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

Philip Morris International has disclosed Tax Rate across 18 years of filings, most recently posting 18.46% for Q1 2026.

• Tax Rate for Q1 2026 came in at 18.46%, down 156.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.33% (down 419.0% YoY), and the FY2025 annual result was 19.72%, down 501.0% from the prior year.
• Tax Rate came in at 18.46% for Q1 2026 at Philip Morris International, down 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.
• The 5-year median for Tax Rate is 20.31% (2022), against an average of 21.28%.
• Peak annual rise in Tax Rate reached 1762 bps in 2024, while the deepest fall reached 1194 bps in 2024.
• Philip Morris International's Tax Rate stood at 14.89% in 2022, then retreated by 18 bps to 12.27% in 2023, then surged by 144 bps to 29.89% in 2024, then slipped by 28 bps to 21.46% in 2025, then retreated by 14 bps to 18.46% in 2026.
• The last three Tax Rate figures came in at 18.46% (Q1 2026), 21.46% (Q4 2025), and 18.69% (Q3 2025), per Business Quant data.