PM
Philip Morris International Inc.
NYSEUSDEQUITY
Consumer Defensive
DELAYED
Buy
+35/100
Last price
190.16
▲ 0.63 (0.33%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
190.16
Prev close
189.53
Day high
192.05
Day low
189.01
Volume
4.24M
Market cap
$296.76B
P/E (TTM)
27.24
52W range
142.11 – 207.76
Day trading desk
Gap from prior close
+0.33%
Prior close 189.53
VWAP
190.46
-0.16% from price
Relative volume
2.00×
Unusually busy
Session range
1.61%
189.01 – 192.05
Position in range
38%
Mid range
ATR (14D)
4.25
2.24% of price
Prior day high
190.36
PDH
Prior day low
184.11
PDL
Bid / ask spread
—
Quote not published
Session volume
9.30M
Avg 4.65M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.81%
-3.8%
1M
+4.31%
+3.2%
3M
+1.78%
-2.7%
6M
+20.90%
+2.7%
YTD
+18.70%
+4.5%
1Y
+24.23%
+7.8%
3Y
+105.66%
+23.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on PM open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
2.56M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 6, 26 | HOOK LISA A. Director |
STOCK | 1.12K | $190.15K | Direct |
| May 6, 26 | CALANTZOPOULOS ANDRE Chairman of the Board |
STOCK | 1.12K | $190.15K | Direct |
| May 6, 26 | HARKER VICTORIA D Director |
STOCK | 1.12K | $190.15K | Direct |
| May 6, 26 | GEISSLER WERNER Director |
STOCK | 1.12K | $190.15K | Direct |
| May 6, 26 | POLET ROBERT Director |
STOCK | 1.12K | $190.15K | Direct |
| May 6, 26 | YANAI SHLOMO Director |
STOCK | 1.12K | $190.15K | Direct |
| May 6, 26 | MORPARIA KALPANA Director |
STOCK | 1.12K | $190.15K | Direct |
| May 6, 26 | COMBES MICHEL Director |
STOCK | 1.12K | $190.15K | Direct |
| May 6, 26 | BOUGH BONIN Director |
STOCK | 1.12K | $190.15K | Direct |
| Feb 20, 26 | DOBROWOLSKI REGINALDO Officer |
SELL | 6.00K | $1.10M | |
| Feb 20, 26 | KENNEDY STACEY Officer |
SELL | 14.35K | $2.63M | Direct |
| Feb 19, 26 | OLCZAK JACEK Officer and Director |
SELL | 80.00K | $14.57M | Direct |
| Feb 19, 26 | BABEAU EMMANUEL Officer |
SELL | 33.80K | $6.14M | Direct |
| Feb 19, 26 | GUERIN YANN Officer |
SELL | 4.00K | $726.76K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Fundamentals
Market cap$296.76B
Enterprise value$341.82B
Revenue (TTM)$42.55B
Gross profit$28.71B
EBITDA$18.02B
Net income$10.84B
EPS (TTM)$6.99
Free cash flow$9.71B
Total cash$6.00B
Total debt$49.14B
Book value / share$-5.51
Shares outstanding1.56B
Float1.55B
Short % of float0.89%
Dividend yield3.38%
Beta (5Y)0.36
Valuation & profitability ratios
Trailing P/E27.24
Forward P/E20.72
PEG ratio2.28
Price / sales—
Price / book—
EV / revenue8.03
EV / EBITDA18.97
Gross margin67.48%
Operating margin40.00%
Profit margin25.56%
Return on equity—
Return on assets14.59%
Debt / equity—
Current ratio0.98
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $40.65B | $37.88B | $35.17B | $31.76B | +7.3% |
| Operating revenue | $93.86B | $89.44B | $84.58B | $80.72B | +4.9% |
| Cost of revenue | $13.37B | $13.33B | $12.89B | $11.40B | +0.3% |
| Gross profit | $27.28B | $24.55B | $22.28B | $20.36B | +11.1% |
| Selling, general & admin | $12.35B | $11.15B | $10.06B | $8.11B | +10.8% |
| Total operating expense | $12.35B | $11.15B | $10.06B | $8.11B | +10.8% |
| Operating income | $14.93B | $13.40B | $12.22B | $12.25B | +11.4% |
| Net interest income | -$966.00M | -$1.14B | -$1.06B | -$588.00M | +15.5% |
