Philip Morris International (PM) Other Working Capital Changes (2009 - 2026)
Philip Morris International's (PM) quarterly Other Working Capital Changes came in at $63.0 million in Q2 2026, down 48.78% year-over-year from $123.0 million in Q2 2025, and up 113.07% quarter-over-quarter from -$482.0 million in Q1 2026.
Analysis
Philip Morris International (PM) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Philip Morris International has disclosed Other Working Capital Changes across 18 years of filings, most recently posting $63.0 million for Q2 2026.
- In Q2 2026, Other Working Capital Changes fell 48.78% year-over-year to $63.0 million; the TTM figure through Jun 2026 stood at -$1.2 billion (down 2121.15% YoY), while the FY2025 annual figure was -$842.0 million, down 547.87% from the prior year.
- Other Working Capital Changes came in at $63.0 million for Q2 2026 at Philip Morris International, up from -$482.0 million in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $381.0 million in Q3 2024 to a low of -$482.0 million in Q1 2026.
- Average Other Working Capital Changes over 5 years is -$100.1 million, with a median of -$107.5 million recorded in 2022.
- The largest YoY upside for Other Working Capital Changes was 605.56% in 2024 against a maximum downside of 1535.0% in 2024.
- Over 5 years, Other Working Capital Changes stood at $128.0 million in 2022, then plunged by 115.62% to -$20.0 million in 2023, then tumbled by 1535.0% to -$327.0 million in 2024, then grew by 9.48% to -$296.0 million in 2025, then surged by 121.28% to $63.0 million in 2026.
- Per Business Quant data, the three most recent Other Working Capital Changes figures were $63.0 million in Q2 2026, -$482.0 million in Q1 2026, and -$296.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 284.46 Bn | 280.39 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - |
| 3 | Altria | 115.00 Bn | 112.68 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.79 Bn | 2.09 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.51 Bn | 1.26 Bn | 93.70 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 |
| 7 | 22nd Century | 512,640.46 | -5.55 Mn | -293,000.00 |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.00 Mn |
| Jun 30, 2026 | 63.00 Mn |
| Mar 31, 2026 | -482.00 Mn |
| Mar 31, 2026 | -482.00 Mn |
| Dec 31, 2025 | -296.00 Mn |
| Dec 31, 2025 | -296.00 Mn |
| Sep 30, 2025 | -440.00 Mn |
| Sep 30, 2025 | -440.00 Mn |
| Jun 30, 2025 | 123.00 Mn |
| Jun 30, 2025 | 123.00 Mn |
| Mar 31, 2025 | -229.00 Mn |
| Mar 31, 2025 | -229.00 Mn |
| Dec 31, 2024 | -327.00 Mn |
| Dec 31, 2024 | -327.00 Mn |
| Sep 30, 2024 | 381.00 Mn |
| Sep 30, 2024 | 381.00 Mn |
| Jun 30, 2024 | -35.00 Mn |
| Jun 30, 2024 | -35.00 Mn |
| Mar 31, 2024 | 169.00 Mn |
| Mar 31, 2024 | 169.00 Mn |