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Philip Morris International Inc. Inventory 2008-2026 | PM

Annual FY2008–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$11.48B

+21.4%YoY vs FY2024Source: 10-KFY2025

From $9.66B in FY2008 to $11.48B in FY2025: 1.2× in 17 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$11.4B+12.5%$11.4B+6.6%Not reportedNot reported
FY25$10.1B+1.6%$10.7B+14.3%$10.3B+9.7%$11.5B+21.4%
FY24$10.0B−6.9%$9.4B−5.2%$9.4B−3.0%$9.5B−12.3%
FY23$10.7B+23.4%$9.9B+31.1%$9.6B+34.8%$10.8B+9.0%
FY22$8.7B−3.7%$7.6B−13.1%$7.2B−12.5%$9.9B+13.4%

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.

Key Statistics

Trend DirectionStable
CAGR

+3.7%

FY2020
$9.59B
FY2025
$11.48B

5 years selected · on the chart

Inventory History

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

  1. $11.48B
YoY changeLargest recent move+13.4%in FY22Latest +21.4%

Inventory, period by period

PeriodValueChangeSource
FY2025$11.48B+21.4%10-K
FY2024$9.45B−12.3%10-K
FY2023$10.77B+9.0%10-K
FY2022$9.89B+13.4%10-K
FY2021$8.72B−9.1%10-K
FY2020$9.59B+3.9%10-K
FY2019$9.23B+4.9%10-K
FY2018$8.80B0.0%flat10-K
FY2017$8.81B−2.3%10-K
FY2016$9.02B+6.4%10-K
FY2015$8.47B−1.4%10-K
FY2014$8.59B−12.7%10-K
FY2013$9.85B+10.0%10-K
FY2012$8.95B+10.2%10-K
FY2011$8.12B−2.4%10-K
FY2010$8.32B−9.7%10-K
FY2009$9.21B−4.7%10-K
FY2008$9.66B—10-K

What is inventory?

Inventory includes raw materials, work-in-progress, and finished goods held for sale in the ordinary course of business.

What is Philip Morris International Inc.'s current inventory?

Philip Morris International Inc. (PM) annual inventory for 2025 was $11.48B, a 21.42% increase from 2024. Philip Morris International Inc. inventory for the quarter ending June 30, 2026 was $11.44B.

What was Philip Morris International Inc.'s inventory in 2024?

Philip Morris International Inc. annual inventory for 2024 was $9.45B, a 12.26% decline from 2023.

What was Philip Morris International Inc.'s inventory in 2023?

Philip Morris International Inc. annual inventory for 2023 was $10.77B, a 8.98% increase from 2022.

What is Philip Morris International Inc.'s 5-year inventory CAGR?

Philip Morris International Inc. inventory grew at a compound annual growth rate (CAGR) of 3.66% from FY2020 to FY2025, going from $9.59B to $11.48B over 5 years.

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