Philip Morris International Inc. logo
PMPhilip Morris International Inc.

Debt to Assets Ratio: 75.38%

popular:market cap|pe ratio|revenue|price history|total return

Is the debt to assets ratio high or low?

The debt to assets ratio of 75.38% is in line with its 5-year average of 72.97%, near the high end of its 5-year range (66.85%–77.41%).

As of Sunday, June 28, 2026. 1.33% above its 12-month average of 74.39%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

PM Debt to Assets Ratio

75.38%

Reported quarterly debt to assets ratio; no daily interpolation.

+5.19% 5Y
PM Debt to Assets Ratio

PM Average Debt to Assets Ratio Chart

PM Debt to Assets Ratio

PM Current vs Average Debt to Assets Ratio Chart

PM Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

75.38%

DEBT TO ASSETS RATIO AVG TTM

74.39%

DEBT TO ASSETS RATIO AVG 3Y

75.27%

DEBT TO ASSETS RATIO AVG 5Y

72.97%

DEBT TO ASSETS RATIO AVG 10Y

76.01%

DEBT TO ASSETS RATIO AVG 15Y

75.74%

DEBT TO ASSETS RATIO AVG 20Y

69.60%

CURRENT VS TTM AVG

+1.33%

CURRENT VS 3Y AVG

+0.14%

CURRENT VS 5Y AVG

+3.31%

CURRENT VS 10Y AVG

-0.82%

CURRENT VS 15Y AVG

-0.48%

CURRENT VS 20Y AVG

+8.30%

PM Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Philip Morris International Inc. (PM)$281.74B75.38%74.39%75.27%72.97%
The Procter & Gamble Company (PG)vs ›$346.84B0.28%N/AN/AN/A
The Coca-Cola Company (KO)vs ›$355.51B0.43%N/AN/AN/A
PepsiCo, Inc. (PEP)vs ›$193.27B0.46%N/AN/AN/A
Anheuser-Busch InBev SA/NV (BUD)vs ›$164.54B0.33%N/AN/AN/A
Costco Wholesale Corporation (COST)vs ›$422.43B0.11%N/AN/AN/A
Altria Group, Inc. (MO)vs ›$123.22B0.73%N/AN/AN/A
Monster Beverage Corporation (MNST)vs ›$94.26B0.00%N/AN/AN/A
Mondelez International, Inc. (MDLZ)vs ›$78.03B0.31%N/AN/AN/A
Colgate-Palmolive Company (CL)vs ›$73.67B0.49%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

75.4%

Debt/Equity

-4.89

Current Ratio

0.96

Interest Coverage

9.4x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Philip Morris International Inc. (PM)?
The debt to assets ratio for PM stock is 75.38%.
Is Philip Morris International Inc.'s debt to assets ratio high or low?
The debt to assets ratio of 75.38% is in line with its 5-year average of 72.97%, near the high end of its 5-year range (66.85%–77.41%).
What is the TTM average debt to assets ratio for Philip Morris International Inc. (PM)?
The TTM average debt to assets ratio for PM stock is 74.39%.
What is the 3Y average debt to assets ratio for Philip Morris International Inc. (PM)?
The 3Y average debt to assets ratio for PM stock is 75.27%.
What is the 5Y average debt to assets ratio for Philip Morris International Inc. (PM)?
The 5Y average debt to assets ratio for PM stock is 72.97%.
What is the 10Y average debt to assets ratio for Philip Morris International Inc. (PM)?
The 10Y average debt to assets ratio for PM stock is 76.01%.
What is the 15Y average debt to assets ratio for Philip Morris International Inc. (PM)?
The 15Y average debt to assets ratio for PM stock is 75.74%.
What is the 20Y average debt to assets ratio for Philip Morris International Inc. (PM)?
The 20Y average debt to assets ratio for PM stock is 69.60%.

PM Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-3175.38%
2025-12-3170.59%
2025-09-3074.68%
2025-06-3075.12%
2025-03-3176.18%
2024-12-3173.96%
2024-09-3073.58%
2024-06-3074.70%
2024-03-3177.14%
2023-12-3173.36%
2023-09-3075.83%
2023-06-3077.41%
2023-03-3175.93%
2022-12-3169.91%
2022-09-3066.85%
2022-06-3068.49%
2022-03-3170.34%
2021-12-3167.34%
2021-09-3069.98%
2021-06-3071.67%
2021-03-3173.86%
2020-12-3170.37%
2020-09-3075.37%
2020-06-3075.65%
2020-03-3175.67%
2019-12-3172.41%
2019-09-3076.81%
2019-06-3074.87%
2019-03-3179.55%
2018-12-3179.79%
2018-09-3080.67%
2018-06-3077.76%
2018-03-3180.91%
2017-12-3179.92%
2017-09-3080.99%
2017-06-3082.12%
2017-03-3185.58%
2016-12-3178.88%
2016-09-3084.57%
2016-06-3086.11%
2016-03-3186.05%
2015-12-3183.87%
2015-09-3090.30%
2015-06-3089.27%
2015-03-3191.97%
2014-12-3183.71%
2014-09-3081.48%
2014-06-3081.24%
2014-03-3182.13%
2013-12-3172.52%
2013-09-3072.84%
2013-06-3068.66%
2013-03-3168.41%
2012-12-3160.63%
2012-09-3058.57%
2012-06-3058.11%
2012-03-3157.26%
2011-12-3152.26%
2011-09-3049.03%
2011-06-3045.99%
2011-03-3147.40%
2010-12-3147.08%
2010-09-3047.31%
2010-06-3045.71%
2010-03-3146.85%
2009-12-3144.62%
2009-09-3042.28%
2009-06-3042.48%
2009-03-3145.72%
2008-12-3136.28%
2008-09-3031.57%
2008-06-3024.25%
2008-03-3123.91%
2007-12-3119.68%
2006-12-3110.67%
2001-09-308.02%
2001-08-010.00%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll Metrics

About Philip Morris International Inc.

Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.

New York City, NY
83,100 employees
www.pmi.com
Consumer Defensive / Tobacco
Sector
Consumer Defensive
Industry
Tobacco
CEO
Jacek Olczak
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