Altria Group, Inc. (MO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 5.43B | 5.85B | 5.25B | 5.29B | 4.52B | 5.11B | 5.34B | 5.28B | 4.72B | 5.02B | 5.28B | 5.44B | 4.76B | 5.08B | 5.41B | 5.37B | 4.82B | 5.09B | 5.53B | 5.61B |
| Revenue Growth % | 20.12% | 14.49% | -1.74% | 0.25% | -4.2% | 1.63% | 1.27% | -2.96% | -0.97% | -1.16% | -2.49% | 1.19% | -1.16% | -0.06% | -2.15% | -4.28% | -1.25% | 0.61% | -2.59% | 10.9% |
| Cost of Goods Sold | 1.92B | 2.21B | 1.44B | 1.44B | 1.27B | 1.5B | 1.54B | 1.6B | 1.44B | 1.52B | 1.58B | 1.68B | 1.43B | 1.57B | 1.72B | 1.71B | 1.45B | 1.77B | 1.86B | 1.88B |
| COGS % of Revenue | 35.41% | 37.89% | 27.4% | 27.22% | 28.1% | 29.42% | 28.74% | 30.36% | 30.46% | 30.35% | 29.9% | 30.91% | 30.11% | 30.95% | 31.69% | 31.78% | 30.01% | 34.82% | 33.59% | 33.52% |
| Gross Profit | 3.51B | 3.63B | 3.81B | 3.85B | 3.25B | 3.6B | 3.81B | 3.67B | 3.28B | 3.5B | 3.7B | 3.76B | 3.33B | 3.51B | 3.7B | 3.67B | 3.37B | 3.31B | 3.67B | 3.73B |
| Gross Margin % | 64.59% | 62.11% | 72.6% | 72.78% | 71.9% | 70.58% | 71.26% | 69.64% | 69.54% | 69.65% | 70.1% | 69.09% | 69.89% | 69.05% | 68.31% | 68.22% | 69.99% | 65.18% | 66.41% | 66.48% |
| Gross Profit Growth % | 7.91% | 0.75% | 0.1% | 4.76% | -0.95% | 3% | 2.95% | -2.18% | -1.47% | -0.31% | 0.05% | 2.48% | -1.3% | 5.88% | 0.65% | -1.77% | 3.09% | 5.37% | -1.18% | 13.54% |
| Operating Expenses | 550M | 1.98B | 582M | 620M | 1.46B | 722M | 656M | 1.14B | 606M | 703M | 610M | 852M | 572M | 692M | 585M | 561M | 489M | 582M | 722M | 546M |
| OpEx % of Revenue | 10.13% | 33.87% | 11.08% | 11.72% | 32.33% | 14.14% | 12.28% | 21.64% | 12.85% | 13.99% | 11.56% | 15.67% | 12.01% | 13.61% | 10.81% | 10.44% | 10.15% | 11.44% | 13.05% | 9.73% |
| Selling, General & Admin | 550M | 618M | 580M | 619M | 588M | 687M | 656M | 788M | 606M | 703M | 610M | 852M | 572M | 692M | 585M | 561M | 489M | 582M | 722M | 546M |
| SG&A % of Revenue | 10.13% | 10.57% | 11.05% | 11.7% | 13.01% | 13.45% | 12.28% | 14.93% | 12.85% | 13.99% | 11.56% | 15.67% | 12.01% | 13.61% | 10.81% | 10.44% | 10.15% | 11.44% | 13.05% | 9.73% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 43M | 61M | 0 | 0 | 71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 0.84% | 1.14% | - | - | 1.41% | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.96B | 1.65B | 3.23B | 3.23B | 1.79B | 2.88B | 3.15B | 2.53B | 2.67B | 2.8B | 3.09B | 2.9B | 2.76B | 2.82B | 3.11B | 3.1B | 2.88B | 2.73B | 2.95B | 3.19B |
| Operating Margin % | 54.46% | 28.24% | 61.51% | 61.06% | 39.57% | 56.44% | 58.98% | 48% | 56.69% | 55.65% | 58.54% | 53.42% | 57.88% | 55.44% | 57.5% | 57.78% | 59.85% | 53.74% | 53.35% | 56.75% |
| Operating Income Growth % | 65.32% | -42.71% | 2.47% | 27.52% | -33.13% | 3.08% | 2.04% | -12.81% | -3.01% | -0.78% | -0.74% | -6.44% | -4.4% | 3.11% | 5.46% | -2.54% | 7.21% | 5.89% | -6.61% | 13.95% |
| EBITDA | 3.01B | 1.67B | 3.3B | 3.3B | 1.86B | 2.96B | 3.23B | 2.61B | 2.74B | 2.87B | 3.17B | 2.97B | 2.81B | 2.88B | 3.17B | 3.16B | 2.94B | 2.79B | 3.01B | 3.25B |
| EBITDA Margin % | 55.49% | 28.58% | 62.85% | 62.4% | 41.14% | 57.87% | 60.37% | 49.4% | 58.07% | 57.21% | 60.05% | 54.56% | 58.98% | 56.68% | 58.5% | 58.84% | 60.93% | 54.8% | 54.47% | 57.91% |
| EBITDA Growth % | 62.02% | -43.45% | 2.29% | 26.62% | -32.13% | 2.82% | 1.8% | -12.13% | -2.49% | -0.24% | 0.09% | -6.17% | -4.33% | 3.37% | 5.08% | -2.74% | 6.65% | 5.33% | -6.49% | 13.63% |
