PM
Philip Morris International Inc. Consumer Staples - Tobacco Investor Relations →
Philip Morris International Inc. (PM) closed at $163.11 as of 2026-03-20, trading 46.0% above its 200-week moving average of $111.75. The stock is currently moving closer to the line, down from 55.5% last week. The 14-week RSI sits at 58, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.18 ratio) is neutral — neither side is clearly dominating.
Over the past 891 weeks of data, PM has crossed below its 200-week moving average 9 times. On average, these episodes lasted 16 weeks. Historically, investors who bought PM at the start of these episodes saw an average one-year return of +22.6%.
With a market cap of $253.9 billion, PM is a large-cap stock. The company generates a free cash flow yield of 3.5%. The stock trades at -25.4x book value.
Over the past 17.2 years, a hypothetical investment of $100 in PM would have grown to $1094, compared to $1200 for the S&P 500. PM has returned 15.0% annualized vs 15.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: PM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PM Crosses Below the Line?
Across 9 historical episodes, buying PM when it crossed below its 200-week moving average produced an average return of +23.1% after 12 months (median +11.0%), compared to +19.0% for the S&P 500 over the same periods. 89% of those episodes were profitable after one year. After 24 months, the average return was +50.0% vs +39.7% for the index.
Each line shows $100 invested at the moment PM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
PM has crossed below its 200-week MA 9 times with an average 1-year return of +22.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2009 | Jul 2009 | 20 | 27.4% | +53.9% | +993.6% |
| May 2010 | Jun 2010 | 2 | 1.0% | +67.2% | +680.0% |
| Mar 2015 | Mar 2015 | 3 | 1.6% | +30.5% | +265.9% |
| Aug 2015 | Sep 2015 | 1 | 2.1% | +37.7% | +258.6% |
| Apr 2018 | Oct 2018 | 26 | 11.9% | +6.0% | +193.3% |
| Nov 2018 | Feb 2019 | 14 | 24.7% | +4.2% | +178.3% |
| Apr 2019 | Dec 2019 | 38 | 17.7% | -8.4% | +173.5% |
| Jan 2020 | Feb 2020 | 1 | 2.3% | +2.6% | +170.1% |
| Feb 2020 | Nov 2020 | 40 | 27.8% | +9.4% | +172.8% |
| Average | 16 | — | +22.6% | — |
Frequently Asked Questions
Is PM below its 200-week moving average?
No. Philip Morris International Inc. (PM) is currently 46.0% above its 200-week moving average of $111.75. It would need to fall to $111.75 to cross below the line.
What is PM's 200-week moving average price?
Philip Morris International Inc.'s 200-week moving average is $111.75 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when PM drops below its 200-week moving average?
PM has crossed below its 200-week moving average 9 times in our data. On average, buying at that moment produced a one-year return of +22.6%. These dips have historically been decent entry points. These episodes lasted 16 weeks on average.
Is PM a good value right now?
Here's what our data says about PM as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 58. Free cash flow yield is 3.5%. Price-to-book is -25.4x. This is not a buy or sell recommendation — always do your own research.
How does PM compare to the S&P 500?
Over the past 17.2 years, $100 invested in PM would have grown to $1094, compared to $1200 for the S&P 500. That's 15.0% annualized vs 15.6% for the index. PM has underperformed the broader market over this period.
Does PM pay a dividend?
Yes. Philip Morris International Inc. currently pays a dividend yield of 360.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20