Discontinued — last reported Q4 '25
D&A
Philip Morris International D&A increased by 3.2% to $521.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.2%, from $477.00M to $521.00M. Over 4 years (FY 2021 to FY 2025), D&A shows an upward trend with a 18.9% CAGR.
Analysis
How to read this metric
Higher levels indicate significant capital investment in infrastructure or acquisitions, while lower levels may suggest aging assets or limited capital expenditure.
Detailed definition
This represents the non-cash expense allocated to the cost of tangible and intangible assets over their useful lives. Be...
Peer comparison
High in capital-intensive industries like manufacturing and healthcare devices; lower in service-based sectors.
depreciation_and_amortization_cfHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '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 | $239.00M | $235.00M | $279.00M | $253.00M | $287.00M | $358.00M | $179.00M | $299.00M | $301.00M | $429.00M | $369.00M | $367.00M | $445.00M | $498.00M | $477.00M | $480.00M | $490.00M | $505.00M | $521.00M |
| QoQ Change | — | -1.7% | +18.7% | -9.3% | +13.4% | +24.7% | -50.0% | +67.0% | +0.7% | +42.5% | -14.0% | -0.5% | +21.3% | +11.9% | -4.2% | +0.6% | +2.1% | +3.1% | +3.2% |
| YoY Change | — | — | — | — | +20.1% | +52.3% | -35.8% | +18.2% | +4.9% | +19.8% | +106.1% | +22.7% | +47.8% | +16.1% | +29.3% | +30.8% | +10.1% | +1.4% | +9.2% |
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 | $367.00M | $445.00M | $498.00M | $477.00M | $480.00M | $490.00M | $505.00M | $521.00M |
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 $521.00M in Q4 2025.
- How has Philip Morris International's d&a changed year-over-year?
- Philip Morris International's d&a increased by 9.2% year-over-year, from $477.00M to $521.00M.
- What is the long-term trend for Philip Morris International's d&a?
- Over 4 years (2021 to 2025), Philip Morris International's d&a has grown at a 18.9% compound annual growth rate (CAGR), from $998.00M to $2.00B.
- What does d&a mean?
- The non-cash accounting expense for the wear and tear or expiration of assets.