Philip Morris International Inc. (PM)
Philip Morris International Inc. operates in the Tobacco industry of the Consumer Defensive sector, headquartered in Stamford, CT, US. The stock last traded at $188.19, down 0.23% on the session, giving a market capitalisation of $293.31B. On trailing twelve-month figures it carries a trailing P/E of 27.04, a net margin of 25.6%. Its beta of 0.40 implies it has historically moved less than the broad market.
Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.
Philip Morris International Inc. is most often compared with the following Consumer Defensive names: