Philip Morris International PM · USD
Consumer Staples · Tobacco · US listing · 🇺🇸 United States
S&P 500
193.12
-2.41%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Philip Morris International
From its filings with the US Securities and Exchange Commission
Philip Morris International is based in Stamford, Connecticut and is incorporated in Virginia. Its shares trade on NYSE under the ticker PM. It is a member of the S&P 500. The SEC classifies its business as cigarettes. In the fiscal year to 31 December 2025, it reported revenue of $40.65bn and net income of $11.35bn. At that date it held total assets of $69.19bn and shareholders' equity of −$9.99bn. By business, Combustible Tobacco Products brought in 58.5% of revenue, followed by Smoke-Free Products at 41.5%.
With a strong foundation and significant expertise in life sciences, PMI has a long-term ambition to expand into wellness areas. The business strategy of our wellness unit, Aspeya, currently focuses on developing and commercializing primarily oral consumer wellness offerings. This includes medical and non-recreational cannabinoid products (including CBD), in line with applicable regulatory requirements, though any revenue related to cannabinoids is expected to be negligible in the near to medium term.
We have a range of SFPs in various stages of development, scientific assessment and commercialization. Our smoke-free products are designed for, and directed toward, current adult smokers and adult users of nicotine-containing products. We put significant effort to restrict access of our products from underage persons. We believe regulation must include measures designed to prevent youth initiation; and we also support and engage with relevant authorities to seek sensible regulation of flavors, mandated health warnings and minimum age laws.
IQOS, ZYN and VEEV are the leading brands in our SFPs portfolio. As of December 31, 2025, our smoke-free products were available for sale in 106 markets. With regard to modern oral pouches, we increased our presence to 56 markets.
Quoted from its 10-K, filed 6 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Staples
- Industry
- Tobacco
- Listed since
- 17 Mar 2008
- Employees
- 84,900
- Website
- pmi.com ↗
- Head office
- 677 WASHINGTON BLVD, STE. 1100, STAMFORD, CT, 06901
- Incorporated in
- VA
- Classification
- Cigarettes
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Andre CalantzopoulosNon-Executive Chairman of the Board, since 2008$564,430
- Mr. Jacek OlczakChief Executive Officer, Director, since 2009$20.2m
- Mr. Emmanuel BabeauChief Financial Officer$9.3m
- Mr. Massimo AndolinaPresident - Europe Region$310,000
- Mr. Werner BarthPresident - Combustibles Category and Global Combustibles Marketing$355,000
- Mr. Lars DahlgrenPresident - Smoke-Free Oral Products, Chief Executive Officer - Swedish Match
- Mr. Frederic de WildePresident - South and Southeast Asia, Commonwealth of Independent States, Middle East and Africa Region$7.8m
- Mr. Vassilis GkatzelisPresident - East Asia, Australia, and PMI Duty Free Region
- Ms. Stacey KennedyPresident - Americas Region, Chief Executive Officer - PMI's U.S. Business$7.3m
- Mr. Stefano VolpettiPresident - Smoke-Free Inhalable Products, Chief Consumer Officer$5.7m
- Mr. Yann GuerinSenior Vice President, General Counsel
- Mr. Reginaldo DobrowolskiVice President, Controller
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 84
- Environment
- 88
- Social
- 87
- Governance
- 77
- Direct emissions (scope 1)
- 288,574 t
- Energy emissions (scope 2)
- 403,431 t
- Value chain emissions (scope 3)
- 4,391,000 t
- Women in the workforce
- 44%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Philip Morris International Inc (PMI) has a strong global presence, operating in over 180 countries.
- PMI is the leading tobacco company in the world, with a portfolio of well-known and respected brands.
- The company has a strong financial position, allowing it to invest in research and development and expand its product offerings.
- PMI has a dedicated workforce and strong management team, ensuring effective decision-making and execution of strategies.
Weaknesses
- PMI faces increasing social and regulatory pressure to reduce smoking rates and limit the marketing of tobacco products.
- The company is highly dependent on cigarette sales, which may decline in the future due to health concerns and changing consumer preferences.
- PMI has limited diversification in its product portfolio and relies heavily on a few key brands.
Opportunities
- PMI can capitalize on the growing demand for reduced-risk products, such as e-cigarettes and heated tobacco products.
- Expanding into emerging markets presents significant opportunities for growth, as these markets have a large population and increasing disposable incomes.
- There is an opportunity to leverage technology and innovation to develop new and innovative smoking alternatives.
Threats
- The increase in anti-tobacco campaigns and stricter regulations may reduce tobacco consumption and impact PMI's sales.
- Competitors in the tobacco industry are constantly innovating and introducing new products, which may challenge PMI's market share.
- Negative public perception of the tobacco industry and the health risks associated with smoking pose a threat to PMI's reputation.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.