# PM · Philip Morris International Inc.

Snapshot 2026-10-26 · CIK 0001413329 · NYSE · Cigarettes

Price 199.47 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 310.91 B

Machine-readable: https://theclaudetrader.com/s/PM.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 40.4 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2013–2025 · price 2026-10-23 · verification {'verified': 14, 'mismatch': 0, 'unverified': 22, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 40.65 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 0.98  · threshold >= 2.0 · points 0.0/15
- 2b Long-term debt vs working capital: None LTD / WC · threshold <= 1.0 · points 0.0/15
- 3 Positive earnings each of 10 years: 10 of 10  · threshold 10 of 10 · points 15.0/15
- 4 Dividends every year for 20 years: 18 of 20  · threshold 20 of 20 · points 13.5/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: 4.55 -> 5.60 (+23%)  · threshold >= +33% · points 6.9/10
- 6 P/E on 3-year average EPS: 35.6  · threshold <= 15 · points 0.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: None  · threshold <= 1.5 or <= 22.5 · points 0.0/10

Inputs:
  - Price (close, per traded unit): 199.47 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 40648000000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - current_assets: 26006000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - current_liabilities: 26542000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - lt_debt: 42366000000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - equity: -8583000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - Net income FY2016: 6967000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332919000007/ · unverified
  - Net income FY2017: 6035000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332920000007/ · unverified
  - Net income FY2018: 7911000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332921000007/ · unverified
  - Net income FY2019: 7185000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332922000011/ · unverified
  - Net income FY2020: 8056000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332923000025/ · unverified
  - Net income FY2021: 9109000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/ · unverified
  - Net income FY2022: 9048000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/ · unverified
  - Net income FY2023: 7813000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Net income FY2024: 7057000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Net income FY2025: 11348000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Dividend years (Yahoo): [2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/PM/history?filter=div · verified (partly: XBRL covers 13 of 20 years)
  - Dividends per share FY2013 (XBRL): 3.58 · 2013-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332916000076/ · verified
  - Dividends per share FY2014 (XBRL): 3.88 · 2014-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332917000014/ · verified
  - Dividends per share FY2015 (XBRL): 4.04 · 2015-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332918000007/ · verified
  - Dividends per share FY2016 (XBRL): 4.12 · 2016-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332919000007/ · verified
  - Dividends per share FY2017 (XBRL): 4.22 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332920000007/ · verified
  - Dividends per share FY2018 (XBRL): 4.49 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332921000007/ · verified
  - Dividends per share FY2019 (XBRL): 4.62 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332922000011/ · verified
  - Dividends per share FY2020 (XBRL): 4.74 · 2020-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332923000025/ · verified
  - Dividends per share FY2021 (XBRL): 4.9 · 2021-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/ · verified
  - Dividends per share FY2022 (XBRL): 5.04 · 2022-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/ · verified
  - Dividends per share FY2023 (XBRL): 5.14 · 2023-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · verified
  - Dividends per share FY2024 (XBRL): 5.3 · 2024-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · verified
  - Dividends per share FY2025 (XBRL): 5.64 · 2025-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · verified
  - EPS diluted FY2014: 4.76 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000141332917000014/ · unverified
  - EPS diluted FY2015: 4.42 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000141332918000007/ · unverified
  - EPS diluted FY2016: 4.48 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000141332919000007/ · unverified
  - EPS diluted FY2023: 5.02 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - EPS diluted FY2024: 4.52 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - EPS diluted FY2025: 7.26 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - equity: -8583000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified

### Magic Formula: — (insufficient data (no fresh property, plant and equipment (PropertyPlantAndEquipmentNet) reported)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula

### Momentum: 76.2 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 24.2 % · threshold  · points 35.9/50
-  6 month return: 19.9 % · threshold  · points 15.6/20
-  Price / 52-week high: 0.97  · threshold  · points 14.6/15
-  Volatility penalty (60d annualised): 23.6 % · threshold  · points 10.1/15

Inputs:
  - Adjusted close series (14 months): 199.47 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold  · points -0.0/0

### Buffett Quality: 47.7 (partial: 1) · complete: False · missing tests: 1 · current inputs as of 2026-06-30 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 32, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 0 years with positive equity  · threshold >= 15% · points None/25
- 2 Profitable every year: 10 of 10  · threshold all years · points 15.0/15
- 3 Net income growth, 3-yr average now vs start of window: +3.3% a year  · threshold >= +10% · points 3.3/10
- 4 Borrowings / 3-yr average earnings (years to repay): 5.6 years · threshold <= 4 · points 8.9/15
- 5 Operating margin, 5-yr average: 36.9%  · threshold >= 20% · points 10.0/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.13  · threshold >= 1.0 · points 10.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 3.1%  · threshold >= 7% · points 0.5/15

