ALTRIA GROUP, INC.

10-K & 10-Q Filings

Altria Group, Inc. is a company that filed an amended annual report (Form 10-K) with the Securities and Exchange Commission (SEC) on June 1, 2023. The company is a large corporation, but it is not an accelerated filer or an emerging growth company. Its common stock is traded on the New York Stock Exchange under the ticker symbol "ALT." The company's principal executive offices are located in the United States. Altria does not indicate in the text whether it is a well-known seasoned issuer or if it is required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. The company has filed all required reports for the preceding 12 months and has submitted all Interactive Data Files required by the SEC. Altria's business revolves around the manufacturing, sale, and distribution of tobacco products. Its business strategy includes focusing on its core tobacco business, while also investing in smoke-free products to diversify its portfolio. The company operates through three business segments: Tobacco Companies USA, Inc. (TCUSA), which sells and distributes cigarettes, smokeless products, and cigars in the United States; Altria Client Services, LLC, which provides various services to TCUSA and other Altria subsidiaries; and Philip Morris Capital Corporation, which provides financing services to Altria and its subsidiaries. Altria's website is www.altria.com. For more detailed financial information, please refer to the company's annual report and other filings made with the SEC.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$22584.00
23492.00
23417.00
23714.00
24617.00
24997.00
24871.00
24699.00
23830.00
24944.00
24851.00
24038.00
23494.00
5490.00
5322.00
0.33%-3.06%Cost of Revenue (-)
$13645.00
13929.00
12960.00
13554.00
13503.00
13406.00
12920.00
12445.00
11119.00
11921.00
10859.00
9792.00
9210.00
2161.00
2042.00
-3.22%-5.51%Gross Profit (+)
$8939.00
9563.00
10457.00
10160.00
11114.00
11591.00
11951.00
12254.00
12711.00
13023.00
13992.00
14246.00
14284.00
3329.00
3280.00
3.98%-1.47%Depreciation & Amortization (-)
$20.00
20.00
20.00
Non-recurring Operating Expenses (-)
$222.00
61.00
11.00
-1.00
4.00
Operating Expenses (-)
$2871.00
2310.00
2373.00
2540.00
2753.00
2829.00
2395.00
3139.00
2385.00
2150.00
2432.00
2327.00
2737.00
572.00
606.00
-0.40%5.94%Costs & Expenses (Total) (-)
$16516.00
16239.00
15333.00
16094.00
16256.00
16235.00
15315.00
15584.00
13504.00
14071.00
13291.00
12119.00
11947.00
2733.00
2648.00
-2.66%-3.11%Operating Income/Loss (+)
$6068.00
7253.00
8084.00
7620.00
8361.00
8762.00
9556.00
9115.00
10326.00
10873.00
11560.00
11919.00
11547.00
2757.00
2674.00
5.51%-3.01%Non-operating Income/Expense (+)
$730.00
350.00
-93.00
962.00
534.00
-28.00
532.00
924.00
-8280.00
-2774.00
-6574.00
-3472.00
370.00
-49.00
24.00
-5.51%148.98%Earnings before Tax (+)
$5582.00
6477.00
6942.00
7774.00
8078.00
21852.00
9828.00
9341.00
766.00
6890.00
3824.00
7389.00
10928.00
2479.00
2739.00
5.76%10.49%Tax Expense (-)
$2189.00
2294.00
2407.00
2704.00
2835.00
7608.00
-399.00
2374.00
2064.00
2436.00
1349.00
1625.00
2798.00
692.00
610.00
2.07%-11.85%Income/Loss (Continuing Operations) (+)
$3393.00
4183.00
