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-on-year from $1.1 billion in Q4 2024, and up 36.08% quarter-over-quarter from $1.1 billion in Q4 2024.
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.
- Construction in Progress for Q4 2025 came in at $1.5 billion, up 36.08% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.5 billion (up 36.08% YoY), and the FY2025 annual result 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.
- The 5-year median for Construction in Progress is $1.1 billion (2024), against an average of $1.1 billion.
- Across the five-year window, Construction in Progress jumped 76.63% in 2022 and decreased 9.92% in 2024, its largest moves.
- Philip Morris International's 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.
- The last three Construction in Progress figures came in at $1.5 billion (Q4 2025), $1.1 billion (Q4 2024), and $1.2 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | - |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | - |
| 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 | - |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 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 | 1.18 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | - |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | - |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | - |
Historic Data
Download 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 |