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

Philip Morris International has disclosed Tax Rate across 18 years of filings, most recently posting 22.25% for Q2 2026.

• In Q2 2026, Tax Rate rose 321.0% year-over-year to 22.25%; the TTM figure through Jun 2026 stood at 20.22% (down 208.0% YoY), while the FY2025 annual figure was 19.72%, down 501.0% from the prior year.
• Tax Rate came in at 22.25% for Q2 2026 at Philip Morris International, up from 18.46% 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.
• Average Tax Rate over 5 years is 21.33%, with a median of 20.81% recorded in 2022.
• The largest YoY upside for Tax Rate was 1762 bps in 2024 against a maximum downside of 1194 bps in 2024.
• Over 5 years, 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 gained by 4 bps to 22.25% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 22.25% in Q2 2026, 18.46% in Q1 2026, and 21.46% in Q4 2025.