Non-Current Assets
Buildings and improvements
Philip Morris International Buildings and improvements increased by 15.0% to $5.05B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 15.0%, from $4.39B to $5.05B. Over 5 years (FY 2020 to FY 2025), Buildings and improvements shows an upward trend with a 2.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025Feb 6, 2026
Parent metricPP&E (Net)
How to read this metric
An increase suggests capital expansion or facility upgrades, while a decrease may indicate divestitures or asset impairment.
Detailed definition
This represents the historical cost of buildings, facilities, and leasehold improvements owned or controlled by the comp...
Peer comparison
Standard across manufacturing and consumer goods sectors; comparable to real estate holdings of peer tobacco and CPG firms.
Metric ID:
ppe_buildingsHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $4.29B | $4.29B | $4.62B | $4.39B | $5.05B |
| QoQ Change | — | -0.0% | +7.6% | -4.9% | +15.0% |
| YoY Change | — | -0.0% | +7.6% | -4.9% | +15.0% |
| % of PP&E (Net) | 69.6% | 63.9% | 61.4% | 60.1% | 60.1% |
| Share Change | — | -5.7pp | -2.5pp | -1.4pp | +0.1pp |
Range$4.29B – $5.05B
CAGR+17.6%
Avg YoY Growth+4.4%
Median YoY Growth+3.8%
Buildings and improvements at Other Companies
Frequently Asked Questions
- What is Philip Morris International's buildings and improvements?
- Philip Morris International (PM) reported buildings and improvements of $5.05B in Q4 2025.
- How has Philip Morris International's buildings and improvements changed year-over-year?
- Philip Morris International's buildings and improvements increased by 15.0% year-over-year, from $4.39B to $5.05B.
- What is the long-term trend for Philip Morris International's buildings and improvements?
- Over 5 years (2020 to 2025), Philip Morris International's buildings and improvements has grown at a 2.7% compound annual growth rate (CAGR), from $4.41B to $5.05B.
- What does buildings and improvements mean?
- The total historical cost of all buildings and facility improvements owned by the company.