PM
Philip Morris International Inc.
Stock
$190.82−3.08 (−1.59%)Close Sep 30, 2026
| Research and development (2025) | YoY | 5-year CAGR | 10-year CAGR |
|---|---|---|---|
| $756M | −0.4% | 8.8% | 6.0% |
| Research and development (2025) | $756M |
|---|---|
| YoY | −0.4% |
| 5-year CAGR | 8.8% |
| 10-year CAGR | 6.0% |
Research and development
| Period | R&D | YoY |
|---|---|---|
| 2025 | $756M | −0.4% |
| 2024 | $759M | +7.1% |
| 2023 | $709M | +10.4% |
| 2022 | $642M | +4.1% |
| 2021 | $617M | +24.6% |
| 2020 | $495M | +6.5% |
| 2019 | $465M | +21.4% |
| 2018 | $383M | −15.5% |
| 2017 | $453M | +5.6% |
| 2016 | $429M | +1.4% |
| 2015 | $423M | −2.3% |
| 2014 | $433M | −3.6% |
| 2013 | $449M | +8.2% |
| 2012 | $415M | +0.5% |
| 2011 | $413M | +5.6% |
| 2010 | $391M | +16.7% |
| 2009 | $335M | +0.3% |
| 2008 | $334M | — |