Altria Group
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and oral tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! bra… Read more
Altria Group (MO) - Net Assets
Latest net assets as of December 2025: $-3.45 Billion USD
Based on the latest financial reports, Altria Group (MO) has net assets worth $-3.45 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.02 Billion) and total liabilities ($38.47 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.45 Billion |
| % of Total Assets | -9.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -127.03% |
| Growth Volatility | 68.88 |
Altria Group - Net Assets Trend (1985–2025)
This chart illustrates how Altria Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Altria Group (1985–2025)
The table below shows the annual net assets of Altria Group from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-3.45 Billion | -57.77% |
| 2024-12-31 | $-2.19 Billion | +37.31% |
| 2023-12-31 | $-3.49 Billion | +11.04% |
| 2022-12-31 | $-3.92 Billion | -144.27% |
| 2021-12-31 | $-1.61 Billion | -154.91% |
| 2020-12-31 | $2.92 Billion | -53.71% |
| 2019-12-31 | $6.32 Billion | -57.27% |
| 2018-12-31 | $14.79 Billion | -3.84% |
| 2017-12-31 | $15.38 Billion | +20.41% |
| 2016-12-31 | $12.77 Billion | +344.59% |
| 2015-12-31 | $2.87 Billion | -4.55% |
| 2014-12-31 | $3.01 Billion | -26.91% |
| 2013-12-31 | $4.12 Billion | +29.91% |
| 2012-12-31 | $3.17 Billion | -14.67% |
| 2011-12-31 | $3.71 Billion | -28.93% |
| 2010-12-31 | $5.23 Billion | +28.36% |
| 2009-12-31 | $4.07 Billion | +43.99% |
| 2008-12-31 | $2.83 Billion | -84.76% |
| 2007-12-31 | $18.55 Billion | -57.00% |
| 2006-12-31 | $43.15 Billion | +8.28% |
| 2005-12-31 | $39.85 Billion | +12.32% |
| 2004-12-31 | $35.48 Billion | +18.91% |
| 2003-12-31 | $29.84 Billion | +25.13% |
| 2002-12-31 | $23.84 Billion | +0.89% |
| 2001-12-31 | $23.63 Billion | +57.50% |
| 2000-12-31 | $15.01 Billion | -1.96% |
| 1999-12-31 | $15.30 Billion | -5.51% |
| 1998-12-31 | $16.20 Billion | +8.56% |
| 1997-12-31 | $14.92 Billion | +4.94% |
| 1996-12-31 | $14.22 Billion | +1.67% |
| 1995-12-31 | $13.98 Billion | +9.38% |
| 1994-12-31 | $12.79 Billion | +9.97% |
| 1993-12-31 | $11.63 Billion | -7.45% |
| 1992-12-31 | $12.56 Billion | +0.41% |
| 1991-12-31 | $12.51 Billion | +4.73% |
| 1990-12-31 | $11.95 Billion | +24.82% |
| 1989-12-31 | $9.57 Billion | +24.64% |
| 1988-12-31 | $7.68 Billion | +12.55% |
| 1987-12-31 | $6.82 Billion | +20.65% |
| 1986-12-31 | $5.66 Billion | +19.38% |
| 1985-12-31 | $4.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altria Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 695.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $35.45 Billion | % |
| Common Stock | $935.00 Million | % |
| Other Comprehensive Income | $32.83 Billion | % |
| Total Equity | $-3.50 Billion | 100.00% |
Altria Group Competitors by Market Cap
The table below lists competitors of Altria Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BYD Company Limited
PINK:BYDDF
|
$112.14 Billion |
|
Parker-Hannifin Corporation
NYSE:PH
|
$112.37 Billion |
|
ServiceNow Inc
NYSE:NOW
|
$112.98 Billion |
|
Medtronic PLC
NYSE:MDT
|
$113.17 Billion |
|
Capital One Financial Corporation
NYSE:COF
|
$111.74 Billion |
|
Intuit Inc
NASDAQ:INTU
|
$111.19 Billion |
|
Applovin Corp
NASDAQ:APP
|
$111.19 Billion |
|
Starbucks Corporation
NASDAQ:SBUX
|
$110.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altria Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -2,238,000,000 to -3,502,000,000, a change of -1,264,000,000.
- Net income of 6,947,000,000 contributed positively to equity growth.
