Welcome to our dedicated page for Philip Morris news (Ticker: PM), a resource for investors and traders seeking the latest updates and insights on Philip Morris stock.
Philip Morris International Inc. reports developments across its cigarette business and expanding smoke-free portfolio, including IQOS heated tobacco products, ZYN nicotine pouches and e-vapor offerings. Company news commonly covers quarterly results, shipment and revenue trends, product authorizations, brand collaborations, and updates tied to adult-smoker alternatives.
Recurring announcements also address U.S. and international regulatory matters, including FDA modified-risk tobacco product authorizations for IQOS, as well as annual shareholder meetings, board elections, executive compensation votes, auditor ratification, shareholder proposals, and corporate responsibility initiatives.
Philip Morris International (NYSE:PM) announced on October 28, 2025 that its U.S. businesses (PMI U.S.) were certified as a Great Place to Work and recognized as a USA TODAY Top Workplace, including honors for Top Woman-Led Company and excellence in professional development, employee appreciation, and well-being.
The recognition is based on direct employee feedback and workplace evaluations and builds on other national honors, including being named one of America's Best Companies 2025 by Forbes and being highlighted by U.S. News & World Report for project management leadership tied to the 2025 Pulse of the Profession report. PMI U.S. employs more than 3,000 people in the U.S. and operates manufacturing sites in Owensboro, Kentucky, and Wilson, North Carolina.
Philip Morris International (NYSE: PM) reported 2025 Q3 results and raised its full-year adjusted diluted EPS guidance on October 21, 2025. Q3 reported diluted EPS was $2.23 (+13.2%) and adjusted diluted EPS was $2.24 (+17.3%; +13.1% ex-currency). The smoke-free business accounted for 41% of net revenues and >42% of gross profit, with smoke-free shipment volumes +16.6% and smoke-free net revenues +17.7% (13.9% organic). The company increased the quarterly dividend 8.9% to $1.47 per share and reiterated a 2025 adjusted diluted EPS full-year outlook in the mid-$7s range, with no share repurchases planned for 2025.
The company announced a segment realignment to three reportable segments effective January 1, 2026, to reflect scale of the smoke-free business.
Philip Morris International (NYSE: PM) will host a live audio webcast on October 21, 2025 at 9:00 a.m. ET to discuss its 2025 third-quarter and first nine-months results, which will be issued at approximately 7:00 a.m. ET the same day. The webcast, hosted by CFO Emmanuel Babeau, will be listen-only and include a Q&A with the investment community; a recording, slides and script will be available for one year.
Business highlights: as of June 30, 2025 PMI's smoke-free products were sold in 97 markets and estimated to be used by over 41 million legal-age consumers; smoke-free products accounted for 41% of first-half 2025 net revenues. PMI reports it has invested over $14 billion since 2008 in smoke-free product development. The company notes FDA authorizations for versions of IQOS and certain nicotine pouches and snus.
Philip Morris International (NYSE: PM) urged the FDA advisory committee on October 7, 2025 to recommend continued marketing of IQOS as a modified risk tobacco product (MRTP). The FDA previously found evidence supporting the reduced-exposure claim for IQOS. PMI submitted renewal requests covering two device versions and three HEETS variants and highlighted global usage figures: ~34 million legal-age IQOS consumers as of June 30, 2025 and 41 million smoke-free product users globally. PMI stated its smoke-free business accounted for 41% of H1 2025 net revenues and noted ongoing FDA reviews for IQOS ILUMA (pending ~two years).
Philip Morris International (NYSE: PM) has announced a $37 million investment in its Wilson, North Carolina manufacturing facility. The expansion will add a production line for TEREA, the consumables for the IQOS ILUMA heated tobacco system, pending FDA authorization.
The Wilson facility, which currently employs over 80 full-time staff, produces HEETS for IQOS 3.0, the only FDA-authorized modified risk tobacco product with reduced exposure claims. This investment is part of PMI's broader U.S. manufacturing expansion, which includes a $232 million investment in Owensboro, Kentucky, and a $600 million facility in Aurora, Colorado, collectively creating nearly 1,000 direct jobs.
The expansion reinforces PMI's commitment to advancing a smoke-free future by providing better alternatives to approximately 30 million legal-age consumers who smoke cigarettes in the U.S.
Philip Morris International (NYSE: PM) released findings from a new international survey showing overwhelming public support for smoke-free alternatives to cigarettes. The survey revealed that 78% of respondents believe adult smokers should have access to better alternatives to smoking, while 74% agree that encouraging switches to these products could improve public health.
Key findings highlight that 76% of respondents are concerned about decisions being made based on ideology rather than science. Currently, over 190 million smokers in more than 20 countries lack legal access to smoke-free alternatives, despite cigarettes remaining widely available. The survey also found that 82% of legal-age smokers in countries with bans on smoke-free products would like the opportunity to purchase them legally.
Philip Morris International (NYSE: PM) has announced an 8.9% increase in its regular quarterly dividend to an annualized rate of $5.88 per share. The new quarterly dividend of $1.47 per share will be payable on October 20, 2025, to shareholders of record as of October 3, 2025.
PMI has maintained a consistent track record of dividend increases since its public listing in 2008, achieving a total increase of 219.6% with a compound annual growth rate of 7.1%. The company's smoke-free products are now available in 97 markets, reaching over 41 million consumers, and accounting for 41% of PMI's first-half 2025 total net revenues.
The company has invested over $14 billion in developing smoke-free products since 2008, with FDA authorizations for its IQOS devices, Swedish Match's General snus, and ZYN nicotine pouches.
Philip Morris International (NYSE: PM) has released its 2025 Sustainability Materiality Report, outlining its sustainability strategy through 2030 and beyond. The report, following double materiality principles, identifies six strategic priorities organized into a new Sustainability Framework focusing on both product and operational impacts.
The Framework addresses product impact through social consumer initiatives and environmental circularity, while operational impact covers workforce development, value chain ethics, climate action, and nature protection. PMI's smoke-free products are now available in 97 markets, used by 41 million consumers, and account for 41% of first-half 2025 total net revenues. The company has invested over $14 billion since 2008 in developing and commercializing smoke-free alternatives.
Philip Morris International (NYSE: PM) reaffirmed its 2025 full-year forecast during the Barclays Global Consumer Staples Conference. The company expects reported diluted EPS of $7.24 to $7.37 and adjusted diluted EPS of $7.43 to $7.56, representing growth of 13% to 15% (11.5% to 13.5% excluding currency).
PMI reported strong Q3-to-date performance, highlighting accelerated ZYN growth to 32% in the first 8 weeks of Q3, robust IQOS momentum, and better-than-expected combustible volume recovery in Turkey and Egypt. The company's smoke-free products are now available in 97 markets, used by over 41 million consumers, and accounted for 41% of first-half 2025 total net revenues.
Since 2008, PMI has invested over $14 billion in smoke-free product development, aiming to completely end cigarette sales and expand into wellness and healthcare areas.
Philip Morris International (NYSE: PM) announced it will host a fireside chat session at the 2025 Barclays Global Consumer Staples Conference. CEO Jacek Olczak will lead the session on September 2, 2025, at 11:15 a.m. ET, with a live webcast available at pmi.com/2025barclays.
The company provided key business updates, highlighting that its smoke-free products are now available in 97 markets with approximately 41 million users globally. The smoke-free segment contributed 41% of PMI's first-half 2025 total net revenues. Since 2008, PMI has invested over $14 billion in developing and commercializing smoke-free products, demonstrating its commitment to a smoke-free future.