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Altria Group MO Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Net revenues by Business
All Other$1M+106%$1.2B-$76M+36.1%-$108M+2.7%-$17M+72.1%
Oral Tobacco Products$669M+2.3%$706M+2.0%$689M-4.6%$753M+5.9%$654M+0.5%
Smokeable Products$4.76B+2.9%$5.12B-2.7%$5.39B-2.8%$5.36B-2.5%$4.62B-5.8%
Segment Reporting, Other Segment Item, Amount by Business
Oral Tobacco Products-$234M-5.9%$1.68B-30.4%-$230M+10.9%-$255M+58.5%-$221M-2.3%
Smokeable Products$769M+2.4%$983M+0.3%$856M+1.9%$841M-1.8%$751M-3.5%
Operating Income by Business
All Other-$76M+92.5%-$1.01B-1,569%
Oral Tobacco Products$435M+0.5%$438M-3.3%$459M-1.1%$498M+413%$433M-0.5%
Smokeable Products$2.67B+8.3%$2.64B+0.2%$2.94B+0.2%$2.93B+4.4%$2.47B+1.2%
Other Intangible Assets, net by Business
All Other$334M-75.0%$321M+23.9%$1.29B-6.2%$1.31B-6.3%$1.34B
Oral Tobacco Products$8.64B-0.4%$8.65B-0.4%$8.65B-0.4%$8.66B-0.4%$8.67B
Smokeable Products$2.9B-1.0%$2.91B-0.9%$2.92B-0.9%$2.92B-0.9%$2.93B
Goodwill by Business
All Other$610M-31.8%$610M$895M-49.4%$895M-49.4%$895M
Oral Tobacco Products$5.08B0.0%$5.08B0.0%$5.08B0.0%$5.08B0.0%$5.08B
Smokeable Products$99M0.0%$99M0.0%$99M0.0%$99M0.0%$99M
Depreciation expense by Business
Oral Tobacco Products$11M+10.0%$11M-8.3%$9M0.0%$11M-8.3%$10M+11.1%
Smokeable Products$13M-13.3%$14M-6.7%$15M-6.3%$14M-17.6%$15M-21.1%
CapEx by Business
Oral Tobacco Products$34M+162%$33M+120%$20M+150%$9M+28.6%$13M+44.4%
Smokeable Products$52M+189%$50M+213%$27M+145%$12M+33.3%$18M0.0%
Implementation Costs by Business
Oral Tobacco Products$1M-50.0%$1M0.0%$1M0.0%$2M+100%$2M+100%
Smokeable Products$5M-61.5%$7M-3.4%$10M+37.9%$12M+65.5%$13M+79.3%

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Questions, answered.

How does Altria Group break its business down?
Altria Group (MO) reports net revenues by business across 3 parts — All Other, Oral Tobacco Products and Smokeable Products. Each is extracted from the segment footnotes and tracked over time.
Where does Altria Group's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Altria Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.