12 Most Profitable American Stocks to Buy in 2026

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

Net Profit Margin: 27.94%

Philip Morris International Inc. (NYSE:PM) operates as a global tobacco company. Its products include cigarettes and smoke-free alternatives. Its smoke-free business also covers wellness and healthcare products, along with consumer accessories such as lighters and matches.

On June 11, Philip Morris International Inc. (NYSE:PM) declared a quarterly dividend of $1.47 per share. The dividend is payable on July 20 to shareholders as of the June 25 record. The company has grown its annual payout every year since becoming a public company in 2008, representing a total increase of 219.6%, or a compound annual growth rate of 7.1%. PM currently boasts an impressive annual dividend yield of 3.23%, putting it among the 12 Best Dividend Stocks to Invest In According to Hedge Funds.

With smoking rates down every year, Philip Morris International Inc. (NYSE:PM) is rapidly transforming itself from a legacy cigarette company to a high-margin consumer staples compounder driven by next-gen nicotine products. The tobacco giant’s smoke-free products now represent around 41% of its revenue, with gross margins near 69.5%. Moreover, the contribution from alternative products like IQOS and ZYN has effectively doubled, indicating a structural mix shift rather than a cyclical improvement.