What is the current annual net margin of MO?

As of today, MO annual net margin is 34.40%

What is 1-year change in MO annual net margin?

MO annual net margin is down -37.41% year-over-year

What is 3-year change in MO annual net margin?

MO annual net margin is up +23.74% over the past 3 years

How far is MO annual net margin from its all-time high?

MO annual net margin is currently -53.22% below its historical high of 73.54% set on December 31, 2016

How does MO annual net margin rank versus sector peers?

MO annual net margin is higher than 99.19% of companies in Consumer Defensive sector

When is MO next annual earnings release?

As of today, the next annual earnings release for MO has not been scheduled

When is MO next earnings release?

As of today, the next earnings release for MO has not been scheduled

MO Net Margin History & Chart Since 1980

Annual Net Margin

34.40%20.56%-37.41%

December 31, 2025

Summary

Current Value: As of today, MO annual net margin is 34.40%, down -37.41% on December 31, 2025
Historical Performance: MO annual net margin is up +23.74% over the past 3 years, up +61.28% over the past 5 years
All-Time High Comparison: MO annual net margin is currently -53.22% below its historical high of 73.54% set on December 31, 2016
3-Year Low Comparison: MO annual net margin is +23.74% above its 3-year low of 27.80% reached on an earlier date
Sector Comparison: MO annual net margin is higher than 99.19% of companies in Consumer Defensive sector

Net Margin Chart

beforeafter

Performance

MO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	34.40%	-37.4%	+23.7%	+61.3%	+49.3%
Quarterly Net Margin	Sep 30, 26	-	–	–	–	–
Price	Oct 30, 26	$78.03	+36.6%	+93.9%	+76.9%	+183.1%
PE Ratio	Oct 30, 26	16.09	+47.6%	+96.0%	-46.0%	-2.5%
Annual Revenue	Dec 31, 25	$20.12B	-1.6%	-2.8%	-3.5%	+19.1%
Annual Net Income	Dec 31, 25	$6.93B	-38.4%	+20.4%	+55.8%	+78.0%
Annual Gross Margin	Dec 31, 25	86.59%	+23.2%	+25.8%	+38.0%	+57.9%
Annual Operating Margin	Dec 31, 25	74.92%	+0.8%	+28.7%	+42.0%	+98.3%

Net Margin Highs

MO Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	54.96%	Dec 31, 24	-37.4%
5Y	54.96%	Dec 31, 24	-37.4%
All	73.54%	Dec 31, 16	-53.2%

Net Margin Lows

MO Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	27.80%	N/A	+23.7%
5Y	11.67%	Dec 31, 21	+194.8%
All	-6.59%	Dec 31, 19	+622.0%

Net Margin History

Year	Value	Change
2025	34.40%	-37.4%
2024	54.96%	+38.9%
2023	39.57%	+42.3%
2022	27.80%	+138.2%
2021	11.67%	-45.3%
2020	21.33%	+423.7%
2019	-6.59%	-118.6%
2018	35.46%	-32.3%
2017	52.39%	-28.8%
2016	73.54%	+164.9%
2015	27.76%	-1.5%
2014	28.19%	+10.1%
2013	25.61%	+7.5%
2012	23.82%	+20.5%
2011	19.76%	-14.2%
2010	23.04%	+21.3%
2009	19.00%	-1.9%
2008	19.36%	-19.6%
2007	24.08%	+40.8%
2006	17.10%	+10.5%
2005	15.48%	+4.6%
2004	14.80%	-6.3%
2003	15.80%	-15.8%

Year	Value	Change
2002	18.77%	+54.2%
2001	12.17%	-9.5%
2000	13.45%	+8.2%
1999	12.43%	+33.8%
1998	9.29%	-17.4%
1997	11.25%	-2.6%
1996	11.55%	+12.0%
1995	10.31%	+17.3%
1994	8.79%	+24.7%
1993	7.05%	-28.5%
1992	9.86%	+20.7%
1991	8.17%	+2.3%
1990	7.99%	+5.8%
1989	7.55%	-5.4%
1988	7.98%	-3.5%
1987	8.27%	+15.7%
1986	7.15%	-30.8%
1985	10.33%	+17.9%
1984	8.76%	-8.3%
1983	9.55%	+11.2%
1982	8.59%	+5.5%
1981	8.14%	+3.4%
1980	7.87%	-

FAQ

What is the current annual net margin of MO?: As of today, MO annual net margin is 34.40%
What is 1-year change in MO annual net margin?: MO annual net margin is down -37.41% year-over-year
What is 3-year change in MO annual net margin?: MO annual net margin is up +23.74% over the past 3 years
How far is MO annual net margin from its all-time high?: MO annual net margin is currently -53.22% below its historical high of 73.54% set on December 31, 2016
How does MO annual net margin rank versus sector peers?: MO annual net margin is higher than 99.19% of companies in Consumer Defensive sector
When is MO next annual earnings release?: As of today, the next annual earnings release for MO has not been scheduled

