Altria Group (MO)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | -2,238,000 | -3,540,000 | -3,973,000 | -1,606,000 | 2,839,000 |
| ROE | — | — | — | — | 157.34% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $11,264,000K ÷ $-2,238,000K
= —
The return on equity (ROE) for Altria Group as of December 31, 2020, stood at an impressive 157.34%. This indicates that for each dollar of shareholders' equity invested in the company, Altria generated a net income of 157.34 cents. However, the ROE data for the subsequent years, December 31, 2021, 2022, 2023, and 2024, are not available (denoted by "—").
The high ROE in 2020 suggests that Altria efficiently utilized shareholders' equity to generate profits. It signifies that the company was able to effectively manage its assets and liabilities to generate substantial returns for its investors.
The absence of ROE data for the following years could indicate potential challenges in profitability or fluctuations in the company's financial performance that led to the unavailability of this information. Further analysis and additional financial data would be needed to understand the reasons behind the missing ROE figures and evaluate the company's overall financial health and performance.
Peer comparison
Dec 31, 2024