Goodwill
Philip Morris International Goodwill decreased by 1.1% to $17.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $16.86B to $17.07B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 23.7% CAGR.
Analysis
How to read this metric
High levels indicate a history of M&A activity, while sudden decreases signal potential impairment charges due to poor acquisition performance.
Detailed definition
This represents the premium paid over the fair value of identifiable net assets during business acquisitions. It reflect...
Peer comparison
Common in companies with active M&A strategies; compared against peers to assess acquisition premiums.
goodwillHistorical 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.84B | $6.81B | $6.68B | $6.63B | $6.32B | $6.13B | $19.66B | $19.87B | $19.24B | $16.51B | $16.78B | $16.46B | $16.82B | $17.14B | $16.6B | $16.86B | $17.23B | $17.18B | $17.26B | $17.07B |
| QoQ Change | — | +16.6% | -2.0% | -0.7% | -4.7% | -3.0% | +220.8% | +1.1% | -3.2% | -14.2% | +1.6% | -1.9% | +2.2% | +1.9% | -3.2% | +1.6% | +2.1% | -0.3% | +0.5% | -1.1% |
| YoY Change | — | — | — | — | +8.1% | -10.1% | +194.2% | +199.5% | +204.5% | +169.4% | -14.6% | -17.2% | -12.6% | +3.8% | -1.1% | +2.5% | +2.4% | +0.2% | +4.0% | +1.2% |
Business Segments — Swedish Match
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Americas | $8.85B | $8.8B | $8.77B | $8.75B | $8.76B | $8.79B | $8.81B | $8.82B |
| Europe | $3.93B | $3.95B | $4.12B | $4.13B | $4.42B | $4.68B | $4.7B | $4.78B |
| SSEA, CIS & MEA | $2.82B | $3.23B | $3.42B | $3.25B | $3.22B | $3.28B | $3.21B | $3.2B |
| EA, AU & PMI GTR | — | — | — | — | $467M | $475M | $465M | $461M |
| EA, AU & PMI DF | $480M | $465M | $497M | $470M | — | — | — | — |
| Wellness and Healthcare | $383M | $383M | $337M | $317M | — | — | — | — |
| Total | $16.46B | $16.82B | $17.14B | $16.6B | $16.86B | $17.23B | $17.18B | $17.26B |
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 Combustibles
| Segment | Q1 '26 |
|---|---|
| International Combustibles | $4.77B |
| International Smoke-Free | $3.82B |
| Total | $17.07B |
Goodwill at Other Companies
Frequently Asked Questions
- What is Philip Morris International's goodwill?
- Philip Morris International (PM) reported goodwill of $17.07B in Q1 2026.
- How has Philip Morris International's goodwill changed year-over-year?
- Philip Morris International's goodwill increased by 1.2% year-over-year, from $16.86B to $17.07B.
- What is the long-term trend for Philip Morris International's goodwill?
- Over 5 years (2020 to 2025), Philip Morris International's goodwill has grown at a 23.7% compound annual growth rate (CAGR), from $5.96B to $17.26B.
- What does goodwill mean?
- The excess price paid for an acquisition over the fair value of its identifiable net assets.