Philip Morris International (PM) Tax Provisions (2009 - 2026)
Philip Morris International (PM) reported Tax Provisions of $986 million for Q3 2026, up 31.3% from $751 million a year earlier and up 3.2% from the prior quarter.
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Analysis
Philip Morris International (PM) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Philip Morris International's Tax Provisions came in at $3.29 billion, up 12.2% year-over-year; for FY2025, it came in at $2.74 billion, down 9.3% from FY2024.
- Tax Provisions has a five-year compound annual growth rate of 2.9% (FY2020 to FY2025).
- By year, Tax Provisions came in at $3.02 billion in FY2024 (+29.0%), $2.34 billion in FY2023 (+4.2%), $2.24 billion in FY2022 (-16.0%) and $2.67 billion in FY2021 (+12.4%).
- The Q3 2026 figure ranks as the highest quarterly Tax Provisions since Q3 2023.
- Year over year, Tax Provisions has now increased in each of the last three quarters, with growth averaging 27.3% over the last eight quarters.
- The high point for year-over-year Tax Provisions in five years was Q4 2024 (growth of 172.5%); the low point was Q4 2022 (a decline of 31.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $955 million (Q2 2026), $676 million (Q1 2026) and $675 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 303.52 Bn | 280.52 Bn | 7.85 Bn | 986.00 Mn |
| 2 | British American Tobacco p.l.c | 132.82 Bn | 111.64 Bn | - | - |
| 3 | Altria | 126.54 Bn | 113.47 Bn | 3.94 Bn | 776.00 Mn |
| 4 | Curaleaf Holdings | 2.37 Bn | 2.00 Bn | 170.48 Mn | 14.51 Mn |
| 5 | Trulieve Cannabis | 2.11 Bn | 729.12 Mn | 162.29 Mn | 21.97 Mn |
| 6 | RLX Technology | 1.96 Bn | -1.30 Bn | - | - |
| 7 | Green Thumb Industries | 1.45 Bn | 214.02 Mn | 146.79 Mn | 28.06 Mn |
| 8 | Cronos | 1.30 Bn | -1.97 Bn | 28.45 Mn | 51,000.00 |
| 9 | Turning Point Brands | 1.27 Bn | 375.50 Mn | 93.70 Mn | 3.68 Mn |
| 10 | Tilray Brands | 363.35 Mn | -604.15 Mn | 77.51 Mn | 1.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 986.00 Mn |
| Jun 30, 2026 | 955.00 Mn |
| 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 |
API Access
Philip Morris International Tax Provisions 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=tax-provisions&ticker=PM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();