Philip Morris International Inc. (PM) vs Constellation Brands, Inc. (STZ)
PM leads on 9 of 15 compared metrics, though STZ is the cheaper stock.
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 June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
PM
Philip Morris International Inc.
$180.77Consumer Defensive
STZ
Constellation Brands, Inc.
$146.30Consumer Defensive
Total return — PM vs STZ
growth of $100 · last 18yPM +266.0%STZ +715.0%STZ compounded faster
PM STZ
PM vs STZ: by the numbers
- •PM is the larger company ($281.74B vs $25.09B market cap).
- •STZ trades at the lower earnings multiple (15.26 vs 25.42 P/E).
- •PM converts more revenue to profit (26.74% vs 18.46% net margin).
- •PM grew revenue faster over the past five years (7.34% vs 1.19% CAGR).
- •PM pays the higher dividend yield (3.25% vs 2.82%).
Which is better, PM or STZ?
Metric tally: PM 9 · STZ 6It depends on what you're optimizing for:
ValueSTZ(lower P/E)
GrowthPM(faster 5Y revenue CAGR)
IncomePM(higher dividend yield)
QualityPM(higher ROIC)
Metrics side by side
Valuation
| Metric | PM | STZ |
|---|---|---|
| P/E ratio | 25.42 | 15.26● |
| Forward P/E | 19.81 | 11.78● |
| P/S ratio | 6.81 | 2.78● |
| P/B ratio | — | 3.14 |
| PEG ratio | 0.36 | — |
| EV / EBITDA | 19.01 | 11.12● |
| FCF yield | 3.78% | 7.06%● |
Profitability
| Metric | PM | STZ |
|---|---|---|
| Gross margin | 67.30%● | 51.67% |
| Operating margin | 36.83%● | 31.33% |
| Net margin | 26.74%● | 18.46% |
| ROE | -113.55% | 20.87%● |
| ROIC | 25.56%● | 10.48% |
Dividends
| Metric | PM | STZ |
|---|---|---|
| Dividend yield | 3.25%● | 2.82% |
| Payout ratio | 80.88% | 42.83% |
Growth (annualized)
| Metric | PM | STZ |
|---|---|---|
| Revenue CAGR (5Y) | 7.34%● | 1.19% |
| EPS CAGR (5Y) | 7.10%● | -1.59% |
| FCF CAGR (5Y) | 4.58%● | -1.57% |
| Total return CAGR (5Y) | 17.89%● | -6.89% |
Frequently asked
- Which is better, PM or STZ?
- It depends on your goal. value: STZ (lower P/E); growth: PM (faster 5Y revenue CAGR); income: PM (higher dividend yield); quality: PM (higher ROIC). Across all compared metrics, PM leads 9 to 6.
- Is PM or STZ cheaper?
- On trailing earnings, STZ is cheaper: PM trades at a 25.42 P/E and STZ at 15.26.
- Which has grown faster, PM or STZ?
- Over the past five years, PM grew revenue faster — PM at a 7.34% CAGR versus STZ at 1.19%.
- Does PM or STZ pay a bigger dividend?
- PM yields 3.25% and STZ yields 2.82% based on trailing dividends and the latest price.
- Is PM or STZ more profitable?
- PM runs the higher net margin — PM at 26.74% versus STZ at 18.46%.
- Which has been the better investment, PM or STZ?
- Over the past 10-year, PM delivered the higher annualized total return — PM at 11.61% versus STZ at 1.15%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Philip Morris International P/E ratioConstellation Brands P/E ratioPhilip Morris International dividend yieldConstellation Brands dividend yieldPhilip Morris International ROEConstellation Brands ROEPhilip Morris International operating marginConstellation Brands operating marginPhilip Morris International revenue growthConstellation Brands revenue growthPhilip Morris International free cash flowConstellation Brands free cash flow
Philip Morris International & Constellation Brands appear in these rankings
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 June 28, 2026.