Philip Morris International (PM) Retained Earnings (2009 - 2026)
Philip Morris International (PM) posted Retained Earnings of $36.87 billion for Q3 2026, up 3.7% from $35.56 billion a year earlier and up 2.2% from the prior quarter.
Powered by 
Analysis
Philip Morris International (PM) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Philip Morris International's Retained Earnings came in at $35.4 billion, up 7.7% from FY2024.
- Annual Retained Earnings shows a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- In prior years, Philip Morris International's Retained Earnings was $32.87 billion in FY2024 (-3.6%), $34.09 billion in FY2023 (-0.6%), $34.29 billion in FY2022 (+3.6%) and $33.08 billion in FY2021 (+4.6%).
- The Q3 2026 figure stands as the highest quarterly Retained Earnings in data going back to Q2 2009.
- On a year-over-year basis, Retained Earnings has increased in each of the last four quarters, with growth averaging 2.0% over the last eight quarters.
- The strongest year-over-year quarter for Retained Earnings in the past five years was Q4 2025, with growth of 7.7%; the weakest was Q4 2024, with a decline of 3.6%.
- According to Business Quant data, Retained Earnings for the three prior quarters was $36.06 billion (Q2 2026), $35.54 billion (Q1 2026) and $35.4 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 303.52 Bn | 280.52 Bn | 7.85 Bn | 36.87 Bn |
| 2 | British American Tobacco p.l.c | 132.82 Bn | 111.64 Bn | - | 30.23 Bn |
| 3 | Altria | 126.54 Bn | 113.47 Bn | 3.94 Bn | 37.05 Bn |
| 4 | Curaleaf Holdings | 2.37 Bn | 2.00 Bn | 170.48 Mn | -1.54 Bn |
| 5 | Trulieve Cannabis | 2.11 Bn | 729.12 Mn | 162.29 Mn | -1.32 Bn |
| 6 | RLX Technology | 1.96 Bn | -1.30 Bn | - | 588.87 Mn |
| 7 | Green Thumb Industries | 1.45 Bn | 214.02 Mn | 146.79 Mn | 180.87 Mn |
| 8 | Cronos | 1.30 Bn | -1.97 Bn | 28.45 Mn | 492.32 Mn |
| 9 | Turning Point Brands | 1.27 Bn | 375.50 Mn | 93.70 Mn | 211.70 Mn |
| 10 | Tilray Brands | 363.35 Mn | -604.15 Mn | 77.51 Mn | -5.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.87 Bn |
| Jun 30, 2026 | 36.06 Bn |
| Mar 31, 2026 | 35.54 Bn |
| Dec 31, 2025 | 35.40 Bn |
| Sep 30, 2025 | 35.56 Bn |
| Jun 30, 2025 | 34.38 Bn |
| Mar 31, 2025 | 33.45 Bn |
| Dec 31, 2024 | 32.87 Bn |
| Sep 30, 2024 | 35.56 Bn |
| Jun 30, 2024 | 34.58 Bn |
| Mar 31, 2024 | 34.21 Bn |
| Dec 31, 2023 | 34.09 Bn |
| Sep 30, 2023 | 33.92 Bn |
| Jun 30, 2023 | 33.89 Bn |
| Mar 31, 2023 | 34.30 Bn |
| Dec 31, 2022 | 34.29 Bn |
| Sep 30, 2022 | 33.87 Bn |
| Jun 30, 2022 | 33.76 Bn |
| Mar 31, 2022 | 33.47 Bn |
| Dec 31, 2021 | 33.08 Bn |
API Access
Philip Morris International Retained Earnings 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=retained-earnings&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();