Philip Morris International Inc.PMNYSE
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Debt to Equity Over Time
Below historical average, modest growth trend.
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Debt-to-equity ratio

Latest
-3.89
↓ 26% below average
Average (9y)
-3.07
Historical baseline
Range
High:-2.15
Low:-4.81
CAGR
+6.8%
Consistent expansion
PeriodValueChange
2024-3.89+8.9%
2023-4.27+11.3%
2022-4.81-75.0%
2021-2.75-9.6%
2020-2.51+6.4%
2019-2.68-5.2%
2018-2.55+10.3%
2017-2.84-24.0%
2016-2.29-6.5%
2015-2.15-