| D&A (Non-Cash Add-back) | 56M | 20M | 70M | 71M | 71M | 73M | 74M | 74M | 65M | 78M | 80M | 62M | 52M | 63M | 54M | 57M | 52M | 54M | 62M | 65M |
| EBIT | 2.96B | 1.78B | 3.35B | 3.39B | 1.95B | 3.12B | 3.29B | 5.38B | 2.99B | 3.13B | 3.18B | 3.06B | 2.71B | 3B | 678M | 1.89B | 2.95B | 2.6B | -3.04B | 3.2B |
| Net Interest Income | -258M | -264M | -278M | -275M | -262M | -255M | -267M | -261M | -254M | -231M | -272M | -257M | -229M | -226M | -271M | -280M | -281M | -293M | -266M | -295M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 258M | 264M | 278M | 275M | 262M | 255M | 267M | 261M | 254M | 231M | 272M | 257M | 229M | 226M | 271M | 280M | 281M | 293M | 266M | 295M |
| Other Income/Expense | -97M | -138M | -155M | -112M | -105M | -105M | -126M | 2.58B | 65M | -61M | -181M | -99M | -278M | -114M | -2.71B | -1.5B | -211M | -453M | -6.25B | -277M |
| Pretax Income | 2.86B | 1.51B | 3.08B | 3.12B | 1.68B | 2.78B | 3.03B | 5.12B | 2.74B | 2.73B | 2.91B | 2.81B | 2.48B | 2.7B | 407M | 1.6B | 2.67B | 2.28B | -3.3B | 2.91B |
| Pretax Margin % | 52.67% | 25.88% | 58.56% | 58.94% | 37.24% | 54.39% | 56.62% | 96.95% | 58.07% | 54.44% | 55.11% | 51.6% | 52.05% | 53.2% | 7.52% | 29.87% | 55.47% | 44.83% | -59.7% | 51.82% |
| Income Tax | 676M | 396M | 700M | 740M | 606M | -262M | 733M | 1.31B | 610M | 675M | 742M | 689M | 692M | 14M | 183M | 714M | 714M | 656M | -582M | 759M |
| Effective Tax Rate % | 23.64% | 26.17% | 22.76% | 23.73% | 36.01% | -9.43% | 24.22% | 25.66% | 22.27% | 24.68% | 25.52% | 24.55% | 27.91% | 0.52% | 44.96% | 44.49% | 26.71% | 28.77% | 17.63% | 26.09% |
| Net Income | 2.18B | 1.12B | 2.38B | 2.38B | 1.08B | 3.04B | 2.29B | 3.8B | 2.13B | 2.06B | 2.17B | 2.12B | 1.79B | 2.69B | 224M | 891M | 1.96B | 1.62B | -2.72B | 2.15B |
| Net Margin % | 40.22% | 19.11% | 45.23% | 44.95% | 23.83% | 59.52% | 42.91% | 72.07% | 45.13% | 41% | 41.05% | 38.93% | 37.52% | 52.92% | 4.14% | 16.58% | 40.65% | 31.93% | -49.21% | 38.28% |
| Net Income Growth % | 102.69% | -63.24% | 3.58% | -37.47% | -49.41% | 47.52% | 5.86% | 79.64% | 19.14% | -23.42% | 866.96% | 137.6% | -8.78% | 65.64% | 108.23% | -58.54% | 37.57% | -15.59% | -185.92% | 10.6% |
| Net Income (Continuing) | 2.18B | 1.12B | 2.38B | 2.38B | 1.08B | 3.04B | 2.29B | 3.8B | 2.13B | 2.06B | 2.17B | 2.12B | 1.79B | 2.69B | 224M | 891M | 1.96B | 1.62B | -2.72B | 2.15B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 0 | 0 | 0 | 0 | 2M | 2M |
| EPS (Diluted) | 1.30 | 0.66 | 1.41 | 1.41 | 0.63 | 1.79 | 1.34 | 2.21 | 1.21 | 1.16 | 1.22 | 1.19 | 1.00 | 1.50 | 0.12 | 0.49 | 1.08 | 0.88 | -1.48 | 1.16 |
| EPS Growth % | 106.35% | -63.13% | 5.22% | -36.2% | -47.93% | 54.31% | 9.84% | 85.71% | 21% | -22.67% | 916.67% | 142.86% | -7.41% | 70.45% | 108.11% | -57.76% | 40.26% | -14.56% | -190.2% | 11.54% |
| EPS (Basic) | 1.30 | 0.66 | 1.41 | 1.41 | 0.63 | 1.80 | 1.34 | 2.21 | 1.21 | 1.16 | 1.22 | 1.19 | 1.00 | 1.50 | 0.12 | 0.49 | 1.08 | 0.89 | -1.48 | 1.16 |
| Diluted Shares Outstanding | 1.67B | 1.68B | 1.68B | 1.68B | 1.69B | 1.69B | 1.7B | 1.72B | 1.76B | 1.77B | 1.77B | 1.78B | 1.79B | 1.79B | 1.8B | 1.81B | 1.82B | 1.83B | 1.84B | 1.85B |
| Basic Shares Outstanding | 1.67B | 1.68B | 1.68B | 1.68B | 1.69B | 1.69B | 1.7B | 1.72B | 1.76B | 1.77B | 1.77B | 1.78B | 1.79B | 1.79B | 1.8B | 1.81B | 1.82B | 1.82B | 1.84B | 1.85B |
| Dividend Payout Ratio | 81.54% | 159.8% | 72.46% | 72.5% | 160.63% | 57.16% | 73.62% | 44.36% | 81.4% | 84.42% | 77.33% | 79.45% | 94.18% | 62.86% | 727.23% | 183.39% | 83.97% | 102.16% | - | 74.22% |