Philip Morris (PM) reported $10.36 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 6.8%. EPS of $1.70 for the same period compares to $1.55 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $10.43 billion, representing a surprise of -0.63%. The company delivered an EPS surprise of +2.04%, with the consensus EPS estimate being $1.67.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Philip Morris performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Shipment Volume - Cigarettes and HTUs - Heated Tobacco Units: 38.4 billion compared to the 37.97 billion average estimate based on three analysts.
- Shipment Volume - Europe - Cigarettes: 36.89 billion versus 36.01 billion estimated by two analysts on average.
- Shipment Volume - Europe - Total: 53.18 billion versus the two-analyst average estimate of 51.98 billion.
- Shipment Volume - Americas - Total: 16.87 billion versus 16.47 billion estimated by two analysts on average.
- Net Revenues by Geography- Americas: $1.23 billion compared to the $1.3 billion average estimate based on three analysts. The reported number represents a change of -2.5% year over year.
- Net Revenues by Geography- EA, AU & PMI DF: $1.43 billion versus $1.45 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.6% change.
- Net Revenues by Geography- SSEA, CIS & MEA: $3.11 billion versus $3.12 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +8.4% change.
- Net Revenues by Geography- Europe: $4.6 billion versus $4.59 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change.
- Net Revenues- Smoke-Free Excl. W&H- Europe: $2.26 billion versus $2.32 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +17.2% change.
- Net Revenues- Smoke-Free Excl. W&H- SSEA, CIS & MEA: $546 million versus the two-analyst average estimate of $540.69 million. The reported number represents a year-over-year change of +33.2%.
- Net Revenues- Smoke-Free Excl. W&H- Total: $4.35 billion versus $4.39 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.6% change.
- Net Revenues- Combustible Tobacco- Total: $6.01 billion versus the two-analyst average estimate of $6.15 billion. The reported number represents a year-over-year change of +3.3%.
View all Key Company Metrics for Philip Morris here>>>
Shares of Philip Morris have returned +14.6% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Philip Morris International Inc. (PM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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