Philip Morris International (PM) Change in Inventory (2009 - 2026)
Philip Morris International (PM) reported Change in Inventory of $11.0 million for Q1 2026, down 96.62% on a YoY basis from $325.0 million in Q1 2025, and down 99.05% sequentially from $1.2 billion in Q4 2025.
Philip Morris International (PM) Change in Inventory (2009 - 2026) Analysis & Trends
Philip Morris International (PM) has 18 years of Change in Inventory data on file, last reported at $11.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Inventory fell 96.62% year-over-year to $11.0 million; the trailing twelve-month figure through Mar 2026 stood at $887.0 million (up 195.67% YoY), and the FY2025 full-year result was $1.2 billion, up 317.57% from the prior year.
- Change in Inventory retreated to $11.0 million in Q1 2026, 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.
- A 5-year average of $165.2 million and a median of $94.0 million in 2025 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory jumped 237.5% in 2023 and slumped 303.74% in 2024, its largest moves.
- Tracing PM's Change in Inventory over 5 years: stood at $2.1 billion in 2022, then slumped by 67.26% to $681.0 million in 2023, then climbed by 4.7% to $713.0 million in 2024, then jumped by 61.71% to $1.2 billion in 2025, then slumped by 99.05% to $11.0 million in 2026.
- Business Quant data shows PM's Change in Inventory at $11.0 million in Q1 2026, $1.2 billion in Q4 2025, and -$371.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 11.00 Mn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 76.00 Mn |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | - |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 21.70 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | -126.51 Mn |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 1.29 Mn |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | -866,000.00 |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | -82,499.00 |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |