With a market capitalization (market cap) of $292.43B — a measure of how much the company is worth — Philip Morris International Inc. is the 50th most valuable company in Consumer Defensive as of August 18, 2026. Shares trade at $187.62, up +1.68% on the day.
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Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.
Visit websiteAs of August 18, 2026, Philip Morris International Inc. (PM) is worth $292.43B — this is its market capitalization, the total value of all its outstanding shares.
Philip Morris International Inc.’s market cap is $292.43B, which ranks it #50 among the most valuable companies in the Consumer Defensive sector tracked on MarketCapLens.
Philip Morris International Inc. (PM) shares trade at $187.62, up 1.68% on the day, as of August 18, 2026.
Fundamentals are annual. Figures labeled with their fiscal year.
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Philip Morris International Inc. trades at a price-to-earnings (P/E) ratio of 25.8, based on its latest share price and annual earnings per share.