Latest period
$51.95B
YoY change
+6.9%
5Y CAGR
+9.1%
Peak year (2025)
$48.84B
Latest annual
$48.84B
Total Debt history chart for Philip Morris International (PM) from 2001 to 2025
Latest: $48.84B
Total Debt growth chart for Philip Morris International (PM) from 2001 to 2025
Latest: +6.9%
Total Debt history table for Philip Morris International (PM) from 2001 to 2025
| 2025 | $48.84B | +6.9% | +$3.14B | ||
| 2024 | $45.70B | -4.6% | −$2.21B | ||
| 2023 | $47.91B | +11.1% | +$4.79B | ||
| 2022 | $43.12B | +55.1% | +$15.32B | ||
| 2021 | $27.81B | -11.8% | −$3.73B | ||
| 2020 | $31.54B | +1.6% | +$491.00M | ||
| 2019 | $31.05B | -2.2% | −$714.00M | ||
| 2018 | $31.76B | -7.5% | −$2.58B | ||
| 2017 | $34.34B | +18.1% | +$5.27B | ||
| 2016 | $29.07B | +2.1% | +$587.00M | ||
| 2015 | $28.48B | -3.3% | −$975.00M | ||
| 2014 | $29.45B | +6.4% | +$1.78B | ||
| 2013 | $27.68B | +21.2% | +$4.84B | ||
| 2012 | $22.84B | +23.2% | +$4.29B | ||
| 2011 | $18.55B | +12.4% | +$2.04B | ||
| 2010 | $16.50B | +7.0% | +$1.09B | ||
| 2009 | $15.42B | +28.9% | +$3.46B | ||
| 2008 | $11.96B | +89.6% | +$5.65B | ||
| 2007 | $6.31B | +126.4% | +$3.52B | ||
| 2006 | $2.79B | -43.2% | −$2.12B | ||
| 2005 | $4.91B | +574.3% | +$4.18B | ||
| 2004 | $728.00M | — | +$728.00M | ||
| 2003 | $0.00 | — | — | ||
| 2001 | $3.02B | — | — |
- 2025$48.84B+6.9%
- 2024$45.70B-4.6%
- 2023$47.91B+11.1%
- 2022$43.12B+55.1%
- 2021$27.81B-11.8%
- 2020$31.54B+1.6%
- 2019$31.05B-2.2%
- 2018$31.76B-7.5%
- 2017$34.34B+18.1%
- 2016$29.07B+2.1%
- 2015$28.48B-3.3%
- 2014$29.45B+6.4%
- 2013$27.68B+21.2%
- 2012$22.84B+23.2%
- 2011$18.55B+12.4%
- 2010$16.50B+7.0%
- 2009$15.42B+28.9%
- 2008$11.96B+89.6%
- 2007$6.31B+126.4%
- 2006$2.79B-43.2%
- 2005$4.91B+574.3%
- 2004$728.00M—
- 2003$0.00—
- 2001$3.02B—
Total Debt values are taken from Philip Morris International's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Total Debt at Philip Morris International (PM)
According to Philip Morris International's latest reported financial statements, the company's latest reported total debt is $51.95B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Philip Morris International (PM) total debt is $48.84B – grew 6.9% year-over-year.
Philip Morris International total debt has grown on net over the period, with a +9.1% compound annual growth rate over 2020–2025 (5 years).
Across the available history, total debt reached its high of $48.84B in 2025 and its low of $0.00 in 2003.
Philip Morris International Total Debt by Year
Philip Morris International Total Debt 2025: $48.84B
In 2025, Philip Morris International reported total debt of $48.84B, grew 6.9% from 2024. This figure represents the highest annual value in the available history.
Philip Morris International Total Debt 2024: $45.70B
Philip Morris International total debt in 2024 was $45.70B, edged down 4.6% below 2023.
Philip Morris International Total Debt 2023: $47.91B
2023's total debt for Philip Morris International came in at $47.91B, grew 11.1% from 2022.
Philip Morris International Total Debt 2022: $43.12B
Philip Morris International posted total debt of $43.12B in 2022, surged 55.1% from 2021.
Philip Morris International Total Debt 2021: $27.81B
Philip Morris International total debt in 2021 was $27.81B.
See more financial history for Philip Morris International (PM).
Sector peers by Total Debt
Consumer Defensive peers of Philip Morris International (PM), ranked by their latest total debt
| $67.09B | |
| $49.90B | |
| $45.49B | |
| $35.46B | |
| $25.71B | |
| $22.40B | |
| $8.17B | |
| $0.00 |
- $67.09B
- $49.90B
- $45.49B
- $35.46B
- $25.71B
- $8.17B
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