Top 5 Most Valuable Tobacco Companies in the World

Page 5 of 5

1. Philip Morris International Inc. (NYSE:PM)

Market Cap: $142.42 billion

With a presence in over 180 markets, Philip Morris International is the Most Valuable Tobacco Company in the World. The company is headquartered in New York, but is also based operationally in Switzerland and Hong Kong. PMI earned a massive revenue of over $31.7 billion in 2022, with a net profit of over $9 billion. 

Philip Morris International’s product portfolio primarily consists of cigarettes and smoke-free products, including heated tobacco, e-vapor, and oral smokeless products. As of September 30th 2023, 36.2% of the company’s total net revenues came from its smoke-free offerings.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 25 Most Cannabis Consuming Countries in the World and Alcohol Consumption by Country: 25 Countries with the Highest Alcohol Consumption per Capita.

Page 5 of 5