What is the current annual CAPEX of PM?

As of today, PM annual CAPEX is $1.57B

What is 1-year change in PM annual CAPEX?

PM annual CAPEX is up +8.66% year-over-year

What is 3-year change in PM annual CAPEX?

PM annual CAPEX is up +45.68% over the past 3 years

How far is PM annual CAPEX from its all-time high?

PM annual CAPEX is currently at its all-time high

How does PM annual CAPEX rank versus sector peers?

PM annual CAPEX is higher than 94.94% of companies in Consumer Defensive sector

When is PM next annual earnings release?

The next annual earnings release for PM is on February 4, 2027

What is the current quarterly CAPEX of PM?

As of today, PM quarterly CAPEX is $382.00M

What is PM quarterly CAPEX most recent change?

PM quarterly CAPEX was up +0.53% on September 30, 2026

What is 1-year change in PM quarterly CAPEX?

PM quarterly CAPEX is up +4.66% year-over-year

How far is PM quarterly CAPEX from its all-time high?

PM quarterly CAPEX is currently -30.92% below its historical high of $553.00M set on December 31, 2017

How does PM quarterly CAPEX rank versus sector peers?

PM quarterly CAPEX is higher than 94.79% of companies in Consumer Defensive sector

When is PM next earnings release?

The next earnings release for PM is on February 4, 2027

What is the current TTM CAPEX of PM?

As of today, PM TTM CAPEX is $1.56B

What is PM TTM CAPEX most recent change?

PM TTM CAPEX was up +1.10% on September 30, 2026

What is 1-year change in PM TTM CAPEX?

PM TTM CAPEX is up +11.12% year-over-year

How far is PM TTM CAPEX from its all-time high?

PM TTM CAPEX is currently -11.52% below its historical high of $1.76B set on June 30, 2018

How does PM TTM CAPEX rank versus sector peers?

PM TTM CAPEX is higher than 94.79% of companies in Consumer Defensive sector

When is PM next earnings release?

The next earnings release for PM is on February 4, 2027

PM CAPEX History & Chart Since 2003

Annual CAPEX

$1.57B$125.00M+8.66%

December 31, 2025

Summary

Current Value: As of today, PM annual CAPEX is $1.57B, up +8.66% on December 31, 2025
Historical Performance: PM annual CAPEX is up +45.68% over the past 3 years, up +160.63% over the past 5 years
All-Time High Comparison: PM annual CAPEX is currently at its all-time high
3-Year Low Comparison: PM annual CAPEX is +45.68% above its 3-year low of $1.08B reached on an earlier date
Sector Comparison: PM annual CAPEX is higher than 94.94% of companies in Consumer Defensive sector

CAPEX Chart

beforeafter

Performance

PM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual CAPEX	Dec 31, 25	$1.57B	+8.7%	+45.7%	+160.6%	+120.1%
Quarterly CAPEX	Sep 30, 26	$382.00M	+4.7%	+3.0%	+151.3%	+71.3%
TTM CAPEX	Sep 30, 26	$1.56B	+11.1%	+14.9%	+160.3%	+95.4%
Price	Oct 23, 26	$199.47	+26.5%	+119.4%	+105.9%	+185.0%
Annual Cash From Operations	Dec 31, 25	$12.23B	+0.1%	+13.2%	+24.7%	+29.6%
Annual Free Cash Flow	Dec 31, 25	$10.66B	-1.0%	+9.6%	+15.8%	+22.2%
Annual Cash From Investing	Dec 31, 25	-$4.49B	-183.9%	+75.1%	-132.5%	-532.1%
Annual Total Assets	Dec 31, 25	$69.19B	+12.0%	+12.2%	+54.4%	+97.4%
Annual D&A	Dec 31, 25	$2.00B	+11.7%	+67.9%	+103.5%	+114.2%

CAPEX Highs

PM Annual CAPEX Highs Comparison
Period	High	Date	Current
3Y	$1.57B	Dec 31, 25	at high
5Y	$1.57B	Dec 31, 25	at high
All	$1.57B	Dec 31, 25	at high

