Philip Morris International Inc (PM) — Cash Flow Quality Index
Philip Morris International Inc (PM) has a Cash Flow Quality Index of -0.16x as of March 2026. Operating cash flow of $-399.00 Million is below net income of $2.44 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow conversion of Philip Morris International Inc to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Philip Morris International Inc Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Philip Morris International Inc across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Philip Morris International Inc (PM) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Philip Morris International Inc (2003–2025)
Year-by-year earnings quality comparison for Philip Morris International Inc. For live market cap and the full company financial profile, see Philip Morris International Inc market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.08x | $12.23 Billion | $11.32 Billion | ▼ -33.6% |
| 2024 | 1.63x | $12.22 Billion | $7.50 Billion | ▲ +46.3% |
| 2023 | 1.11x | $9.20 Billion | $8.27 Billion | ▼ -1.8% |
| 2022 | 1.13x | $10.80 Billion | $9.53 Billion | ▼ -8.0% |
| 2021 | 1.23x | $11.97 Billion | $9.71 Billion | ▲ +7.9% |
| 2020 | 1.14x | $9.81 Billion | $8.59 Billion | ▼ -12.5% |
| 2019 | 1.31x | $10.09 Billion | $7.73 Billion | ▲ +9.0% |
| 2018 | 1.20x | $9.48 Billion | $7.91 Billion | ▼ -18.9% |
| 2017 | 1.48x | $8.91 Billion | $6.04 Billion | ▲ +27.4% |
| 2016 | 1.16x | $8.08 Billion | $6.97 Billion | ▲ +1.3% |
| 2015 | 1.14x | $7.87 Billion | $6.87 Billion | ▲ +13.2% |
| 2014 | 1.01x | $7.74 Billion | $7.66 Billion | ▼ -11.8% |
| 2013 | 1.15x | $10.13 Billion | $8.85 Billion | ▲ +11.3% |
| 2012 | 1.03x | $9.42 Billion | $9.15 Billion | ▼ -13.2% |
| 2011 | 1.19x | $10.53 Billion | $8.88 Billion | ▼ -5.8% |
| 2010 | 1.26x | $9.44 Billion | $7.50 Billion | ▲ +1.2% |
| 2009 | 1.24x | $7.88 Billion | $6.34 Billion | ▲ +12.0% |
| 2008 | 1.11x | $7.93 Billion | $7.15 Billion | ▲ +25.4% |
| 2007 | 0.89x | $5.59 Billion | $6.31 Billion | ▼ -12.8% |
| 2006 | 1.01x | $6.24 Billion | $6.15 Billion | ▲ +10.6% |
| 2005 | 0.92x | $5.16 Billion | $5.62 Billion | ▼ -21.2% |
| 2003 | 1.16x | $4.63 Billion | $3.98 Billion | — |