Altria (MO) Gross Margin (2009 - 2026)
Altria (MO) posted quarterly Gross Margin of 62.51% for Q2 2026, down 58.0% year-over-year from 148.83% in Q2 2025, and down 3.22% quarter-over-quarter from 64.59% in Q1 2026.
Altria (MO) Gross Margin (2009 - 2026) Analysis & Trends
Altria (MO) has reported Gross Margin for 18 consecutive years, with 62.51% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 58.0% year-over-year to 62.51%; the TTM figure through Jun 2026 stood at 62.96% (up 146.0% YoY), while the FY2025 annual figure was 62.47%, up 265.0% from the prior year.
- Gross Margin retreated to 62.51% in Q2 2026 per MO's latest filing, from 64.59% in the prior quarter.
- Across five years, Gross Margin topped out at 64.59% in Q1 2026 and bottomed at 56.03% in Q2 2022.
- Historically, Gross Margin has averaged 59.81% across 5 years, with a median of 59.04% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 444 bps — and 2026, when it tumbled 58 bps.
- Altria's Gross Margin stood at 57.44% in 2022, then climbed by 2 bps to 58.56% in 2023, then gained by 3 bps to 60.33% in 2024, then advanced by 3 bps to 62.11% in 2025, then increased by 1 bps to 62.51% in 2026.
- Business Quant data shows MO's Gross Margin at 62.51% in Q2 2026, 64.59% in Q1 2026, and 62.11% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 62.51% |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 35.41% |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 65.55% |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 15.86% |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 80.52% |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | 39.02% |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 22.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.51% |
| Mar 31, 2026 | 64.59% |
| Dec 31, 2025 | 62.11% |
| Sep 30, 2025 | 62.78% |
| Jun 30, 2025 | 63.09% |
| Mar 31, 2025 | 61.78% |
| Dec 31, 2024 | 60.33% |
| Sep 30, 2024 | 60.84% |
| Jun 30, 2024 | 59.19% |
| Mar 31, 2024 | 58.82% |
| Dec 31, 2023 | 58.56% |
| Sep 30, 2023 | 58.89% |
| Jun 30, 2023 | 57.73% |
| Mar 31, 2023 | 58.21% |
| Dec 31, 2022 | 57.44% |
| Sep 30, 2022 | 56.44% |
| Jun 30, 2022 | 56.03% |
| Mar 31, 2022 | 57.25% |
| Dec 31, 2021 | 53.00% |
| Sep 30, 2021 | 54.13% |