Philip Morris International Inc. (PM) vs Walmart Inc. (WMT)
PM leads on 12 of 16 compared metrics.
A side-by-side comparison of Philip Morris International Inc. and Walmart 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
WMT
Walmart Inc.
$115.69Consumer Defensive
Total return — PM vs WMT
growth of $100 · last 18yPM +266.0%WMT +596.5%WMT compounded faster
PM WMT
PM vs WMT: by the numbers
- •WMT is the larger company ($920.67B vs $281.74B market cap).
- •PM trades at the lower earnings multiple (25.42 vs 40.59 P/E).
- •PM converts more revenue to profit (26.74% vs 3.18% net margin).
- •PM grew revenue faster over the past five years (7.34% vs 5.20% CAGR).
- •PM pays the higher dividend yield (3.25% vs 0.86%).
Which is better, PM or WMT?
Metric tally: PM 12 · WMT 4It depends on what you're optimizing for:
ValuePM(lower P/E)
GrowthPM(faster 5Y revenue CAGR)
IncomePM(higher dividend yield)
QualityPM(higher ROIC)
Metrics side by side
Valuation
| Metric | PM | WMT |
|---|---|---|
| P/E ratio | 25.42● | 40.59 |
| Forward P/E | 19.81● | 35.25 |
| P/S ratio | 6.81 | 1.28● |
| P/B ratio | — | 9.81 |
| PEG ratio | 0.36● | 3.29 |
| EV / EBITDA | 19.01● | 22.05 |
| FCF yield | 3.78%● | 1.36% |
Profitability
| Metric | PM | WMT |
|---|---|---|
| Gross margin | 67.30%● | 24.98% |
| Operating margin | 36.83%● | 4.16% |
| Net margin | 26.74%● | 3.18% |
| ROE | -113.55% | 24.44%● |
| ROIC | 25.56%● | 11.87% |
Dividends
| Metric | PM | WMT |
|---|---|---|
| Dividend yield | 3.25%● | 0.86% |
| Payout ratio | 80.88% | 36.13% |
Growth (annualized)
| Metric | PM | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 7.34%● | 5.20% |
| EPS CAGR (5Y) | 7.10% | 10.95%● |
| FCF CAGR (5Y) | 4.58%● | -9.94% |
| Total return CAGR (5Y) | 17.89% | 21.69%● |
Frequently asked
- Which is better, PM or WMT?
- It depends on your goal. value: PM (lower P/E); growth: PM (faster 5Y revenue CAGR); income: PM (higher dividend yield); quality: PM (higher ROIC). Across all compared metrics, PM leads 12 to 4.
- Is PM or WMT cheaper?
- On trailing earnings, PM is cheaper: PM trades at a 25.42 P/E and WMT at 40.59.
- Which has grown faster, PM or WMT?
- Over the past five years, PM grew revenue faster — PM at a 7.34% CAGR versus WMT at 5.20%.
- Does PM or WMT pay a bigger dividend?
- PM yields 3.25% and WMT yields 0.86% based on trailing dividends and the latest price.
- Is PM or WMT more profitable?
- PM runs the higher net margin — PM at 26.74% versus WMT at 3.18%.
- Which has been the better investment, PM or WMT?
- Over the past 10-year, WMT delivered the higher annualized total return — PM at 11.61% versus WMT at 19.05%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Philip Morris International P/E ratioWalmart P/E ratioPhilip Morris International dividend yieldWalmart dividend yieldPhilip Morris International ROEWalmart ROEPhilip Morris International operating marginWalmart operating marginPhilip Morris International revenue growthWalmart revenue growthPhilip Morris International free cash flowWalmart free cash flow
Philip Morris International & Walmart appear in these rankings
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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.