About Philip Morris International Inc
Philip Morris International Inc (PM) is a Consumer Defensive company in the Cigarettes industry with a market capitalisation of $302.5B. The stock trades at 27.86x trailing earnings and yields 3.03%.
- Sector
- Consumer Defensive
- Industry
- Cigarettes
- Market cap
- $302.5B
- P/E ratio
- 27.86
- EPS (TTM)
- $7.26
- Revenue (TTM)
- $40.6B
- Free cash flow
- $10.7B
- Profit margin
- 27.9%
- Dividend yield
- 3.03%
- Shares outstanding
- 1.6B
Financial health: Fair7/10
6 strengths, 2 concerns. Weakest points: current ratio, return on equity.
- Debt to equity: -0.02 (Strong, benchmark < 0.5) — Debt of -0.02x equity is conservative against the 0.5x benchmark. It has deteriorated over the last 4 years.
- Net debt vs cash flow: 0.0y (Strong, benchmark < 4 years) — Holds more cash than debt ($4.7B net cash).
- Current ratio: 0.96 (Concern, benchmark > 1.5) — Short-term assets cover only 0.96x short-term liabilities — below 1.0, meaning bills due this year exceed the assets on hand to pay them. It has improved over the last 4 years.
- Return on equity: -113.5% (Concern, benchmark > 15%) — Earns -113.5% on shareholder equity, well short of the > 15% mark.
- Gross margin: 67.1% (Strong, benchmark > 40%) — Keeps 67.1% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 27.9% (Strong, benchmark > 10%) — Turns 27.9% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $10.7B (Strong, benchmark positive) — Generated $10.7B of free cash flow after capital spending. It has been broadly flat over the last 4 years.
- Revenue growth: 7.3% (Watch, benchmark > 10%) — Revenue changed 7.3% year on year, short of the > 10% mark.
- Earnings growth: 60.8% (Strong, benchmark > 10%) — Earnings changed 60.8% year on year, comfortably past the > 10% mark.
- Payout ratio: 76.0% (Watch, benchmark < 60%) — Pays out 76.0% of earnings as dividends — above the level usually considered sustainable.