Philip Morris International Inc Capital Reinvestment Ratio
Philip Morris International Inc capital reinvestment ratio. Philip Morris International Inc (PM) has a Capital Reinvestment Ratio of 0.07x as of June 2026, meaning it reinvests 0% of its operating cash flow ($5.49 Billion) in capital expenditures ($380.00 Million). Check Philip Morris International Inc (PM) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Philip Morris International Inc (2003–2025)
Capital reinvestment ratio of Philip Morris International Inc from 2003 to 2025. This chart tracks Philip Morris International Inc's Capital Reinvestment Ratio across 22 annual periods. Also explore net asset momentum of Philip Morris International Inc to track the company's year-over-year net asset growth rate.
Philip Morris International Inc Capital Reinvestment Ratio by Year (2003–2025)
Philip Morris International Inc capital reinvestment ratio by year from 2003 to 2025. For the full cash flow conversion analysis, see Philip Morris International Inc cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | $12.23 Billion | $1.57 Billion | ▲ +8.5% |
| 2024 | 0.12x | $12.22 Billion | $1.44 Billion | ▼ -17.6% |
| 2023 | 0.14x | $9.20 Billion | $1.32 Billion | ▲ +44.0% |
| 2022 | 0.10x | $10.80 Billion | $1.08 Billion | ▲ +59.5% |
| 2021 | 0.06x | $11.97 Billion | $748.00 Million | ▲ +1.9% |
| 2020 | 0.06x | $9.81 Billion | $602.00 Million | ▼ -27.3% |
| 2019 | 0.08x | $10.09 Billion | $852.00 Million | ▼ -44.3% |
| 2018 | 0.15x | $9.48 Billion | $1.44 Billion | ▼ -12.8% |
| 2017 | 0.17x | $8.91 Billion | $1.55 Billion | ▲ +19.7% |
| 2016 | 0.15x | $8.08 Billion | $1.17 Billion | ▲ +18.9% |
| 2015 | 0.12x | $7.87 Billion | $960.00 Million | ▼ -18.1% |
| 2014 | 0.15x | $7.74 Billion | $1.15 Billion | ▲ +25.8% |
| 2013 | 0.12x | $10.13 Billion | $1.20 Billion | ▲ +5.6% |
| 2012 | 0.11x | $9.42 Billion | $1.06 Billion | ▲ +31.6% |
| 2011 | 0.09x | $10.53 Billion | $897.00 Million | ▲ +12.8% |
| 2010 | 0.08x | $9.44 Billion | $713.00 Million | ▼ -16.7% |
| 2009 | 0.09x | $7.88 Billion | $715.00 Million | ▼ -34.5% |
| 2008 | 0.14x | $7.93 Billion | $1.10 Billion | ▼ -27.8% |
| 2007 | 0.19x | $5.59 Billion | $1.07 Billion | ▲ +35.0% |
| 2006 | 0.14x | $6.24 Billion | $886.00 Million | ▼ -0.4% |
| 2005 | 0.14x | $5.16 Billion | $736.00 Million | ▲ +12.7% |
| 2003 | 0.13x | $4.63 Billion | $586.00 Million | — |