Philip Morris International (PM) Tax Provisions (2009 - 2026)
Philip Morris International's (PM) quarterly Tax Provisions came in at $676.0 million in Q1 2026, up 2.58% year-on-year from $659.0 million in Q1 2025, and little changed quarter-over-quarter from $675.0 million in Q4 2025.
Philip Morris International (PM) Tax Provisions (2009 - 2026) Analysis & Trends
Philip Morris International has disclosed Tax Provisions across 18 years of filings, most recently posting $676.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $676.0 million, up 2.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.8 billion (down 8.2% YoY), and the FY2025 annual result was $2.7 billion, down 9.28% from the prior year.
- Tax Provisions came in at $676.0 million for Q1 2026 at Philip Morris International, roughly flat from $675.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.0 billion in Q3 2023 to a low of $320.0 million in Q4 2023.
- The 5-year median for Tax Provisions is $659.0 million (2025), against an average of $647.8 million.
- Across the five-year window, Tax Provisions tumbled 31.03% in 2022 and surged 172.5% in 2024, its largest moves.
- Philip Morris International's Tax Provisions stood at $409.0 million in 2022, then retreated by 21.76% to $320.0 million in 2023, then soared by 172.5% to $872.0 million in 2024, then decreased by 22.59% to $675.0 million in 2025, then gained by 0.15% to $676.0 million in 2026.
- The last three Tax Provisions figures came in at $676.0 million (Q1 2026), $675.0 million (Q4 2025), and $751.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 676.00 Mn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 676.00 Mn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | -2.81 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 4.81 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | -6.56 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 177,407.00 |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | -25.59 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | - |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | - |
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 |