Altria Historical Income Statement

MO Stock

USD 54.70 0.22 0.40%

Historical analysis of Altria income statement accounts such as Total Revenue of 31.2 B, Gross Profit of 16.3 B or Other Operating Expenses of 22.6 B can show how well Altria Group performed in making a profits. Evaluating Altria income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Altria's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Altria Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Altria Group is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Altria Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Altria Income Statement Analysis

Altria Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Altria shareholders. The income statement also shows Altria investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Altria Income Statement Chart

At this time, Altria's Net Income Applicable To Common Shares is very stable compared to the past year.

Interest Expense Selling General Administrative Total Revenue Gross Profit

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Altria Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Altria Group minus its cost of goods sold. It is profit before Altria operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Altria's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Altria Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Altria Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Altria's Net Income Applicable To Common Shares is very stable compared to the past year.

	2021	2022	2023	2024 (projected)
Gross Profit	14.0B	14.2B	14.3B	16.3B
Total Revenue	26.0B	25.1B	24.5B	31.2B

Gross Profit Total Revenue

Altria income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Minority Interest	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		-0.12	-0.11	0.47	-0.52	-0.59	-0.78	-0.45	-0.24	-0.26	-0.87	0.98	-0.23	0.01	-0.23	-0.08	-0.15	0.26	-0.19	0.19	0.55	0.12	-0.19	0.23	-0.06	0.41
Interest Expense	-0.12		-0.85	-0.83	0.53	0.54	0.07	0.63	-0.06	-0.07	0.21	-0.11	-0.13	-0.45	-0.19	0.03	-0.87	-0.4	-0.33	-0.65	-0.45	-0.16	0.3	-0.58	-0.01	-0.41
Selling General Administrative	-0.11	-0.85		0.82	-0.44	-0.49	0.09	-0.63	-0.07	-0.06	-0.05	-0.12	-0.01	0.31	-0.03	0.02	0.86	0.43	0.12	0.78	0.27	0.2	-0.16	0.42	0.06	0.26
Selling And Marketing Expenses	0.47	-0.83	0.82		-0.69	-0.77	-0.36	-0.81	-0.19	-0.19	-0.54	0.46	-0.14	0.29	-0.15	-0.02	0.68	0.52	0.01	0.8	0.56	0.26	-0.25	0.51	0.02	0.47
Total Revenue	-0.52	0.53	-0.44	-0.69		0.95	0.51	0.86	0.09	0.1	0.57	-0.55	0.06	-0.39	0.05	0.0	-0.27	-0.37	0.04	-0.55	-0.73	-0.28	0.24	-0.69	-0.07	-0.89
Gross Profit	-0.59	0.54	-0.49	-0.77	0.95		0.5	0.95	0.26	0.27	0.59	-0.61	0.23	-0.28	0.24	0.05	-0.33	-0.45	0.16	-0.62	-0.78	-0.26	0.19	-0.62	-0.15	-0.78
Other Operating Expenses	-0.78	0.07	0.09	-0.36	0.51	0.5		0.23	0.18	0.22	0.96	-0.76	0.21	0.07	0.16	0.09	0.22	-0.23	0.13	-0.12	-0.35	-0.05	0.05	-0.13	-0.11	-0.26
