Altria Group, Inc. (MO) Financial Statements
Altria financial statements at a glance
Altria reported revenue of $20.14 billion for fiscal year 2025 (ended December 31, 2025), down 1.5% from fiscal year 2024. Net income was $6.93 billion, a net margin of 34.4%, and diluted earnings per share were $4.12.
At the end of fiscal year 2025 it had total assets of $35.02 billion, total liabilities of $38.47 billion and shareholders' equity of -$3.50 billion, with cash and short-term investments of $4.47 billion and total debt of $25.71 billion.
Its operations brought in $9.29 billion of cash; capital spending was $216.00 million, leaving free cash flow of $9.07 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Altria Group, Inc.
Income Statement
Annual • USD
Altria key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $20.1B | $20.4B | $20.5B | $20.7B | $21.1B |
| Gross profit | $14.5B | $14.4B | $14.3B | $14.2B | $14.0B |
| Operating income | $12.0B | $11.6B | $11.5B | $11.9B | $11.6B |
| Net income | $6.9B | $11.2B | $8.1B | $5.8B | $2.5B |
| Diluted EPS | $4.12 | $6.54 | $4.57 | $3.19 | $1.34 |
| Total assets | $35.0B | $35.2B | $38.6B | $37.0B | $39.5B |
| Total liabilities | $38.5B | $37.4B | $42.1B | $40.9B | $41.1B |
| Shareholders' equity | -$3.5B | -$2.2B | -$3.5B | -$4.0B | -$1.6B |
| Cash and short-term investments | $4.5B | $3.1B | $3.7B | $4.0B | $4.5B |
| Total debt | $25.7B | $24.9B | $26.2B | $26.7B | $28.0B |
| Operating cash flow | $9.3B | $8.8B | $9.3B | $8.3B | $8.4B |
| Capital spending | $216.0M | $142.0M | $196.0M | $205.0M | $169.0M |
| Free cash flow | $9.1B | $8.6B | $9.1B | $8.1B | $8.2B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Altria's revenue in fiscal year 2025?
$20.14 billion, down 1.5% from $20.44 billion in fiscal year 2024.
How much profit does Altria make?
Altria reported net income of $6.93 billion for fiscal year 2025 (34.4% of revenue); operating income was $12.04 billion.
How much cash and debt does Altria have?
At the end of fiscal year 2025: cash and short-term investments of $4.47 billion and total debt of $25.71 billion.
What is Altria's free cash flow?
$9.07 billion in fiscal year 2025 (operating cash flow of $9.29 billion minus capital spending of $216.00 million).