CAPEX Lows

PM Annual CAPEX Lows Comparison
Period	Low	Date	Current
3Y	$1.08B	N/A	+45.7%
5Y	$602.00M	N/A	+160.6%
All	$586.00M	Dec 31, 03	+167.8%

CAPEX History

Year	Value	Change
2025	$1.57B	+8.7%
2024	$1.44B	+9.3%
2023	$1.32B	+22.7%
2022	$1.08B	+44.0%
2021	$748.00M	+24.3%
2020	$602.00M	-29.3%
2019	$852.00M	-40.7%
2018	$1.44B	-7.2%
2017	$1.55B	+32.1%
2016	$1.17B	+22.1%
2015	$960.00M	-16.7%
2014	$1.15B	-3.9%

Year	Value	Change
2013	$1.20B	+13.6%
2012	$1.06B	+17.7%
2011	$897.00M	+25.8%
2010	$713.00M	-0.3%
2009	$715.00M	-34.9%
2008	$1.10B	+2.5%
2007	$1.07B	+21.0%
2006	$886.00M	+20.4%
2005	$736.00M	+3.5%
2004	$711.00M	+21.3%
2003	$586.00M	-

FAQ

What is the current annual CAPEX of PM?: As of today, PM annual CAPEX is $1.57B
What is 1-year change in PM annual CAPEX?: PM annual CAPEX is up +8.66% year-over-year
What is 3-year change in PM annual CAPEX?: PM annual CAPEX is up +45.68% over the past 3 years
How far is PM annual CAPEX from its all-time high?: PM annual CAPEX is currently at its all-time high
How does PM annual CAPEX rank versus sector peers?: PM annual CAPEX is higher than 94.94% of companies in Consumer Defensive sector
When is PM next annual earnings release?: The next annual earnings release for PM is on February 4, 2027

Quarterly CAPEX

$382.00M$2.00M+0.53%

September 30, 2026

Summary

Current Value: As of today, PM quarterly CAPEX is $382.00M, up +0.53% on September 30, 2026
Historical Performance: PM quarterly CAPEX is up +4.66% year-over-year, up +2.96% over the past 3 years
All-Time High Comparison: PM quarterly CAPEX is currently -30.92% below its historical high of $553.00M set on December 31, 2017
3-Year Low Comparison: PM quarterly CAPEX is +37.41% above its 3-year low of $278.00M reached on December 31, 2024
Sector Comparison: PM quarterly CAPEX is higher than 94.79% of companies in Consumer Defensive sector

Performance

PM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly CAPEX	Sep 30, 26	$382.00M	+0.5%	+4.7%	+3.0%	+151.3%
Annual CAPEX	Dec 31, 25	$1.57B	–	+8.7%	+45.7%	+160.6%
TTM CAPEX	Sep 30, 26	$1.56B	+1.1%	+11.1%	+14.9%	+160.3%
Price	Oct 23, 26	$199.47	+4.4%	+26.5%	+119.4%	+105.9%
Quarterly Cash From Operations	Sep 30, 26	$5.35B	-2.5%	+19.9%	+56.7%	+38.3%
Quarterly Free Cash Flow	Sep 30, 26	$4.97B	-2.8%	+21.3%	+63.3%	+33.7%
Quarterly Cash From Investing	Sep 30, 26	-$632.00M	-243.5%	+32.8%	+73.4%	+66.6%
Quarterly Total Assets	Sep 30, 26	$66.73B	-2.3%	-0.5%	+6.0%	+60.5%
Quarterly D&A	Sep 30, 26	$511.00M	-0.4%	+1.2%	+19.1%	+117.5%

Quarterly CAPEX Highs

PM Quarterly CAPEX Highs Comparison
Period	High	Date	Current
1Y	$444.00M	Dec 31, 25	-14.0%
3Y	$444.00M	Dec 31, 25	-14.0%
5Y	$444.00M	Dec 31, 25	-14.0%
All	$553.00M	Dec 31, 17	-30.9%

