Philip Morris International Restructuring charges, net of cash paid (Note 15) decreased by 101.3% to -$3.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 200.0%, from -$1.00M to -$3.00M. This is a positive signal — lower values indicate better performance for this metric.
High levels indicate significant organizational change, which may lead to future margin improvements but signals current operational friction.
The net impact of costs incurred to reorganize business operations, including severance, facility closures, and related...
Frequently seen in mature consumer goods companies undergoing periodic cost-saving initiatives.
operating_restructuring_costs_and_asset_impairment_charges| Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q1 '24 | Q1 '25 | Q2 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$8.00M | -$28.00M | -$19.00M | -$32.00M | -$14.00M | $102.00M | $148.00M | -$1.00M | $240.00M | -$3.00M |
| QoQ Change | — | -250.0% | +32.1% | -68.4% | +56.3% | +828.6% | +45.1% | -100.7% | >999% | -101.3% |
| YoY Change | — | — | — | -300.0% | — | +464.3% | +45.1% | -100.7% | — | -200.0% |