Philip Morris International Inc. Capital Expenditures 2007-2026 | PM
What is capital expenditures?
Capital expenditures (CapEx) can be defined as money spent on acquiring, maintaining, or upgrading physical assets such as property, buildings, and equipment.
What is Philip Morris International Inc.'s current capital expenditures?
Philip Morris International Inc. (PM) annual capital expenditures for 2025 was $1.57B, a 8.66% increase from 2024. Philip Morris International Inc. capital expenditures for the quarter ending March 31, 2026 was $353.0M.
What was Philip Morris International Inc.'s capital expenditures in 2024?
Philip Morris International Inc. annual capital expenditures for 2024 was $1.44B, a 9.31% increase from 2023.
What was Philip Morris International Inc.'s capital expenditures in 2023?
Philip Morris International Inc. annual capital expenditures for 2023 was $1.32B, a 22.66% increase from 2022.
What is Philip Morris International Inc.'s 5-year capital expenditures CAGR?
Philip Morris International Inc. capital expenditures grew at a compound annual growth rate (CAGR) of 21.12% from FY2020 to FY2025, going from $602.0M to $1.57B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.57B | +8.7% | 10-K |
| FY2024 | $1.44B | +9.3% | 10-K |
| FY2023 | $1.32B | +22.7% | 10-K |
| FY2022 | $1.08B | +44.0% | 10-K |
| FY2021 | $748.0M | +24.3% | 10-K |
| FY2020 | $602.0M | -29.3% | 10-K |
| FY2019 | $852.0M | -40.7% | 10-K |
| FY2018 | $1.44B | -7.2% | 10-K |
| FY2017 | $1.55B | +32.1% | 10-K |
| FY2016 | $1.17B | +22.1% | 10-K |
| FY2015 | $960.0M | -16.7% | 10-K |
| FY2014 | $1.15B | -3.9% | 10-K |
| FY2013 | $1.20B | +13.6% | 10-K |
| FY2012 | $1.06B | +17.7% | 10-K |
| FY2011 | $897.0M | +25.8% | 10-K |
| FY2010 | $713.0M | -0.3% | 10-K |
| FY2009 | $715.0M | -34.9% | 10-K |
| FY2008 | $1.10B | +2.5% | 10-K |
| FY2007 | $1.07B | - | 10-K |