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Altria Group MO Gross margin

Gross margin at other companies

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Philip Morris InternationalPM
67.3%+1.6pp

Other financials

Income statement

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Revenue$5.4B+3.2%
Gross profit$4.2B+4.7%
Operating income$3.0B+65.3%
Net income$2.2B+103%
EPS (diluted)$1.30+106%

Balance sheet

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Cash & equivalents$3.6B-25.3%
Total debt$24.1B+2.7%
Total equity-$3.2B+8.5%
Total assets$34.6B-3.3%

Cash flow

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Operating cash flow$2.3B-14.6%
CapEx$93.0M+145%
Free cash flow$2.2B-16.8%

Valuation

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Market cap$115.42B+8.7%
Enterprise value$135.93B+8.9%
P/E14.3×+3.9×
P/S4.9×+0.4×

Profitability

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Operating margin47.2%+3.5pp
Net margin34.3%-8.7pp
FCF margin36.8%+0.7pp

Returns & leverage

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Return on equity101.6%
Debt / equity8.7×
Current ratio0.6×0.0×

Where this comes from

Calculated from Altria Group’s reported figures.

Based on trailing twelve months.

The official record: Altria Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Altria Group's gross margin?
Altria Group (MO) reported gross margin of 76.2% in Q1 2026.
How has Altria Group's gross margin changed year-over-year?
Altria Group's gross margin increased by 1.5% year-over-year, from 75.1% to 76.2%.
What is the long-term trend for Altria Group's gross margin?
Over 5 years (2020 to 2025), Altria Group's gross margin has grown at a 3.1% compound annual growth rate (CAGR), from 65.3% to 76%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.