Philip Morris International (PM) Debt Ratio (2009 - 2026)
Philip Morris International (PM) posted Debt Ratio of 0.67 for Q2 2026, down 6.66% sequentially from 0.72 in Q1 2026, and down 6.12% YoY from 0.71 in Q2 2025.
Philip Morris International (PM) Debt Ratio (2009 - 2026) Analysis & Trends
Philip Morris International has reported Debt Ratio for 18 years, with the latest figure at 0.67 in Q2 2026.
- Quarterly Debt Ratio fell 6.12% year-over-year to 0.67 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.67 (down 6.12% YoY) and the FY2025 annual result came in at 0.7, down 4.6% from the prior year.
- Debt Ratio retreated to 0.67 in Q2 2026 per PM's latest filing, from 0.72 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.77 in Q1 2024 and troughed at 0.6 in Q3 2022.
- A 5-year average of 0.7 and a median of 0.72 in 2025 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio declined 13.07% in 2022, then gained 19.95% in 2023.
- Over 5 years, Debt Ratio stood at 0.66 in 2022, then rose by 7.11% to 0.7 in 2023, then climbed by 4.82% to 0.74 in 2024, then dropped by 4.6% to 0.7 in 2025, then fell by 4.69% to 0.67 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.67, 0.72, and 0.7 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 0.67 |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | 0.32 |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 0.79 |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 0.01 |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 0.34 |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 0.39 |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 0.01 |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 2.78 |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | - |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.67 |
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 0.70 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 0.71 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.74 |
| Sep 30, 2024 | 0.73 |
| Jun 30, 2024 | 0.74 |
| Mar 31, 2024 | 0.77 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.74 |
| Mar 31, 2023 | 0.73 |
| 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 | 0.69 |