Philip Morris International (PM) Debt Ratio (2009 - 2026)
Philip Morris International (PM) reported Debt Ratio of 0.72 for Q1 2026, up 8.16% on a YoY basis from 0.66 in Q1 2025, and up 9.7% sequentially from 0.65 in Q4 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.
- For the quarter ending Q1 2026, Debt Ratio rose 8.16% year-over-year to 0.72; the trailing twelve-month figure through Mar 2026 stood at 0.72 (up 8.16% YoY), and the FY2025 full-year result was 0.65, down 11.2% from the prior year.
- Debt Ratio improved to 0.72 in Q1 2026, from 0.65 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.77 in Q1 2024 to a low of 0.6 in Q3 2022.
- A 5-year average of 0.7 and a median of 0.71 in 2025 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio increased 19.95% in 2023 and fell 13.44% in 2025, its largest moves.
- Tracing PM's Debt Ratio over 5 years: stood at 0.61 in 2022, then rose by 15.76% to 0.7 in 2023, then rose by 4.82% to 0.74 in 2024, then dropped by 11.2% to 0.65 in 2025, then rose 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 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 0.72 |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | 0.29 |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 0.73 |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 0.01 |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 0.38 |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 0.33 |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 0.01 |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 2.78 |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 0.04 |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 0.65 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 0.71 |
| Mar 31, 2025 | 0.66 |
| 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 | 0.71 |
| Mar 31, 2023 | 0.73 |
| Dec 31, 2022 | 0.61 |
| 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 |