Philip Morris International (PM) Work In Process (2009 - 2026)
Philip Morris International's (PM) quarterly Work In Process came in at $2.6 billion in Q1 2026, up 18.42% year-on-year from $2.2 billion in Q1 2025, and up 5.77% quarter-over-quarter from $2.4 billion in Q4 2025.
Philip Morris International (PM) Work In Process (2009 - 2026) Analysis & Trends
Philip Morris International has disclosed Work In Process across 18 years of filings, most recently posting $2.6 billion for Q1 2026.
- Work In Process for Q1 2026 came in at $2.6 billion, up 18.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.6 billion (up 18.42% YoY), and the FY2025 annual result was $2.4 billion, up 16.59% from the prior year.
- Work In Process came in at $2.6 billion for Q1 2026 at Philip Morris International, up from $2.4 billion in the prior quarter.
- In the past five years, Work In Process ranged from a high of $2.6 billion in Q1 2026 to a low of $1.4 billion in Q3 2022.
- The 5-year median for Work In Process is $2.0 billion (2023), against an average of $2.0 billion.
- Across the five-year window, Work In Process decreased 15.59% in 2022 and surged 36.94% in 2023, its largest moves.
- Philip Morris International's Work In Process stood at $1.7 billion in 2022, then rose by 16.01% to $1.9 billion in 2023, then advanced by 7.11% to $2.1 billion in 2024, then increased by 16.59% to $2.4 billion in 2025, then increased by 5.77% to $2.6 billion in 2026.
- The last three Work In Process figures came in at $2.6 billion (Q1 2026), $2.4 billion (Q4 2025), and $2.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.57 Bn |
| Dec 31, 2025 | 2.43 Bn |
| Sep 30, 2025 | 2.30 Bn |
| Jun 30, 2025 | 2.20 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Dec 31, 2024 | 2.08 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Jun 30, 2024 | 1.92 Bn |
| Mar 31, 2024 | 1.96 Bn |
| Dec 31, 2023 | 1.94 Bn |
| Sep 30, 2023 | 1.97 Bn |
| Jun 30, 2023 | 2.01 Bn |
| Mar 31, 2023 | 1.85 Bn |
| Dec 31, 2022 | 1.67 Bn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 1.65 Bn |
| Mar 31, 2022 | 1.69 Bn |
| Dec 31, 2021 | 1.64 Bn |
| Sep 30, 2021 | 1.71 Bn |
| Jun 30, 2021 | 1.92 Bn |