Philip Morris International (PM) Intangibles (2009 - 2026)
Philip Morris International (PM) recorded Intangibles of $9.82 billion in Q3 2026, down 11.9% from $11.15 billion a year earlier and down 3.5% from the prior quarter.
Philip Morris International (PM) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Philip Morris International reported Intangibles of $10.88 billion, down 3.9% from FY2024.
- Annual Intangibles has a five-year compound annual growth rate of 40.1% (FY2020 to FY2025).
- Across earlier years, Intangibles came in at $11.33 billion in FY2024 (+14.8%), $9.86 billion in FY2023 (+46.5%), $6.73 billion in FY2022 (+138.9%) and $2.82 billion in FY2021 (+39.6%).
- The Q3 2026 figure is the lowest quarterly Intangibles since Q1 2024.
- On a year-over-year basis, Intangibles has declined for six consecutive quarters, with an average decline of 1.5% over the last eight quarters.
- Peak year-over-year performance for Intangibles in the last five years was growth of 330.7% in Q3 2023, against a decline of 23.1% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.18 billion (Q2 2026), $10.51 billion (Q1 2026) and $10.88 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 303.52 Bn | 280.52 Bn | 7.85 Bn | 9.82 Bn |
| 2 | British American Tobacco p.l.c | 132.82 Bn | 111.64 Bn | - | - |
| 3 | Altria | 126.54 Bn | 113.47 Bn | 3.94 Bn | 11.83 Bn |
| 4 | Curaleaf Holdings | 2.37 Bn | 2.00 Bn | 170.48 Mn | 940.76 Mn |
| 5 | Trulieve Cannabis | 2.11 Bn | 729.12 Mn | 162.29 Mn | 300.44 Mn |
| 6 | RLX Technology | 1.96 Bn | -1.30 Bn | - | 30.47 Mn |
| 7 | Green Thumb Industries | 1.45 Bn | 214.02 Mn | 146.79 Mn | 433.61 Mn |
| 8 | Cronos | 1.30 Bn | -1.97 Bn | 28.45 Mn | 8.05 Mn |
| 9 | Turning Point Brands | 1.27 Bn | 375.50 Mn | 93.70 Mn | 63.42 Mn |
| 10 | Tilray Brands | 363.35 Mn | -604.15 Mn | 77.51 Mn | 42.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.82 Bn |
| Jun 30, 2026 | 10.18 Bn |
| Mar 31, 2026 | 10.51 Bn |
| Dec 31, 2025 | 10.88 Bn |
| Sep 30, 2025 | 11.15 Bn |
| Jun 30, 2025 | 11.38 Bn |
| Mar 31, 2025 | 11.35 Bn |
| Dec 31, 2024 | 11.33 Bn |
| Sep 30, 2024 | 11.92 Bn |
| Jun 30, 2024 | 12.17 Bn |
| Mar 31, 2024 | 9.45 Bn |
| Dec 31, 2023 | 9.86 Bn |
| Sep 30, 2023 | 9.58 Bn |
| Jun 30, 2023 | 6.63 Bn |
| Mar 31, 2023 | 6.73 Bn |
| Dec 31, 2022 | 6.73 Bn |
| Sep 30, 2022 | 2.22 Bn |
| Jun 30, 2022 | 2.66 Bn |
| Mar 31, 2022 | 2.79 Bn |
| Dec 31, 2021 | 2.82 Bn |
Philip Morris International 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=intangibles&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=intangibles&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();