What is the current annual operating margin of MO?

As of today, MO annual operating margin is 74.92%

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

MO annual operating margin is up +0.82% year-over-year

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

MO annual operating margin is up +28.66% over the past 3 years

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

MO annual operating margin is currently -42.13% below its historical high of 129.47% set on December 31, 2002

How does MO annual operating margin rank versus sector peers?

MO annual operating margin is higher than 100.00% 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

What is the current quarterly operating margin of MO?

As of today, MO quarterly operating margin is 76.36%

What is MO quarterly operating margin most recent change?

MO quarterly operating margin was up +5.47% on March 31, 2026

What is 1-year change in MO quarterly operating margin?

MO quarterly operating margin is up +27.76% year-over-year

How far is MO quarterly operating margin from its all-time high?

MO quarterly operating margin is currently at its all-time high

How does MO quarterly operating margin rank versus sector peers?

MO quarterly operating margin is higher than 99.55% of companies in Consumer Defensive sector

When is MO next earnings release?

The next earnings release for MO is on July 30, 2026

MO Operating Margin History & Chart Since 1980

Annual Operating Margin

74.92%0.61%+0.82%

December 31, 2025

Summary

Current Value: As of today, MO annual operating margin is 74.92%, up +0.82% on December 31, 2025
Historical Performance: MO annual operating margin is up +28.66% over the past 3 years, up +41.97% over the past 5 years
All-Time High Comparison: MO annual operating margin is currently -42.13% below its historical high of 129.47% set on December 31, 2002
3-Year Low Comparison: MO annual operating margin is +28.66% above its 3-year low of 58.23% reached on an earlier date
Sector Comparison: MO annual operating margin is higher than 100.00% of companies in Consumer Defensive sector

Operating Margin Chart

Performance

MO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	74.92%	+0.8%	+28.7%	+42.0%	+98.3%
Quarterly Operating Margin	Mar 31, 26	76.36%	+27.8%	+26.8%	+36.8%	+95.0%
Price	May 20, 26	$73.85	+23.3%	+63.0%	+47.6%	+166.2%
PE Ratio	May 20, 26	15.44	+53.9%	+6.1%	-28.1%	+7.5%
Annual Revenue	Dec 31, 25	$20.12B	-1.6%	-2.8%	-3.5%	+19.1%
Annual Operating Profit	Dec 31, 25	$15.06B	+28.4%	+25.0%	+37.0%	+136.1%
Annual Gross Margin	Dec 31, 25	86.59%	+23.2%	+25.8%	+38.0%	+57.9%
Annual Net Margin	Dec 31, 25	34.40%	-37.4%	+23.7%	+61.3%	+49.3%

Operating Margin Highs

MO Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	74.92%	Dec 31, 25	at high
5Y	74.92%	Dec 31, 25	at high
All	129.47%	Dec 31, 02	-42.1%

Operating Margin Lows

MO Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	58.23%	N/A	+28.7%
5Y	52.77%	N/A	+42.0%
All	14.99%	Dec 31, 93	+399.8%

Operating Margin History

Year	Value	Change
2025	74.92%	+0.8%
2024	74.31%	+27.2%
2023	58.42%	+0.3%
2022	58.23%	+4.8%
2021	55.58%	+5.3%
2020	52.77%	-1.1%
2019	53.34%	+10.6%
2018	48.23%	-3.4%
2017	49.95%	+6.7%
2016	46.82%	+4.0%
2015	45.04%	+5.5%
2014	42.69%	-7.1%
2013	45.94%	+11.5%
2012	41.21%	+2.7%
2011	40.12%	+6.2%
2010	37.78%	+2.9%
2009	36.71%	+17.2%
2008	31.31%	-12.9%
2007	35.93%	+40.4%
2006	25.59%	+0.7%
2005	25.42%	-0.4%
2004	25.52%	-25.0%
2003	34.01%	-73.7%

Year	Value	Change
2002	129.47%	+325.3%
2001	30.44%	+32.8%
2000	22.92%	+0.5%
1999	22.81%	-1.3%
1998	23.11%	-1.2%
1997	23.38%	+8.4%
1996	21.57%	+8.9%
1995	19.81%	+12.7%
1994	17.57%	+17.2%
1993	14.99%	-25.3%
1992	20.08%	+11.9%
1991	17.94%	+0.1%
1990	17.93%	+3.0%
1989	17.40%	+2.4%
1988	17.00%	-6.8%
1987	18.25%	+4.2%
1986	17.52%	-17.9%
1985	21.33%	+0.4%
1984	21.25%	+15.2%
1983	18.45%	+1.8%
1982	18.13%	+9.0%
1981	16.64%	+2.8%
1980	16.18%	-

FAQ

What is the current annual operating margin of MO?
As of today, MO annual operating margin is 74.92%
What is 1-year change in MO annual operating margin?
MO annual operating margin is up +0.82% year-over-year
What is 3-year change in MO annual operating margin?
MO annual operating margin is up +28.66% over the past 3 years
How far is MO annual operating margin from its all-time high?
MO annual operating margin is currently -42.13% below its historical high of 129.47% set on December 31, 2002
How does MO annual operating margin rank versus sector peers?
MO annual operating margin is higher than 100.00% 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

