Philip Morris International PM
NYSE PM
$198.95 +2.26 (+1.15%)
At close: Nov 13, 2026 · 4:00 PM EST

Philip Morris International (PM) Price to Earnings (2009 - 2026)

Updated

Philip Morris International's (PM) Price to Earnings was 27.80 for Q3 2026, down 5.0% from 29.26 a year earlier but up 7.2% from the prior quarter.

Analysis

Philip Morris International (PM) Price to Earnings (2009 - 2026) Analysis & Trends

For FY2025, Price to Earnings at Philip Morris International was 22.00, down 17.0% from FY2024.

  • By year, Price to Earnings came in at 26.52 in FY2024 (+41.8%), 18.69 in FY2023 (+7.8%), 17.34 in FY2022 (+7.3%) and 16.16 in FY2021 (+1.0%).
  • Five-year quarterly Price to Earnings spans a low of 14.72 in Q3 2022 and a high of 34.44 in Q2 2025.
  • Year over year, Price to Earnings has now declined in each of the last four quarters, with growth averaging 24.2% over the last eight quarters.
  • The high point for year-over-year Price to Earnings in five years was Q2 2025 (growth of 92.4%); the low point was Q1 2026 (a decline of 28.6%).
  • Per Business Quant data, the three quarters before Q3 2026 came in at 25.93 (Q2 2026), 23.22 (Q1 2026) and 22.00 (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Philip Morris International 310.09 Bn 289.08 Bn 7.85 Bn
2 British American Tobacco p.l.c 143.09 Bn 119.75 Bn -
3 Altria 130.85 Bn 117.83 Bn 3.94 Bn
4 RLX Technology 2.40 Bn -1.35 Bn 52.74 Mn
5 Curaleaf Holdings 2.08 Bn 1.70 Bn 170.48 Mn
6 Trulieve Cannabis 1.86 Bn 595.66 Mn 148.02 Mn
7 Verano Holdings 1.83 Bn 1.48 Bn 100.04 Mn
8 Green Thumb Industries 1.49 Bn 262.73 Mn 146.79 Mn
9 Cronos 1.24 Bn -1.90 Bn 32.28 Mn
10 Turning Point Brands 1.10 Bn 187.99 Mn 85.18 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 27.80
Jun 30, 2026 25.93
Mar 31, 2026 23.22
Dec 31, 2025 22.00
Sep 30, 2025 29.26
Jun 30, 2025 34.44
Mar 31, 2025 32.51
Dec 31, 2024 26.52
Sep 30, 2024 19.20
Jun 30, 2024 17.90
Mar 31, 2024 17.88
Dec 31, 2023 18.69
Sep 30, 2023 17.93
Jun 30, 2023 18.83
Mar 31, 2023 17.33
Dec 31, 2022 17.34
Sep 30, 2022 14.72
Jun 30, 2022 16.85
Mar 31, 2022 16.14
Dec 31, 2021 16.16
API Access

Philip Morris International Price to Earnings 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=price-to-earnings&ticker=PM&period=max&api_key=YOUR_API_KEY