Philip Morris International Inc. logo
PMPhilip Morris International Inc.

EV/EBITDA Ratio: 19.01x

Is the EV/EBITDA ratio high or low?

The EV/EBITDA ratio of 19.01x is 23% above its 5-year average of 15.43x, near the high end of its 5-year range (10.99x–21.07x).

As of Sunday, June 28, 2026. 3.12% above its 12-month average of 18.44x.

PM EV/EBITDA Ratio

PM EV/EBITDA Ratio Chart

19.01x
-7.94% 1Y
PM EV/EBITDA Ratio

PM Average EV/EBITDA Ratio Chart

PM EV/EBITDA Ratio

PM Current vs Average EV/EBITDA Ratio Chart

PM EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

19.01x

EV/EBITDA RATIO AVG TTM

18.44x

EV/EBITDA RATIO AVG 3Y

16.91x

EV/EBITDA RATIO AVG 5Y

15.43x

EV/EBITDA RATIO AVG 10Y

14.69x

EV/EBITDA RATIO AVG 15Y

14.00x

EV/EBITDA RATIO AVG 20Y

13.24x

CURRENT VS TTM AVG

+3.12%

CURRENT VS 3Y AVG

+12.40%

CURRENT VS 5Y AVG

+23.19%

CURRENT VS 10Y AVG

+29.45%

CURRENT VS 15Y AVG

+35.78%

CURRENT VS 20Y AVG

+43.63%

PM Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Philip Morris International Inc. (PM)$281.74B19.01x18.44x16.91x15.43x
The Procter & Gamble Company (PG)vs ›$346.84B16.57x16.87x18.66x18.92x
The Coca-Cola Company (KO)vs ›$355.51B25.13x23.66x25.54x25.10x
PepsiCo, Inc. (PEP)vs ›$193.27B12.85x14.53x16.30x16.98x
Anheuser-Busch InBev SA/NV (BUD)vs ›$164.54B4.72x4.19x4.56x5.10x
Costco Wholesale Corporation (COST)vs ›$422.43B29.92x32.26x31.83x28.68x
Altria Group, Inc. (MO)vs ›$123.22B12.81x11.78x10.11x9.76x
Monster Beverage Corporation (MNST)vs ›$94.26B34.55x29.96x28.22x28.16x
Mondelez International, Inc. (MDLZ)vs ›$78.03B19.22x18.11x17.25x18.42x
Colgate-Palmolive Company (CL)vs ›$73.67B16.00x15.22x16.08x16.17x

EV/EBITDA vs. its own history

At 19.0, EV/EBITDA is richer than usual, sitting higher than 96% of its 18-year history.

18-year low

6.9

median

12.7

18-year high

151.8

cheaperricher

EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Philip Morris International Inc. (PM)?
The EV/EBITDA ratio for PM stock is 19.01x.
Is Philip Morris International Inc.'s EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 19.01x is 23% above its 5-year average of 15.43x, near the high end of its 5-year range (10.99x–21.07x).
What is the TTM average EV/EBITDA ratio for Philip Morris International Inc. (PM)?
The TTM average EV/EBITDA ratio for PM stock is 18.44x.
What is the 3Y average EV/EBITDA ratio for Philip Morris International Inc. (PM)?
The 3Y average EV/EBITDA ratio for PM stock is 16.91x.
What is the 5Y average EV/EBITDA ratio for Philip Morris International Inc. (PM)?
The 5Y average EV/EBITDA ratio for PM stock is 15.43x.
What is the 10Y average EV/EBITDA ratio for Philip Morris International Inc. (PM)?
The 10Y average EV/EBITDA ratio for PM stock is 14.69x.
What is the 15Y average EV/EBITDA ratio for Philip Morris International Inc. (PM)?
The 15Y average EV/EBITDA ratio for PM stock is 14.00x.
What is the 20Y average EV/EBITDA ratio for Philip Morris International Inc. (PM)?
The 20Y average EV/EBITDA ratio for PM stock is 13.24x.

