Philip Morris International PM
NYSE PM
$189.78 +4.07 (+2.19%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Philip Morris International's (PM) quarterly Change in Inventory came in at $69.0 million in Q2 2026, down 26.6% year-over-year from $94.0 million in Q2 2025, and up 527.27% quarter-over-quarter from $11.0 million in Q1 2026.

Analysis

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 $69.0 million for Q2 2026.

  • In Q2 2026, Change in Inventory fell 26.6% year-over-year to $69.0 million; the TTM figure through Jun 2026 stood at $862.0 million (down 5.69% YoY), while the FY2025 annual figure was $1.2 billion, up 317.57% from the prior year.
  • Change in Inventory came in at $69.0 million for Q2 2026 at Philip Morris International, up from $11.0 million 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.
  • Average Change in Inventory over 5 years is $159.9 million, with a median of $84.0 million recorded in 2022.
  • Year-over-year, Change in Inventory surged 237.5% in 2023 and tumbled 303.74% in 2024.
  • Over 5 years, Change in Inventory stood at $2.1 billion in 2022, then tumbled 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 94.02% to $69.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were $69.0 million in Q2 2026, $11.0 million in Q1 2026, and $1.2 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Philip Morris International 295.94 Bn 289.95 Bn 7.66 Bn 69.00 Mn
2 British American Tobacco p.l.c 126.98 Bn 123.54 Bn - -
3 Altria 114.81 Bn 112.45 Bn 3.82 Bn -28.00 Mn
4 RLX Technology 2.17 Bn 1.46 Bn 52.74 Mn -
5 Turning Point Brands 1.43 Bn 1.16 Bn 93.70 Mn 4.00 Mn
6 VPR Brands 7.34 Mn 5.00 Mn 161,075.00 -5,656.00
7 22nd Century 427,897.86 -5.63 Mn -293,000.00 404,000.00
8 Cirtran 197,816.68 -168,530.32 619,024.00 -145,433.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 69.00 Mn
Mar 31, 2026 11.00 Mn
Dec 31, 2025 1.15 Bn
Sep 30, 2025 -371.00 Mn
Jun 30, 2025 94.00 Mn
Mar 31, 2025 325.00 Mn
Dec 31, 2024 713.00 Mn
Sep 30, 2024 -218.00 Mn
Jun 30, 2024 -520.00 Mn
Mar 31, 2024 -527.00 Mn
Dec 31, 2023 681.00 Mn
Sep 30, 2023 107.00 Mn
Jun 30, 2023 -709.00 Mn
Mar 31, 2023 783.00 Mn
Dec 31, 2022 2.08 Bn
Sep 30, 2022 74.00 Mn
Jun 30, 2022 -1.10 Bn
Mar 31, 2022 232.00 Mn
Dec 31, 2021 686.00 Mn
Sep 30, 2021 -468.00 Mn