Philip Morris International (PM -1.17%) is the world's biggest tobacco company. Its leading brand is Marlboro, the best-selling international cigarette, and its portfolio includes L&M, Chesterfield, Philip Morris, and Parliament. In 2014, Philip Morris started offering smoke-free products, and it now sells nicotine pouches, heated tobacco devices, and e-vapor products.
It's worth noting that this company doesn't sell cigarettes in the U.S. In 2008, Philip Morris was split into two companies: Philip Morris International and Philip Morris USA, the latter of which is now a separate entity within Altria Group (MO +0.94%). Philip Morris International continues to operate in the U.S. through its smoke-free portfolio.
6. L'Oréal
- Market cap: $236.52 billion (as of May 1)
- Revenue (TTM): $51.7 billion*
- Gross profit (TTM): $38.4 billion*
- Five-year annualized return: 1.61%
- Year founded: 1909
*Converted from euros.