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Pretax income is the income that a company earns before paying income taxes. Philip Morris International's pretax income for the
three
months ended in Jun. 2026 was CHF3,431 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was CHF12,019 Mil.
Philip Morris International's pretax margin was 38.35%.
During the past 13 years, Philip Morris International's highest Pretax Margin was 38.95%. The lowest was 29.71%. And the median was 36.33%.
During the past 13 years, Philip Morris International's highest Pretax Margin was 38.95%. The lowest was 29.71%. And the median was 36.33%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Philip Morris International Pre-Tax Income Related Terms
Philip Morris International Pre-Tax Income Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:PMI vs MO, TPB, UVV: Pre-Tax Income Comparison
For the Tobacco subindustry, Philip Morris International's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Philip Morris International Pre-Tax Income vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Philip Morris International's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF12,019 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Philip Morris International (XSWX:PMI) has a Pre-Tax Income of CHF12,019 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Philip Morris International and its competitors.
Is Philip Morris International's Pre-Tax Income too high?
Philip Morris International's current Pre-Tax Income is CHF12,019 Mil. Overall, Philip Morris International has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's Pre-Tax Income compare to MO and TPB?
Philip Morris International's Pre-Tax Income of CHF12,019 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Tobacco Products company?
A good Pre-Tax Income depends on the Tobacco Products industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Philip Morris International and its competitors. Philip Morris International's current Pre-Tax Income is CHF12,019 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris International stock overvalued right now?
Based on GuruFocus' analysis, Philip Morris International (XSWX:PMI) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF128.47, compared to a current price of CHF155.00 — trading 20.7% above its estimated fair value. The current Pre-Tax Income is CHF12,019 Mil. Philip Morris International's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Philip Morris International (XSWX:PMI), the current Pre-Tax Income is CHF12,019 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Philip Morris International (XSWX:PMI) Overvalued in 2026?
Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued.
The current stock price of CHF155.00 is trading 20.7% above its estimated GF Value™ of CHF128.47.
GuruFocus considers Philip Morris International to be Modestly Overvalued.
Key valuation signals for XSWX:PMI:
Pre-Tax Income: CHF12,019 Mil
GF Value™: CHF128.47 vs. price of CHF155.00 (20.7% above fair value)
No single metric tells the full story. See the XSWX:PMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets. It also owns the Veev brand in vapes.
87GF Score
Get the complete analysis for XSWX:PMI
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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