Philip Morris International Inc

PM
Failed

Company Overview

Philip Morris International, Inc. is a holding company, which engages in the manufacture and sale of cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products. The company is working to deliver a smoke-free future and to evolve its portfolio for the long term to include products outside of the tobacco and nicotine sector. It develops scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes. This includes pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. It operates through the following segments: Europe Region, South and Southeast Asia, Commonwealth of Independent States, Middle East and Africa Region, East Asia, Australia, and PMI Duty Free Region, Americas Region, Swedish Match, and Wellness and Healthcare. The company was founded by Philip Morris in 1847 and is headquartered in Stamford, CT.

Country
US
Market Cap
$145.82B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
40.51% failed
5% Threshold
40.5%
Liabilities Compliance
32.85% failed
33% Threshold
32.9%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Philip Morris International Inc
Ticker PM
Main Business Tobacco
Type Common Stock
Industry Tobacco
Country US
Market Cap $145.82 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Combustible tobacco products $21,570.0 $21,570.0 tobacco
Smoke-free products $10,190.0 $0.0 -
Interest income $180.0 $180.0 -
Total $31,940.0 $21,750.0 40.51% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $6,670,000,000.0 4.57%
long term debt and capital lease obligation $41,240,000,000.0 28.28%
Total Interest-Bearing Debt $47,910,000,000.0 32.85%
Market Capitalization $145,824,000,000.0 100.00%
Compliance Status Threshold: 33% failed