Altria Group Stock Net Income
| MO Stock | USD 56.73 0.70 1.25% |
Altria Group fundamentals help investors to digest information that contributes to Altria's financial success or failures. It also enables traders to predict the movement of Altria Stock. The fundamental analysis module provides a way to measure Altria's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altria stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 8.1 B | 6.9 B | |
| Net Income Applicable To Common Shares | 5.2 B | 5.4 B | |
| Net Income From Continuing Ops | 8.8 B | 6.5 B | |
| Net Income Per Share | 4.58 | 4.80 | |
| Net Income Per E B T | 0.74 | 0.65 |
Altria | Net Income |
Altria Group Company Net Income Analysis
Altria's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Altria Net Income | 8.11 B |
Most of Altria's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altria Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Altria Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Altria is extremely important. It helps to project a fair market value of Altria Stock properly, considering its historical fundamentals such as Net Income. Since Altria's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altria's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altria's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Altria Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Altria Group reported net income of 8.11 B. This is much higher than that of the Tobacco sector and 28.78% lower than that of the Consumer Staples industry. The net income for all United States stocks is significantly lower than that of the firm.
Altria Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altria's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altria could also be used in its relative valuation, which is a method of valuing Altria by comparing valuation metrics of similar companies.Altria is currently under evaluation in net income category among its peers.
Altria ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Altria's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Altria's managers, analysts, and investors.Environmental | Governance | Social |
Altria Institutional Holders
Institutional Holdings refers to the ownership stake in Altria that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Altria's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Altria's value.| Shares | Legal & General Group Plc | 2024-06-30 | 12.4 M | Bank Of America Corp | 2024-06-30 | 12.4 M | Capital Research Global Investors | 2024-09-30 | 12 M | Harris Associates L.p. | 2024-06-30 | 11.4 M | Pacer Advisors, Inc. | 2024-06-30 | 10.9 M | Amvescap Plc. | 2024-06-30 | 10.8 M | Ameriprise Financial Inc | 2024-06-30 | 10.1 M | Jpmorgan Chase & Co | 2024-06-30 | 9.7 M | Van Eck Associates Corporation | 2024-06-30 | 8.7 M | Vanguard Group Inc | 2024-09-30 | 156.6 M | Blackrock Inc | 2024-06-30 | 125.5 M |
Altria Fundamentals
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.51 % | ||||
| Operating Margin | 0.60 % | ||||
| Current Valuation | 118.13 B | ||||
| Shares Outstanding | 1.69 B | ||||
| Shares Owned By Insiders | 0.10 % | ||||
| Shares Owned By Institutions | 60.92 % | ||||
| Number Of Shares Shorted | 26.62 M | ||||
| Price To Earning | 19.19 X | ||||
| Price To Book | 27.30 X | ||||
| Price To Sales | 4.66 X | ||||
| Revenue | 24.48 B | ||||
| Gross Profit | 14.18 B | ||||
| EBITDA | 12.32 B | ||||
| Net Income | 8.11 B | ||||
| Cash And Equivalents | 4.03 B | ||||
| Cash Per Share | 1.42 X | ||||
| Total Debt | 26.23 B | ||||
| Debt To Equity | 8.56 % | ||||
| Current Ratio | 0.49 X | ||||
| Book Value Per Share | (2.04) X | ||||
| Cash Flow From Operations | 9.29 B | ||||
| Short Ratio | 3.59 X | ||||
| Earnings Per Share | 5.92 X | ||||
| Price To Earnings To Growth | 3.93 X | ||||
| Target Price | 55.22 | ||||
| Number Of Employees | 6.4 K | ||||
| Beta | 0.67 | ||||
| Market Capitalization | 94.96 B | ||||
| Total Asset | 38.57 B | ||||
| Retained Earnings | 31.09 B | ||||
| Working Capital | (5.73 B) | ||||
| Current Asset | 6.09 B | ||||
| Current Liabilities | 7.08 B | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 6.70 % | ||||
| Net Asset | 38.57 B | ||||
| Last Dividend Paid | 3.96 |
About Altria Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altria Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altria using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altria Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Altria
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altria position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altria will appreciate offsetting losses from the drop in the long position's value.Moving against Altria Stock
| 0.88 | BUD | Anheuser Busch Inbev | PairCorr |
| 0.72 | VITL | Vital Farms | PairCorr |
| 0.7 | BGS | BG Foods | PairCorr |
| 0.61 | GIS | General Mills | PairCorr |
| 0.55 | ADM | Archer Daniels Midland Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Altria could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altria when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altria - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altria Group to buy it.
The correlation of Altria is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altria moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altria Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altria can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Altria Piotroski F Score and Altria Altman Z Score analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altria. If investors know Altria will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altria listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.099 | Dividend Share 3.96 | Earnings Share 5.92 | Revenue Per Share 11.726 | Quarterly Revenue Growth 0.013 |
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altria's market value can be influenced by many factors that don't directly affect Altria's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.