Philip Morris International (PM) Current Taxes (2009 - 2026)
Philip Morris International's Current Taxes was $1.08 billion in Q2 2026, up 36.9% from $786 million a year earlier but down 1.4% from the prior quarter.
Philip Morris International (PM) Current Taxes (2009 - 2026) Analysis & Trends
At the end of FY2025, Current Taxes at Philip Morris International came in at $1.26 billion, down 0.2% from FY2024.
- Current Taxes shows a five-year compound annual growth rate of 2.8% (FY2020 to FY2025).
- In earlier years, Current Taxes was $1.26 billion in FY2024 (+8.6%), $1.16 billion in FY2023 (+11.3%), $1.04 billion in FY2022 (+1.5%) and $1.03 billion in FY2021 (-6.0%).
- Quarterly Current Taxes has moved between $786 million (Q2 2025) and $1.32 billion (Q1 2025) over five years.
- Compared with a year earlier, Current Taxes was higher in three of the last eight quarters, with growth averaging 5.5%.
- The best year-over-year quarter for Current Taxes over five years was Q1 2025 (growth of 60.9%); the worst was Q2 2025 (a decline of 21.5%).
- Per Business Quant data, PM's Current Taxes in the three quarters before Q2 2026 was $1.09 billion (Q1 2026), $1.26 billion (Q4 2025) and $835 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 1.08 Bn |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | 1.35 Bn |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 11.20 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 28.43 Mn |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 24.99 Mn |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 3.55 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 8.46 Mn |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.08 Bn |
| Mar 31, 2026 | 1.09 Bn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 835.00 Mn |
| Jun 30, 2025 | 786.00 Mn |
| Mar 31, 2025 | 1.32 Bn |
| Dec 31, 2024 | 1.26 Bn |
| Sep 30, 2024 | 1.06 Bn |
| Jun 30, 2024 | 1.00 Bn |
| Mar 31, 2024 | 822.00 Mn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 844.00 Mn |
| Mar 31, 2023 | 935.00 Mn |
| Dec 31, 2022 | 1.04 Bn |
| Sep 30, 2022 | 1.04 Bn |
| Jun 30, 2022 | 830.00 Mn |
| Mar 31, 2022 | 904.00 Mn |
| Dec 31, 2021 | 1.03 Bn |
| Sep 30, 2021 | 947.00 Mn |
Philip Morris International Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "PM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();