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
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