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).

Compare

Total return — PM vs WMT

growth of $100 · last 18y
PM +266.0%WMT +596.5%WMT compounded faster
200400600800Start $100201120142017202020232026$366$697
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 4

It 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

MetricPMWMT
P/E ratio25.4240.59
Forward P/E19.8135.25
P/S ratio6.811.28
P/B ratio9.81
PEG ratio0.363.29
EV / EBITDA19.0122.05
FCF yield3.78%1.36%

Profitability

MetricPMWMT
Gross margin67.30%24.98%
Operating margin36.83%4.16%
Net margin26.74%3.18%
ROE-113.55%24.44%
ROIC25.56%11.87%

Dividends

MetricPMWMT
Dividend yield3.25%0.86%
Payout ratio80.88%36.13%

Growth (annualized)

MetricPMWMT
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.

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.