Altria Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Altria Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $20,502,000,000. The net income raised on $8,130,000,000 and profit margin reached 40%. Total operating expenses were $2,708,000,000.
Profit Margin
| 2014 | 17.94B | 5.07B | 28.25% |
|---|---|---|---|
| 2015 | 18.85B | 5.24B | 27.8% |
| 2016 | 19.33B | 14.23B | 73.64% |
| 2017 | 19.49B | 10.22B | 52.44% |
| 2018 | 19.62B | 6.96B | 35.48% |
| 2019 | 19.79B | -1.29B | -6.56% |
| 2020 | 20.84B | 4.46B | 21.43% |
| 2021 | 21.11B | 2.47B | 11.72% |
| 2022 | 20.68B | 5.76B | 27.86% |
| 2023 | 20.50B | 8.13B | 39.65% |
MO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 20.50B | 20.68B | 21.11B | 20.84B | 19.79B | 19.62B | 19.49B | 19.33B | 18.85B | 17.94B |
Cost of revenue | 6.21B | 6.44B | 7.11B | 7.81B | 7.08B | 7.37B | 7.54B | 7.74B | 7.74B | 7.78B |
Gross profit | 14.28B | 14.24B | 13.99B | 13.02B | 12.71B | 12.25B | 11.95B | 11.59B | 11.11B | 10.16B |
Operating exp. | ||||||||||
Research and development | 220M | 162M | 145M | 131M | 168M | 252M | 241M | 203M | 186M | 167M |
Selling and marketing | 0 | 2.32B | 2.01B | 1.85B | 1.98B | 2.75B | 2.36B | 2.65B | 2.70B | 2.53B |
Total operating expenses | 2.70B | 2.32B | 2.43B | 2.15B | 2.22B | 2.75B | 2.36B | 2.65B | 2.74B | 2.54B |
Operating income | 11.54B | 8.53B | 11.56B | 10.87B | 20.50B | 9.11B | 9.55B | 8.76B | 8.36B | 7.62B |
Other income (expenses), net | -619M | -1.14B | -7.73B | -3.98B | -19.73B | 508M | 235M | 13.65B | -283M | 154M |
Income before tax | 10.92B | 7.38B | 3.82B | 6.89B | 766M | 9.34B | 9.82B | 21.85B | 8.07B | 7.77B |
Income tax expense | 2.79B | 1.62B | 1.34B | 2.43B | 2.06B | 2.37B | -399M | 7.60B | 2.83B | 2.70B |
Net income | 8.13B | 5.76B | 2.47B | 4.46B | -1.29B | 6.96B | 10.22B | 14.23B | 5.24B | 5.07B |
Earnings per share | ||||||||||
Basic EPS | 4.57 | 3.19 | 1.34 | 2.4 | -0.69 | 3.69 | 5.31 | 7.28 | 2.67 | 2.56 |
Diluted EPS | 4.57 | 3.19 | 1.34 | 2.4 | -0.69 | 3.69 | 5.31 | 7.28 | 2.67 | 2.56 |
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