Philip Morris International (PM) Property, Plant & Equipment (Net) (2009 - 2026)
Philip Morris International's Property, Plant & Equipment (Net) was $8.31 billion in Q2 2026, up 3.4% from $8.04 billion a year earlier and up 0.7% from the prior quarter.
Philip Morris International (PM) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Property, Plant & Equipment (Net) at Philip Morris International came in at $8.4 billion, up 14.9% from FY2024.
- Property, Plant & Equipment (Net) shows a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- In earlier years, Property, Plant & Equipment (Net) was $7.31 billion in FY2024 (-2.7%), $7.52 billion in FY2023 (+12.0%), $6.71 billion in FY2022 (+8.8%) and $6.17 billion in FY2021 (-3.1%).
- Quarterly Property, Plant & Equipment (Net) has moved between $5.61 billion (Q3 2022) and $8.4 billion (Q4 2025) over five years.
- Compared with a year earlier, Property, Plant & Equipment (Net) has increased for six straight quarters, with growth averaging 7.2% over the last eight quarters.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q3 2023 (growth of 22.7%); the worst was Q3 2022 (a decline of 7.4%).
- Per Business Quant data, PM's Property, Plant & Equipment (Net) in the three quarters before Q2 2026 was $8.26 billion (Q1 2026), $8.4 billion (Q4 2025) and $8.12 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.95 Bn | 289.94 Bn | 7.85 Bn | 8.37 Bn |
| 2 | British American Tobacco p.l.c | 137.57 Bn | 114.22 Bn | - | 5.60 Bn |
| 3 | Altria | 124.10 Bn | 110.30 Bn | 3.82 Bn | 1.76 Bn |
| 4 | RLX Technology | 2.51 Bn | -1.24 Bn | 52.74 Mn | 38.16 Mn |
| 5 | Verano Holdings | 2.17 Bn | 1.84 Bn | 99.70 Mn | 485.14 Mn |
| 6 | Curaleaf Holdings | 2.09 Bn | 1.70 Bn | 169.91 Mn | 505.90 Mn |
| 7 | Trulieve Cannabis | 2.00 Bn | 614.45 Mn | 162.29 Mn | 583.99 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 415.13 Mn | 93.70 Mn | 39.70 Mn |
| 9 | Cronos | 1.24 Bn | -1.98 Bn | 28.45 Mn | 141.54 Mn |
| 10 | Green Thumb Industries | 1.24 Bn | 86.96 Mn | 137.87 Mn | 695.71 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.37 Bn |
| Jun 30, 2026 | 8.31 Bn |
| Mar 31, 2026 | 8.26 Bn |
| Dec 31, 2025 | 8.40 Bn |
| Sep 30, 2025 | 8.12 Bn |
| Jun 30, 2025 | 8.04 Bn |
| Mar 31, 2025 | 7.53 Bn |
| Dec 31, 2024 | 7.31 Bn |
| Sep 30, 2024 | 7.55 Bn |
| Jun 30, 2024 | 7.26 Bn |
| Mar 31, 2024 | 7.20 Bn |
| Dec 31, 2023 | 7.52 Bn |
| Sep 30, 2023 | 6.88 Bn |
| Jun 30, 2023 | 6.99 Bn |
| Mar 31, 2023 | 6.79 Bn |
| Dec 31, 2022 | 6.71 Bn |
| Sep 30, 2022 | 5.61 Bn |
| Jun 30, 2022 | 5.97 Bn |
| Mar 31, 2022 | 6.00 Bn |
| Dec 31, 2021 | 6.17 Bn |
Philip Morris International Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();