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
DateValue
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