Ticker
PM

Price
91.62
Stock movement up
+1.57 (1.74%)
Company name
Philip Morris International Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Consumer Defensive >
Tobacco
Market cap
142.03B
Ent value
206.82B
Price/Sales
4.47
Price/Book
-
Div yield
5.54%
Div growth
3.62%
Growth years
13
FCF payout
140.45%
Trailing P/E
15.70
Forward P/E
13.26
PEG
2.98
EPS growth
-0.70%
1 year return
-13.17%
3 year return
6.81%
5 year return
3.16%
10 year return
-0.08%
Last updated: 2023-06-06
Philip Morris International Inc. (NYSE:NYSE:PM) Annual Deutsche Bank Global Consumer Conference Call June 6, 2023 3:15 AM ETCompany ParticipantsEmmanuel Babeau - Chief Financial...
June 6, 2023

iO Charts is a Seeking Alpha partner

Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
June 6, 2023

iO Charts is a Seeking Alpha partner

BUSINESS INSIGHT

Product Category Revenues ($M)

Loading...
Product category comments

RRP stands for Reduced Risk Product. These are revenues from heat-not-burn products, like IQOS

IQOS is a tobacco heating system. IQOS heats specially designed heated tobacco units up to 350°C, without combustion, fire, ash, or smoke. This generates a flavorful nicotine-containing vapor, releasing the true taste of heated tobacco. Since there is no burning, the levels of harmful chemicals are significantly reduced compared to cigarette smoke

Revenue for RRP per region ($M)

Loading...
Product category comments

RRP stands for Reduced Risk Product. These are revenues from heat-not-burn products, like IQOS

IQOS is a tobacco heating system. IQOS heats specially designed heated tobacco units up to 350°C, without combustion, fire, ash, or smoke. This generates a flavorful nicotine-containing vapor, releasing the true taste of heated tobacco. Since there is no burning, the levels of harmful chemicals are significantly reduced compared to cigarette smoke

Total Geographic Revenues ($M)

Loading...

IQOS Users (million)

Loading...

Shipment Volume by Category (billion units)

Loading...

International Market Share of Unit Volume (percentage, outside USA and China)

Loading...

Market Launches of Smoke-free Products

Loading...
Market Launches comments

Reflects markets where PMI smoke-free products are available in key cities or nationwide.

Loading...
AD

DIVIDENDS

Dividend yield - 5y

Loading...
Dividend yield data
Dividend per share5.08
Dividend yield5.54%
Payout frequencyQuarterly
Maximum yield7.80%
Average yield5.54%
Minimum yield4.47%
Discount to avg yield0.13%
Upside potential0.13%
Yield as % of max yield71.06%

Yield distribution (inverse percentile) - 5y

Loading...
Yield distribution data
Dividend yield5.54%
Current yield distribution41.83%
Yield at 100% (Min)4.47%
Yield at 90%4.94%
Yield at 80%5.05%
Yield at 50% (Median)5.43%
Yield at 20%6.00%
Yield at 10%6.33%
Yield at 0% (Max)7.80%

Dividend per share

Loading...
Dividend per share data
Years of growth13 years
CCC statusDividend Contender
Dividend per share5.08
Payout frequencyQuarterly
Ex-div date22 Mar 2023
EPS (TTM)5.81
EPS (1y forward)6.91
EPS growth (5y)-0.70%
EPS growth (5y forward)5.27%

Dividend growth

Loading...
Please create a free account or log in to access this chart
Dividend growth data
PMS&P500
DGR MR1.60%-15.45%
DGR TTM2.22%11.27%
DGR 3 years2.94%4.00%
DGR 5 years3.62%5.65%
DGR 10 years7.37%7.37%
DGR 15 years-5.83%
Time since last change announced267 days
EPS growth (5y)-0.70%
EPS growth (5y forward)5.27%

Payout ratio

Loading...
Please create a free account or log in to access this chart
Payout ratio data
EPS coverageFCF coverage
TTM86.34%140.45%
Average--
Forward73.52%-
Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
May 30, 2023

iO Charts is a Seeking Alpha partner

Philip Morris' entry to the US smoke-free market is still possible through IQOS, as US FDA authorized 3 Marlboro HTPs in Jan. 2023. Read more about PM stock here.
May 20, 2023

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

Loading...
Valuation Ratios data
Trailing P/E15.70
Price to OCF13.15
Price to FCF25.54
Price to EBITDA21.35
EV to EBITDA31.09

