Philip Morris International (PM) Tax Rate (2009 - 2026)

Philip Morris International (PM) has 18 years of Tax Rate data on file, last reported at 18.46% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 156.0% year-over-year to 18.46%; the trailing twelve-month figure through Mar 2026 stood at 19.33% (down 419.0% YoY), and the FY2025 full-year result was 19.72%, down 501.0% from the prior year.
• Tax Rate fell to 18.46% in Q1 2026, from 21.46% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 33.25% in Q3 2023 to a low of 12.27% in Q4 2023.
• A 5-year average of 21.28% and a median of 20.31% in 2022 frame the typical range for Tax Rate.
• Peak annual rise in Tax Rate reached 1762 bps in 2024, while the deepest fall reached 1194 bps in 2024.
• Tracing PM's Tax Rate over 5 years: stood at 14.89% in 2022, then fell by 18 bps to 12.27% in 2023, then jumped by 144 bps to 29.89% in 2024, then decreased by 28 bps to 21.46% in 2025, then fell by 14 bps to 18.46% in 2026.
• Business Quant data shows PM's Tax Rate at 18.46% in Q1 2026, 21.46% in Q4 2025, and 18.69% in Q3 2025.