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Side-by-side financial comparison of Capital One (COF) and Philip Morris International (PM). Click either name above to swap in a different company.

Capital One is the larger business by last-quarter revenue ($15.2B vs $10.1B, roughly 1.5× Philip Morris International). Philip Morris International runs the higher net margin — 24.0% vs 14.3%, a 9.8% gap on every dollar of revenue. On growth, Philip Morris International posted the faster year-over-year revenue change (9.1% vs -2.3%). Over the past eight quarters, Capital One's revenue compounded faster (26.6% CAGR vs 3.5%).

Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia, with operations primarily in the United States. It is the sixth-largest bank in the United States by total assets as of June 30, 2025, the third-largest issuer of Visa and Mastercard credit cards, and one of the largest car finance companies in the United States.

Philip Morris International Inc. (PMI) is a tobacco company, with products sold in over 180 countries. Marlboro is PMI’s most recognized brand, but in the last quarter of 2023, Iqos generated the greatest revenue. Philip Morris International is often referred to as one of the companies comprising Big Tobacco. The company ranked No. 121 in the 2025 Fortune 500 list of the largest US corporations by total revenue.

COF vs PM — Head-to-Head

Bigger by revenue
COF
COF
1.5× larger
COF
$15.2B
$10.1B
PM
Growing faster (revenue YoY)
PM
PM
+11.4% gap
PM
9.1%
-2.3%
COF
Higher net margin
PM
PM
9.8% more per $
PM
24.0%
14.3%
COF
Faster 2-yr revenue CAGR
COF
COF
Annualised
COF
26.6%
3.5%
PM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
COF
COF
PM
PM
Revenue
$15.2B
$10.1B
Net Profit
$2.2B
$2.4B
Gross Margin
68.1%
Operating Margin
38.4%
Net Margin
14.3%
24.0%
Revenue YoY
-2.3%
9.1%
Net Profit YoY
1.9%
-9.4%
EPS (diluted)
$3.34
$1.56

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COF
COF
PM
PM
Q1 26
$15.2B
$10.1B
Q4 25
$15.6B
$10.4B
Q3 25
$15.4B
$10.8B
Q2 25
$12.5B
$10.1B
Q1 25
$10.0B
$9.3B
Q4 24
$10.2B
$9.7B
Q3 24
$10.0B
$9.9B
Q2 24
$9.5B
$9.5B
Net Profit
COF
COF
PM
PM
Q1 26
$2.2B
$2.4B
Q4 25
$2.1B
$2.1B
Q3 25
$3.2B
$3.5B
Q2 25
$-4.3B
$3.0B
Q1 25
$1.4B
$2.7B
Q4 24
$1.1B
$-579.0M
Q3 24
$1.8B
$3.1B
Q2 24
$597.0M
$2.4B
Gross Margin
COF
COF
PM
PM
Q1 26
68.1%
Q4 25
65.6%
Q3 25
67.8%
Q2 25
67.7%
Q1 25
67.3%
Q4 24
64.7%
Q3 24
66.0%
Q2 24
64.7%
Operating Margin
COF
COF
PM
PM
Q1 26
38.4%
Q4 25
85.8%
32.6%
Q3 25
28.5%
39.3%
Q2 25
-47.5%
36.6%
Q1 25
17.3%
38.1%
Q4 24
14.3%
33.6%
Q3 24
22.1%
36.9%
Q2 24
6.8%
36.4%
Net Margin
COF
COF
PM
PM
Q1 26
14.3%
24.0%
Q4 25
87.2%
20.7%
Q3 25
20.8%
32.1%
Q2 25
-34.2%
30.0%
Q1 25
14.0%
28.9%
Q4 24
10.8%
-6.0%
Q3 24
17.7%
31.1%
Q2 24
6.3%
25.4%
EPS (diluted)
COF
COF
PM
PM
Q1 26
$3.34
$1.56
Q4 25
$4.33
$1.36
Q3 25
$4.83
$2.23
Q2 25
$-8.58
$1.95
Q1 25
$3.45
$1.72
Q4 24
$2.67
$-0.37
Q3 24
$4.41
$1.97
Q2 24
$1.38
$1.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COF
COF
PM
PM
Cash + ST InvestmentsLiquidity on hand
$5.5B
Total DebtLower is stronger
$49.5B
Stockholders' EquityBook value
$112.3B
Total Assets
$682.9B
$68.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COF
COF
PM
PM
Q1 26
$5.5B
Q4 25
$4.9B
Q3 25
$4.0B
Q2 25
$4.1B
Q1 25
$4.4B
Q4 24
$4.2B
Q3 24
$4.3B
Q2 24
$4.8B
Total Debt
COF
COF
PM
PM
Q1 26
$49.5B
Q4 25
$49.9B
$45.1B
Q3 25
$50.9B
$41.9B
Q2 25
$51.9B
$42.4B
Q1 25
$41.2B
$38.8B
Q4 24
$45.0B
$42.2B
Q3 24
$48.8B
$44.2B
Q2 24
$47.2B
$44.6B
Stockholders' Equity
COF
COF
PM
PM
Q1 26
$112.3B
Q4 25
$113.6B
$-10.0B
Q3 25
$113.8B
$-10.9B
Q2 25
$111.0B
$-12.0B
Q1 25
$63.5B
$-10.9B
Q4 24
$60.8B
$-11.8B
Q3 24
$62.9B
$-9.7B
Q2 24
$58.0B
$-9.7B
Total Assets
COF
COF
PM
PM
Q1 26
$682.9B
$68.9B
Q4 25
$669.0B
$69.2B
Q3 25
$661.9B
$67.1B
Q2 25
$659.0B
$68.5B
Q1 25
$493.6B
$65.1B
Q4 24
$490.1B
$61.8B
Q3 24
$486.4B
$66.9B
Q2 24
$480.0B
$65.8B
Debt / Equity
COF
COF
PM
PM
Q1 26
Q4 25
0.44×
Q3 25
0.45×
Q2 25
0.47×
Q1 25
0.65×
Q4 24
0.74×
Q3 24
0.78×
Q2 24
0.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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