Altria Group, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Altria Group, Inc. reported net income of $6.95B on revenue of $23.28B. Operating cash flow was $9.29B and capital expenditures were $216.00M, leaving $9.07B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.74B | $25.58B | $25.36B | $25.11B | $26.15B | $26.01B | $25.10B | $24.48B | $24.02B | $23.28B |
| Gross profit | $11.57B | $11.96B | $12.25B | $12.71B | $13.02B | $13.99B | $14.25B | $14.28B | $14.37B | $14.54B |
| Operating income | $8.76B | $9.59B | $9.12B | $10.33B | $10.87B | $11.56B | $11.92B | $11.55B | $11.24B | $9.90B |
| Net income | $14.24B | $10.22B | $6.96B | −$1.29B | $4.47B | $2.48B | $5.76B | $8.13B | $11.26B | $6.95B |
| Diluted EPS | $7.28 | $5.31 | $3.68 | −$0.70 | $2.40 | $1.34 | $3.19 | $4.57 | $6.54 | $4.12 |
| Operating cash flow | $3.83B | $4.90B | $8.39B | $7.84B | $8.38B | $8.40B | $8.26B | $9.29B | $8.75B | $9.29B |
| Capital expenditures | $189.00M | $199.00M | $238.00M | $246.00M | $231.00M | $169.00M | $205.00M | $196.00M | $142.00M | $216.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | 62.5% | 42.5% | 29.8% |
| Dec 2024 | 59.8% | 46.8% | 46.9% |
| Dec 2023 | 58.3% | 47.2% | 33.2% |
| Dec 2022 | 56.8% | 47.5% | 23.0% |
| Dec 2021 | 53.8% | 44.4% | 9.5% |
Source: SEC EDGAR XBRL company facts for CIK 764180 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.