A new SEC filing for Philip Morris International Inc. (PM) triggered this report, reflecting updated financial disclosures as of 30 June 2026. The filing represents the most recent publicly available regulatory submission from the company, providing the basis for the data summarised below [Brief - 2026-07-25].
Philip Morris International recorded trailing twelve-month revenue of $42.55 billion as of 30 June 2026, representing year-over-year growth of 10.37% [SEC 10-Q - PM - 2026-06-30]. Gross margin stood at 67.48%, with an operating margin of 37.75% and a net margin of 25.56%. Net income on a TTM basis reached $10.87 billion, while earnings per share on a year-over-year basis declined 7.69%. The company held $5.99 billion in cash against total debt of $20.10 billion. Market capitalisation was recorded at approximately $347.74 billion, with a price-to-earnings ratio of 27.77 [SEC 10-Q - PM - 2026-06-30].
No insider transaction data from SEC Form 4 filings or institutional 13F holdings changes were included in the provided context for this reporting period. Accordingly, ownership and insider activity details are not cited in this report.
The prevailing interest rate environment shows the 10-year US Treasury yield at 4.71% and the 2-year yield at 4.37%, producing a normal yield curve with a spread of approximately 34 basis points [FRED DGS10] [FRED DGS2]. This rate configuration represents the broad macro backdrop against which PM's debt load of $20.10 billion and financing costs are assessed on an observational basis [SEC 10-Q - PM - 2026-06-30].