Philip Morris International Inc. PM

190.48 (1.02) (0.53%) as of 25 Sep
Market cap
$296.3B
P/E
27.4×
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Growth Flags show if company had growth for consecutive years

Philip Morris International Inc. (PM) Debt to equity

Philip Morris International Inc.'s debt to equity at the end of the quarter to 30 June 2026 was −7.4×, down 1.3× from fiscal 2025 (−6.1×). Over the past ten years it has ranged from −6.8× (fiscal 2022) to −2.5× (fiscal 2015); the current reading is higher than 18% of that period. That is below the Tobacco industry median of 0.0× and below the Consumer Defensive sector median of 0.3×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 −6.1× —
FY2024 −4.6× —
FY2023 −5.1× —
FY2022 −6.8× —
FY2021 −3.4× —
FY2020 −3.0× —
FY2019 −3.2× —
FY2018 −3.0× —
FY2017 −3.4× —
FY2016 −2.7× —

Quarterly

Period Debt to equity Change
Jun 2026 −7.4× —
Mar 2026 −7.1× —
Dec 2025 −6.1× —
Sep 2025 −5.6× —
42 more quarters

Against its own ten years

Low −6.8× High −2.5×
Ten-year median −3.4×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
MO Altria Group, Inc. compare −9.4×
PM Philip Morris International Inc. −7.4×
ISPR Ispire Technology Inc. compare 0.0×
RLX RLX Technology Inc. Sponsored ADR compare 0.0×
UVV Universal Corporation compare 0.4×
TPB Turning Point Brands, Inc. compare 0.6×
BTI British American Tobacco p.l.c. compare 0.7×
RYM RYTHM, Inc. compare 2.1×
AIIR Air Global PLC compare 2.1×
Tobacco industry median 0.0×
Consumer Defensive sector median 0.3×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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