Inputs:
  - Price (close, per traded unit): 199.47 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2016: 6967000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332919000007/ · unverified
  - Net income FY2017: 6035000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332920000007/ · unverified
  - Net income FY2018: 7911000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332921000007/ · unverified
  - Net income FY2019: 7185000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332922000011/ · unverified
  - Net income FY2020: 8056000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332923000025/ · unverified
  - Net income FY2021: 9109000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/ · unverified
  - Net income FY2022: 9048000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/ · unverified
  - Net income FY2023: 7813000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Net income FY2024: 7057000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Net income FY2025: 11348000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - debt_incl_current: 45772000000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - debt_short: 3341000000.0 · 2026-06-30 · SEC XBRL ShortTermBorrowings · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - Operating income FY2021: 12975000000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/ · unverified
  - Revenue FY2021: 31405000000.0 · 2021-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/ · unverified
  - Operating income FY2022: 12246000000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/ · unverified
  - Revenue FY2022: 31762000000.0 · 2022-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/ · unverified
  - Operating income FY2023: 11556000000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Revenue FY2023: 35174000000.0 · 2023-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Operating income FY2024: 13402000000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Revenue FY2024: 37878000000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Operating income FY2025: 14892000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Revenue FY2025: 40648000000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Operating cash flow FY2021: 11967000000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/ · unverified
  - Capital expenditure FY2021: 748000000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/ · unverified
  - Operating cash flow FY2022: 10803000000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/ · unverified
  - Capital expenditure FY2022: 1077000000.0 · 2022-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/ · unverified
  - Operating cash flow FY2023: 9204000000.0 · 2023-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Capital expenditure FY2023: 1321000000.0 · 2023-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Operating cash flow FY2024: 12217000000.0 · 2024-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Capital expenditure FY2024: 1444000000.0 · 2024-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Operating cash flow FY2025: 12233000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Capital expenditure FY2025: 1569000000.0 · 2025-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Shares outstanding: 1558655629.0 · 2026-10-16 · SEC cover page 10-Q 0001628280-26-066976 (1,558,655,629 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1413329/000162828026066976/pm-20260930.htm · https://www.sec.gov/Archives/edgar/data/1413329/000162828026066976/R1.htm

### Lynch GARP: 29.3 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 3, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): 3.89  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: +7.1% a year  · threshold 12% to 35% a year · points 11.8/20
- 3 P/E on latest annual EPS: 27.5  · threshold <= 25 · points 8.3/10
- 4 Borrowings / equity: None  · threshold <= 0.5 · points 0.0/15
- 5 Years of the last 5 in which EPS rose: 2 of 5  · threshold 5 of 5 · points 6.0/15
- 6 Net cash (cash minus borrowings) / market cap: -13.9%  · threshold >= +10% · points 3.2/10

Inputs:
  - Price (close, per traded unit): 199.47 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 7.26 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - EPS diluted FY2020: 5.16 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000141332923000025/ · unverified
  - cash: 5999000000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified

### Graham Enterprising: 35.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 9, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 0.98  · threshold >= 1.5 · points 0.0/15
- 2 Borrowings vs working capital: None  · threshold <= 1.1x · points 0.0/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: 5.16 -> 7.26  · threshold higher · points 10.0/10
- 6 Price / book value per share: None  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 199.47 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 26006000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - current_liabilities: 26542000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - Net income FY2021: 9109000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/ · unverified
  - Net income FY2022: 9048000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/ · unverified
  - Net income FY2023: 7813000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Net income FY2024: 7057000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Net income FY2025: 11348000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/PM/history?filter=div
  - EPS diluted FY2025: 7.26 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - EPS diluted FY2020: 5.16 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1413329/000141332923000025/ · unverified

### Piotroski F-Score: 88.9 (ok) · complete: True · missing tests: none · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 27, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 16.4%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 12,233M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 11.4% -> 16.4%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 12,233M vs 11,348M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 68.2% -> 65.2%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 6 Current ratio improved: 0.88 -> 0.96  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 7 No new shares issued (share count did not rise): 1,557M -> 1,559M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 35.4% -> 36.6%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.61 -> 0.59  · threshold pass = 1 · points 0.0/11.11111111111111

