Altria Group (MO) vs Philip Morris International (PM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Philip Morris International (PM) has outperformed Altria Group (MO) over the past year, gaining 24.1% versus a gain of 4.0%. Over five years, PM leads with a +94.9% price change compared with +42.3% for MO. Philip Morris International is the larger company by market cap ($300.33 billion vs $115.85 billion), about 2.6 times the size.
On valuation, Altria Group trades at a lower forward P/E (11.8x vs 21.0x for Philip Morris International). Altria Group offers the higher dividend yield (6.11% vs 3.05%). Altria Group converts more of its revenue into profit, with a net margin of 29.8% versus 27.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MO | PM |
|---|---|---|
| Share price | $69.38 | $192.69 |
| Market cap | $115.85B | $300.33B |
| 1-day change | +1.21% | +1.20% |
| YTD return | +20.17% | +19.56% |
| 1-year return | +3.96% | +24.08% |
| 5-year return | +42.28% | +94.95% |
| P/E ratio (TTM) | 14.61 | 27.69 |
| Forward P/E | 11.83 | 20.97 |
| EPS (TTM) | $4.75 | $6.96 |
| Dividend yield | 6.11% | 3.05% |
| Annual dividend | $4.24 | $5.88 |
| Revenue (latest FY) | $23.28B | $40.65B |
| Revenue growth (YoY) | -3.08% | +7.31% |
| Net income (latest FY) | $6.95B | $11.35B |
| Gross margin | 62.47% | 67.12% |
| Operating margin | 42.52% | 36.64% |
| Net margin | 29.84% | 27.92% |
| 52-week high | $77.06 | $207.76 |
| 52-week low | $54.70 | $142.11 |
| Distance from 52-week high | -9.97% | -7.25% |
| Analyst consensus | hold | none |
| Avg. price target upside | +0.89% | +8.01% |
| Average volume | 8.46M | 4.65M |
| Shares outstanding | 1.67B | 1.56B |
| Employees | 5,900 | 84,900 |
| Sector | Consumer Defensive | Consumer Defensive |
| Industry | Tobacco | Tobacco |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Philip Morris International is about 2.6 times larger than Altria Group by market value ($300.33B vs $115.85B).
- PM has outperformed MO by 20.1 percentage points over the past year.
- Philip Morris International trades at a higher earnings multiple (27.7x vs 14.6x trailing P/E).
- Altria Group offers a meaningfully higher dividend yield (6.11% vs 3.05%).
- Philip Morris International grew revenue faster in its latest fiscal year (+7.31% vs -3.08%).
About Altria Group
MO stock →Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. It offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and oral tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.
Consumer Defensive · Tobacco · 5,900 employees
About Philip Morris International
PM stock →Philip Morris International Inc. operates as a tobacco company.
Consumer Defensive · Tobacco · 84,900 employees
MO vs PM FAQ
Which is bigger, Altria Group or Philip Morris International?
Philip Morris International (PM) is larger, with a market capitalization of $300.33B compared with $115.85B for Altria Group (MO).
Which stock has performed better over the past year, MO or PM?
PM returned +24.08% over the past 12 months, compared with +3.96% for MO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MO or PM?
MO has the lower trailing P/E at 14.6, versus 27.7 for PM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Altria Group or Philip Morris International?
Altria Group has the higher yield at 6.11%, compared with 3.05% for Philip Morris International.
Are Altria Group and Philip Morris International in the same industry?
Yes. Both are classified in the Tobacco industry within the Consumer Defensive sector.