Philip Morris International (PM) FCF Payout Ratio (2009 - 2026)
Philip Morris International (PM) posted FCF Payout Ratio of 0.45 for Q2 2026, up 114.65% sequentially from 3.07 in Q1 2026, and down 34.8% YoY from 0.69 in Q2 2025.
Philip Morris International (PM) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Philip Morris International has reported FCF Payout Ratio for 18 years, with the latest figure at 0.45 in Q2 2026.
- Quarterly FCF Payout Ratio fell 34.8% year-over-year to 0.45 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.71 (down 23.84% YoY) and the FY2025 annual result came in at 0.81, up 6.28% from the prior year.
- FCF Payout Ratio improved to 0.45 in Q2 2026 per PM's latest filing, from 3.07 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 2.2 in Q1 2022 and troughed at 11.57 in Q1 2024.
- A 5-year average of 0.49 and a median of 0.55 in 2023 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2024 and 2025: FCF Payout Ratio plunged 618.78% in 2024, then soared 75.75% in 2025.
- Over 5 years, FCF Payout Ratio stood at 0.72 in 2022, then decreased by 25.04% to 0.54 in 2023, then rose by 5.0% to 0.57 in 2024, then slipped by 4.85% to 0.54 in 2025, then retreated by 16.5% to 0.45 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.45, 3.07, and 0.54 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 295.87 Bn | 289.88 Bn | 7.66 Bn | 0.45 |
| 2 | British American Tobacco p.l.c | 122.47 Bn | 118.78 Bn | - | - |
| 3 | Altria | 111.96 Bn | 109.59 Bn | 3.82 Bn | 2.68 |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | - |
| 5 | Turning Point Brands | 1.71 Bn | 1.44 Bn | 93.70 Mn | 0.06 |
| 6 | Universal | 1.13 Bn | 852.94 Mn | 83.09 Mn | -0.15 |
| 7 | Ispire Technology | 87.95 Mn | 68.72 Mn | 1.99 Mn | - |
| 8 | Rythm | 47.19 Mn | 5.27 Mn | 18.54 Mn | - |
| 9 | Greenlane Holdings | 12.78 Mn | -11.71 Mn | 32,000.00 | - |
| 10 | VPR Brands | 8.26 Mn | 5.92 Mn | 161,075.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |