Altria Group, Inc. (MO) vs Philip Morris International Inc. (PM)

A side-by-side comparison of Altria Group, Inc. 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.

Compare

Total return — MO vs PM

growth of $100 · dividends reinvested · last 10y
MO +103.5% (+7.4%/yr)PM +218.6% (+12.3%/yr)PM compounded faster over this window
100200300Start $10020182020202220242026$203$319
MO PM

MO vs PM: by the numbers

  • •PM is the larger company ($296.88B vs $114.89B market cap).
  • •MO trades at the lower trailing earnings multiple (14.52 vs 27.37 P/E), one valuation lens rather than an overall verdict.
  • •MO converts more revenue to profit (36.46% vs 25.56% net margin).
  • •PM grew revenue faster over the past five years (7.19% vs -0.68% CAGR).
  • •MO pays the higher dividend yield (6.15% vs 3.08%).

Metrics side by side

Valuation

MetricMOPM
P/E ratio14.5227.37
Forward P/E12.1222.75
P/S ratio5.256.98
EV / EBITDA11.0118.78
FCF yield7.23%4.29%

Profitability

MetricMOPM
Gross margin70.99%67.51%
Operating margin55.95%37.75%
Net margin36.46%25.56%
ROIC34.45%26.30%

Dividends

MetricMOPM
Dividend yield6.15%3.08%
Payout ratio89.45%84.48%

Growth (annualized)

MetricMOPM
Revenue CAGR (5Y)-0.68%7.19%
EPS CAGR (5Y)11.36%7.10%
FCF CAGR (5Y)6.93%4.43%
Total return CAGR (5Y)15.00%18.46%

Frequently asked

Which has the lower trailing P/E, MO or PM?
MO has the lower trailing P/E: MO trades at 14.52 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, MO or PM?
Over the past five years, PM grew revenue faster — MO at a -0.68% CAGR versus PM at 7.19%.
Does MO or PM pay a bigger dividend?
MO yields 6.15% and PM yields 3.08% based on trailing dividends and the latest price.
Is MO or PM more profitable?
MO runs the higher net margin — MO at 36.46% versus PM at 25.56%.
How have MO and PM total returns compared?
Over the past 10 years, MO delivered 7.96% and PM delivered 12.40% annualized total return. Past performance doesn't predict future results.

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.