NYSE:PM | Free Cash Flow | Philip Morris International Inc.

Free cash flow is operating cash flow less capital expenditure. FCF / net income requires positive matching-period earnings.

Available history
2007-12-31 to 2026-03-31
Data captured

Historical Free Cash Flow

DateOperating cash flowCapital expenditureFree cash flowFCF / net income
2026-03-31-$399M$353M-$752M-30.84%
2025-12-31$4.71B$444M$4.27B199.21%
2025-03-31-$350M$404M-$754M-28.03%
2024-12-31$4B$278M$3.72B
2024-03-31$241M$417M-$176M-8.19%
2023-12-31$3.3B$311M$2.99B136.20%
2023-03-31-$955M$279M-$1.23B-61.85%
2022-12-31$3.09B$347M$2.75B114.56%
2022-03-31$1.12B$229M$889M38.14%
2021-12-31$4.03B$289M$3.74B178.83%
2021-03-31$435M$179M$256M10.59%
2020-12-31$3.16B$140M$3.02B152.94%
2020-03-31$1.11B$170M$941M51.53%
2019-12-31$3.32B$156M$3.17B196.04%
2019-03-31$1.24B$324M$917M67.73%
2018-12-31$2.42B$334M$2.09B109.32%
2018-03-31$1.38B$365M$1.02B65.23%
2017-12-31$2.92B$553M$2.37B341.21%
2017-03-31$843M$292M$551M34.65%
2016-12-31$2.15B$438M$1.71B100.00%
2016-03-31$462M$226M$236M15.42%
2015-12-31$1.87B$324M$1.55B123.94%
2015-03-31-$375M$203M-$578M-32.20%
2014-12-31$1.35B$349M$1.01B62.34%
2014-03-31$715M$256M$459M24.48%
2013-12-31$2.32B$379M$1.94B97.68%
2013-03-31$1.36B$240M$1.12B52.85%
2012-12-31$1.65B$337M$1.31B62.67%
2012-03-31$1.9B$227M$1.67B77.33%
2011-12-31$961M$329M$632M33.51%
2011-03-31$2.4B$159M$2.24B116.52%
2010-12-31$1.58B$230M$1.35B77.11%
2010-03-31$1.97B$150M$1.82B107.11%
2009-12-31$1.47B$232M$1.23B81.01%
2009-03-31$1.43B$145M$1.28B86.86%
2008-12-31$833M$275M$558M38.62%

Annual Free Cash Flow

DateOperating cash flowCapital expenditureFree cash flowFCF / net income
2025-12-31$12.23B$1.57B$10.66B93.97%
2024-12-31$12.22B$1.44B$10.77B152.66%
2023-12-31$9.2B$1.32B$7.88B100.90%
2022-12-31$10.8B$1.08B$9.73B107.49%
2021-12-31$11.97B$748M$11.22B123.16%
2020-12-31$9.81B$602M$9.21B114.32%
2019-12-31$10.09B$852M$9.24B128.57%
2018-12-31$9.48B$1.44B$8.04B101.66%
2017-12-31$8.91B$1.55B$7.36B122.02%
2016-12-31$8.08B$1.17B$6.91B99.11%
2015-12-31$7.87B$960M$6.91B100.47%
2014-12-31$7.74B$1.15B$6.59B87.90%
2013-12-31$10.14B$1.2B$8.94B104.19%
2012-12-31$9.42B$1.06B$8.37B95.06%
2011-12-31$10.53B$897M$9.63B112.12%
2010-12-31$9.44B$713M$8.72B120.18%
2009-12-31$7.88B$715M$7.17B113.04%
2008-12-31$7.94B$1.1B$6.84B99.22%
2007-12-31$5.55B$1.07B$4.48B74.16%