Philip Morris International (PM) Cash & Current Investments (2009 - 2026)
Philip Morris International's Cash & Current Investments was $6 billion in Q2 2026, up 45.0% from $4.14 billion a year earlier and up 10.1% from the prior quarter.
Philip Morris International (PM) Cash & Current Investments (2009 - 2026) Analysis & Trends
At the end of FY2025, Cash & Current Investments at Philip Morris International came in at $4.87 billion, up 15.6% from FY2024.
- Cash & Current Investments shows a five-year compound annual growth rate of -7.7% (FY2020 to FY2025).
- In earlier years, Cash & Current Investments was $4.22 billion in FY2024 (+37.8%), $3.06 billion in FY2023 (-4.6%), $3.21 billion in FY2022 (-28.7%) and $4.5 billion in FY2021 (-38.2%).
- The Q2 2026 figure marks the highest quarterly Cash & Current Investments since Q4 2020.
- Compared with a year earlier, Cash & Current Investments has increased for three straight quarters, with growth averaging 19.4% over the last eight quarters.
- The best year-over-year quarter for Cash & Current Investments over five years was Q1 2024 (growth of 63.4%); the worst was Q1 2023 (a decline of 47.5%).
- Per Business Quant data, PM's Cash & Current Investments in the three quarters before Q2 2026 was $5.45 billion (Q1 2026), $4.87 billion (Q4 2025) and $4.04 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 311.15 Bn | 290.80 Bn | 7.66 Bn | 6.00 Bn |
| 2 | British American Tobacco p.l.c | 130.16 Bn | 106.53 Bn | - | 3.69 Bn |
| 3 | Altria | 124.18 Bn | 110.34 Bn | 3.82 Bn | 2.37 Bn |
| 4 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn | 94.59 Mn |
| 5 | Trulieve Cannabis | 2.00 Bn | 619.27 Mn | 162.29 Mn | 325.42 Mn |
| 6 | RLX Technology | 1.98 Bn | -1.79 Bn | 52.74 Mn | 978.70 Mn |
| 7 | Green Thumb Industries | 1.41 Bn | 261.84 Mn | 137.87 Mn | 283.59 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 384.85 Mn | 93.70 Mn | 270.20 Mn |
| 9 | Cronos | 1.25 Bn | -2.03 Bn | 28.45 Mn | 797.02 Mn |
| 10 | Tilray Brands | 376.01 Mn | -591.50 Mn | 77.51 Mn | 221.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00 Bn |
| Mar 31, 2026 | 5.45 Bn |
| Dec 31, 2025 | 4.87 Bn |
| Sep 30, 2025 | 4.04 Bn |
| Jun 30, 2025 | 4.14 Bn |
| Mar 31, 2025 | 4.44 Bn |
| Dec 31, 2024 | 4.22 Bn |
| Sep 30, 2024 | 4.26 Bn |
| Jun 30, 2024 | 4.81 Bn |
| Mar 31, 2024 | 3.97 Bn |
| Dec 31, 2023 | 3.06 Bn |
| Sep 30, 2023 | 3.02 Bn |
| Jun 30, 2023 | 3.49 Bn |
| Mar 31, 2023 | 2.43 Bn |
| Dec 31, 2022 | 3.21 Bn |
| Sep 30, 2022 | 5.37 Bn |
| Jun 30, 2022 | 5.04 Bn |
| Mar 31, 2022 | 4.62 Bn |
| Dec 31, 2021 | 4.50 Bn |
| Sep 30, 2021 | 4.49 Bn |
Philip Morris International Cash & Current Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "ticker": "PM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();