Philip Morris International PM
NYSE PM
$189.49 +3.78 (+2.04%)
As of: Sep 10, 2026 · 2:37 PM EDT

Philip Morris International (PM) FCF Payout Ratio (2009 - 2026)

Philip Morris International's (PM) quarterly FCF Payout Ratio came in at 0.45 in Q2 2026, down 34.8% year-over-year from 0.69 in Q2 2025, and up 114.65% quarter-over-quarter from 3.07 in Q1 2026.

Analysis

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

Philip Morris International has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.45 for Q2 2026.

  • In Q2 2026, FCF Payout Ratio fell 34.8% year-over-year to 0.45; the TTM figure through Jun 2026 stood at 0.71 (down 23.84% YoY), while the FY2025 annual figure was 0.81, up 6.28% from the prior year.
  • FCF Payout Ratio came in at 0.45 for Q2 2026 at Philip Morris International, up from 3.07 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 2.2 in Q1 2022 to a low of 11.57 in Q1 2024.
  • Average FCF Payout Ratio over 5 years is 0.49, with a median of 0.55 recorded in 2023.
  • Year-over-year, FCF Payout Ratio tumbled 618.78% in 2024 and surged 75.75% in 2025.
  • Over 5 years, FCF Payout Ratio stood at 0.72 in 2022, then fell by 25.04% to 0.54 in 2023, then grew by 5.0% to 0.57 in 2024, then retreated by 4.85% to 0.54 in 2025, then declined by 16.5% to 0.45 in 2026.
  • Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.45 in Q2 2026, 3.07 in Q1 2026, and 0.54 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Philip Morris International 295.57 Bn 289.57 Bn 7.66 Bn 0.45
2 British American Tobacco p.l.c 126.98 Bn 123.54 Bn - -
3 Altria 114.82 Bn 112.45 Bn 3.82 Bn 2.68
4 RLX Technology 2.18 Bn 1.47 Bn 52.74 Mn -
5 Turning Point Brands 1.43 Bn 1.16 Bn 93.70 Mn 0.06
6 VPR Brands 7.34 Mn 5.00 Mn 161,075.00 -
7 22nd Century 422,666.82 -5.64 Mn -293,000.00 -
8 Cirtran 197,816.68 -168,530.32 619,024.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.45
Mar 31, 2026 -3.07
Dec 31, 2025 0.54
Sep 30, 2025 0.51
Jun 30, 2025 0.69
Mar 31, 2025 -2.81
Dec 31, 2024 0.57
Sep 30, 2024 0.68
Jun 30, 2024 0.48
Mar 31, 2024 -11.57
Dec 31, 2023 0.54
Sep 30, 2023 0.87
Jun 30, 2023 0.64
Mar 31, 2023 -1.61
Dec 31, 2022 0.72
Sep 30, 2022 0.69
Jun 30, 2022 0.59
Mar 31, 2022 2.20
Dec 31, 2021 0.52
Sep 30, 2021 0.50