Quarterly CAPEX Lows

PM Quarterly CAPEX Lows Comparison
Period	Low	Date	Current
1Y	$353.00M	Mar 31, 26	+8.2%
3Y	$278.00M	Dec 31, 24	+37.4%
5Y	$152.00M	N/A	+151.3%
All	$128.00M	Jun 30, 21	+198.4%

Quarterly CAPEX History

Month	Value	Change
Sep 2026	$382.00M	+0.5%
Jun 2026	$380.00M	+7.6%
Mar 2026	$353.00M	-20.5%
Dec 2025	$444.00M	+21.6%
Sep 2025	$365.00M	+2.5%
Jun 2025	$356.00M	-11.9%
Mar 2025	$404.00M	+45.3%
Dec 2024	$278.00M	-26.6%
Sep 2024	$379.00M	+2.4%
Jun 2024	$370.00M	-11.3%
Mar 2024	$417.00M	+34.1%
Dec 2023	$311.00M	-16.2%
Sep 2023	$371.00M	+3.1%
Jun 2023	$360.00M	+29.0%
Mar 2023	$279.00M	-19.6%
Dec 2022	$347.00M	+37.7%
Sep 2022	$252.00M	+1.2%
Jun 2022	$249.00M	+8.7%
Mar 2022	$229.00M	-20.8%
Dec 2021	$289.00M	+90.1%
Sep 2021	$152.00M	+18.8%
Jun 2021	$128.00M	-28.5%
Mar 2021	$179.00M	+27.9%
Dec 2020	$140.00M	-7.9%
Sep 2020	$152.00M	+8.6%
Jun 2020	$140.00M	-17.6%
Mar 2020	$170.00M	+9.0%
Dec 2019	$156.00M	-19.6%
Sep 2019	$194.00M	+9.0%
Jun 2019	$178.00M	-45.1%
Mar 2019	$324.00M	-3.0%
Dec 2018	$334.00M	+1.8%
Sep 2018	$328.00M	-19.8%
Jun 2018	$409.00M	+12.1%
Mar 2018	$365.00M	-34.0%
Dec 2017	$553.00M	+27.1%
Sep 2017	$435.00M	+62.3%
Jun 2017	$268.00M	-8.2%
Mar 2017	$292.00M	-33.3%
Dec 2016	$438.00M	+72.4%

Month	Value	Change
Sep 2016	$254.00M	0.0%
Jun 2016	$254.00M	+12.4%
Mar 2016	$226.00M	-30.2%
Dec 2015	$324.00M	+45.3%
Sep 2015	$223.00M	+6.2%
Jun 2015	$210.00M	+3.4%
Mar 2015	$203.00M	-41.8%
Dec 2014	$349.00M	+17.9%
Sep 2014	$296.00M	+17.5%
Jun 2014	$252.00M	-1.6%
Mar 2014	$256.00M	-32.5%
Dec 2013	$379.00M	+25.9%
Sep 2013	$301.00M	+7.5%
Jun 2013	$280.00M	+16.7%
Mar 2013	$240.00M	-28.8%
Dec 2012	$337.00M	+38.7%
Sep 2012	$243.00M	-2.4%
Jun 2012	$249.00M	+9.7%
Mar 2012	$227.00M	-31.0%
Dec 2011	$329.00M	+47.5%
Sep 2011	$223.00M	+19.9%
Jun 2011	$186.00M	+17.0%
Mar 2011	$159.00M	-30.9%
Dec 2010	$230.00M	+40.2%
Sep 2010	$164.00M	-3.0%
Jun 2010	$169.00M	+12.7%
Mar 2010	$150.00M	-35.3%
Dec 2009	$232.00M	+45.0%
Sep 2009	$160.00M	-10.1%
Jun 2009	$178.00M	+22.8%
Mar 2009	$145.00M	-47.3%
Dec 2008	$275.00M	+10.0%
Sep 2008	$250.00M	-8.4%
Jun 2008	$273.00M	-9.3%
Mar 2008	$301.00M	-15.9%
Dec 2007	$358.00M	+39.8%
Sep 2007	$256.00M	+12.3%
Jun 2007	$228.00M	-0.9%
Mar 2007	$230.00M	-

