Non-Current Liabilities

Long-Term Debt and Finance Lease Obligations

Philip Morris International Long-Term Debt and Finance Lease Obligations decreased by 2.9% to $43.81B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $38.78B to $43.81B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt and Finance Lease Obligations shows an upward trend with a 9.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 24, 2026

How to read this metric

High levels increase financial leverage and interest expense, which can impact profitability and creditworthiness.

Detailed definition

This represents the total principal amount of debt and finance lease obligations maturing beyond one year. It is a key i...

Peer comparison

Essential for calculating debt-to-equity and net debt-to-EBITDA ratios; standard across capital-intensive industries.

Metric ID: long_term_debt_and_finance_lease_obligations

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$27.41B$25.77B$24.78B$24.02B$22.35B$21.76B$34.88B$40.42B$41.40B$42.91B$41.24B$44.68B$44.65B$44.24B$42.17B$38.78B$42.43B$41.86B$45.13B$43.81B
QoQ Change-6.0%-3.8%-3.1%-7.0%-2.6%+60.3%+15.9%+2.4%+3.7%-3.9%+8.3%-0.1%-0.9%-4.7%-8.0%+9.4%-1.3%+7.8%-2.9%
YoY Change-18.5%-15.5%+40.7%+68.3%+85.3%+97.2%+18.3%+10.6%+7.8%+3.1%+2.2%-13.2%-5.0%-5.4%+7.0%+13.0%
Range$21.76B$45.13B
CAGR+10.4%
Avg YoY Growth+18.5%
Median YoY Growth+7.4%

Frequently Asked Questions

What is Philip Morris International's long-term debt and finance lease obligations?
Philip Morris International (PM) reported long-term debt and finance lease obligations of $43.81B in Q1 2026.
How has Philip Morris International's long-term debt and finance lease obligations changed year-over-year?
Philip Morris International's long-term debt and finance lease obligations increased by 13.0% year-over-year, from $38.78B to $43.81B.
What is the long-term trend for Philip Morris International's long-term debt and finance lease obligations?
Over 5 years (2020 to 2025), Philip Morris International's long-term debt and finance lease obligations has grown at a 9.9% compound annual growth rate (CAGR), from $28.17B to $45.13B.
What does long-term debt and finance lease obligations mean?
Total debt and lease obligations due after more than one year.