Philip Morris International Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jacek Olczak
- Full Time Employees
- 83,100
- Sector
- Consumer Defensive
- Industry
- Tobacco
- Address
- 677 Washington Boulevard New York City NY United States of America 10017-5592
- IPO Date
- Mar 17, 2008
- CIK
- 0001413329
- Website
- pmi.com
- Similar Companies
- Business
- Philip Morris International Inc. (PMI) manufactures and markets cigarettes and smoke-free products worldwide, focusing on heated tobacco, e-vapor products, and oral nicotine pouches to advance a smoke-free future. Headquartered in Stamford, Connecticut, the company was spun off from Altria Group Inc. in 2008 and operates in approximately 170 markets with 51 production facilities and around 83,100 employees. Its leading cigarette brands include Marlboro, L&M, and others among the world's top 15, while smoke-free offerings feature IQOS heated tobacco systems with HEETS/TEREA sticks, ZYN nicotine pouches, VEEV e-vapor devices, and oral smokeless products like snus; as of the third quarter of 2025, smoke-free products account for 41% of total global net revenues, with over 41 million adult users across 100 markets. PMI invests heavily in research and development, employing 1,460 scientists and engineers, and has committed over USD 14 billion since 2008 to develop and substantiate these alternatives scientifically. In recent developments, PMI announces an organizational evolution effective January 1, 2026, introducing U.S. and International Business Units with new reportable segments—International Smoke-Free, International Combustibles, and U.S.—to enhance agility in its smoke-free transition; it expands its partnership with Scuderia Ferrari HP in December 2025 by adding ZYN branding to Formula 1 liveries starting at the Abu Dhabi Grand Prix; and through its Swedish Match affiliate, invests USD 232 million in a Kentucky facility expansion in 2024 to boost ZYN production, adding 450 jobs amid growing U.S. demand.
My Top High-Yield Dividend Stock to Buy for Passive Income, Even If There's a Stock Market Crash
FDA lets Philip Morris market Zyn nicotine pouches as less harmful than cigarettes
FDA Issues Modified Risk Tobacco Product Orders for 20 ZYN Nicotine Pouch Products
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US FDA proposes rule to tighten oversight of foreign tobacco makers
The WSJ Leadership Institute Names Philip Morris International Among “Best Companies For the Future”
The WSJ Leadership Institute Names Philip Morris International Among “Best Companies For the Future”
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Counterfeit Cigarettes Drive EU Illicit Market Above 10% for First Time Since 2014
Counterfeit Cigarettes Drive EU Illicit Market Above 10% for First Time Since 2014
PMI Cuts Outlook After $500 Million Write-Down As BAT Stays Cautious
Philip Morris cuts annual profit forecast on cost pressure, weak pricing power
Philip Morris to Post $500 Million Impairment on Canada Affiliate
Philip Morris International Participates in 2026 dbAccess Global Consumer Conference; Updates 2026 Full-Year Diluted EPS Forecast for Currency and Non-Cash Impairment Only