MO Q1 2024 Earnings — Altria Group, Inc. Revenue & Financial Results | Market Cap Arena

MOAltria Group, Inc.

$112B

Q1 2024 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$4.7B-1.0% YoY

Gross Profit

$3.3B69.5% margin

Operating Income

$2.7B56.7% margin

Net Income

$2.1B45.1% margin

EPS (Diluted)

$1.21

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

$2.9B

Free Cash Flow

$2.8B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$36.5B

Total Liabilities

$41.5B

Stockholders' Equity

-$5.1B

Cash & Equivalents

$3.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$4.8B	-1.0%
Gross Profit	$3.3B	$3.3B	-1.5%
Operating Income	$2.7B	$2.8B	-3.0%
Net Income	$2.1B	$1.8B	+19.1%

Revenue Segments

Smokeable Products

$4.9B88%

Smokeless Products

$651M12%

Other Segments

$19M0%