Operating Income	-0.45	0.63	-0.63	-0.81	0.86	0.95	0.23		0.25	0.25	0.38	-0.47	0.2	-0.32	0.23	0.03	-0.51	-0.48	0.13	-0.71	-0.76	-0.27	0.2	-0.64	-0.07	-0.75
Ebit	-0.24	-0.06	-0.07	-0.19	0.09	0.26	0.18	0.25		1.0	0.28	-0.14	1.0	0.83	0.95	0.75	-0.15	-0.39	0.88	-0.1	0.09	0.62	-0.28	0.32	-0.04	0.15
Ebitda	-0.26	-0.07	-0.06	-0.19	0.1	0.27	0.22	0.25	1.0		0.31	-0.16	1.0	0.84	0.95	0.75	-0.13	-0.39	0.88	-0.1	0.08	0.62	-0.28	0.31	-0.05	0.14
Cost Of Revenue	-0.87	0.21	-0.05	-0.54	0.57	0.59	0.96	0.38	0.28	0.31		-0.83	0.28	0.07	0.25	0.14	0.04	-0.35	0.19	-0.28	-0.4	-0.06	0.08	-0.17	0.01	-0.3
Total Operating Expenses	0.98	-0.11	-0.12	0.46	-0.55	-0.61	-0.76	-0.47	-0.14	-0.16	-0.83		-0.14	0.12	-0.14	0.01	-0.21	0.19	-0.11	0.15	0.64	0.19	-0.24	0.32	0.03	0.49
Income Before Tax	-0.23	-0.13	-0.01	-0.14	0.06	0.23	0.21	0.2	1.0	1.0	0.28	-0.14		0.86	0.95	0.75	-0.09	-0.36	0.9	-0.06	0.12	0.62	-0.3	0.35	-0.05	0.17
Total Other Income Expense Net	0.01	-0.45	0.31	0.29	-0.39	-0.28	0.07	-0.32	0.83	0.84	0.07	0.12	0.86		0.8	0.7	0.18	-0.1	0.8	0.31	0.51	0.75	-0.39	0.67	-0.01	0.56
Net Income	-0.23	-0.19	-0.03	-0.15	0.05	0.24	0.16	0.23	0.95	0.95	0.25	-0.14	0.95	0.8		0.52	-0.05	-0.47	0.94	-0.1	0.12	0.39	-0.41	0.42	-0.08	0.19
Income Tax Expense	-0.08	0.03	0.02	-0.02	0.0	0.05	0.09	0.03	0.75	0.75	0.14	0.01	0.75	0.7	0.52		-0.18	0.01	0.49	0.07	0.13	0.94	0.03	0.12	0.08	0.13
Research Development	-0.15	-0.87	0.86	0.68	-0.27	-0.33	0.22	-0.51	-0.15	-0.13	0.04	-0.21	-0.09	0.18	-0.05	-0.18		0.51	0.09	0.7	0.14	-0.01	-0.05	0.25	-0.04	0.11
Minority Interest	0.26	-0.4	0.43	0.52	-0.37	-0.45	-0.23	-0.48	-0.39	-0.39	-0.35	0.19	-0.36	-0.1	-0.47	0.01	0.51		-0.42	0.51	0.21	0.18	0.63	-0.07	0.07	0.17
Net Income From Continuing Ops	-0.19	-0.33	0.12	0.01	0.04	0.16	0.13	0.13	0.88	0.88	0.19	-0.11	0.9	0.8	0.94	0.49	0.09	-0.42		-0.04	0.24	0.4	-0.44	0.52	-0.03	0.11
Non Recurring	0.19	-0.65	0.78	0.8	-0.55	-0.62	-0.12	-0.71	-0.1	-0.1	-0.28	0.15	-0.06	0.31	-0.1	0.07	0.7	0.51	-0.04		0.3	0.33	-0.09	0.25	0.0	0.33
Non Operating Income Net Other	0.55	-0.45	0.27	0.56	-0.73	-0.78	-0.35	-0.76	0.09	0.08	-0.4	0.64	0.12	0.51	0.12	0.13	0.14	0.21	0.24	0.3		0.31	-0.25	0.82	0.21	0.74
Tax Provision	0.12	-0.16	0.2	0.26	-0.28	-0.26	-0.05	-0.27	0.62	0.62	-0.06	0.19	0.62	0.75	0.39	0.94	-0.01	0.18	0.4	0.33	0.31		-0.04	0.26	0.07	0.33
Interest Income	-0.19	0.3	-0.16	-0.25	0.24	0.19	0.05	0.2	-0.28	-0.28	0.08	-0.24	-0.3	-0.39	-0.41	0.03	-0.05	0.63	-0.44	-0.09	-0.25	-0.04		-0.51	0.07	-0.32
Net Interest Income	0.23	-0.58	0.42	0.51	-0.69	-0.62	-0.13	-0.64	0.32	0.31	-0.17	0.32	0.35	0.67	0.42	0.12	0.25	-0.07	0.52	0.25	0.82	0.26	-0.51		-0.03	0.77
Reconciled Depreciation	-0.06	-0.01	0.06	0.02	-0.07	-0.15	-0.11	-0.07	-0.04	-0.05	0.01	0.03	-0.05	-0.01	-0.08	0.08	-0.04	0.07	-0.03	0.0	0.21	0.07	0.07	-0.03		0.01
Extraordinary Items	0.41	-0.41	0.26	0.47	-0.89	-0.78	-0.26	-0.75	0.15	0.14	-0.3	0.49	0.17	0.56	0.19	0.13	0.11	0.17	0.11	0.33	0.74	0.33	-0.32	0.77	0.01

