Philip Morris International PM
NYSE PM
$191.52 +1.52 (+0.80%)
At close: Aug 20, 2026 · 4:00 PM EDT

Philip Morris International (PM) FCF Margin (2009 - 2026)

Philip Morris International (PM) posted FCF Margin of 45.68% for Q2 2026, up 716.25% sequentially from 7.41% in Q1 2026, and up 1554.0% YoY from 2.76% in Q2 2025.

Philip Morris International (PM) FCF Margin (2009 - 2026) Analysis & Trends

Philip Morris International has reported FCF Margin for 18 years, with the latest figure at 45.68% in Q2 2026.

  • Quarterly FCF Margin rose 1554.0% year-over-year to 45.68% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 29.9% (up 689.0% YoY) and the FY2025 annual result came in at 26.23%, down 221.0% from the prior year.
  • FCF Margin advanced to 45.68% in Q2 2026 per PM's latest filing, from 7.41% in the prior quarter.
  • Over five years, FCF Margin peaked at 45.68% in Q2 2026 and troughed at 15.39% in Q1 2023.
  • A 5-year average of 25.06% and a median of 34.03% in 2023 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin surged 4617 bps in 2022, then slumped 1998 bps in 2023.
  • Over 5 years, FCF Margin stood at 33.68% in 2022, then grew by 23 bps to 41.52% in 2023, then decreased by 8 bps to 38.37% in 2024, then grew by 7 bps to 41.16% in 2025, then advanced by 11 bps to 45.68% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 45.68%, 7.41%, and 41.16% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Philip Morris International 298.83 Bn 292.83 Bn 7.66 Bn 45.68%
2 British American Tobacco p.l.c 122.98 Bn 119.29 Bn - -
3 Altria 111.97 Bn 109.61 Bn 3.82 Bn 10.83%
4 RLX Technology 2.22 Bn 1.48 Bn 52.74 Mn -6.24%
5 Turning Point Brands 1.73 Bn 1.46 Bn 93.70 Mn 18.35%
6 Universal 1.15 Bn 869.50 Mn 83.09 Mn -25.40%
7 Ispire Technology 87.09 Mn 67.86 Mn 1.99 Mn 9.14%
8 Rythm 45.53 Mn 3.62 Mn 18.54 Mn 37.59%
9 Greenlane Holdings 14.10 Mn -10.40 Mn 32,000.00 -4,187.80%
10 VPR Brands 9.14 Mn 6.80 Mn 161,075.00 -76.43%

Historic Data

Download Data
DateValue
Jun 30, 2026 45.68%
Mar 31, 2026 -7.41%
Dec 31, 2025 41.16%
Sep 30, 2025 37.78%
Jun 30, 2025 30.14%
Mar 31, 2025 -8.11%
Dec 31, 2024 38.37%
Sep 30, 2024 29.90%
Jun 30, 2024 45.01%
Mar 31, 2024 -2.00%
Dec 31, 2023 41.52%
Sep 30, 2023 24.93%
Jun 30, 2023 34.37%
Mar 31, 2023 -15.39%
Dec 31, 2022 33.68%
Sep 30, 2022 35.06%
Jun 30, 2022 41.82%
Mar 31, 2022 4.60%
Dec 31, 2021 -12.48%
Sep 30, 2021 17.20%