- Dividend payments of 6,960,000,000 reduced retained earnings.
- Share repurchases of 1,000,000,000 reduced equity.
- Other comprehensive income increased equity by 35,225,000,000.
- Other factors decreased equity by 35,476,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.95 Billion | +198.37% |
| Dividends Paid | $6.96 Billion | -198.74% |
| Share Repurchases | $1.00 Billion | -28.56% |
| Other Comprehensive Income | $35.23 Billion | +1005.85% |
| Other Changes | $-35.48 Billion | -1013.02% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Altria Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $1.66 | $66.97 | x |
| 1986-12-31 | $1.99 | $66.97 | x |
| 1987-12-31 | $2.41 | $66.97 | x |
| 1988-12-31 | $2.40 | $66.97 | x |
| 1989-12-31 | $3.41 | $66.97 | x |
| 1990-12-31 | $4.29 | $66.97 | x |
| 1991-12-31 | $4.46 | $66.97 | x |
| 1992-12-31 | $4.58 | $66.97 | x |
| 1993-12-31 | $4.41 | $66.97 | x |
| 1994-12-31 | $4.92 | $66.97 | x |
| 1995-12-31 | $5.52 | $66.97 | x |
| 1996-12-31 | $5.77 | $66.97 | x |
| 1997-12-31 | $6.11 | $66.97 | x |
| 1998-12-31 | $6.63 | $66.97 | x |
| 1999-12-31 | $6.36 | $66.97 | x |
| 2000-12-31 | $6.58 | $66.97 | x |
| 2001-12-31 | $8.88 | $66.97 | x |
| 2002-12-31 | $9.15 | $66.97 | x |
| 2003-12-31 | $12.30 | $66.97 | x |
| 2004-12-31 | $14.89 | $66.97 | x |
| 2005-12-31 | $17.08 | $66.97 | x |
| 2006-12-31 | $18.82 | $66.97 | x |
| 2007-12-31 | $8.77 | $66.97 | x |
| 2008-12-31 | $1.35 | $66.97 | x |
| 2009-12-31 | $1.96 | $66.97 | x |
| 2010-12-31 | $2.50 | $66.97 | x |
| 2011-12-31 | $1.78 | $66.97 | x |
| 2012-12-31 | $1.55 | $66.97 | x |
| 2013-12-31 | $2.05 | $66.97 | x |
| 2014-12-31 | $1.52 | $66.97 | x |
| 2015-12-31 | $1.46 | $66.97 | x |
| 2016-12-31 | $6.54 | $66.97 | x |
| 2017-12-31 | $8.00 | $66.97 | x |
| 2018-12-31 | $7.83 | $66.97 | x |
| 2019-12-31 | $3.33 | $66.97 | x |
| 2020-12-31 | $1.53 | $66.97 | x |
| 2021-12-31 | $-0.87 | $66.97 | x |
| 2022-12-31 | $-2.20 | $66.97 | x |
| 2023-12-31 | $-1.99 | $66.97 | x |
| 2024-12-31 | $-1.30 | $66.97 | x |
| 2025-12-31 | $-2.09 | $66.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altria Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.50%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (54.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 26.49% | 10.33% | 0.70x | 3.68x | $781.30 Million |
| 1986 | 26.14% | 7.15% | 1.17x | 3.12x | $912.50 Million |
| 1987 | 27.00% | 6.65% | 1.45x | 2.81x | $1.16 Billion |
| 1988 | 30.43% | 7.36% | 0.86x | 4.81x | $1.57 Billion |
| 1989 | 30.78% | 6.58% | 1.16x | 4.03x | $1.99 Billion |
| 1990 | 29.63% | 6.92% | 1.10x | 3.90x | $2.35 Billion |
| 1991 | 31.39% | 6.96% | 1.19x | 3.79x | $2.68 Billion |
| 1992 | 39.31% | 8.35% | 1.18x | 3.98x | $3.68 Billion |
| 1993 | 26.58% | 6.11% | 0.99x | 4.40x | $1.93 Billion |
| 1994 | 36.95% | 8.79% | 1.02x | 4.12x | $3.45 Billion |
