Philip Morris International (PM) Long-Term Deferred Tax (2009 - 2026)
Philip Morris International's Long-Term Deferred Tax was $1.22 billion in Q3 2026, up 15.8% from $1.06 billion a year earlier and up 7.7% from the prior quarter.
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Analysis
Philip Morris International (PM) Long-Term Deferred Tax (2009 - 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 15.0%.
- 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 Q3 2026 was $1.14 billion (Q2 2026), $1.2 billion (Q1 2026) and $1.25 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.22 Bn |
| 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 |
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();