Philip Morris International (PM) Interest Expenses (2009 - 2026)
Philip Morris International (PM) reported Interest Expenses of $1.0 billion for Q1 2026, up 1.21% on a YoY basis from $994.0 million in Q1 2025, and down 41.14% sequentially from $1.7 billion in Q4 2025.
Philip Morris International (PM) Interest Expenses (2009 - 2026) Analysis & Trends
Philip Morris International (PM) has 18 years of Interest Expenses data on file, last reported at $1.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 1.21% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (up 1.21% YoY), and the FY2025 full-year result was $1.7 billion, down 3.06% from the prior year.
- Interest Expenses fell to $1.0 billion in Q1 2026, from $1.7 billion in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $1.7 billion in Q4 2025 to a low of $127.0 million in Q3 2022.
- A 5-year average of $777.3 million and a median of $993.0 million in 2024 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses fell 11.19% in 2022 and jumped 262.2% in 2023, its largest moves.
- Tracing PM's Interest Expenses over 5 years: stood at $687.0 million in 2022, then surged by 87.34% to $1.3 billion in 2023, then climbed by 17.25% to $1.5 billion in 2024, then advanced by 13.25% to $1.7 billion in 2025, then sank by 41.14% to $1.0 billion in 2026.
- Business Quant data shows PM's Interest Expenses at $1.0 billion in Q1 2026, $1.7 billion in Q4 2025, and $996.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 1.01 Bn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | 2.21 Bn |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | - |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | - |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 7.16 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 18.57 Mn |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 4.03 Mn |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 25.60 Mn |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 37,307.00 |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | -34,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.01 Bn |
| Mar 31, 2026 | 1.01 Bn |
| Dec 31, 2025 | 1.71 Bn |
| Dec 31, 2025 | 1.71 Bn |
| Sep 30, 2025 | 996.00 Mn |
| Sep 30, 2025 | 996.00 Mn |
| Jun 30, 2025 | 997.00 Mn |
| Jun 30, 2025 | 997.00 Mn |
| Mar 31, 2025 | 994.00 Mn |
| Mar 31, 2025 | 994.00 Mn |
| Dec 31, 2024 | 1.51 Bn |
| Dec 31, 2024 | 1.51 Bn |
| Sep 30, 2024 | 993.00 Mn |
| Sep 30, 2024 | 993.00 Mn |
| Jun 30, 2024 | 1.03 Bn |
| Jun 30, 2024 | 1.03 Bn |
| Mar 31, 2024 | 479.00 Mn |
| Mar 31, 2024 | 479.00 Mn |
| Dec 31, 2023 | 1.29 Bn |
| Dec 31, 2023 | 1.29 Bn |