Philip Morris International (PM) Goodwill & Intangibles (2009 - 2026)
Philip Morris International's Goodwill & Intangibles came in at $27.1 billion for Q2 2026, down 5.3% from $28.61 billion a year earlier and down 1.8% from the prior quarter.
Philip Morris International (PM) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Philip Morris International's Goodwill & Intangibles was $28.15 billion, up 0.8% from FY2024.
- Goodwill & Intangibles has increased in each of the last six years, with a five-year compound annual growth rate of 28.7% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $27.93 billion in FY2024 (+4.8%), $26.64 billion in FY2023 (+1.0%), $26.39 billion in FY2022 (+177.8%) and $9.5 billion in FY2021 (+19.0%).
- The Q2 2026 figure represents the lowest quarterly Goodwill & Intangibles since Q1 2024.
- Year-over-year, Goodwill & Intangibles increased in four of the last eight quarters, with growth averaging 1.8%.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q3 2023 (growth of 212.4%), and the weakest in Q3 2022 (a decline of 14.0%).
- Business Quant data shows PM's Goodwill & Intangibles at $27.58 billion (Q1 2026), $28.15 billion (Q4 2025) and $28.33 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn |
| 10 | Verano Holdings | 783.43 Mn | 457.05 Mn | 99.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.10 Bn |
| Mar 31, 2026 | 27.58 Bn |
| Dec 31, 2025 | 28.15 Bn |
| Sep 30, 2025 | 28.33 Bn |
| Jun 30, 2025 | 28.61 Bn |
| Mar 31, 2025 | 28.21 Bn |
| Dec 31, 2024 | 27.93 Bn |
| Sep 30, 2024 | 29.06 Bn |
| Jun 30, 2024 | 28.99 Bn |
| Mar 31, 2024 | 25.91 Bn |
| Dec 31, 2023 | 26.64 Bn |
| Sep 30, 2023 | 26.09 Bn |
| Jun 30, 2023 | 25.87 Bn |
| Mar 31, 2023 | 26.60 Bn |
| Dec 31, 2022 | 26.39 Bn |
| Sep 30, 2022 | 8.35 Bn |
| Jun 30, 2022 | 8.97 Bn |
| Mar 31, 2022 | 9.42 Bn |
| Dec 31, 2021 | 9.50 Bn |
| Sep 30, 2021 | 9.71 Bn |
Philip Morris International Goodwill & Intangibles 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-and-intangibles&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();