Other Income & Expense

Interest Income (Expense), Nonoperating

Philip Morris International Interest Income (Expense), Nonoperating decreased by 8.7% to -$237.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from -$241.00M to -$237.00M. Over 3 years (FY 2022 to FY 2025), Interest Income (Expense), Nonoperating shows a downward trend with a 18.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 24, 2026

How to read this metric

Lower net interest expense indicates reduced debt burden or improved interest rate management, while higher expense signals increased leverage or rising interest rates.

Detailed definition

This represents the net interest expense incurred on corporate debt obligations, offset by interest income earned on cas...

Peer comparison

Standardized across all capital-intensive industries as 'Net Interest Expense'.

Metric ID: other_income_expense_interest_income_expense_nonoperating_net

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$147.00M-$147.00M-$147.00M-$147.00M-$230.00M-$297.00M-$261.00M-$273.00M-$299.00M-$329.00M-$189.00M-$326.00M-$241.00M-$277.00M-$230.00M-$218.00M-$237.00M
QoQ Change+0.0%+0.0%+0.0%-56.5%-29.1%+12.1%-4.6%-9.5%-10.0%+42.6%-72.5%+26.1%-14.9%+17.0%+5.2%-8.7%
YoY Change-56.5%-102.0%-77.6%-85.7%-30.0%-10.8%+27.6%-19.4%+19.4%+15.8%-21.7%+33.1%+1.7%
Range-$329.00M-$147.00M
CAGR+12.7%
Avg YoY Growth-23.5%
Median YoY Growth-19.4%

Interest Income (Expense), Nonoperating at Other Companies

Frequently Asked Questions

What is Philip Morris International's interest income (expense), nonoperating?
Philip Morris International (PM) reported interest income (expense), nonoperating of -$237.00M in Q1 2026.
How has Philip Morris International's interest income (expense), nonoperating changed year-over-year?
Philip Morris International's interest income (expense), nonoperating increased by 1.7% year-over-year, from -$241.00M to -$237.00M.
What is the long-term trend for Philip Morris International's interest income (expense), nonoperating?
Over 3 years (2022 to 2025), Philip Morris International's interest income (expense), nonoperating has grown at a 18.0% compound annual growth rate (CAGR), from -$588.00M to -$966.00M.
What does interest income (expense), nonoperating mean?
The net cost of interest on debt minus interest earned on cash.