Altria Group annual operating margin
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2025
Altria Group Operating Margin Growth & History (MO)
Altria Group's operating margin was 42.52% for fiscal 2025.
View full Altria Group company overviewAltria Group annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 42.52% | −4.28 pp |
| 2024 | 2024-12-31 | 46.80% | −0.36 pp |
| 2023 | 2023-12-31 | 47.16% | −0.33 pp |
| 2022 | 2022-12-31 | 47.49% | +3.05 pp |
| 2021 | 2021-12-31 | 44.44% | +2.86 pp |
| 2020 | 2020-12-31 | 41.57% | +0.45 pp |
| 2019 | 2019-12-31 | 41.12% | +5.19 pp |
| 2018 | 2018-12-31 | 35.94% | −1.57 pp |
| 2017 | 2017-12-31 | 37.51% | +3.48 pp |
| 2016 | 2016-12-31 | 34.03% | +1.16 pp |
| 2015 | 2015-12-31 | 32.87% | +1.80 pp |
| 2014 | 2014-12-31 | 31.07% | −1.97 pp |
| 2013 | 2013-12-31 | 33.04% | +3.58 pp |
| 2012 | 2012-12-31 | 29.46% | +3.97 pp |
| 2011 | 2011-12-31 | 25.50% | −0.07 pp |
| 2010 | 2010-12-31 | 25.56% | +2.38 pp |
| 2009 | 2009-12-31 | 23.19% | −2.03 pp |
| 2008 | 2008-12-31 | 25.22% | +1.79 pp |
| 2007 | 2007-12-31 | 23.43% | — |
Altria Group quarterly operating margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 51.32% | −1.62 pp |
| Q1 2026 | 2026-03-31 | 54.46% | +20.46 pp |
| Q4 2025 | 2025-12-31 | 28.24% | −20.00 pp |
| Q3 2025 | 2025-09-30 | 53.19% | +2.84 pp |
| Q2 2025 | 2025-06-30 | 52.93% | +12.14 pp |
| Q1 2025 | 2025-03-31 | 34.00% | −13.96 pp |
| Q4 2024 | 2024-12-31 | 48.24% | +1.45 pp |
| Q3 2024 | 2024-09-30 | 50.36% | +1.18 pp |
| Q2 2024 | 2024-06-30 | 40.80% | −3.84 pp |
| Q1 2024 | 2024-03-31 | 47.96% | −0.25 pp |
| Q4 2023 | 2023-12-31 | 46.79% | +0.68 pp |
| Q3 2023 | 2023-09-30 | 49.18% | +1.67 pp |
| Q2 2023 | 2023-06-30 | 44.64% | −2.82 pp |
| Q1 2023 | 2023-03-31 | 48.21% | −0.74 pp |
| Q4 2022 | 2022-12-31 | 46.11% | +2.42 pp |
| Q3 2022 | 2022-09-30 | 47.51% | +4.02 pp |
| Q2 2022 | 2022-06-30 | 47.46% | +1.52 pp |
| Q1 2022 | 2022-03-31 | 48.95% | +4.38 pp |
| Q4 2021 | 2021-12-31 | 43.69% | +2.75 pp |
| Q3 2021 | 2021-09-30 | 43.49% | −0.88 pp |
| Q2 2021 | 2021-06-30 | 45.93% | +2.02 pp |
| Q1 2021 | 2021-03-31 | 44.57% | +7.83 pp |
| Q4 2020 | 2020-12-31 | 40.94% | +0.54 pp |
| Q3 2020 | 2020-09-30 | 44.36% | +1.42 pp |
| Q2 2020 | 2020-06-30 | 43.91% | +2.87 pp |
| Q1 2020 | 2020-03-31 | 36.74% | −3.03 pp |
