Philip Morris International (MIL:1PM) Tax Rate % : 29.89% (As of Dec. 2024)

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What is Philip Morris International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Philip Morris International's Tax Expense for the three months ended in Dec. 2024 was €833 Mil. Philip Morris International's Pre-Tax Income for the three months ended in Dec. 2024 was €2,786 Mil. Therefore, Philip Morris International's Tax Rate % for the quarter that ended in Dec. 2024 was 29.89%.

Philip Morris International Tax Rate % Historical Data

The historical data trend for Philip Morris International's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Philip Morris International Tax Rate % Chart

Philip Morris International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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21.70

21.84

19.29

22.38

24.73

Philip Morris International Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															12.27	24.75	23.67	21.30	29.89

Philip Morris International Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Philip Morris International's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	2881.235	/	11650.045
	=	24.73 %

Philip Morris International's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	832.76	/	2785.735
	=	29.89 %

Philip Morris International Tax Rate % Related Terms

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Philip Morris International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (MIL:1PM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PM:USA PM:Mexico 0M8V:UK 4I1:Germany PMI:Switzerland PHMO34:Brazil PMOR:Austria

Address

677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901

Website

https://www.pmi.com

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heated tobacco product.

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