Philip Morris International (PM) Return on Capital Employed (2009 - 2026)
Philip Morris International (PM) posted Return on Capital Employed of 35.59% for Q1 2026, up 2.03% sequentially from 34.88% in Q4 2025, and down 374.0% YoY from 12.99% in Q1 2025.
Philip Morris International (PM) Return on Capital Employed (2009 - 2026) Analysis & Trends
Philip Morris International (PM) has 18 years of Return on Capital Employed data on file, last reported at 35.59% in Q1 2026.
- Quarterly Return on Capital Employed fell 374.0% year-over-year to 35.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 35.59% (down 374.0% YoY) and the FY2025 annual result came in at 37.18%, up 419.0% from the prior year.
- Return on Capital Employed improved to 35.59% in Q1 2026 per PM's latest filing, from 34.88% in the prior quarter.
- The five-year high for Return on Capital Employed was 61.33% in Q2 2022, with the low at 27.51% in Q1 2024.
- Average Return on Capital Employed over 5 years is 38.51%, with a median of 34.88% recorded in 2025.
- Year-over-year, Return on Capital Employed soared 1534 bps in 2022 and plunged 3277 bps in 2023.
- Philip Morris International's Return on Capital Employed stood at 51.32% in 2022, then slumped by 40 bps to 30.63% in 2023, then rose by 6 bps to 32.35% in 2024, then gained by 8 bps to 34.88% in 2025, then grew by 2 bps to 35.59% in 2026.
- Business Quant data shows PM's Return on Capital Employed at 35.59% in Q1 2026, 34.88% in Q4 2025, and 35.99% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 41.93% |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 3.02% |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 12.15% |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 7.24% |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -133.15% |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | -122.16% |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | -95.07% |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | -432.91% |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | -26.98% |
| 10 | Philip Morris International | - | - | 6.91 Bn | 35.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.59% |
| Dec 31, 2025 | 34.88% |
| Sep 30, 2025 | 35.99% |
| Jun 30, 2025 | 36.66% |
| Mar 31, 2025 | 39.33% |
| Dec 31, 2024 | 32.35% |
| Sep 30, 2024 | 30.33% |
| Jun 30, 2024 | 29.56% |
| Mar 31, 2024 | 27.51% |
| Dec 31, 2023 | 30.63% |
| Sep 30, 2023 | 28.37% |
| Jun 30, 2023 | 28.90% |
| Mar 31, 2023 | 30.03% |
| Dec 31, 2022 | 51.32% |
| Sep 30, 2022 | 61.14% |
| Jun 30, 2022 | 61.33% |
| Mar 31, 2022 | 60.82% |
| Dec 31, 2021 | 58.49% |
| Sep 30, 2021 | 55.60% |
| Jun 30, 2021 | 52.22% |