Altria Group (MO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 70.27% | 69.84% | 69.53% | 69.39% | 69.47% | 69.52% | 69.06% | 68.83% | 68.86% | 67.91% | 67.41% | 66.95% | 66.28% | 65.57% | 65.33% | 64.92% | 62.49% | 62.95% | 62.70% | 62.45% |
| 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% |
| Pretax margin | 66.81% | 66.87% | 66.51% | 54.69% | 53.30% | 53.00% | 40.57% | 34.87% | 35.72% | 33.66% | 15.65% | 21.66% | 18.11% | 19.38% | 33.27% | 32.50% | 33.06% | 15.18% | 6.51% | 6.64% |
| Net profit margin | 55.10% | 50.51% | 50.05% | 41.42% | 39.65% | 42.60% | 32.93% | 27.08% | 27.82% | 22.65% | 8.38% | 14.25% | 11.68% | 13.13% | 21.37% | 20.95% | 21.40% | 3.54% | -4.52% | -4.23% |
Altria Group has shown consistent improvement in its profitability ratios over the years.
1. Gross Profit Margin: The company's gross profit margin has steadily increased from 62.45% in March 2020 to 70.27% in December 2024. This indicates that Altria has been able to generate more profit on each dollar of sales, which is a positive trend.
2. Operating Profit Margin: Altria's operating profit margin has fluctuated over the years but generally shown an upward trend, with some volatility in the middle years. It increased from 50.97% in March 2020 to 54.98% in December 2024. This suggests that the company has been controlling its operating expenses effectively and improving operational efficiency.
3. Pretax Margin: The pretax margin reflects the company's ability to generate profit before taxes on its total revenue. Altria's pretax margin shows significant fluctuations over the years, with peaks and troughs. It increased from 6.64% in March 2020 to 66.81% in December 2024, with some periods of high profitability and some volatility.
4. Net Profit Margin: Altria's net profit margin, which indicates the profitability after accounting for all expenses and taxes, has shown a steady improvement from -4.23% in March 2020 to 55.10% in December 2024. This trend suggests that the company has been able to manage its costs effectively and improve its bottom line profitability.
Overall, the increasing trend in the profitability ratios of Altria Group indicates that the company has been able to improve its operational efficiency, control costs, and generate higher profits over the years. These trends bode well for the financial health and performance of the company in the future.
Return on investment
| 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 return on assets (Operating ROA) | 31.96% | 35.22% | 34.82% | 33.84% | 32.22% | 31.72% | 24.65% | 25.41% | 25.67% | 27.69% | 31.77% | 29.21% | 29.25% | 28.83% | 26.17% | 23.02% | 22.93% | 22.98% | 20.92% | 19.81% |
| Return on assets (ROA) | 32.02% | 30.10% | 29.54% | 23.23% | 21.08% | 24.02% | 18.34% | 15.17% | 15.57% | 13.80% | 4.74% | 7.46% | 6.24% | 6.99% | 10.22% | 8.88% | 9.41% | 1.56% | -1.83% | -1.64% |
| Return on total capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 152.32% | 155.06% | 154.56% | 143.16% | 131.65% | 116.51% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 139.30% | 148.68% | 152.48% | 22.56% | -15.88% | -13.22% |
Altria Group's profitability ratios show a positive trend over time.
1. Operating Return on Assets (Operating ROA) has been consistently increasing from 19.81% as of March 31, 2020, to 35.22% as of September 30, 2024. This indicates the company's ability to generate profit from its operations relative to its total assets.
2. Return on Assets (ROA) has shown improvement, moving from negative values in the first two quarters of 2020 to 32.02% by December 31, 2024. This suggests that the company's efficiency in utilizing its assets to generate earnings has significantly enhanced.
3. Return on Total Capital saw a substantial rise from 116.51% on March 31, 2020, to unspecified values by September 30, 2021. This reflects the firm's capability to generate profits from its total invested capital, including both debt and equity.
4. Return on Equity (ROE) improved significantly from negative percentages in early 2020 to 152.48% by the end of December 2020. However, data for ROE after 2021 is not available, suggesting the need for more recent figures to assess the company's profitability relative to shareholders' equity.
Overall, Altria Group's profitability metrics demonstrate a positive trajectory, indicating effective management of assets and capital to drive earnings growth.