Philip Morris International (PM) Net Margin (2009 - 2026)
Philip Morris International (PM) reported Net Margin of 29.42% for Q1 2026, up 112.0% on a YoY basis from 13.88% in Q1 2025, and up 23.37% sequentially from 23.85% in Q4 2025.
Philip Morris International (PM) Net Margin (2009 - 2026) Analysis & Trends
Philip Morris International (PM) has 18 years of Net Margin data on file, last reported at 29.42% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 112.0% year-over-year to 29.42%; the trailing twelve-month figure through Mar 2026 stood at 27.71% (up 228.0% YoY), and the FY2025 full-year result was 27.41%, up 317.0% from the prior year.
- Net Margin grew to 29.42% in Q1 2026, from 23.85% 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.
- A 5-year average of 25.13% and a median of 25.58% in 2023 frame the typical range for Net Margin.
- Peak annual rise in Net Margin reached 1254 bps in 2023, while the deepest fall reached 1077 bps in 2023.
- Tracing PM's Net Margin over 5 years: stood at 28.67% in 2022, then fell by 12 bps to 25.28% in 2023, then dropped by 17 bps to 21.07% in 2024, then advanced by 13 bps to 23.85% in 2025, then climbed by 23 bps to 29.42% in 2026.
- Business Quant data shows PM's Net Margin at 29.42% in Q1 2026, 23.85% in Q4 2025, and 30.13% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 29.42% |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 40.22% |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 24.26% |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 9.39% |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | -4.86% |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | -50.96% |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 149.95% |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 334.54% |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | -4,064.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 26.84% |
| Sep 30, 2021 | 31.26% |
| Jun 30, 2021 | 17.89% |