Company / R&D Expense
Philip Morris International R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$756.0M
FY2025
5-year range
$465.0M / $759.0M
FY2021-FY2025
Trend
-0.4%
vs FY2024
Sector context
#3 of 39
Consumer Staples
What the data says
Among 39 Consumer Staples companies, Philip Morris International is in the top 8% for r&d expense. R&D Expense has fluctuated over the past 10 years, ranging from $383M in FY2020 to $759M in FY2024.
Based on SEC 10-K filings.
$756M in FY2025 with a 5-year CAGR of +14.6%. Ranks 3rd among 39 companies in Consumer Staples.
Improved from $617M to $756M over the past 2 years.
Consumer Staples sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +15.2%
- 5-Year CAGR
- +14.6%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in Consumer StaplesTop 8% of 39This company $756.0M Sector average $203.6M
▼
+271.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +14.6%, indicating consistent growth.
- In FY2025, r&d expense decreased 0.4% year-over-year.
- Ranks #3 out of 39 companies in the Consumer Staples sector.
- Peak r&d expense was recorded in FY2024.
Company context
Key Data Points
- Strong profit margin: 21.6%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $756.0M | -0.4% |
| FY2024 | $759.0M | +23.0% |
| FY2023 | $617.0M | +24.6% |
| FY2022 | $495.0M | +6.5% |
| FY2021 | $465.0M | +21.4% |
| FY2020 | $383.0M | -15.5% |
| FY2019 | $453.0M | +5.6% |
| FY2018 | $429.0M | +1.4% |
| FY2017 | $423.0M | -2.3% |
| FY2016 | $433.0M | -3.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026