Altria (MO) Operating Income (2009 - 2026)
Altria's Operating Income was $3.14 billion in Q2 2026, down 2.9% from $3.23 billion a year earlier but up 6.1% from the prior quarter.
Altria (MO) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Altria's Operating Income was $10.97 billion through Jun 30, 2026, down 0.7% year-over-year; for FY2025, it came in at $9.9 billion, down 11.9% from FY2024.
- Operating Income has now declined for three consecutive years, with a five-year compound annual growth rate of -1.9% (FY2020 to FY2025).
- In earlier years, Operating Income was $11.24 billion in FY2024 (-2.7%), $11.55 billion in FY2023 (-3.1%), $11.92 billion in FY2022 (+3.1%) and $11.56 billion in FY2021 (+6.3%).
- Quarterly Operating Income has moved between $1.65 billion (Q4 2025) and $3.23 billion (Q3 2025) over five years.
- Compared with a year earlier, Operating Income was higher in five of the last eight quarters, with growth averaging 2.7%.
- The best year-over-year quarter for Operating Income over five years was Q1 2026 (growth of 65.3%); the worst was Q4 2025 (a decline of 42.7%).
- Per Business Quant data, MO's Operating Income in the three quarters before Q2 2026 was $2.96 billion (Q1 2026), $1.65 billion (Q4 2025) and $3.23 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 4.53 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 3.14 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 4.22 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 19.22 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -370.52 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 19.97 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 7.40 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 16.71 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 3.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.14 Bn |
| Mar 31, 2026 | 2.96 Bn |
| Dec 31, 2025 | 1.65 Bn |
| Sep 30, 2025 | 3.23 Bn |
| Jun 30, 2025 | 3.23 Bn |
| Mar 31, 2025 | 1.79 Bn |
| Dec 31, 2024 | 2.88 Bn |
| Sep 30, 2024 | 3.15 Bn |
| Jun 30, 2024 | 2.53 Bn |
| Mar 31, 2024 | 2.67 Bn |
| Dec 31, 2023 | 2.80 Bn |
| Sep 30, 2023 | 3.09 Bn |
| Jun 30, 2023 | 2.91 Bn |
| Mar 31, 2023 | 2.76 Bn |
| Dec 31, 2022 | 2.82 Bn |
| Sep 30, 2022 | 3.11 Bn |
| Jun 30, 2022 | 3.11 Bn |
| Mar 31, 2022 | 2.88 Bn |
| Dec 31, 2021 | 2.73 Bn |
| Sep 30, 2021 | 2.95 Bn |
Altria Operating Income 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=operating-income&ticker=MO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();