Philip Morris International PM
NYSE PM
$185.69 +0.96 (+0.52%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%