Valuation (Sales/Book Value)

Loading...
Valuation (Sales/Book Value) data
Price to Sales4.47
Price to Book-
EV to Sales6.51
Loading...
AD

FINANCIALS

Per share

Loading...
Per share data
Current share count1.55B
EPS (TTM)5.81
FCF per share (TTM)3.57

Income statement

Loading...
Income statement data
Revenue (TTM)31.76B
Gross profit (TTM)20.36B
Operating income (TTM)12.22B
Net income (TTM)9.05B
EPS (TTM)5.81
EPS (1y forward)6.91

Margins

Loading...
Margins data
Gross margin (TTM)64.10%
Operating margin (TTM)38.48%
Profit margin (TTM)28.49%

Balance Sheet

Loading...
Please create a free account or log in to access this chart
Balance Sheet data
Cash3.21B
Net receivables4.76B
Total current assets19.62B
Goodwill19.66B
Intangible assets6.73B
Property, plant and equipment0.00
Total assets61.68B
Accounts payable4.08B
Short/Current long term debt43.12B
Total current liabilities27.34B
Total liabilities67.99B
Shareholder's equity-6.31B
Net tangible assets-8.96B

Cash flow

Loading...
Please create a free account or log in to access this chart
Cash flow data
Operating cash flow (TTM)10.80B
Capital expenditures (TTM)1.08B
Free cash flow (TTM)5.56B
Dividends paid (TTM)7.81B

Financial returns

Loading...
Please create a free account or log in to access this chart
Financial returns data
Return on Equity-
Return on Assets14.67%
Return on Invested Capital24.58%
Cash Return on Invested Capital15.11%
Philip Morris has a leading position in the smoke-free space, bolstered by strong growth from its IQOS heat-not-burn product. See why PM stock is a Buy.
May 11, 2023

iO Charts is a Seeking Alpha partner

Philip Morris' transition to higher-margin smoke-free products appears to be on track. Click here to see why PM stock is a Buy.
May 11, 2023

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

Loading...
Stock price data
Open89.95
Daily high91.70
Daily low89.88
Daily Volume4.39M
All-time high122.90
1y analyst estimate113.38
Beta0.72
EPS (TTM)5.81
Dividend per share5.08
Ex-div date22 Mar 2023
Next earnings date20 Jul 2023

Downside potential

Loading...
Downside potential data
PMS&P500
Current price drop from All-time high-25.45%-10.40%
Highest price drop-51.20%-56.47%
Date of highest drop23 Mar 20209 Mar 2009
Avg drop from high-15.89%-11.53%
Avg time to new high25 days13 days
Max time to new high1502 days1805 days
Philip Morris International has underperformed Altria Group on both income and growth. Read more to see why I am not adding new money into PM stock.
May 11, 2023

iO Charts is a Seeking Alpha partner

Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
May 4, 2023

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
PM (Philip Morris International Inc) company logo
Marketcap
142.03B
Marketcap category
Large-cap
Description
Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HBLENDS, EETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, SENTIA, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe and Sampoerna A in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 73 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.
Employees
79800
SEC filings
CEO
André Calantzopoulos
Country
USA
City
New York
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...
Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
April 24, 2023

iO Charts is a Seeking Alpha partner

The following slide deck was published by Philip Morris International Inc.
April 20, 2023

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
Loading...
COMPANY NEWS
Seeking AlphaPress releases
Philip Morris International Inc. (NYSE:NYSE:PM) Q1 2023 Earnings Conference Call April 20, 2023 9:00 AM ETCompany ParticipantsJames Bushnell - Vice President of Investor Relations and...
April 20, 2023
Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
April 20, 2023
Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
April 20, 2023
Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
April 20, 2023
Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
April 19, 2023
Philip Morris (PM) is preparing to release Q1 earnings. Read why the market expects an earnings beat from the tobacco giant.
April 19, 2023
Get the latest news and real-time alerts from Philip Morris International Inc. (PM) stock at Seeking Alpha.
April 19, 2023
Get ahead of the market by subscribing to Seeking Alpha's Stocks to Watch, a preview of key events scheduled for the coming week.
April 15, 2023
Philip Morris has a huge opportunity in front of it as it derives more and more revenue from smoke-free products. Read why PM stock is a Buy.
April 9, 2023
Philip Morris International operates as a tobacco company working to deliver a smoke-free future. Find out why PM stock is a Hold.
April 7, 2023
iO Charts is a Seeking Alpha partnerNext page