Altria Group (MO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 11,264,000 | 8,130,000 | 5,764,000 | 2,475,000 | 4,467,000 |
| Revenue | US$ in thousands | 20,444,000 | 24,483,000 | 25,096,000 | 26,013,000 | 26,153,000 |
| Net profit margin | 55.10% | 33.21% | 22.97% | 9.51% | 17.08% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $11,264,000K ÷ $20,444,000K
= 55.10%
The net profit margin of Altria Group has shown significant fluctuations over the years. It was 17.08% as of December 31, 2020, indicating that for every dollar of revenue generated, the company retained $0.17 as profit. However, the margin decreased to 9.51% by December 31, 2021, suggesting a lower level of profitability relative to revenue.
In the following years, there was a notable improvement in the net profit margin. By December 31, 2022, the margin increased to 22.97%, indicating an enhanced ability to convert revenue into profit. This trend continued, with the margin rising to 33.21% by December 31, 2023, and further to 55.10% by December 31, 2024. These significant increases highlight a strong performance in managing costs and maximizing profitability.
Overall, the net profit margin of Altria Group has displayed a mix of fluctuations and improvements over the analyzed period, showcasing the company's ability to adapt and optimize its operations to enhance profitability.
Peer comparison
Dec 31, 2024