Philip Morris International Inc Cash Flow Conversion Efficiency
Philip Morris International Inc cash flow conversion efficiency. Based on the latest financial reports, Philip Morris International Inc (PM) has a cash flow conversion efficiency ratio of -0.825x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($5.49 Billion) by net assets ($-6.66 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Philip Morris International Inc (2003–2025)
Cash flow conversion efficiency of Philip Morris International Inc from 2003 to 2025. This chart illustrates how Philip Morris International Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Philip Morris International Inc stock quote for real-time trading data and today's change.
Philip Morris International Inc Cash Flow Conversion Ratio Explained
Philip Morris International Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Philip Morris International Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Philip Morris International Inc ranked by their cash flow conversion efficiency. Also see Philip Morris International Inc (PM) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Applied Materials Inc
NASDAQ:AMAT
|
0.119x |
|
Cisco Systems Inc
NASDAQ:CSCO
|
0.038x |
|
Merck & Company Inc
NYSE:MRK
|
0.128x |
|
Intel Corporation
NASDAQ:INTC
|
0.068x |
|
Morgan Stanley
SA:MSBR34
|
-0.030x |
|
Morgan Stanley
NYSE:MS
|
-0.062x |
|
AstraZeneca PLC
MX:AZNN
|
0.048x |
|
General Electric Company
SA:GEOO34
|
0.179x |
Annual Cash Flow Conversion Efficiency for Philip Morris International Inc (2003–2025)
The table below shows the annual cash flow conversion efficiency of Philip Morris International Inc from 2003 to 2025. Review cash generation quality of Philip Morris International Inc to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $-8.03 Billion | $12.23 Billion | -1.524x | -23.11% |
| 2024-12-31 | $-9.87 Billion | $12.22 Billion | -1.238x | -27.03% |
| 2023-12-31 | $-9.45 Billion | $9.20 Billion | -0.974x | +43.08% |
| 2022-12-31 | $-6.31 Billion | $10.80 Billion | -1.712x | -17.41% |
| 2021-12-31 | $-8.21 Billion | $11.97 Billion | -1.458x | -57.97% |
| 2020-12-31 | $-10.63 Billion | $9.81 Billion | -0.923x | +12.20% |
| 2019-12-31 | $-9.60 Billion | $10.09 Billion | -1.051x | -19.10% |
| 2018-12-31 | $-10.74 Billion | $9.48 Billion | -0.883x | -1.31% |
| 2017-12-31 | $-10.23 Billion | $8.91 Billion | -0.871x | -17.56% |
| 2016-12-31 | $-10.90 Billion | $8.08 Billion | -0.741x | -8.12% |
| 2015-12-31 | $-11.48 Billion | $7.87 Billion | -0.685x | +0.79% |
| 2014-12-31 | $-11.20 Billion | $7.74 Billion | -0.691x | +57.24% |
| 2013-12-31 | $-6.27 Billion | $10.13 Billion | -1.615x | +68.23% |
| 2012-12-31 | $-1.85 Billion | $9.42 Billion | -5.084x | -185.13% |
| 2011-12-31 | $1.76 Billion | $10.53 Billion | 5.972x | +224.08% |
| 2010-12-31 | $5.12 Billion | $9.44 Billion | 1.843x | +43.63% |
| 2009-12-31 | $6.14 Billion | $7.88 Billion | 1.283x | +21.27% |
| 2008-12-31 | $7.50 Billion | $7.93 Billion | 1.058x | +191.54% |
| 2007-12-31 | $15.40 Billion | $5.59 Billion | 0.363x | -16.97% |
| 2006-12-31 | $14.27 Billion | $6.24 Billion | 0.437x | -12.66% |
| 2005-12-31 | $10.31 Billion | $5.16 Billion | 0.500x | +13.39% |
| 2003-12-31 | $10.49 Billion | $4.63 Billion | 0.441x | -- |
About Philip Morris International Inc
Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.