PM vs. ABBV
PM (Philip Morris International Inc.) and ABBV (AbbVie Inc.) are both stocks. PM operates in Tobacco (Consumer Defensive), while ABBV operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, PM returned 12.08%/yr vs 18.75%/yr for ABBV. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
PM vs. ABBV - Performance Comparison
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Returns By Period
In the year-to-date period, PM achieves a 19.82% return, which is significantly higher than ABBV's 10.30% return. Over the past 10 years, PM has underperformed ABBV with an annualized return of 12.08%, while ABBV has yielded a comparatively higher 18.75% annualized return.
PM
- 1D
- 1.08%
- 1M
- 2.26%
- 6M
- 6.55%
- YTD
- 19.82%
- 1Y
- 19.27%
- 3Y*
- 30.71%
- 5Y*
- 19.19%
- 10Y*
- 12.08%
- ALL TIME*
- 12.63%
ABBV
- 1D
- 0.98%
- 1M
- -2.67%
- 6M
- 15.15%
- YTD
- 10.30%
- 1Y
- 27.85%
- 3Y*
- 22.73%
- 5Y*
- 20.91%
- 10Y*
- 18.75%
- ALL TIME*
- 20.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ABBV AbbVie Inc. | $1.55B | $1.51B | $1.63B |
| $1.03B | $975.09M | $949.17M |
PM vs. ABBV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PM Philip Morris International Inc. | 19.82% | 37.99% | 34.34% | -1.85% | 12.31% | 20.78% | 3.69% | 35.02% | -33.30% | 19.85% |
ABBV AbbVie Inc. | 10.30% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | -0.96% | 60.07% |
Correlation
The correlation between PM and ABBV is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.29 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.29 |
Fundamentals
PM:
$294.47B
ABBV:
$434.82B
PM:
$6.97
ABBV:
$3.57
PM:
27.11
ABBV:
69.06
PM:
6.93
ABBV:
6.78
PM:
$42.55B
ABBV:
$64.39B
PM:
$28.72B
ABBV:
$47.71B
PM:
$18.20B
ABBV:
$19.30B
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Return for Risk
PM vs. ABBV — Risk / Return Rank
PM
ABBV
PM vs. ABBV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Philip Morris International Inc. (PM) and AbbVie Inc. (ABBV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PM | ABBV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.21 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.62 | -0.57 |
| Martin ratioReturn relative to average drawdown | 2.29 | 3.56 | -1.27 |
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Drawdowns
PM vs. ABBV - Drawdown Comparison
The maximum PM drawdown since its inception was -42.87%, roughly equal to the maximum ABBV drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for PM and ABBV.
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Drawdown Indicators
| PM | ABBV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.87% | -45.09% | +2.22% |
Max Drawdown (1Y)Largest decline over 1 year | -18.54% | -17.32% | -1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -20.64% | -20.74% | +0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -22.78% | -21.92% | -0.86% |
Max Drawdown (10Y)Largest decline over 10 years | -42.87% | -45.09% | +2.22% |
Current DrawdownCurrent decline from peak | -5.62% | -6.49% | +0.87% |
Average DrawdownAverage peak-to-trough decline | -9.97% | -10.63% | +0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.45% | 7.85% | +0.60% |
Volatility
PM vs. ABBV - Volatility Comparison
Philip Morris International Inc. (PM) has a higher volatility of 9.96% compared to AbbVie Inc. (ABBV) at 7.36%. This indicates that PM's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PM | ABBV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.96% | 7.36% | +2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 22.53% | 19.69% | +2.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.96% | 26.07% | +1.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.21% | 23.49% | -0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.66% | 25.94% | -1.28% |
Dividends
PM vs. ABBV - Dividend Comparison
PM's dividend yield for the trailing twelve months is around 3.11%, more than ABBV's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 2.77% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
PM Philip Morris International Inc. | 3.11% | 3.52% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% |
Financials
PM vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Philip Morris International Inc. and AbbVie Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PM vs. ABBV - Profitability Comparison
PM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Philip Morris International Inc. reported a gross profit of 7.66B and revenue of 11.19B. Therefore, the gross margin over that period was 68.4%.
ABBV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported a gross profit of 14.39B and revenue of 16.99B. Therefore, the gross margin over that period was 84.7%.
PM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Philip Morris International Inc. reported an operating income of 4.53B and revenue of 11.19B, resulting in an operating margin of 40.5%.
ABBV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported an operating income of 6.72B and revenue of 16.99B, resulting in an operating margin of 39.6%.
PM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Philip Morris International Inc. reported a net income of 2.82B and revenue of 11.19B, resulting in a net margin of 25.2%.
ABBV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported a net income of 3.62B and revenue of 16.99B, resulting in a net margin of 21.3%.
Frequently Asked Questions
PM and ABBV have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PM has higher volatility (9.96%) compared to ABBV (7.36%). In terms of maximum drawdown, PM dropped -42.87% vs ABBV's -45.09%.
ABBV currently has the higher Sharpe Ratio (1.07 vs 0.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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