Altria Group (MO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 11,241,000 | 12,318,000 | 11,919,000 | 11,560,000 | 10,873,000 |
| Revenue | US$ in thousands | 20,444,000 | 24,483,000 | 25,096,000 | 26,013,000 | 26,153,000 |
| Operating profit margin | 54.98% | 50.31% | 47.49% | 44.44% | 41.57% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $11,241,000K ÷ $20,444,000K
= 54.98%
The operating profit margin of Altria Group has shown a consistent upward trend over the years, reflecting strong operational efficiency and effective cost management. The margin increased from 41.57% in December 2020 to 54.98% by December 2024, showcasing a significant improvement in profitability. This growth indicates that Altria Group has been able to generate more profit from its core business operations, which is a positive sign for investors and stakeholders. The company's ability to maintain and increase its operating profit margin demonstrates its competitive strength in the market and its focus on driving sustainable profitability.
Peer comparison
Dec 31, 2024