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| 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 |