Philip Morris International (PM) Capital Expenditures (2009 - 2026)
Philip Morris International (PM) posted Capital Expenditures of $380.0 million for Q2 2026, up 7.65% sequentially from $353.0 million in Q1 2026, and up 6.74% YoY from $356.0 million in Q2 2025.
Philip Morris International (PM) Capital Expenditures (2009 - 2026) Analysis & Trends
Philip Morris International has reported Capital Expenditures for 18 years, with the latest figure at $380.0 million in Q2 2026.
- Quarterly Capital Expenditures rose 6.74% year-over-year to $380.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.5 billion (up 8.82% YoY) and the FY2025 annual result came in at $1.6 billion, up 8.66% from the prior year.
- Capital Expenditures improved to $380.0 million in Q2 2026 per PM's latest filing, from $353.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.1 billion in Q3 2023 and troughed at -$454.0 million in Q4 2023.
- A 5-year average of $341.3 million and a median of $358.0 million in 2023 frame the typical range for Capital Expenditures.
- The widest YoY moves for Capital Expenditures: up 350.79% in 2023, down 230.84% in 2023.
- Over 5 years, Capital Expenditures stood at $347.0 million in 2022, then slumped by 230.84% to -$454.0 million in 2023, then surged by 161.23% to $278.0 million in 2024, then surged by 59.71% to $444.0 million in 2025, then fell by 14.41% to $380.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $380.0 million, $353.0 million, and $444.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.95 Bn | 287.95 Bn | 7.66 Bn | 380.00 Mn |
| 2 | British American Tobacco p.l.c | 122.02 Bn | 118.33 Bn | - | - |
| 3 | Altria | 110.50 Bn | 108.13 Bn | 3.82 Bn | 57.00 Mn |
| 4 | RLX Technology | 2.20 Bn | 1.45 Bn | 52.74 Mn | - |
| 5 | Turning Point Brands | 1.68 Bn | 1.41 Bn | 93.70 Mn | 88,000.00 |
| 6 | Universal | 1.12 Bn | 844.29 Mn | 83.09 Mn | 15.93 Mn |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn | 247,347.00 |
| 8 | Rythm | 50.85 Mn | 8.94 Mn | 18.54 Mn | - |
| 9 | Greenlane Holdings | 11.64 Mn | -12.86 Mn | 32,000.00 | 1.16 Mn |
| 10 | VPR Brands | 8.26 Mn | 5.92 Mn | 161,075.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 380.00 Mn |
| Jun 30, 2026 | 380.00 Mn |
| 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 |