Altria Group (MO)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 11,241,000 | 12,035,000 | 11,972,000 | 12,344,000 | 12,427,000 | 11,569,000 | 9,158,000 | 9,358,000 | 9,485,000 | 9,400,000 | 11,673,000 | 11,754,000 | 11,560,000 | 11,408,000 | 11,617,000 | 11,227,000 | 10,873,000 | 10,719,000 | 10,503,000 | 10,424,000 |
| Revenue (ttm) | US$ in thousands | 20,444,000 | 20,362,000 | 20,295,000 | 20,456,000 | 20,502,000 | 20,561,000 | 20,696,000 | 20,632,000 | 20,688,000 | 20,691,000 | 20,810,000 | 21,050,000 | 21,111,000 | 21,080,000 | 21,227,000 | 20,675,000 | 20,841,000 | 20,588,000 | 20,322,000 | 20,453,000 |
| Operating profit margin | 54.98% | 59.11% | 58.99% | 60.34% | 60.61% | 56.27% | 44.25% | 45.36% | 45.85% | 45.43% | 56.09% | 55.84% | 54.76% | 54.12% | 54.73% | 54.30% | 52.17% | 52.06% | 51.68% | 50.97% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $11,241,000K ÷ $20,444,000K
= 54.98%
Altria Group's operating profit margin has exhibited a fluctuating trend over the periods from March 31, 2020, to December 31, 2024. The operating profit margin started at 50.97% in March 2020 and gradually increased to reach its peak at 60.61% in December 2023. However, the margin saw a decline in the subsequent periods, dropping to 44.25% by June 30, 2023.
The company experienced a significant rebound in profitability in the second half of 2023, with the operating profit margin rising to 60.34% in March 2024. Subsequently, there was a slight decrease in the margin to 54.98% by December 31, 2024.
The fluctuations in Altria Group's operating profit margin indicate changes in the company's ability to generate profits from its core operations over time. It is crucial for investors and stakeholders to monitor these variations closely to understand the company's operational efficiency and profitability trends.
Peer comparison
Dec 31, 2024