The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

PM

Concerning the House

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. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.

United States · www.pmi.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$40.65B-1.9%
Gross profit$27.28B+4.2%
Operating income$11.56B+0.8%
Net income$7.06B+0.7%
Cash from ops$9.20B+3.2%
Quotation

$188.91

+2.72 (+1.5%)

52w hi$200.17
52w lo$140.59
Vol2.39M
As ofAug 13
The Verdict

Hold

Our score +0.09

Short+0.24
Medium+0.01
Long-0.04

computed 2026-08-13

By the Numbers

Philip Morris International Inc.

Consumer Defensive · Tobacco

Market cap$294.44B
Enterprise value$335.26B
Trailing P/E25.95x
Forward P/E20.60x
EV / EBITDA18.61x
P / S (ttm)6.92x
Profit margin25.6%
Return on equity
Revenue growth+10.4%
Earnings growth-7.5%
Debt / equity
Risk Metrics
Beta vs SPX0.03
Corr SPX0.02
Annual vol27.5%
Annual ret+28.0%
Sharpe1.02
Max DD-22.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.22
Sector+0.02
Technical+0.18
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$187.93$191.43$187.20$188.912.39M
Aug 12$184.28$187.00$184.02$186.193.54M
Aug 11$185.11$187.30$184.71$186.223.47M
Aug 10$188.00$188.60$185.01$186.003.15M
Aug 7$187.28$190.17$186.51$189.574.72M