Philip Morris International (PM) Long-Term Deferred Tax (2015 - 2026)
Philip Morris International's Long-Term Deferred Tax was $1.14 billion in Q2 2026, up 2.3% from $1.11 billion a year earlier but down 5.0% from the prior quarter.
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Analysis
Philip Morris International (PM) Long-Term Deferred Tax (2015 - 2026) Analysis & Trends
At the end of FY2025, Long-Term Deferred Tax at Philip Morris International came in at $1.25 billion, up 32.7% from FY2024.
- Long-Term Deferred Tax has now increased for three consecutive years, though with a five-year compound annual growth rate of -2.4% (FY2020 to FY2025).
- In earlier years, Long-Term Deferred Tax was $940 million in FY2024 (+15.5%), $814 million in FY2023 (+35.0%), $603 million in FY2022 (-32.6%) and $895 million in FY2021 (-36.5%).
- Quarterly Long-Term Deferred Tax has moved between $574 million (Q2 2023) and $1.29 billion (Q1 2025) over five years.
- Compared with a year earlier, Long-Term Deferred Tax was higher in seven of the last eight quarters, with growth averaging 22.5%.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q3 2024 (growth of 75.4%); the worst was Q3 2022 (a decline of 37.0%).
- Per Business Quant data, PM's Long-Term Deferred Tax in the three quarters before Q2 2026 was $1.2 billion (Q1 2026), $1.25 billion (Q4 2025) and $1.06 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 Bn |
| Mar 31, 2026 | 1.20 Bn |
| Dec 31, 2025 | 1.25 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 1.11 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 940.00 Mn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 918.00 Mn |
| Mar 31, 2024 | 950.00 Mn |
| Dec 31, 2023 | 814.00 Mn |
| Sep 30, 2023 | 577.00 Mn |
| Jun 30, 2023 | 574.00 Mn |
| Mar 31, 2023 | 585.00 Mn |
| Dec 31, 2022 | 603.00 Mn |
| Sep 30, 2022 | 682.00 Mn |
| Jun 30, 2022 | 714.00 Mn |
| Mar 31, 2022 | 694.00 Mn |
| Dec 31, 2021 | 895.00 Mn |
| Sep 30, 2021 | 1.08 Bn |
API Access
Philip Morris International Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();