Altria (MO) Operating Margin (2009 - 2026)

Altria has disclosed Operating Margin across 18 years of filings, most recently posting 54.46% for Q1 2026.

• In Q1 2026, Operating Margin rose 2046.0% year-over-year to 54.46%; the TTM figure through Mar 2026 stood at 47.2% (up 351.0% YoY), while the FY2025 annual figure was 42.52%, down 428.0% from the prior year.
• Operating Margin advanced to 54.46% in Q1 2026, 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.
• The 5-year median for Operating Margin is 47.96% (2024), against an average of 46.41%.
• Annual changes were most pronounced in 2025 — Operating Margin sank 2000 bps — and 2026, when it jumped 2046 bps.
• A 5-year view of Operating Margin shows it stood at 46.11% in 2022, then increased by 1 bps to 46.79% in 2023, then grew by 3 bps to 48.24% in 2024, then tumbled by 41 bps to 28.24% in 2025, then soared by 93 bps to 54.46% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 54.46%, 28.24%, and 53.19% for Q1 2026, Q4 2025, and Q3 2025 respectively.