OverviewSuggest Edit

Philip Morris International is a multinational cigarette and tobacco manufacturing company. It manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. The company operates a portfolio of tobacco and cigarette brands.

TypePublic
Founded2008
HQNew York, US
Websitepmi.com
Employee Ratings3.7
Culture scoreC+

Latest Updates

Employees (est.) (Dec 2019)73,500(-5%)
Job Openings635
Revenue (FY, 2019)$29.8 B
Share Price (Mar 2020)$69.2 (-2%)

Key People/Management at Philip Morris

Massimo Andolina

Massimo Andolina

Senior Vice President, Operations
Louis C. Camilleri

Louis C. Camilleri

Chairman of the Board
Werner Geissler

Werner Geissler

Director
Drago Azinovic

Drago Azinovic

President, Middle East, Africa & Pmi Duty Free
Martin King

Martin King

CFO
Lisa Hook

Lisa Hook

Director
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Philip Morris Office Locations

Philip Morris has offices in New York, Merlo, Melbourne, Antwerp and in 74 other locations
New York, US (HQ)
120 Park Ave
Lausanne, CH
50 Avenue de Rhodanie
Neuchâtel, CH
Quai Jeanrenaud 3
Show all (79)

Philip Morris Financials and Metrics

Philip Morris Revenue

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Philip Morris's revenue was reported to be $29.81 b in FY, 2019
USD

Revenue (FY, 2019)

29.8b

Gross profit (FY, 2019)

19.3b

Gross profit margin (FY, 2019), %

64.7%

Net income (FY, 2019)

7.2b

EBIT (FY, 2019)

10.5b

Market capitalization (27-Mar-2020)

107.6b

Closing stock price (27-Mar-2020)

69.2

Cash (31-Dec-2019)

6.9b

EV

131.8b
Philip Morris's current market capitalization is $107.6 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

67.7b76.3b77.4b80.0b80.1b73.9b75.0b78.1b29.6b29.8b

Revenue growth, %

0%(8%)1%

Cost of goods sold

9.7b10.7b10.4b10.4b10.4b9.4b9.4b10.4b10.8b10.5b

Gross profit

58.0b65.7b67.0b69.6b69.7b64.5b65.6b67.7b18.9b19.3b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.7b2.6b3.0b2.2b1.7b3.4b4.2b8.4b6.6b6.9b

Accounts Receivable

3.0b3.2b3.6b3.7b3.0b3.1b

Prepaid Expenses

356.0m591.0m619.0m603.0m481.0m701.0m

Inventories

8.3b8.1b8.9b8.8b8.8b9.2b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

7.3b8.6b8.8b8.9b7.7b7.0b7.3b6.3b8.3b7.7b

Depreciation and Amortization

932.0m993.0m898.0m875.0m989.0m964.0m

Inventories

1.1b(36.0m)(728.0m)(1.4b)105.0m(841.0m)(695.0m)730.0m(613.0m)(548.0m)

Accounts Payable

(72.0m)199.0m10.0m103.0m177.0m310.0m373.0m425.0m(51.0m)451.0m
USDY, 2019

EV/EBIT

12.5 x

EV/CFO

13.1 x

Revenue/Employee

405.5k

Financial Leverage

-4.5 x
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Philip Morris Online and Social Media Presence

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Philip Morris Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    C-

    64/100

  • Compensation

    A+

    87/100

  • Diversity

    B+

    73/100

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Philip Morris News and Updates

Daily Dividend Report: General Dynamics, Hess, Verizon Communications, Amgen, Philip Morris

Daily Dividend Report: General Dynamics, Hess, Verizon Communications, Amgen, Philip Morris

Philip Morris says CFO King steps down to head new America division

Tobacco giant Philip Morris International Inc said on Monday Martin King will step down as chief financial officer to head the newly created America division, which has a licensing deal with Altria Group to sell heated-tobacco device IQOS.

Philip Morris names new CFO

Philip Morris International Inc. said Monday that it has appointed Emmanuel Babeau as its new chief financial officer, when he joins the cigarette seller on May 1. Current CFO Martin King, who's been in the role since January 2018, will take on the newly created role of chief executive of PMI Ameri…

Inside the Philip Morris campaign to 'normalize' a tobacco device

At Germany's Bambi Awards for the media industry in November, celebrities posed for red-carpet photos against a backdrop of established luxury brands. Alongside the likes of Mercedes-Benz and Swiss watchmaker Chopard was a newer name: IQOS, a "reduced risk" heated-tobacco device sold by cigarette ma…

Philip Morris shares dip then bounce after it reiterates below-consensus guidance for 2020

Philip Morris International Inc. shares slid 3.6% in premarket trade Wednesday before reversing those losses, after the Marlboro cigarette maker said it still expects 2020 per-share earnings of $5.50, below the $5.59 FactSet consensus. The company reiterated its guidance in a statement published ah…

Philip Morris Forecasts Higher Profit as IQOS Sales Rise

Philip Morris Forecasts Higher Profit as IQOS Sales Rise
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Philip Morris Frequently Asked Questions

  • When was Philip Morris founded?

    Philip Morris was founded in 2008.

  • Who are Philip Morris key executives?

    Philip Morris's key executives are Massimo Andolina, Louis C. Camilleri and Werner Geissler.

  • How many employees does Philip Morris have?

    Philip Morris has 73,500 employees.

  • What is Philip Morris revenue?

    Latest Philip Morris annual revenue is $29.8 b.

  • What is Philip Morris revenue per employee?

    Latest Philip Morris revenue per employee is $405.5 k.

  • Who are Philip Morris competitors?

    Competitors of Philip Morris include Reynolds American, British American Tobacco and Japan Tobacco.

  • Where is Philip Morris headquarters?

    Philip Morris headquarters is located at 120 Park Ave, New York.

  • Where are Philip Morris offices?

    Philip Morris has offices in New York, Merlo, Melbourne, Antwerp and in 74 other locations.

  • How many offices does Philip Morris have?

    Philip Morris has 79 offices.