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Philip Morris International Inc   (NYSE: PM)
Other Ticker:  
 
    Sector  Consumer Non Cyclical    Industry Tobacco
   Industry Tobacco
   Sector  Consumer Non Cyclical
 
Price: $181.2000 $2.32 1.297%
Day's High: $181.47 Week Perf: -0.51 %
Day's Low: $ 178.24 30 Day Perf: 0.3 %
Volume (M): 1,987 52 Wk High: $ 186.44
Volume (M$): $ 359,729 52 Wk Avg: $140.01
Open: $179.36 52 Wk Low: $101.62



 Market Capitalization (Millions $) 283,388
 Shares Outstanding (Millions) 1,564
 Employees 82,700
 Revenues (TTM) (Millions $) 38,386
 Net Income (TTM) (Millions $) 8,094
 Cash Flow (TTM) (Millions $) 377
 Capital Exp. (TTM) (Millions $) 1,431

Philip Morris International Inc
Philip Morris International Inc. Overview

Philip Morris International Inc. (PMI) is a Virginia-based holding company that was incorporated in 198 PMI focuses on the manufacture and sale of cigarettes and other tobacco products primarily in markets outside the United States. PMI operates in approximately 160 countries, with a significant market presence in many, often ranking as the number one or number two tobacco company in those markets. The company offers a broad spectrum of products, catering to diverse consumer preferences through its various premium, mid-price, and low-price brands.

Product Portfolio

PMIs product lineup is prominently anchored by Marlboro, recognized as the world's best-selling international cigarette brand. Marlboro accounted for a substantial percentage of PMIs shipment volume, maintaining its stronghold in the premium category alongside brands like Merit, Parliament, and Virginia Slims.

In the mid-price segment, L&M and Chesterfield are leading brands. For the low-price segment, notable brands include Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. Furthermore, PMI maintains a significant portfolio of local brands that hold importance in various markets, such as A Mild, Dji Sam Soe, and A Hijau in Indonesia, Diana in Italy, and Optima in Russia, among others.

Market Strategy and Distribution

PMI employs a multifaceted distribution strategy tailored to the unique characteristics of each market, focusing on efficiency and widespread availability. The primary distribution methods include:

- Direct Sales and Distribution (DSD): Directly distributing products to retailers.
- Single Independent Distributors: Engaging independent distributors within a single market.
- Exclusive Zonified Distribution (EZD): Granting distributors exclusive territories to optimize their investment returns.
- Distribution through Wholesalers: Supplying either national or regional wholesalers who service the retail market.

In addition to the main distribution channels, PMI also caters to key commercial accounts, including gas stations, retail chains, and supermarkets.

Procurement and Raw Materials

PMI sources its tobacco and non-tobacco materials primarily through third parties, providing flexibility and cost-effectiveness. The company buys tobacco leaf of diverse grades globally, primarily via independent tobacco dealers, and establishes direct contracts with farmers in key tobacco-producing countries such as the United States, Argentina, Mexico, Indonesia, and several others.

Key tobacco supply sources include:

- United States: Predominantly provides Virginia (flue-cured) and Burley tobaccos.
- Brazil: Known mainly for Virginia and some Burley tobaccos.
- Indonesia: Primarily supplies domestic kretek products.
- Turkey and Greece: Sourcing Oriental tobacco varieties.
- Argentina and Malawi: Focused mainly on Burley tobaccos.

Competitive Landscape

PMI operates in a highly competitive environment, navigating challenges from major international tobacco companies and various regional and local competitors, including state-owned enterprises in countries like China and Vietnam. The competition is driven by factors such as product quality, brand loyalty, innovation, packaging, and pricing strategy. PMI primarily competes in the popular American blended cigarette segment and aims to maintain a presence across all profitable price segments.

Transition Toward Reduced-Risk Products

In recent years, PMI has pivoted towards the development and marketing of smoke-free alternatives. The company has invested heavily in research and development to create products like IQOS, a heated tobacco product that aims to provide adult consumers with less harmful choices compared to traditional cigarettes. This strategic direction is part of PMIs commitment to a smoke-free future,reflecting a significant shift in its business model to respond to evolving consumer preferences and regulatory pressures pertaining to tobacco use.

Conclusion

Philip Morris International Inc. has established itself as a dominant player in the global tobacco marketplace, navigating a complex landscape marked by competition, regulatory challenges, and changing consumer habits. The companys ongoing commitment to innovation, including a focus on reduced-risk products, positions it for continued relevance in a transforming industry.


   Company Address: 677 Washington Blvd, Suite 1100 Stamford 6901 CT
   Company Phone Number: 905-2410   Stock Exchange / Ticker: NYSE PM


Customers Net Income fell by PM's Customers Net Profit Margin fell to

-9.19 %

3 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Business Update

IQOS and SELETTI Debut Curious X Sensorium Piazza Installation at Milan Design Week A Bold Step Towards a Smok...

