Philip Morris International Inc. logo
PMPhilip Morris International Inc.

Is the current ratio high or low?

The current ratio of 0.98 is in line with its 5-year average of 0.91, around the middle of its 5-year range (0.72–1.18).

As of Sunday, June 28, 2026. 10.87% above its 12-month average of 0.88.

Quick Ratio|Debt to Equity|P/B Ratio|All Metrics
Current Ratio

PM Current Ratio

0.98

Reported quarterly current ratio; no daily interpolation.

-17.26% 5Y
PM Current Ratio

PM Average Current Ratio Chart

PM Current Ratio

PM Current vs Average Current Ratio Chart

PM Current Ratio Metrics

CURRENT RATIO

0.98

CURRENT RATIO AVG TTM

0.88

CURRENT RATIO AVG 3Y

0.88

CURRENT RATIO AVG 5Y

0.88

CURRENT RATIO AVG 10Y

1.01

CURRENT RATIO AVG 15Y

1.01

CURRENT RATIO AVG 20Y

1.05

CURRENT VS TTM AVG

+10.87%

CURRENT VS 3Y AVG

+11.36%

CURRENT VS 5Y AVG

+10.68%

CURRENT VS 10Y AVG

-3.61%

CURRENT VS 15Y AVG

-3.36%

CURRENT VS 20Y AVG

-6.95%

PM Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
Philip Morris International Inc. (PM)$281.74B0.980.880.880.88
The Procter & Gamble Company (PG)vs ›$346.84B0.700.710.680.71
The Coca-Cola Company (KO)vs ›$355.51B1.461.251.191.20
PepsiCo, Inc. (PEP)vs ›$193.27B0.850.830.830.85
Anheuser-Busch InBev SA/NV (BUD)vs ›$164.54B0.720.710.680.71
Costco Wholesale Corporation (COST)vs ›$422.43B1.031.001.021.02
Altria Group, Inc. (MO)vs ›$123.22B0.610.560.610.66
Monster Beverage Corporation (MNST)vs ›$94.26B3.703.514.154.27
Mondelez International, Inc. (MDLZ)vs ›$78.03B0.590.640.620.65
Colgate-Palmolive Company (CL)vs ›$73.67B1.000.961.081.07

Liquidity Analysis

Current Ratio

0.98

Quick Ratio

0.51

Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Current Ratio FAQ

What is the current ratio for Philip Morris International Inc. (PM)?
The current ratio for PM stock is 0.98.
Is Philip Morris International Inc.'s current ratio high or low?
The current ratio of 0.98 is in line with its 5-year average of 0.91, around the middle of its 5-year range (0.72–1.18).
What is the TTM average current ratio for Philip Morris International Inc. (PM)?
The TTM average current ratio for PM stock is 0.88.
What is the 3Y average current ratio for Philip Morris International Inc. (PM)?
The 3Y average current ratio for PM stock is 0.88.
What is the 5Y average current ratio for Philip Morris International Inc. (PM)?
The 5Y average current ratio for PM stock is 0.88.
What is the 10Y average current ratio for Philip Morris International Inc. (PM)?
The 10Y average current ratio for PM stock is 1.01.
What is the 15Y average current ratio for Philip Morris International Inc. (PM)?
The 15Y average current ratio for PM stock is 1.01.
What is the 20Y average current ratio for Philip Morris International Inc. (PM)?
The 20Y average current ratio for PM stock is 1.05.

PM Current Ratio History

DATECURRENT RATIO
2026-03-310.98
2025-12-310.96
2025-09-300.85
2025-06-300.83
2025-03-310.79
2024-12-310.88
2024-09-300.89
2024-06-300.94
2024-03-310.94
2023-12-310.75
2023-09-300.89
2023-06-300.85
2023-03-310.85
2022-12-310.72
2022-09-300.92
2022-06-300.89
2022-03-310.92
2021-12-310.92
2021-09-301.00
2021-06-301.18
2021-03-311.18
2020-12-311.10
2020-09-301.12
2020-06-301.13
2020-03-311.02
2019-12-311.09
2019-09-301.08
2019-06-300.95
2019-03-310.85
2018-12-311.13
2018-09-301.19
2018-06-301.15
2018-03-311.16
2017-12-311.35
2017-09-301.13
2017-06-301.07
2017-03-311.26
2016-12-311.07
2016-09-301.16
2016-06-301.27
2016-03-311.13
2015-12-311.03
2015-09-301.00
2015-06-300.90
2015-03-310.95
2014-12-311.02
2014-09-300.98
2014-06-301.08
2014-03-311.06
2013-12-310.99
2013-09-301.00
2013-06-301.14
2013-03-311.15
2012-12-310.97
2012-09-301.05
2012-06-300.92
2012-03-311.00
2011-12-311.00
2011-09-300.94
2011-06-300.97
2011-03-310.93
2010-12-311.07
2010-09-301.13
2010-06-301.29
2010-03-311.37
2009-12-311.31
2009-09-301.45
2009-06-301.52
2009-03-311.68
2008-12-311.47
2008-09-301.34
2008-06-301.38
2008-03-311.84
2007-12-311.76
2007-09-300.00
2007-06-300.00
2007-03-310.00
2006-12-311.71
2006-09-300.00
2006-06-300.00
2006-03-310.00
2001-09-304.76
2001-08-010.00

Related Metrics

Quick RatioDebt to EquityP/B RatioAll Metrics

About Philip Morris International Inc.

Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.

New York City, NY
83,100 employees
www.pmi.com
Consumer Defensive / Tobacco
Sector
Consumer Defensive
Industry
Tobacco
CEO
Jacek Olczak
View full financials