Philip Morris International PM
NYSE PM
$189.78 +4.07 (+2.19%)
As of: Sep 10, 2026 · 3:59 PM EDT

Philip Morris International (PM) Free Cash Flow (2009 - 2026)

Philip Morris International's (PM) quarterly Free Cash Flow came in at $5.1 billion in Q2 2026, up 67.28% year-over-year from $3.1 billion in Q2 2025, and up 779.79% quarter-over-quarter from -$752.0 million in Q1 2026.

Analysis

Philip Morris International (PM) Free Cash Flow (2009 - 2026) Analysis & Trends

Philip Morris International has disclosed Free Cash Flow across 18 years of filings, most recently posting $5.1 billion for Q2 2026.

  • In Q2 2026, Free Cash Flow rose 67.28% year-over-year to $5.1 billion; the TTM figure through Jun 2026 stood at $12.7 billion (up 41.53% YoY), while the FY2025 annual figure was $10.7 billion, down 1.01% from the prior year.
  • Free Cash Flow came in at $5.1 billion for Q2 2026 at Philip Morris International, up from -$752.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $5.1 billion in Q2 2026 to a low of -$1.2 billion in Q1 2023.
  • Average Free Cash Flow over 5 years is $2.4 billion, with a median of $3.0 billion recorded in 2024.
  • Year-over-year, Free Cash Flow jumped 247.27% in 2022 and slumped 328.41% in 2025.
  • Over 5 years, Free Cash Flow stood at $2.7 billion in 2022, then surged by 36.78% to $3.8 billion in 2023, then decreased by 0.85% to $3.7 billion in 2024, then advanced by 14.53% to $4.3 billion in 2025, then rose by 19.86% to $5.1 billion in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $5.1 billion in Q2 2026, -$752.0 million in Q1 2026, and $4.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Philip Morris International 295.94 Bn 289.95 Bn 7.66 Bn 5.11 Bn
2 British American Tobacco p.l.c 126.98 Bn 123.54 Bn - -
3 Altria 114.81 Bn 112.45 Bn 3.82 Bn 662.00 Mn
4 RLX Technology 2.17 Bn 1.46 Bn 52.74 Mn -9.29 Mn
5 Turning Point Brands 1.43 Bn 1.16 Bn 93.70 Mn 26.24 Mn
6 VPR Brands 7.34 Mn 5.00 Mn 161,075.00 -537,890.00
7 22nd Century 427,897.86 -5.63 Mn -293,000.00 -4.32 Mn
8 Cirtran 197,816.68 -168,530.32 619,024.00 183,694.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.11 Bn
Mar 31, 2026 -752.00 Mn
Dec 31, 2025 4.27 Bn
Sep 30, 2025 4.10 Bn
Jun 30, 2025 3.06 Bn
Mar 31, 2025 -754.00 Mn
Dec 31, 2024 3.72 Bn
Sep 30, 2024 2.96 Bn
Jun 30, 2024 4.26 Bn
Mar 31, 2024 -176.00 Mn
Dec 31, 2023 3.76 Bn
Sep 30, 2023 2.28 Bn
Jun 30, 2023 3.08 Bn
Mar 31, 2023 -1.23 Bn
Dec 31, 2022 2.75 Bn
Sep 30, 2022 2.82 Bn
Jun 30, 2022 3.28 Bn
Mar 31, 2022 889.00 Mn
Dec 31, 2021 3.74 Bn
Sep 30, 2021 3.72 Bn