Philip Morris International (PM) Debt to Equity (2009 - 2026)
Philip Morris International (PM) posted Debt to Equity of -$6.78 for Q1 2026, down 20.17% sequentially from -$5.64 in Q4 2025, and down 34.08% YoY from -$10.29 in Q1 2025.
Philip Morris International (PM) Debt to Equity (2009 - 2026) Analysis & Trends
Philip Morris International (PM) has 18 years of Debt to Equity data on file, last reported at -$6.78 in Q1 2026.
- Quarterly Debt to Equity fell 34.08% year-over-year to -$6.78 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$6.78 (down 34.08% YoY) and the FY2025 annual result came in at -$5.64, down 31.66% from the prior year.
- Debt to Equity fell to -$6.78 in Q1 2026 per PM's latest filing, from -$5.64 in the prior quarter.
- The five-year high for Debt to Equity was -$3.28 in Q1 2022, with the low at -$6.78 in Q1 2026.
- Average Debt to Equity over 5 years is -$5.15, with a median of -$5.37 recorded in 2025.
- Year-over-year, Debt to Equity plunged 91.03% in 2022 and gained 28.74% in 2023.
- Philip Morris International's Debt to Equity stood at -$6.42 in 2022, then grew by 28.74% to -$4.57 in 2023, then increased by 6.31% to -$4.29 in 2024, then tumbled by 31.66% to -$5.64 in 2025, then decreased by 20.17% to -$6.78 in 2026.
- Business Quant data shows PM's Debt to Equity at -$6.78 in Q1 2026, -$5.64 in Q4 2025, and -$5.37 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | -7.78 |
| 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 | 0.76 |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 0.42 |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -0.07 |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 0.24 |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | - |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 0.10 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 0.10 |
| 10 | Philip Morris International | - | - | 6.91 Bn | -6.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.78 |
| Dec 31, 2025 | -5.64 |
| Sep 30, 2025 | -5.37 |
| Jun 30, 2025 | -4.49 |
| Mar 31, 2025 | -5.06 |
| Dec 31, 2024 | -4.29 |
| Sep 30, 2024 | -6.36 |
| Jun 30, 2024 | -5.64 |
| Mar 31, 2024 | -5.25 |
| Dec 31, 2023 | -4.57 |
| Sep 30, 2023 | -5.85 |
| Jun 30, 2023 | -5.50 |
| Mar 31, 2023 | -6.00 |
| Dec 31, 2022 | -6.42 |
| Sep 30, 2022 | -3.32 |
| Jun 30, 2022 | -3.65 |
| Mar 31, 2022 | -3.28 |
| Dec 31, 2021 | -3.36 |
| Sep 30, 2021 | -3.01 |
| Jun 30, 2021 | -3.15 |