MO
Altria Group
NYSE: MO · CONSUMER DEFENSIVE · TOBACCO
$68.20
+0.59% today
Updated 2026-04-29
Market cap
$121.46B
P/E ratio
15.17
P/S ratio
6.03x
EPS (TTM)
$4.79
Dividend yield
—
52W range
$52 – $74
Volume
9.1M
Altria Group (MO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70.32B | $38.05B | $15.96B | $16.82B | $16.89B | $16.62B | $17.50B | $17.66B | $17.95B | $18.85B | $19.34B | $19.49B | $25.36B | $25.11B | $26.15B | $26.01B | $25.10B | $24.48B | $20.44B | $20.14B |
| Revenue growth (YoY) | — | -45.9% | -58.1% | +5.4% | +0.4% | -1.6% | +5.3% | +0.9% | +1.6% | +5.1% | +2.6% | +0.8% | +30.1% | -1.0% | +4.2% | -0.5% | -3.5% | -2.4% | -16.5% | -1.5% |
| Cost of revenue | $37.48B | $16.55B | $8.27B | $7.99B | $7.70B | $7.68B | $7.94B | $7.21B | $7.79B | $7.74B | $7.75B | $7.54B | $7.37B | $7.08B | $7.82B | $7.12B | $6.44B | $10.20B | $6.08B | $2.70B |
| Gross profit | $32.84B | $21.50B | $7.69B | $8.83B | $9.19B | $8.94B | $9.56B | $10.46B | $10.16B | $11.11B | $11.59B | $11.95B | $12.25B | $12.71B | $13.02B | $13.99B | $14.25B | $14.28B | $14.37B | $17.44B |
| Gross margin | 46.7% | 56.5% | 48.2% | 52.5% | 54.4% | 53.8% | 54.6% | 59.2% | 56.6% | 58.9% | 59.9% | 61.3% | 48.3% | 50.6% | 49.8% | 53.8% | 56.8% | 58.3% | 70.3% | 86.6% |
| R&D | $1.00B | $631.00M | $232.00M | $177.00M | $144.00M | $128.00M | $136.00M | $153.00M | $167.00M | $186.00M | $203.00M | $241.00M | $252.00M | $168.00M | $131.00M | $145.00M | $162.00M | $220.00M | $208.00M | $195.00M |
| SG&A | $16.04B | $8.27B | $2.36B | $2.95B | $2.92B | $2.66B | $2.25B | $2.36B | $2.54B | $2.75B | $2.65B | $2.36B | $2.76B | $2.23B | $2.15B | $2.43B | $2.33B | $2.77B | $214.00M | $2.26B |
| Operating income | $17.41B | $13.23B | $4.88B | $5.46B | $6.23B | $6.07B | $7.25B | $8.08B | $7.62B | $8.36B | $8.76B | $9.56B | $9.12B | $10.33B | $10.87B | $11.56B | $11.92B | $12.32B | $11.24B | $15.06B |
| Operating margin | 24.8% | 34.8% | 30.6% | 32.5% | 36.9% | 36.5% | 41.4% | 45.8% | 42.5% | 44.3% | 45.3% | 49.0% | 35.9% | 41.1% | 41.6% | 44.4% | 47.5% | 50.3% | 55.0% | 74.8% |
| EBITDA | $18.18B | $14.86B | $7.08B | $6.36B | $7.13B | $7.05B | $7.83B | $8.21B | $8.84B | $9.12B | $22.81B | $10.77B | $10.26B | $2.32B | $8.38B | $5.26B | $8.74B | $12.32B | $15.07B | $10.83B |
| EBITDA margin | 25.8% | 39.1% | 44.4% | 37.8% | 42.2% | 42.4% | 44.7% | 46.5% | 49.3% | 48.4% | 118.0% | 55.2% | 40.5% | 9.2% | 32.1% | 20.2% | 34.8% | 50.3% | 73.7% | 53.8% |
| EBIT | $16.37B | $13.88B | $6.87B | $6.06B | $6.86B | $6.80B | $7.60B | $8.00B | $8.63B | $8.90B | $22.61B | $10.56B | $10.03B | $2.09B | $8.13B | $5.01B | $8.52B | $12.32B | $14.78B | $10.57B |
| Interest expense | $629.00M | $475.00M | $237.00M | $1.19B | $1.14B | $1.22B | $1.13B | $1.05B | $857.00M | $821.00M | $760.00M | $736.00M | $697.00M | $1.32B | $1.22B | $1.19B | $1.13B | $989.00M | $1.12B | $1.18B |
| Income tax | $4.35B | $4.10B | $1.70B | $1.67B | $1.82B | $2.19B | $2.29B | $2.41B | $2.70B | $2.83B | $7.61B | $-399.00M | $2.37B | $2.06B | $2.44B | $1.35B | $1.63B | $2.80B | $2.39B | $2.44B |
| Effective tax rate | 26.6% | 29.5% | 25.6% | 34.2% | 31.7% | 39.2% | 35.4% | 34.7% | 34.8% | 35.1% | 34.8% | -4.1% | 25.4% | 267.7% | 35.3% | 35.3% | 22.0% | 25.6% | 17.5% | 26.0% |
| Net income | $12.02B | $9.79B | $4.93B | $3.21B | $3.90B | $3.39B | $4.18B | $4.54B | $5.07B | $5.24B | $14.24B | $10.22B | $6.96B | $-1.29B | $4.47B | $2.48B | $5.76B | $8.13B | $11.26B | $6.95B |
| Net income growth (YoY) | — | -18.6% | -49.6% | -35.0% | +21.8% | -13.2% | +23.3% | +8.5% | +11.8% | +3.4% | +171.7% | -28.2% | -31.9% | -118.6% | +445.5% | -44.6% | +132.9% | +41.0% | +38.5% | -38.3% |
| Profit margin | 17.1% | 25.7% | 30.9% | 19.1% | 23.1% | 20.4% | 23.9% | 25.7% | 28.3% | 27.8% | 73.6% | 52.4% | 27.5% | -5.1% | 17.1% | 9.5% | 23.0% | 33.2% | 55.1% | 34.5% |