Altria Group (MO)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 10,468,000 | 11,810,000 | 11,750,000 | 13,734,000 | 14,782,000 | 14,789,000 | 14,676,000 | 12,362,000 | 12,077,000 | 11,951,000 | 9,449,000 | 8,271,000 | 8,517,000 | 8,116,000 | 4,402,000 | 5,721,000 | 5,012,000 | 2,234,000 | 5,256,000 | 4,848,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -3,502,000 | -2,646,000 | -3,256,000 | -3,510,000 | -2,238,000 | -3,468,000 | -3,016,000 | -5,114,000 | -3,540,000 | -3,407,000 | -3,827,000 | -3,876,000 | -3,973,000 | -4,232,000 | -2,403,000 | -1,760,000 | -1,606,000 | -1,267,000 | 3,257,000 | 2,913,000 |
| Return on total capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 161.38% | 166.43% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $10,468,000K ÷ ($—K + $-3,502,000K)
= —