Philip Morris International (PM) EV to FCF (2009 - 2026)
Philip Morris International's (PM) EV to FCF came in at 21.55 for Q3 2026, down 12.9% from 24.73 a year earlier and down 1.3% from the prior quarter.
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Analysis
Philip Morris International (PM) EV to FCF (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to FCF at Philip Morris International was 20.35, down 13.3% year-over-year; for FY2025, it was 23.14, up 34.9% from FY2024.
- In prior years, Philip Morris International's EV to FCF was 17.15 in FY2024 (-6.6%), 18.37 in FY2023 (+14.3%), 16.07 in FY2022 (+24.7%) and 12.89 in FY2021 (-3.9%).
- The Q3 2026 figure stands as the lowest quarterly EV to FCF since Q4 2024.
- On a year-over-year basis, EV to FCF has declined in each of the last three quarters, with growth averaging 24.9% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q3 2023, with growth of 108.3%; the weakest was Q3 2024, with a decline of 35.0%.
- According to Business Quant data, EV to FCF for the three prior quarters was 21.84 (Q2 2026), 23.83 (Q1 2026) and 23.14 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 303.52 Bn | 280.52 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 132.82 Bn | 111.64 Bn | - |
| 3 | Altria | 126.54 Bn | 113.47 Bn | 3.94 Bn |
| 4 | Curaleaf Holdings | 2.37 Bn | 2.00 Bn | 170.48 Mn |
| 5 | Trulieve Cannabis | 2.11 Bn | 729.12 Mn | 162.29 Mn |
| 6 | RLX Technology | 1.96 Bn | -1.30 Bn | - |
| 7 | Green Thumb Industries | 1.45 Bn | 214.02 Mn | 146.79 Mn |
| 8 | Cronos | 1.30 Bn | -1.97 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.27 Bn | 375.50 Mn | 93.70 Mn |
| 10 | Tilray Brands | 363.35 Mn | -604.15 Mn | 77.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.55 |
| Jun 30, 2026 | 21.84 |
| Mar 31, 2026 | 23.83 |
| Dec 31, 2025 | 23.14 |
| Sep 30, 2025 | 24.73 |
| Jun 30, 2025 | 31.30 |
| Mar 31, 2025 | 23.99 |
| Dec 31, 2024 | 17.15 |
| Sep 30, 2024 | 15.78 |
| Jun 30, 2024 | 15.27 |
| Mar 31, 2024 | 15.68 |
| Dec 31, 2023 | 18.37 |
| Sep 30, 2023 | 24.29 |
| Jun 30, 2023 | 20.21 |
| Mar 31, 2023 | 19.78 |
| Dec 31, 2022 | 16.07 |
| Sep 30, 2022 | 11.66 |
| Jun 30, 2022 | 12.89 |
| Mar 31, 2022 | 12.06 |
| Dec 31, 2021 | 12.89 |
API Access
Philip Morris International EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "PM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();