Operating

Restructuring charges, net of cash paid (Note 15)

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.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2026Apr 24, 2026

How to read this metric

High levels indicate significant organizational change, which may lead to future margin improvements but signals current operational friction.

Detailed definition

The net impact of costs incurred to reorganize business operations, including severance, facility closures, and related...

Peer comparison

Frequently seen in mature consumer goods companies undergoing periodic cost-saving initiatives.

Metric ID: operating_restructuring_costs_and_asset_impairment_charges

Historical Data

10 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q1 '24Q1 '25Q2 '25Q1 '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%
Range-$32.00M$240.00M
CAGR-35.3%
Avg YoY Growth-18.3%
Median YoY Growth-100.7%

Frequently Asked Questions

What is Philip Morris International's restructuring charges, net of cash paid (note 15)?
Philip Morris International (PM) reported restructuring charges, net of cash paid (note 15) of -$3.00M in Q1 2026.
How has Philip Morris International's restructuring charges, net of cash paid (note 15) changed year-over-year?
Philip Morris International's restructuring charges, net of cash paid (note 15) decreased by 200.0% year-over-year, from -$1.00M to -$3.00M.
What does restructuring charges, net of cash paid (note 15) mean?
Costs associated with reorganizing business operations to improve efficiency.