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

N/A

September 30, 2026

Performance

MO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	-	–	–	–	–
Annual Net Margin	Dec 31, 25	34.40%	–	-37.4%	+23.7%	+61.3%
Price	Oct 30, 26	$78.03	+14.8%	+36.6%	+93.9%	+76.9%
PE Ratio	Oct 30, 26	16.09	+12.4%	+47.6%	+96.0%	-46.0%
Quarterly Revenue	Sep 30, 26	$5.44B	+1.6%	+3.6%	+3.1%	-1.6%
Quarterly Net Income	Sep 30, 26	$2.52B	+9.9%	+6.3%	+16.5%	+192.5%
Quarterly Gross Margin	Sep 30, 26	72.43%	-16.4%	-0.2%	+3.3%	+9.1%
Quarterly Operating Margin	Sep 30, 26	60.94%	-20.2%	-1.1%	+3.3%	+10.5%

Quarterly Net Margin Highs

MO Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	45.78%	Mar 31, 26	N/A
3Y	71.90%	Jun 30, 24	N/A
5Y	71.90%	Jun 30, 24	N/A
All	71.90%	Jun 30, 24	N/A

Quarterly Net Margin Lows

MO Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	21.85%	Dec 31, 25	N/A
3Y	21.85%	Dec 31, 25	N/A
5Y	-49.21%	N/A	N/A
All	-49.21%	Sep 30, 21	N/A

Quarterly Net Margin History

Month	Value	Change
Jun 2026	42.79%	-6.5%
Mar 2026	45.78%	+109.5%
Dec 2025	21.85%	-51.6%
Sep 2025	45.12%	+0.7%
Jun 2025	44.82%	+89.0%
Mar 2025	23.72%	-60.0%
Dec 2024	59.36%	+38.7%
Sep 2024	42.80%	-40.5%
Jun 2024	71.90%	+59.7%
Mar 2024	45.03%	+10.1%
Dec 2023	40.90%	-0.1%
Sep 2023	40.95%	+5.4%
Jun 2023	38.86%	+3.7%
Mar 2023	37.46%	-29.1%
Dec 2022	52.84%	+1,195.1%
Sep 2022	4.08%	-75.3%
Jun 2022	16.54%	-59.2%
Mar 2022	40.57%	+27.3%
Dec 2021	31.87%	+164.8%
Sep 2021	-49.21%	-228.7%
Jun 2021	38.24%	+31.6%
Mar 2021	29.06%	-23.5%
Dec 2020	37.98%	+325.4%
Sep 2020	-16.85%	-144.1%
Jun 2020	38.23%	+24.6%
Mar 2020	30.68%	+181.1%
Dec 2019	-37.82%	+21.4%
Sep 2019	-48.10%	-225.2%
Jun 2019	38.42%	+50.7%
Mar 2019	25.50%	-2.4%
Dec 2018	26.12%	-28.8%
Sep 2018	36.70%	-4.5%
Jun 2018	38.41%	-5.3%
Mar 2018	40.54%	+11.4%
Sep 2017	36.40%	-7.2%
Jun 2017	39.21%	+28.5%
Mar 2017	30.51%	+44.9%
Sep 2016	21.05%	-37.8%
Jun 2016	33.83%	+26.0%
Mar 2016	26.84%	+1.7%
Dec 2015	26.39%	-13.8%
Sep 2015	30.63%	+3.3%
Jun 2015	29.66%	+24.7%
Mar 2015	23.78%	-11.0%
Dec 2014	26.73%	-8.9%
Sep 2014	29.33%	+6.5%
Jun 2014	27.54%	-5.8%
Mar 2014	29.24%	+163.9%
Dec 2013	11.08%	-62.1%
Sep 2013	29.24%	+4.8%
Jun 2013	27.91%	-19.7%
Mar 2013	34.76%	+40.7%
Dec 2012	24.71%	+68.4%
Sep 2012	14.67%	-44.9%
Jun 2012	26.64%	+9.7%
Mar 2012	24.29%	+26.6%
Dec 2011	19.19%	-29.0%
Sep 2011	27.01%	+173.9%
Jun 2011	9.86%	-58.4%
Mar 2011	23.69%	+6.9%
Dec 2010	22.16%	-12.2%
Sep 2010	25.24%	+5.5%
Jun 2010	23.93%	+16.7%
Mar 2010	20.50%	+16.1%
Dec 2009	17.66%	-13.3%
Sep 2009	20.36%	-7.1%
Jun 2009	21.92%	+42.3%
Mar 2009	15.40%	-13.0%
Dec 2008	17.71%	-11.3%
Sep 2008	19.97%	-10.2%
Jun 2008	22.25%	+30.6%
Mar 2008	17.04%	-27.9%
Dec 2007	23.65%	-10.5%
Sep 2007	26.43%	+16.9%
Jun 2007	22.61%	-3.8%
Mar 2007	23.51%	+42.9%
Dec 2006	16.45%	-30.1%
Sep 2006	23.52%	+55.0%
Jun 2006	15.17%	-49.3%
Mar 2006	29.90%	+132.9%
Dec 2005	12.84%	-22.9%
Sep 2005	16.66%	-0.9%
Jun 2005	16.81%	+7.1%
Mar 2005	15.70%	+26.2%

