Philip Morris International Derivative Liabilities - Fair Value decreased by 99.4% to $1.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 92.9%, from $14.00M to $1.00M. Over 4 years (FY 2021 to FY 2025), Derivative Liabilities - Fair Value shows an upward trend with a 63.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase in liabilities suggests unfavorable market movements for the company's hedges, while a decrease indicates a reduction in potential settlement obligations.
This represents the fair value of derivative financial instruments that are currently in a liability position. These lia...
Standard for energy companies; peers with similar hedging profiles will show comparable volatility in this line item.
derivative_liabilities_fair_value| Q4 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $22.00M | $67.00M | $143.00M | $275.00M | $324.00M | $51.00M | $443.00M | $50.00M | $37.00M | $120.00M | $11.00M | $14.00M | $422.00M | $115.00M | $157.00M | $1.00M |
| QoQ Change | — | +204.5% | +113.4% | +92.3% | +17.8% | -84.3% | +768.6% | -88.7% | -26.0% | +224.3% | -90.8% | +27.3% | >999% | -72.7% | +36.5% | -99.4% |
| YoY Change | — | — | +550.0% | — | — | -23.9% | +209.8% | -81.8% | -88.6% | +135.3% | -97.5% | -72.0% | >999% | -4.2% | >999% | -92.9% |