4535.00
5070.00
5243.00
14244.00
10227.00
6967.00
-1298.00
4454.00
2475.00
5764.00
8130.00
1787.00
2129.00
7.55%19.14%Profit/Loss (+)
$3393.00
4183.00
4535.00
5070.00
5243.00
14244.00
10227.00
6967.00
-1298.00
4454.00
2475.00
5764.00
Net Income/Loss (NCI) (-)
$3.00
3.00
2.00
5.00
5.00
4.00
-5.00
-13.00
Net Income/Loss (+)
$3390.00
4180.00
4535.00
5070.00
5241.00
14239.00
10222.00
6963.00
-1293.00
4467.00
2475.00
5764.00
8130.00
1787.00
2129.00
7.56%19.14%Net Income/Loss (Common) (+)
$3390.00
4180.00
4535.00
5070.00
5241.00
14239.00
10222.00
6963.00
-1293.00
4467.00
2475.00
5764.00
8130.00
1787.00
2129.00
7.56%19.14%EPS (Basic)
$1.64
2.06
2.26
2.56
2.67
7.28
5.31
3.69
-0.70
2.40
1.34
3.19
4.57
1.00
1.21
8.92%21.00%EPS (Diluted)
$1.64
2.06
2.26
2.56
2.67
7.28
5.31
3.68
-0.70
2.40
1.34
3.19
4.57
1.00
1.21
8.92%21.00%Weighted Avg Shares (Basic)
2045.67
2009.86
1992.85
1969.32
1957.93
1939.42
1900.45
1874.43
1858.37
1858.69
1817.26
1785.56
1763.46
1785.04
1717.63
-1.23%-3.78%Cash
$3270.00
2900.00
3175.00
3321.00
2369.00
4569.00
1253.00
1333.00
2117.00
4945.00
4544.00
4030.00
3686.00
3913.00
3608.00
1.00%-7.79%Receivables
$268.00
193.00
115.00
124.00
124.00
151.00
142.00
142.00
152.00
137.00
47.00
58.00
Inventory
$1779.00
1746.00
1879.00
2040.00
2031.00
2051.00
2225.00
2331.00
2293.00
1966.00
1194.00
1180.00
1215.00
1252.00
1241.00
-3.13%-0.88%Other Assets (Current)
$1814.00
1476.00
1421.00
1393.00
1562.00
489.00
724.00
493.00
262.00
69.00
298.00
2010.00
684.00
1929.00
349.00
-7.81%-81.91%Assets (Current)
$7131.00
6315.00
6590.00
6878.00
6086.00
7260.00
4344.00
4299.00
4824.00
7117.00
6083.00
7220.00
5585.00
7152.00
5198.00
-2.02%-27.32%Securities & Long-term Investments
$5509.00
6637.00
6455.00
6183.00
5483.00
17852.00
17952.00
17696.00
19529.00
13481.00
9600.00
10011.00
9559.00
8396.00
5.10%-12.17%Property, Plant & Equipment (Net)
$2216.00
8954.00
4817.00
4755.00
1982.00
1958.00
1914.00
1938.00
1999.00
2012.00
1553.00
1608.00
1652.00
1593.00
1624.00
-2.42%1.95%Accumulated Depreciation
$2512.00
2648.00
2789.00
2772.00
2895.00
2877.00
2965.00
3012.00
3075.00
3138.00
2879.00
2819.00
2930.00
2820.00
2891.00
1.29%2.52%Goodwill & Intangibles
$17272.00
17252.00
17232.00
17334.00
17313.00
17321.00
17707.00
17475.00
17864.00
17792.00
17483.00
17561.00
20477.00
17543.00
20384.00
1.43%16.19%Other Assets
$2322.00
73681.00
37413.00
36572.00
1671.00
1541.00
1285.00
11218.00
21509.00
964.00
923.00
965.00
845.00
979.00
873.00
-8.08%-10.83%Assets (Non-current)
$29831.00
29014.00
28269.00
27597.00
26449.00
38672.00
38858.00
51339.00
44447.00
40297.00
33440.00
29734.00
32985.00
29674.00
31277.00
0.84%5.40%Assets (Total)
$36962.00
35329.00
34859.00
34475.00
32535.00
45932.00
43202.00
55638.00
49271.00
47414.00
39523.00
36954.00
38570.00
36826.00
36475.00
0.36%-0.95%Accounts Payable
$1569.00
1523.00
1623.00
1630.00
1708.00
1902.00
1820.00
2091.00
1890.00
1982.00
2096.00
7060.00
7498.00
7807.00
8235.00
13.92%5.48%Debt (Current)
$600.00
1459.00
525.00
1000.00
4.00
864.00
13848.00
1000.00
1500.00
1105.00
1556.00
1121.00
1339.00
5.35%Other Liabilities (Current)
$5474.00
5269.00
4910.00
5043.00
5366.00
5473.00
4108.00
5254.00
5284.00
5581.00
5378.00
2700.00
