Philip Morris International (PM) Debt Ratio (2009 - 2026)
Philip Morris International's (PM) quarterly Debt Ratio came in at 0.72 in Q2 2026, down 4.24% year-over-year from 0.75 in Q2 2025, and down 10.18% quarter-over-quarter from 0.8 in Q1 2026.
Analysis
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 Q2 2026.
- In Q2 2026, Debt Ratio fell 4.24% year-over-year to 0.72; the TTM figure through Jun 2026 stood at 0.72 (down 4.24% YoY), while the FY2025 annual figure was 0.71, down 4.56% from the prior year.
- Debt Ratio came in at 0.72 for Q2 2026 at Philip Morris International, down from 0.8 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.81 in Q1 2023 to a low of 0.67 in Q3 2022.
- Average Debt Ratio over 5 years is 0.74, with a median of 0.75 recorded in 2025.
- Year-over-year, Debt Ratio increased 17.16% in 2023 and fell 6.9% in 2024.
- Over 5 years, Debt Ratio stood at 0.75 in 2022, then fell by 1.95% to 0.73 in 2023, then climbed by 0.81% to 0.74 in 2024, then retreated by 4.56% to 0.71 in 2025, then advanced by 1.92% to 0.72 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.72 in Q2 2026, 0.8 in Q1 2026, and 0.71 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 295.57 Bn | 289.57 Bn | 7.66 Bn | 0.72 |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | 0.66 |
| 3 | Altria | 114.82 Bn | 112.45 Bn | 3.82 Bn | 0.79 |
| 4 | RLX Technology | 2.18 Bn | 1.47 Bn | 52.74 Mn | 0.02 |
| 5 | Turning Point Brands | 1.43 Bn | 1.16 Bn | 93.70 Mn | 0.34 |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | 0.17 |
| 7 | 22nd Century | 422,666.82 | -5.64 Mn | -293,000.00 | - |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | 1.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.72 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 0.71 |
| Sep 30, 2025 | 0.75 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.76 |
| Dec 31, 2024 | 0.74 |
| Sep 30, 2024 | 0.74 |
| Jun 30, 2024 | 0.75 |
| Mar 31, 2024 | 0.77 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | 0.76 |
| Jun 30, 2023 | 0.80 |
| Mar 31, 2023 | 0.81 |
| Dec 31, 2022 | 0.75 |
| Sep 30, 2022 | 0.67 |
| Jun 30, 2022 | 0.68 |
| Mar 31, 2022 | 0.70 |
| Dec 31, 2021 | 0.67 |
| Sep 30, 2021 | 0.70 |