Company
Philip Morris
Official Name: Philip Morris International Inc.
Headquarters: New York, NY, United States
Founded: 2008
Employees: 69,600
CEO: Mr. Jacek Olczak
Market Cap
$157.66 Billion
USD as of July 1, 2024
Philip Morris Categories
United States Consumer Staples TobaccoUnited States Consumer Staples United States Tobacco
Company Description
Philip Morris is a global company that manufactures and sells cigarettes, other nicotine-containing products, and smoke-free products along with related electronic devices and accessories. They offer brands like IQOS, HEETS, Marlboro, and Parliament, and own various cigarette brands in markets like Indonesia and the Philippines.
Top Competitors by Market Capitalization
Industry: Tobacco
| Company | Market Cap (USD) |
|---|---|
| Altria Group, Inc. | $78.93 B |
| British American Tobacco plc | $68.96 B |
| Japan Tobacco, Inc. | $49.21 B |
| Imperial Brands plc | $22.27 B |
| Smoore International Holdings Ltd | $6.82 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Walmart | $542.78 B |
| Costco | $392.65 B |
| Procter & Gamble | $386.66 B |
| Coca-Cola | $272.82 B |
| Kweichow Moutai | $251.13 B |
Detailed Description
Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, smoke-free products, and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, and Parliament HeatSticks brands, as well as under the Fiit and Miix licensed brands. 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. It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, South and Southeast Asia, East Asia, Australia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.
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Stocks & Indices
Philip Morris International Inc. has the following listings and related stock indices.
Stock: NYSE: PM wb_incandescent
Stock: BMV: PM wb_incandescent
Stock: Bovespa: PHMO34 wb_incandescent
Stock: FSX: 4I1 wb_incandescent
Stock: MTA: PHMO.U wb_incandescent
Stock: SIX: PMI wb_incandescent
Product & Services
Cigarettes, Nicotine-containing Products, Smoke-free Products, Heated Tobacco Products, Nicotine-containing Vapor Products
Key People
Founder(s): Philip Morris
André Calantzopoulos (Executive Chairman) Jacek Olczak (CEO)
Financials
Revenue: US$76.047 Billion (Fiscal Year Ended December 31, 2020)
Operating income: US$11.668 Billion (Fiscal Year Ended December 31, 2020)
Net income: US$8.056 Billion (Fiscal Year Ended December 31, 2020)
Total assets: US$44.815 Billion (Fiscal Year Ended December 31, 2020)
Total equity: –US$10.631 Billion (Fiscal Year Ended December 31, 2020)