2700.00
-5.72%Liabilities (Current)
$7643.00
8251.00
7058.00
7673.00
7078.00
7375.00
6792.00
21193.00
8174.00
9063.00
8579.00
8616.00
11319.00
9146.00
10935.00
3.33%19.56%Debt (Non-current)
$13089.00
12419.00
13992.00
13693.00
12915.00
13881.00
13030.00
11898.00
27042.00
27971.00
26939.00
25124.00
25112.00
24048.00
25042.00
5.58%4.13%Other Liabilities
$12515.00
11455.00
9656.00
10064.00
9632.00
11865.00
7962.00
7719.00
7698.00
7415.00
5611.00
7137.00
5629.00
7458.00
5562.00
-6.44%-25.42%Liabilities (Non-current)
$25604.00
23874.00
23648.00
23757.00
22547.00
25746.00
20992.00
19617.00
34740.00
35386.00
32550.00
32261.00
30741.00
31506.00
30604.00
1.54%-2.86%Liabilities (Total)
$33247.00
32125.00
30706.00
31430.00
29625.00
33121.00
27784.00
40810.00
42914.00
44449.00
41129.00
40877.00
42060.00
40652.00
41539.00
1.98%2.18%Treasury Stock
$24625.00
25731.00
26320.00
27251.00
27845.00
28912.00
31864.00
33524.00
34358.00
34344.00
36006.00
37816.00
38802.00
37796.00
40839.00
3.86%8.05%Retained Earnings
$23583.00
24316.00
25168.00
26277.00
27257.00
36906.00
42251.00
43962.00
36539.00
34679.00
30664.00
29792.00
31094.00
29898.00
31535.00
2.33%5.48%AOCI
$-1887.00
-2040.00
-1378.00
-2682.00
-3280.00
-2052.00
-1897.00
-2547.00
-2864.00
-4341.00
-3056.00
-2771.00
-2673.00
-2779.00
-2266.00
18.46%Shareholder's Equity
$3683.00
3170.00
4118.00
3010.00
2873.00
12773.00
15380.00
14789.00
6319.00
2925.00
-1606.00
-3923.00
-3490.00
-3826.00
-5064.00
-32.36%Liabilities & Equity
$36962.00
35329.00
34859.00
34475.00
32535.00
45932.00
43202.00
55638.00
49271.00
47414.00
39523.00
36954.00
38570.00
36826.00
36475.00
0.36%-0.95%Net Income/Loss
$3393.00
4183.00
4535.00
5070.00
5243.00
14244.00
10227.00
6967.00
-1298.00
4454.00
2475.00
5764.00
8130.00
1787.00
2129.00
7.55%19.14%Depreciation & Amortization
$253.00
225.00
212.00
208.00
225.00
204.00
209.00
227.00
226.00
257.00
244.00
226.00
272.00
52.00
65.00
0.61%25.00%Increase/Decrease in Working Capital
$-83.00
-1530.00
390.00
-35.00
-536.00
253.00
1885.00
-1141.00
-306.00
-249.00
-3.00
586.00
47.00
-714.00
-1058.00
-48.18%Share-based Compensation
$-240.00
-557.00
-393.00
-15.00
-28.00
-531.00
-49.00
-175.00
-156.00
-136.00
-34.00
-29.00
14.71%Adjustments to Reconcile Net Income
$220.00
-280.00
-160.00
-407.00
567.00
-10453.00
-5305.00
1424.00
9135.00
3931.00
5930.00
2492.00
1157.00
1197.00
748.00
14.84%-37.51%Net Cash (Operating)
$3613.00
3903.00
4375.00
4663.00
5810.00
3791.00
4922.00
8391.00
7837.00
8385.00
8405.00
8256.00
9287.00
2984.00
2877.00
8.19%-3.59%Capital Expenditure
$105.00
124.00
131.00
265.00
229.00
-4584.00
199.00
238.00
246.00
231.00
-1007.00
205.00
2947.00
55.00
-2318.00
32.03%-4314.55%Net Cash (Investing)
$387.00
920.00
602.00
177.00
-15.00
3708.00
-467.00
-12988.00
-2398.00
-143.00
1212.00
782.00
-1283.00
-56.00
2316.00
4235.71%Increase/Decrease in Debt
$1494.00
187.00
620.00
174.00
-1793.00
1043.00
11936.00
2321.00
993.00
-1070.00
-1105.00
-568.00
-1348.00
-1121.00
16.84%Increase/Decrease in Equity
$-1322.00
-1104.00
-673.00
-946.00
-554.00
-1030.00
-2917.00
-1673.00
-845.00
-1675.00
-1825.00
-1000.00
-2400.00
Interest Expenses
$1154.00
1219.00
1099.00
820.00
776.00
775.00
696.00
