What is Philip Morris International's property, plant and equipment, net?

Philip Morris International (PM) reported property, plant and equipment, net of $8.26B in Q1 2026.

How has Philip Morris International's property, plant and equipment, net changed year-over-year?

Philip Morris International's property, plant and equipment, net increased by 9.7% year-over-year, from $7.53B to $8.26B.

What is the long-term trend for Philip Morris International's property, plant and equipment, net?

Over 5 years (2020 to 2025), Philip Morris International's property, plant and equipment, net has grown at a 5.7% compound annual growth rate (CAGR), from $6.37B to $8.40B.

What does property, plant and equipment, net mean?

The net value of the company's physical assets like tracks, trains, and buildings after accounting for wear and tear.

Non-Current Assets

Property, plant and equipment, net

Philip Morris International Property, plant and equipment, net decreased by 1.6% to $8.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $7.53B to $8.26B. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment, net shows an upward trend with a 5.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalHigher is better

VolatilityStable

First reportedQ4 2020

Last reportedQ1 2026Apr 24, 2026

How to read this metric

Growth indicates ongoing investment in infrastructure and capacity, while a decline may suggest high depreciation rates outpacing capital expenditure.

Detailed definition

This represents the net book value of the company's physical infrastructure, including rail tracks, locomotives, rolling...

Peer comparison

The dominant asset category for all Class-1 railroads; essential for benchmarking asset intensity.

Metric ID: non_current_assets_property_plant_and_equipment_and_fina_e3effd

Historical 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	$5.98B	$6.06B	$6.17B	$6.00B	$5.97B	$5.61B	$6.71B	$6.79B	$6.99B	$6.88B	$7.52B	$7.20B	$7.26B	$7.55B	$7.31B	$7.53B	$8.04B	$8.12B	$8.40B	$8.26B
QoQ Change	—	+1.4%	+1.8%	-2.7%	-0.6%	-6.0%	+19.6%	+1.2%	+3.0%	-1.5%	+9.2%	-4.2%	+0.9%	+3.9%	-3.2%	+3.0%	+6.8%	+0.9%	+3.5%	-1.6%
YoY Change	—	—	—	—	-0.2%	-7.4%	+8.8%	+13.1%	+17.2%	+22.7%	+12.0%	+6.1%	+3.9%	+9.7%	-2.7%	+4.6%	+10.7%	+7.5%	+14.9%	+9.7%

Range$5.61B – $8.40B

CAGR+7.1%

Avg YoY Growth+8.2%

Median YoY Growth+9.2%

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Frequently Asked Questions

What is Philip Morris International's property, plant and equipment, net?: Philip Morris International (PM) reported property, plant and equipment, net of $8.26B in Q1 2026.
How has Philip Morris International's property, plant and equipment, net changed year-over-year?: Philip Morris International's property, plant and equipment, net increased by 9.7% year-over-year, from $7.53B to $8.26B.
What is the long-term trend for Philip Morris International's property, plant and equipment, net?: Over 5 years (2020 to 2025), Philip Morris International's property, plant and equipment, net has grown at a 5.7% compound annual growth rate (CAGR), from $6.37B to $8.40B.
What does property, plant and equipment, net mean?: The net value of the company's physical assets like tracks, trains, and buildings after accounting for wear and tear.