Non-Current Assets
Construction in progress
Altria Group Construction in progress increased by 60.8% to $320M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 60.8%, from $199M to $320M. Over 5 years (FY 2020 to FY 2025), Construction in progress shows relatively stable performance with a 0.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025Feb 25, 2026
Parent metricPP&E (Net)
How to read this metric
An increase suggests active capital investment in future capacity, while a decrease may indicate project completion or a slowdown in expansion.
Detailed definition
Represents the cumulative costs incurred for capital projects that are currently under development and have not yet been...
Peer comparison
Varies significantly by industry; capital-intensive firms typically maintain higher balances than service-based firms.
Metric ID:
ppe_construction_in_progressHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $235M | $248M | $240M | $199M | $320M |
| QoQ Change | — | +5.5% | -3.2% | -17.1% | +60.8% |
| YoY Change | — | +5.5% | -3.2% | -17.1% | +60.8% |
| % of PP&E (Net) | 15.1% | 15.4% | 14.5% | 12.3% | 18.7% |
| Share Change | — | +0.3pp | -0.9pp | -2.2pp | +6.4pp |
Range$199M – $320M
CAGR+36.2%
Avg YoY Growth+11.5%
Median YoY Growth+1.2%
Construction in progress at Other Companies
Frequently Asked Questions
- What is Altria Group's construction in progress?
- Altria Group (MO) reported construction in progress of $320M in Q4 2025.
- How has Altria Group's construction in progress changed year-over-year?
- Altria Group's construction in progress increased by 60.8% year-over-year, from $199M to $320M.
- What is the long-term trend for Altria Group's construction in progress?
- Over 5 years (2020 to 2025), Altria Group's construction in progress has grown at a 0.5% compound annual growth rate (CAGR), from $312M to $320M.
- What does construction in progress mean?
- The total cost of capital projects currently being built or developed.