Altria (MO) Tax Rate (2009 - 2026)
Altria (MO) reported Tax Rate of 21.54% for Q2 2026, down 2.19 percentage points from 23.73% a year earlier and down 2.10 percentage points from the prior quarter.
Altria (MO) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Altria's Tax Rate came in at 23.16%, up 6.02 percentage points year-over-year; for FY2025, it came in at 26.01%, up 8.48 percentage points from FY2024.
- Tax Rate has a five-year change of -9.35 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 17.53% in FY2024 (-8.08 pp), 25.60% in FY2023 (+3.61 pp), 21.99% in FY2022 (-13.29 pp) and 35.28% in FY2021 (-0.08 pp).
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q4 2022.
- Year over year, Tax Rate gained in 1 of the last six quarters, with an average year-over-year change of -0.92 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2023 (a gain of 24.16 percentage points); the low point was Q4 2022 (a drop of 28.25 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 23.64% (Q1 2026), 26.17% (Q4 2025) and 22.76% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | 21.46% |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | 23.59% |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | - |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | - |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | 226.91% |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | 97.14% |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 131.08% |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 4.80% |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn | 17.11% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.59% |
| Jun 30, 2026 | 21.54% |
| Mar 31, 2026 | 23.64% |
| Dec 31, 2025 | 26.17% |
| Sep 30, 2025 | 22.76% |
| Jun 30, 2025 | 23.73% |
| Mar 31, 2025 | 36.01% |
| Sep 30, 2024 | 24.22% |
| Jun 30, 2024 | 25.66% |
| Mar 31, 2024 | 22.27% |
| Dec 31, 2023 | 24.68% |
| Sep 30, 2023 | 25.52% |
| Jun 30, 2023 | 24.55% |
| Mar 31, 2023 | 27.91% |
| Dec 31, 2022 | 0.52% |
| Sep 30, 2022 | 44.96% |
| Jun 30, 2022 | 44.49% |
| Mar 31, 2022 | 26.71% |
| Dec 31, 2021 | 28.77% |
| Jun 30, 2021 | 26.09% |
Altria Tax Rate 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=tax-rate&ticker=MO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();