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

Philip Morris International's (PM) quarterly Change in Taxes came in at -$171.0 million in Q1 2026, down 755.0% year-on-year from $26.1 million in Q1 2025, and down 157.38% quarter-over-quarter from $298.0 million in Q4 2025.

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

Philip Morris International has disclosed Change in Taxes across 18 years of filings, most recently posting -$171.0 million for Q1 2026.

  • Change in Taxes for Q1 2026 came in at -$171.0 million, down 755.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$417.0 million (down 13800.0% YoY), and the FY2025 annual result was -$266.0 million, down 329.03% from the prior year.
  • Change in Taxes came in at -$171.0 million for Q1 2026 at Philip Morris International, down from $298.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $308.0 million in Q3 2023 to a low of -$591.0 million in Q2 2025.
  • The 5-year median for Change in Taxes is -$71.0 million (2022), against an average of -$58.4 million.
  • Across the five-year window, Change in Taxes sank 1875.0% in 2022 and jumped 677.42% in 2024, its largest moves.
  • Philip Morris International's Change in Taxes stood at -$71.0 million in 2022, then surged by 56.34% to -$31.0 million in 2023, then surged by 677.42% to $179.0 million in 2024, then jumped by 66.48% to $298.0 million in 2025, then plunged by 157.38% to -$171.0 million in 2026.
  • The last three Change in Taxes figures came in at -$171.0 million (Q1 2026), $298.0 million (Q4 2025), and $47.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn -171.00 Mn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 610.00 Mn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn -
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn -9.12 Mn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 23.80 Mn
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn -
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn -
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 182,000.00

Historic Data

Download Data
DateValue
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
Dec 31, 2023 -31.00 Mn
Dec 31, 2023 -31.00 Mn