Altria Group financials
$68.72−0.59%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.28B | $24.02B | $24.48B | $25.10B | $26.01B | $26.15B | $25.11B | $25.36B | $25.58B | $25.74B |
| Gross profit | $14.54B | $14.37B | $14.28B | $14.25B | $13.99B | $13.02B | $12.71B | $12.25B | $18.05B | $17.98B |
| Gross margin | 62.5% | 59.8% | 58.3% | 56.8% | 53.8% | 49.8% | 50.6% | 48.3% | 70.6% | 69.8% |
| Operating income | $9.90B | $11.24B | $11.55B | $12.10B | $11.56B | $10.87B | $10.33B | $9.12B | $9.59B | $8.76B |
| Net income | $6.93B | $11.24B | $8.11B | $5.75B | $2.46B | $4.47B | -$1.29B | $6.96B | $10.22B | $14.24B |
| Net margin | 29.8% | 46.8% | 33.1% | 22.9% | 9.5% | 17.1% | −5.1% | 27.5% | 40.0% | 55.3% |
| Diluted EPS | $4.12 | $6.54 | $4.57 | $3.19 | $1.34 | $2.40 | $-0.70 | $3.68 | $5.31 | $7.28 |
| EBITDA | $12.30B | $11.92B | $11.82B | $12.33B | $11.80B | $11.13B | $10.71B | $9.72B | $9.83B | $9.11B |
| Operating cash flow | $9.29B | $8.75B | $9.29B | $8.26B | $8.40B | $8.38B | $7.84B | $8.39B | $4.90B | $3.83B |
| Free cash flow | $9.07B | $8.61B | $9.09B | $8.05B | $8.24B | $8.15B | $7.59B | $8.15B | $4.70B | $3.64B |
| Diluted shares | 1,683.0M | 1,718.0M | 1,777.0M | 1,804.0M | 1,845.0M | 1,859.0M | 1,869.0M | 1,888.0M | 1,921.0M | 1,952.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.47B | $3.13B | $3.69B | $4.03B | $4.54B | $4.95B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $25.71B | $24.93B | $26.23B | $26.68B | $28.04B | $29.47B |
| Total assets | $35.02B | $35.18B | $38.57B | $36.95B | $39.52B | $47.41B |
| Total liabilities | $38.47B | $37.37B | $42.06B | $40.88B | $41.13B | $44.45B |
| Shareholders' equity | -$3.45B | -$2.19B | -$3.49B | -$3.92B | -$1.61B | $2.92B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology