Philip Morris International (PM) Market Capitalization (2009 - 2026)
Philip Morris International's Market Capitalization came in at $297.67 billion for Q3 2026, up 17.9% from $252.49 billion a year earlier and up 5.6% from the prior quarter.
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Analysis
Philip Morris International (PM) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Philip Morris International's Market Capitalization was $249.69 billion, up 33.4% from FY2024.
- Market Capitalization carries a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $187.13 billion in FY2024 (+28.1%), $146.06 billion in FY2023 (-6.9%), $156.9 billion in FY2022 (+6.6%) and $147.23 billion in FY2021 (+14.2%).
- The Q3 2026 figure represents the highest quarterly Market Capitalization in data going back to Q1 2009.
- Year-over-year, Market Capitalization increased in seven of the last eight quarters, with growth averaging 33.8%.
- The fastest year-over-year change in Market Capitalization over five years came in Q2 2025 (growth of 79.9%), and the weakest in Q3 2022 (a decline of 12.8%).
- Business Quant data shows PM's Market Capitalization at $281.97 billion (Q2 2026), $257.69 billion (Q1 2026) and $249.69 billion (Q4 2025) in the three quarters before Q3 2026.
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 | 297.67 Bn |
| Jun 30, 2026 | 281.97 Bn |
| Mar 31, 2026 | 257.69 Bn |
| Dec 31, 2025 | 249.69 Bn |
| Sep 30, 2025 | 252.49 Bn |
| Jun 30, 2025 | 283.50 Bn |
| Mar 31, 2025 | 247.07 Bn |
| Dec 31, 2024 | 187.13 Bn |
| Sep 30, 2024 | 188.76 Bn |
| Jun 30, 2024 | 157.55 Bn |
| Mar 31, 2024 | 142.43 Bn |
| Dec 31, 2023 | 146.06 Bn |
| Sep 30, 2023 | 143.72 Bn |
| Jun 30, 2023 | 151.54 Bn |
| Mar 31, 2023 | 150.95 Bn |
| Dec 31, 2022 | 156.90 Bn |
| Sep 30, 2022 | 128.68 Bn |
| Jun 30, 2022 | 153.06 Bn |
| Mar 31, 2022 | 145.62 Bn |
| Dec 31, 2021 | 147.23 Bn |
API Access
Philip Morris International Market Capitalization 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=market-capitalization&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();