Company

Philip Morris

Official Name: Philip Morris International Inc.

Headquarters: New York, NY, United States

Founded: 2008

Employees: 69,600

CEO: Mr. Jacek Olczak

NYSE: PM +2.82%

Market Cap

$148.50 Billion

USD as of Jan. 1, 2024

Market Cap History

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.

Philip Morris market capitalization over time

Evolution of Philip Morris International Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Philip Morris International Inc.

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)

Details

Headquarters:

120 Park Avenue

New York, NY 10017

United States

Phone: 917 663 2000