Philip Morris International Inc. (PM) stock
PMNYSECigarettesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 23, 2026Score 13/3041% above fair value
$196.66+0.31 (+0.16%)
Close on Nov 12, 2026Market cap $306.53BP/E 28.7Yield 2.87%
Philip Morris International total debt
Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.
Philip Morris International's total debt was $47.56B at Sep 30, 2026. For fiscal 2025 it was $48.84B, up 6.9% from the year before. Over ten years it grew 5.5% a year on average. The highest annual figure on record is $48.84B in fiscal 2025.
Annual total debt
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $48.84B | +6.9% |
| FY2024 | Dec 31, 2024 | $45.70B | -4.6% |
| FY2023 | Dec 31, 2023 | $47.91B | +11.1% |
| FY2022 | Dec 31, 2022 | $43.12B | +55.1% |
| FY2021 | Dec 31, 2021 | $27.81B | -11.8% |
| FY2020 | Dec 31, 2020 | $31.54B | +1.6% |
| FY2019 | Dec 31, 2019 | $31.05B | -2.2% |
| FY2018 | Dec 31, 2018 | $31.76B | -7.5% |
| FY2017 | Dec 31, 2017 | $34.34B | +18.1% |
| FY2016 | Dec 31, 2016 | $29.07B | +2.1% |
| FY2015 | Dec 31, 2015 | $28.48B | -3.3% |
| FY2014 | Dec 31, 2014 | $29.46B | +6.4% |
| FY2013 | Dec 31, 2013 | $27.68B | +21.2% |
| FY2012 | Dec 31, 2012 | $22.84B | +23.2% |
| FY2011 | Dec 31, 2011 | $18.55B | +12.4% |
| FY2010 | Dec 31, 2010 | $16.50B | +7.0% |
| FY2009 | Dec 31, 2009 | $15.42B | +28.9% |
| FY2008 | Dec 31, 2008 | $11.96B | – |
Quarterly total debt
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $47.56B | -5.0% |
| Q2 FY2026 | Jun 30, 2026 | $49.11B | -4.6% |
| Q1 FY2026 | Mar 31, 2026 | $51.95B | +4.8% |
| Q4 FY2025 | Dec 31, 2025 | $48.84B | +6.9% |
| Q3 FY2025 | Sep 30, 2025 | $50.08B | +1.7% |
| Q2 FY2025 | Jun 30, 2025 | $51.46B | +4.7% |
| Q1 FY2025 | Mar 31, 2025 | $49.58B | -1.6% |
| Q4 FY2024 | Dec 31, 2024 | $45.70B | -4.6% |
| Q3 FY2024 | Sep 30, 2024 | $49.22B | +3.2% |
| Q2 FY2024 | Jun 30, 2024 | $49.14B | +2.6% |
| Q1 FY2024 | Mar 31, 2024 | $50.39B | +6.9% |
| Q4 FY2023 | Dec 31, 2023 | $47.91B | +11.1% |
| Q3 FY2023 | Sep 30, 2023 | $47.72B | +75.3% |
| Q2 FY2023 | Jun 30, 2023 | $47.89B | +70.7% |
| Q1 FY2023 | Mar 31, 2023 | $47.12B | +60.5% |
| Q4 FY2022 | Dec 31, 2022 | $43.12B | +55.1% |
| Q3 FY2022 | Sep 30, 2022 | $27.22B | -6.5% |
| Q2 FY2022 | Jun 30, 2022 | $28.05B | -3.8% |
| Q1 FY2022 | Mar 31, 2022 | $29.36B | -0.1% |
| Q4 FY2021 | Dec 31, 2021 | $27.81B | -11.8% |
| Q3 FY2021 | Sep 30, 2021 | $29.11B | -1.3% |
| Q2 FY2021 | Jun 30, 2021 | $29.16B | -1.6% |
| Q1 FY2021 | Mar 31, 2021 | $29.40B | +3.6% |
| Q4 FY2020 | Dec 31, 2020 | $31.54B | +1.6% |
| Q3 FY2020 | Sep 30, 2020 | $29.49B | -7.3% |
| Q2 FY2020 | Jun 30, 2020 | $29.63B | -0.9% |
| Q1 FY2020 | Mar 31, 2020 | $28.37B | -6.3% |
| Q4 FY2019 | Dec 31, 2019 | $31.05B | -2.2% |
| Q3 FY2019 | Sep 30, 2019 | $31.82B | +0.2% |
| Q2 FY2019 | Jun 30, 2019 | $29.89B | -5.6% |
| Q1 FY2019 | Mar 31, 2019 | $30.26B | -13.2% |
| Q4 FY2018 | Dec 31, 2018 | $31.76B | -7.5% |
| Q3 FY2018 | Sep 30, 2018 | $31.77B | -6.5% |
| Q2 FY2018 | Jun 30, 2018 | $31.67B | -0.3% |
| Q1 FY2018 | Mar 31, 2018 | $34.85B | +11.2% |
| Q4 FY2017 | Dec 31, 2017 | $34.34B | +18.1% |
| Q3 FY2017 | Sep 30, 2017 | $33.98B | – |
| Q2 FY2017 | Jun 30, 2017 | $31.75B | – |
| Q1 FY2017 | Mar 31, 2017 | $31.35B | – |
| Q4 FY2016 | Dec 31, 2016 | $29.07B | – |
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