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Altria Group MO Smokeable Products Segment — Litigation Settlement, Loss

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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:LitigationSettlementLoss.

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
Net revenues$10,150$9,979$5,392$5,357
Settlement charges (1)(1,453)(1,486)(785)(799)
Excise taxes on products sold(1,380)(1,502)(732)(787)
Other segment items (2)(1,702)(1,592)(933)(841)
Operating companies income$5,615$5,399$2,942$2,930

Item 1. Financial Statements

FAQ

What is Altria Group's smokeable products segment — litigation settlement, loss?
Altria Group (MO) reported smokeable products segment — litigation settlement, loss of $785M in Q2 2026.
How has Altria Group's smokeable products segment — litigation settlement, loss changed year-over-year?
Altria Group's smokeable products segment — litigation settlement, loss decreased by 1.8% year-over-year, from $799M to $785M.
What is the long-term trend for Altria Group's smokeable products segment — litigation settlement, loss?
Over 3 years (2022 to 2025), Altria Group's smokeable products segment — litigation settlement, loss has grown at a -8.2% compound annual growth rate (CAGR), from $3.91B to $3.03B.
What does smokeable products segment — litigation settlement, loss mean?
This captures the financial impact of legal settlements and losses specifically attributed to the smokeable products segment. It reflects the ongoing legal risks and liabilities associated with the tobacco industry. Monitoring this helps investors understand the potential for non-recurring charges that impact segment earnings.

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