Philip Morris International Inc. logo
PMPhilip Morris International Inc.

Average Tax Rate

Tax Rate

The latest reported tax rate is 20.75% as of Tuesday, March 31, 2026, shown against its trailing averages.

PM Tax Rate

PM Average Tax Rate

PM Tax Rate Averages

TAX RATE LATEST REPORTED

20.75%

TAX RATE TTM

19.41%

TAX RATE 3Y

18.89%

TAX RATE 5Y

19.46%

TAX RATE 10Y

22.38%

TAX RATE 15Y

24.16%

TAX RATE 20Y

25.08%

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.

New York City, NY
83,100 employees
Consumer Defensive / Tobacco
Sector
Consumer Defensive
Industry
Tobacco
CEO
Jacek Olczak