Altria (MO) Gross Margin (2009 - 2026)
Altria (MO) reported Gross Margin of 62.51% for Q2 2026, down 0.58 percentage points from 63.09% a year earlier and down 2.08 percentage points from the prior quarter.
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Analysis
Altria (MO) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Altria's Gross Margin came in at 62.96%, up 1.46 percentage points year-over-year; for FY2025, it was 62.47%, up 2.65 percentage points from FY2024.
- Gross Margin has increased for five consecutive years, with a five-year change of +12.67 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 59.82% in FY2024 (+1.48 pp), 58.34% in FY2023 (+1.58 pp), 56.77% in FY2022 (+2.98 pp) and 53.79% in FY2021 (+3.99 pp).
- Five-year quarterly Gross Margin spans a low of 53.00% in Q4 2021 and a high of 64.59% in Q1 2026.
- Year over year, Gross Margin gained in seven of the last eight quarters, with an average year-over-year change of +2.07 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2022 (a gain of 4.44 percentage points); the low point was Q2 2026 (a drop of 0.58 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 64.59% (Q1 2026), 62.11% (Q4 2025) and 62.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 65.55% |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | 45.75% |
Historic Data
Download Data
Historic 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% |
API Access
Altria Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();