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| Date | Value |
|---|---|
| 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% |