Quarterly Operating Margin

76.36%3.96%+5.47%

March 31, 2026

Summary

Current Value: As of today, MO quarterly operating margin is 76.36%, up +5.47% on March 31, 2026
Historical Performance: MO quarterly operating margin is up +27.76% year-over-year, up +26.82% over the past 3 years
All-Time High Comparison: MO quarterly operating margin is currently at its all-time high
3-Year Low Comparison: MO quarterly operating margin is +37.49% above its 3-year low of 55.54% reached on June 30, 2024
Sector Comparison: MO quarterly operating margin is higher than 99.55% of companies in Consumer Defensive sector

Performance

MO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Mar 31, 26	76.36%	+5.5%	+27.8%	+26.8%	+36.8%
Annual Operating Margin	Dec 31, 25	74.92%	–	+0.8%	+28.7%	+42.0%
Price	May 20, 26	$73.85	+9.3%	+23.3%	+63.0%	+47.6%
PE Ratio	May 20, 26	15.44	-5.9%	+53.9%	+6.1%	-28.1%
Quarterly Revenue	Mar 31, 26	$4.76B	-6.7%	+5.3%	-0.1%	-2.5%
Quarterly Operating Profit	Mar 31, 26	$3.63B	-1.6%	+34.5%	+26.7%	+33.3%
Quarterly Gross Margin	Mar 31, 26	87.24%	+1.5%	+21.3%	+24.8%	+30.1%
Quarterly Net Margin	Mar 31, 26	45.78%	+109.5%	+93.0%	+22.2%	+57.5%

Quarterly Operating Margin Highs

MO Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	76.36%	Mar 31, 26	at high
3Y	76.36%	Mar 31, 26	at high
5Y	76.36%	Mar 31, 26	at high
All	76.36%	Mar 31, 26	at high

Quarterly Operating Margin Lows

MO Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	59.77%	N/A	+27.8%
3Y	55.54%	Jun 30, 24	+37.5%
5Y	54.35%	Dec 31, 21	+40.5%
All	-835.73%	Dec 31, 86	+109.1%

Quarterly Operating Margin History

Month	Value	Change
Mar 2026	76.36%	+5.5%
Dec 2025	72.40%	+17.5%
Sep 2025	61.61%	+0.7%
Jun 2025	61.17%	+2.3%
Mar 2025	59.77%	+4.2%
Dec 2024	57.34%	-3.5%
Sep 2024	59.39%	+6.9%
Jun 2024	55.54%	-2.9%
Mar 2024	57.20%	-21.8%
Dec 2023	73.17%	+24.1%
Sep 2023	58.97%	+0.4%
Jun 2023	58.75%	-2.4%
Mar 2023	60.21%	+7.6%
Dec 2022	55.97%	-4.0%
Sep 2022	58.30%	-0.6%
Jun 2022	58.63%	-2.4%
Mar 2022	60.10%	+10.6%
Dec 2021	54.35%	-1.4%
Sep 2021	55.14%	-3.1%
Jun 2021	56.89%	+1.9%
Mar 2021	55.84%	+9.3%
Dec 2020	51.10%	-9.2%
Sep 2020	56.25%	-0.5%
Jun 2020	56.56%	+21.0%
Mar 2020	46.73%	-11.7%
Dec 2019	52.94%	-2.8%
Sep 2019	54.49%	+1.9%
Jun 2019	53.48%	+2.4%
Mar 2019	52.24%	+16.7%
Dec 2018	44.76%	-8.7%
Sep 2018	49.04%	-7.0%
Jun 2018	52.74%	+5.2%
Mar 2018	50.15%	+2.5%
Dec 2017	48.94%	-4.4%
Sep 2017	51.18%	+0.4%
Jun 2017	50.97%	+2.8%
Mar 2017	49.58%	+13.6%
Dec 2016	43.63%	-6.7%
Sep 2016	46.77%	-5.4%
Jun 2016	49.42%	+5.4%
Mar 2016	46.87%	+11.4%
Dec 2015	42.08%	-11.3%
Sep 2015	47.43%	+3.5%
Jun 2015	45.81%	+2.6%
Mar 2015	44.66%	+7.5%
Dec 2014	41.56%	-1.7%
Sep 2014	42.27%	-3.2%
Jun 2014	43.67%	+0.6%
Mar 2014	43.39%	+5.8%
Dec 2013	41.01%	-9.0%
Sep 2013	45.06%	+1.9%
Jun 2013	44.23%	-18.6%
Mar 2013	54.32%	+36.5%
Dec 2012	39.80%	-6.6%
Sep 2012	42.59%	+2.8%
Jun 2012	41.42%	+1.0%
Mar 2012	41.01%	+2.4%
Dec 2011	40.06%	-5.0%
Sep 2011	42.19%	+6.0%
Jun 2011	39.80%	+1.6%
Mar 2011	39.16%	+7.1%
Dec 2010	36.58%	-9.7%
Sep 2010	40.53%	+11.1%
Jun 2010	36.49%	-2.3%
Mar 2010	37.33%	+10.2%
Dec 2009	33.88%	-7.6%
Sep 2009	36.66%	-4.9%
Jun 2009	38.55%	+2.6%
Mar 2009	37.59%	+22.7%
Dec 2008	30.63%	-2.4%
Sep 2008	31.38%	-4.8%
Jun 2008	32.97%	+9.8%
Mar 2008	30.02%	-11.6%
Dec 2007	33.95%	-9.2%
Sep 2007	37.39%	+2.9%
Jun 2007	36.34%	+1.2%
Mar 2007	35.90%	+55.7%

