ALTRIA GROUP, INC.

MO · XNYS

CIK 764180fmd_0QTYP9BXYX4M11XQE9A2DVCKTZManufacturing · CigarettesTemplate: Standard

Coverage: Jan 01, 2007 to Sep 30, 2026, 76 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	25,744	25,576	25,364	25,110	26,153	26,013	25,096	24,483	24,018	23,279
Cost of revenue	7,765	7,531	7,373	7,085	7,818	7,119	6,442	6,218	6,077	5,597
Net interest income	(747)	(705)	(665)	(1,280)	(1,209)	(1,162)	(1,058)	(989)	–	–
Gross profit	11,572	11,963	12,254	12,711	13,023	13,992	14,246	14,284	14,367	14,542
Provision for credit losses	–	–	–	–	–	–	–	–	–	–
Net interest income after provision	–	–	–	–	–	–	–	–	–	–
Research and development	203	241	252	168	131	145	162	220	208	195
Operating income	8,761	9,593	9,115	10,326	10,873	11,560	11,919	11,547	11,241	9,899
Interest expense	754	736	697	1,322	1,223	1,188	1,128	1,149	1,124	1,177
Other non-operating income (expense)	–	–	–	–	–	–	–	–	–	–
Income before taxes	21,852	9,828	9,341	766	6,890	3,824	7,389	10,928	13,658	9,389
Income tax expense	7,608	(399)	2,374	2,064	2,436	1,349	1,625	2,798	2,394	2,442
Net income from continuing operations	14,244	10,227	6,967	(1,298)	4,454	2,475	5,764	8,130	11,264	6,947
Net income	14,239	10,222	6,963	(1,293)	4,467	2,475	5,764	8,130	11,264	6,947
Net income to common shareholders	–	–	–	(1,300)	4,459	2,464	5,751	8,113	11,236	6,927