FN2 Earnings Intelligence
Philip Morris International Inc. cash flow
Philip Morris International Inc. (PM) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $4,496 | $3,207 | $3,060 | $4,216 | $4,872 | - | - |
| + Debt | $725 | - | - | - | $1,868 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $31,405 | $31,762 | $35,174 | $37,878 | $40,648 | $43,379.3 | $45,958.8 |
| % Growth | 9.4% | 1.1% | 10.7% | 7.7% | 7.3% | 6.7% | 5.9% |
| Gross Profit | $21,375 | $20,360 | $22,281 | $24,549 | $27,282 | - | - |
| % Margin | 68.1% | 64.1% | 63.3% | 64.8% | 67.1% | - | - |
| EBITDA | $13,973 | - | $12,954 | $15,189 | $16,888 | - | - |
| % Margin | 44.5% | - | 36.8% | 40.1% | 41.5% | - | - |
| Net Income | $9,109 | $9,048 | $7,813 | $7,057 | $11,348 | - | - |
| % Margin | 29.0% | 28.5% | 22.2% | 18.6% | 27.9% | - | - |
| Diluted EPS | $5.83 | $5.81 | $5.02 | $4.52 | $7.26 | $8.37 | $9.14 |
| % Growth | 13.0% | -0.3% | -13.6% | -10.0% | 60.6% | 15.3% | 9.3% |
| Operating Cash Flow | $11,967 | $10,803 | $9,204 | $12,217 | $12,233 | - | - |
| CapEx | $748 | $1,077 | $1,321 | $1,444 | $1,569 | - | - |
| Free Cash Flow | $11,219 | $9,726 | $7,883 | $10,773 | $10,664 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $31,405 | $31,762 | $35,174 | $37,878 | $40,648 | $43,379.3 | $45,958.8 |
| Gross Profit | $21,375 | $20,360 | $22,281 | $24,549 | $27,282 | - | - |
| EBITDA | $13,973 | - | $12,954 | $15,189 | $16,888 | - | - |
| Net Income | $9,109 | $9,048 | $7,813 | $7,057 | $11,348 | - | - |
| Diluted EPS | $5.83 | $5.81 | $5.02 | $4.52 | $7.26 | $8.37 | $9.14 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $4,496 | $3,207 | $3,060 | $4,216 | $4,872 |
| Short-term Debt | $225 | $5,637 | $1,968 | $137 | $168 |
| Long-term Debt | $500 | - | - | - | $1,700 |
| Total Debt | $725 | - | - | - | $1,868 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $11,967 | $10,803 | $9,204 | $12,217 | $12,233 |
| Capital Expenditure | $748 | $1,077 | $1,321 | $1,444 | $1,569 |
| Free Cash Flow | $11,219 | $9,726 | $7,883 | $10,773 | $10,664 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 9.4% | 1.1% | 10.7% | 7.7% | 7.3% |
| Gross Margin | 68.1% | 64.1% | 63.3% | 64.8% | 67.1% |
| EBITDA Margin | 44.5% | - | 36.8% | 40.1% | 41.5% |
| Net Margin | 29.0% | 28.5% | 22.2% | 18.6% | 27.9% |
| FCF Margin | 35.7% | 30.6% | 22.4% | 28.4% | 26.2% |
| Diluted EPS Growth | 13.0% | -0.3% | -13.6% | -10.0% | 60.6% |