Philip Morris International

PM · NYSE · USD

$187.46Change from previous close: −0.38%Absolute change: −$0.72

Close · October 2, 2026

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.

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Operating cash flow5,492-3994,7094,4623,412-3504,0023,3424,6322413,3023,415
Depreciation and amortization513510521505490480477498445367369429
Capital expenditure-380-353-444-365-356-404-278-379-370-417-311-371
Investing cash flow26.0-3.0-428-789-2,316-434441-1,003-337-193-568-1,956
Financing cash flow-4,9751,096-3,581-3,661-1,561671-4,103-2,981-3,5321,135-2,897-1,765
Dividends paid-2,297-2,307-2,295-2,107-2,106-2,116-2,106-2,027-2,027-2,037-2,023-1,977
Debt issued1395,5231,745-5611,7594,3012,9480.05354,759431704
Debt repaid-2,873-2,142-3,052-850-814-822-5,599-558-1,949-1,759-1,135-374
Effect of exchange rates11.0-116131-127165335-38767.014.0-230275-172
Net change in cash554578831-115-300222-47.0-575777953112-478
Free cash flow5,112-7524,2654,0973,056-7543,7242,9634,262-1762,9913,044
Levered free cash flow4,598-1,7654,2162,6653,459-1,4013,0192,7524,195-1,7814,4072,071