Philip Morris International (PM) Construction in Progress (2009 - 2025)
Philip Morris International's (PM) quarterly Construction in Progress came in at $1.5 billion in Q4 2025, up 36.08% year-over-year from $1.1 billion in Q4 2024, and up 36.08% quarter-over-quarter from $1.1 billion in Q4 2024.
Analysis
Philip Morris International (PM) Construction in Progress (2009 - 2025) Analysis & Trends
Philip Morris International has disclosed Construction in Progress across 17 years of filings, most recently posting $1.5 billion for Q4 2025.
- In Q4 2025, Construction in Progress rose 36.08% year-over-year to $1.5 billion; the TTM figure through Dec 2025 stood at $1.5 billion (up 36.08% YoY), while the FY2025 annual figure was $1.5 billion, up 36.08% from the prior year.
- Construction in Progress came in at $1.5 billion for Q4 2025 at Philip Morris International, up from $1.1 billion in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $1.5 billion in Q4 2025 to a low of $599.0 million in Q4 2021.
- Average Construction in Progress over 5 years is $1.1 billion, with a median of $1.1 billion recorded in 2024.
- Year-over-year, Construction in Progress surged 76.63% in 2022 and slipped 9.92% in 2024.
- Over 5 years, Construction in Progress stood at $599.0 million in 2021, then surged by 76.63% to $1.1 billion in 2022, then climbed by 13.42% to $1.2 billion in 2023, then dropped by 9.92% to $1.1 billion in 2024, then soared by 36.08% to $1.5 billion in 2025.
- Per Business Quant data, the three most recent Construction in Progress figures were $1.5 billion in Q4 2025, $1.1 billion in Q4 2024, and $1.2 billion in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 295.94 Bn | 289.95 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | - |
| 3 | Altria | 114.81 Bn | 112.45 Bn | 3.82 Bn | - |
| 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 | - |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | - |
| 7 | 22nd Century | 427,897.86 | -5.63 Mn | -293,000.00 | - |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.47 Bn |
| Dec 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.06 Bn |
| Dec 31, 2021 | 599.00 Mn |
| Dec 31, 2020 | 449.00 Mn |
| Dec 31, 2019 | 394.00 Mn |
| Dec 31, 2018 | 886.00 Mn |
| Dec 31, 2017 | 962.00 Mn |
| Dec 31, 2016 | 930.00 Mn |
| Dec 31, 2015 | 845.00 Mn |
| Dec 31, 2014 | 836.00 Mn |
| Dec 31, 2013 | 864.00 Mn |
| Dec 31, 2012 | 843.00 Mn |
| Dec 31, 2011 | 603.00 Mn |
| Dec 31, 2010 | 479.00 Mn |
| Dec 31, 2009 | 495.00 Mn |