Click cells to compare fundamentals

Altria Account Relationship Matchups

Altria income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	227M	226M	257M	244M	(2.9B)	(2.8B)
Interest Expense	697M	1.3B	1.2B	1.2B	989M	1.0B
Selling General Administrative	2.2B	2.2B	2.4B	2.3B	2.8B	2.6B
Selling And Marketing Expenses	2.2B	2.2B	2.4B	2.3B	2.1B	2.0B
Total Revenue	25.1B	26.2B	26.0B	25.1B	24.5B	31.2B
Gross Profit	12.7B	13.0B	14.0B	14.2B	14.3B	16.3B
Other Operating Expenses	9.3B	10.0B	9.6B	8.8B	12.2B	22.6B
Operating Income	10.3B	10.9B	11.6B	11.9B	12.3B	11.0B
Ebit	2.1B	8.1B	5.0B	8.5B	12.3B	10.3B
Ebitda	2.3B	8.4B	5.3B	8.7B	12.3B	11.3B
Cost Of Revenue	7.1B	7.8B	7.1B	6.4B	10.2B	14.3B
Total Operating Expenses	9.3B	10.0B	9.6B	8.8B	2.0B	1.9B
Income Before Tax	766M	6.9B	3.8B	7.4B	10.9B	9.8B
Total Other Income Expense Net	(9.6B)	(4.0B)	(7.7B)	(4.5B)	(1.4B)	(1.5B)
Net Income	(1.3B)	4.5B	2.5B	5.8B	8.1B	6.4B
Income Tax Expense	2.1B	2.4B	1.3B	1.6B	2.8B	2.5B
Research Development	168M	131M	145M	162M	220M	295.5M
Net Income Applicable To Common Shares	(1.3B)	4.5B	2.5B	5.8B	5.2B	5.4B
Minority Interest	5M	4M	135M	(13M)	2M	0.0
Net Income From Continuing Ops	(1.3B)	4.5B	2.5B	5.8B	8.8B	6.5B
Tax Provision	2.0B	2.4B	1.3B	1.6B	2.1B	2.0B
Interest Income	445M	14M	26M	70M	160M	111.1M
Net Interest Income	(1.3B)	(1.2B)	(1.2B)	(1.1B)	(984M)	(1.0B)
Reconciled Depreciation	227M	226M	257M	244M	73M	170.6M

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 together with Altria Stock

0.67

Philip Morris Intern

Pair Corr

Moving against Altria Stock

0.93	BUD	Anheuser Busch Inbev	Pair Corr
0.86	DDC	DDC Enterprise	Pair Corr
0.78	BGS	BG Foods	Pair Corr
0.74	ADM	Archer Daniels Midland	Pair Corr
0.71	CPB	Campbell Soup	Pair Corr

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.

Pair Correlation Correlation Matching

How To Invest In Altria

Details

Is Altria Stock a good investment?

Details

What is Altria's Net Worth?

Details

Largest Tobacco Companies

View

Largest Food, Beverage & Tobacco Companies

View

You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Altria Historical Income Statement

About Altria Income Statement Analysis

Altria Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Altria income statement Correlations

Altria Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altria income statement Accounts

Pair Trading with Altria

Moving together with Altria Stock

Moving against Altria Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebitda
Total Operating Expenses	+ 0.98	Depreciation And Amortization
Cost Of Revenue	+ 0.96	Other Operating Expenses
Gross Profit	+ 0.95	Total Revenue

Extraordinary Items	- 0.89	Total Revenue
Research Development	- 0.87	Interest Expense
Cost Of Revenue	- 0.87	Depreciation And Amortization
Selling General Administrative	- 0.85	Interest Expense
Total Operating Expenses	- 0.83	Cost Of Revenue
Selling And Marketing Expenses	- 0.83	Interest Expense