- Philip Morris reported an adjusted EPS of $1.55 for the fourth quarter, surpassing the estimate of $1.49.
- Total cigarette shipment volume reached 152.78 billion units.
- European cigarette shipment volume was recorded at 38.39 billion units.
- The shipment volume for South & Southeast Asia, Commonwealth of Independent States, Middle East, and Africa was 85.80 billion units.
- East Asia, Australia & PMI Duty Free saw a cigarette shipment volume of 11.42 billion units.
- Cigarette shipment volume in the Americas totaled 17.17 billion units.
- Heated tobacco unit shipment volume fell slightly short of the estimate, coming in at 35.72 billion units versus an expected 36.42 billion units.
- European heated tobacco shipment reached 15.20 billion units.
- Heated tobacco unit shipments in South & Southeast Asia, Commonwealth of Independent States, Middle East, and Africa were 8.43 billion units.
- East Asia, Australia, and PMI duty-free recorded a shipment of 11.95 billion heated tobacco units.
- The Americas had a heated tobacco shipment volume of 150 million units.
- Adjusted operating income for the quarter stood at $3.52 billion, exceeding the estimate of $3.46 billion.
- The company aims to improve its net debt to adjusted EBITDA ratio, targeting around 2x by the end of 2026.
- CEO Jacek Olczak highlighted the growth of IQOS and ZYN as well as strong performance in combustibles as drivers of full-year results.
- Olczak expressed hope for more countries to adopt tobacco harm reduction measures, citing the U.S. as an example.
- It’s crucial for places where smoke-free products are banned, as this could help reduce reliance on combustible cigarette consumption.
- The analyst recommendations on Philip Morris include 15 buys, 4 holds, and 1 sell.
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Philip Morris International on Smartkarma
Analysts at Baptista Research have provided insightful coverage on Philip Morris International Inc. on Smartkarma. In their report titled “Philip Morris International Inc.: These Are The 6 Biggest Factors Influencing Its Performance In 2025 & Beyond! – Major Drivers,” they highlighted the company’s robust performance in the third quarter of 2024. The results showcased significant gains in both traditional and smoke-free product categories, margin expansion, and growth in adjusted diluted earnings per share. This positive momentum follows a strong first half of the year, indicating solid strategic execution.
Additionally, Baptista Research‘s analysis in the report “Philip Morris International‘s Smoke-Free Product Growth: IQOS and ZYN Leading the Charge! – Major Drivers” emphasized PMI’s strong performance driven by the shift towards smoke-free products. The company’s earnings report underscored remarkable growth, especially in segments like IQOS and ZYN, which are making substantial strides globally. Despite this success, challenges such as regulatory pressures in Europe and supply chain limitations pose potential threats to PMI’s growth trajectory.
A look at Philip Morris International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the Smartkarma Smart Scores for Philip Morris International, it is evident that the company has a strong long-term outlook. With a high Resilience score of 5, indicating its ability to withstand economic fluctuations and challenges, Philip Morris International appears stable and well-positioned for the future. The company also scores well in Dividend and Momentum, receiving scores of 4 in both categories, showcasing its solid track record in providing returns to investors and maintaining positive stock momentum.
Additionally, with a Growth score of 3, there is still room for potential expansion and development within the company. Despite a Value score of 0, suggesting the stock may not be undervalued at the moment, the overall positive Smart Scores indicate a promising outlook for Philip Morris International. As a global leader in the tobacco industry, with a diverse portfolio of international and local brands, Philip Morris International remains a key player in the international markets for cigarettes and tobacco products.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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