Philip Morris International (PM) Tax Provisions (2009 - 2026)
Philip Morris International (PM) posted Tax Provisions of $676.0 million for Q1 2026, little changed sequentially from $675.0 million in Q4 2025, and up 2.58% YoY from $659.0 million in Q1 2025.
Philip Morris International (PM) Tax Provisions (2009 - 2026) Analysis & Trends
Philip Morris International (PM) has 18 years of Tax Provisions data on file, last reported at $676.0 million in Q1 2026.
- Quarterly Tax Provisions rose 2.58% year-over-year to $676.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.8 billion (down 8.2% YoY) and the FY2025 annual result came in at $2.7 billion, down 9.28% from the prior year.
- Tax Provisions steadied at $676.0 million in Q1 2026 per PM's latest filing, from $675.0 million in the prior quarter.
- The five-year high for Tax Provisions was $1.0 billion in Q3 2023, with the low at $320.0 million in Q4 2023.
- Average Tax Provisions over 5 years is $647.8 million, with a median of $659.0 million recorded in 2025.
- Year-over-year, Tax Provisions sank 31.03% in 2022 and soared 172.5% in 2024.
- Philip Morris International's Tax Provisions stood at $409.0 million in 2022, then dropped by 21.76% to $320.0 million in 2023, then soared by 172.5% to $872.0 million in 2024, then declined by 22.59% to $675.0 million in 2025, then grew by 0.15% to $676.0 million in 2026.
- Business Quant data shows PM's Tax Provisions at $676.0 million in Q1 2026, $675.0 million in Q4 2025, and $751.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 676.00 Mn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | -6.56 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | -2.81 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 4.81 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 177,407.00 |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | -25.59 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | - |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 650,260.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 236,042.00 |
| 10 | Philip Morris International | - | - | 6.91 Bn | 676.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 676.00 Mn |
| Dec 31, 2025 | 675.00 Mn |
| Sep 30, 2025 | 751.00 Mn |
| Jun 30, 2025 | 652.00 Mn |
| Mar 31, 2025 | 659.00 Mn |
| Dec 31, 2024 | 872.00 Mn |
| Sep 30, 2024 | 735.00 Mn |
| Jun 30, 2024 | 734.00 Mn |
| Mar 31, 2024 | 676.00 Mn |
| Dec 31, 2023 | 320.00 Mn |
| Sep 30, 2023 | 1.03 Bn |
| Jun 30, 2023 | 560.00 Mn |
| Mar 31, 2023 | 428.00 Mn |
| Dec 31, 2022 | 409.00 Mn |
| Sep 30, 2022 | 622.00 Mn |
| Jun 30, 2022 | 594.00 Mn |
| Mar 31, 2022 | 619.00 Mn |
| Dec 31, 2021 | 593.00 Mn |
| Sep 30, 2021 | 735.00 Mn |
| Jun 30, 2021 | 646.00 Mn |