Altria (MO) Work In Process (2009 - 2026)
Altria (MO) reported Work In Process of $18 million for Q2 2026, down 14.3% from $21 million a year earlier and down 25.0% from the prior quarter.
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Analysis
Altria (MO) Work In Process (2009 - 2026) Analysis & Trends
At the end of FY2025, Altria posted Work In Process of $13 million, down 38.1% from FY2024.
- Work In Process has declined for three consecutive years, with a five-year compound annual growth rate of -51.8% (FY2020 to FY2025).
- By year, Work In Process came in at $21 million in FY2024 (-4.5%), $22 million in FY2023 (-8.3%), $24 million in FY2022 (+4.3%) and $23 million in FY2021 (-95.4%).
- Five-year quarterly Work In Process spans a low of $13 million in Q4 2025 and a high of $30 million in Q1 2023.
- Year over year, Work In Process has now declined in each of the last 11 quarters, with an average decline of 15.2% over the last eight quarters.
- The high point for year-over-year Work In Process in five years was Q3 2023 (growth of 7.4%); the low point was Q4 2021 (a decline of 95.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $24 million (Q1 2026), $13 million (Q4 2025) and $19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.00 Mn |
| Mar 31, 2026 | 24.00 Mn |
| Dec 31, 2025 | 13.00 Mn |
| Sep 30, 2025 | 19.00 Mn |
| Jun 30, 2025 | 21.00 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | 25.00 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | 22.00 Mn |
| Sep 30, 2023 | 29.00 Mn |
| Jun 30, 2023 | 29.00 Mn |
| Mar 31, 2023 | 30.00 Mn |
| Dec 31, 2022 | 24.00 Mn |
| Sep 30, 2022 | 27.00 Mn |
| Jun 30, 2022 | 29.00 Mn |
| Mar 31, 2022 | 30.00 Mn |
| Dec 31, 2021 | 23.00 Mn |
| Sep 30, 2021 | 30.00 Mn |
API Access
Altria Work In Process 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=work-in-process&ticker=MO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();