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Philip Morris

Sells Marlboro cigarettes abroad, IQOS heated tobacco and Zyn.

Company Health

78
/100
Healthy
A quick check of the business from its yearly reports (2022–2025). It doesn’t say whether the stock is a good buy.
Does it make money?
24 of 25 · Good
$28 of every $100 in sales was left as profit last year.
Is it growing?
18 of 25 · Good
Sales grew about 9% a year over the last 3 years.
Can it handle what it owes?
12 of 25 · Okay
It would take about 6 years of the cash its business brings in to pay off everything it owes.
Does it bring in spare cash?
24 of 25 · Good
After paying for buildings and equipment, $26 of every $100 in sales was left as spare cash.

Who owns it

2 of 23 own it · 1 sold some
bought lately
owns it
doesn’t own it
Didn’t report owning it: Whale Rock, Appaloosa, Melqart, Coatue, D1 Capital, Light Street, Lone Pine, Third Point, TCI, Pershing Square, Duquesne, Himalaya Capital, Greenlight, Giverny Capital, Akre
Their letters don’t mention it: Arquitos, Laughing Water, Alluvial, Bireme, Kingdom Capital, Saga Partners
From each fund’s latest 13F report (Jun 30, 2026). Funds that don’t file one: from their own letters.

The numbers

From Philip Morris’ yearly reports. Tap a year to see its figures.

Sales and profit

Sales grew from $28.7 billion in 2020 to $40.6 billion in 2025, and it made a profit every year.
2025
Sales
$40.6 billion
Profit
$11.3 billion

Spare cash each year

It had cash to spare every year, ending with $10.7 billion to spare in 2025.
2025
Spare cash
$10.7 billion
Spare cash is the cash its business brought in, minus what it spent on buildings and equipment.

What it owns and what it owes

At the end of 2025 it owed $77.2 billion, more than everything it owned ($69.2 billion).

Key facts

From its yearly report for 2025.
Sales
$40.6 billion
Profit
$11.3 billion
Spare cash
$10.7 billion
Cash in the bank
$4.87 billion
Everything it owes
$77.2 billion
Year ends
December
Money shown in
U.S. dollars
Figures from Philip Morris’ yearly reports to the SEC (EDGAR), collected Oct 12, 2026.
Not investment advice. Holdings come from public SEC reports and the funds’ own letters, and can be up to 4½ months old. How this works