KPIs & Operating Metrics(New)
Growth Metrics

Philip Morris International (PM) Tax Rate (2016 - 2026)

Philip Morris International's Tax Rate history spans 18 years, with the latest figure at 18.46% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 156.0% to 18.46% in Q1 2026 year-over-year; TTM through Mar 2026 was 19.33%, a 419.0% decrease, with the full-year FY2025 number at 19.72%, down 501.0% from a year prior.
  • Tax Rate hit 18.46% in Q1 2026 for Philip Morris International, down from 21.46% in the prior quarter.
  • Over the last five years, Tax Rate for PM hit a ceiling of 33.25% in Q3 2023 and a floor of 12.27% in Q4 2023.
  • Historically, Tax Rate has averaged 21.28% across 5 years, with a median of 20.31% in 2022.
  • The widest YoY moves for Tax Rate: up 1762bps in 2024, down -1194bps in 2024.
  • Tracing PM's Tax Rate over 5 years: stood at 14.89% in 2022, then decreased by -18bps to 12.27% in 2023, then soared by 144bps to 29.89% in 2024, then dropped by -28bps to 21.46% in 2025, then decreased by -14bps to 18.46% in 2026.
  • Business Quant data shows Tax Rate for PM at 18.46% in Q1 2026, 21.46% in Q4 2025, and 18.69% in Q3 2025.