Altria (MO) Return on Capital Employed (2009 - 2026)

Altria (MO) reported Return on Capital Employed of 41.93% for Q1 2026, up 20.0% year-over-year from 34.94% in Q1 2025, and up 9.53% quarter-over-quarter from 38.28% in Q4 2025.

Altria (MO) Return on Capital Employed (2009 - 2026) Analysis & Trends

Altria (MO) has 17 years of Return on Capital Employed data on file, last reported at 41.93% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 41.93%, up 20.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.93% (up 20.0% YoY), and the FY2025 annual result was 38.16%, down 186.0% from the prior year.
  • Return on Capital Employed advanced to 41.93% in Q1 2026 per MO's latest filing, from 38.28% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 824.59% in Q3 2023 and troughed at 32.58% in Q3 2024.
  • A 5-year average of 110.85% and a median of 42.5% in 2023 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2024: Return on Capital Employed jumped 41074 bps in 2022, then plunged 79201 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 44.41% in 2022, then fell by 1 bps to 44.07% in 2023, then decreased by 1 bps to 43.42% in 2024, then fell by 12 bps to 38.28% in 2025, then climbed by 10 bps to 41.93% in 2026.
  • Business Quant data shows MO's Return on Capital Employed at 41.93% in Q1 2026, 38.28% in Q4 2025, and 43.85% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 35.59%
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 41.93%
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 12.15%
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 7.24%
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 3.03%
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn -133.15%
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn -122.16%
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -95.07%
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 -15.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 41.93%
Dec 31, 2025 38.28%
Sep 30, 2025 43.85%
Jun 30, 2025 40.55%
Mar 31, 2025 41.73%
Dec 31, 2024 43.42%
Sep 30, 2024 32.58%
Jun 30, 2024 40.12%
Mar 31, 2024 43.12%
Dec 31, 2023 44.07%
Sep 30, 2023 824.59%
Jun 30, 2023 45.77%
Mar 31, 2023 42.50%
Dec 31, 2022 44.41%
Sep 30, 2022 438.22%
Jun 30, 2022 38.68%
Mar 31, 2022 40.60%
Dec 31, 2021 37.33%
Sep 30, 2021 27.47%
Jun 30, 2021 28.47%