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
DateValue
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%