MO Q2 2024 Earnings — Altria Group, Inc. Revenue & Financial Results | Market Cap Arena

MOAltria Group, Inc.

$112B

Q2 2024 Earnings

Consumer Defensive Tobacco

Income Statement

Revenue

$5.3B-3.0% YoY

Gross Profit

$3.7B69.6% margin

Operating Income

$2.5B48.0% margin

Net Income

$3.8B72.1% margin

EPS (Diluted)

$2.21

QoQ Revenue Growth

+11.9%

Cash Flow

Operating Cash Flow

-$75M

Free Cash Flow

-$104M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$34.4B

Total Liabilities

$37.4B

Stockholders' Equity

-$3.0B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.3B	$5.4B	-3.0%
Gross Profit	$3.7B	$3.8B	-2.2%
Operating Income	$2.5B	$2.9B	-12.8%
Net Income	$3.8B	$2.1B	+79.6%

Revenue Segments

Smokeable Products

$5.5B89%

Smokeless Products

$711M11%

Other Segments

$3M0%