| Pre-tax income | $13.88B | $12.20B | $10.45B | $11.63B | +13.8% |
| Tax provision | $2.74B | $3.02B | $2.34B | $2.24B | -9.3% |
| Net income | $11.35B | $7.06B | $7.81B | $9.05B | +60.8% |
| Net income to common | $11.32B | $7.03B | $7.79B | $9.02B | +60.9% |
| Basic EPS | 7.27 | 4.53 | 5.02 | 5.82 | +60.5% |
| Diluted EPS | 7.26 | 4.53 | 5.02 | 5.81 | +60.3% |
| EBIT | $15.47B | $13.96B | $11.98B | $12.40B | +10.8% |
| EBITDA | $17.46B | $15.75B | $13.37B | $13.48B | +10.9% |
| Basic shares | 1.56B | 1.55B | 1.55B | 1.55B | +0.1% |
| Diluted shares | 1.56B | 1.56B | 1.55B | 1.55B | +0.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $4.87B | $4.22B | $3.06B | $3.21B | +15.6% |
| Cash & short-term investments | $4.87B | $4.22B | $3.06B | $3.21B | +15.6% |
| Accounts receivable | $4.57B | $3.79B | $3.46B | $3.85B | +20.7% |
| Inventory | $11.48B | $9.45B | $10.77B | $9.89B | +21.4% |
| Total current assets | $24.36B | $20.17B | $19.75B | $19.62B | +20.8% |
| Property, plant & equipment | $8.40B | $7.31B | $7.52B | $6.71B | +14.9% |
| Goodwill & intangibles | $28.15B | $27.93B | $26.64B | $26.39B | +0.8% |
| Total assets | $69.19B | $61.78B | $65.30B | $61.68B | +12.0% |
| Total current liabilities | $25.43B | $22.91B | $26.38B | $27.34B | +11.0% |
| Current debt | $3.70B | $3.53B | $6.67B | $8.25B | +4.9% |
| Long-term debt | $45.13B | $42.17B | $41.24B | $34.88B | +7.0% |
| Total debt | $48.84B | $45.70B | $47.91B | $43.12B | +6.9% |
| Total liabilities | $77.21B | $71.65B | $74.75B | $67.99B | +7.8% |
| Retained earnings | $35.40B | $32.87B | $34.09B | $34.29B | +7.7% |
| Shareholder equity | -$9.99B | -$11.75B | -$11.22B | -$8.96B | +14.9% |
| Working capital | -$1.06B | -$2.75B | -$6.63B | -$7.72B | +61.2% |
| Net tangible assets | -$38.14B | -$39.68B | -$37.87B | -$35.34B | +3.9% |
| Shares issued | 2.11B | 2.11B | 2.11B | 2.11B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $11.85B | $7.50B | $8.27B | $9.53B | — | +57.9% |
| Depreciation & amortisation | $2.00B | $1.79B | $1.40B | $1.08B | — | +11.7% |
| Change in working capital | -$1.81B | $677.00M | -$1.30B | $162.00M | — | -367.1% |
| Operating cash flow | $12.23B | $12.22B | $9.20B | $10.80B | — | +0.1% |
| Capital expenditure | -$1.57B | -$1.44B | -$1.32B | -$1.08B | — | -8.7% |
| Investing cash flow | -$3.97B | -$1.09B | -$3.60B | -$15.68B | — | -263.3% |
| Share buybacks | — | $0 | $0 | -$209.00M | -$775.00M | — |
| Dividends paid | -$8.62B | -$8.20B | -$7.96B | -$7.81B | — | -5.2% |
| Financing cash flow | -$8.13B | -$9.48B | -$5.58B | $3.81B | — | +14.2% |
| Free cash flow | $10.66B | $10.77B | $7.88B | $9.73B | — | -1.0% |
| End cash position | $4.89B | $4.25B | $3.15B | $3.22B | — | +15.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $11.19B | $10.15B | $10.36B | $10.85B | $10.14B | +10.3% |
| Operating revenue | $11.19B | $10.15B | $63.57B | $10.85B | $10.14B | +10.3% |
| Cost of revenue | $3.53B | $3.24B | $3.56B | $3.49B | $3.27B | +9.0% |
| Gross profit | $7.66B | $6.91B | $6.80B | $7.36B | $6.87B | +10.9% |
| Selling, general & admin | $2.98B | $3.01B | $3.43B | $3.10B | $2.99B | -1.0% |
| Total operating expense | $3.13B | $3.01B | $3.43B | $3.10B | $3.11B | +3.9% |
| Operating income | $4.53B | $3.89B | $3.37B | $4.26B | $3.75B | +16.4% |
