Philip Morris International Inc. (PM) is currently priced at $165.47, marking a significant increase of $4.57 (2.84%) from the previous close of $160.90. The trading volume stands at $941,153, which is 17.73% higher than the average volume. The asset is showing strong performance today, likely influenced by positive market sentiment.
In the latest earnings report released on Tuesday, April 21st, PM exceeded expectations with a consensus estimate EPS of 1.83. The company's revenue and profit margin figures for the latest quarter are not yet available.
PM offers a forward dividend yield of 3.55%, with a dividend per share MRQ of $1.47. The year-over-year dividend per share has increased by 6.4151 cents to $5.76 on a trailing twelve-month basis.
The company reported a net change in cash of $578 million. Notable cash flow activities include debt repayment of -$3.38 billion and operating cash flow of -$399 million. PM ended the period with $5.47 billion in cash.
PM generated $10.15 billion in revenue, resulting in a gross profit of $6.91 billion. Operating income stood at $3.89 billion, with a net income of $2.44 billion. The earnings per share (EPS) is $1.56.
Key ratios for PM include a gross profit margin of 68.06%, net profit margin of 24.03%, and a price-earnings ratio of 26.5. The return on assets is 3.54, while the debt ratio is 75.38%.
The balance sheet shows total assets of $68.91 billion, with total liabilities amounting to $76.21 billion. PM holds $5.45 billion in cash and cash equivalents, with a net debt of $46.50 billion.
Investors are closely monitoring PM's financial performance, with positive indicators driving up the asset's value in today's trading session.
Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.