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Philip Morris International (PM)
NYSE:PM
US Market

Philip Morris (PM) Ratios

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Philip Morris Ratios

PM's free cash flow for Q4 2025 was $0.66. For the 2025 fiscal year, PM's free cash flow was decreased by $ and operating cash flow was $0.38. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.96 0.96 0.88 0.75 0.72
Quick Ratio
0.51 0.51 0.47 0.34 0.36
Cash Ratio
0.19 0.19 0.18 0.12 0.12
Solvency Ratio
0.17 0.17 0.12 0.12 0.15
Operating Cash Flow Ratio
0.48 0.48 0.53 0.35 0.40
Short-Term Operating Cash Flow Coverage
3.31 3.31 3.46 1.38 1.31
Net Current Asset Value
$ -52.85B$ -52.85B$ -51.48B$ -54.99B$ -48.37B
Leverage Ratios
Debt-to-Assets Ratio
0.71 0.71 0.74 0.73 0.70
Debt-to-Equity Ratio
-4.89 -4.89 -3.89 -4.27 -4.81
Debt-to-Capital Ratio
1.26 1.26 1.35 1.31 1.26
Long-Term Debt-to-Capital Ratio
1.28 1.28 1.39 1.37 1.35
Financial Leverage Ratio
-6.92 -6.92 -5.26 -5.82 -6.89
Debt Service Coverage Ratio
2.78 2.78 2.53 1.35 1.25
Interest Coverage Ratio
9.41 9.41 7.60 7.57 15.95
Debt to Market Cap
0.19 0.20 0.24 0.33 0.27
Interest Debt Per Share
32.38 32.40 30.54 31.85 28.32
Net Debt to EBITDA
2.52 2.52 2.63 3.35 2.96
Profitability Margins
Gross Profit Margin
67.12%67.12%64.81%63.35%64.10%
EBIT Margin
38.05%38.05%36.86%34.05%39.05%
EBITDA Margin
42.96%42.96%41.58%38.02%42.44%
Operating Profit Margin
36.74%36.74%35.38%32.85%38.56%
Pretax Profit Margin
35.88%35.88%32.21%30.16%37.06%
Net Profit Margin
27.92%27.92%18.57%22.15%28.49%
Continuous Operations Profit Margin
29.15%29.15%25.92%23.51%29.99%
Net Income Per EBT
77.81%77.81%57.66%73.45%76.87%
EBT Per EBIT
97.67%97.67%91.02%91.79%96.12%
Return on Assets (ROA)
16.40%16.40%11.38%11.93%14.67%
Return on Equity (ROE)
-103.69%-113.55%-59.86%-69.41%-101.02%
Return on Capital Employed (ROCE)
34.13%34.13%34.48%29.69%35.66%
Return on Invested Capital (ROIC)
25.56%25.56%25.44%19.76%23.27%
Return on Tangible Assets
27.65%27.65%20.78%20.15%25.64%
Earnings Yield
4.39%4.55%3.76%5.34%5.77%
Efficiency Ratios
Receivables Turnover
7.00 7.00 8.10 8.01 6.68
Payables Turnover
3.03 3.03 3.37 3.11 2.80
Inventory Turnover
1.16 1.16 1.41 1.20 1.15
Fixed Asset Turnover
4.84 4.84 5.18 4.68 4.73
Asset Turnover
0.59 0.59 0.61 0.54 0.51
Working Capital Turnover Ratio
-15.88 -21.34 -8.08 -4.90 -6.86
Cash Conversion Cycle
245.27 245.27 195.69 233.29 240.64
Days of Sales Outstanding
52.17 52.17 45.05 45.57 54.65
Days of Inventory Outstanding
313.44 313.44 258.86 305.01 316.47
Days of Payables Outstanding
120.35 120.35 108.22 117.29 130.48
Operating Cycle
365.61 365.61 303.91 350.58 371.12
Cash Flow Ratios
Operating Cash Flow Per Share
7.86 7.86 7.86 5.93 6.97
Free Cash Flow Per Share
6.85 6.85 6.93 5.08 6.27
CapEx Per Share
1.01 1.01 0.93 0.85 0.69
Free Cash Flow to Operating Cash Flow
0.87 0.87 0.88 0.86 0.90
Dividend Paid and CapEx Coverage Ratio
1.20 1.20 1.27 0.99 1.22
Capital Expenditure Coverage Ratio
7.80 7.80 8.46 6.97 10.03
Operating Cash Flow Coverage Ratio
0.25 0.25 0.27 0.19 0.25
Operating Cash Flow to Sales Ratio
0.30 0.30 0.32 0.26 0.34
Free Cash Flow Yield
4.13%4.27%5.76%5.40%6.20%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
22.80 21.99 26.59 18.74 17.34
Price-to-Sales (P/S) Ratio
6.36 6.14 4.94 4.15 4.94
Price-to-Book (P/B) Ratio
-25.88 -24.97 -15.92 -13.01 -17.51
Price-to-Free Cash Flow (P/FCF) Ratio
24.25 23.40 17.36 18.52 16.13
Price-to-Operating Cash Flow Ratio
21.15 20.40 15.31 15.86 14.52
Price-to-Earnings Growth (PEG) Ratio
0.72 0.36 -2.72 -1.36 -101.08
Price-to-Fair Value
-25.88 -24.97 -15.92 -13.01 -17.51
Enterprise Value Multiple
17.33 16.81 14.51 14.27 14.60
Enterprise Value
302.15B 293.55B 228.50B 190.86B 196.79B
EV to EBITDA
17.30 16.81 14.51 14.27 14.60
EV to Sales
7.43 7.22 6.03 5.43 6.20
EV to Free Cash Flow
28.33 27.53 21.21 24.21 20.23
EV to Operating Cash Flow
24.70 24.00 18.70 20.74 18.22
Tangible Book Value Per Share
-23.23 -23.25 -24.32 -23.25 -21.10
Shareholders’ Equity Per Share
-6.42 -6.42 -7.56 -7.23 -5.78
Tax and Other Ratios
Effective Tax Rate
0.19 0.19 0.20 0.22 0.19
Revenue Per Share
26.11 26.12 24.37 22.66 20.49
Net Income Per Share
7.29 7.29 4.53 5.02 5.84
Tax Burden
0.78 0.78 0.58 0.73 0.77
Interest Burden
0.94 0.94 0.87 0.89 0.95
Research & Development to Revenue
0.00 0.00 0.02 0.00 0.00
SG&A to Revenue
0.00 0.00 0.29 0.29 0.26
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 <0.01
Income Quality
1.03 1.08 1.63 1.11 1.19
Currency in USD