Published Mon, Apr 7 2025 12:02 PM UTC

IQOS and SELETTI Join Forces for Milan Design Week: Celebrating Design, Innovation, and a Smoke-Free Future As Philip Morris International (PMI, NYSE: PM) continues its steadfast journey toward a smoke-free world, the company recently unveiled an exciting collaboration with the esteemed Italian design brand, SELETTI, during Milan Design Week. The collaboration, dubbed Curio...

Business Update

Philip Morris International A Decade of Progress Towards a Smoke-Free Future Amid Financial Challenges

Published Wed, Nov 27 2024 10:47 AM UTC

Philip Morris International Inc. (PMI) recently celebrated a significant milestone: the 10th anniversary of IQOS, its flagship smoke-free product designed to provide an alternative to traditional cigarettes. Introduced in Japan in 2014, IQOS is part of PMI s broader strategy to shift towards a smoke-free future. The company publicly affirms this commitment is essential as it...

Business Update

FDAs Green Light for Swedish Match Snus A Boost for Philip Morris Amidst Shifting ROI Dynamics

Published Tue, Nov 12 2024 3:36 AM UTC

In a decisive move that underscores the evolving landscape of tobacco products, the U.S. Food and Drug Administration (FDA) has granted a renewed risk modification order to Swedish Match USA, Inc. a subsidiary of Philip Morris International, Inc. This authorisation pertains to the company s General snus, a smokeless tobacco product popular in Sweden, allowing it to continue ...

Business Update

Philip Morris International Sells Vectura Group to Molex in Strategic Shift Toward Inhaled Therapeutics

Published Tue, Sep 17 2024 1:47 PM UTC

Stamford, CT In a notable move within the pharmaceutical and manufacturing sectors, Vectura Fertin Pharma, Inc. an affiliate of Philip Morris International Inc. (PMI), has announced the sale of its subsidiary, Vectura Group Ltd. to Molex Asia Holdings Ltd. This strategic decision aligns with PMI s ongoing transformation and emphasis on inhaled therapeutics, a burgeoning ar...

Philip Morris International Inc

Philip Morris International Inc. Reports a Notable 5.58% Revenue Surge as Fiscal Year Ends on June 30, 2024!


Philip Morris International Inc: A Comprehensive Analysis of Recent Financial Performance and Strategic Developments



Philip Morris International Inc. (PMI) is one of the world?s leading tobacco companies, well-known for its iconic Marlboro brand and a range of other tobacco and nicotine products. As the company navigates regulatory changes, shifting consumer preferences, and a growing focus on smoke-free alternatives, its financial performance and strategic initiatives have become pivotal for its long-term viability. The results from the second quarter of 2024 highlight significant advancements in PMI's operations, revealing a robust growth trajectory amidst the evolving landscape of the tobacco industry.


Financial Performance Overview: Second Quarter of 2024
In its recently published results, PMI reported a phenomenal performance in the second quarter of 2024. Earnings Per Share (EPS) grew by an impressive 52.48% to $1.54 compared to the same quarter in the previous year. Revenue climbed 5.587% to $9.47 billion, showcasing the company's resilient business model and operational efficiencies.







Philip Morris International Inc's Segments
Europe    38.28 % of total Revenue
SSEA CIS MEA    29.49 % of total Revenue
EA AU PMI GTR    18.61 % of total Revenue
Americas    13.62 % of total Revenue
Combustible Tobacco Products    58.12 % of total Revenue
Combustible Tobacco Products Europe    20.5 % of total Revenue
Combustible Tobacco Products SSEA CIS MEA    25.94 % of total Revenue
Combustible Tobacco Products EA AU PMI GTR    6.48 % of total Revenue
Combustible Tobacco Products Americas    5.2 % of total Revenue
Smoke-Free Products    41.88 % of total Revenue
Smoke-Free Products Europe    17.77 % of total Revenue
Smoke-Free Products Europe Wellness Healthcare    0.55 % of total Revenue
Smoke-Free Products SSEA CIS MEA    3.55 % of total Revenue
Smoke-Free Products EA AU PMI GTR    12.13 % of total Revenue
Smoke-Free Products Americas    8.42 % of total Revenue

  Philip Morris International Inc Outlook

On April 23 2024 the Philip Morris International Inc provided following guidance

t growth.

Philip Morris International Inc. (PMI) has reported strong first-quarter results for 2024, with notable top-line growth and a substantial increase in margins. This performance has led to an upward revision of the company's 2024 currency-neutral guidance. Jacek Olczak, CEO of PMI, expressed confidence in the company's performance and highlighted the ongoing momentum in the smoke-free category. PMI has seen rapid growth in underlying volume, as well as an acceleration in organic net revenue and gross profit.

Overall, PMI's first-quarter results indicate positive momentum and a promising outlook for the rest of the year. The company continues to focus on driving growth and innovation in ...





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