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Philip Morris Seasonality

Historical month-by-month and year-by-year returns

Based on 19 calendar years of monthly closes, starting 2008.

By Month

MonthAverageMedian% PositiveBestWorst
January+0.6%0.0%50%+14.9%14.6%
February+4.1%+3.8%67%+19.3%9.9%
March+0.3%+1.8%67%+7.8%11.5%
April+1.6%+2.2%74%+10.8%17.5%
May+0.9%+1.5%58%+17.8%10.9%
June0.5%+0.9%53%+8.5%7.1%
July+3.8%+4.8%74%+13.6%9.9%
August1.3%1.0%45%+7.1%13.8%
September2.0%2.6%33%+9.1%13.1%
October+1.8%+1.3%50%+12.0%11.0%
November+0.5%0.4%50%+9.1%9.1%
December0.0%+1.9%78%+10.5%22.8%

By Calendar Year

YearReturn
2025+33.3%
2024+27.9%
20237.0%
2022+6.5%
2021+14.7%
20202.7%
2019+27.5%
201836.8%
2017+15.5%
2016+4.1%
2015+7.9%
20146.5%
2013+4.2%
2012+6.6%
2011+34.1%
2010+21.5%
2009+10.8%

These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.