Philip Morris International Inc
Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.
Philip Morris International Inc (PM) - Net Assets
Latest net assets as of December 2025: $-8.03 Billion USD
Based on the latest financial reports, Philip Morris International Inc (PM) has net assets worth $-8.03 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($69.19 Billion) and total liabilities ($77.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-8.03 Billion |
| % of Total Assets | -11.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 68.06 |
Philip Morris International Inc - Net Assets Trend (2003–2025)
This chart illustrates how Philip Morris International Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Philip Morris International Inc (2003–2025)
The table below shows the annual net assets of Philip Morris International Inc from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-8.03 Billion | +18.66% |
| 2024-12-31 | $-9.87 Billion | -4.49% |
| 2023-12-31 | $-9.45 Billion | -49.68% |
| 2022-12-31 | $-6.31 Billion | +23.11% |
| 2021-12-31 | $-8.21 Billion | +22.79% |
| 2020-12-31 | $-10.63 Billion | -10.75% |
| 2019-12-31 | $-9.60 Billion | +10.62% |
| 2018-12-31 | $-10.74 Billion | -4.98% |
| 2017-12-31 | $-10.23 Billion | +6.15% |
| 2016-12-31 | $-10.90 Billion | +5.02% |
| 2015-12-31 | $-11.48 Billion | -2.44% |
| 2014-12-31 | $-11.20 Billion | -78.56% |
| 2013-12-31 | $-6.27 Billion | -238.59% |
| 2012-12-31 | $-1.85 Billion | -205.10% |
| 2011-12-31 | $1.76 Billion | -65.57% |
| 2010-12-31 | $5.12 Billion | -16.66% |
| 2009-12-31 | $6.14 Billion | -18.07% |
| 2008-12-31 | $7.50 Billion | -51.30% |
| 2007-12-31 | $15.40 Billion | +7.95% |
| 2006-12-31 | $14.27 Billion | +38.42% |
| 2005-12-31 | $10.31 Billion | -20.89% |
| 2004-12-31 | $13.03 Billion | +24.19% |
| 2003-12-31 | $10.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Philip Morris International Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3540000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $35.40 Billion | % |
| Other Comprehensive Income | $-12.30 Billion | % |
| Total Equity | $-9.99 Billion | 100.00% |
Philip Morris International Inc Competitors by Market Cap
The table below lists competitors of Philip Morris International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Construction Bank Corp
PINK:CICHY
|
$271.92 Billion |
|
Lam Research Corp
NASDAQ:LRCX
|
$272.81 Billion |
|
Applied Materials Inc
NASDAQ:AMAT
|
$273.53 Billion |
|
General Electric Company
SA:GEOO34
|
$274.09 Billion |
|
ASML Holding NV
PINK:ASMLF
|
$267.08 Billion |
|
Oracle Corporation
NYSE:ORCL
|
$266.15 Billion |
|
Agricultural Bank of China PK
PINK:ACGBY
|
$259.69 Billion |
|
Nestle SA
PINK:NSRGF
|
$258.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Philip Morris International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -11,750,000,000 to -9,994,000,000, a change of 1,756,000,000.
- Net income of 11,504,000,000 contributed positively to equity growth.
- Dividend payments of 8,624,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 982,000,000.
