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Altria Group MO Smokeable Products Segment — Depreciation expense

Other segment segments

Oral Tobacco Segment
$11M0.0%

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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$114.28B+7.7%
Enterprise value$134.79B+5.0%
P/E14.3×+2.3×
P/S4.9×+0.4×

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:Depreciation.

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
Depreciation expense:
Smokeable products$27$29$14$14
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

Item 1. Financial Statements

FAQ

What is Altria Group's smokeable products segment — depreciation expense?
Altria Group (MO) reported smokeable products segment — depreciation expense of $14M in Q2 2026.
How has Altria Group's smokeable products segment — depreciation expense changed year-over-year?
Altria Group's smokeable products segment — depreciation expense decreased by 0.0% year-over-year, from $14M to $14M.
What is the long-term trend for Altria Group's smokeable products segment — depreciation expense?
Over 4 years (2021 to 2025), Altria Group's smokeable products segment — depreciation expense has grown at a -7.7% compound annual growth rate (CAGR), from $80M to $58M.
What does smokeable products segment — depreciation expense mean?
This represents the systematic allocation of the cost of tangible assets used within the smokeable products segment over their useful lives. It reflects the wear and tear of production facilities and machinery necessary to maintain operations. Investors use this to understand the capital intensity of the segment's manufacturing processes.

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