Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
186.00
-3.57 (-1.88%)
Aug 10, 2026, 4:00 PM EDT - Market closed
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 | Jun '26 Jun 30, 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 | 11,430 | 11,848 | 7,503 | 8,268 | 9,527 | 9,710 |
Depreciation & Amortization | 2,049 | 1,996 | 1,787 | 1,398 | 1,077 | 998 |
Other Adjustments | 380 | 197 | 2,250 | 838 | 37 | -108 |
Change in Receivables | -358 | -448 | -738 | 314 | -871 | -198 |
Changes in Inventories | -862 | -1,201 | 552 | -862 | -1,287 | 549 |
Changes in Accounts Payable | 135 | 258 | 297 | -288 | 719 | 653 |
Changes in Income Taxes Payable | 145 | -266 | -62 | -232 | -261 | -260 |
Changes in Other Operating Activities | 740 | -151 | 628 | -232 | 1,862 | 623 |
Operating Cash Flow | 14,264 | 12,233 | 12,217 | 9,204 | 10,803 | 11,967 |
Operating Cash Flow Growth | 37.08% | 0.13% | 32.74% | -14.80% | -9.73% | 21.96% |
Capital Expenditures | -1,542 | -1,569 | -1,444 | -1,321 | -1,077 | -748 |
Purchases of Investments | -175 | -265 | -256 | -111 | -20 | -34 |
Proceeds from Sale of Investments | 284 | 116 | - | - | - | - |
Cash Acquisitions | - | - | 43 | - | -13,976 | -2,111 |
Proceeds from Business Divestments | 85 | 30 | 136 | 191 | - | - |
Other Investing Activities | 234 | -2,279 | 429 | -2,357 | -606 | 535 |
Investing Cash Flow | -1,194 | -3,967 | -1,092 | -3,598 | -15,679 | -2,358 |
Short-Term Debt Issued | 1,909 | 189 | -1,361 | 1,896 | 1,810 | - |
Short-Term Debt Repaid | -1,094 | -170 | -433 | -1,172 | -795 | - |
Net Short-Term Debt Issued (Repaid) | 815 | 19 | -1,794 | 724 | 1,015 | - |
Long-Term Debt Issued | 4,937 | 7,055 | 8,142 | 9,959 | 19,885 | - |
Long-Term Debt Repaid | -7,823 | -5,368 | -7,971 | -6,981 | -6,724 | -3,042 |
Net Long-Term Debt Issued (Repaid) | -2,886 | 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 | -9,006 | -8,624 | -8,197 | -7,964 | -7,812 | -7,580 |
Other Financing Activities | -44 | -1,214 | 339 | -1,320 | -2,349 | -580 |
Financing Cash Flow | -11,121 | -8,132 | -9,481 | -5,582 | 3,806 | -11,977 |
Foreign Exchange Rate Adjustments | -101 | 504 | -536 | -95 | -213 | -417 |
Net Cash Flow | 1,848 | 638 | 1,108 | -71 | -1,283 | -2,785 |
Free Cash Flow | 12,722 | 10,664 | 10,773 | 7,883 | 9,726 | 11,219 |
Free Cash Flow Growth | 41.53% | -1.01% | 36.66% | -18.95% | -13.31% | 21.81% |
FCF Margin | 29.90% | 26.24% | 28.44% | 22.41% | 30.62% | 35.72% |
Free Cash Flow Per Share | 8.16 | 6.84 | 6.92 | 5.08 | 6.27 | 7.20 |
Levered Free Cash Flow | 9,468 | 12,121 | 7,192 | 9,978 | 24,257 | 7,882 |
Unlevered Free Cash Flow | 13,477 | 11,022 | 11,845 | 7,432 | 10,917 | 11,957 |