Philip Morris International (PM) Debt/Equity Ratio: History & Chart

Philip Morris International Inc. (PM)PMPhilip Morris International Inc.

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.

Stamford, CT

84,900 employees

www.pmi.com

Consumer Defensive / Tobacco

Sector: Consumer Defensive
Industry: Tobacco
CEO: Jacek Olczak

View full financials

PM Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

-5.72

DEBT TO EQUITY RATIO AVG TTM

-5.02

DEBT TO EQUITY RATIO AVG 3Y

-4.83

DEBT TO EQUITY RATIO AVG 5Y

-4.29

DEBT TO EQUITY RATIO AVG 10Y

-3.46

DEBT TO EQUITY RATIO AVG 15Y

-3.44

DEBT TO EQUITY RATIO AVG 20Y

-2.04

CURRENT VS TTM AVG

-14.00%

CURRENT VS 3Y AVG

-18.44%

CURRENT VS 5Y AVG

-33.49%

CURRENT VS 10Y AVG

-65.41%

CURRENT VS 15Y AVG

-66.46%

CURRENT VS 20Y AVG

-180.72%

SECTOR MEDIAN · CONSUMER DEFENSIVE

1.09

median of 44 covered companies

CURRENT VS SECTOR MEDIAN

-622.57%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Philip Morris International Inc. (PM)	$289.54B	-5.72	-5.02	-4.83	-4.29
The Procter & Gamble Company (PG)vs ›	$342.98B	0.64	0.66	0.69	0.69
The Coca-Cola Company (KO)vs ›	$374.39B	1.20	1.63	1.65	1.80
PepsiCo, Inc. (PEP)vs ›	$188.63B	2.41	2.47	2.42	2.59
Costco Wholesale Corporation (COST)vs ›	$421.04B	0.25	0.39	0.40	0.47
Anheuser-Busch InBev SA/NV (BUD)vs ›	$155.90B	0.77	0.88	0.95	1.09
Altria Group, Inc. (MO)vs ›	$108.22B	-9.21	7.45	4.38	3.85
Monster Beverage Corporation (MNST)vs ›	$89.14B	N/A	0.03	0.01	0.01
Mondelez International, Inc. (MDLZ)vs ›	$78.95B	0.83	0.78	0.78	0.76
Colgate-Palmolive Company (CL)vs ›	$74.09B	33.29	94.04	56.52	41.67

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Philip Morris International Inc. (PM)

$289.54B

-5.72

-5.02

-4.83

-4.29

The Procter & Gamble Company (PG)vs ›

$342.98B

0.64

0.66

0.69

The Coca-Cola Company (KO)vs ›

$374.39B

1.20

1.63

1.65

1.80

PepsiCo, Inc. (PEP)vs ›

$188.63B

2.41

2.47

2.42

2.59

Costco Wholesale Corporation (COST)vs ›

$421.04B

0.25

0.39

0.40

0.47

Anheuser-Busch InBev SA/NV (BUD)vs ›

$155.90B

0.77

0.88

0.95

1.09

Altria Group, Inc. (MO)vs ›

$108.22B

-9.21

7.45

4.38

3.85

Monster Beverage Corporation (MNST)vs ›

$89.14B

N/A

0.03

0.01

Mondelez International, Inc. (MDLZ)vs ›

$78.95B

0.83

0.78

0.76

Colgate-Palmolive Company (CL)vs ›

$74.09B

33.29

94.04

56.52

41.67

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Philip Morris International Inc. (PM)?

The debt to equity ratio for PM stock is -5.72.

Is Philip Morris International Inc.'s debt to equity ratio high or low?

The debt to equity ratio of -5.72 is 33% below its 5-year average of -4.29, near the low end of its 5-year range (-5.72–-2.62).

What is the TTM average debt to equity ratio for Philip Morris International Inc. (PM)?

The TTM average debt to equity ratio for PM stock is -5.02.

What is the 3Y average debt to equity ratio for Philip Morris International Inc. (PM)?

The 3Y average debt to equity ratio for PM stock is -4.83.

What is the 5Y average debt to equity ratio for Philip Morris International Inc. (PM)?

The 5Y average debt to equity ratio for PM stock is -4.29.

What is the 10Y average debt to equity ratio for Philip Morris International Inc. (PM)?

The 10Y average debt to equity ratio for PM stock is -3.46.

What is the 15Y average debt to equity ratio for Philip Morris International Inc. (PM)?

The 15Y average debt to equity ratio for PM stock is -3.44.

What is the 20Y average debt to equity ratio for Philip Morris International Inc. (PM)?

The 20Y average debt to equity ratio for PM stock is -2.04.

