Philip Morris International (PM) Long-Term Investments (2012 - 2026)
Philip Morris International's Long-Term Investments was $1.98 billion in Q3 2026, down 37.0% from $3.13 billion a year earlier and down 7.3% from the prior quarter.
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Analysis
Philip Morris International (PM) Long-Term Investments (2012 - 2026) Analysis & Trends
At the end of FY2025, Long-Term Investments at Philip Morris International came in at $2.89 billion, up 8.9% from FY2024.
- Long-Term Investments shows a five-year compound annual growth rate of -9.6% (FY2020 to FY2025).
- In earlier years, Long-Term Investments was $2.65 billion in FY2024 (-46.2%), $4.93 billion in FY2023 (+11.2%), $4.43 billion in FY2022 (-0.7%) and $4.46 billion in FY2021 (-7.0%).
- The Q3 2026 figure marks the lowest quarterly Long-Term Investments since Q4 2018.
- Compared with a year earlier, Long-Term Investments has declined for three straight quarters, with an average decline of 30.5% over the last eight quarters.
- The best year-over-year quarter for Long-Term Investments over five years was Q3 2024 (growth of 20.0%); the worst was Q4 2024 (a decline of 46.2%).
- Per Business Quant data, PM's Long-Term Investments in the three quarters before Q3 2026 was $2.13 billion (Q2 2026), $2.48 billion (Q1 2026) and $2.89 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | 1.98 Bn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | 2.11 Bn |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 9.33 Bn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | 1.23 Mn |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | - |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | 146.10 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | - |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 34.25 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | 5.42 Mn |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn | 22.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.98 Bn |
| Jun 30, 2026 | 2.13 Bn |
| Mar 31, 2026 | 2.48 Bn |
| Dec 31, 2025 | 2.89 Bn |
| Sep 30, 2025 | 3.13 Bn |
| Jun 30, 2025 | 3.35 Bn |
| Mar 31, 2025 | 2.97 Bn |
| Dec 31, 2024 | 2.65 Bn |
| Sep 30, 2024 | 5.63 Bn |
| Jun 30, 2024 | 4.96 Bn |
| Mar 31, 2024 | 4.92 Bn |
| Dec 31, 2023 | 4.93 Bn |
| Sep 30, 2023 | 4.69 Bn |
| Jun 30, 2023 | 4.75 Bn |
| Mar 31, 2023 | 4.50 Bn |
| Dec 31, 2022 | 4.43 Bn |
| Sep 30, 2022 | 4.09 Bn |
| Jun 30, 2022 | 4.33 Bn |
| Mar 31, 2022 | 4.31 Bn |
| Dec 31, 2021 | 4.46 Bn |
API Access
Philip Morris International Long-Term Investments 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=long-term-investments&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();