Philip Morris International Inc. (PM) — Free Cash Flow Yield

Consumer Defensive

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.

MetricValue
FCF Yield3.6%
Consumer Defensive Sector Avg FCF Yield5.7%
Annual Free Cash Flow$10.7B
Market Cap$296.7B
P/E Ratio26.1x

Philip Morris International Inc.'s FCF yield of 3.6% is below the Consumer Defensive sector average (5.7%).

Frequently Asked Questions

What is Philip Morris International Inc.'s (PM) free cash flow yield?

Philip Morris International Inc.'s (PM) free cash flow yield is 3.6%. That is below the Consumer Defensive sector average (5.7%).

Is PM's free cash flow yield good?

At 3.6%, PM's free cash flow yield is considered weak — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.

How much free cash flow does Philip Morris International Inc. generate?

Philip Morris International Inc. generated $10.7B in free cash flow, against a market cap of $296.7B.

How is free cash flow yield calculated?

Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.

Data from public filings. Not investment advice. Calculate your own FCF yield →