Philip Morris International Inc Free Cash Flow Generation Index

Latest as of June 2026: 0.93x

Philip Morris International Inc free cash flow generation index. Philip Morris International Inc (PM) has a Free Cash Flow Generation Index of 0.93x as of June 2026. Free cash flow of $5.11 Billion represents 1% of operating cash flow ($5.49 Billion).

FCF Generation Index

0.93x
Free Cash Flow / Operating CF

Free Cash Flow

$5.11 Billion
USD

Operating Cash Flow

$5.49 Billion
USD

Capital Expenditures

$380.00 Million
USD

Free Cash Flow Generation Index of Philip Morris International Inc (2003–2025)

Free cash flow generation index of Philip Morris International Inc from 2003 to 2025. Historical FCF Generation Index trend for Philip Morris International Inc across 22 annual periods. See PM free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Philip Morris International Inc Free Cash Flow Generation Index by Year (2003–2025)

Philip Morris International Inc free cash flow generation index by year from 2003 to 2025. Year-by-year Free Cash Flow Generation Index for Philip Morris International Inc. For the full cash flow conversion analysis, see PM cash flow conversion.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.87x $10.66 Billion $12.23 Billion $1.57 Billion ▼ -1.1%
2024 0.88x $10.77 Billion $12.22 Billion $1.44 Billion ▲ +3.0%
2023 0.86x $7.88 Billion $9.20 Billion $1.32 Billion ▼ -4.9%
2022 0.90x $9.73 Billion $10.80 Billion $1.08 Billion ▼ -4.0%
2021 0.94x $11.22 Billion $11.97 Billion $748.00 Million ▼ -0.1%
2020 0.94x $9.21 Billion $9.81 Billion $602.00 Million ▲ +2.5%
2019 0.92x $9.24 Billion $10.09 Billion $852.00 Million ▲ +7.9%
2018 0.85x $8.04 Billion $9.48 Billion $1.44 Billion ▲ +2.7%
2017 0.83x $7.36 Billion $8.91 Billion $1.55 Billion ▼ -3.3%
2016 0.85x $6.91 Billion $8.08 Billion $1.17 Billion ▼ -2.6%
2015 0.88x $6.91 Billion $7.87 Billion $960.00 Million ▲ +3.2%
2014 0.85x $6.59 Billion $7.74 Billion $1.15 Billion ▼ -3.5%
2013 0.88x $8.94 Billion $10.13 Billion $1.20 Billion ▼ -0.7%
2012 0.89x $8.37 Billion $9.42 Billion $1.06 Billion ▼ -2.9%
2011 0.91x $9.63 Billion $10.53 Billion $897.00 Million ▼ -1.0%
2010 0.92x $8.72 Billion $9.44 Billion $713.00 Million ▲ +1.7%
2009 0.91x $7.17 Billion $7.88 Billion $715.00 Million ▲ +5.5%
2008 0.86x $6.84 Billion $7.93 Billion $1.10 Billion ▲ +6.6%
2007 0.81x $4.52 Billion $5.59 Billion $1.07 Billion ▼ -5.8%
2006 0.86x $5.35 Billion $6.24 Billion $886.00 Million ▲ +0.1%
2005 0.86x $4.42 Billion $5.16 Billion $736.00 Million ▼ -1.8%
2003 0.87x $4.04 Billion $4.63 Billion $586.00 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).