Altria (MO) Return on Capital Employed (2009 - 2026)
Altria's (MO) quarterly Return on Capital Employed came in at 41.93% in Q1 2026, up 20.0% year-on-year from 34.94% in Q1 2025, and up 9.53% on a QoQ basis 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.
- On a quarterly basis, Return on Capital Employed rose 20.0% year-over-year to 41.93% in Q1 2026; TTM through Mar 2026 was 41.93%, a 20.0% increase from a year earlier, with the FY2025 full-year figure at 38.16%, down 186.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 41.93%, up from 38.28% in the prior quarter.
- Over the last five years, Return on Capital Employed for MO reached as high as 824.59% in Q3 2023 and fell as low as 32.58% in Q3 2024.
- Historically, Return on Capital Employed has averaged 110.85% across 5 years, with a median of 42.5% in 2023.
- Across the five-year window, Return on Capital Employed jumped 38638 bps in 2023 and slumped 79201 bps in 2024, its largest moves.
- Year by year, Return on Capital Employed stood at 44.41% in 2022, then slipped by 1 bps to 44.07% in 2023, then declined by 1 bps to 43.42% in 2024, then slipped by 12 bps to 38.28% in 2025, then rose by 10 bps to 41.93% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 41.93% in Q1 2026, 38.28% in Q4 2025, and 43.85% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 35.59% |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 41.93% |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 3.03% |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 12.15% |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 7.24% |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | -133.15% |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 92.11% |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | -432.91% |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | -95.07% |
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 | 135.23% |
| Jun 30, 2021 | 28.47% |