Stamford Connecticut-based Philip Morris International Inc. (PM) is a leading global tobacco company, known for its iconic brand Marlboro. However, it aims to become a majority smoke-free company by 2030, investing over $12.5 billion in developing and commercializing alternatives products since 2008. With a market cap of $202.7 billion, Philip Morris has a presence in over 180 countries across the globe.
The tobacco giant has significantly outperformed the broader market over the past year. Philip Morris’ stock prices have surged 40.2% over the past 52-week period and 8.3% on a YTD basis, outpacing the S&P 500 Index’s ($SPX) 21.8% surge over the past year and 2.7% gains in 2025.
