Altria (MO) Net Margin (2009 - 2026)
Altria (MO) posted quarterly Net Margin of 37.6% for Q2 2026, down 137.0% year-over-year from 101.63% in Q2 2025, and down 6.5% quarter-over-quarter from 40.22% in Q1 2026.
Altria (MO) Net Margin (2009 - 2026) Analysis & Trends
Altria (MO) has reported Net Margin for 18 consecutive years, with 37.6% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin fell 137.0% year-over-year to 37.6%; the TTM figure through Jun 2026 stood at 33.99% (down 596.0% YoY), while the FY2025 annual figure was 29.84%, down 1706.0% from the prior year.
- Net Margin eased to 37.6% in Q2 2026 per MO's latest filing, from 40.22% in the prior quarter.
- Across five years, Net Margin topped out at 61.55% in Q4 2024 and bottomed at 3.42% in Q3 2022.
- Historically, Net Margin has averaged 34.45% across 5 years, with a median of 35.56% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin jumped 4350 bps — and 2025, when it slumped 4244 bps.
- Altria's Net Margin stood at 44.02% in 2022, then retreated by 22 bps to 34.48% in 2023, then surged by 79 bps to 61.55% in 2024, then tumbled by 69 bps to 19.11% in 2025, then soared by 97 bps to 37.6% in 2026.
- Business Quant data shows MO's Net Margin at 37.6% in Q2 2026, 40.22% in Q1 2026, and 19.11% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 29.82% |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 37.60% |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 3.89% |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 2.52% |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | -1.59% |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | -50.96% |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 5.14% |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | -30,284.15% |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | -7.77% |
Historic Data
Download 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 | 61.55% |
| 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 | -40.08% |