Altria Group annual debt-to-equity ratio
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Altria Group Debt-to-Equity Ratio Growth & History (MO)
Altria Group's debt-to-equity ratio was 10.38 for fiscal 2020.
View full Altria Group company overviewAltria Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2020 | 2020-12-31 | 10.38 | 5.87 | +130.33% |
| 2019 | 2019-12-31 | 4.51 | 2.77 | +158.85% |
| 2018 | 2018-12-31 | 1.74 | 0.84 | +92.70% |
| 2017 · Dec 31 | 2017-12-31 | 0.90 | −0.18 | −16.88% |
| 2017 · Jun 30 | 2017-06-30 | 1.12 | −2.97 | −72.65% |
| 2016 · Dec 31 | 2016-12-31 | 1.09 | −3.37 | −75.63% |
| 2016 · Jun 30 | 2016-06-30 | 4.09 | — | — |
| 2015 | 2015-12-31 | 4.46 | −0.41 | −8.50% |
| 2014 · Dec 31 | 2014-12-31 | 4.87 | 1.35 | +38.32% |
| 2014 · Jun 30 | 2014-06-30 | 3.18 | — | — |
| 2013 | 2013-12-31 | 3.52 | −0.86 | −19.55% |
| 2012 | 2012-12-31 | 4.38 | 0.66 | +17.77% |
| 2011 | 2011-12-31 | 3.72 | 1.37 | +58.38% |
| 2010 | 2010-12-31 | 2.35 | −0.59 | −20.10% |
| 2009 | 2009-12-31 | 2.94 | 0.47 | +19.19% |
| 2008 | 2008-12-31 | 2.47 | — | — |
Altria Group quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2021 | 2021-06-30 | 8.67 | 3.57 | +69.82% |
| Q1 2021 | 2021-03-31 | 10.19 | 5.61 | +122.43% |
| Q4 2020 | 2020-12-31 | 10.38 | 5.87 | +130.33% |
| Q3 2020 | 2020-09-30 | 9.32 | 6.67 | +252.21% |
| Q2 2020 | 2020-06-30 | 5.11 | 3.08 | +152.57% |
| Q1 2020 | 2020-03-31 | 4.58 | 2.51 | +121.10% |
| Q4 2019 | 2019-12-31 | 4.51 | 2.77 | +158.85% |
| Q3 2019 | 2019-09-30 | 2.65 | 1.75 | +194.89% |
| Q2 2019 | 2019-06-30 | 2.02 | 1.14 | +129.73% |
| Q1 2019 | 2019-03-31 | 2.07 | 1.17 | +129.49% |
| Q4 2018 | 2018-12-31 | 1.74 | 0.84 | +92.70% |
| Q3 2018 | 2018-09-30 | 0.90 | −0.24 | −21.41% |
| Q2 2018 | 2018-06-30 | 0.88 | −0.24 | −21.31% |
| Q1 2018 · Mar 31 | 2018-03-31 | 0.90 | −0.23 | −20.28% |
| Q4 2017 · Dec 31 | 2017-12-31 | 0.90 | −0.18 | −16.88% |
| Q1 2018 · Sep 30 | 2017-09-30 | 1.14 | −3.57 | −75.78% |
| Q4 2017 · Jun 30 | 2017-06-30 | 1.12 | −2.97 | −72.65% |
| Q1 2017 · Mar 31 | 2017-03-31 | 1.13 | −3.55 | −75.81% |
| Q4 2016 · Dec 31 | 2016-12-31 | 1.09 | −3.37 | −75.63% |
| Q1 2017 · Sep 30 | 2016-09-30 | 4.71 | 0.24 | +5.33% |
| Q4 2016 · Jun 30 | 2016-06-30 | 4.09 | −0.92 | −18.38% |
| Q1 2016 | 2016-03-31 | 4.68 | −0.81 | −14.70% |
| Q4 2015 | 2015-12-31 | 4.46 | −0.41 | −8.50% |
| Q3 2015 | 2015-09-30 | 4.48 | 1.22 | +37.34% |
| Q2 2015 | 2015-06-30 | 5.01 | 1.83 | +57.33% |
| Q1 2015 · Mar 31 | 2015-03-31 | 5.49 | 2.09 | +61.40% |
| Q4 2014 · Dec 31 | 2014-12-31 | 4.87 | 1.35 | +38.32% |
| Q1 2015 · Sep 30 | 2014-09-30 | 3.26 | −0.48 | −12.79% |
| Q4 2014 · Jun 30 | 2014-06-30 | 3.18 | −0.99 | −23.69% |
| Q1 2014 | 2014-03-31 | 3.40 | −0.49 | −12.56% |
| Q4 2013 | 2013-12-31 | 3.52 | −0.86 | −19.55% |
| Q3 2013 | 2013-09-30 | 3.74 | 0.15 | +4.09% |
| Q2 2013 | 2013-06-30 | 4.17 | 0.97 | +30.24% |
| Q1 2013 | 2013-03-31 | 3.89 | 0.19 | +5.13% |
| Q4 2012 | 2012-12-31 | 4.38 | 0.66 | +17.77% |
| Q3 2012 | 2012-09-30 | 3.59 | 0.49 | +15.89% |
| Q2 2012 | 2012-06-30 | 3.20 | 0.25 | +8.43% |
| Q1 2012 | 2012-03-31 | 3.70 | 1.46 | +65.40% |
| Q4 2011 | 2011-12-31 | 3.72 | 1.37 | +58.38% |
| Q3 2011 | 2011-09-30 | 3.10 | 0.73 | +30.82% |
| Q2 2011 | 2011-06-30 | 2.95 | 0.26 | +9.63% |
| Q1 2011 | 2011-03-31 | 2.24 | −0.62 | −21.60% |
| Q4 2010 | 2010-12-31 | 2.35 | −0.59 | −20.10% |
| Q3 2010 | 2010-09-30 | 2.37 | −0.85 | −26.33% |
| Q2 2010 | 2010-06-30 | 2.69 | −1.00 | −27.06% |
| Q1 2010 | 2010-03-31 | 2.85 | — | — |
| Q4 2009 | 2009-12-31 | 2.94 | 0.47 | +19.19% |
| Q3 2009 | 2009-09-30 | 3.21 | — | — |
| Q2 2009 | 2009-06-30 | 3.69 | — | — |
| Q4 2008 | 2008-12-31 | 2.47 | — | — |
Altria Group debt-to-equity ratio trends
Over the last five fiscal years, Altria Group's debt-to-equity ratio increased from 4.46 to 10.38, a change of 5.92. The latest reported quarter, Q2 2021, shows 8.67.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Altria Group source filings ↗