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 August 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnPM vs WMT

growth of $100 · dividends reinvested · last 10y
PM +207.5% (+11.9%/yr)WMT +441.6% (+18.4%/yr)WMT compounded faster over this window
200400600Start $10020182020202220242026$307$542
PM WMT

PM vs WMT: by the numbers

  • WMT is the larger company ($901.33B vs $290.24B market cap).
  • PM trades at the lower trailing earnings multiple (26.72 vs 39.74 P/E), one valuation lens rather than an overall verdict.
  • PM converts more revenue to profit (25.56% vs 3.13% net margin).
  • PM grew revenue faster over the past five years (7.19% vs 5.20% CAGR).
  • PM pays the higher dividend yield (3.16% vs 0.85%).

Metrics side by side

Valuation

MetricPMWMT
P/E ratio26.7239.74
Forward P/E22.2342.94
P/S ratio6.831.25
P/B ratioN/A9.60
EV / EBITDA18.4321.62
FCF yield4.38%1.39%

Profitability

MetricPMWMT
Gross margin67.51%24.98%
Operating margin37.75%4.16%
Net margin25.56%3.13%
ROE-113.55%24.10%
ROIC25.56%11.87%

Dividends

MetricPMWMT
Dividend yield3.16%0.85%
Payout ratio80.88%35.22%

Growth (annualized)

MetricPMWMT
Revenue CAGR (5Y)7.19%5.20%
EPS CAGR (5Y)7.10%10.95%
FCF CAGR (5Y)4.43%-9.94%
Total return CAGR (5Y)18.68%19.28%

Frequently asked

Which has the lower trailing P/E, PM or WMT?
PM has the lower trailing P/E: PM trades at 26.72 and WMT at 39.74. 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 5.20%.
Does PM or WMT pay a bigger dividend?
PM yields 3.16% and WMT yields 0.85% 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 3.13%.
How have PM and WMT total returns compared?
Over the past 10 years, PM delivered 11.92% and WMT delivered 18.43% 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 August 11, 2026.