Altria (MO) Net Margin (2009 - 2026)
Altria's Net Margin came in at 37.60% for Q2 2026, down 1.37 percentage points from 38.97% a year earlier and down 2.61 percentage points from the prior quarter.
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Analysis
Altria (MO) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Altria reported Net Margin of 33.99%, down 3.25 percentage points year-over-year; for FY2025, it came in at 29.84%, down 17.06 percentage points from FY2024.
- Net Margin carries a five-year change of +12.76 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 46.90% in FY2024 (+13.69 pp), 33.21% in FY2023 (+10.24 pp), 22.97% in FY2022 (+13.45 pp) and 9.51% in FY2021 (-7.57 pp).
- The five-year range for quarterly Net Margin is -40.11% (Q3 2021) to 61.25% (Q2 2024).
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -4.04 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2022 (a gain of 43.53 percentage points), and the weakest in Q4 2025 (a drop of 31.76 percentage points).
- Business Quant data shows MO's Net Margin at 40.22% (Q1 2026), 19.11% (Q4 2025) and 39.11% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 25.17% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 37.60% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 3.68% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 21.89% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -149.83% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 1.59% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 45.45% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 2.52% |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | -6.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.60% |
| Mar 31, 2026 | 40.22% |
| Dec 31, 2025 | 19.11% |
| Sep 30, 2025 | 39.11% |
| Jun 30, 2025 | 38.97% |
| Mar 31, 2025 | 20.48% |
| Dec 31, 2024 | 50.87% |
| Sep 30, 2024 | 36.64% |
| Jun 30, 2024 | 61.25% |
| Mar 31, 2024 | 38.18% |
| Dec 31, 2023 | 34.48% |
| Sep 30, 2023 | 34.48% |
| Jun 30, 2023 | 32.53% |
| Mar 31, 2023 | 31.25% |
| Dec 31, 2022 | 44.02% |
| Sep 30, 2022 | 3.42% |
| Jun 30, 2022 | 13.62% |
| Mar 31, 2022 | 33.25% |
| Dec 31, 2021 | 25.96% |
| Sep 30, 2021 | -40.11% |
API Access
Altria Net 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=net-margin&ticker=MO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();