Philip Morris International (PM) Capital Expenditures (2009 - 2026)
Philip Morris International (PM) posted Capital Expenditures of $353.0 million for Q1 2026, down 20.5% sequentially from $444.0 million in Q4 2025, and down 12.62% YoY from $404.0 million in Q1 2025.
Philip Morris International (PM) Capital Expenditures (2009 - 2026) Analysis & Trends
Philip Morris International (PM) has 18 years of Capital Expenditures data on file, last reported at $353.0 million in Q1 2026.
- Quarterly Capital Expenditures fell 12.62% year-over-year to $353.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 6.08% YoY) and the FY2025 annual result came in at $1.6 billion, up 8.66% from the prior year.
- Capital Expenditures eased to $353.0 million in Q1 2026 per PM's latest filing, from $444.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $1.1 billion in Q4 2022, with the low at -$478.0 million in Q3 2022.
- Average Capital Expenditures over 5 years is $339.1 million, with a median of $360.0 million recorded in 2023.
- The widest YoY moves for Capital Expenditures: up 272.66% in 2022, down 414.47% in 2022.
- Philip Morris International's Capital Expenditures stood at $1.1 billion in 2022, then tumbled by 71.12% to $311.0 million in 2023, then declined by 10.61% to $278.0 million in 2024, then soared by 59.71% to $444.0 million in 2025, then fell by 20.5% to $353.0 million in 2026.
- Business Quant data shows PM's Capital Expenditures at $353.0 million in Q1 2026, $444.0 million in Q4 2025, and $365.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 93.00 Mn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | - |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 5.14 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 8.53 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 247,347.00 |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | - |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | - |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | - |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 119,682.00 |
| 10 | Philip Morris International | - | - | 6.91 Bn | 353.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |