Philip Morris International (PM) Debt Ratio (2009 - 2026)

Philip Morris International (PM) posted Debt Ratio of 0.72 for Q1 2026, up 9.7% sequentially from 0.65 in Q4 2025, and up 3.56% YoY from 0.69 in Q1 2025.

Philip Morris International (PM) Debt Ratio (2009 - 2026) Analysis & Trends

Philip Morris International (PM) has 18 years of Debt Ratio data on file, last reported at 0.72 in Q1 2026.

  • Quarterly Debt Ratio rose 3.56% year-over-year to 0.72 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.72 (up 3.56% YoY) and the FY2025 annual result came in at 0.65, down 4.37% from the prior year.
  • Debt Ratio improved to 0.72 in Q1 2026 per PM's latest filing, from 0.65 in the prior quarter.
  • The five-year high for Debt Ratio was 0.73 in Q3 2024, with the low at 0.6 in Q3 2022.
  • Average Debt Ratio over 5 years is 0.68, with a median of 0.68 recorded in 2023.
  • Year-over-year, Debt Ratio declined 9.32% in 2022 and climbed 18.63% in 2023.
  • Philip Morris International's Debt Ratio stood at 0.66 in 2022, then increased by 0.74% to 0.66 in 2023, then gained by 3.48% to 0.68 in 2024, then retreated by 4.37% to 0.65 in 2025, then grew by 9.7% to 0.72 in 2026.
  • Business Quant data shows PM's Debt Ratio at 0.72 in Q1 2026, 0.65 in Q4 2025, and 0.72 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn 0.71
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn 0.01
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 0.38
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn 0.22
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn 0.01
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn 0.07
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 -
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 0.04
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn 0.06
10 Philip Morris International - - 6.91 Bn 0.72

Historic Data

Download Data
DateValue
Mar 31, 2026 0.72
Dec 31, 2025 0.65
Sep 30, 2025 0.72
Jun 30, 2025 0.66
Mar 31, 2025 0.69
Dec 31, 2024 0.68
Sep 30, 2024 0.73
Jun 30, 2024 0.68
Mar 31, 2024 0.69
Dec 31, 2023 0.66
Sep 30, 2023 0.72
Jun 30, 2023 0.71
Mar 31, 2023 0.68
Dec 31, 2022 0.66
Sep 30, 2022 0.60
Jun 30, 2022 0.65
Mar 31, 2022 0.64
Dec 31, 2021 0.67
Sep 30, 2021 0.62
Jun 30, 2021 0.71