Philip Morris International (PM) Return on Assets [ROA] (2009 - 2026)
Philip Morris International (PM) reported Return on Assets [ROA] of 16.80% for Q3 2026, up 3.36 percentage points from 13.44% a year earlier and up 0.13 percentage points from the prior quarter.
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Analysis
Philip Morris International (PM) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Philip Morris International posted Return on Assets [ROA] of 18.09%, up 6.29 percentage points from FY2024.
- Return on Assets [ROA] has a five-year change of -1.50 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 11.81% in FY2024 (-1.21 pp), 13.02% in FY2023 (-5.48 pp), 18.50% in FY2022 (-4.05 pp) and 22.55% in FY2021 (+2.96 pp).
- Five-year quarterly Return on Assets [ROA] spans a low of 11.66% in Q4 2024 and a high of 23.43% in Q4 2021.
- Year over year, Return on Assets [ROA] has now increased in each of the last four quarters, with an average year-over-year change of +1.53 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was Q4 2025 (a gain of 5.73 percentage points); the low point was Q2 2023 (a drop of 9.57 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 16.66% (Q2 2026), 16.79% (Q1 2026) and 17.39% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | 16.80% |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | 23.91% |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | 5.78% |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | -0.29% |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | -12.84% |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | -21.29% |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 3.35% |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 5.78% |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn | 5.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.80% |
| Jun 30, 2026 | 16.66% |
| Mar 31, 2026 | 16.79% |
| Dec 31, 2025 | 17.39% |
| Sep 30, 2025 | 13.44% |
| Jun 30, 2025 | 13.05% |
| Mar 31, 2025 | 12.76% |
| Dec 31, 2024 | 11.66% |
| Sep 30, 2024 | 15.53% |
| Jun 30, 2024 | 14.12% |
| Mar 31, 2024 | 12.88% |
| Dec 31, 2023 | 12.90% |
| Sep 30, 2023 | 13.54% |
| Jun 30, 2023 | 13.72% |
| Mar 31, 2023 | 14.81% |
| Dec 31, 2022 | 18.61% |
| Sep 30, 2022 | 22.68% |
| Jun 30, 2022 | 23.29% |
| Mar 31, 2022 | 23.08% |
| Dec 31, 2021 | 23.43% |
API Access
Philip Morris International Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();