Philip Morris International Inc. (PM)
Philip Morris: Assessing The 2025 Results In View Of The Premium Valuation
Philip Morris International Inc. (PM) announced its fourth quarter and full-year 2025 results on Friday, February 6, 2026. In this update, I will share my thoughts on Philip Morris' latest results, focusing in particular on its industry-leading smoke-free products segment. Although investors have become accustomed to management's regular earnings adjustments, I will nevertheless be closely scrutinizing the 22% upward revision of Q4 2025 earnings.
Philip Morris International Inc. (PM) Q4 2025 Earnings Call Transcript
Philip Morris International Inc. (PM) Q4 2025 Earnings Call Transcript
Philip Morris Q4 Earnings Beat Estimates, Revenues Grow 6.8% Y/Y
PM reports fourth quarter earnings growth as pricing strength and smoke-free expansion drove performance despite a revenue miss.
Philip Morris (PM) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Philip Morris (PM) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Philip Morris (PM) Q4 Earnings Top Estimates
Philip Morris (PM) came out with quarterly earnings of $1.7 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.55 per share a year ago.
Philip Morris Posts Higher Profit, Revenue; Forecasts Continued Growth
Philip Morris International logged higher profit and revenue in the fourth quarter, while forecasting continued growth for years to come.
Should Philip Morris Stock Be in Your Portfolio Ahead of Q4 Earnings?
PM's fourth-quarter results are likely to show revenue and earnings growth, supported by pricing discipline and strength in smoke-free products.
Philip Morris: Why The Good Times Are Likely To Continue
Philip Morris has outperformed, delivering a 108% total return since January 2024, more than doubling the S&P 500. Momentum is driven by strong growth in Zyn nicotine pouches. Q3's $100M Americas segment hit was a one-off promotional event; nicotine pouch volumes rose 36% year-over-year.
Philip Morris: Strong 4% Yield, But Nicotine Product Bans Are A Threat To Rapid Growth
Philip Morris earns a tentative buy rating, supported by robust margins and very strong smoke-free segment growth. The stock trades at a premium 22x earnings multiple, reflecting high market optimism for future sales and profit expansion. Regulatory risks in the near future, particularly in the EU, require close monitoring, as they could undermine the bullish thesis.
Philip Morris: Smoke 'Em If You Got 'Em
Philip Morris International is transforming into a smoke-free leader, with 41% of revenue now from smoke-free products. PMI's adjusted diluted EPS has surged 16% YTD, driven by robust SFP adoption, pricing power, and margin expansion. Shares trade at a forward P/E of 18.2, about 4% below a fair value estimate of $158, implying 14% upside through 2026.
Philip Morris International Inc. (PM) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Philip Morris International Inc. (PM) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Philip Morris: Recent Initiatives And Pullback In Valuation Make It A Buy Again (Upgrade)
PM is upgraded to a "buy" due to strong smoke-free growth and resilient combustible segment performance. PM's smoke-free products now comprise 41.3% of sales, with ZYN, IQOS, and VEEV brands showing robust global momentum and market leadership. Unlike MO, PM continues to grow its top-line in both smoke-free and traditional segments, justifying its valuation premium over peers.
