Philip Morris International (PM) Cash & Equivalents (2009 - 2026)
Philip Morris International's Cash & Equivalents came in at $6 billion for Q2 2026, up 45.0% from $4.14 billion a year earlier and up 10.1% from the prior quarter.
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Analysis
Philip Morris International (PM) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Philip Morris International's Cash & Equivalents was $4.87 billion, up 15.6% from FY2024.
- Cash & Equivalents carries a five-year compound annual growth rate of -7.7% (FY2020 to FY2025).
- Going back by year, Cash & Equivalents 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 represents the highest quarterly Cash & Equivalents since Q4 2020.
- Year-over-year, Cash & Equivalents has increased for three consecutive quarters, with growth averaging 19.4% over the last eight quarters.
- The fastest year-over-year change in Cash & Equivalents over five years came in Q1 2024 (growth of 63.4%), and the weakest in Q1 2023 (a decline of 47.5%).
- Business Quant data shows PM's Cash & Equivalents at $5.45 billion (Q1 2026), $4.87 billion (Q4 2025) and $4.04 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 6.00 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 3.38 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 2.37 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 94.59 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 682.25 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 325.42 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 283.59 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 467.02 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 270.20 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 85.20 Mn |
Historic Data
Download Data
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 |
API Access
Philip Morris International Cash & Equivalents 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-equivalents&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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-equivalents&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();