Philip Morris International (PM) Intangibles (2009 - 2026)
Philip Morris International (PM) recorded Intangibles of $10.18 billion in Q2 2026, down 10.6% from $11.38 billion a year earlier and down 3.2% 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 Q2 2026 figure is the lowest quarterly Intangibles since Q1 2024.
- On a year-over-year basis, Intangibles has declined for five consecutive quarters, with growth averaging 3.1% 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 $10.51 billion (Q1 2026), $10.88 billion (Q4 2025) and $11.15 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 10.18 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 116.84 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 11.85 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 956.07 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 27.04 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 300.44 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 435.59 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 8.05 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 63.42 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 550.12 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 2.89 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();