Philip Morris International Inc. logo
PMPhilip Morris International Inc.

Free Cash Flow (FCF): $10.67B

The free cash flow (FCF) is $10.67B. It is above its 12-month average by 5.54% ($10.11B).

Free Cash Flow

PM Free Cash Flow (FCF)

$-752.00M

Reported quarterly free cash flow; no daily interpolation.

-121.47% 5Y

PM Quarterly Free Cash Flow Growth (YoY)

Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.

PM Free Cash Flow (FCF)

PM Average Free Cash Flow (FCF) Chart

PM Free Cash Flow (FCF)

PM Current vs Average Free Cash Flow (FCF) Chart

PM Free Cash Flow (FCF) Metrics

FREE CASH FLOW (FCF)

$10.67B

FREE CASH FLOW (FCF) AVG TTM

$10.11B

FREE CASH FLOW (FCF) AVG 3Y

$9.50B

FREE CASH FLOW (FCF) AVG 5Y

$9.94B

FREE CASH FLOW (FCF) AVG 10Y

$8.97B

FREE CASH FLOW (FCF) AVG 15Y

$8.67B

FREE CASH FLOW (FCF) AVG 20Y

$8.31B

CURRENT VS TTM AVG

+5.54%

CURRENT VS 3Y AVG

+12.26%

CURRENT VS 5Y AVG

+7.33%

CURRENT VS 10Y AVG

+18.91%

CURRENT VS 15Y AVG

+23.01%

CURRENT VS 20Y AVG

+28.29%

FCF Analysis

Free Cash Flow (TTM)

$10.67B

FCF Yield

3.78%

Price/FCF

26.5

Formula: FCF = Operating Cash Flow - Capital Expenditures

Why FCF matters:

  • Shows actual cash available (not accounting earnings)
  • Funds dividends, buybacks, and debt reduction
  • Less susceptible to accounting manipulation than net income
  • Key metric for DCF valuation models

Free Cash Flow (FCF) Formula & Definition

Free Cash Flow represents the cash a company generates after accounting for capital expenditures. It's the cash available for dividends, buybacks, debt reduction, or reinvestment.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Free Cash Flow (FCF) FAQ

What is the free cash flow (FCF) for Philip Morris International Inc. (PM)?
The free cash flow (FCF) for PM stock is $10.67B.
What is the TTM average free cash flow (FCF) for Philip Morris International Inc. (PM)?
The TTM average free cash flow (FCF) for PM stock is $10.11B.
What is the 3Y average free cash flow (FCF) for Philip Morris International Inc. (PM)?
The 3Y average free cash flow (FCF) for PM stock is $9.50B.
What is the 5Y average free cash flow (FCF) for Philip Morris International Inc. (PM)?
The 5Y average free cash flow (FCF) for PM stock is $9.94B.
What is the 10Y average free cash flow (FCF) for Philip Morris International Inc. (PM)?
The 10Y average free cash flow (FCF) for PM stock is $8.97B.
What is the 15Y average free cash flow (FCF) for Philip Morris International Inc. (PM)?
The 15Y average free cash flow (FCF) for PM stock is $8.67B.
What is the 20Y average free cash flow (FCF) for Philip Morris International Inc. (PM)?
The 20Y average free cash flow (FCF) for PM stock is $8.31B.

PM Free Cash Flow (FCF) History

DATEFREE CASH FLOW (FCF)
2026-03-31$10.67B
2025-12-31$10.66B
2025-06-30$8.99B
2024-12-31$10.77B
2024-06-30$10.12B
2023-12-31$7.88B
2023-06-30$7.41B
2022-12-31$9.73B
2022-06-30$11.63B
2021-12-31$11.22B
2021-06-30$10.24B
2020-12-31$9.21B
2020-06-30$7.78B
2019-12-31$9.24B
2019-06-30$7.62B
2018-12-31$8.04B
2018-06-30$8.45B
2017-12-31$7.36B
2017-06-30$8.06B
2016-12-31$6.91B
2016-06-30$6.37B
2015-12-31$6.91B
2015-06-30$6.56B
2014-12-31$6.59B
2014-06-30$7.87B
2013-12-31$8.94B
2013-06-30$7.44B
2012-12-31$8.37B
2012-06-30$8.36B
2011-12-31$9.63B
2011-06-30$9.77B
2010-12-31$8.72B
2010-06-30$8.04B
2009-12-31$7.17B
2009-06-30$6.48B
2008-12-31$6.84B
2008-06-30$5.37B
2007-12-31$4.52B

About Philip Morris International Inc.

Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.

New York City, NY
83,100 employees
Consumer Defensive / Tobacco
Sector
Consumer Defensive
Industry
Tobacco
CEO
Jacek Olczak