Discontinued — last reported Q3 '14

Finished goods

Current Assets

Philip Morris International Finished goods increased by 29.7% to $6.83B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 33.6%, from $5.11B to $6.83B. Over 5 years (FY 2020 to FY 2025), Finished goods shows an upward trend with a 3.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2009
Last reportedQ3 2014
Parent metricInventories

How to read this metric

Rising levels relative to sales may indicate inventory buildup and potential future markdowns, while falling levels may signal strong demand.

Detailed definition

This represents the value of completed products ready for sale to customers. It is the final stage of the inventory cycl...

Peer comparison

Varies by business model; peers with just-in-time manufacturing will have lower levels than those with long supply chains.

Metric ID: inv_finished_goods

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$4.82B$4.54B$5.43B$4.70B$4.12B$4.00B$6.18B$6.59B$5.52B$5.48B$6.54B$5.85B$5.10B$5.01B$5.11B$5.33B$5.72B$5.27B$6.83B
QoQ Change-5.9%+19.6%-13.5%-12.2%-3.0%+54.6%+6.5%-16.2%-0.9%+19.4%-10.6%-12.8%-1.9%+2.1%+4.3%+7.3%-7.9%+29.7%
YoY Change-14.5%-11.8%+14.0%+40.3%+33.9%+36.8%+5.7%-11.2%-7.6%-8.5%-21.8%-8.9%+12.1%+5.2%+33.6%
% of Inventories55.5%55.5%62.2%54.1%54.6%55.9%62.6%61.5%55.8%56.8%60.7%58.7%54.4%53.5%54.1%52.6%53.3%51.3%59.5%
Share Change+0.0pp+6.7pp-8.1pp+0.5pp+1.3pp+6.6pp-1.1pp-5.7pp+1.0pp+3.9pp-2.0pp-4.3pp-0.9pp+0.6pp-1.4pp+0.7pp-2.0pp+8.2pp
Range$4.00B$6.83B
CAGR+8.0%
Avg YoY Growth+6.5%
Median YoY Growth+5.2%

Frequently Asked Questions

What is Philip Morris International's finished goods?
Philip Morris International (PM) reported finished goods of $6.83B in Q4 2025.
How has Philip Morris International's finished goods changed year-over-year?
Philip Morris International's finished goods increased by 33.6% year-over-year, from $5.11B to $6.83B.
What is the long-term trend for Philip Morris International's finished goods?
Over 5 years (2020 to 2025), Philip Morris International's finished goods has grown at a 3.3% compound annual growth rate (CAGR), from $5.82B to $6.83B.
What does finished goods mean?
The value of completed products that are ready to be sold.

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