Altria (MO) Operating Margin (2009 - 2026)

Altria's (MO) quarterly Operating Margin came in at 54.46% in Q1 2026, up 2046.0% year-on-year from 2.54% in Q1 2025, and up 92.83% on a QoQ basis from 28.24% in Q4 2025.

Altria (MO) Operating Margin (2009 - 2026) Analysis & Trends

Altria (MO) has 18 years of Operating Margin data on file, last reported at 54.46% in Q1 2026.

  • On a quarterly basis, Operating Margin rose 2046.0% year-over-year to 54.46% in Q1 2026; TTM through Mar 2026 was 47.2%, a 351.0% increase from a year earlier, with the FY2025 full-year figure at 42.52%, down 428.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 54.46%, up from 28.24% in the prior quarter.
  • Over the last five years, Operating Margin for MO reached as high as 54.46% in Q1 2026 and fell as low as 28.24% in Q4 2025.
  • Historically, Operating Margin has averaged 46.41% across 5 years, with a median of 47.96% in 2024.
  • Across the five-year window, Operating Margin sank 2000 bps in 2025 and surged 2046 bps in 2026, its largest moves.
  • Year by year, Operating Margin stood at 46.11% in 2022, then advanced by 1 bps to 46.79% in 2023, then gained by 3 bps to 48.24% in 2024, then slumped by 41 bps to 28.24% in 2025, then soared by 93 bps to 54.46% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 54.46% in Q1 2026, 28.24% in Q4 2025, and 53.19% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn 38.37%
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - -
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn 54.46%
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn 15.43%
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn 10.05%
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn -2.09%
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn -50.75%
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn -30.36%
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 -80.07%
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 -1,243.75%

Historic Data

Download Data
DateValue
Mar 31, 2026 54.46%
Dec 31, 2025 28.24%
Sep 30, 2025 53.19%
Jun 30, 2025 52.93%
Mar 31, 2025 34.00%
Dec 31, 2024 48.24%
Sep 30, 2024 50.36%
Jun 30, 2024 40.80%
Mar 31, 2024 47.96%
Dec 31, 2023 46.79%
Sep 30, 2023 49.18%
Jun 30, 2023 44.64%
Mar 31, 2023 48.21%
Dec 31, 2022 46.11%
Sep 30, 2022 47.51%
Jun 30, 2022 47.46%
Mar 31, 2022 48.95%
Dec 31, 2021 43.69%
Sep 30, 2021 43.49%
Jun 30, 2021 45.93%