COST vs PM

Costco (COST) and Philip Morris International (PM) compared side by side. Costco (COST) is larger, with a market cap of $444.6B versus $310.9B for Philip Morris International, about 1.4 times the size. On trailing earnings, PM is cheaper at 29.1x versus 48.3x for COST.

Head to head

MetricCOSTPM
Market cap$444.6B$310.9B
P/E (TTM)48.3x29.1x
Forward P/E40.1x21.9x
Revenue (TTM)$303.2B$43.1B
Revenue growth11.1%5.5%
Gross margin12.8%67.7%
Operating margin3.8%42.0%
Free cash flow$9.4B$12.7B
Dividend yield0.59%3.21%
1-year return+7.1%+31.0%
5-year return (annual)+17.0%+21.0%
Max drawdown-62%-43%
FI Handbook gradeC-B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$10.0K
$15.0K
$20.0K
20222023202420252026
COSTPM

COST vs PM FAQ

Which is bigger, COST or PM?

Costco (COST) is larger, with a market cap of $444.6B versus $310.9B for Philip Morris International, about 1.4 times the size.

Is COST or PM cheaper?

On trailing earnings, PM is cheaper at 29.1x versus 48.3x for COST. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, COST or PM?

PM returned +31.0% over the past year including dividends, versus +7.1% for COST, through October 23, 2026.

Which pays a higher dividend, COST or PM?

PM yields 3.21% versus 0.59% for COST.

Full pages: Costco · Philip Morris International