Philip Morris International (PM) Free Cash Flow (2009 - 2026)
Philip Morris International (PM) posted Free Cash Flow of $5.1 billion for Q2 2026, up 779.79% sequentially from -$752.0 million in Q1 2026, and up 67.28% YoY from $3.1 billion in Q2 2025.
Philip Morris International (PM) Free Cash Flow (2009 - 2026) Analysis & Trends
Philip Morris International has reported Free Cash Flow for 18 years, with the latest figure at $5.1 billion in Q2 2026.
- Quarterly Free Cash Flow rose 67.28% year-over-year to $5.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $12.7 billion (up 41.53% YoY) and the FY2025 annual result came in at $10.7 billion, down 1.01% from the prior year.
- Free Cash Flow climbed to $5.1 billion in Q2 2026 per PM's latest filing, from -$752.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $5.1 billion in Q2 2026 and troughed at -$1.2 billion in Q1 2023.
- A 5-year average of $2.4 billion and a median of $3.0 billion in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow surged 247.27% in 2022, then tumbled 328.41% in 2025.
- Over 5 years, Free Cash Flow stood at $2.7 billion in 2022, then jumped by 36.78% to $3.8 billion in 2023, then dropped by 0.85% to $3.7 billion in 2024, then grew by 14.53% to $4.3 billion in 2025, then advanced by 19.86% to $5.1 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $5.1 billion, -$752.0 million, and $4.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.93 Bn | 287.93 Bn | 7.66 Bn | 5.11 Bn |
| 2 | British American Tobacco p.l.c | 121.73 Bn | 118.03 Bn | - | - |
| 3 | Altria | 110.12 Bn | 107.75 Bn | 3.82 Bn | 662.00 Mn |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn | -9.29 Mn |
| 5 | Turning Point Brands | 1.67 Bn | 1.40 Bn | 93.70 Mn | 26.24 Mn |
| 6 | Universal | 1.13 Bn | 851.44 Mn | 83.09 Mn | -133.05 Mn |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn | 1.71 Mn |
| 8 | Rythm | 49.34 Mn | 7.43 Mn | 18.54 Mn | 8.65 Mn |
| 9 | Greenlane Holdings | 11.38 Mn | -13.12 Mn | 32,000.00 | -3.43 Mn |
| 10 | VPR Brands | 9.12 Mn | 6.78 Mn | 161,075.00 | -537,890.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.11 Bn |
| Jun 30, 2026 | 5.11 Bn |
| Mar 31, 2026 | -752.00 Mn |
| Mar 31, 2026 | -752.00 Mn |
| Dec 31, 2025 | 4.27 Bn |
| Dec 31, 2025 | 4.27 Bn |
| Sep 30, 2025 | 4.10 Bn |
| Sep 30, 2025 | 4.10 Bn |
| Jun 30, 2025 | 3.06 Bn |
| Jun 30, 2025 | 3.06 Bn |
| Mar 31, 2025 | -754.00 Mn |
| Mar 31, 2025 | -754.00 Mn |
| Dec 31, 2024 | 3.72 Bn |
| Dec 31, 2024 | 3.72 Bn |
| Sep 30, 2024 | 2.96 Bn |
| Sep 30, 2024 | 2.96 Bn |
| Jun 30, 2024 | 4.26 Bn |
| Jun 30, 2024 | 4.26 Bn |
| Mar 31, 2024 | -176.00 Mn |
| Mar 31, 2024 | -176.00 Mn |