Income Tax Expense
The latest quarterly tax expense is $676.00 Million with a quarter-over-quarter change of +0.15%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
PM Tax Expense
Reported quarterly tax expense; no daily interpolation.
Current Tax Expense
$676.00M
$676.00 Million
Quarter-over-Quarter Change
+0.15%
vs. $675.00M prior quarter
Historical Data
82
Quarters of data available
Quarterly Tax Expense History
| Period | Tax Expense | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $676.00M | +$1.00M | +0.15% |
| Q4 2025 | $675.00M | $-76.00M | -10.12% |
| Q3 2025 | $751.00M | +$99.00M | +15.18% |
| Q2 2025 | $652.00M | $-7.00M | -1.06% |
| Q1 2025 | $659.00M | +$424.00M | +180.43% |
| Q4 2024 | $235.00M | $-500.00M | -68.03% |
| Q3 2024 | $735.00M | +$1.00M | +0.14% |
| Q2 2024 | $734.00M | +$58.00M | +8.58% |
| Q1 2024 | $676.00M | +$356.00M | +111.25% |
| Q4 2023 | $320.00M | $-711.00M | -68.96% |
| Q3 2023 | $1.03B | +$471.00M | +84.11% |
| Q2 2023 | $560.00M | +$132.00M | +30.84% |
| Q1 2023 | $428.00M | +$19.00M | +4.65% |
| Q4 2022 | $409.00M | $-213.00M | -34.24% |
| Q3 2022 | $622.00M | +$28.00M | +4.71% |
| Q2 2022 | $594.00M | $-25.00M | -4.04% |
| Q1 2022 | $619.00M | +$26.00M | +4.38% |
| Q4 2021 | $593.00M | $-142.00M | -19.32% |
| Q3 2021 | $735.00M | +$89.00M | +13.78% |
| Q2 2021 | $646.00M | $-51.00M | -7.32% |
| Q1 2021 | $697.00M | +$84.00M | +13.70% |
| Q4 2020 | $613.00M | $-27.00M | -4.22% |
| Q3 2020 | $640.00M | +$112.00M | +21.21% |
| Q2 2020 | $528.00M | $-68.00M | -11.41% |
| Q1 2020 | $596.00M | $-27.00M | -4.33% |
| Q4 2019 | $623.00M | $-12.00M | -1.89% |
| Q3 2019 | $635.00M | +$24.00M | +3.93% |
| Q2 2019 | $611.00M | +$187.00M | +44.10% |
| Q1 2019 | $424.00M | $-127.00M | -23.05% |
| Q4 2018 | $551.00M | $-140.00M | -20.26% |
| Q3 2018 | $691.00M | +$47.00M | +7.30% |
| Q2 2018 | $644.00M | +$85.00M | +15.21% |
| Q1 2018 | $559.00M | $-1.71B | -75.32% |
| Q4 2017 | $2.27B | +$1.45B | +178.94% |
| Q3 2017 | $812.00M | +$123.00M | +17.85% |
| Q2 2017 | $689.00M | +$148.00M | +27.36% |
| Q1 2017 | $541.00M | $-117.00M | -17.78% |
| Q4 2016 | $658.00M | $-106.00M | -13.87% |
| Q3 2016 | $764.00M | +$48.00M | +6.70% |
| Q2 2016 | $716.00M | +$86.00M | +13.65% |
| Q1 2016 | $630.00M | +$218.00M | +52.91% |
| Q4 2015 | $412.00M | $-336.00M | -44.92% |
| Q3 2015 | $748.00M | +$5.00M | +0.67% |
| Q2 2015 | $743.00M | $-42.00M | -5.35% |
| Q1 2015 | $785.00M | +$134.00M | +20.58% |
| Q4 2014 | $651.00M | $-267.00M | -29.08% |
| Q3 2014 | $918.00M | +$166.00M | +22.07% |
| Q2 2014 | $752.00M | $-24.00M | -3.09% |
| Q1 2014 | $776.00M | $-117.00M | -13.10% |
| Q4 2013 | $893.00M | $-59.00M | -6.20% |
| Q3 2013 | $952.00M | +$60.00M | +6.73% |
| Q2 2013 | $892.00M | $-41.00M | -4.39% |
| Q1 2013 | $933.00M | +$134.00M | +16.77% |
| Q4 2012 | $799.00M | $-289.00M | -26.56% |
| Q3 2012 | $1.09B | +$100.00M | +10.12% |
| Q2 2012 | $988.00M | +$30.00M | +3.13% |
| Q1 2012 | $958.00M | +$155.00M | +19.30% |
| Q4 2011 | $803.00M | $-221.00M | -21.58% |
| Q3 2011 | $1.02B | +$5.00M | +0.49% |
| Q2 2011 | $1.02B | +$212.00M | +26.27% |
| Q1 2011 | $807.00M | +$90.00M | +12.55% |
| Q4 2010 | $717.00M | $-13.00M | -1.78% |
| Q3 2010 | $730.00M | +$89.00M | +13.88% |
| Q2 2010 | $641.00M | $-97.00M | -13.14% |
| Q1 2010 | $738.00M | +$106.00M | +16.77% |
| Q4 2009 | $632.00M | $-143.00M | -18.45% |
| Q3 2009 | $775.00M | +$136.00M | +21.28% |
| Q2 2009 | $639.00M | $-6.00M | -0.93% |
| Q1 2009 | $645.00M | +$126.00M | +24.28% |
| Q4 2008 | $519.00M | $-148.00M | -22.19% |
| Q3 2008 | $667.00M | $-123.00M | -15.57% |
| Q2 2008 | $790.00M | $-21.00M | -2.59% |
| Q1 2008 | $811.00M | +$243.00M | +42.78% |
| Q4 2007 | $568.00M | $-142.00M | -20.00% |
| Q3 2007 | $710.00M | +$42.00M | +6.29% |
| Q2 2007 | $668.00M | +$50.00M | +8.09% |
| Q1 2007 | $618.00M | +$618.00M | — |
| Q4 2006 | $0 | +$0 | — |
| Q3 2006 | $0 | +$0 | — |
| Q2 2006 | $0 | +$0 | — |
| Q1 2006 | $0 | $-735.00M | -100.00% |
| Q3 2001 | $735.00M | — | — |
About Philip Morris International Inc.
Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.
- Sector
- Consumer Defensive
- Industry
- Tobacco
- CEO
- Jacek Olczak