Month	Value	Change
Dec 2006	23.05%	-36.6%
Sep 2006	36.38%	+35.2%
Jun 2006	26.91%	-25.2%
Mar 2006	35.97%	+61.2%
Dec 2005	22.32%	-16.3%
Sep 2005	26.67%	+1.1%
Jun 2005	26.38%	+2.2%
Mar 2005	25.82%	+11.9%
Dec 2004	23.08%	+24.0%
Sep 2004	18.62%	-29.3%
Jun 2004	26.35%	-52.5%
Mar 2004	55.48%	+76.7%
Dec 2003	31.39%	>+9,900.0%
Sep 2003	0.00%	-100.0%
Jun 2003	28.29%	+272.7%
Mar 2003	7.59%	-76.4%
Dec 2002	32.17%	-16.7%
Sep 2002	38.62%	+7.6%
Jun 2002	35.88%	+1.0%
Mar 2002	35.53%	+20.0%
Dec 2001	29.61%	-4.7%
Sep 2001	31.06%	+1.0%
Jun 2001	30.76%	+3.2%
Mar 2001	29.81%	+35.1%
Dec 2000	22.06%	+11.6%
Sep 2000	19.76%	+9.8%
Jun 2000	18.00%	+3.7%
Mar 2000	17.36%	-29.5%
Dec 1999	24.62%	+8.5%
Sep 1999	22.70%	+25.7%
Jun 1999	18.06%	+11.4%
Mar 1999	16.21%	-22.6%
Dec 1998	20.94%	-16.7%
Sep 1998	25.14%	+11.3%
Jun 1998	22.58%	-5.1%
Mar 1998	23.80%	+6.7%
Dec 1997	22.31%	-8.8%
Sep 1997	24.47%	+4.0%
Jun 1997	23.54%	+1.6%
Mar 1997	23.17%	+12.5%
Dec 1996	20.60%	-8.2%
Sep 1996	22.44%	+2.5%
Jun 1996	21.90%	+2.7%
Mar 1996	21.33%	+12.4%
Dec 1995	18.98%	-7.6%
Sep 1995	20.55%	+4.0%
Jun 1995	19.76%	-0.8%
Mar 1995	19.91%	+27.1%
Dec 1994	15.66%	-12.9%
Sep 1994	17.97%	-1.2%
Jun 1994	18.19%	-2.0%
Mar 1994	18.56%	-12.0%
Dec 1993	21.09%	+55.6%
Sep 1993	13.55%	+0.6%
Jun 1993	13.47%	-17.0%
Mar 1993	16.22%	+0.1%
Dec 1992	16.21%	-6.5%
Sep 1992	17.34%	-4.1%
Jun 1992	18.09%	+10.7%
Mar 1992	16.34%	+32.3%
Dec 1991	12.35%	-28.7%
Sep 1991	17.31%	+3.7%
Jun 1991	16.70%	+14.1%
Mar 1991	14.63%	+0.7%
Dec 1990	14.53%	-10.7%
Sep 1990	16.27%	+0.4%
Jun 1990	16.20%	+6.6%
Mar 1990	15.19%	-8.2%
Dec 1989	16.54%	+8.2%
Sep 1989	15.28%	+0.9%
Jun 1989	15.14%	+107.7%
Dec 1988	-197.81%	+15.9%
Dec 1987	-235.28%	+71.8%
Dec 1986	-835.73%	-53.2%
Dec 1985	-545.55%	-118.6%
Dec 1984	-249.53%	-

FAQ

What is the current quarterly operating margin of MO?
As of today, MO quarterly operating margin is 76.36%
What is MO quarterly operating margin most recent change?
MO quarterly operating margin was up +5.47% on March 31, 2026
What is 1-year change in MO quarterly operating margin?
MO quarterly operating margin is up +27.76% year-over-year
How far is MO quarterly operating margin from its all-time high?
MO quarterly operating margin is currently at its all-time high
How does MO quarterly operating margin rank versus sector peers?
MO quarterly operating margin is higher than 99.55% of companies in Consumer Defensive sector
When is MO next earnings release?
The next earnings release for MO is on July 30, 2026

Operating Margin Formula

Operating Profit Margin = Operating Profit

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