PM · 8-K · 20260908PR060806

Impairment Charges

Philip Morris International Inc. · 2026-09-08 · Importance 40 · Surprise 42 · In source text

PMI’s 2026 EPS reconciliation includes a $0.33-per-share non-cash impairment of its RBH equity investment. The adjustment is included in the $1.07-per-share total 2026 forecast adjustments. The 2025 EPS reconciliation contained no comparable RBH equity investment impairment adjustment.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomenegativecommitted—Non-cash impairment of RBH equity investment is $0.33 per share in the 2026 adjustments.
assetsnegativecommitted—Non-cash impairment of RBH equity investment is $0.33 per share in the 2026 adjustments.
net_incomenegativecommitted—Footnote includes $0.09 impairment of Wellness business related equity investment in 2026 adjustments.
assetsnegativecommitted—Footnote includes $0.09 impairment of Wellness business related equity investment in 2026 adjustments.
net_incomenegativecommitted—Footnote includes $0.03 impairment of goodwill in 2026 adjustments.
assetsnegativecommitted—Footnote includes $0.03 impairment of goodwill in 2026 adjustments.