Philip Morris International (PM) Tax Provisions (2009 - 2026)
Philip Morris International (PM) reported Tax Provisions of $676.0 million for Q1 2026, up 2.58% on a YoY basis from $659.0 million in Q1 2025, and little changed sequentially from $675.0 million in Q4 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.
- For the quarter ending Q1 2026, Tax Provisions rose 2.58% year-over-year to $676.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.8 billion (down 8.2% YoY), and the FY2025 full-year result was $2.7 billion, down 9.28% from the prior year.
- Tax Provisions held at $676.0 million in Q1 2026, 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.
- A 5-year average of $647.8 million and a median of $659.0 million in 2025 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions sank 31.03% in 2022 and surged 172.5% in 2024, its largest moves.
- Tracing PM's Tax Provisions over 5 years: stood at $409.0 million in 2022, then fell by 21.76% to $320.0 million in 2023, then surged by 172.5% to $872.0 million in 2024, then retreated by 22.59% to $675.0 million in 2025, then rose 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 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 676.00 Mn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 676.00 Mn |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | -6.56 Mn |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | -2.81 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 4.81 Mn |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 177,407.00 |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | -25.59 Mn |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 650,260.00 |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | - |
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 |