Philip Morris International (PM) Payables (2009 - 2026)
Philip Morris International's Payables came in at $9.57 billion for Q2 2026, up 12.2% from $8.53 billion a year earlier but down 19.8% from the prior quarter.
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Analysis
Philip Morris International (PM) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Philip Morris International's Payables was $6.89 billion, up 10.9% from FY2024.
- Payables carries a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- Going back by year, Payables was $6.21 billion in FY2024 (-23.8%), $8.15 billion in FY2023 (-30.3%), $11.7 billion in FY2022 (+112.2%) and $5.51 billion in FY2021 (+12.4%).
- The five-year range for quarterly Payables is $5 billion (Q3 2021) to $11.93 billion (Q1 2026).
- Year-over-year, Payables has increased for six consecutive quarters, with growth averaging 19.0% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q4 2022 (growth of 112.2%), and the weakest in Q1 2024 (a decline of 44.5%).
- Business Quant data shows PM's Payables at $11.93 billion (Q1 2026), $6.89 billion (Q4 2025) and $8.17 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 311.51 Bn | 291.15 Bn | 7.66 Bn | 9.57 Bn |
| 2 | British American Tobacco p.l.c | 129.24 Bn | 105.61 Bn | - | 16.69 Bn |
| 3 | Altria | 124.94 Bn | 111.10 Bn | 3.82 Bn | 2.46 Bn |
| 4 | Trulieve Cannabis | 2.09 Bn | 705.03 Mn | 162.29 Mn | 65.68 Mn |
| 5 | RLX Technology | 2.07 Bn | -1.69 Bn | 52.74 Mn | 58.09 Mn |
| 6 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn | 101.08 Mn |
| 7 | Green Thumb Industries | 1.38 Bn | 228.69 Mn | 137.87 Mn | 40.84 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 383.66 Mn | 93.70 Mn | 35.29 Mn |
| 9 | Cronos | 1.23 Bn | -2.04 Bn | 28.45 Mn | 17.42 Mn |
| 10 | Tilray Brands | 406.02 Mn | -561.48 Mn | 77.51 Mn | 344.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.57 Bn |
| Mar 31, 2026 | 11.93 Bn |
| Dec 31, 2025 | 6.89 Bn |
| Sep 30, 2025 | 8.17 Bn |
| Jun 30, 2025 | 8.53 Bn |
| Mar 31, 2025 | 10.31 Bn |
| Dec 31, 2024 | 6.21 Bn |
| Sep 30, 2024 | 5.78 Bn |
| Jun 30, 2024 | 5.77 Bn |
| Mar 31, 2024 | 5.97 Bn |
| Dec 31, 2023 | 8.15 Bn |
| Sep 30, 2023 | 7.72 Bn |
| Jun 30, 2023 | 9.90 Bn |
| Mar 31, 2023 | 10.74 Bn |
| Dec 31, 2022 | 11.70 Bn |
| Sep 30, 2022 | 8.15 Bn |
| Jun 30, 2022 | 6.80 Bn |
| Mar 31, 2022 | 7.60 Bn |
| Dec 31, 2021 | 5.51 Bn |
| Sep 30, 2021 | 5.00 Bn |
API Access
Philip Morris International Payables 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=payables&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();