Altria Income Statement

MO / Consumer Staples|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Altria reported $23.3B in revenue and $6.9B in net income for FY2025. Revenue has declined at a 0.2% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

Strong profit margin: 37.9%
High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$23.3B	$24.0B	$26.0B	$26.2B	$26.0B	$25.4B	$25.6B	$25.4B	$25.4B	$24.5B	$25.4B	$24.6B	$23.8B	$24.6B	$23.8B
Cost of Revenue	$5.6B	$6.1B	$7.1B	$7.8B	$7.1B	$7.4B	$7.5B	$7.4B	$7.7B	$7.8B	$7.7B	$7.9B	$7.7B	$7.9B	$7.7B
Gross Profit	$14.5B	$14.4B	$14.0B	$13.0B	$14.0B	$12.3B	$12.0B	$12.3B	$11.1B	$10.2B	$11.1B	$9.6B	$8.9B	$9.6B	$8.9B
R&D Expense	$195.0M	$208.0M	$145.0M	$131.0M	$145.0M	$252.0M	$241.0M	$252.0M	$186.0M	$167.0M	$186.0M	$136.0M	$128.0M	$136.0M	$128.0M
Operating Income	$9.9B	$11.2B	$11.6B	$10.9B	$11.6B	$9.1B	$9.6B	$9.1B	$8.4B	$7.6B	$8.4B	$7.3B	$6.1B	$7.3B	$6.1B
Interest Expense	-	-	$1.2B	$1.2B	$1.2B	$697.0M	$736.0M	$697.0M	$808.0M	$857.0M	$808.0M	$1.1B	$1.2B	$1.1B	$1.2B
Income Tax	$2.4B	$2.4B	$1.3B	$2.4B	$1.3B	$2.4B	-$399.0M	$2.4B	$2.8B	$2.7B	$2.8B	$2.3B	$2.2B	$2.3B	$2.2B
Net Income	$6.9B	$11.3B	$2.5B	$4.5B	$2.5B	$7.0B	$10.2B	$7.0B	$5.2B	$5.1B	$5.2B	$4.2B	$3.4B	$4.2B	$3.4B
EPS (Basic)	$4.12	$3.19	$1.34	$2.40	$1.34	$3.69	$5.31	$7.28	-	-	-	-	-	$1.87	$1.55
EPS (Diluted)	$4.12	$3.19	$1.34	$2.40	$1.34	$3.68	$5.31	$7.28	$2.67	$2.56	$2.26	$2.06	$1.64	$1.87	$1.54
Shares Outstanding	1.7B	1.8B	1.9B	1.9B	1.8B	1.9B	1.9B	2.0B	2.0B	2.0B	2.0B	2.0B	2.1B	2.1B	2.1B
Gross Margin	62.5%	59.8%	53.8%	49.8%	53.8%	48.3%	46.8%	48.3%	43.7%	41.4%	43.7%	38.9%	37.6%	38.9%	37.6%
Operating Margin	42.5%	46.8%	44.4%	41.6%	44.4%	35.9%	37.5%	35.9%	32.9%	31.1%	32.9%	29.5%	25.5%	29.5%	25.5%
Profit Margin	29.8%	46.9%	9.5%	17.1%	9.5%	27.5%	40.0%	27.5%	20.6%	20.7%	20.6%	17.0%	14.2%	17.0%	14.2%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Altria Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$23.3B

$24.0B

$26.0B

$26.2B

$26.0B

$25.4B

$25.6B

$25.4B

$24.5B

$25.4B

$24.6B

$23.8B

$24.6B

$23.8B

Cost of Revenue

$5.6B

$6.1B

$7.1B

$7.8B

$7.1B

$7.4B

$7.5B

$7.4B

$7.7B

$7.8B

$7.7B

$7.9B

$7.7B

$7.9B

$7.7B

Gross Profit

$14.5B

$14.4B

$14.0B

$13.0B

$14.0B

$12.3B

$12.0B

$12.3B

$11.1B

$10.2B

$11.1B

$9.6B

$8.9B

$9.6B

$8.9B

R&D Expense

$195.0M

$208.0M

$145.0M

$131.0M

$145.0M

$252.0M

$241.0M

$252.0M

$186.0M

$167.0M

$186.0M

$136.0M

$128.0M

$136.0M

$128.0M

Operating Income

$9.9B

$11.2B

$11.6B

$10.9B

$11.6B

$9.1B

$9.6B

$9.1B

$8.4B

$7.6B

$8.4B

$7.3B

$6.1B

$7.3B

$6.1B

Interest Expense

$1.2B

$697.0M

$736.0M

$697.0M

$808.0M

$857.0M

$808.0M

$1.1B

$1.2B

$1.1B

$1.2B

Income Tax

$2.4B

$1.3B

$2.4B

$1.3B

$2.4B

-$399.0M

$2.4B

$2.8B

$2.7B

$2.8B

$2.3B

$2.2B

$2.3B

$2.2B

Net Income

$6.9B

$11.3B

$2.5B

$4.5B

$2.5B

$7.0B

$10.2B

$7.0B

$5.2B

$5.1B

$5.2B

$4.2B

$3.4B

$4.2B

$3.4B

EPS (Basic)

$4.12

$3.19

$1.34

$2.40

$1.34

$3.69

$5.31

$7.28

$1.87

$1.55

EPS (Diluted)

$4.12

$3.19

$1.34

$2.40

$1.34

$3.68

$5.31

$7.28

$2.67

$2.56

$2.26

$2.06

$1.64

$1.87

$1.54

Shares Outstanding

1.7B

1.8B

1.9B

1.8B

1.9B

2.0B

2.1B

Gross Margin

62.5%

59.8%

53.8%

49.8%

53.8%

48.3%

46.8%

48.3%

43.7%

41.4%

43.7%

38.9%

37.6%

38.9%

37.6%

Operating Margin

42.5%

46.8%

44.4%

41.6%

44.4%

35.9%

37.5%

35.9%

32.9%

31.1%

32.9%

29.5%

25.5%

29.5%

25.5%

Profit Margin

29.8%

46.9%

9.5%

17.1%

9.5%

27.5%

40.0%

27.5%

20.6%

20.7%

20.6%

17.0%

14.2%

17.0%

14.2%