Philip Morris International PM
NYSE PM
$189.59 +3.88 (+2.09%)
As of: Sep 10, 2026 · 2:36 PM EDT

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

Philip Morris International's (PM) quarterly Capital Expenditures came in at $380.0 million in Q2 2026, up 6.74% year-over-year from $356.0 million in Q2 2025, and up 7.65% quarter-over-quarter from $353.0 million in Q1 2026.

Analysis

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 $380.0 million for Q2 2026.

  • In Q2 2026, Capital Expenditures rose 6.74% year-over-year to $380.0 million; the TTM figure through Jun 2026 stood at $1.5 billion (up 8.82% YoY), while the FY2025 annual figure was $1.6 billion, up 8.66% from the prior year.
  • Capital Expenditures came in at $380.0 million for Q2 2026 at Philip Morris International, up from $353.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.1 billion in Q3 2023 to a low of -$454.0 million in Q4 2023.
  • Average Capital Expenditures over 5 years is $341.3 million, with a median of $358.0 million recorded in 2023.
  • The largest YoY upside for Capital Expenditures was 350.79% in 2023 against a maximum downside of 230.84% in 2023.
  • Over 5 years, Capital Expenditures stood at $347.0 million in 2022, then plunged by 230.84% to -$454.0 million in 2023, then soared by 161.23% to $278.0 million in 2024, then soared by 59.71% to $444.0 million in 2025, then dropped by 14.41% to $380.0 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $380.0 million in Q2 2026, $353.0 million in Q1 2026, and $444.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Philip Morris International 295.57 Bn 289.57 Bn 7.66 Bn 380.00 Mn
2 British American Tobacco p.l.c 126.98 Bn 123.54 Bn - -
3 Altria 114.82 Bn 112.45 Bn 3.82 Bn 57.00 Mn
4 RLX Technology 2.18 Bn 1.47 Bn 52.74 Mn -
5 Turning Point Brands 1.43 Bn 1.16 Bn 93.70 Mn 88,000.00
6 VPR Brands 7.34 Mn 5.00 Mn 161,075.00 -
7 22nd Century 422,666.82 -5.64 Mn -293,000.00 331,000.00
8 Cirtran 197,816.68 -168,530.32 619,024.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 380.00 Mn
Mar 31, 2026 353.00 Mn
Dec 31, 2025 444.00 Mn
Sep 30, 2025 365.00 Mn
Jun 30, 2025 356.00 Mn
Mar 31, 2025 404.00 Mn
Dec 31, 2024 278.00 Mn
Sep 30, 2024 379.00 Mn
Jun 30, 2024 370.00 Mn
Mar 31, 2024 417.00 Mn
Dec 31, 2023 -454.00 Mn
Sep 30, 2023 1.14 Bn
Jun 30, 2023 360.00 Mn
Mar 31, 2023 279.00 Mn
Dec 31, 2022 347.00 Mn
Sep 30, 2022 252.00 Mn
Jun 30, 2022 249.00 Mn
Mar 31, 2022 229.00 Mn
Dec 31, 2021 289.00 Mn
Sep 30, 2021 152.00 Mn