Philip Morris International (PM) Non-Current Deferred Tax Liability (2009 - 2026)
Philip Morris International's Non-Current Deferred Tax Liability was $2.06 billion in Q2 2026, down 4.4% from $2.15 billion a year earlier but up 2.2% from the prior quarter.
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Analysis
Philip Morris International (PM) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Deferred Tax Liability at Philip Morris International came in at $2.07 billion, down 18.0% from FY2024.
- Non-Current Deferred Tax Liability shows a five-year compound annual growth rate of 24.7% (FY2020 to FY2025).
- In earlier years, Non-Current Deferred Tax Liability was $2.52 billion in FY2024 (+7.8%), $2.34 billion in FY2023 (+19.4%), $1.96 billion in FY2022 (+169.4%) and $726 million in FY2021 (+6.1%).
- Quarterly Non-Current Deferred Tax Liability has moved between $720 million (Q3 2021) and $2.9 billion (Q3 2023) over five years.
- Compared with a year earlier, Non-Current Deferred Tax Liability has declined for five straight quarters, with an average decline of 11.2% over the last eight quarters.
- The best year-over-year quarter for Non-Current Deferred Tax Liability over five years was Q3 2023 (growth of 214.5%); the worst was Q1 2026 (a decline of 28.5%).
- Per Business Quant data, PM's Non-Current Deferred Tax Liability in the three quarters before Q2 2026 was $2.01 billion (Q1 2026), $2.07 billion (Q4 2025) and $2 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 | 2.06 Bn |
| Mar 31, 2026 | 2.01 Bn |
| Dec 31, 2025 | 2.07 Bn |
| Sep 30, 2025 | 2.00 Bn |
| Jun 30, 2025 | 2.15 Bn |
| Mar 31, 2025 | 2.82 Bn |
| Dec 31, 2024 | 2.52 Bn |
| Sep 30, 2024 | 2.55 Bn |
| Jun 30, 2024 | 2.65 Bn |
| Mar 31, 2024 | 2.66 Bn |
| Dec 31, 2023 | 2.34 Bn |
| Sep 30, 2023 | 2.90 Bn |
| Jun 30, 2023 | 1.71 Bn |
| Mar 31, 2023 | 1.82 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 30, 2022 | 923.00 Mn |
| Jun 30, 2022 | 856.00 Mn |
| Mar 31, 2022 | 751.00 Mn |
| Dec 31, 2021 | 726.00 Mn |
| Sep 30, 2021 | 720.00 Mn |
API Access
Philip Morris International Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();