Philip Morris International (PM) Construction in Progress (2009 - 2025)

Philip Morris International (PM) reported Construction in Progress of $1.5 billion for Q4 2025, up 36.08% on a YoY basis from $1.1 billion in Q4 2024, and up 36.08% sequentially from $1.1 billion in Q4 2024.

Philip Morris International (PM) Construction in Progress (2009 - 2025) Analysis & Trends

Philip Morris International (PM) has 17 years of Construction in Progress data on file, last reported at $1.5 billion in Q4 2025.

  • For the quarter ending Q4 2025, Construction in Progress rose 36.08% year-over-year to $1.5 billion; the trailing twelve-month figure through Dec 2025 stood at $1.5 billion (up 36.08% YoY), and the FY2025 full-year result was $1.5 billion, up 36.08% from the prior year.
  • Construction in Progress advanced to $1.5 billion in Q4 2025, 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.
  • A 5-year average of $1.1 billion and a median of $1.1 billion in 2024 frame the typical range for Construction in Progress.
  • Across the five-year window, Construction in Progress jumped 76.63% in 2022 and decreased 9.92% in 2024, its largest moves.
  • Tracing PM's Construction in Progress over 5 years: stood at $599.0 million in 2021, then jumped by 76.63% to $1.1 billion in 2022, then advanced by 13.42% to $1.2 billion in 2023, then slipped by 9.92% to $1.1 billion in 2024, then surged by 36.08% to $1.5 billion in 2025.
  • Business Quant data shows PM's Construction in Progress at $1.5 billion in Q4 2025, $1.1 billion in Q4 2024, and $1.2 billion in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn -
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - -
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn -
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 -
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn -
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn 1.18 Mn
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn -
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 -
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 -

Historic Data

Download Data
DateValue
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