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Non-Current Assets

Accumulated Depreciation

Altria Group Accumulated Depreciation increased by 0.5% to $2.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $2.95B to $2.98B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows relatively stable performance with a -1.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
Parent metricPP&E (Net)

How to read this metric

A higher ratio relative to gross assets indicates an aging asset base, potentially signaling upcoming capital expenditure requirements.

Detailed definition

The total amount of depreciation expense allocated to tangible fixed assets since their acquisition. It represents the p...

Peer comparison

Standard across all capital-intensive industries; peers with similar asset ages should have comparable ratios.

Metric ID: ppe_accumulated_depreciation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.17B$2.9B$2.88B$2.75B$2.79B$2.82B$2.82B$2.82B$2.86B$2.9B$2.93B$2.89B$2.89B$2.9B$2.92B$2.95B$2.92B$2.93B$2.96B$2.98B
QoQ Change-8.5%-0.7%-4.4%+1.3%+1.2%-0.1%+0.0%+1.5%+1.3%+1.1%-1.3%-0.1%+0.5%+0.7%+1.1%-1.1%+0.3%+1.1%+0.5%
YoY Change-12.1%-2.7%-2.1%+2.4%+2.6%+2.7%+3.9%+2.5%+0.9%+0.1%-0.3%+2.1%+1.1%+1.0%+1.4%+0.8%
% of PP&E (Net)164.0%191.0%185.4%178.0%179.1%177.8%175.3%177.0%176.0%177.8%177.4%178.0%178.2%179.2%180.6%183.6%181.4%181.2%173.2%172.1%
Share Change+27.0pp-5.7pp-7.4pp+1.1pp-1.2pp-2.5pp+1.7pp-1.1pp+1.9pp-0.5pp+0.7pp+0.2pp+1.0pp+1.3pp+3.1pp-2.3pp-0.2pp-8.0pp-1.1pp
Range$2.75B$3.17B
CAGR-1.3%
Avg YoY Growth+0.3%
Median YoY Growth+1.1%
Current Streak3 quarters growth

Accumulated Depreciation at Other Companies

Frequently Asked Questions

What is Altria Group's accumulated depreciation?
Altria Group (MO) reported accumulated depreciation of $2.98B in Q1 2026.
How has Altria Group's accumulated depreciation changed year-over-year?
Altria Group's accumulated depreciation increased by 0.8% year-over-year, from $2.95B to $2.98B.
What is the long-term trend for Altria Group's accumulated depreciation?
Over 5 years (2020 to 2025), Altria Group's accumulated depreciation has grown at a -1.1% compound annual growth rate (CAGR), from $3.14B to $2.96B.
What does accumulated depreciation mean?
The total depreciation recorded against fixed assets over their useful lives.