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

STZ has the lower trailing P/E: PM trades at 27.37 and STZ at 10.84. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, PM or STZ?

Over the past five years, PM grew revenue faster — PM at a 7.19% CAGR versus STZ at 0.86%.

Does PM or STZ pay a bigger dividend?

PM yields 3.08% and STZ yields 3.35% based on trailing dividends and the latest price.

Is PM or STZ more profitable?

PM runs the higher net margin — PM at 25.56% versus STZ at 20.14%.

How have PM and STZ total returns compared?

Over the past 10 years, PM delivered 12.40% and STZ delivered -1.19% annualized total return. Past performance doesn't predict future results.

Philip Morris International Inc. (PM) vs Constellation Brands, Inc. (STZ)

A side-by-side comparison of Philip Morris International Inc. and Constellation Brands, 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.

Philip Morris International Inc.

$296.88B

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

STZ

Constellation Brands, Inc.

$19.41B

$113.63Consumer DefensiveDelayed quote: Sep 25, 2026, 4:00 PM EDT

Total return — PM vs STZ

growth of $100 · dividends reinvested · last 10y

PM +218.6% (+12.3%/yr)STZ -13.7% (-1.5%/yr)PM compounded faster over this window

PM STZ

PM vs STZ: by the numbers

•PM is the larger company ($296.88B vs $19.41B market cap).
•STZ trades at the lower trailing earnings multiple (10.84 vs 27.37 P/E), one valuation lens rather than an overall verdict.
•PM converts more revenue to profit (25.56% vs 20.14% net margin).
•PM grew revenue faster over the past five years (7.19% vs 0.86% CAGR).
•STZ pays the higher dividend yield (3.35% vs 3.08%).

Metrics side by side

Valuation

Metric	PM	STZ
P/E ratio	27.37	10.84
Forward P/E	22.75	9.63
P/S ratio	6.98	2.14
P/B ratio	N/A	2.35
EV / EBITDA	18.78	8.99
FCF yield	4.29%	9.45%

Profitability

Metric	PM	STZ
Gross margin	67.51%	52.62%
Operating margin	37.75%	32.14%
Net margin	25.56%	20.14%
ROE	N/A	22.10%
ROIC	26.30%	10.85%

Dividends

Metric	PM	STZ
Dividend yield	3.08%	3.35%
Payout ratio	84.48%	39.12%

Growth (annualized)

Metric	PM	STZ
Revenue CAGR (5Y)	7.19%	0.86%
EPS CAGR (5Y)	7.10%	-1.59%
FCF CAGR (5Y)	4.43%	-1.73%
Total return CAGR (5Y)	18.46%	-8.87%

Frequently asked

Which has the lower trailing P/E, PM or STZ?: STZ has the lower trailing P/E: PM trades at 27.37 and STZ at 10.84. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PM or STZ?: Over the past five years, PM grew revenue faster — PM at a 7.19% CAGR versus STZ at 0.86%.
Does PM or STZ pay a bigger dividend?: PM yields 3.08% and STZ yields 3.35% based on trailing dividends and the latest price.
Is PM or STZ more profitable?: PM runs the higher net margin — PM at 25.56% versus STZ at 20.14%.
How have PM and STZ total returns compared?: Over the past 10 years, PM delivered 12.40% and STZ delivered -1.19% annualized total return. Past performance doesn't predict future results.

Go deeper

Full PM analysis Full STZ analysis Interactive comparison tool

Dig into the metrics

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

Philip Morris International & Constellation Brands appear in these rankings

Highest Dividend Yield Stocks Highest ROIC Stocks Highest Operating Margin Stocks Highest FCF Yield 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.