PM EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-2619.01x
2026-06-2518.84x
2026-06-2418.83x
2026-06-2318.82x
2026-06-2218.32x
2026-06-1818.80x
2026-06-1718.89x
2026-06-1619.31x
2026-06-1519.10x
2026-06-1219.33x
2026-06-1119.01x
2026-06-1019.21x
2026-06-0918.80x
2026-06-0818.58x
2026-06-0518.79x
2026-06-0418.49x
2026-06-0318.57x
2026-06-0218.37x
2026-06-0118.28x
2026-05-2918.70x
2026-05-2818.81x
2026-05-2719.12x
2026-05-2619.08x
2026-05-2219.75x
2026-05-2119.70x
2026-05-2019.72x
2026-05-1919.98x
2026-05-1819.98x
2026-05-1519.81x
2026-05-1420.01x
2026-05-1319.65x
2026-05-1219.57x
2026-05-1119.13x
2026-05-0818.13x
2026-05-0718.14x
2026-05-0618.08x
2026-05-0517.99x
2026-05-0417.96x
2026-05-0117.71x
2026-04-3017.59x
2026-04-2917.38x
2026-04-2817.67x
2026-04-2717.21x
2026-04-2417.51x
2026-04-2318.17x
2026-04-2217.69x
2026-04-2116.70x
2026-04-2017.10x
2026-04-1717.12x
2026-04-1616.98x
2026-04-1517.06x
2026-04-1417.27x
2026-04-1317.58x
2026-04-1017.36x
2026-04-0917.44x
2026-04-0817.41x
2026-04-0717.09x
2026-04-0617.35x
2026-04-0217.15x
2026-04-0117.08x
2026-03-3117.81x
2026-03-3017.77x
2026-03-2717.65x
2026-03-2617.55x
2026-03-2517.83x
2026-03-2417.68x
2026-03-2317.62x
2026-03-2017.61x
2026-03-1917.63x
2026-03-1817.89x
2026-03-1718.50x
2026-03-1618.68x
2026-03-1318.67x
2026-03-1218.43x
2026-03-1117.95x
2026-03-1018.51x
2026-03-0918.54x
2026-03-0618.24x
2026-03-0518.21x
2026-03-0419.07x
2026-03-0318.97x
2026-03-0219.51x
2026-02-2719.79x
2026-02-2619.85x
2026-02-2520.06x
2026-02-2419.81x
2026-02-2319.83x
2026-02-2019.48x
2026-02-1919.48x
2026-02-1819.41x
2026-02-1719.50x
2026-02-1319.85x
2026-02-1219.99x
2026-02-1119.74x
2026-02-1019.41x
2026-02-0919.33x
2026-02-0619.42x
2026-02-0519.65x
2026-02-0419.50x
2026-02-0319.19x
2026-02-0219.46x
2026-01-3019.42x
2026-01-2919.27x
2026-01-2819.34x
2026-01-2719.36x
2026-01-2619.07x
2026-01-2318.82x
2026-01-2218.54x
2026-01-2118.43x
2026-01-2018.28x
2026-01-1618.87x
2026-01-1518.78x
2026-01-1418.64x
2026-01-1318.15x
2026-01-1218.09x
2026-01-0917.85x
2026-01-0817.50x
2026-01-0717.16x
2026-01-0617.16x
2026-01-0517.60x
2026-01-0217.64x
2025-12-3117.65x
2025-12-3017.79x
2025-12-2917.79x
2025-12-2617.71x
2025-12-2417.85x
2025-12-2317.80x
2025-12-2217.58x
2025-12-1917.32x
2025-12-1817.36x
2025-12-1717.48x
2025-12-1617.42x
2025-12-1517.46x
2025-12-1217.02x
2025-12-1116.77x
2025-12-1016.66x
2025-12-0916.71x
2025-12-0816.52x
2025-12-0516.48x
2025-12-0416.55x
2025-12-0316.84x
2025-12-0217.11x
2025-12-0117.25x
2025-11-2817.38x
2025-11-2617.28x
2025-11-2517.37x
2025-11-2416.78x
2025-11-2117.17x
2025-11-2017.21x
2025-11-1917.20x
2025-11-1817.22x
2025-11-1716.94x
2025-11-1417.18x
2025-11-1317.16x
2025-11-1217.20x
2025-11-1117.31x
2025-11-1017.15x
2025-11-0717.00x
2025-11-0616.67x
2025-11-0516.53x
2025-11-0416.46x
2025-11-0316.18x
2025-10-3116.15x
2025-10-3016.29x
2025-10-2916.38x
2025-10-2816.66x
2025-10-2716.98x
2025-10-2417.39x
2025-10-2318.14x
2025-10-2218.06x
2025-10-2117.59x
2025-10-2018.17x
2025-10-1718.17x
2025-10-1617.97x
2025-10-1518.14x
2025-10-1418.27x
2025-10-1318.31x
2025-10-1018.41x
2025-10-0918.06x
2025-10-0817.90x
2025-10-0717.83x
2025-10-0617.74x
2025-10-0317.71x
2025-10-0218.16x
2025-10-0118.44x
2025-09-3018.57x
2025-09-2918.65x
2025-09-2618.83x
2025-09-2518.75x
2025-09-2418.65x
2025-09-2318.72x
2025-09-2218.55x
2025-09-1918.64x
2025-09-1818.53x
2025-09-1718.97x
2025-09-1618.65x
2025-09-1518.52x
2025-09-1218.95x
2025-09-1119.12x
2025-09-1018.87x
2025-09-0918.82x
2025-09-0818.62x
2025-09-0518.51x
2025-09-0418.47x
2025-09-0318.67x
2025-09-0219.07x
2025-08-2919.05x
2025-08-2818.92x
2025-08-2718.76x
2025-08-2619.00x
2025-08-2519.07x
2025-08-2219.49x
2025-08-2119.76x
2025-08-2019.60x
2025-08-1919.21x
2025-08-1819.00x
2025-08-1518.96x
2025-08-1418.87x
2025-08-1318.93x
2025-08-1219.19x
2025-08-1119.36x
2025-08-0819.34x
2025-08-0719.15x
2025-08-0619.03x
2025-08-0518.76x
2025-08-0418.65x
2025-08-0118.65x
2025-07-3118.75x
2025-07-3018.57x
2025-07-2918.63x
2025-07-2818.14x
2025-07-2518.45x
2025-07-2418.72x
2025-07-2319.07x
2025-07-2219.13x
2025-07-2120.63x
2025-07-1820.46x
2025-07-1720.50x
2025-07-1620.90x
2025-07-1520.67x
2025-07-1420.66x
2025-07-1120.57x
2025-07-1020.68x
2025-07-0920.38x
2025-07-0820.36x
2025-07-0720.70x
2025-07-0320.47x
2025-07-0220.18x
2025-07-0120.34x
2025-06-3020.79x
2025-06-2720.68x
2025-06-2620.65x
2025-06-2520.54x
2025-06-2421.02x
2025-06-2321.07x
2025-06-2020.91x
2025-06-1820.84x
2025-06-1720.92x
2025-06-1620.91x
2025-06-1321.01x

Showing the most recent 260 of 4,425 data points. The chart above shows the full history.

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
Consumer Defensive / Tobacco
Sector
Consumer Defensive
Industry
Tobacco
CEO
Jacek Olczak