| Net interest income | -$243.00M | -$237.00M | -$218.00M | -$230.00M | -$277.00M | -2.5% |
| Pre-tax income | $4.29B | $3.66B | $3.15B | $4.02B | $3.42B | +17.2% |
| Tax provision | $955.00M | $676.00M | $675.00M | $751.00M | $652.00M | +41.3% |
| Net income | $2.82B | $2.44B | $2.14B | $3.48B | $3.04B | +15.5% |
| Net income to common | $2.81B | $2.43B | $2.13B | $3.47B | $3.03B | +15.6% |
| Basic EPS | 1.80 | 1.56 | 1.37 | 2.23 | 1.95 | +15.4% |
| Diluted EPS | 1.80 | 1.56 | 1.37 | 2.23 | 1.95 | +15.4% |
| EBIT | $4.54B | $3.90B | $3.98B | $4.25B | $3.70B | +16.3% |
| EBITDA | $5.05B | $4.41B | $4.51B | $4.75B | $4.19B | +14.5% |
| Basic shares | 1.56B | 1.56B | 1.56B | 1.56B | 1.56B | +0.1% |
| Diluted shares | 1.56B | 1.56B | 1.56B | 1.56B | 1.56B | +0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $6.00B | $5.45B | $4.87B | $4.04B | $4.14B | +10.1% |
| Cash & short-term investments | $6.00B | $5.45B | $4.87B | $4.04B | $4.14B | +10.1% |
| Accounts receivable | $5.18B | $5.12B | $4.57B | $4.80B | $4.99B | +1.2% |
| Inventory | $11.44B | $11.39B | $11.48B | $10.27B | $10.73B | +0.4% |
| Total current assets | $26.01B | $25.60B | $24.36B | $22.66B | $23.36B | +1.6% |
| Property, plant & equipment | $8.31B | $8.26B | $8.40B | $8.12B | $8.04B | +0.7% |
| Goodwill & intangibles | $27.09B | $27.58B | $28.15B | $28.33B | $28.61B | -1.8% |
| Total assets | $68.27B | $68.91B | $69.19B | $67.06B | $68.51B | -0.9% |
| Total current liabilities | $26.54B | $26.22B | $25.43B | $26.72B | $28.15B | +1.2% |
| Current debt | $6.75B | $8.14B | $3.70B | $8.22B | $9.03B | -17.1% |
| Long-term debt | $42.37B | $43.81B | $45.13B | $41.86B | $42.43B | -3.3% |
| Total debt | $49.11B | $51.95B | $48.84B | $50.08B | $51.46B | -5.5% |
| Total liabilities | $74.93B | $76.21B | $77.21B | $76.05B | $78.52B | -1.7% |
| Retained earnings | $36.05B | $35.54B | $35.40B | $35.56B | $34.38B | +1.5% |
| Shareholder equity | -$8.58B | -$9.28B | -$9.99B | -$10.91B | -$11.97B | +7.5% |
| Working capital | -$536.00M | -$620.00M | -$1.06B | -$4.05B | -$4.78B | +13.5% |
| Net tangible assets | -$35.68B | -$36.86B | -$38.14B | -$39.24B | -$40.57B | +3.2% |
| Shares issued | 1.56B | 2.11B | 2.11B | 2.11B | 2.11B | -26.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $2.98B | $2.58B | $2.25B | $3.61B | $3.15B | +15.6% |
| Depreciation & amortisation | $513.00M | $510.00M | $521.00M | $505.00M | $490.00M | +0.6% |
| Change in working capital | $1.54B | -$3.87B | $2.02B | $115.00M | -$152.00M | +139.7% |
| Operating cash flow | $5.49B | -$399.00M | $4.71B | $4.46B | $3.41B | +1,476.4% |
| Capital expenditure | -$380.00M | -$353.00M | -$444.00M | -$365.00M | -$356.00M | -7.6% |
| Investing cash flow | $26.00M | -$3.00M | -$428.00M | -$789.00M | -$2.32B | +966.7% |
| Dividends paid | -$2.30B | -$2.31B | -$2.29B | -$2.11B | -$2.11B | +0.4% |
| Financing cash flow | -$4.97B | $1.10B | -$3.58B | -$3.66B | -$1.56B | -553.9% |
| Free cash flow | $5.11B | -$752.00M | $4.26B | $4.10B | $3.06B | +779.8% |
| End cash position | $6.02B | $5.47B | $4.89B | $4.06B | $4.18B | +10.1% |
Options analytics
Put / call volume
0.89
Call-heavy session
Put / call open interest
0.82
Positioning, not flow
Max pain
187.50
-1.5% from spot
ATM implied vol
31.2%
Nearest strike to spot
