Philip Morris International (PM) Other Working Capital Changes (2009 - 2026)

Philip Morris International's (PM) quarterly Other Working Capital Changes came in at -$482.0 million in Q1 2026, down 110.48% year-on-year from $4.6 billion in Q1 2025, and down 62.84% quarter-over-quarter from -$296.0 million in Q4 2025.

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 -$482.0 million for Q1 2026.

  • Other Working Capital Changes for Q1 2026 came in at -$482.0 million, down 110.48% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.1 billion (down 421.43% YoY), and the FY2025 annual result was -$842.0 million, down 547.87% from the prior year.
  • Other Working Capital Changes came in at -$482.0 million for Q1 2026 at Philip Morris International, down from -$296.0 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.
  • The 5-year median for Other Working Capital Changes is -$135.0 million (2022), against an average of -$109.6 million.
  • Peak annual rise in Other Working Capital Changes reached 605.56% in 2024, while the deepest fall reached 1535.0% in 2024.
  • Philip Morris International's Other Working Capital Changes stood at $128.0 million in 2022, then slumped by 115.62% to -$20.0 million in 2023, then sank by 1535.0% to -$327.0 million in 2024, then grew by 9.48% to -$296.0 million in 2025, then tumbled by 62.84% to -$482.0 million in 2026.
  • The last three Other Working Capital Changes figures came in at -$482.0 million (Q1 2026), -$296.0 million (Q4 2025), and -$440.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00

Historic Data

Download Data
DateValue
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
Dec 31, 2023 -20.00 Mn
Dec 31, 2023 -20.00 Mn