- Other factors decreased equity by 142,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.50 Billion | +115.11% |
| Dividends Paid | $8.62 Billion | -86.29% |
| Other Comprehensive Income | $-982.00 Million | -9.83% |
| Other Changes | $-142.00 Million | -1.42% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Philip Morris International Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $5.15 | $174.78 | x |
| 2004-12-31 | $6.32 | $174.78 | x |
| 2005-12-31 | $4.93 | $174.78 | x |
| 2006-12-31 | $6.76 | $174.78 | x |
| 2007-12-31 | $7.30 | $174.78 | x |
| 2008-12-31 | $3.61 | $174.78 | x |
| 2009-12-31 | $2.93 | $174.78 | x |
| 2010-12-31 | $1.90 | $174.78 | x |
| 2011-12-31 | $0.13 | $174.78 | x |
| 2012-12-31 | $-2.05 | $174.78 | x |
| 2013-12-31 | $-4.79 | $174.78 | x |
| 2014-12-31 | $-8.06 | $174.78 | x |
| 2015-12-31 | $-8.55 | $174.78 | x |
| 2016-12-31 | $-8.18 | $174.78 | x |
| 2017-12-31 | $-7.78 | $174.78 | x |
| 2018-12-31 | $-8.01 | $174.78 | x |
| 2019-12-31 | $-7.44 | $174.78 | x |
| 2020-12-31 | $-8.07 | $174.78 | x |
| 2021-12-31 | $-5.26 | $174.78 | x |
| 2022-12-31 | $-5.77 | $174.78 | x |
| 2023-12-31 | $-7.23 | $174.78 | x |
| 2024-12-31 | $-7.55 | $174.78 | x |
| 2025-12-31 | $-6.64 | $174.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Philip Morris International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.34%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (190.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 37.89% | 11.91% | 1.89x | 1.68x | $2.93 Billion |
| 2004 | 35.08% | 25.99% | 0.83x | 1.63x | $3.27 Billion |
| 2005 | 54.53% | 12.41% | 1.96x | 2.24x | $4.59 Billion |
| 2006 | 43.08% | 29.59% | 0.80x | 1.83x | $4.72 Billion |
| 2007 | 39.13% | 26.43% | 0.71x | 2.08x | $4.49 Billion |
| 2008 | 91.87% | 26.80% | 0.78x | 4.40x | $6.14 Billion |
| 2009 | 110.95% | 25.33% | 0.72x | 6.04x | $5.77 Billion |
| 2010 | 207.05% | 26.68% | 0.78x | 10.00x | $6.91 Billion |
| 2011 | 3751.53% | 27.63% | 0.88x | 154.97x | $8.57 Billion |
| 2012 | 0.00% | 28.05% | 0.83x | 0.00x | $9.15 Billion |
| 2013 | 0.00% | 27.47% | 0.82x | 0.00x | $9.35 Billion |
| 2014 | 0.00% | 25.17% | 0.85x | 0.00x | $8.76 Billion |
| 2015 | 0.00% | 25.65% | 0.79x | 0.00x | $8.20 Billion |
| 2016 | 0.00% | 26.11% | 0.72x | 0.00x | $8.24 Billion |
| 2017 | 0.00% | 20.99% | 0.67x | 0.00x | $7.24 Billion |
| 2018 | 0.00% | 26.70% | 0.74x | 0.00x | $9.16 Billion |
| 2019 | 0.00% | 24.11% | 0.70x | 0.00x | $8.34 Billion |
| 2020 | 0.00% | 28.08% | 0.64x | 0.00x | $9.31 Billion |
| 2021 | 0.00% | 7.10% | 0.76x | 0.00x | $3.05 Billion |
| 2022 | 0.00% | 28.49% | 0.51x | 0.00x | $9.94 Billion |
| 2023 | 0.00% | 22.15% | 0.54x | 0.00x | $8.91 Billion |
| 2024 | 0.00% | 18.57% | 0.61x | 0.00x | $8.21 Billion |
| 2025 | 0.00% | 28.34% | 0.59x | 0.00x | $12.50 Billion |
Industry Comparison
This section compares Philip Morris International Inc's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $5,858,986,463,090
- Average return on equity (ROE) among peers: -0.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Philip Morris International Inc (PM) | $-8.03 Billion | 37.89% | N/A | $271.38 Billion |
| American Cannabis Company Inc (AMMJ) | $-2.10 Million | 0.00% | 0.00x | $92.90K |
| British American Tobacco p.l.c. (BTI) | $67.40 Billion | 10.09% | 1.04x | $124.44 Billion |
| 1606 Corp. (CBDW) | $-1.41 Million | 0.00% | 0.00x | $850.32K |
| Charlie's Holdings Inc. (CHUC) | $-6.00 Million | 0.00% | 0.00x | $6.72 Million |
| Cartel Blue Inc (CRTL) | $248.02K | -148.21% | 3.77x | $186.58 |
| Eco-Growth Strategies Inc (ECGS) | $-8.24 Million | 0.00% | 0.00x | $1.14K |
| PT Gudang Garam Tbk (GDNGY) | $58.52 Trillion | 13.07% | 0.34x | $1.07 Billion |
| Globrands Ltd (GLBGF) | $47.77 Million | 124.48% | 9.33x | $53.17 Million |
| Greenlane Holdings Inc (GNLN) | $-11.06 Million | 0.00% | 0.00x | $995.49K |
| Gold Flora Corp (GRAMW) | $-23.58 Million | 0.00% | 0.00x | $287.49K |