Philip Morris International (BSP:PHMO34) FCF Margin %: 45.68% (As of Jun. 2026) — 64% Above Median

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BSP:PHMO34 Philip Morris International Inc BSP:PHMO34
71 GF Score
Price R$486.39
GF Value R$365.23
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Philip Morris International FCF Margin %?

Philip Morris International BSP:PHMO34 -1.03% 71 FCF Margin % is 45.68% as of Jun. 2026, which is 64% above its 10-year median of 27.80. GuruFocus rates BSP:PHMO34 with a GF Score™ of 71/100 and a GF Value™ of R$365.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 48 Tobacco Products companies, Philip Morris International ranks better than 83.33% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Philip Morris International's Free Cash Flow for the three months ended in Jun. 2026 was R$26,194 Mil. Philip Morris International's Revenue for the three months ended in Jun. 2026 was R$57,349 Mil. Therefore, Philip Morris International's FCF Margin % for the quarter that ended in Jun. 2026 was 45.68%.

As of today, Philip Morris International's current FCF Yield % is 3.58%.

The historical rank and industry rank for Philip Morris International's FCF Margin % or its related term are showing as below:

BSP:PHMO34' s FCF Margin % Range Over the Past 10 Years
Min: 22.41   Med: 27.8   Max: 35.72
Current: 29.99


During the past 13 years, the highest FCF Margin % of Philip Morris International was 35.72%. The lowest was 22.41%. And the median was 27.80%.

BSP:PHMO34's FCF Margin % is ranked better than
83.33% of 48 companies
in the Tobacco Products industry
Industry Median: 3.56 vs BSP:PHMO34: 29.99


Philip Morris International FCF Margin % Related Terms


Philip Morris International FCF Margin % Historical Data

* Premium members only.

The historical data trend for Philip Morris International's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Philip Morris International FCF Margin % Chart

Philip Morris International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.72 30.62 22.41 28.44 26.23

Philip Morris International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.14 37.78 41.16 -7.41 45.68

BSP:PHMO34 vs MO, TPB, UVV: FCF Margin % Comparison

For the Tobacco subindustry, Philip Morris International's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Philip Morris International FCF Margin % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Philip Morris International's FCF Margin % falls into.


BSP:PHMO34
71GF Score
Philip Morris International Inc BSP:PHMO34
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Philip Morris International FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Philip Morris International's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=58179.585/221763.294
=26.23 %

Philip Morris International's FCF Margin for the quarter that ended in Jun. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=26194.399/57348.927
=45.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 45.68% mean?
Philip Morris International (BSP:PHMO34) has a FCF Margin % of 45.68% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Philip Morris International and its competitors. This is 64% above median its historical median of 27.80. Over the past decade, Philip Morris International's FCF Margin % has ranged from 22.41 to 35.72. According to the industry distribution chart, Philip Morris International ranks #8 out of 48 companies in the Tobacco Products industry, placing it in the top 16.7%.
Is Philip Morris International's FCF Margin % too high?
Philip Morris International's current FCF Margin % of 45.68% is 64% above median its 10-year median of 27.80. Over the past 10 years, this metric has ranged from a low of 22.41 to a high of 35.72. The Tobacco Products industry median FCF Margin % is 3.56. Philip Morris International's value of 45.68% is 1183.1% above this industry median. Based on the distribution chart, Philip Morris International ranks #8 out of 48 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Philip Morris International has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's FCF Margin % compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #8 out of 48 companies for FCF Margin %. This places Philip Morris International in the top 17% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.56. Philip Morris International's value of 45.68% is 1183.1% above this benchmark. Historically, Philip Morris International's own FCF Margin % has ranged from 22.41 to 35.72 over the past decade. While the company's 10-year median is 27.80 vs. the industry median of 3.56, Philip Morris International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Tobacco Products company?
The median FCF Margin % among Tobacco Products companies is 3.56, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris International's current FCF Margin % of 45.68% is 1183.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Philip Morris International and its competitors. For the Tobacco Products industry, the median FCF Margin % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris International's current FCF Margin % is 45.68%, which is 64% above median its own 10-year median of 27.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris International stock overvalued right now?
Based on GuruFocus' analysis, Philip Morris International (BSP:PHMO34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$365.23, compared to a current price of R$486.39 — trading 33.2% above its estimated fair value. The current FCF Margin % is 45.68%, which is 64% above median its 10-year median of 27.80 and 1183.1% above the Tobacco Products industry median of 3.56. Philip Morris International's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Philip Morris International (BSP:PHMO34), the current FCF Margin % is 45.68% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Philip Morris International (BSP:PHMO34) Overvalued in 2026?

Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued. The current stock price of R$486.39 is trading 33.2% above its estimated GF Value™ of R$365.23. GuruFocus considers Philip Morris International to be Significantly Overvalued.

Key valuation signals for BSP:PHMO34:

  • FCF Margin %: 45.68% (64% above median its 10-year median of 27.80)
  • GF Value™: R$365.23 vs. price of R$486.39 (33.2% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 1183.1% above the Tobacco Products median (#8 of 48)

No single metric tells the full story. See the BSP:PHMO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Philip Morris International Business Description

Address 677 Washington Boulevard, Suite 1100, Stamford, CT, USA, 06901
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets. It also owns the Veev brand in vapes.
71GF Score

Get the complete analysis for BSP:PHMO34

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$486.39
Price
R$365.23
GF Value