Inputs:
  - net_income 2025-12-31: 11348000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - total_assets 2025-12-31: 69185000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - cfo 2025-12-31: 12233000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - net_income 2025-12-31: 11348000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - net_income 2024-12-31: 7057000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - total_assets 2025-12-31: 69185000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - total_assets 2024-12-31: 61784000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - cfo 2025-12-31: 12233000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - net_income 2025-12-31: 11348000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - lt_debt 2025-12-31: 45134000000.0 · 2025-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - lt_debt 2024-12-31: 42166000000.0 · 2024-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - total_assets 2025-12-31: 69185000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - total_assets 2024-12-31: 61784000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - current_assets 2025-12-31: 24363000000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - current_assets 2024-12-31: 20170000000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - current_liabilities 2025-12-31: 25427000000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - current_liabilities 2024-12-31: 22915000000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - shares_out 2026-10-16: 1558655629.0 · 2026-10-16 · SEC cover page 10-Q 0001628280-26-066976 (1,558,655,629 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1413329/000162828026066976/pm-20260930.htm · https://www.sec.gov/Archives/edgar/data/1413329/000162828026066976/R1.htm · unverified
  - shares_out 2025-10-17: 1556638749.0 · 2025-10-17 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1413329/000162828025046179/ · unverified
  - operating_income 2025-12-31: 14892000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - operating_income 2024-12-31: 13402000000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - revenue 2025-12-31: 40648000000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - revenue 2024-12-31: 37878000000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - revenue 2025-12-31: 40648000000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - revenue 2024-12-31: 37878000000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified
  - total_assets 2025-12-31: 69185000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1413329/000162828026049493/ · unverified
  - total_assets 2024-12-31: 61784000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 199.47 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 1,558,655,629 underlying shares, period 2026-10-16, SEC cover page 10-Q 0001628280-26-066976 (1,558,655,629 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1413329/000162828026066976/pm-20260930.htm, accession 0001628280-26-066976 · https://www.sec.gov/Archives/edgar/data/1413329/000162828026066976/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 310,905,038,317 USD; 199.47 (price 2026-10-23) / 1 x 1,558,655,629 (shares at 2026-10-16) = 310,905,038,317

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 80029000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332916000076/
- FY2014 (ended 2014-12-31): 80106000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332917000014/
- FY2015 (ended 2015-12-31): 73908000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332918000007/
- FY2016 (ended 2016-12-31): 26685000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332919000007/
- FY2017 (ended 2017-12-31): 28748000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332920000007/
- FY2018 (ended 2018-12-31): 29625000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332921000007/
- FY2019 (ended 2019-12-31): 29805000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332922000011/
- FY2020 (ended 2020-12-31): 28694000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332923000025/
- FY2021 (ended 2021-12-31): 31405000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/
- FY2022 (ended 2022-12-31): 31762000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/
- FY2023 (ended 2023-12-31): 35174000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/
- FY2024 (ended 2024-12-31): 37878000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/
- FY2025 (ended 2025-12-31): 40648000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 8576000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332916000076/
- FY2014 (ended 2014-12-31): 7493000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332917000014/
- FY2015 (ended 2015-12-31): 6873000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332918000007/
- FY2016 (ended 2016-12-31): 6967000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332919000007/
- FY2017 (ended 2017-12-31): 6035000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332920000007/
- FY2018 (ended 2018-12-31): 7911000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332921000007/
- FY2019 (ended 2019-12-31): 7185000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332922000011/
- FY2020 (ended 2020-12-31): 8056000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332923000025/
- FY2021 (ended 2021-12-31): 9109000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332924000013/
- FY2022 (ended 2022-12-31): 9048000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000141332925000013/
- FY2023 (ended 2023-12-31): 7813000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/
- FY2024 (ended 2024-12-31): 7057000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/
- FY2025 (ended 2025-12-31): 11348000000.0 · https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): 5.26 [filed 5.26, split factor 1.0]
- FY2014 (ended 2014-12-31): 4.76 [filed 4.76, split factor 1.0]
- FY2015 (ended 2015-12-31): 4.42 [filed 4.42, split factor 1.0]
- FY2016 (ended 2016-12-31): 4.48 [filed 4.48, split factor 1.0]
- FY2017 (ended 2017-12-31): 3.88 [filed 3.88, split factor 1.0]
- FY2018 (ended 2018-12-31): 5.08 [filed 5.08, split factor 1.0]
- FY2019 (ended 2019-12-31): 4.61 [filed 4.61, split factor 1.0]
- FY2020 (ended 2020-12-31): 5.16 [filed 5.16, split factor 1.0]
- FY2021 (ended 2021-12-31): 5.83 [filed 5.83, split factor 1.0]
- FY2022 (ended 2022-12-31): 5.81 [filed 5.81, split factor 1.0]
- FY2023 (ended 2023-12-31): 5.02 [filed 5.02, split factor 1.0]
- FY2024 (ended 2024-12-31): 4.52 [filed 4.52, split factor 1.0]
- FY2025 (ended 2025-12-31): 7.26 [filed 7.26, split factor 1.0]

## Dividend years (Yahoo history)

2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)


## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001413329
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001413329.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001413329&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001413329&type=8-K
- yahoo: https://finance.yahoo.com/quote/PM
- stooq: https://stooq.com/q/d/?s=pm.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=PM
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=PM
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/pm/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/PM
- openinsider (link only, nothing stored): http://openinsider.com/search?q=PM
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=PM+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/PM; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.