704.00
1102.00
1246.00
1189.00
1119.00
1116.00
-0.28%Dividends Paid
$3222.00
3400.00
3612.00
3892.00
4179.00
4512.00
4807.00
5415.00
6069.00
6290.00
6446.00
6599.00
6779.00
1683.00
1733.00
6.39%2.97%Net Cash (Financing)
$-3044.00
-5193.00
-4702.00
-4694.00
-6747.00
-5299.00
-7771.00
4716.00
-4712.00
-5396.00
-10029.00
-9541.00
-8374.00
-3045.00
-5268.00
-73.00%Cash Taxes Paid
$2865.00
3338.00
2448.00
2765.00
3029.00
4664.00
3036.00
2307.00
1977.00
2616.00
2673.00
2657.00
1890.00
-3.41%Increase/Decrease in Cash
$956.00
-370.00
275.00
146.00
-952.00
2200.00
-3316.00
119.00
727.00
2846.00
-412.00
-503.00
-370.00
-117.00
-75.00
35.90%Cash (Beginning)
$2314.00
3270.00
2900.00
3175.00
3321.00
2369.00
4569.00
1314.00
1433.00
2160.00
5006.00
4594.00
4091.00
4091.00
3721.00
4.86%-9.04%Cash (Ending)
$3270.00
2900.00
3175.00
3321.00
2369.00
4569.00
1253.00
1433.00
2160.00
5006.00
4594.00
4091.00
3721.00
3974.00
3646.00
1.08%-8.25%NOPAT
$2953.56
3515.08
5233.29
4909.77
5225.88
6891.88
9943.96
6863.82
-16324.79
6744.73
3479.49
7633.06
9549.94
1987.40
2078.48
10.27%4.58%Gross Margin %
39.58%
40.71%
44.66%
42.84%
45.15%
46.37%
48.05%
49.61%
53.34%
52.21%
56.30%
59.26%
60.80%
60.64%
61.63%
Operating Margin %
26.87%
30.87%
34.52%
32.13%
33.96%
35.05%
38.42%
36.90%
43.33%
43.59%
46.52%
49.58%
49.15%
50.22%
50.24%
NOPAT Margin %
13.08%
14.96%
22.35%
20.70%
21.23%
27.57%
39.98%
27.79%
-68.51%
27.04%
14.00%
31.75%
40.65%
36.20%
39.05%
Net Margin %
15.01%
17.79%
19.37%
21.38%
21.29%
56.96%
41.10%
28.19%
-5.43%
17.91%
9.96%
23.98%
34.60%
32.55%
40.00%
Tax Rate %
51.33%
51.54%
35.26%
35.57%
37.50%
21.34%
-4.06%
24.70%
258.09%
37.97%
69.90%
35.96%
17.30%
27.91%
22.27%
ROA
7.99%
9.95%
15.01%
14.24%
16.06%
15.00%
23.02%
12.34%
-33.13%
14.23%
8.80%
20.66%
24.76%
5.40%
5.70%
ROE
80.19%
110.89%
127.08%
163.12%
181.90%
53.96%
64.66%
46.41%
-258.34%
230.59%
-216.66%
-194.57%
-273.64%
-51.94%
-41.04%
ROIC
15.16%
13.35%
23.46%
21.85%
26.90%
35.63%
51.34%
37.10%
-82.06%
34.36%
19.36%
48.64%
56.69%
15.07%
14.64%
Asset Turnover
0.61
0.66
0.67
0.69
0.76
0.54
0.58
0.44
0.48
0.53
0.63
0.65
0.61
0.15
0.15
Inventory Turnover
7.67
7.98
6.90
6.64
6.65
6.54
5.81
5.34
4.85
6.06
9.09
8.30
7.58
1.73
1.65
Equity Multiplier
10.04
11.14
8.47
11.45
11.32
3.60
2.81
3.76
7.80
16.21
-24.61
-9.42
-11.05
-9.63
-7.20
Current Ratio
0.93
0.77
0.93
0.90
0.86
0.98
0.64
0.20
0.59
0.79
0.71
0.84
0.49
0.78
0.48
Quick Ratio
0.46
0.37
0.47
0.45
0.35
0.64
0.21
0.07
0.28
0.56
0.54
0.47
0.33
0.43
0.33
Debt/Equity Ratio
3.72
4.38
3.53
4.88
4.50
1.09
0.90
1.74
4.44
10.08
-17.46
-6.80
-7.52
-6.64
-4.95
Interest Coverage Ratio
5.26
5.95
7.36
9.29
10.77
11.31
13.73
12.95
9.37
8.73
9.72
10.65
10.35
Working Capital/Sales
-0.00
0.01
0.01
0.02
0.01
0.00
-0.01
-0.04
0.00
-0.01
-0.04
-0.14
-0.22
-1.08
-1.47
Dividend Payout Ratio %
109.09%
96.73%
69.02%
79.27%
79.97%
65.47%
48.34%
78.89%
37.18%
93.26%
185.26%
86.45%
70.98%
84.68%
83.38%
Total Payout
$4204.00
5536.00
4764.00
5484.00
7302.00
5274.00
8420.00
-4144.00
5695.00
6543.00
10380.00
10648.00
9463.00
3031.00
5254.00
7.00%73.34%Payout Ratio %
142.34%
157.49%
91.03%
111.70%
139.73%
76.52%
84.67%
-60.37%
34.89%
97.01%
298.32%
139.50%
99.09%
152.51%
252.78%