Philip Morris International Inc (PM) - Total Assets
Based on the latest financial reports, Philip Morris International Inc (PM) holds total assets worth $69.19 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See net assets of Philip Morris International Inc for net asset value and shareholders' equity analysis.
Philip Morris International Inc - Total Assets Trend (2003–2025)
This chart illustrates how Philip Morris International Inc's total assets have evolved over time, based on quarterly financial data.
Philip Morris International Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Philip Morris International Inc's total assets of $69.19 Billion consist of 35.2% current assets and 64.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.0% |
| Accounts Receivable | $5.81 Billion | 8.4% |
| Inventory | $11.48 Billion | 16.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.88 Billion | 15.7% |
| Goodwill | $17.26 Billion | 25.0% |
Asset Composition Trend (2003–2025)
This chart illustrates how Philip Morris International Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Philip Morris International Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Philip Morris International Inc's current assets represent 35.2% of total assets in 2025, a decrease from 62.7% in 2003.
- Cash Position: Cash and equivalents constituted 7.0% of total assets in 2025, down from 17.9% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, an increase from 11.0% in 2003.
- Asset Diversification: The largest asset category is goodwill at 25.0% of total assets.
Philip Morris International Inc Competitors by Total Assets
Key competitors of Philip Morris International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Karelia Tobacco Company Inc
AT:KARE
|
Greece | €968.15 Million |
|
Philip Morris CR A.S.
PR:TABAK
|
Czech Republic | Kč18.50 Billion |
|
Scandinavian Tobacco Group A/S
CO:STG
|
Denmark | Dkr16.36 Billion |
|
ITC Limited
NSE:ITC
|
India | Rs908.03 Billion |
|
VST Industries Limited
NSE:VSTIND
|
India | Rs18.86 Billion |
|
Golden Tobacco Limited
NSE:GOLDENTOBC
|
India | Rs1.49 Billion |
|
Hanjaya Mandala Sampoerna Tbk PT
JK:HMSP
|
Indonesia | Rp51.56 Trillion |
|
Gudang Garam Tbk
JK:GGRM
|
Indonesia | Rp75.25 Trillion |
Philip Morris International Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.96 | 0.88 | 1.18 |
| Quick Ratio | 0.51 | 0.47 | 0.58 |
| Cash Ratio | 0.00 | 0.18 | 0.00 |
| Working Capital | $-1.06 Billion | $-2.75 Billion | $2.69 Billion |
Philip Morris International Inc - Advanced Valuation Insights
This section examines the relationship between Philip Morris International Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 3.74 |
| Asset Growth Rate (YoY) | 12.0% |
| Total Assets | $69.19 Billion |
| Market Capitalization | $259.00 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Philip Morris International Inc's assets at a significant premium (3.74x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Philip Morris International Inc's assets grew by 12.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Philip Morris International Inc (2003–2025)
The table below shows the annual total assets of Philip Morris International Inc from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $69.19 Billion | +11.98% |
| 2024-12-31 | $61.78 Billion | -5.39% |
| 2023-12-31 | $65.30 Billion | +5.87% |
| 2022-12-31 | $61.68 Billion | +49.38% |
| 2021-12-31 | $41.29 Billion | -7.87% |
| 2020-12-31 | $44.81 Billion | +4.52% |
| 2019-12-31 | $42.88 Billion | +7.72% |
| 2018-12-31 | $39.80 Billion | -7.37% |
| 2017-12-31 | $42.97 Billion | +16.60% |
| 2016-12-31 | $36.85 Billion | +8.53% |
| 2015-12-31 | $33.96 Billion | -3.50% |
| 2014-12-31 | $35.19 Billion | -7.81% |
| 2013-12-31 | $38.17 Billion | +1.32% |
| 2012-12-31 | $37.67 Billion | +6.15% |
| 2011-12-31 | $35.49 Billion | +1.25% |
| 2010-12-31 | $35.05 Billion | +1.44% |
| 2009-12-31 | $34.55 Billion | +4.79% |
| 2008-12-31 | $32.97 Billion | +2.90% |
| 2007-12-31 | $32.04 Billion | +22.68% |
| 2006-12-31 | $26.12 Billion | +12.90% |
| 2005-12-31 | $23.14 Billion | +8.85% |
| 2004-12-31 | $21.25 Billion | +20.56% |
| 2003-12-31 | $17.63 Billion | -- |
About 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.