Non-Current Assets
Investments
Philip Morris International Investments decreased by 14.3% to $2.48B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.6%, from $2.97B to $2.48B. Over 5 years (FY 2020 to FY 2025), Investments shows a downward trend with a -9.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026Apr 24, 2026
How to read this metric
Growth in this area suggests the company is deploying excess capital into long-term wealth-generating assets.
Detailed definition
These are investments in securities, joint ventures, or other long-term financial assets that the company intends to hol...
Peer comparison
Common in large, diversified healthcare firms that manage significant investment portfolios.
Metric ID:
non_current_assets_long_term_investmentsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.63B | $4.62B | $4.46B | $4.31B | $4.33B | $4.09B | $4.43B | $4.50B | $4.75B | $4.69B | $4.93B | $4.92B | $4.96B | $5.63B | $2.65B | $2.97B | $3.35B | $3.13B | $2.89B | $2.48B |
| QoQ Change | — | -0.2% | -3.5% | -3.4% | +0.4% | -5.6% | +8.4% | +1.6% | +5.4% | -1.2% | +5.1% | -0.2% | +0.9% | +13.5% | -52.9% | +12.0% | +12.8% | -6.5% | -7.7% | -14.3% |
| YoY Change | — | — | — | — | -6.6% | -11.6% | -0.7% | +4.5% | +9.7% | +14.8% | +11.2% | +9.2% | +4.5% | +20.0% | -46.2% | -39.6% | -32.4% | -44.4% | +8.9% | -16.6% |
Range$2.48B – $5.63B
CAGR-12.3%
Avg YoY Growth-7.2%
Median YoY Growth+1.9%
Current Streak3 quarters decline
Investments at Other Companies
Frequently Asked Questions
- What is Philip Morris International's investments?
- Philip Morris International (PM) reported investments of $2.48B in Q1 2026.
- How has Philip Morris International's investments changed year-over-year?
- Philip Morris International's investments decreased by 16.6% year-over-year, from $2.97B to $2.48B.
- What is the long-term trend for Philip Morris International's investments?
- Over 5 years (2020 to 2025), Philip Morris International's investments has grown at a -9.6% compound annual growth rate (CAGR), from $4.80B to $2.89B.
- What does investments mean?
- Long-term financial investments held by the company for strategic or yield purposes.