Philip Morris International (PM) EV to FCF (2009 - 2026)
Philip Morris International's (PM) EV to FCF came in at 21.84 for Q2 2026, down 30.2% from 31.30 a year earlier and down 8.4% 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 Jun 30, 2026, EV to FCF at Philip Morris International was 20.72, down 30.6% 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 Q2 2026 figure stands as the lowest quarterly EV to FCF since Q4 2024.
- On a year-over-year basis, EV to FCF increased in four of the last eight quarters, with growth averaging 22.8%.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q2 2025, with growth of 105.0%; the weakest was Q2 2026, with a decline of 30.2%.
- According to Business Quant data, EV to FCF for the three prior quarters was 23.83 (Q1 2026), 23.14 (Q4 2025) and 24.73 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 17.26 |
| Jun 30, 2024 | 15.27 |
| Mar 31, 2024 | 15.68 |
| Dec 31, 2023 | 18.37 |
| Sep 30, 2023 | 20.72 |
| 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 |
| Sep 30, 2021 | 13.81 |
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();