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ALTRIA GROUP, INC.

LISTEDNYSE
SYMBOLMO
SIC2111
STATE OF INC.VA
FISCAL YEAR ENDSDecember 31
CIK764180

CIGARETTES · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

REVENUES, NET INCOME AND FREE CASH FLOW BY FISCAL YEAR$ billions-1001020302016201720182019202020212022202320242025RevenuesNet incomeFree cash flowEARNINGS AND DIVIDENDS PER SHARE$ per share-2.000.002.004.006.008.002016201720182019202020212022202320242025EPS dilutedDividends per share

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)Amount%
Total debt25,709115.8
Stockholders' equity(3,502)-15.8
Total capitalization22,207100.0

1,669,743,926 shares outstanding at 22 July 2026 (cover page of the 10-Q filed 30 July 2026).

LONG-TERM DEBT 12/31/25

($ millions)Amount
Long-term debt, incl. current maturities25,709
Long-term debt, noncurrent24,140
Current maturities1,569
Short-term borrowings / commercial paper0

CAPITAL STOCK 12/31/25

Common shares authorized12,000,000,000
Common shares issued2,805,961,317
Treasury shares1,131,643,020
Par or stated value per share ($)0.3333
Outstanding at 7/22/261,669,743,926

DIVIDENDS DECLARED/PAID

Fiscal yearPer share $Payout %
20254.16101.0
20244.0061.2
20233.8484.0
20223.68115.4
20213.52262.7

HISTORY AND BUSINESS

HISTORY: Incorporated in Virginia. Formerly known as PHILIP MORRIS COMPANIES INC (to 2 January 2003).

BUSINESS: Classified by the SEC under Standard Industrial Classification 2111, Cigarettes. Large accelerated filer. Principal executive office: 6601 West Broad Street, Richmond, VA 23230. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)12/31/2512/31/2412/31/23
Revenues23,27924,01824,483
Cost of revenues5,5976,0776,218
Gross profit14,54214,36714,284
Research and development195208220
Depreciation and amortization266286272
Operating income9,89911,24111,547
Interest expense1,1771,1241,149
Income before income taxes9,38913,65810,928
Income taxes2,4422,3942,798
Net income6,94711,2648,130
Earned per share, diluted ($)4.126.544.57
Dividends per share ($)4.164.003.84

CONSOLIDATED BALANCE SHEET

($ millions)12/31/2512/31/24
Cash and equivalents4,4743,127
Receivables, net263177
Inventories1,0701,080
Total current assets5,9324,513
Property, plant and equipment, net1,7101,617
Goodwill5,7876,945
Total assets35,01735,177
Total current liabilities9,1548,781
Long-term debt24,14023,399
Total liabilities38,46937,365
Stockholders' equity(3,502)(2,238)
Total liabilities and equity35,01735,177

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year endedRevenuesOper. incomeNet incomeNet margin %EPS diluted $Div. per share $Oper. cash flowCapital expend.Free cash flowTotal assetsTotal liabilitiesTotal debtStockholders' equityROE %Debt / equity
12/31/2523,2799,8996,94729.84.124.169,2902169,07435,01738,46925,709(3,502)-198.4-7.34
12/31/2424,01811,24111,26446.96.544.008,7531428,61135,17737,36524,926(2,238)-503.3-11.14
12/31/2324,48311,5478,13033.24.573.849,2871969,09138,57042,06026,233(3,540)-229.7-7.41
12/31/2225,09611,9195,76423.03.193.688,2562058,05136,95440,87726,680(3,973)-145.1-6.72
12/31/2126,01311,5602,4759.51.343.528,4051698,23639,52341,12928,044(1,606)-154.1-17.46
12/31/2026,15310,8734,46717.12.403.408,3852318,15447,41444,44929,4712,839157.310.38
12/31/1925,11010,326(1,293)-5.1(0.70)3.287,8372467,59149,27142,91428,0426,222-20.84.51
12/31/1825,3649,1156,96327.53.683.008,3912388,15355,45940,63125,74614,78747.11.74
12/31/1725,5769,59310,22240.05.312.544,9011994,70243,20227,78413,89415,37766.50.90
12/31/1625,7448,76114,23955.37.282.353,8261893,63745,93233,12113,88112,770111.51.09

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

ALTRIA GROUP, INC.
CIK 764180 · EIN 13-3260245

PRINCIPAL OFFICE:

6601 West Broad Street, Richmond, VA 23230
Tel.: (804) 274-2200

INCORPORATED:

Virginia

INDUSTRY (SEC SIC CODE):

2111 · Cigarettes

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 25 February 2026

FORMER NAMES:

ALTRIA GROUP INC; PHILIP MORRIS COMPANIES INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

10/9/268-Kperiod 10/7/26
8/28/268-Kperiod 8/27/26
7/30/2610-Qperiod 6/30/26
7/30/268-Kperiod 7/30/26
5/27/2610-K/Aperiod 12/31/25
5/18/268-Kperiod 5/13/26
4/30/2610-Qperiod 3/31/26
4/30/268-Kperiod 4/30/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/25/26) · 10-K FY2024 (filed 2/26/25) · 10-K FY2023 (filed 2/27/24) · 10-K FY2022 (filed 2/27/23) · 10-K FY2021 (filed 2/25/22) · 10-K FY2020 (filed 2/26/21) · 10-K FY2019 (filed 2/25/20) · 10-K FY2018 (filed 2/26/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.

Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.

Data from SEC filings  ·  Educational only  ·  Not investment advice