Philip Morris International (PM) FCF Margin (2009 - 2026)
Philip Morris International's (PM) quarterly FCF Margin came in at 45.68% in Q2 2026, up 1554.0% year-over-year from 2.76% in Q2 2025, and up 716.25% quarter-over-quarter from 7.41% in Q1 2026.
Analysis
Philip Morris International (PM) FCF Margin (2009 - 2026) Analysis & Trends
Philip Morris International has disclosed FCF Margin across 18 years of filings, most recently posting 45.68% for Q2 2026.
- In Q2 2026, FCF Margin rose 1554.0% year-over-year to 45.68%; the TTM figure through Jun 2026 stood at 29.9% (up 689.0% YoY), while the FY2025 annual figure was 26.23%, down 221.0% from the prior year.
- FCF Margin came in at 45.68% for Q2 2026 at Philip Morris International, up from 7.41% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 45.68% in Q2 2026 to a low of 15.39% in Q1 2023.
- Average FCF Margin over 5 years is 25.06%, with a median of 34.03% recorded in 2023.
- Year-over-year, FCF Margin jumped 4617 bps in 2022 and sank 1998 bps in 2023.
- Over 5 years, FCF Margin stood at 33.68% in 2022, then advanced by 23 bps to 41.52% in 2023, then fell by 8 bps to 38.37% in 2024, then advanced by 7 bps to 41.16% in 2025, then rose by 11 bps to 45.68% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 45.68% in Q2 2026, 7.41% in Q1 2026, and 41.16% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 284.46 Bn | 280.39 Bn | 7.66 Bn | 45.68% |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | - |
| 3 | Altria | 115.00 Bn | 112.68 Bn | 3.82 Bn | 10.83% |
| 4 | RLX Technology | 2.79 Bn | 2.09 Bn | 52.74 Mn | -6.24% |
| 5 | Turning Point Brands | 1.51 Bn | 1.26 Bn | 93.70 Mn | 18.35% |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | -76.43% |
| 7 | 22nd Century | 512,640.46 | -5.55 Mn | -293,000.00 | -150.84% |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | 15.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |