Philip Morris International (PM) Tax Provisions (2009 - 2026)
Philip Morris International's (PM) quarterly Tax Provisions came in at $955.0 million in Q2 2026, up 46.47% year-over-year from $652.0 million in Q2 2025, and up 41.27% quarter-over-quarter from $676.0 million in Q1 2026.
Analysis
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 $955.0 million for Q2 2026.
- In Q2 2026, Tax Provisions rose 46.47% year-over-year to $955.0 million; the TTM figure through Jun 2026 stood at $3.1 billion (up 4.76% YoY), while the FY2025 annual figure was $2.7 billion, down 9.28% from the prior year.
- Tax Provisions came in at $955.0 million for Q2 2026 at Philip Morris International, up from $676.0 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.
- Average Tax Provisions over 5 years is $664.9 million, with a median of $667.0 million recorded in 2025.
- Year-over-year, Tax Provisions slumped 31.03% in 2022 and soared 172.5% in 2024.
- Over 5 years, 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 soared by 41.48% to $955.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $955.0 million in Q2 2026, $676.0 million in Q1 2026, and $675.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 295.50 Bn | 289.50 Bn | 7.66 Bn | 955.00 Mn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | - |
| 3 | Altria | 114.79 Bn | 112.42 Bn | 3.82 Bn | 631.00 Mn |
| 4 | RLX Technology | 2.19 Bn | 1.48 Bn | 52.74 Mn | -3.66 Mn |
| 5 | Turning Point Brands | 1.43 Bn | 1.16 Bn | 93.70 Mn | 3.68 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | -395,404.00 |
| 7 | 22nd Century | 428,944.04 | -5.63 Mn | -293,000.00 | - |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | - |
Historic Data
Download Data
Historic 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 |