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

Philip Morris International's (PM) quarterly Debt Ratio came in at 0.72 in Q1 2026, up 3.56% year-on-year from 0.69 in Q1 2025, and up 9.7% quarter-over-quarter from 0.65 in Q4 2025.

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

Philip Morris International has disclosed Debt Ratio across 18 years of filings, most recently posting 0.72 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.72, up 3.56% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.72 (up 3.56% YoY), and the FY2025 annual result was 0.65, down 4.37% from the prior year.
  • Debt Ratio came in at 0.72 for Q1 2026 at Philip Morris International, up from 0.65 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.73 in Q3 2024 to a low of 0.6 in Q3 2022.
  • The 5-year median for Debt Ratio is 0.68 (2023), against an average of 0.68.
  • Across the five-year window, Debt Ratio retreated 9.32% in 2022 and increased 18.63% in 2023, its largest moves.
  • Philip Morris International's Debt Ratio stood at 0.66 in 2022, then advanced by 0.74% to 0.66 in 2023, then grew by 3.48% to 0.68 in 2024, then dropped by 4.37% to 0.65 in 2025, then gained by 9.7% to 0.72 in 2026.
  • The last three Debt Ratio figures came in at 0.72 (Q1 2026), 0.65 (Q4 2025), and 0.72 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 0.72
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 0.71
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - 0.00
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 0.38
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 0.22
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 0.01
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn 0.01
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 0.07
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
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