Which has the lower trailing P/E, COST or PM?

PM has the lower trailing P/E: COST trades at 46.42 and PM at 27.37. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, COST or PM?

Over the past five years, COST grew revenue faster — COST at a 9.48% CAGR versus PM at 7.19%.

Does COST or PM pay a bigger dividend?

COST yields 0.61% and PM yields 3.08% based on trailing dividends and the latest price.

Is COST or PM more profitable?

PM runs the higher net margin — COST at 3.01% versus PM at 25.56%.

How have COST and PM total returns compared?

Over the past 10 years, COST delivered 20.59% and PM delivered 12.40% annualized total return. Past performance doesn't predict future results.

Costco Wholesale Corporation (COST) vs Philip Morris International Inc. (PM)

A side-by-side comparison of Costco Wholesale Corporation and Philip Morris International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

COST

Costco Wholesale Corporation

$409.23B

$922.77Consumer DefensiveDelayed quote: Sep 25, 2026, 4:00 PM EDT

Philip Morris International Inc.

$296.88B

$190.48Consumer DefensiveDelayed quote: Sep 25, 2026, 4:00 PM EDT

Total return — COST vs PM

growth of $100 · dividends reinvested · last 10y

COST +530.0% (+20.2%/yr)PM +218.6% (+12.3%/yr)COST compounded faster over this window

COST PM

COST vs PM: by the numbers

•COST is the larger company ($409.23B vs $296.88B market cap).
•PM trades at the lower trailing earnings multiple (27.37 vs 46.42 P/E), one valuation lens rather than an overall verdict.
•PM converts more revenue to profit (25.56% vs 3.01% net margin).
•COST grew revenue faster over the past five years (9.48% vs 7.19% CAGR).
•PM pays the higher dividend yield (3.08% vs 0.61%).

Metrics side by side

Valuation

Metric	COST	PM
P/E ratio	46.42	27.37
Forward P/E	40.71	22.75
P/S ratio	1.39	6.98
P/B ratio	12.21	N/A
EV / EBITDA	28.90	18.78
FCF yield	2.15%	4.29%

Profitability

Metric	COST	PM
Gross margin	12.88%	67.51%
Operating margin	3.82%	37.75%
Net margin	3.01%	25.56%
ROE	26.38%	N/A
ROIC	19.01%	26.30%

Dividends

Metric	COST	PM
Dividend yield	0.61%	3.08%
Payout ratio	27.87%	84.48%

Growth (annualized)

Metric	COST	PM
Revenue CAGR (5Y)	9.48%	7.19%
EPS CAGR (5Y)	15.04%	7.10%
FCF CAGR (5Y)	4.95%	4.43%
Total return CAGR (5Y)	14.94%	18.46%

Frequently asked

Which has the lower trailing P/E, COST or PM?: PM has the lower trailing P/E: COST trades at 46.42 and PM at 27.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, COST or PM?: Over the past five years, COST grew revenue faster — COST at a 9.48% CAGR versus PM at 7.19%.
Does COST or PM pay a bigger dividend?: COST yields 0.61% and PM yields 3.08% based on trailing dividends and the latest price.
Is COST or PM more profitable?: PM runs the higher net margin — COST at 3.01% versus PM at 25.56%.
How have COST and PM total returns compared?: Over the past 10 years, COST delivered 20.59% and PM delivered 12.40% annualized total return. Past performance doesn't predict future results.

Go deeper

Full COST analysis Full PM analysis Interactive comparison tool

Dig into the metrics

Costco Wholesale P/E ratio Philip Morris International P/E ratio Costco Wholesale dividend yield Philip Morris International dividend yield Costco Wholesale ROE Philip Morris International ROE Costco Wholesale operating margin Philip Morris International operating margin Costco Wholesale revenue growth Philip Morris International revenue growth Costco Wholesale free cash flow Philip Morris International free cash flow

Costco Wholesale & Philip Morris International appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.