Philip Morris International (PM) Change in Inventory (2009 - 2026)

Philip Morris International's (PM) quarterly Change in Inventory came in at $11.0 million in Q1 2026, down 96.62% year-on-year from $325.0 million in Q1 2025, and down 99.05% quarter-over-quarter from $1.2 billion in Q4 2025.

Philip Morris International (PM) Change in Inventory (2009 - 2026) Analysis & Trends

Philip Morris International has disclosed Change in Inventory across 18 years of filings, most recently posting $11.0 million for Q1 2026.

  • Change in Inventory for Q1 2026 came in at $11.0 million, down 96.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $887.0 million (up 195.67% YoY), and the FY2025 annual result was $1.2 billion, up 317.57% from the prior year.
  • Change in Inventory came in at $11.0 million for Q1 2026 at Philip Morris International, down from $1.2 billion in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $2.1 billion in Q4 2022 to a low of -$1.1 billion in Q2 2022.
  • The 5-year median for Change in Inventory is $94.0 million (2025), against an average of $165.2 million.
  • Across the five-year window, Change in Inventory jumped 237.5% in 2023 and plunged 303.74% in 2024, its largest moves.
  • Philip Morris International's Change in Inventory stood at $2.1 billion in 2022, then sank by 67.26% to $681.0 million in 2023, then grew by 4.7% to $713.0 million in 2024, then surged by 61.71% to $1.2 billion in 2025, then sank by 99.05% to $11.0 million in 2026.
  • The last three Change in Inventory figures came in at $11.0 million (Q1 2026), $1.2 billion (Q4 2025), and -$371.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 11.00 Mn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 76.00 Mn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 21.70 Mn
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn -126.51 Mn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn -
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn 1.29 Mn
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn -866,000.00
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 35,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 11.00 Mn
Mar 31, 2026 11.00 Mn
Dec 31, 2025 1.15 Bn
Dec 31, 2025 1.15 Bn
Sep 30, 2025 -371.00 Mn
Sep 30, 2025 -371.00 Mn
Jun 30, 2025 94.00 Mn
Jun 30, 2025 94.00 Mn
Mar 31, 2025 325.00 Mn
Mar 31, 2025 325.00 Mn
Dec 31, 2024 713.00 Mn
Dec 31, 2024 713.00 Mn
Sep 30, 2024 -218.00 Mn
Sep 30, 2024 -218.00 Mn
Jun 30, 2024 -520.00 Mn
Jun 30, 2024 -520.00 Mn
Mar 31, 2024 -527.00 Mn
Mar 31, 2024 -527.00 Mn
Dec 31, 2023 681.00 Mn
Dec 31, 2023 681.00 Mn