Since May 31st, 2010, Philip Morris International Inc's market capitalization has increased from $43.9 Billion to $141 Billion at May 26th, 2023.
Philip Morris International Inc's market capitalization as of May 26th, 2023 of $141 Billion was higher than its peers in the Cigarettes industry group of April 30th, 2023 of 33.7 Billion. From May 31st, 2010 to May 26th, 2023, Philip Morris International Inc's average market capitalization was 101 Billion compared to an industry average of 717 Trillion.
Philip Morris International, Inc. is a holding company, which engages in the manufacture and sale of cigarettes and tobacco products. It operates through the following geographical segments: European Union (EU); Eastern Europe, Middle East, and Africa; Asia Region; and Latin America and Canada. The European Union segment comprises of Switzerland, Norway, and Iceland, which are linked to the EU through trade agreements. The Eastern Europe, Middle East, and Africa segment includes Eastern Europe, certain Balkan countries, Turkey, the Middle East and Africa, and international duty free business. The Asia Region segment covers Asian markets as well as Australia, New Zealand, and the Pacific Islands. The Latin America and Canada segment consists of South American continent, Central America, Mexico, the Caribbean, and Canada. The company was founded by Philip Morris in 1847 and is headquartered in New York, NY.
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