| Q4 2019 | 2019-12-31 | 40.40% | +11.88 pp |
| Q3 2019 | 2019-09-30 | 42.94% | +5.54 pp |
| Q2 2019 | 2019-06-30 | 41.05% | +1.43 pp |
| Q1 2019 | 2019-03-31 | 39.77% | +1.85 pp |
| Q4 2018 | 2018-12-31 | 28.52% | −8.14 pp |
| Q3 2018 | 2018-09-30 | 37.40% | −1.08 pp |
| Q2 2018 | 2018-06-30 | 39.62% | +1.68 pp |
| Q1 2018 | 2018-03-31 | 37.92% | +1.11 pp |
| Q4 2017 | 2017-12-31 | 36.67% | +4.80 pp |
| Q3 2017 | 2017-09-30 | 38.48% | +3.98 pp |
| Q2 2017 | 2017-06-30 | 37.94% | +0.98 pp |
| Q1 2017 | 2017-03-31 | 36.81% | +4.22 pp |
| Q4 2016 | 2016-12-31 | 31.86% | +0.76 pp |
| Q3 2016 | 2016-09-30 | 34.50% | +0.06 pp |
| Q2 2016 | 2016-06-30 | 36.96% | +3.33 pp |
| Q1 2016 | 2016-03-31 | 32.59% | +0.46 pp |
| Q4 2015 | 2015-12-31 | 31.10% | +0.55 pp |
| Q3 2015 | 2015-09-30 | 34.44% | +3.64 pp |
| Q2 2015 | 2015-06-30 | 33.63% | +2.06 pp |
| Q1 2015 | 2015-03-31 | 32.13% | +0.70 pp |
| Q4 2014 | 2014-12-31 | 30.55% | +0.96 pp |
| Q3 2014 | 2014-09-30 | 30.80% | −1.74 pp |
| Q2 2014 | 2014-06-30 | 31.57% | −0.17 pp |
| Q1 2014 | 2014-03-31 | 31.43% | −7.50 pp |
| Q4 2013 | 2013-12-31 | 29.59% | +1.31 pp |
| Q3 2013 | 2013-09-30 | 32.53% | +0.99 pp |
| Q2 2013 | 2013-06-30 | 31.74% | +2.80 pp |
| Q1 2013 | 2013-03-31 | 38.93% | +9.85 pp |
| Q4 2012 | 2012-12-31 | 28.28% | +6.15 pp |
| Q3 2012 | 2012-09-30 | 31.54% | +0.80 pp |
| Q2 2012 | 2012-06-30 | 28.93% | +7.06 pp |
| Q1 2012 | 2012-03-31 | 29.08% | +1.80 pp |
| Q4 2011 | 2011-12-31 | 22.12% | −3.07 pp |
| Q3 2011 | 2011-09-30 | 30.75% | +3.01 pp |
| Q2 2011 | 2011-06-30 | 21.88% | −2.50 pp |
| Q1 2011 | 2011-03-31 | 27.27% | +2.45 pp |
| Q4 2010 | 2010-12-31 | 25.19% | +5.24 pp |
| Q3 2010 | 2010-09-30 | 27.74% | +5.61 pp |
| Q2 2010 | 2010-06-30 | 24.37% | −0.59 pp |
| Q1 2010 | 2010-03-31 | 24.83% | −1.51 pp |
| Q4 2009 | 2009-12-31 | 19.95% | −5.42 pp |
| Q3 2009 | 2009-09-30 | 22.13% | −4.43 pp |
| Q2 2009 | 2009-06-30 | 24.96% | — |
| Q1 2009 | 2009-03-31 | 26.33% | — |
| Q3 2008 | 2008-09-30 | 25.37% | — |
| Q2 2008 | 2008-06-30 | 26.55% | — |
Altria Group operating margin trends
Over the last five reported fiscal years, Altria Group's operating margin increased from 41.57% to 42.52%, a change of +0.95 percentage points. The latest reported quarter, Q2 2026, shows 51.32%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Altria Group filings at SEC.gov ↗