Month	Value	Change
Dec 2004	12.44%	+9.8%
Sep 2004	11.33%	-29.8%
Jun 2004	16.13%	+56.9%
Mar 2004	10.28%	-27.0%
Dec 2003	14.09%	-16.1%
Sep 2003	16.79%	+2.1%
Jun 2003	16.44%	+2.6%
Mar 2003	16.02%	+20.9%
Dec 2002	13.25%	-54.8%
Sep 2002	29.34%	+74.0%
Jun 2002	16.86%	+7.5%
Mar 2002	15.68%	+23.6%
Dec 2001	12.69%	-5.8%
Sep 2001	13.47%	+8.9%
Jun 2001	12.37%	+24.6%
Mar 2001	9.93%	-23.4%
Dec 2000	12.97%	+12.2%
Sep 2000	11.56%	+10.9%
Jun 2000	10.42%	+3.9%
Mar 2000	10.03%	-16.0%
Dec 1999	11.94%	-7.6%
Sep 1999	12.92%	+26.0%
Jun 1999	10.25%	+11.8%
Mar 1999	9.17%	+385.2%
Dec 1998	1.89%	-86.3%
Sep 1998	13.78%	+17.4%
Jun 1998	11.74%	+20.3%
Mar 1998	9.76%	+3.5%
Dec 1997	9.43%	-6.2%
Sep 1997	10.05%	-21.8%
Jun 1997	12.85%	+2.1%
Mar 1997	12.58%	+14.4%
Dec 1996	11.00%	-8.6%
Sep 1996	12.03%	+2.1%
Jun 1996	11.78%	+3.3%
Mar 1996	11.40%	+14.2%
Dec 1995	9.98%	-7.2%
Sep 1995	10.75%	+5.0%
Jun 1995	10.24%	-0.1%
Mar 1995	10.25%	+29.9%
Dec 1994	7.89%	-12.3%
Sep 1994	9.00%	-1.1%
Jun 1994	9.10%	-1.1%
Mar 1994	9.20%	+369.8%
Dec 1993	-3.41%	-153.4%
Sep 1993	6.38%	-4.3%
Jun 1993	6.67%	-16.8%
Mar 1993	8.02%	0.0%
Dec 1992	8.02%	-6.7%
Sep 1992	8.60%	-3.7%
Jun 1992	8.93%	+14.2%
Mar 1992	7.82%	+52.7%
Dec 1991	5.12%	-37.6%
Sep 1991	8.21%	+5.1%
Jun 1991	7.81%	+18.0%
Mar 1991	6.62%	+6.9%
Dec 1990	6.19%	-15.3%
Sep 1990	7.31%	-1.7%
Jun 1990	7.44%	+9.3%
Mar 1990	6.81%	-12.0%
Dec 1989	7.74%	+16.4%
Sep 1989	6.65%	+3.4%
Jun 1989	6.43%	+17.3%
Mar 1989	5.48%	-12.0%
Dec 1988	6.23%	-26.4%
Sep 1988	8.47%	+5.6%
Jun 1988	8.02%	+15.6%
Mar 1988	6.94%	+2.5%
Dec 1987	6.77%	-6.1%
Sep 1987	7.21%	+7.8%
Jun 1987	6.69%	+13.6%
Mar 1987	5.89%	-71.0%
Dec 1986	20.33%	+214.2%
Sep 1986	6.47%	+12.1%
Jun 1986	5.77%	+8.3%
Mar 1986	5.33%	-72.1%
Dec 1985	19.11%	+76.3%
Sep 1985	10.84%	+25.3%
Jun 1985	8.65%	+11.9%
Mar 1985	7.73%	+75.3%
Dec 1984	4.41%	-62.3%
Sep 1984	11.71%	+22.4%
Jun 1984	9.57%	+8.8%
Mar 1984	8.80%	-

FAQ

When is MO next earnings release?: As of today, the next earnings release for MO has not been scheduled

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

MO Official Website www.altria.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/764180/000076418026000007/0000764180-26-000007-index.htm
MO Profile on Yahoo Finance finance.yahoo.com/quote/MO
MO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mo