Philip Morris International (PM) Treasury Shares (2009 - 2026)
Philip Morris International's Treasury Shares came in at $35.46 billion for Q2 2026, down 0.3% from $35.55 billion a year earlier and unchanged from the prior quarter.
Philip Morris International (PM) Treasury Shares (2009 - 2026) Analysis & Trends
At the end of FY2025, Philip Morris International's Treasury Shares was $35.55 billion, down 0.2% from FY2024.
- Treasury Shares has declined in each of the last three years, though with a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Going back by year, Treasury Shares was $35.64 billion in FY2024 (-0.4%), $35.79 billion in FY2023 (-0.4%), $35.92 billion in FY2022 (+0.2%) and $35.84 billion in FY2021 (+2.0%).
- The Q2 2026 figure represents the lowest quarterly Treasury Shares since Q3 2021.
- Year-over-year, Treasury Shares has declined for 14 consecutive quarters, with an average decline of 0.3% over the last eight quarters.
- The fastest year-over-year change in Treasury Shares over five years came in Q2 2022 (growth of 2.5%), and the weakest in Q3 2024 (a decline of 0.4%).
- Business Quant data shows PM's Treasury Shares at $35.46 billion (Q1 2026), $35.55 billion (Q4 2025) and $35.55 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Treasury Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 550.71 Mn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 1.14 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | - |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 784,259.00 |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 320,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 550.71 Mn |
| Mar 31, 2026 | 550.79 Mn |
| Dec 31, 2025 | 552.66 Mn |
| Sep 30, 2025 | 552.69 Mn |
| Jun 30, 2025 | 552.74 Mn |
| Mar 31, 2025 | 552.83 Mn |
| Sep 30, 2024 | 554.49 Mn |
| Jun 30, 2024 | 554.56 Mn |
| Mar 31, 2024 | 554.76 Mn |
| Dec 31, 2023 | 556.89 Mn |
| Sep 30, 2023 | 556.94 Mn |
| Jun 30, 2023 | 557.00 Mn |
| Mar 31, 2023 | 557.16 Mn |
| Dec 31, 2022 | 559.10 Mn |
| Sep 30, 2022 | 559.12 Mn |
| Jun 30, 2022 | 559.17 Mn |
| Mar 31, 2022 | 559.23 Mn |
| Dec 31, 2021 | 559.15 Mn |
| Sep 30, 2021 | 551.61 Mn |
| Jun 30, 2021 | 550.74 Mn |
Philip Morris International Treasury Shares 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=treasury-shares&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "treasury-shares", "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=treasury-shares&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();