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Philip Morris International Inc. Capital Expenditures 2007-2026 | PM

Annual FY2007–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$1.57B

+8.7%YoY vs FY2024Source: 10-KFY2025

From $1.07B in FY2007 to $1.57B in FY2025: 1.5× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$353M−12.6%$380M+6.7%Not reportedNot reported
FY25$404M−3.1%$356M−3.8%$365M−3.7%$444M+59.7%
FY24$417M+49.5%$370M+2.8%$379M+2.2%$278M−10.6%
FY23$279M+21.8%$360M+44.6%$371M+47.2%$311M−10.4%
FY22$229M+27.9%$249M+94.5%$252M+65.8%$347M+20.1%
Share27%23%24%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+21.1%

FY2020
$602.0M
FY2025
$1.57B

5 years selected · on the chart

01—History

Capital Expenditures History

Year-over-year comparison from 10-K annual reports

  19. $1.57B
YoY changeLargest recent move+44.0%in FY22Latest +8.7%

02—Ledger

Capital Expenditures, period by period

PeriodValueChangeSource
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

03—Questions

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 June 30, 2026 was $380.0M.

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.

Company
Philip Morris International Inc.
Ticker
PM
Sector
Other
Industry
Cigarettes
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