Philip Morris International (PM) Invested Capital (2009 - 2026)
Philip Morris International's (PM) quarterly Invested Capital came in at -$1.6 billion in Q1 2026, up 37.37% year-on-year from -$1.2 billion in Q1 2025, and up 79.55% quarter-over-quarter from -$7.9 billion in Q4 2025.
Philip Morris International (PM) Invested Capital (2009 - 2026) Analysis & Trends
Philip Morris International has disclosed Invested Capital across 18 years of filings, most recently posting -$1.6 billion for Q1 2026.
- Invested Capital for Q1 2026 came in at -$1.6 billion, up 37.37% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.6 billion (up 37.37% YoY), and the FY2025 annual result was -$7.9 billion, up 19.24% from the prior year.
- Invested Capital came in at -$1.6 billion for Q1 2026 at Philip Morris International, up from -$7.9 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of -$674.0 million in Q4 2022 to a low of -$9.7 billion in Q4 2024.
- The 5-year median for Invested Capital is -$5.3 billion (2022), against an average of -$5.2 billion.
- Across the five-year window, Invested Capital surged 91.26% in 2022 and plunged 1009.5% in 2023, its largest moves.
- Philip Morris International's Invested Capital stood at -$674.0 million in 2022, then slumped by 1009.5% to -$7.5 billion in 2023, then plunged by 30.16% to -$9.7 billion in 2024, then increased by 19.24% to -$7.9 billion in 2025, then jumped by 79.55% to -$1.6 billion in 2026.
- The last three Invested Capital figures came in at -$1.6 billion (Q1 2026), -$7.9 billion (Q4 2025), and -$2.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | -1.61 Bn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 21.44 Bn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | 107.88 Bn |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 385.49 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 1.46 Bn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | 2.33 Bn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | -15.11 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 45.20 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | 50.08 Mn |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | 21.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.61 Bn |
| Dec 31, 2025 | -7.86 Bn |
| Sep 30, 2025 | -2.65 Bn |
| Jun 30, 2025 | -7.47 Bn |
| Mar 31, 2025 | -2.57 Bn |
| Dec 31, 2024 | -9.73 Bn |
| Sep 30, 2024 | -2.88 Bn |
| Jun 30, 2024 | -7.80 Bn |
| Mar 31, 2024 | -8.28 Bn |
| Dec 31, 2023 | -7.48 Bn |
| Sep 30, 2023 | -5.56 Bn |
| Jun 30, 2023 | -5.59 Bn |
| Mar 31, 2023 | -5.15 Bn |
| Dec 31, 2022 | -674.00 Mn |
| Sep 30, 2022 | -4.59 Bn |
| Jun 30, 2022 | -3.11 Bn |
| Mar 31, 2022 | -5.31 Bn |
| Dec 31, 2021 | -7.71 Bn |
| Sep 30, 2021 | -8.41 Bn |
| Jun 30, 2021 | -7.59 Bn |