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| 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 |