Philip Morris International PM
NYSE PM
$188.23 -3.29 (-1.72%)
At close: Aug 21, 2026 · 4:00 PM EDT

Philip Morris International (PM) Change in Taxes (2009 - 2026)

Philip Morris International (PM) posted Change in Taxes of -$29.0 million for Q2 2026, up 83.04% sequentially from -$171.0 million in Q1 2026, and up 95.09% YoY from -$14.9 million in Q2 2025.

Philip Morris International (PM) Change in Taxes (2009 - 2026) Analysis & Trends

Philip Morris International has reported Change in Taxes for 18 years, with the latest figure at -$29.0 million in Q2 2026.

  • Quarterly Change in Taxes rose 95.09% year-over-year to -$29.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $145.0 million (up 142.15% YoY) and the FY2025 annual result came in at -$266.0 million, down 329.03% from the prior year.
  • Change in Taxes grew to -$29.0 million in Q2 2026 per PM's latest filing, from -$171.0 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $308.0 million in Q3 2023 and troughed at -$591.0 million in Q2 2025.
  • A 5-year average of -$56.7 million and a median of -$51.0 million in 2022 frame the typical range for Change in Taxes.
  • The sharpest annual moves came in 2022 and 2024: Change in Taxes sank 1875.0% in 2022, then soared 677.42% in 2024.
  • Over 5 years, Change in Taxes stood at -$71.0 million in 2022, then jumped by 56.34% to -$31.0 million in 2023, then jumped by 677.42% to $179.0 million in 2024, then soared by 66.48% to $298.0 million in 2025, then sank by 109.73% to -$29.0 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$29.0 million, -$171.0 million, and $298.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Philip Morris International 293.93 Bn 287.93 Bn 7.66 Bn -29.00 Mn
2 British American Tobacco p.l.c 121.73 Bn 118.03 Bn - -
3 Altria 110.12 Bn 107.75 Bn 3.82 Bn -425.00 Mn
4 RLX Technology 2.20 Bn 1.46 Bn 52.74 Mn -
5 Turning Point Brands 1.67 Bn 1.40 Bn 93.70 Mn -
6 Universal 1.13 Bn 851.44 Mn 83.09 Mn -15.79 Mn
7 Ispire Technology 85.94 Mn 66.71 Mn 1.99 Mn -
8 Rythm 49.34 Mn 7.43 Mn 18.54 Mn -
9 Greenlane Holdings 11.38 Mn -13.12 Mn 32,000.00 -
10 VPR Brands 9.12 Mn 6.78 Mn 161,075.00 -567,208.00

Historic Data

Download Data
DateValue
Jun 30, 2026 -29.00 Mn
Jun 30, 2026 -29.00 Mn
Mar 31, 2026 -171.00 Mn
Mar 31, 2026 -171.00 Mn
Dec 31, 2025 298.00 Mn
Dec 31, 2025 298.00 Mn
Sep 30, 2025 47.00 Mn
Sep 30, 2025 47.00 Mn
Jun 30, 2025 -591.00 Mn
Jun 30, 2025 -591.00 Mn
Mar 31, 2025 -20.00 Mn
Mar 31, 2025 -20.00 Mn
Dec 31, 2024 179.00 Mn
Dec 31, 2024 179.00 Mn
Sep 30, 2024 88.00 Mn
Sep 30, 2024 88.00 Mn
Jun 30, 2024 -250.00 Mn
Jun 30, 2024 -250.00 Mn
Mar 31, 2024 -79.00 Mn
Mar 31, 2024 -79.00 Mn