Philip Morris International Inc Cash Flow Reinvestment Rate
Philip Morris International Inc cash flow reinvestment rate. Philip Morris International Inc (PM) has a Cash Flow Reinvestment Rate of 0.09x as of June 2026, reinvesting $478.00 Million (capex $380.00 Million plus investments $98.00 Million) from operating cash flow of $5.49 Billion. Explore PM cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Philip Morris International Inc (2003–2025)
Cash flow reinvestment rate of Philip Morris International Inc from 2003 to 2025. Historical reinvestment intensity for Philip Morris International Inc across 22 annual periods. Explore Philip Morris International Inc (PM) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Philip Morris International Inc Cash Flow Reinvestment Rate by Year (2003–2025)
Philip Morris International Inc cash flow reinvestment rate by year from 2003 to 2025. Year-by-year capital reinvestment analysis for Philip Morris International Inc. For the full cash flow conversion analysis, see cash flow conversion of Philip Morris International Inc.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.14x | $1.66 Billion | $12.23 Billion | $1.57 Billion | ▼ -34.8% |
| 2024 | 0.21x | $2.54 Billion | $12.22 Billion | $1.44 Billion | ▼ -61.2% |
| 2023 | 0.53x | $4.92 Billion | $9.20 Billion | $1.32 Billion | ▲ +330.5% |
| 2022 | 0.12x | $1.34 Billion | $10.80 Billion | $1.08 Billion | ▲ +25.9% |
| 2021 | 0.10x | $1.18 Billion | $11.97 Billion | $748.00 Million | ▼ -19.4% |
| 2020 | 0.12x | $1.20 Billion | $9.81 Billion | $602.00 Million | ▲ +2.2% |
| 2019 | 0.12x | $1.21 Billion | $10.09 Billion | $852.00 Million | ▼ -36.6% |
| 2018 | 0.19x | $1.79 Billion | $9.48 Billion | $1.44 Billion | ▼ -63.1% |
| 2017 | 0.51x | $4.56 Billion | $8.91 Billion | $1.55 Billion | ▲ +93.2% |
| 2016 | 0.26x | $2.14 Billion | $8.08 Billion | $1.17 Billion | ▲ +105.3% |
| 2015 | 0.13x | $1.01 Billion | $7.87 Billion | $960.00 Million | ▼ -15.5% |
| 2014 | 0.15x | $1.18 Billion | $7.74 Billion | $1.15 Billion | ▼ -40.9% |
| 2013 | 0.26x | $2.62 Billion | $10.13 Billion | $1.20 Billion | ▲ +130.5% |
| 2012 | 0.11x | $1.06 Billion | $9.42 Billion | $1.06 Billion | ▲ +31.6% |
| 2011 | 0.09x | $897.00 Million | $10.53 Billion | $897.00 Million | ▲ +12.8% |
| 2010 | 0.08x | $713.00 Million | $9.44 Billion | $713.00 Million | ▼ -16.7% |
| 2009 | 0.09x | $715.00 Million | $7.88 Billion | $715.00 Million | ▼ -34.5% |
| 2008 | 0.14x | $1.10 Billion | $7.93 Billion | $1.10 Billion | ▼ -27.8% |
| 2007 | 0.19x | $1.07 Billion | $5.59 Billion | $1.07 Billion | ▲ +35.0% |
| 2006 | 0.14x | $886.00 Million | $6.24 Billion | $886.00 Million | ▼ -0.4% |
| 2005 | 0.14x | $736.00 Million | $5.16 Billion | $736.00 Million | ▲ +12.7% |
| 2003 | 0.13x | $586.00 Million | $4.63 Billion | $586.00 Million | — |