What is Philip Morris International's raw materials?

Philip Morris International (PM) reported raw materials of $2.47B in Q1 2026.

How has Philip Morris International's raw materials changed year-over-year?

Philip Morris International's raw materials decreased by 6.0% year-over-year, from $2.63B to $2.47B.

What is the long-term trend for Philip Morris International's raw materials?

Over 5 years (2020 to 2025), Philip Morris International's raw materials has grown at a 5.4% compound annual growth rate (CAGR), from $1.71B to $2.22B.

What does raw materials mean?

Unprocessed materials and components purchased for use in manufacturing, valued at cost.

Philip Morris International PM Raw materials

Raw materials at other companies

TerexTEX

$203M+8.0%

Philip Morris InternationalPM

$2.47B-6.0%

Raytheon TechnologiesRTX

$4.98B+10.8%

CaterpillarCAT

$7.43B+11.3%

nVent Electric plcNVT

$250.1M+62.5%

The J.M. Smucker CompanySJM

$542.4M+2.5%

Other financials

Income statement

See full

Revenue$10.1B+9.1%

Gross profit$6.9B+10.1%

Operating income$3.9B+9.8%

Net income$2.4B-9.4%

EPS (diluted)$1.56-9.3%

Balance sheet

See full

Cash & equivalents$5.5B+22.2%

Total debt$52.0B+4.8%

Total equity-$9.3B+14.9%

Total assets$68.9B+5.9%

Cash flow

See full

Operating cash flow-$399.0M-14.0%

CapEx$353.0M-12.6%

Free cash flow-$752.0M+0.3%

Valuation

See full

Market cap$278.05B+4.3%

Enterprise value$324.61B+4.1%

P/E25.1×-7.5×

P/S6.7×-0.2×

Profitability

See full

Gross margin67.3%+1.6pp

Operating margin36.7%+0.5pp

Net margin26.7%+5.4pp

FCF margin25.7%-0.9pp

Returns & leverage

See full

Return on equity-110%—

Debt / equity-5.6×—

Current ratio1×+0.2×

Where this comes from

Reported directly by Philip Morris International in its filing.

Tagged under the XBRL concept us-gaap:InventoryRawMaterialsNetOfReserves.

The official record: Philip Morris International’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Philip Morris International's raw materials.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Philip Morris International's raw materials?: Philip Morris International (PM) reported raw materials of $2.47B in Q1 2026.
How has Philip Morris International's raw materials changed year-over-year?: Philip Morris International's raw materials decreased by 6.0% year-over-year, from $2.63B to $2.47B.
What is the long-term trend for Philip Morris International's raw materials?: Over 5 years (2020 to 2025), Philip Morris International's raw materials has grown at a 5.4% compound annual growth rate (CAGR), from $1.71B to $2.22B.
What does raw materials mean?: Unprocessed materials and components purchased for use in manufacturing, valued at cost.