Philip Morris International Inc (PM) — Net Asset Quality Index
Philip Morris International Inc (PM) has a Net Asset Quality Index of -10.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $68.91 Billion minus total liabilities of $76.21 Billion yields net assets of $-7.30 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check PM cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Philip Morris International Inc Net Asset Quality Index Over Time (2003–2025)
This chart shows how Philip Morris International Inc's Net Asset Quality Index has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the index stands at -10.6%, representing net assets of $-7.30 Billion against total assets of $68.91 Billion USD. See Philip Morris International Inc (PM) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Philip Morris International Inc (2003–2025)
The table below presents the year-by-year Net Asset Quality Index for Philip Morris International Inc from 2003 to 2025, covering 23 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Philip Morris International Inc stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -11.6% | $-8.03 Billion | $69.19 Billion | $77.21 Billion | ▲ +4.4 pp |
| 2024 | -16.0% | $-9.87 Billion | $61.78 Billion | $71.65 Billion | ▼ -1.5 pp |
| 2023 | -14.5% | $-9.45 Billion | $65.30 Billion | $74.75 Billion | ▼ -4.2 pp |
| 2022 | -10.2% | $-6.31 Billion | $61.68 Billion | $67.99 Billion | ▲ +9.6 pp |
| 2021 | -19.9% | $-8.21 Billion | $41.29 Billion | $49.50 Billion | ▲ +3.8 pp |
| 2020 | -23.7% | $-10.63 Billion | $44.81 Billion | $55.45 Billion | ▼ -1.3 pp |
| 2019 | -22.4% | $-9.60 Billion | $42.88 Billion | $52.47 Billion | ▲ +4.6 pp |
| 2018 | -27.0% | $-10.74 Billion | $39.80 Billion | $50.54 Billion | ▼ -3.2 pp |
| 2017 | -23.8% | $-10.23 Billion | $42.97 Billion | $53.20 Billion | ▲ +5.8 pp |
| 2016 | -29.6% | $-10.90 Billion | $36.85 Billion | $47.75 Billion | ▲ +4.2 pp |
| 2015 | -33.8% | $-11.48 Billion | $33.96 Billion | $45.43 Billion | ▼ -2.0 pp |
| 2014 | -31.8% | $-11.20 Billion | $35.19 Billion | $46.39 Billion | ▼ -15.4 pp |
| 2013 | -16.4% | $-6.27 Billion | $38.17 Billion | $44.44 Billion | ▼ -11.5 pp |
| 2012 | -4.9% | $-1.85 Billion | $37.67 Billion | $39.52 Billion | ▼ -9.9 pp |
| 2011 | 5.0% | $1.76 Billion | $35.49 Billion | $33.73 Billion | ▼ -9.6 pp |
| 2010 | 14.6% | $5.12 Billion | $35.05 Billion | $29.93 Billion | ▼ -3.2 pp |
| 2009 | 17.8% | $6.14 Billion | $34.55 Billion | $28.41 Billion | ▼ -5.0 pp |
| 2008 | 22.7% | $7.50 Billion | $32.97 Billion | $25.47 Billion | ▼ -25.3 pp |
| 2007 | 48.1% | $15.40 Billion | $32.04 Billion | $16.64 Billion | ▼ -6.6 pp |
| 2006 | 54.6% | $14.27 Billion | $26.12 Billion | $11.85 Billion | ▲ +10.1 pp |
| 2005 | 44.6% | $10.31 Billion | $23.14 Billion | $12.83 Billion | ▼ -16.7 pp |
| 2004 | 61.3% | $13.03 Billion | $21.25 Billion | $8.22 Billion | ▲ +1.8 pp |
| 2003 | 59.5% | $10.49 Billion | $17.63 Billion | $7.14 Billion | — |