Discontinued — last reported Q2 '20

Non-Current Assets

Construction in progress

Altria Group Construction in progress increased by 60.8% to $320.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 60.8%, from $199.00M to $320.00M. Over 5 years (FY 2020 to FY 2025), Construction in progress shows relatively stable performance with a 0.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ3 2015
Last reportedQ2 2020
Parent metricPP&E (Net)

How to read this metric

A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.

Detailed definition

The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....

Peer comparison

Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.

Metric ID: ppe_construction_in_progress

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$235.00M$248.00M$240.00M$199.00M$320.00M
QoQ Change+5.5%-3.2%-17.1%+60.8%
YoY Change+5.5%-3.2%-17.1%+60.8%
% of PP&E (Net)15.1%15.4%14.5%12.3%18.7%
Share Change+0.3pp-0.9pp-2.2pp+6.4pp
Range$199.00M$320.00M
CAGR+36.2%
Avg YoY Growth+11.5%
Median YoY Growth+1.2%

Frequently Asked Questions

What is Altria Group's construction in progress?
Altria Group (MO) reported construction in progress of $320.00M in Q4 2025.
How has Altria Group's construction in progress changed year-over-year?
Altria Group's construction in progress increased by 60.8% year-over-year, from $199.00M to $320.00M.
What is the long-term trend for Altria Group's construction in progress?
Over 5 years (2020 to 2025), Altria Group's construction in progress has grown at a 0.5% compound annual growth rate (CAGR), from $312.00M to $320.00M.
What does construction in progress mean?
The value of capital projects currently being built but not yet in use.