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
DateValue
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