How Does Philip Morris International Inc. Sit in Its SEC Industry Classification?

Philip Morris International Inc. files under SEC standard industrial classification 2111, Cigarettes. Among the 4 companies Swoopr covers under SIC 2111, its latest reported revenue of $40.6 billion ranks 1st. The comparison uses each company's own latest fiscal year, which can differ by up to a year across the group.

MeasurePhilip Morris International Inc. (FY2025)Peer reference
Revenue$40.6 billion1st of 4
Operating margin36.6%-29.7% (median of 3 peers)
Revenue growth+7.3%-16.1% (median of 3 peers)

Companies of similar size in the same classification: ALTRIA GROUP, INC. ($23.3 billion), Ispire Technology Inc. ($127 million), 22nd Century Group, Inc. ($18 million).

A classification code groups companies by how they describe their main business to the SEC, so two companies with the same code can still differ in customers, geography and cost structure. Treat the comparison as a starting point for the questions below.

Where value can be captured

The staples chain typically includes agricultural or chemical inputs, manufacturing, packaging, logistics, distributors and retailers, and the end consumer. Brands can capture value when they sustain preference while managing retailer power and input volatility.

For Philip Morris International, name suppliers, channels, customers and infrastructure dependencies only when a reliable source establishes the relationship. The goal is to show where the company sits, what it depends on, and where bargaining power resides.

Industry drivers

  • Volume: connect this driver to a disclosed KPI and to the financial statement line it influences.
  • Pricing: connect this driver to a disclosed KPI and to the financial statement line it influences.
  • Product Mix: connect this driver to a disclosed KPI and to the financial statement line it influences.
  • Distribution Gains: connect this driver to a disclosed KPI and to the financial statement line it influences.
  • Commodity Input Costs: connect this driver to a disclosed KPI and to the financial statement line it influences.
  • Brand Investment: connect this driver to a disclosed KPI and to the financial statement line it influences.
  • Retailer Inventory: connect this driver to a disclosed KPI and to the financial statement line it influences.
  • Innovation: connect this driver to a disclosed KPI and to the financial statement line it influences.

Macro connections

  • Food And Commodity Inflation: document the transmission mechanism rather than assuming correlation.
  • Consumer Purchasing Power: document the transmission mechanism rather than assuming correlation.
  • Foreign Exchange: document the transmission mechanism rather than assuming correlation.
  • Population Growth: document the transmission mechanism rather than assuming correlation.
  • Retail Traffic: document the transmission mechanism rather than assuming correlation.
  • Agricultural Conditions: document the transmission mechanism rather than assuming correlation.

Peer map

A starting peer group from the current S&P 500 classification is Altria, Archer Daniels Midland, Brown-Forman, Bunge Global, Casey's, Church & Dwight. Some may be adjacent rather than direct competitors. The latest Philip Morris International filing and credible industry sources should refine the map.

Questions for the supply-chain map

  • Which inputs are scarce, concentrated, regulated, or difficult to substitute?
  • Which layer has the highest switching costs?
  • Where can capacity expand quickly, and where does it take years?
  • Which participants bear inventory, credit, commodity, or utilization risk?
  • Is Philip Morris International's advantage located in intellectual property, physical assets, licenses, distribution, brand, data, or customer integration?
  • Which dependency could become a bottleneck under stress?

References

The evergreen analysis above is anchored to verified index metadata and a filing-first research workflow. Time-sensitive financial figures are refreshed from the latest primary filings.

Source-review rule: Check any statement about current revenue, margins, management, products, segment mix, guidance, market share or capital allocation against the latest 10-K, 10-Q, 8-K, proxy statement, earnings release or official investor-relations material before relying on it.