Non-Current Liabilities

Long-Term Debt

Philip Morris International Long-Term Debt decreased by 5.0% to $46.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.5%, from $45.14B to $46.26B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 9.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 24, 2026

How to read this metric

An increase indicates higher leverage and interest expense, while a decrease suggests debt repayment or deleveraging.

Detailed definition

This represents the total value of debt obligations, such as bonds or loans, that are due for repayment beyond the curre...

Peer comparison

Varies significantly by industry; capital-intensive sectors like healthcare often carry higher long-term debt.

Metric ID: long_term_debt

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$29.02B$28.88B$27.58B$26.92B$26.49B$24.40B$37.49B$42.32B$43.77B$45.57B$45.94B$50.11B$49.00B$49.07B$45.56B$45.14B$48.92B$48.20B$48.67B$46.26B
QoQ Change-0.5%-4.5%-2.4%-1.6%-7.9%+53.6%+12.9%+3.4%+4.1%+0.8%+9.1%-2.2%+0.1%-7.2%-0.9%+8.4%-1.5%+1.0%-5.0%
YoY Change-8.7%-15.5%+35.9%+57.2%+65.2%+86.7%+22.6%+18.4%+11.9%+7.7%-0.8%-9.9%-0.2%-1.8%+6.8%+2.5%
Range$24.40B$50.11B
CAGR+10.3%
Avg YoY Growth+17.4%
Median YoY Growth+7.3%

Frequently Asked Questions

What is Philip Morris International's long-term debt?
Philip Morris International (PM) reported long-term debt of $46.26B in Q1 2026.
How has Philip Morris International's long-term debt changed year-over-year?
Philip Morris International's long-term debt increased by 2.5% year-over-year, from $45.14B to $46.26B.
What is the long-term trend for Philip Morris International's long-term debt?
Over 5 years (2020 to 2025), Philip Morris International's long-term debt has grown at a 9.2% compound annual growth rate (CAGR), from $31.29B to $48.67B.
What does long-term debt mean?
The total amount of debt that is not due for repayment within the next year.