Philip Morris International Inc.PM
NYSE•Consumer Defensive•Tobacco
Understand cash generation quality and how management allocates capital.
Free cash flow was $-752.00M in the latest quarter (0.3% increase YoY). FCF margin is -1.8%. Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation