) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to EBITDA at Philip Morris International was 14.78, up 4.1% 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%).
- The Q3 2026 figure stands as the highest quarterly EV to EBITDA since Q2 2025.
- On a year-over-year basis, EV to EBITDA increased in six of the last eight quarters, with growth averaging 18.0%.
- 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 15.35 (Q2 2026), 14.72 (Q1 2026) and 14.61 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.04 Bn | 279.04 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 131.52 Bn | 107.88 Bn | - |
| 3 | Altria | 126.46 Bn | 113.39 Bn | 3.94 Bn |
| 4 | Curaleaf Holdings | 2.38 Bn | 2.00 Bn | 170.48 Mn |
| 5 | Trulieve Cannabis | 2.12 Bn | 734.90 Mn | 162.29 Mn |
| 6 | RLX Technology | 1.95 Bn | -1.82 Bn | 52.74 Mn |
| 7 | Green Thumb Industries | 1.43 Bn | 198.72 Mn | 146.79 Mn |
| 8 | Cronos | 1.33 Bn | -1.95 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.25 Bn | 361.97 Mn | 93.70 Mn |
| 10 | Tilray Brands | 380.69 Mn | -586.82 Mn | 77.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.65 |
| 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 |
API Access
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_KEYimport 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();