Philip Morris International Inc. (PM)

NYSE: PM · Real-Time Price · USD

192.72

-0.26 (-0.13%)

At close: Jul 20, 2026, 4:00 PM EDT

191.18

-1.54 (-0.80%)

Pre-market: Jul 21, 2026, 6:37 AM EDT

PM Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	11,593	11,848	7,503	8,268	9,527	9,710
Depreciation & Amortization	2,026	1,996	1,787	1,398	1,077	998
Other Adjustments	320	197	2,250	838	37	-108
Change in Receivables	-206	-448	-738	314	-871	-198
Changes in Inventories	-887	-1,201	552	-862	-1,287	549
Changes in Accounts Payable	68	258	297	-288	719	653
Changes in Income Taxes Payable	-417	-266	-62	-232	-261	-260
Changes in Other Operating Activities	-448	-151	628	-232	1,862	623
Operating Cash Flow	12,184	12,233	12,217	9,204	10,803	11,967
Operating Cash Flow Growth	4.80%	0.13%	32.74%	-14.80%	-9.73%	21.96%
Capital Expenditures	-1,518	-1,569	-1,444	-1,321	-1,077	-748
Purchases of Investments	-88	-265	-256	-111	-20	-34
Proceeds from Sale of Investments	-	116	-	-	-	-
Payments for Business Acquisitions	-	-	43	-	-13,976	-2,111
Proceeds from Business Divestments	-	30	136	191	-	-
Other Investing Activities	-1,998	-2,279	429	-2,357	-606	535
Investing Cash Flow	-3,536	-3,967	-1,092	-3,598	-15,679	-2,358
Short-Term Debt Issued	1,411	189	-1,361	1,896	1,810	-
Short-Term Debt Repaid	-170	-170	-433	-1,172	-795	-
Net Short-Term Debt Issued (Repaid)	1,241	19	-1,794	724	1,015	-
Long-Term Debt Issued	7,055	7,055	8,142	9,959	19,885	-
Long-Term Debt Repaid	-6,688	-5,368	-7,971	-6,981	-6,724	-3,042
Net Long-Term Debt Issued (Repaid)	367	1,687	171	2,978	13,161	-3,042
Repurchase of Common Stock	-	-	-	-	-209	-775
Net Common Stock Issued (Repurchased)	-	-	-	-	-209	-775
Common Dividends Paid	-8,815	-8,624	-8,197	-7,964	-7,812	-7,580
Other Financing Activities	-500	-1,214	339	-1,320	-2,349	-580
Financing Cash Flow	-7,707	-8,132	-9,481	-5,582	3,806	-11,977
Effect of Exchange Rate Changes on Cash and Cash Equivalents	53	504	-536	-95	-213	-417
Net Cash Flow	994	638	1,108	-71	-1,283	-2,785
Free Cash Flow	10,666	10,664	10,773	7,883	9,726	11,219
Free Cash Flow Growth	0.02%	-1.01%	36.66%	-18.95%	-13.31%	21.81%
FCF Margin	25.71%	26.24%	28.44%	22.41%	30.62%	35.72%
Free Cash Flow Per Share	6.84	6.84	6.92	5.08	6.27	7.20
Levered Free Cash Flow	11,528	12,121	7,192	9,978	24,257	7,882
Unlevered Free Cash Flow	11,120	11,022	11,846	7,432	10,917	11,957

SEC Filings: 10-K · 10-Q