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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |