Philip Morris International (PM) Capital Expenditures (2009 - 2026)

Philip Morris International's (PM) quarterly Capital Expenditures came in at $353.0 million in Q1 2026, down 12.62% year-on-year from $404.0 million in Q1 2025, and down 20.5% quarter-over-quarter from $444.0 million in Q4 2025.

Philip Morris International (PM) Capital Expenditures (2009 - 2026) Analysis & Trends

Philip Morris International has disclosed Capital Expenditures across 18 years of filings, most recently posting $353.0 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $353.0 million, down 12.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 6.08% YoY), and the FY2025 annual result was $1.6 billion, up 8.66% from the prior year.
  • Capital Expenditures came in at $353.0 million for Q1 2026 at Philip Morris International, down from $444.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.1 billion in Q4 2022 to a low of -$478.0 million in Q3 2022.
  • The 5-year median for Capital Expenditures is $360.0 million (2023), against an average of $339.1 million.
  • Peak annual rise in Capital Expenditures reached 272.66% in 2022, while the deepest fall reached 414.47% in 2022.
  • Philip Morris International's Capital Expenditures stood at $1.1 billion in 2022, then slumped by 71.12% to $311.0 million in 2023, then decreased by 10.61% to $278.0 million in 2024, then soared by 59.71% to $444.0 million in 2025, then slipped by 20.5% to $353.0 million in 2026.
  • The last three Capital Expenditures figures came in at $353.0 million (Q1 2026), $444.0 million (Q4 2025), and $365.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 353.00 Mn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 93.00 Mn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 5.14 Mn
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 8.53 Mn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn -
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn 247,347.00
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn -
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 40,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 353.00 Mn
Mar 31, 2026 353.00 Mn
Dec 31, 2025 444.00 Mn
Dec 31, 2025 444.00 Mn
Sep 30, 2025 365.00 Mn
Sep 30, 2025 365.00 Mn
Jun 30, 2025 356.00 Mn
Jun 30, 2025 356.00 Mn
Mar 31, 2025 404.00 Mn
Mar 31, 2025 404.00 Mn
Dec 31, 2024 278.00 Mn
Dec 31, 2024 278.00 Mn
Sep 30, 2024 379.00 Mn
Sep 30, 2024 379.00 Mn
Jun 30, 2024 370.00 Mn
Jun 30, 2024 370.00 Mn
Mar 31, 2024 417.00 Mn
Mar 31, 2024 417.00 Mn
Dec 31, 2023 311.00 Mn
Dec 31, 2023 311.00 Mn