Philip Morris International (PM) Other Working Capital Changes (2009 - 2026)
Philip Morris International (PM) posted Other Working Capital Changes of $63 million for Q2 2026, down 48.8% from $123 million a year earlier.
Philip Morris International (PM) Other Working Capital Changes (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Working Capital Changes at Philip Morris International was -$1.16 billion; for FY2025, it came in at -$842 million.
- In prior years, Philip Morris International's Other Working Capital Changes was $188 million in FY2024, -$479 million in FY2023, -$249 million in FY2022 and -$200 million in FY2021.
- Quarterly Other Working Capital Changes has run from a low of -$482 million in Q1 2026 to a high of $381 million in Q3 2024 over five years.
- According to Business Quant data, Other Working Capital Changes for the three prior quarters was -$482 million (Q1 2026), -$296 million (Q4 2025) and -$440 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.00 Mn |
| Mar 31, 2026 | -482.00 Mn |
| Dec 31, 2025 | -296.00 Mn |
| Sep 30, 2025 | -440.00 Mn |
| Jun 30, 2025 | 123.00 Mn |
| Mar 31, 2025 | -229.00 Mn |
| Dec 31, 2024 | -327.00 Mn |
| Sep 30, 2024 | 381.00 Mn |
| Jun 30, 2024 | -35.00 Mn |
| Mar 31, 2024 | 169.00 Mn |
| Dec 31, 2023 | -20.00 Mn |
| Sep 30, 2023 | 54.00 Mn |
| Jun 30, 2023 | -354.00 Mn |
| Mar 31, 2023 | -159.00 Mn |
| Dec 31, 2022 | 128.00 Mn |
| Sep 30, 2022 | -135.00 Mn |
| Jun 30, 2022 | -80.00 Mn |
| Mar 31, 2022 | -162.00 Mn |
| Dec 31, 2021 | 44.00 Mn |
| Sep 30, 2021 | -60.00 Mn |
Philip Morris International Other Working Capital Changes 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=other-working-capital-changes&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();