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
DateValue
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