MO Q2 2023 Earnings — Altria Group, Inc. Revenue & Financial Results | Market Cap Arena

MOAltria Group, Inc.

$112B

Q2 2023 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$5.4B+1.2% YoY

Gross Profit

$3.8B69.1% margin

Operating Income

$2.9B53.4% margin

Net Income

$2.1B38.9% margin

EPS (Diluted)

$1.19

QoQ Revenue Growth

+14.2%

Cash Flow

Operating Cash Flow

$124M

Free Cash Flow

$76M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$37.2B

Total Liabilities

$40.9B

Stockholders' Equity

-$3.8B

Cash & Equivalents

$874M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$5.4B	+1.2%
Gross Profit	$3.8B	$3.7B	+2.5%
Operating Income	$2.9B	$3.1B	-6.4%
Net Income	$2.1B	$891M	+137.6%

Revenue Segments

Smokeable Products

$5.8B89%

Smokeless Products

$680M10%

Other Segments

$8M0%