Philip Morris International (PM) Net Margin (2009 - 2026)
Philip Morris International's (PM) quarterly Net Margin came in at 29.82% in Q2 2026, up 248.0% year-over-year from 8.57% in Q2 2025, and up 1.34% quarter-over-quarter from 29.42% in Q1 2026.
Analysis
Philip Morris International (PM) Net Margin (2009 - 2026) Analysis & Trends
Philip Morris International has disclosed Net Margin across 18 years of filings, most recently posting 29.82% for Q2 2026.
- In Q2 2026, Net Margin rose 248.0% year-over-year to 29.82%; the TTM figure through Jun 2026 stood at 28.35% (up 233.0% YoY), while the FY2025 annual figure was 27.41%, up 317.0% from the prior year.
- Net Margin came in at 29.82% for Q2 2026 at Philip Morris International, up from 29.42% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 30.13% in Q3 2025 to a low of 13.03% in Q1 2022.
- Average Net Margin over 5 years is 25.39%, with a median of 26.46% recorded in 2023.
- Year-over-year, Net Margin soared 3592 bps in 2022 and tumbled 1077 bps in 2023.
- Over 5 years, Net Margin stood at 28.67% in 2022, then retreated by 12 bps to 25.28% in 2023, then declined by 17 bps to 21.07% in 2024, then climbed by 13 bps to 23.85% in 2025, then grew by 25 bps to 29.82% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 29.82% in Q2 2026, 29.42% in Q1 2026, and 23.85% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 284.46 Bn | 280.39 Bn | 7.66 Bn | 29.82% |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | - |
| 3 | Altria | 115.00 Bn | 112.68 Bn | 3.82 Bn | 37.60% |
| 4 | RLX Technology | 2.79 Bn | 2.09 Bn | 52.74 Mn | 26.79% |
| 5 | Turning Point Brands | 1.51 Bn | 1.26 Bn | 93.70 Mn | 2.52% |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | -7.77% |
| 7 | 22nd Century | 512,640.46 | -5.55 Mn | -293,000.00 | -759.81% |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | -10.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.82% |
| Mar 31, 2026 | 29.42% |
| Dec 31, 2025 | 23.85% |
| Sep 30, 2025 | 30.13% |
| Jun 30, 2025 | 27.34% |
| Mar 31, 2025 | 28.30% |
| Dec 31, 2024 | 21.07% |
| Sep 30, 2024 | 27.39% |
| Jun 30, 2024 | 25.00% |
| Mar 31, 2024 | 23.37% |
| Dec 31, 2023 | 25.28% |
| Sep 30, 2023 | 22.65% |
| Jun 30, 2023 | 18.99% |
| Mar 31, 2023 | 25.58% |
| Dec 31, 2022 | 28.67% |
| Sep 30, 2022 | 27.40% |
| Jun 30, 2022 | 29.76% |
| Mar 31, 2022 | 13.03% |
| Dec 31, 2021 | -7.25% |
| Sep 30, 2021 | 11.75% |