Discontinued — last reported Q4 '25
Philip Morris International D&A remained flat by 0.0% to $499.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.7%, from $446.75M to $499.00M. Over 3 years (FY 2021 to FY 2025), D&A shows an upward trend with a 175.0% CAGR.
Analysis
How to read this metric
Higher levels often indicate significant recent capital investment or large historical acquisitions, while lower levels may suggest aging assets.
Detailed definition
Depreciation and amortization represent the systematic allocation of the cost of tangible and intangible assets over the...
Peer comparison
High in capital-intensive industries like healthcare and manufacturing; peers often report this as a significant non-cash drag on earnings.
depreciation_and_amortizationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $19.00M | $18.00M | $41.00M | $38.00M | $36.00M | $349.50M | $349.50M | $349.50M | $349.50M | $446.75M | $446.75M | $446.75M | $446.75M | $499.00M | $499.00M | $499.00M | $499.00M |
| QoQ Change | — | -5.3% | +127.8% | -7.3% | -5.3% | +870.8% | +0.0% | +0.0% | +0.0% | +27.8% | +0.0% | +0.0% | +0.0% | +11.7% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +89.5% | +819.7% | +870.8% | — | — | +27.8% | +27.8% | +27.8% | +27.8% | +11.7% | +11.7% | +11.7% | +11.7% |
Business Segments — Americas
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Americas | $98.00M | $179.00M | $241.00M | $230.00M | $237.00M | $234.00M | $236.00M | $243.00M |
| Europe | $146.00M | $149.00M | $139.00M | $128.00M | $124.00M | $136.00M | $142.00M | $156.00M |
| SSEA, CIS & MEA | $76.00M | $76.00M | $75.00M | $77.00M | $68.00M | $70.00M | $78.00M | $78.00M |
| EA, AU & PMI GTR | $47.00M | $41.00M | $43.00M | — | $51.00M | $50.00M | $49.00M | $44.00M |
| EA, AU & PMI DF | $43.25M | $43.25M | $43.25M | $43.25M | — | — | — | — |
| Wellness and Healthcare | $17.50M | $17.50M | $17.50M | $17.50M | — | — | — | — |
| Total | $446.75M | $446.75M | $446.75M | $446.75M | $499.00M | $499.00M | $499.00M | $499.00M |
EA, AU & PMI DF, Swedish Match, Wellness and Healthcare are derived from annual filings.
Americas, EA, AU & PMI DF, EA, AU & PMI GTR, Europe, SSEA, CIS & MEA, Swedish Match, Wellness and Healthcare were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — International Smoke-Free
| Segment | Q1 '26 |
|---|---|
| International Smoke-Free | $90.00M |
| International Combustibles | $67.00M |
| Total | — |
D&A at Other Companies
Frequently Asked Questions
- What is Philip Morris International's d&a?
- Philip Morris International (PM) reported d&a of $499.00M in Q4 2025.
- How has Philip Morris International's d&a changed year-over-year?
- Philip Morris International's d&a increased by 11.7% year-over-year, from $446.75M to $499.00M.
- What is the long-term trend for Philip Morris International's d&a?
- Over 3 years (2021 to 2025), Philip Morris International's d&a has grown at a 175.0% compound annual growth rate (CAGR), from $96.00M to $2.00B.
- What does d&a mean?
- The non-cash expense that spreads the cost of physical and intangible assets over their useful life.