How does Altria Group (MO) make money?

Altria Group (MO) primarily makes money through Smokeable Products, which accounts for 87.9% of total revenue. For TTM through Q4 2025, Altria Group generated $20.91B in total revenue with a net profit margin of 33.2%.

What is Altria Group (MO) gross profit margin?

Altria Group (MO) reported a gross profit margin of 69.6% for TTM through Q4 2025, equivalent to $14.54B in gross profit. This means Altria Group retains 69.6% of each revenue unit after direct costs of production.

What is Altria Group (MO) operating profit margin?

Altria Group (MO) reported an operating profit margin of 47.4% for TTM through Q4 2025, equivalent to $9.90B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Altria Group (MO) net profit margin?

Altria Group (MO) reported a net profit margin of 33.2% for TTM through Q4 2025, equivalent to $6.95B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Altria Group (MO) spend on capital expenditures?

Altria Group (MO) spent $216.00M on capital expenditures in TTM through Q4 2025 (1.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Altria Group (MO) free cash flow?

Altria Group (MO) generated $9.07B in free cash flow for TTM through Q4 2025 (43.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Altria Group (MO) effective tax rate?

Altria Group (MO) had an effective tax rate of 26% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How Altria Group (MO) Makes Money: A Visual Guide

Altria Group (MO) generated $20.91B in revenue, earning $6.95B in net profit (33.2% margin). Its largest revenue source is Smokeable Products (87.9% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Altria Group (MO) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 25, 2026).

Frequently asked questions

How does Altria Group (MO) make money?: Altria Group (MO) primarily makes money through Smokeable Products, which accounts for 87.9% of total revenue. For TTM through Q4 2025, Altria Group generated $20.91B in total revenue with a net profit margin of 33.2%.
What is Altria Group (MO) gross profit margin?: Altria Group (MO) reported a gross profit margin of 69.6% for TTM through Q4 2025, equivalent to $14.54B in gross profit. This means Altria Group retains 69.6% of each revenue unit after direct costs of production.
What is Altria Group (MO) operating profit margin?: Altria Group (MO) reported an operating profit margin of 47.4% for TTM through Q4 2025, equivalent to $9.90B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Altria Group (MO) net profit margin?: Altria Group (MO) reported a net profit margin of 33.2% for TTM through Q4 2025, equivalent to $6.95B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Altria Group (MO) spend on capital expenditures?: Altria Group (MO) spent $216.00M on capital expenditures in TTM through Q4 2025 (1.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Altria Group (MO) free cash flow?: Altria Group (MO) generated $9.07B in free cash flow for TTM through Q4 2025 (43.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Altria Group (MO) effective tax rate?: Altria Group (MO) had an effective tax rate of 26% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.