Philip Morris International Inc. Income Tax Expense 2007-2026 | PM
What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is Philip Morris International Inc.'s current income tax expense?
Philip Morris International Inc. (PM) annual income tax expense for 2025 was $2.74B, a 9.28% decline from 2024. Philip Morris International Inc. income tax expense for the quarter ending March 31, 2026 was $676.0M.
What was Philip Morris International Inc.'s income tax expense in 2024?
Philip Morris International Inc. annual income tax expense for 2024 was $3.02B, a 28.99% increase from 2023.
What was Philip Morris International Inc.'s income tax expense in 2023?
Philip Morris International Inc. annual income tax expense for 2023 was $2.34B, a 4.23% increase from 2022.
What is Philip Morris International Inc.'s 5-year income tax expense CAGR?
Philip Morris International Inc. income tax expense grew at a compound annual growth rate (CAGR) of 2.86% from FY2020 to FY2025, going from $2.38B to $2.74B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $2.74B | -9.3% | 10-K |
| FY2024 | $3.02B | +29.0% | 10-K |
| FY2023 | $2.34B | +4.2% | 10-K |
| FY2022 | $2.24B | -16.0% | 10-K |
| FY2021 | $2.67B | +12.4% | 10-K |
| FY2020 | $2.38B | +3.7% | 10-K |
| FY2019 | $2.29B | -6.2% | 10-K |
| FY2018 | $2.44B | -43.2% | 10-K |
| FY2017 | $4.31B | +55.6% | 10-K |
| FY2016 | $2.77B | +3.0% | 10-K |
| FY2015 | $2.69B | -13.2% | 10-K |
| FY2014 | $3.10B | -15.6% | 10-K |
| FY2013 | $3.67B | -4.3% | 10-K |
| FY2012 | $3.83B | +4.9% | 10-K |
| FY2011 | $3.65B | +29.3% | 10-K |
| FY2010 | $2.83B | +5.0% | 10-K |
| FY2009 | $2.69B | -3.4% | 10-K |
| FY2008 | $2.79B | +8.4% | 10-K |
| FY2007 | $2.57B | - | 10-K |