PP&E (Gross)

Non-Current Assets

Philip Morris International PP&E (Gross) increased by 2.2% to $19.62B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.6%, from $16.69B to $19.62B. Over 5 years (FY 2020 to FY 2025), PP&E (Gross) shows an upward trend with a 5.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

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

How to read this metric

Consistent growth indicates ongoing capital investment and expansion of the production base.

Detailed definition

This represents the total historical cost of all property, plant, and equipment before accounting for depreciation. It r...

Peer comparison

Used to compare asset intensity across capital-intensive industries like oil and gas or manufacturing.

Metric ID: ppe_total_gross

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$14.62B$14.91B$14.73B$14.56B$14.56B$13.85B$15.44B$15.78B$16.20B$15.89B$17.08B$16.55B$16.74B$17.51B$16.69B$17.43B$19.00B$19.19B$19.62B
QoQ Change+2.0%-1.2%-1.1%-0.0%-4.9%+11.5%+2.2%+2.6%-1.9%+7.5%-3.1%+1.2%+4.6%-4.7%+4.5%+9.0%+1.0%+2.2%
YoY Change-0.4%-7.1%+4.8%+8.3%+11.2%+14.8%+10.6%+4.9%+3.3%+10.2%-2.3%+5.3%+13.5%+9.6%+17.6%
% of PP&E (Net)244.6%245.9%238.8%242.6%244.1%246.8%230.1%232.4%231.7%230.9%227.2%229.8%230.4%232.0%228.2%231.4%236.2%236.4%233.6%
Share Change+1.3pp-7.1pp+3.7pp+1.5pp+2.7pp-16.6pp+2.3pp-0.8pp-0.8pp-3.7pp+2.5pp+0.6pp+1.6pp-3.8pp+3.1pp+4.8pp+0.2pp-2.8pp
Range$13.85B$19.62B
CAGR+6.8%
Avg YoY Growth+7.0%
Median YoY Growth+8.3%
Current Streak4 quarters growth

Frequently Asked Questions

What is Philip Morris International's pp&e (gross)?
Philip Morris International (PM) reported pp&e (gross) of $19.62B in Q4 2025.
How has Philip Morris International's pp&e (gross) changed year-over-year?
Philip Morris International's pp&e (gross) increased by 17.6% year-over-year, from $16.69B to $19.62B.
What is the long-term trend for Philip Morris International's pp&e (gross)?
Over 5 years (2020 to 2025), Philip Morris International's pp&e (gross) has grown at a 5.6% compound annual growth rate (CAGR), from $14.91B to $19.62B.
What does pp&e (gross) mean?
The total original cost of all physical assets owned by the company before subtracting wear and tear.

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