Altria (MO) Return on Assets [ROA] (2009 - 2026)
Altria (MO) recorded Return on Assets [ROA] of 23.91% in Q3 2026, down 2.43 percentage points from 26.34% a year earlier but up 0.45 percentage points from the prior quarter.
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Analysis
Altria (MO) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Altria reported Return on Assets [ROA] of 19.79%, down 10.75 percentage points from FY2024.
- Annual Return on Assets [ROA] has a five-year change of +10.58 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 30.55% in FY2024 (+9.02 pp), 21.53% in FY2023 (+6.46 pp), 15.07% in FY2022 (+9.38 pp) and 5.69% in FY2021 (-3.52 pp).
- Quarterly Return on Assets [ROA] has ranged from 4.56% in Q2 2022 to 32.49% in Q4 2024 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has declined for six consecutive quarters, with an average year-over-year change of -1.57 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 13.88 percentage points in Q2 2023, against a drop of 12.65 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 23.46% (Q2 2026), 23.14% (Q1 2026) and 19.84% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | 16.80% |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 23.91% |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | 5.78% |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | -0.29% |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | -21.29% |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | -12.84% |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 3.35% |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | 5.78% |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn | 5.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.91% |
| Jun 30, 2026 | 23.46% |
| Mar 31, 2026 | 23.14% |
| Dec 31, 2025 | 19.84% |
| Sep 30, 2025 | 26.34% |
| Jun 30, 2025 | 25.81% |
| Mar 31, 2025 | 28.79% |
| Dec 31, 2024 | 32.49% |
| Sep 30, 2024 | 30.01% |
| Jun 30, 2024 | 28.67% |
| Mar 31, 2024 | 22.58% |
| Dec 31, 2023 | 21.67% |
| Sep 30, 2023 | 23.80% |
| Jun 30, 2023 | 18.43% |
| Mar 31, 2023 | 15.16% |
| Dec 31, 2022 | 16.26% |
| Sep 30, 2022 | 13.29% |
| Jun 30, 2022 | 4.56% |
| Mar 31, 2022 | 7.56% |
| Dec 31, 2021 | 6.26% |
API Access
Altria Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=MO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();