Philip Morris International Inc. PM
- Market cap
- $296.3B
- P/E
- 27.4×
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Philip Morris International Inc. (PM) Free cash flow
Philip Morris International Inc.'s free cash flow for fiscal 2025 was $10.7B, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $12.7B. Over the past ten years it has ranged from $6.9B (fiscal 2016) to $11.2B (fiscal 2021); the current reading is higher than 82% of that period. Philip Morris International Inc. ranks 2nd of 11 Tobacco companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $10.7B | (1.01%) |
| FY2024 | $10.8B | 36.66% |
| FY2023 | $7.9B | (18.95%) |
| FY2022 | $9.7B | (13.31%) |
| FY2021 | $11.2B | 21.81% |
| FY2020 | $9.2B | (0.30%) |
| FY2019 | $9.2B | 14.87% |
| FY2018 | $8.0B | 9.21% |
| FY2017 | $7.4B | 6.65% |
| FY2016 | $6.9B | 0.00% |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $5.1B | — |
| Mar 2026 | −$752.0M | — |
| Dec 2025 | $4.3B | 4.10% |
| Sep 2025 | $4.1B | 34.06% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| BTI British American Tobacco p.l.c. compare | $27.4B |
| PM Philip Morris International Inc. | $12.7B |
| MO Altria Group, Inc. compare | $9.1B |
| UVV Universal Corporation compare | $170.4M |
| RLX RLX Technology Inc. Sponsored ADR compare | $77.5M |
| TPB Turning Point Brands, Inc. compare | $19.6M |
| RYM RYTHM, Inc. compare | $1.3M |
| AIIR Air Global PLC compare | −$118.5K |
| ISPR Ispire Technology Inc. compare | −$1.3M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on PM
- Revenue
- Net income
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement