Philip Morris International (PM) Tax Provisions (2009 - 2026)
Philip Morris International (PM) posted Tax Provisions of $955.0 million for Q2 2026, up 41.27% sequentially from $676.0 million in Q1 2026, and up 46.47% YoY from $652.0 million in Q2 2025.
Philip Morris International (PM) Tax Provisions (2009 - 2026) Analysis & Trends
Philip Morris International has reported Tax Provisions for 18 years, with the latest figure at $955.0 million in Q2 2026.
- Quarterly Tax Provisions rose 46.47% year-over-year to $955.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.1 billion (up 4.76% YoY) and the FY2025 annual result came in at $2.7 billion, down 9.28% from the prior year.
- Tax Provisions climbed to $955.0 million in Q2 2026 per PM's latest filing, from $676.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $1.0 billion in Q3 2023 and troughed at $320.0 million in Q4 2023.
- A 5-year average of $664.9 million and a median of $667.0 million in 2025 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions tumbled 31.03% in 2022, then jumped 172.5% in 2024.
- Over 5 years, Tax Provisions stood at $409.0 million in 2022, then slipped by 21.76% to $320.0 million in 2023, then surged by 172.5% to $872.0 million in 2024, then dropped by 22.59% to $675.0 million in 2025, then surged by 41.48% to $955.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $955.0 million, $676.0 million, and $675.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 295.87 Bn | 289.88 Bn | 7.66 Bn | 955.00 Mn |
| 2 | British American Tobacco p.l.c | 122.47 Bn | 118.78 Bn | - | - |
| 3 | Altria | 111.96 Bn | 109.59 Bn | 3.82 Bn | 631.00 Mn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | -3.66 Mn |
| 5 | Turning Point Brands | 1.71 Bn | 1.44 Bn | 93.70 Mn | 3.68 Mn |
| 6 | Universal | 1.13 Bn | 852.94 Mn | 83.09 Mn | -4.52 Mn |
| 7 | Ispire Technology | 87.95 Mn | 68.72 Mn | 1.99 Mn | 177,407.00 |
| 8 | Rythm | 47.19 Mn | 5.27 Mn | 18.54 Mn | -1.21 Mn |
| 9 | Greenlane Holdings | 12.78 Mn | -11.71 Mn | 32,000.00 | -5,000.00 |
| 10 | VPR Brands | 8.26 Mn | 5.92 Mn | 161,075.00 | -395,404.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 735.00 Mn |