FAQ

What is the current quarterly CAPEX of PM?: As of today, PM quarterly CAPEX is $382.00M
What is PM quarterly CAPEX most recent change?: PM quarterly CAPEX was up +0.53% on September 30, 2026
What is 1-year change in PM quarterly CAPEX?: PM quarterly CAPEX is up +4.66% year-over-year
How far is PM quarterly CAPEX from its all-time high?: PM quarterly CAPEX is currently -30.92% below its historical high of $553.00M set on December 31, 2017
How does PM quarterly CAPEX rank versus sector peers?: PM quarterly CAPEX is higher than 94.79% of companies in Consumer Defensive sector
When is PM next earnings release?: The next earnings release for PM is on February 4, 2027

TTM CAPEX

$1.56B$17.00M+1.10%

September 30, 2026

Summary

Current Value: As of today, PM TTM CAPEX is $1.56B, up +1.10% on September 30, 2026
Historical Performance: PM TTM CAPEX is up +11.12% year-over-year, up +14.89% over the past 3 years
All-Time High Comparison: PM TTM CAPEX is currently -11.52% below its historical high of $1.76B set on June 30, 2018
3-Year Low Comparison: PM TTM CAPEX is +18.02% above its 3-year low of $1.32B reached on December 31, 2023
Sector Comparison: PM TTM CAPEX is higher than 94.79% of companies in Consumer Defensive sector

Performance

PM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM CAPEX	Sep 30, 26	$1.56B	+1.1%	+11.1%	+14.9%	+160.3%
Annual CAPEX	Dec 31, 25	$1.57B	–	+8.7%	+45.7%	+160.6%
Quarterly CAPEX	Sep 30, 26	$382.00M	+0.5%	+4.7%	+3.0%	+151.3%
Price	Oct 23, 26	$199.47	+4.4%	+26.5%	+119.4%	+105.9%
TTM Cash From Operations	Sep 30, 26	$15.15B	+6.2%	+31.5%	+68.5%	+36.6%
TTM Free Cash Flow	Sep 30, 26	$13.60B	+6.9%	+34.3%	+78.0%	+29.5%
TTM Cash From Investing	Sep 30, 26	-$1.46B	+17.4%	+60.1%	+93.2%	+56.7%
Quarterly Total Assets	Sep 30, 26	$66.73B	-2.3%	-0.5%	+6.0%	+60.5%
TTM D&A	Sep 30, 26	$2.06B	+0.3%	+5.3%	+2.8%	+107.4%

TTM CAPEX Highs

PM TTM CAPEX Highs Comparison
Period	High	Date	Current
1Y	$1.57B	Dec 31, 25	-0.6%
3Y	$1.57B	Dec 31, 25	-0.6%
5Y	$1.57B	Dec 31, 25	-0.6%
All	$1.76B	Jun 30, 18	-11.5%

TTM CAPEX Lows

PM TTM CAPEX Lows Comparison
Period	Low	Date	Current
1Y	$1.40B	N/A	+11.1%
3Y	$1.32B	Dec 31, 23	+18.0%
5Y	$599.00M	N/A	+160.3%
All	$230.00M	Mar 31, 07	+577.8%