| 1995 | 38.97% | 10.26% | 0.99x | 3.85x | $4.05 Billion |
| 1996 | 44.33% | 11.55% | 0.99x | 3.86x | $4.88 Billion |
| 1997 | 42.29% | 11.24% | 1.00x | 3.75x | $4.82 Billion |
| 1998 | 33.17% | 9.29% | 0.96x | 3.70x | $3.75 Billion |
| 1999 | 50.15% | 12.43% | 1.01x | 4.01x | $6.14 Billion |
| 2000 | 56.71% | 13.45% | 0.80x | 5.27x | $7.01 Billion |
| 2001 | 43.63% | 11.74% | 0.86x | 4.33x | $6.60 Billion |
| 2002 | 57.00% | 17.85% | 0.71x | 4.49x | $9.15 Billion |
| 2003 | 36.70% | 15.16% | 0.63x | 3.84x | $6.70 Billion |
| 2004 | 30.66% | 14.72% | 0.63x | 3.31x | $6.34 Billion |
| 2005 | 29.22% | 15.14% | 0.64x | 3.02x | $6.86 Billion |
| 2006 | 30.34% | 17.10% | 0.67x | 2.63x | $8.06 Billion |
| 2007 | 52.74% | 25.72% | 0.67x | 3.08x | $7.93 Billion |
| 2008 | 174.33% | 30.90% | 0.59x | 9.62x | $4.65 Billion |
| 2009 | 78.79% | 19.06% | 0.46x | 9.01x | $2.80 Billion |
| 2010 | 75.21% | 23.12% | 0.45x | 7.20x | $3.39 Billion |
| 2011 | 92.12% | 20.40% | 0.45x | 10.04x | $3.02 Billion |
| 2012 | 133.25% | 23.89% | 0.50x | 11.26x | $3.87 Billion |
| 2013 | 110.13% | 25.68% | 0.51x | 8.47x | $4.12 Billion |
| 2014 | 168.44% | 28.25% | 0.52x | 11.45x | $4.77 Billion |
| 2015 | 182.42% | 27.80% | 0.58x | 11.32x | $4.95 Billion |
| 2016 | 111.50% | 73.64% | 0.42x | 3.60x | $12.96 Billion |
| 2017 | 66.48% | 52.44% | 0.45x | 2.81x | $8.68 Billion |
| 2018 | 47.09% | 27.45% | 0.46x | 3.76x | $5.48 Billion |
| 2019 | -20.78% | -5.15% | 0.51x | 7.92x | $-1.92 Billion |
| 2020 | 157.34% | 17.08% | 0.55x | 16.70x | $4.18 Billion |
| 2021 | 0.00% | 9.51% | 0.66x | 0.00x | $2.64 Billion |
| 2022 | 0.00% | 22.97% | 0.68x | 0.00x | $6.16 Billion |
| 2023 | 0.00% | 33.21% | 0.63x | 0.00x | $8.48 Billion |
| 2024 | 0.00% | 55.10% | 0.58x | 0.00x | $11.49 Billion |
| 2025 | 0.00% | 34.50% | 0.58x | 0.00x | $7.30 Billion |
Industry Comparison
This section compares Altria Group's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $2,462,665,124,426
- Average return on equity (ROE) among peers: 12.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altria Group (MO) | $-3.45 Billion | 26.49% | N/A | $112.08 Billion |
| American Cannabis Company Inc (AMMJ) | $2.00 Million | -35.50% | 0.52x | $92.90K |
| British American Tobacco p.l.c. (BTI) | $75.71 Billion | 8.80% | 1.03x | $123.65 Billion |
| 1606 Corp. (CBDW) | $-595.05K | 0.00% | 0.00x | $850.32K |
| Charlie's Holdings Inc. (CHUC) | $-1.78 Million | 0.00% | 0.00x | $6.72 Million |
| Cartel Blue Inc (CRTL) | $877.30K | -2.10% | 0.04x | $194.76 |
| Eco-Growth Strategies Inc (ECGS) | $-8.24 Million | 0.00% | 0.00x | $1.13K |
| PT Gudang Garam Tbk (GDNGY) | $24.55 Trillion | 20.20% | 0.59x | $1.07 Billion |
| Globrands Ltd (GLBGF) | $55.62 Million | 130.79% | 3.84x | $53.17 Million |
| Greenlane Holdings Inc (GNLN) | $-11.06 Million | 0.00% | 0.00x | $946.10K |
| Gold Flora Corp (GRAMW) | $-23.58 Million | 0.00% | 0.00x | $287.49K |