Philip Morris International (PM) Free Cash Flow (2009 - 2026)
Philip Morris International's (PM) quarterly Free Cash Flow came in at -$752.0 million in Q1 2026, little changed year-on-year from -$750.0 million in Q1 2025, and down 117.63% quarter-over-quarter from $4.3 billion in Q4 2025.
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 -$752.0 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$752.0 million, changed 0.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.7 billion (up 4.62% YoY), and the FY2025 annual result was $10.7 billion, down 1.01% from the prior year.
- Free Cash Flow came in at -$752.0 million for Q1 2026 at Philip Morris International, down from $4.3 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $4.3 billion in Q4 2025 to a low of -$1.2 billion in Q1 2023.
- The 5-year median for Free Cash Flow is $3.0 billion (2023), against an average of $2.3 billion.
- Across the five-year window, Free Cash Flow soared 247.27% in 2022 and tumbled 328.41% in 2025, its largest moves.
- Philip Morris International's Free Cash Flow stood at $2.0 billion in 2022, then jumped by 48.36% to $3.0 billion in 2023, then grew by 24.51% to $3.7 billion in 2024, then advanced by 14.53% to $4.3 billion in 2025, then plunged by 117.63% to -$752.0 million in 2026.
- The last three Free Cash Flow figures came in at -$752.0 million (Q1 2026), $4.3 billion (Q4 2025), and $4.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | -752.00 Mn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 2.23 Bn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | -27.40 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 178.61 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | -9.94 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 1.71 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 1.04 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | -4.83 Mn |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | -3.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 2.99 Bn |
| Dec 31, 2023 | 2.99 Bn |