Philip Morris International Inc

PM: XNYS (USA)

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Philip Morris Earnings: Raising Fair Value Estimate Amid Robust Growth, but Shares Fairly Valued

Kristoffer Inton

Jul 22, 2026

Philip Morris reported 7.6% organic revenue growth in the second quarter and 13.6% adjusted EPS growth excluding currency impacts. International smoke-free grew 11.8% organically, and international combustibles grew 6.4%. The US declined 0.9%, better than the first quarter's 32% fall.

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Philip Morris International Inc

Philip Morris Earnings: Raising Fair Value Estimate Amid Robust Growth, but Shares Fairly Valued

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