Philip Morris International (PM) Goodwill (2009 - 2026)
Philip Morris International (PM) reported Goodwill of $16.92 billion for Q2 2026, down 1.8% from $17.23 billion a year earlier and down 0.9% from the prior quarter.
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Analysis
Philip Morris International (PM) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Philip Morris International posted Goodwill of $17.26 billion, up 4.0% from FY2024.
- Goodwill has a five-year compound annual growth rate of 23.7% (FY2020 to FY2025).
- By year, Goodwill came in at $16.6 billion in FY2024 (-1.1%), $16.78 billion in FY2023 (-14.6%), $19.66 billion in FY2022 (+194.2%) and $6.68 billion in FY2021 (+12.0%).
- The Q2 2026 figure ranks as the lowest quarterly Goodwill since Q1 2025.
- Year over year, Goodwill gained in six of the last eight quarters, with growth averaging 1.4%.
- The high point for year-over-year Goodwill in five years was Q2 2023 (growth of 204.5%); the low point was Q1 2024 (a decline of 17.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $17.07 billion (Q1 2026), $17.26 billion (Q4 2025) and $17.18 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 311.51 Bn | 291.15 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.24 Bn | 105.61 Bn | - |
| 3 | Altria | 124.94 Bn | 111.10 Bn | 3.82 Bn |
| 4 | Trulieve Cannabis | 2.09 Bn | 705.03 Mn | 162.29 Mn |
| 5 | RLX Technology | 2.07 Bn | -1.69 Bn | 52.74 Mn |
| 6 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn |
| 7 | Green Thumb Industries | 1.38 Bn | 228.69 Mn | 137.87 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 383.66 Mn | 93.70 Mn |
| 9 | Cronos | 1.23 Bn | -2.04 Bn | 28.45 Mn |
| 10 | Tilray Brands | 406.02 Mn | -561.48 Mn | 77.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.92 Bn |
| Mar 31, 2026 | 17.07 Bn |
| Dec 31, 2025 | 17.26 Bn |
| Sep 30, 2025 | 17.18 Bn |
| Jun 30, 2025 | 17.23 Bn |
| Mar 31, 2025 | 16.86 Bn |
| Dec 31, 2024 | 16.60 Bn |
| Sep 30, 2024 | 17.14 Bn |
| Jun 30, 2024 | 16.82 Bn |
| Mar 31, 2024 | 16.46 Bn |
| Dec 31, 2023 | 16.78 Bn |
| Sep 30, 2023 | 16.51 Bn |
| Jun 30, 2023 | 19.24 Bn |
| Mar 31, 2023 | 19.87 Bn |
| Dec 31, 2022 | 19.66 Bn |
| Sep 30, 2022 | 6.13 Bn |
| Jun 30, 2022 | 6.32 Bn |
| Mar 31, 2022 | 6.63 Bn |
| Dec 31, 2021 | 6.68 Bn |
| Sep 30, 2021 | 6.81 Bn |
API Access
Philip Morris International Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "PM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();