Philip Morris International
$187.46Change from previous close: −0.38%Absolute change: −$0.72
At a glance
- Revenue growth
- +7.31%
- 2025 vs 2024
- Net income growth
- +60.80%
- 2025 vs 2024
- Net margin
- 27.9%
- 2024: 18.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 12,233 | 12,217 | 9,204 | 10,803 | 11,967 | 9,812 | 10,090 | 9,478 | 8,912 | 8,077 |
| Depreciation and amortization | 1,996 | 1,787 | 1,398 | 1,077 | 998 | 981 | 964 | 989 | 875 | 743 |
| Capital expenditure | -1,569 | -1,444 | -1,321 | -1,077 | -748 | -602 | -852 | -1,436 | -1,548 | -1,172 |
| Investing cash flow | -3,967 | -1,092 | -3,598 | -15,679 | -2,358 | -1,154 | -1,811 | -998 | -3,083 | -834 |
| Financing cash flow | -8,132 | -9,481 | -5,582 | 3,806 | -11,977 | -8,496 | -8,061 | -9,651 | -2,769 | -5,413 |
| Dividends paid | -8,624 | -8,197 | -7,964 | -7,812 | -7,580 | -7,364 | -7,161 | -6,885 | -6,520 | -6,378 |
| Share repurchases | — | 0.0 | 0.0 | -209 | -775 | — | — | — | — | — |
| Debt issued | 7,244 | 8,242 | 11,855 | 21,695 | — | 3,758 | 4,808 | 255 | 8,484 | 3,536 |
| Debt repaid | -5,538 | -9,865 | -8,153 | -7,519 | -3,042 | -4,114 | -5,351 | -2,484 | -4,312 | -2,405 |
| Effect of exchange rates | 504 | -536 | -95.0 | -213 | -417 | 258 | 27.0 | -685 | 1,085 | -965 |
| Net change in cash | 638 | 1,108 | -71.0 | -1,283 | -2,785 | 420 | 245 | -1,856 | 4,145 | 865 |
| Free cash flow | 10,664 | 10,773 | 7,883 | 9,726 | 11,219 | — | — | — | — | — |
| Levered free cash flow | 8,939 | 8,185 | 7,881 | 7,360 | 9,146 | 8,664 | 7,737 | 5,990 | 5,907 | 5,928 |