Philip Morris International PM
NYSE PM
$188.21 -3.31 (-1.73%)
As of: Aug 21, 2026 · 12:44 PM EDT

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 293.53 Bn 287.53 Bn 7.66 Bn 0.45
2 British American Tobacco p.l.c 121.85 Bn 118.15 Bn - -
3 Altria 110.41 Bn 108.05 Bn 3.82 Bn 2.68
4 RLX Technology 2.20 Bn 1.45 Bn 52.74 Mn -
5 Turning Point Brands 1.68 Bn 1.41 Bn 93.70 Mn 0.06
6 Universal 1.12 Bn 844.42 Mn 83.09 Mn -0.15
7 Ispire Technology 85.37 Mn 66.14 Mn 1.99 Mn -
8 Rythm 50.85 Mn 8.94 Mn 18.54 Mn -
9 Greenlane Holdings 12.15 Mn -12.35 Mn 32,000.00 -
10 VPR Brands 8.26 Mn 5.92 Mn 161,075.00 -

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