TTM CAPEX History

Month	Value	Change
Sep 2026	$1.56B	+1.1%
Jun 2026	$1.54B	+1.6%
Mar 2026	$1.52B	-3.3%
Dec 2025	$1.57B	+11.8%
Sep 2025	$1.40B	-1.0%
Jun 2025	$1.42B	-1.0%
Mar 2025	$1.43B	-0.9%
Dec 2024	$1.44B	-2.2%
Sep 2024	$1.48B	+0.5%
Jun 2024	$1.47B	+0.7%
Mar 2024	$1.46B	+10.4%
Dec 2023	$1.32B	-2.7%
Sep 2023	$1.36B	+9.6%
Jun 2023	$1.24B	+9.8%
Mar 2023	$1.13B	+4.6%
Dec 2022	$1.08B	+5.7%
Sep 2022	$1.02B	+10.9%
Jun 2022	$919.00M	+15.2%
Mar 2022	$798.00M	+6.7%
Dec 2021	$748.00M	+24.9%
Sep 2021	$599.00M	0.0%
Jun 2021	$599.00M	-2.0%
Mar 2021	$611.00M	+1.5%
Dec 2020	$602.00M	-2.6%
Sep 2020	$618.00M	-6.4%
Jun 2020	$660.00M	-5.4%
Mar 2020	$698.00M	-18.1%
Dec 2019	$852.00M	-17.3%
Sep 2019	$1.03B	-11.5%
Jun 2019	$1.16B	-16.6%
Mar 2019	$1.40B	-2.9%
Dec 2018	$1.44B	-13.2%
Sep 2018	$1.66B	-6.1%
Jun 2018	$1.76B	+8.7%
Mar 2018	$1.62B	+4.7%
Dec 2017	$1.55B	+8.0%
Sep 2017	$1.43B	+14.5%
Jun 2017	$1.25B	+1.1%
Mar 2017	$1.24B	+5.6%
Dec 2016	$1.17B	+10.8%

Month	Value	Change
Sep 2016	$1.06B	+3.0%
Jun 2016	$1.03B	+4.5%
Mar 2016	$983.00M	+2.4%
Dec 2015	$960.00M	-2.5%
Sep 2015	$985.00M	-6.9%
Jun 2015	$1.06B	-3.8%
Mar 2015	$1.10B	-4.6%
Dec 2014	$1.15B	-2.5%
Sep 2014	$1.18B	-0.4%
Jun 2014	$1.19B	-2.3%
Mar 2014	$1.22B	+1.3%
Dec 2013	$1.20B	+3.6%
Sep 2013	$1.16B	+5.3%
Jun 2013	$1.10B	+2.9%
Mar 2013	$1.07B	+1.2%
Dec 2012	$1.06B	+0.8%
Sep 2012	$1.05B	+1.9%
Jun 2012	$1.03B	+6.5%
Mar 2012	$965.00M	+7.6%
Dec 2011	$897.00M	+12.4%
Sep 2011	$798.00M	+8.0%
Jun 2011	$739.00M	+2.4%
Mar 2011	$722.00M	+1.3%
Dec 2010	$713.00M	-0.3%
Sep 2010	$715.00M	+0.6%
Jun 2010	$711.00M	-1.3%
Mar 2010	$720.00M	+0.7%
Dec 2009	$715.00M	-5.7%
Sep 2009	$758.00M	-10.6%
Jun 2009	$848.00M	-10.1%
Mar 2009	$943.00M	-14.2%
Dec 2008	$1.10B	-7.0%
Sep 2008	$1.18B	-0.5%
Jun 2008	$1.19B	+3.9%
Mar 2008	$1.14B	+6.6%
Dec 2007	$1.07B	+50.1%
Sep 2007	$714.00M	+55.9%
Jun 2007	$458.00M	+99.1%
Mar 2007	$230.00M	-

FAQ

What is the current TTM CAPEX of PM?: As of today, PM TTM CAPEX is $1.56B
What is PM TTM CAPEX most recent change?: PM TTM CAPEX was up +1.10% on September 30, 2026
What is 1-year change in PM TTM CAPEX?: PM TTM CAPEX is up +11.12% year-over-year
How far is PM TTM CAPEX from its all-time high?: PM TTM CAPEX is currently -11.52% below its historical high of $1.76B set on June 30, 2018
How does PM TTM CAPEX rank versus sector peers?: PM TTM CAPEX is higher than 94.79% of companies in Consumer Defensive sector
When is PM next earnings release?: The next earnings release for PM is on February 4, 2027

Data Sources & References

PM Official Website www.pmi.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1413329/000162828026005939/0001628280-26-005939-index.htm
PM Profile on Yahoo Finance finance.yahoo.com/quote/PM
PM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/pm