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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |