Accumulated Depreciation

Non-Current Assets

Philip Morris International Accumulated Depreciation increased by 287.9% to $11.22B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.7%, from $9.38B to $11.22B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 5.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2008
Last reportedQ3 2025
Parent metricPP&E (Net)

How to read this metric

A high ratio of accumulated depreciation to gross PP&E may indicate an aging asset base requiring future capital expenditure.

Detailed definition

This is the cumulative amount of depreciation expense charged against fixed assets since their acquisition. It represent...

Peer comparison

Standard accounting metric; essential for evaluating the lifecycle stage of industrial assets.

Metric ID: ppe_accumulated_depreciation

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$754.00M$759.00M$8.56B$833.00M$838.00M$943.00M$8.73B$1.11B$1.19B$1.38B$9.56B$1.63B$1.83B$1.86B$9.38B$2.35B$2.64B$2.89B$11.22B
QoQ Change+0.7%>999%-90.3%+0.6%+12.5%+826.1%-87.3%+7.5%+15.6%+593.0%-83.0%+12.5%+1.7%+403.0%-75.0%+12.5%+9.5%+287.9%
YoY Change+11.1%+24.2%+2.0%+33.4%+42.5%+46.3%+9.5%+46.6%+53.5%+35.1%-2.0%+44.1%+44.1%+55.2%+19.7%
% of PP&E (Net)12.6%12.5%138.8%13.9%14.0%16.8%130.1%16.4%17.1%20.0%127.2%22.6%25.2%24.7%128.2%31.2%32.8%35.6%133.6%
Share Change-0.1pp+126.3pp-125.0pp+0.2pp+2.8pp+113.3pp-113.8pp+0.7pp+3.0pp+107.2pp-104.6pp+2.6pp-0.5pp+103.6pp-97.1pp+1.7pp+2.8pp+98.0pp
Range$754.00M$11.22B
CAGR+82.2%
Avg YoY Growth+31.0%
Median YoY Growth+35.1%
Current Streak3 quarters growth

Frequently Asked Questions

What is Philip Morris International's accumulated depreciation?
Philip Morris International (PM) reported accumulated depreciation of $11.22B in Q4 2025.
How has Philip Morris International's accumulated depreciation changed year-over-year?
Philip Morris International's accumulated depreciation increased by 19.7% year-over-year, from $9.38B to $11.22B.
What is the long-term trend for Philip Morris International's accumulated depreciation?
Over 5 years (2020 to 2025), Philip Morris International's accumulated depreciation has grown at a 5.6% compound annual growth rate (CAGR), from $8.54B to $11.22B.
What does accumulated depreciation mean?
The total amount of depreciation recorded for all assets since they were purchased.

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