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Altria Group MO Smokeable Products Segment — Implementation Costs

Other segment segments

Oral Tobacco Segment
$59M+2,850%

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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:OtherRestructuringCosts.

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
Line itemExit Costs / For the Six Months Ended June 30,Implementation Costs / For the Six Months Ended June 30,Exit Costs / For the Three Months Ended June 30,Implementation Costs / For the Three Months Ended June 30,
(in millions)20252025 (3)20252025 (3)
USSTC Facilities Consolidation:
Oral tobacco products segment
Optimize & Accelerate initiative:
Smokeable products segment125112
Oral tobacco products segment42
Total Optimize & Accelerate initiative129114
Total$$1$$29$$1$$14

Item 1. Financial Statements

FAQ

What is Altria Group's smokeable products segment — implementation costs?
Altria Group (MO) reported smokeable products segment — implementation costs of $7M in Q2 2026.
How has Altria Group's smokeable products segment — implementation costs changed year-over-year?
Altria Group's smokeable products segment — implementation costs decreased by 41.7% year-over-year, from $12M to $7M.
What does smokeable products segment — implementation costs mean?
Represents the non-recurring expenses incurred by the smokeable products business unit to execute strategic initiatives, organizational restructuring, or the integration of new operational processes. These costs are typically associated with transitioning business models or optimizing manufacturing and distribution footprints. Monitoring these expenses helps investors assess the financial impact of management's efforts to modernize the core tobacco business.

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