Added to YB: 2026-08-03
Pitch date: 2026-07-30
PM [neutral]
Philip Morris International Inc.
+0.39%
current return
Author Info
No bio for this author
Company Info
Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches.
Market Cap
$299.3B
Pitch Price
$190.08
Price Target
N/A
Dividend
3.06%
EV/EBITDA
18.81
P/E
27.63
EV/Sales
8.09
Sector
Tobacco
Category
growth
PMI Q2 2026: The Growth Engine Holds, and VEEV's Rise Isn't a Product Story
PM (holding update): Q2'26 rev $11B (+10.4%, +7.6% organic), adj EPS $2.20 (+15.2%) beat $2.04 est. Cigarette volume +1.1% w/ ~10% pricing; IQOS in-market growth slowed to 5.1% (Japan pantry unwind, Poland flavor ban — underlying +10.2%). VEEV now Europe's #1 closed-pod (21.3% share, +55% vol). Guidance held to fund US ZYN/IQOS push. Multi-category retail engine is the moat. Won't chase post-pop.
Read full article (8 min)