Altria (MO) Gross Margin (2009 - 2026)
Altria's (MO) quarterly Gross Margin came in at 62.51% in 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.
Analysis
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.
- On a quarterly basis, Gross Margin fell 58.0% year-over-year to 62.51% in Q2 2026; TTM through Jun 2026 was 62.96%, a 146.0% increase from a year earlier, with the FY2025 full-year figure at 62.47%, up 265.0% from the prior year.
- Gross Margin was 62.51% for Q2 2026 at Altria, down from 64.59% in the prior quarter.
- Over five years, Gross Margin peaked at 64.59% in Q1 2026 and troughed at 56.03% in Q2 2022.
- A 5-year average of 59.81% and a median of 59.04% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 444 bps in 2022 and plunged 58 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 57.44% in 2022, then gained by 2 bps to 58.56% in 2023, then increased by 3 bps to 60.33% in 2024, then rose by 3 bps to 62.11% in 2025, then climbed by 1 bps to 62.51% in 2026.
- The last three Gross Margin figures came in at 62.51% (Q2 2026), 64.59% (Q1 2026), and 62.11% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 294.37 Bn | 288.37 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | - |
| 3 | Altria | 114.73 Bn | 112.36 Bn | 3.82 Bn | 62.51% |
| 4 | RLX Technology | 2.19 Bn | 1.48 Bn | 52.74 Mn | 35.41% |
| 5 | Turning Point Brands | 1.44 Bn | 1.17 Bn | 93.70 Mn | 65.55% |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | 22.89% |
| 7 | 22nd Century | 420,574.41 | -5.64 Mn | -293,000.00 | -10.23% |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | 52.83% |
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% |