Buyback yield (TTM)
N/A
Shareholder yield (TTM)
3.41%
5Y share count change
0.0%
Buyback spend (TTM)
N/A
Cumulative buybacks
$38.64B
Key takeaways
- Diluted share count is roughly flat (0.0%) over the last ~5 fiscal years — buybacks are offsetting dilution but not shrinking the float.
- TTM repurchases used about 0% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Philip Morris International (PM)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Philip Morris International (PM)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Philip Morris International (PM)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Philip Morris International (PM)
Latest: $0.00
Overview
2025's annual buyback spend for Philip Morris International (PM) came in at $0.00.
Philip Morris International buyback spend has contracted on net over the period, with a -100.0% compound annual growth rate over 2015–2025 (10 years).
Philip Morris International buyback spend peaked at $6.53B in 2012; the latest annual figure is $0.00 in 2025 (100.0% below peak).
The highest annual buyback spend of $6.53B was reported in 2012. The lowest in the available history was $0.00 in 2003.
Philip Morris International Buyback Spend 2025: $0.00
Philip Morris International buyback spend in 2025 was $0.00.
Philip Morris International Buyback Spend 2024: $0.00
Philip Morris International buyback spend in 2024 was $0.00.
Philip Morris International Buyback Spend 2023: $0.00
In 2023, Philip Morris International reported buyback spend of $0.00, plunged 100.0% below 2022.
Philip Morris International Buyback Spend 2022: $209.00M
Philip Morris International buyback spend in 2022 was $209.00M, plunged 73.0% below 2021.
Philip Morris International Buyback Spend 2021: $775.00M
Philip Morris International buyback spend in 2021 was $775.00M.
See more financial history for Philip Morris International (PM).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $0.00 | $0.00 | $0.00 | — | 1.56B | +0.1% | |
| 2024 | $0.00 | $0.00 | $0.00 | — | 1.56B | +0.2% | |
| 2023 | $0.00 | $0.00 | $0.00 | — | 1.55B | +0.1% | |
| 2022 | $209.00M | $183.00M | $26.00M | 0.13% | 1.55B | -0.4% | |
| 2021 | $775.00M | $210.00M | $565.00M | 0.52% | 1.56B | +0.1% | |
| 2020 | $0.00 | $167.00M | −$167.00M | — | 1.56B | +0.1% | |
| 2019 | $0.00 | $172.00M | −$172.00M | — | 1.56B | +0.1% | |
| 2018 | $0.00 | $138.00M | −$138.00M | — | 1.55B | +0.1% | |
| 2017 | $0.00 | $148.00M | −$148.00M | — | 1.55B | +0.1% | |
| 2016 | $0.00 | $153.00M | −$153.00M | — | 1.55B | +0.1% | |
| 2015 | $48.00M | $0.00 | $48.00M | 0.04% | 1.55B | -1.1% | |
| 2014 | $3.83B | $210.00M | $3.62B | 3.03% | 1.57B | -3.5% | |
| 2013 | $5.96B | $220.00M | $5.74B | 4.28% | 1.62B | -4.1% | |
| 2012 | $6.53B | $242.00M | $6.28B | 4.69% | 1.69B | -2.0% | |
| 2011 | $5.37B | $0.00 | $5.37B | 3.97% | 1.73B | -6.3% | |
| 2010 | $5.03B | $0.00 | $5.03B | 4.67% | 1.84B | -5.5% | |
| 2009 | $5.63B | $0.00 | $5.63B | 6.01% | 1.95B | -6.2% | |
| 2008 | $5.26B | $0.00 | $5.26B | 5.84% | 2.08B | -1.5% | |
| 2007 | $0.00 | $0.00 | $0.00 | — | 2.11B | 0.0% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 2.11B | +0.9% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 2.09B | +2.6% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 2.04B | — |
- 2025$0.00
- 2024$0.00
- 2023$0.00
- 2022$209.00M
- 2021$775.00M
- 2020$0.00
- 2019$0.00
- 2018$0.00
- 2017$0.00
- 2016$0.00
- 2015$48.00M
- 2014$3.83B
- 2013$5.96B
- 2012$6.53B
- 2011$5.37B
- 2010$5.03B
- 2009$5.63B
- 2008$5.26B
- 2007$0.00
- 2006$0.00
- 2005$0.00
- 2003$0.00
Buybacks vs stock-based compensation for Philip Morris International (PM)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Philip Morris International (PM)
How Philip Morris International splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Philip Morris International, ranked by their latest buyback spend.
| $8.09B | |
| $6.50B | |
| $2.38B | |
| $1.00B | |
| $1.00B | |
| $903.00M | |
| $746.00M | |
| $103.65M |
- $8.09B
- $6.50B
- $1.00B
- $1.00B
- $903.00M
- $746.00M
- $103.65M
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.85B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation