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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |