Basis: Four-quarter operating cash flow / FMP quote market capitalization × 100. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating cash flow yield high or low?
The operating cash flow yield of 4.80% is 22% below its estimated 5-year average of 6.15%, near the low end of its estimated 5-year range (3.83%–9.74%).
As of 2026-09-26T00:16:02.700Z. 6.09% above its estimated 12-month average of 4.52%.
Calculation as of: 2026-09-26T00:16:02.700Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c4ea309e73facf3de3e3e8cf19563d19590b23cee26059f43a849c29030fc612
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
OPERATING CASH FLOW YIELD
4.80%
OPERATING CASH FLOW YIELD AVG TTM
4.52%
OPERATING CASH FLOW YIELD AVG 3Y
5.31%
OPERATING CASH FLOW YIELD AVG 5Y
6.15%
OPERATING CASH FLOW YIELD AVG 10Y
6.43%
OPERATING CASH FLOW YIELD AVG 15Y
6.42%
OPERATING CASH FLOW YIELD AVG 20Y
6.72%
CURRENT VS TTM AVG
+6.09%
CURRENT VS 3Y AVG
-9.68%
CURRENT VS 5Y AVG
-21.93%
CURRENT VS 10Y AVG
-25.39%
CURRENT VS 15Y AVG
-25.22%
CURRENT VS 20Y AVG
-28.58%
SECTOR MEDIAN · CONSUMER DEFENSIVE
7.87%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-39.01%
vs the sector median at left
Philip Morris International Inc.
Market Cap
$296.88B
Operating Cash Flow Yield
4.80%
TTM Avg
4.52%
3Y Avg
5.31%
5Y Avg
6.15%
Market Cap
$347.60B
Operating Cash Flow Yield
5.85%
TTM Avg
5.32%
3Y Avg
5.02%
5Y Avg
4.81%
Market Cap
$377.81B
Operating Cash Flow Yield
4.33%
TTM Avg
2.81%
3Y Avg
2.97%
5Y Avg
3.57%
Market Cap
$409.23B
Operating Cash Flow Yield
3.67%
TTM Avg
3.40%
3Y Avg
3.27%
5Y Avg
3.51%
Market Cap
$175.71B
Operating Cash Flow Yield
7.66%
TTM Avg
6.71%
3Y Avg
6.04%
5Y Avg
5.50%
Market Cap
$153.62B
Operating Cash Flow Yield
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$119.99B
Operating Cash Flow Yield
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$114.89B
Operating Cash Flow Yield
7.52%
TTM Avg
8.28%
3Y Avg
9.67%
5Y Avg
9.69%
| NAME | MARKET CAP | OPERATING CASH FLOW YIELD | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Philip Morris International Inc. (PM) | $296.88B | 4.80% | 4.52% | 5.31% | 6.15% |
| The Procter & Gamble Company (PG)vs › | $347.60B | 5.85% | 5.32% | 5.02% | 4.81% |
| Nestlé S.A. (NSRGY)vs › | $239.60B | N/A | N/A | N/A | N/A |
| The Coca-Cola Company (KO)vs › | $377.81B | 4.33% | 2.81% | 2.97% | 3.57% |
| Costco Wholesale Corporation (COST)vs › | $409.23B | 3.67% | 3.40% | 3.27% | 3.51% |
| PepsiCo, Inc. (PEP)vs › | $175.71B | 7.66% | 6.71% | 6.04% | 5.50% |
| Anheuser-Busch InBev SA/NV (BUD)vs › | $153.62B | N/A | N/A | N/A | N/A |
| British American Tobacco p.l.c. (BTI)vs › | $119.99B | N/A | N/A | N/A | N/A |
| Altria Group, Inc. (MO)vs › | $114.89B | 7.52% | 8.28% | 9.67% | 9.69% |
| Monster Beverage Corporation (MNST)vs › | $84.32B | 2.65% | 2.74% | 3.05% | 2.69% |
OCF Yield = TTM Operating Cash Flow / Market Cap
Operating cash flow yield is the inverse of P/OCF, expressing trailing operating cash flow as a percentage of price. It sits between earnings yield (before non-cash accrual effects) and FCF yield (before capital expenditure).
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING CASH FLOW YIELD |
|---|---|
| 2026-09-11 | 4.78% |
| 2026-09-10 | 4.81% |
| 2026-09-09 | 4.91% |
| 2026-09-08 | 4.94% |
| 2026-09-04 | 5.00% |
| 2026-09-03 | 4.90% |
| 2026-09-02 | 4.86% |
| 2026-09-01 | 4.88% |
| 2026-08-31 | 4.87% |
| 2026-08-28 | 4.76% |
| 2026-08-27 | 4.79% |
| 2026-08-26 | 4.70% |
| 2026-08-25 | 4.71% |
| 2026-08-24 | 4.77% |
| 2026-08-21 | 4.85% |
| 2026-08-20 | 4.77% |
| 2026-08-19 | 4.81% |
| 2026-08-18 | 4.86% |
| 2026-08-17 | 4.95% |
| 2026-08-14 | 4.79% |
| 2026-08-13 | 4.83% |
| 2026-08-12 | 4.90% |
| 2026-08-11 | 4.90% |
| 2026-08-10 | 4.91% |
| 2026-08-07 | 4.81% |
| 2026-08-06 | 4.85% |
| 2026-08-05 | 4.83% |
| 2026-08-04 | 4.88% |
| 2026-08-03 | 4.87% |
| 2026-07-31 | 4.78% |
| 2026-07-30 | 4.75% |
| 2026-07-29 | 4.60% |
| 2026-07-28 | 4.56% |
| 2026-07-27 | 4.66% |
| 2026-07-24 | 4.04% |
| 2026-07-23 | 4.08% |
| 2026-07-22 | 4.01% |
| 2026-07-21 | 4.15% |
| 2026-07-20 | 4.05% |
| 2026-07-17 | 4.04% |
| 2026-07-16 | 4.11% |
| 2026-07-15 | 4.31% |
| 2026-07-14 | 4.43% |
| 2026-07-13 | 4.33% |
| 2026-07-10 | 4.29% |
| 2026-07-09 | 4.30% |
| 2026-07-08 | 4.17% |
| 2026-07-07 | 4.15% |
| 2026-07-06 | 4.22% |
| 2026-07-02 | 4.28% |
| 2026-07-01 | 4.39% |
| 2026-06-30 | 4.31% |
| 2026-06-29 | 4.26% |
| 2026-06-26 | 4.31% |
| 2026-06-25 | 4.36% |
| 2026-06-24 | 4.36% |
| 2026-06-23 | 4.36% |
| 2026-06-22 | 4.50% |
| 2026-06-18 | 4.37% |
| 2026-06-17 | 4.34% |
| 2026-06-16 | 4.24% |
| 2026-06-15 | 4.29% |
| 2026-06-12 | 4.23% |
| 2026-06-11 | 4.31% |
| 2026-06-10 | 4.26% |
| 2026-06-09 | 4.37% |
| 2026-06-08 | 4.43% |
| 2026-06-05 | 4.37% |
| 2026-06-04 | 4.45% |
| 2026-06-03 | 4.43% |
| 2026-06-02 | 4.49% |
| 2026-06-01 | 4.51% |
| 2026-05-29 | 4.40% |
| 2026-05-28 | 4.37% |
| 2026-05-27 | 4.28% |
| 2026-05-26 | 4.30% |
| 2026-05-22 | 4.13% |
| 2026-05-21 | 4.14% |
| 2026-05-20 | 4.13% |
| 2026-05-19 | 4.07% |
| 2026-05-18 | 4.07% |
| 2026-05-15 | 4.11% |
| 2026-05-14 | 4.06% |
| 2026-05-13 | 4.15% |
| 2026-05-12 | 4.17% |
| 2026-05-11 | 4.28% |
| 2026-05-08 | 4.56% |
| 2026-05-07 | 4.56% |
| 2026-05-06 | 4.57% |
| 2026-05-05 | 4.60% |
| 2026-05-04 | 4.61% |
| 2026-05-01 | 4.69% |
| 2026-04-30 | 4.72% |
| 2026-04-29 | 4.79% |
| 2026-04-28 | 4.70% |
| 2026-04-27 | 4.84% |
| 2026-04-24 | 4.78% |
| 2026-04-23 | 4.64% |
| 2026-04-22 | 4.79% |
| 2026-04-21 | 5.12% |
| 2026-04-20 | 4.98% |
| 2026-04-17 | 4.98% |
| 2026-04-16 | 5.03% |
| 2026-04-15 | 5.00% |
| 2026-04-14 | 4.92% |
| 2026-04-13 | 4.82% |
| 2026-04-10 | 4.89% |
| 2026-04-09 | 4.87% |
| 2026-04-08 | 4.88% |
| 2026-04-07 | 4.99% |
| 2026-04-06 | 4.90% |
| 2026-04-02 | 4.97% |
| 2026-04-01 | 4.99% |
| 2026-03-31 | 4.75% |
| 2026-03-30 | 4.76% |
| 2026-03-27 | 4.80% |
| 2026-03-26 | 4.83% |
| 2026-03-25 | 4.74% |
| 2026-03-24 | 4.79% |
| 2026-03-23 | 4.81% |
| 2026-03-20 | 4.81% |
| 2026-03-19 | 4.81% |
| 2026-03-18 | 4.73% |
| 2026-03-17 | 4.54% |
| 2026-03-16 | 4.49% |
| 2026-03-13 | 4.50% |
| 2026-03-12 | 4.56% |
| 2026-03-11 | 4.71% |
| 2026-03-10 | 4.54% |
| 2026-03-09 | 4.53% |
| 2026-03-06 | 4.62% |
| 2026-03-05 | 4.63% |
| 2026-03-04 | 4.39% |
| 2026-03-03 | 4.41% |
| 2026-03-02 | 4.27% |
| 2026-02-27 | 4.20% |
| 2026-02-26 | 4.19% |
| 2026-02-25 | 4.14% |
| 2026-02-24 | 4.20% |
| 2026-02-23 | 4.19% |
| 2026-02-20 | 4.28% |
| 2026-02-19 | 4.28% |
| 2026-02-18 | 4.30% |
| 2026-02-17 | 4.28% |
| 2026-02-13 | 4.19% |
| 2026-02-12 | 4.16% |
| 2026-02-11 | 4.22% |
| 2026-02-10 | 4.30% |
| 2026-02-09 | 4.32% |
| 2026-02-06 | 4.05% |
| 2026-02-05 | 4.07% |
| 2026-02-04 | 4.10% |
| 2026-02-03 | 4.18% |
| 2026-02-02 | 4.11% |
| 2026-01-30 | 4.12% |
| 2026-01-29 | 4.16% |
| 2026-01-28 | 4.14% |
| 2026-01-27 | 4.14% |
| 2026-01-26 | 4.21% |
| 2026-01-23 | 4.28% |
| 2026-01-22 | 4.35% |
| 2026-01-21 | 4.38% |
| 2026-01-20 | 4.42% |
| 2026-01-16 | 4.26% |
| 2026-01-15 | 4.29% |
| 2026-01-14 | 4.32% |
| 2026-01-13 | 4.46% |
| 2026-01-12 | 4.48% |
| 2026-01-09 | 4.55% |
| 2026-01-08 | 4.66% |
| 2026-01-07 | 4.77% |
| 2026-01-06 | 4.77% |
| 2026-01-05 | 4.63% |
| 2026-01-02 | 4.61% |
| 2025-12-31 | 4.61% |
| 2025-12-30 | 4.57% |
| 2025-12-29 | 4.57% |
| 2025-12-26 | 4.59% |
| 2025-12-24 | 4.55% |
| 2025-12-23 | 4.56% |
| 2025-12-22 | 4.63% |
| 2025-12-19 | 4.72% |
| 2025-12-18 | 4.70% |
| 2025-12-17 | 4.66% |
| 2025-12-16 | 4.68% |
| 2025-12-15 | 4.67% |
| 2025-12-12 | 4.81% |
| 2025-12-11 | 4.90% |
| 2025-12-10 | 4.94% |
| 2025-12-09 | 4.92% |
| 2025-12-08 | 4.99% |
| 2025-12-05 | 5.01% |
| 2025-12-04 | 4.98% |
| 2025-12-03 | 4.88% |
| 2025-12-02 | 4.78% |
| 2025-12-01 | 4.74% |
| 2025-11-28 | 4.70% |
| 2025-11-26 | 4.73% |
| 2025-11-25 | 4.70% |
| 2025-11-24 | 4.90% |
| 2025-11-21 | 4.77% |
| 2025-11-20 | 4.75% |
| 2025-11-19 | 4.76% |
| 2025-11-18 | 4.75% |
| 2025-11-17 | 4.84% |
| 2025-11-14 | 4.76% |
| 2025-11-13 | 4.77% |
| 2025-11-12 | 4.76% |
| 2025-11-11 | 4.72% |
| 2025-11-10 | 4.77% |
| 2025-11-07 | 4.82% |
| 2025-11-06 | 4.94% |
| 2025-11-05 | 4.99% |
| 2025-11-04 | 5.01% |
| 2025-11-03 | 5.12% |
| 2025-10-31 | 5.13% |
| 2025-10-30 | 5.08% |
| 2025-10-29 | 5.04% |
| 2025-10-28 | 4.94% |
| 2025-10-27 | 4.83% |
| 2025-10-24 | 4.24% |
| 2025-10-23 | 4.24% |
| 2025-10-22 | 4.26% |
| 2025-10-21 | 4.39% |
| 2025-10-20 | 4.23% |
| 2025-10-17 | 4.23% |
| 2025-10-16 | 4.28% |
| 2025-10-15 | 4.23% |
| 2025-10-14 | 4.20% |
| 2025-10-13 | 4.19% |
| 2025-10-10 | 4.16% |
| 2025-10-09 | 4.26% |
| 2025-10-08 | 4.30% |
| 2025-10-07 | 4.32% |
| 2025-10-06 | 4.35% |
| 2025-10-03 | 4.36% |
| 2025-10-02 | 4.23% |
| 2025-10-01 | 4.15% |
| 2025-09-30 | 4.12% |
| 2025-09-29 | 4.10% |
| 2025-09-26 | 4.05% |
| 2025-09-25 | 4.07% |
| 2025-09-24 | 4.10% |
| 2025-09-23 | 4.08% |
| 2025-09-22 | 4.12% |
| 2025-09-19 | 4.10% |
| 2025-09-18 | 4.13% |
| 2025-09-17 | 4.02% |
| 2025-09-16 | 4.10% |
| 2025-09-15 | 4.13% |
| 2025-09-12 | 4.02% |
| 2025-09-11 | 3.98% |
| 2025-09-10 | 4.04% |
| 2025-09-09 | 4.05% |
| 2025-09-08 | 4.11% |
| 2025-09-05 | 4.13% |
| 2025-09-04 | 4.14% |
| 2025-09-03 | 4.09% |
| 2025-09-02 | 3.99% |
| 2025-08-29 | 4.00% |
Showing the most recent 260 of 4,652 data points. The chart above shows the full history.