Skew (10% OTM)
+1.2%
Puts bid over calls
Call volume
359
Contracts, this expiry
Put volume
318
Contracts, this expiry
Heaviest call OI
187.50
702 contracts
Heaviest put OI
190.00
605 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 2.05 | 2.20 | +7.3% |
| Mar 2026 | 1.83 | 1.96 | +7.1% |
| Dec 2025 | 1.70 | 1.70 | 0.0% |
| Sep 2025 | 2.10 | 2.24 | +6.9% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 2.34 | 4 | $11.36B | +4.7% |
| Next quarter | 1.95 | 4 | $11.00B | +6.2% |
| Current year | 8.40 | 14 | $43.53B | +7.1% |
| Next year | 9.19 | 15 | $46.06B | +5.8% |
Analyst targets & ownership
Mean target$208.13
High target$230.00
Low target$175.00
Implied upside9.45%
Analyst count15
ConsensusBUY
Strong buy / Buy3 / 9
Hold4
Sell / Strong sell0 / 0
Held by insiders0.16%
Held by institutions84.42%
Institutions holding3.51K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
190.69
-0.28% from price
SMA 20
190.54
-0.08% from price
SMA 50
189.81
+0.31% from price
SMA 100
186.54
+1.94% from price
SMA 200
178.22
+6.83% from price
EMA 12
190.14
+0.01% from price
EMA 26
189.95
+0.11% from price
EMA 50
188.89
+0.67% from price
RSI (14)
51.0
Neutral
MACD (12,26,9)
0.19
Hist -0.23
ATR (14)
4.25
2.23% of price
Realised vol 30D
18.9%
Annualised
Bollinger upper
195.21
20, 2σ
Bollinger lower
185.88
20, 2σ
50 / 200 cross
Golden
189.81 vs 178.22
Trend bias
Above 200
+6.83%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.16
Less volatile than market
Correlation to SPY
-0.07
Largely independent
Realised vol 30D
18.9%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-19.3%
Peak to trough
Max drawdown 5Y
-25.8%
Peak to trough
ATR 14
4.25
2.23% of price
Beta (reported)
0.36
5Y monthly, from filing
Short interest
Shares short
13.82M
Prior 12.99M
Change vs prior
+6.4%
Shorts adding
% of float
0.89%
Normal
% of shares out
0.89%
Against total outstanding
Days to cover
3.2
Liquid
Float
1.55B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 23, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Jul 30, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Jul 29, 26 | Barclays | MAINTAINED | Overweight | Overweight |
| Jul 23, 26 | Morgan Stanley | MAINTAINED | Overweight | Overweight |
| Jul 23, 26 | Stifel | MAINTAINED | Buy | Buy |
| Jul 23, 26 | Needham | MAINTAINED | Buy | Buy |
| Jul 2, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Jun 3, 26 | Morgan Stanley | MAINTAINED | Overweight | Overweight |
| Apr 23, 26 | Needham | MAINTAINED | Buy | Buy |
| Apr 17, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Apr 17, 26 | Morgan Stanley | MAINTAINED | Overweight | Overweight |
| Apr 13, 26 | Needham | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate$6.40 / yr
Forward yield3.38%
5-year avg yield4.27%
Payout ratio84.48%
Ex-dividend dateOct 2, 2026
Next pay dateOct 26, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-18
Corporate Changes & Voting Matters
8-K · 2026-09-08
Corporate Changes & Voting Matters
8-K · 2026-08-24
Periodic Financial Reports
10-Q · 2026-07-24
Corporate Changes & Voting Matters
8-K · 2026-07-22
Corporate Changes & Voting Matters
8-K · 2026-07-09
Annual report of employee stock purchase
11-K · 2026-06-29
Corporate Changes & Voting Matters
8-K/A · 2026-06-16
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.