Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
191.46
+3.23 (1.72%)
At close: Aug 24, 2026, 4:00 PM EDT
191.20
-0.26 (-0.14%)
After-hours: Aug 24, 2026, 4:21 PM EDT
PM Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 5,999 | 4,872 | 4,216 | 3,060 | 3,207 | 4,496 |
Trading Asset Securities | 4 | - | - | 1 | - | - |
Cash & Short-Term Investments | 6,003 | 4,872 | 4,216 | 3,061 | 3,207 | 4,496 |
Cash Growth | 44.96% | 15.56% | 37.73% | -4.55% | -28.67% | -38.24% |
Accounts Receivable | 5,179 | 4,572 | 3,789 | 3,461 | 3,850 | 3,123 |
Other Receivables | 1,295 | 1,238 | 886 | 930 | 906 | 817 |
Receivables | 6,474 | 5,810 | 4,675 | 4,391 | 4,756 | 3,940 |
Inventory | 11,436 | 11,478 | 9,453 | 10,774 | 9,886 | 8,720 |
Restricted Cash | 25 | 20 | 38 | 86 | 10 | 4 |
Other Current Assets | 2,068 | 2,183 | 1,788 | 1,443 | 1,760 | 557 |
Total Current Assets | 26,006 | 24,363 | 20,170 | 19,755 | 19,619 | 17,717 |
Property, Plant & Equipment | 8,313 | 9,076 | 7,895 | 8,147 | 7,304 | 6,694 |
Long-Term Investments | 2,142 | 2,968 | 2,658 | 4,929 | 4,431 | 4,463 |
Goodwill | 16,917 | 17,264 | 16,600 | 16,779 | 19,655 | 6,680 |
Other Intangible Assets | 10,178 | 10,884 | 11,327 | 9,864 | 6,732 | 2,818 |
Long-Term Deferred Tax Assets | 1,137 | 1,247 | 940 | 814 | 603 | 895 |
Other Long-Term Assets | 3,578 | 3,383 | 2,194 | 5,016 | 3,337 | 2,023 |
Total Assets | 68,271 | 69,185 | 61,784 | 65,304 | 61,681 | 41,290 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 3,919 | 4,407 | 3,952 | 4,143 | 4,076 | 3,331 |
Accrued Expenses | 12,170 | 12,699 | 11,753 | 11,341 | 11,382 | 9,504 |
Short-Term Debt | 3,341 | 168 | 137 | 1,968 | 5,637 | 225 |
Current Portion of Long-Term Debt | 3,410 | 3,525 | 3,405 | 4,746 | 2,604 | 2,750 |
Current Portion of Leases | - | 242 | 214 | 227 | 212 | 240 |
Current Income Taxes Payable | 1,076 | 1,255 | 1,258 | 1,158 | 1,040 | 1,025 |
Other Current Liabilities | 2,626 | 3,131 | 2,196 | 2,800 | 2,385 | 2,180 |
Total Current Liabilities | 26,542 | 25,427 | 22,915 | 26,383 | 27,336 | 19,255 |
Long-Term Debt | 42,289 | 45,085 | 42,139 | 41,238 | 34,911 | 24,760 |
Long-Term Leases | 99 | 575 | 457 | 479 | 456 | 367 |
Pension & Post-Retirement Benefits | - | 1,459 | 2,114 | 2,210 | 1,260 | 2,149 |
Long-Term Deferred Tax Liabilities | 2,057 | 2,065 | 2,517 | 2,335 | 1,956 | 726 |
Other Long-Term Liabilities | 3,941 | 2,602 | 1,512 | 2,105 | 2,073 | 2,241 |
Total Liabilities | 74,928 | 77,213 | 71,654 | 74,750 | 67,992 | 49,498 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Additional Paid-In Capital | 2,477 | 2,453 | 2,335 | 2,285 | 2,230 | 2,225 |
Retained Earnings | 36,055 | 35,400 | 32,869 | 34,090 | 34,289 | 33,082 |
Treasury Stock | -35,459 | -35,551 | -35,640 | -35,785 | -35,917 | -35,836 |
Comprehensive Income & Other | -11,656 | -12,296 | -11,314 | -11,815 | -9,559 | -9,577 |
Total Common Equity | -8,583 | -9,994 | -11,750 | -11,225 | -8,957 | -10,106 |
Minority Interest | 1,926 | 1,966 | 1,880 | 1,779 | 2,646 | 1,898 |
Shareholders' Equity | -6,657 | -8,028 | -9,870 | -9,446 | -6,311 | -8,208 |
Total Liabilities & Equity | 68,271 | 69,185 | 61,784 | 65,304 | 61,681 | 41,290 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 49,139 | 49,595 | 46,352 | 48,658 | 43,820 | 28,342 |
Net Cash (Debt) | -43,136 | -44,723 | -42,136 | -45,597 | -40,613 | -23,846 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -27.67 | -28.71 | -27.08 | -29.36 | -26.17 | -15.30 |
Filing Date Shares Outstanding | 1,559 | 1,557 | 1,555 | 1,552 | 1,550 | 1,550 |
Total Common Shares Outstanding | 1,559 | 1,557 | 1,555 | 1,552 | 1,550 | 1,550 |
Working Capital | -536 | -1,064 | -2,745 | -6,628 | -7,717 | -1,538 |
Book Value Per Share | -5.51 | -6.42 | -7.56 | -7.23 | -5.78 | -6.52 |
Tangible Book Value | -35,678 | -38,142 | -39,677 | -37,868 | -35,344 | -19,604 |
Tangible Book Value Per Share | -22.89 | -24.50 | -25.52 | -24.39 | -22.80 | -12.65 |
Land | - | 562 | 581 | 550 | 545 | 565 |
Buildings | - | 5,050 | 4,391 | 4,617 | 4,291 | 4,293 |
Machinery | - | 12,533 | 10,632 | 10,713 | 9,549 | 9,275 |
Construction In Progress | - | 1,471 | 1,081 | 1,200 | 1,058 | 599 |