Philip Morris International Inc. (PM) vs Walmart Inc. (WMT)

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — PM vs WMT

growth of $100 · dividends reinvested · last 10y
PM +213.4% (+12.1%/yr)WMT +420.6% (+17.9%/yr)WMT compounded faster over this window
200400600Start $10020182020202220242026$313$521
PM WMT

PM vs WMT: by the numbers

  • •WMT is the larger company ($859.31B vs $296.88B market cap).
  • •PM trades at the lower trailing earnings multiple (27.37 vs 38.98 P/E), one valuation lens rather than an overall verdict.
  • •PM converts more revenue to profit (25.56% vs 3.00% net margin).
  • •PM grew revenue faster over the past five years (7.19% vs 5.38% CAGR).
  • •PM pays the higher dividend yield (3.08% vs 0.92%).

Metrics side by side

Valuation

MetricPMWMT
P/E ratio27.3738.98
Forward P/E22.7537.36
P/S ratio6.981.17
P/B ratioN/A8.75
EV / EBITDA18.7819.45
FCF yield4.29%1.57%

Profitability

MetricPMWMT
Gross margin67.51%25.23%
Operating margin37.75%4.39%
Net margin25.56%3.00%
ROEN/A22.47%
ROIC26.30%12.89%

Dividends

MetricPMWMT
Dividend yield3.08%0.92%
Payout ratio84.48%35.29%

Growth (annualized)

MetricPMWMT
Revenue CAGR (5Y)7.19%5.38%
EPS CAGR (5Y)7.10%10.95%
FCF CAGR (5Y)4.43%-5.40%
Total return CAGR (5Y)18.46%18.21%

Frequently asked

Which has the lower trailing P/E, PM or WMT?
PM has the lower trailing P/E: PM trades at 27.37 and WMT at 38.98. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PM or WMT?
Over the past five years, PM grew revenue faster — PM at a 7.19% CAGR versus WMT at 5.38%.
Does PM or WMT pay a bigger dividend?
PM yields 3.08% and WMT yields 0.92% based on trailing dividends and the latest price.
Is PM or WMT more profitable?
PM runs the higher net margin — PM at 25.56% versus WMT at 3.00%.
How have PM and WMT total returns compared?
Over the past 10 years, PM delivered 12.40% and WMT delivered 18.23% 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.