Philip Morris International (PM) Goodwill (2009 - 2026)
Philip Morris International (PM) reported Goodwill of $16.79 billion for Q3 2026, down 2.3% from $17.18 billion a year earlier and down 0.8% from the prior quarter.
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 Q3 2026 figure ranks as the lowest quarterly Goodwill since Q4 2024.
- Year over year, Goodwill gained in five of the last eight quarters, with growth averaging 0.6%.
- 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 Q3 2026 came in at $16.92 billion (Q2 2026), $17.07 billion (Q1 2026) and $17.26 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.04 Bn | 279.04 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 131.52 Bn | 107.88 Bn | - |
| 3 | Altria | 126.46 Bn | 113.39 Bn | 3.94 Bn |
| 4 | Curaleaf Holdings | 2.38 Bn | 2.00 Bn | 170.48 Mn |
| 5 | Trulieve Cannabis | 2.12 Bn | 734.90 Mn | 162.29 Mn |
| 6 | RLX Technology | 1.95 Bn | -1.82 Bn | 52.74 Mn |
| 7 | Green Thumb Industries | 1.43 Bn | 198.72 Mn | 146.79 Mn |
| 8 | Cronos | 1.33 Bn | -1.95 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.25 Bn | 361.97 Mn | 93.70 Mn |
| 10 | Tilray Brands | 380.69 Mn | -586.82 Mn | 77.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.79 Bn |
| 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 |
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_KEY
import 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();