DATE	DEBT TO EQUITY RATIO
2026-06-30	-5.72
2026-03-31	-5.60
2025-12-31	-4.89
2025-09-30	-4.59
2025-06-30	-4.30
2025-03-31	-4.55
2024-12-31	-3.89
2024-09-30	-5.08
2024-06-30	-5.04
2024-03-31	-4.89
2023-12-31	-4.27
2023-09-30	-5.06
2023-06-30	-4.94
2023-03-31	-5.28
2022-12-31	-4.81
2022-09-30	-2.98
2022-06-30	-3.10
2022-03-31	-2.91
2021-12-31	-2.75
2021-09-30	-2.76
2021-06-30	-2.62
2021-03-31	-2.55
2020-12-31	-2.51
2020-09-30	-2.44
2020-06-30	-2.47
2020-03-31	-2.19
2019-12-31	-2.68
2019-09-30	-2.89
2019-06-30	-2.67
2019-03-31	-2.53
2018-12-31	-2.55
2018-09-30	-2.71
2018-06-30	-2.66
2018-03-31	-2.82
2017-12-31	-2.84
2017-09-30	-2.98
2017-06-30	-2.64
2017-03-31	-2.53
2016-12-31	-2.29
2016-09-30	-2.48
2016-06-30	-2.39
2016-03-31	-2.34
2015-12-31	-2.15
2015-09-30	-2.13
2015-06-30	-2.22
2015-03-31	-2.25
2014-12-31	-2.33
2014-09-30	-2.85
2014-06-30	-3.18
2014-03-31	-3.45
2013-12-31	-3.56
2013-09-30	-3.61
2013-06-30	-4.67
2013-03-31	-5.93
2012-12-31	-6.57
2012-09-30	-15.15
2012-06-30	-15.23
2012-03-31	186.08
2011-12-31	80.98
2011-09-30	8.34
2011-06-30	4.61
2011-03-31	4.22
2010-12-31	4.71
2010-09-30	3.85
2010-06-30	3.75
2010-03-31	3.28
2009-12-31	2.70
2009-09-30	2.25
2009-06-30	2.21
2009-03-31	2.38
2008-12-31	1.59
2008-09-30	0.96
2008-06-30	0.60
2008-03-31	0.51
2007-12-31	0.41
2007-09-30	0.00
2007-06-30	0.00
2007-03-31	0.00
2006-12-31	0.20
2001-09-30	-0.39
2001-08-01	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

-5.72

2026-03-31

-5.60

2025-12-31

-4.89

2025-09-30

-4.59

2025-06-30

-4.30

2025-03-31

-4.55

2024-12-31

-3.89

2024-09-30

-5.08

2024-06-30

-5.04

2024-03-31

-4.89

2023-12-31

-4.27

2023-09-30

-5.06

2023-06-30

-4.94

2023-03-31

-5.28

2022-12-31

-4.81

2022-09-30

-2.98

2022-06-30

-3.10

2022-03-31

-2.91

2021-12-31

-2.75

2021-09-30

-2.76

2021-06-30

-2.62

2021-03-31

-2.55

2020-12-31

-2.51

2020-09-30

-2.44

2020-06-30

-2.47

2020-03-31

-2.19

2019-12-31

-2.68

2019-09-30

-2.89

2019-06-30

-2.67

2019-03-31

-2.53

2018-12-31

-2.55

2018-09-30

-2.71

2018-06-30

-2.66

2018-03-31

-2.82

2017-12-31

-2.84

2017-09-30

-2.98

2017-06-30

-2.64

2017-03-31

-2.53

2016-12-31

-2.29

2016-09-30

-2.48

2016-06-30

-2.39

2016-03-31

-2.34

2015-12-31

-2.15

2015-09-30

-2.13

2015-06-30

-2.22

2015-03-31

-2.25

2014-12-31

-2.33

2014-09-30

-2.85

2014-06-30

-3.18

2014-03-31

-3.45

2013-12-31

-3.56

2013-09-30

-3.61

2013-06-30

-4.67

2013-03-31

-5.93

2012-12-31

-6.57

2012-09-30

-15.15

2012-06-30

-15.23

2012-03-31

186.08

2011-12-31

80.98

2011-09-30

8.34

2011-06-30

4.61

2011-03-31

4.22

2010-12-31

4.71

2010-09-30

3.85

2010-06-30

3.75

2010-03-31

3.28

2009-12-31

2.70

2009-09-30

2.25

2009-06-30

2.21

2009-03-31

2.38

2008-12-31

1.59

2008-09-30

0.96

2008-06-30

0.60

2008-03-31

0.51

2007-12-31

0.41

2007-09-30

0.00

2007-06-30

0.00

2007-03-31

0.00

2006-12-31

0.20

2001-09-30

-0.39

2001-08-01

0.00

Debt to Equity Ratio: -5.72

PM Debt to Equity Ratio

PM Average Debt to Equity Ratio Chart

PM Current vs Average Debt to Equity Ratio Chart

PM Debt to Equity Ratio Metrics

PM Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

PM Debt to Equity Ratio History

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