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Altria Group MO Smokeable Products Segment — CapEx

Other segment segments

Oral Tobacco Segment
$18M+100%

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Other financials

Income statement

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Revenue$6.1B+0.1%
Gross profit$3.8B-0.8%
Operating income$3.1B-2.9%
Net income$2.3B-3.4%
EPS (diluted)$1.37-2.8%

Balance sheet

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Cash & equivalents$2.4B+81.6%
Total debt$22.9B-3.2%
Total equity-$2.7B+18.1%
Total assets$33.4B+3.2%

Cash flow

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Operating cash flow$719.0M+251%
CapEx$57.0M+78.1%
Free cash flow$662.0M+283%

Valuation

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Market cap$113.13B+6.6%
Enterprise value$133.64B+4.1%
P/E14.2×+2.1×
P/S4.8×+0.3×

Profitability

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Gross margin63%+1.5pp
Operating margin46.8%-0.1pp
Net margin34%-3.3pp
FCF margin38.8%+1.9pp

Returns & leverage

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Return on equity101.6%
Debt / equity8.7×
Current ratio0.5×+0.1×

Where this comes from

Reported directly by Altria Group in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: Altria Group’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 7:22 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0000764180-26-000094
(in millions)For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025For the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025
Oral tobacco products22211111
General corporate and other171889
Total depreciation expense$66$68$33$34
Capital expenditures:
Smokeable products$81$30$29$12
Oral tobacco products5222189
General corporate and other17181011
Total capital expenditures$150$70$57$32

Item 1. Financial Statements

FAQ

What is Altria Group's smokeable products segment — capex?
Altria Group (MO) reported smokeable products segment — capex of $29M in Q2 2026.
How has Altria Group's smokeable products segment — capex changed year-over-year?
Altria Group's smokeable products segment — capex increased by 141.7% year-over-year, from $12M to $29M.
What is the long-term trend for Altria Group's smokeable products segment — capex?
Over 4 years (2021 to 2025), Altria Group's smokeable products segment — capex has grown at a 22.2% compound annual growth rate (CAGR), from $48M to $107M.
What does smokeable products segment — capex mean?
This represents the cash spent by the smokeable products segment to acquire, upgrade, or maintain physical assets like property, plants, and equipment. It reflects the company's commitment to sustaining or expanding its production capacity. High levels of expenditure indicate ongoing investment in the segment's future operations.

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