Discontinued — last reported Q3 '22

Net Derivative Assets/(Liabilities) After Master Netting

Current Assets

Philip Morris International Net Derivative Assets/(Liabilities) After Master Netting increased by 49.2% to $91.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.3%, from $81.00M to $91.00M. Over 3 years (FY 2021 to FY 2024), Net Derivative Assets/(Liabilities) After Master Netting shows an upward trend with a 196.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ3 2015
Last reportedQ3 2022

How to read this metric

A net asset position indicates a favorable exposure, while a net liability indicates a potential payment obligation.

Detailed definition

This represents the net fair value of derivative contracts after applying master netting agreements that allow for offse...

Peer comparison

Standard metric for global banks with significant trading operations; highly sensitive to market volatility.

Metric ID: net_derivative_assets_liabilities_after_netting

Historical Data

14 periods
 Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$13.00M$268.00M$186.00M$186.00M$171.00M$241.00M$101.00M$232.00M$193.00M$81.00M$337.00M$115.00M$61.00M$91.00M
QoQ Change>999%-30.6%+0.0%-8.1%+40.9%-58.1%+129.7%-16.8%-58.0%+316.0%-65.9%-47.0%+49.2%
YoY Change>999%-10.1%-45.7%+24.7%+12.9%-66.4%+233.7%-50.4%-68.4%+12.3%
Range$13.00M$337.00M
CAGR+82.0%
Avg YoY Growth+137.3%
Median YoY Growth+1.1%

Frequently Asked Questions

What is Philip Morris International's net derivative assets/(liabilities) after master netting?
Philip Morris International (PM) reported net derivative assets/(liabilities) after master netting of $91.00M in Q3 2025.
How has Philip Morris International's net derivative assets/(liabilities) after master netting changed year-over-year?
Philip Morris International's net derivative assets/(liabilities) after master netting increased by 12.3% year-over-year, from $81.00M to $91.00M.
What is the long-term trend for Philip Morris International's net derivative assets/(liabilities) after master netting?
Over 3 years (2021 to 2024), Philip Morris International's net derivative assets/(liabilities) after master netting has grown at a 196.0% compound annual growth rate (CAGR), from $13.00M to $337.00M.
What does net derivative assets/(liabilities) after master netting mean?
The net value of derivative contracts after offsetting amounts owed to and from the same parties.

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