* 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.
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.
* 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 (XSWX:PMI) has a FCF Margin % of -7.41% as of Mar. 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. 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 % is -7.41%. Over the past 10 years, this metric has ranged from a low of 22.41 to a high of 35.72. 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 87/100 and is considered Modestly 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. Historically, Philip Morris International's own FCF Margin % has ranged from 22.41 to 35.72 over the past decade. 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. 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 -7.41%. 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 (XSWX:PMI) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF115.94, compared to a current price of CHF145.00 — trading 25.1% above its estimated fair value. The current FCF Margin % is -7.41%. Philip Morris International's overall GF Score™ is 87/100 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 (XSWX:PMI), the current FCF Margin % is -7.41% as of Mar. 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 (XSWX:PMI) Overvalued in 2026?
Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued.
The current stock price of CHF145.00 is trading 25.1% above its estimated GF Value™ of CHF115.94.
GuruFocus considers Philip Morris International to be Modestly Overvalued.
Key valuation signals for XSWX:PMI:
FCF Margin %: -7.41%
GF Value™: CHF115.94 vs. price of CHF145.00 (25.1% above fair value)
No single metric tells the full story. See the XSWX:PMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
87GF Score
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