Philip Morris International PM
NYSE PM
$189.79 -1.74 (-0.91%)
As of: Aug 21, 2026 · 10:55 AM EDT

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
DateValue
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