Altria Group, Inc. (MO) quarterly balance sheet — complete assets, liabilities & equity history
Altria Group, Inc. (MO) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 3.43B | 4.68B | 5.54B | 5.12B | 2.63B | 6.08B | 4.51B | 3.5B | 3.54B | 5.2B | 5.58B | 3.39B | 4.34B | 7.15B | 7.22B | 4.02B | 4.09B | 6.76B | 6.08B | 6.02B |
| Cash & Short-Term Investments | 2.37B | 3.53B | 4.47B | 3.47B | 1.29B | 4.73B | 3.13B | 1.9B | 1.8B | 3.61B | 3.69B | 1.54B | 874M | 3.91B | 4.03B | 2.48B | 2.57B | 5.35B | 4.54B | 2.96B |
| Cash Only | 2.37B | 3.53B | 4.47B | 3.47B | 1.29B | 4.73B | 3.13B | 1.9B | 1.8B | 3.61B | 3.69B | 1.54B | 874M | 3.91B | 4.03B | 2.48B | 2.57B | 5.35B | 4.54B | 2.96B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 306M | 284M | 263M | 249M | 241M | 258M | 270M | 291M | 388M | 250M | 567M | 57M | 1.83B | 1.8B | 1.87B | 52M | 43M | 46M | 47M | 36M |
| Days Sales Outstanding | 4.39 | 4.53 | 4.64 | 4.29 | 4.29 | 5.26 | 5.05 | 5.84 | 5.5 | 7.88 | 5.71 | 16.49 | 30.45 | 34.73 | 17.41 | 0.81 | 0.75 | 0.87 | 0.75 | 1.4 |
| Inventory | 1.06B | 1.15B | 1.07B | 1.06B | 1.02B | 1.06B | 1.08B | 1.1B | 1.17B | 1.24B | 1.22B | 1.17B | 1.19B | 1.25B | 1.18B | 1.11B | 1.14B | 1.21B | 1.19B | 1.13B |
| Days Inventory Outstanding | 65.35 | 51.88 | 67.82 | 66.52 | 65.66 | 75.9 | 66.79 | 68.13 | 68.59 | 77.76 | 72.06 | 68.94 | 66.13 | 76.32 | 66.85 | 60.35 | 62.82 | 74.94 | 60.44 | 72.47 |
| Other Current Assets | -306M | -284M | -263M | 333M | 88M | 34M | 36M | 210M | 179M | 99M | 117M | 622M | 438M | 183M | 138M | 379M | 332M | 149M | 298M | 1.89B |
| Total Non-Current Assets | 28.29B | 28.34B | 27.99B | 29.89B | 29.7B | 29.68B | 30.66B | 30.67B | 30.85B | 31.28B | 32.98B | 33.08B | 32.81B | 29.67B | 29.73B | 29.93B | 32.66B | 33.47B | 33.44B | 33.54B |
| Property, Plant & Equipment | 1.76B | 1.73B | 1.71B | 1.62B | 1.61B | 1.61B | 1.62B | 1.62B | 1.62B | 1.62B | 1.65B | 1.63B | 1.63B | 1.59B | 1.61B | 1.59B | 1.56B | 1.55B | 1.55B | 1.52B |
| Fixed Asset Turnover | 3.51x | 3.16x | 3.05x | 3.25x | 3.29x | 2.80x | 3.16x | 3.30x | 3.25x | 2.88x | 3.06x | 3.24x | 3.38x | 2.98x | 3.18x | 3.44x | 3.46x | 3.11x | 3.31x | 3.21x |
| Goodwill | 5.79B | 5.79B | 5.79B | 6.07B | 6.07B | 6.07B | 6.95B | 6.95B | 6.95B | 6.95B | 6.79B | 6.79B | 6.79B | 5.18B | 5.18B | 5.18B | 5.18B | 5.18B | 5.18B | 5.18B |
| Intangible Assets | 11.85B | 11.87B | 11.88B | 12.87B | 12.9B | 12.94B | 12.97B | 13.01B | 13.05B | 13.44B | 13.69B | 13.73B | 13.75B | 12.37B | 12.38B | 12.35B | 12.37B | 12.29B | 12.31B | 12.33B |
| Long-Term Investments | 8.9B | 8.95B | 8.62B | 8.38B | 8.14B | 8.11B | 8.2B | 8.15B | 8.34B | 8.4B | 10.01B | 9.91B | 9.64B | 9.56B | 9.6B | 9.81B | 12.59B | 13.48B | 13.48B | 13.87B |
| Other Non-Current Assets | 0 | 0 | 0 | 949M | 975M | 959M | 934M | 942M | -2.38B | -1.83B | 845M | -1.5B | -1.64B | -1.76B | 965M | -2.33B | -2.93B | -2.79B | 923M | -2.91B |
| Total Assets | 33.37B | 34.58B | 35.02B | 35.01B | 32.33B | 35.76B | 35.18B | 34.17B | 34.39B | 36.48B | 38.57B | 36.47B | 37.15B | 36.83B | 36.95B | 33.95B | 36.75B | 40.23B | 39.52B | 39.56B |
| Asset Turnover | 0.18x | 0.16x | 0.15x | 0.16x | 0.16x | 0.13x | 0.15x | 0.16x | 0.15x | 0.13x | 0.13x | 0.14x | 0.15x | 0.13x | 0.14x | 0.15x | 0.14x | 0.12x | 0.13x | 0.13x |
| Asset Growth % | 3.22% | -3.29% | -0.45% | 2.46% | -5.98% | -1.96% | -8.8% | -6.31% | -7.44% | -0.95% | 4.37% | 7.41% | 1.1% | -8.47% | -6.5% | -14.18% | -17.22% | -17.51% | -16.64% | -15.19% |
| Total Current Liabilities | 7.77B | 8.41B | 9.15B | 8.29B | 6.79B | 10.65B | 8.78B | 8B | 7.78B | 10.94B | 11.32B | 10.38B | 11.66B | 9.15B | 8.62B | 8.1B | 8.31B | 10.93B | 8.58B | 8.11B |
| Accounts Payable | 684M | 701M | 750M | 662M | 569M | 550M | 700M | 510M | 556M | 504M | 582M | 490M | 454M | 412M | 552M | 417M | 396M | 379M | 449M | 266M |
| Days Payables Outstanding | 41.03 | 33.97 | 44.86 | 39.35 | 35.36 | 44.29 | 37.06 | 31.92 | 30.11 | 34.39 | 32.34 | 27.52 | 23.44 | 30.25 | 28.34 | 21.81 | 20.65 | 25.77 | 18.57 | 13.02 |
| Short-Term Debt | 1.68B | 542M | 1.57B | 1.57B | 1.07B | 2.63B | 1.53B | 1.58B | 1.55B | 0 | 1.12B | 1.12B | 3.12B | 1.34B | 1.56B | 1.44B | 2.63B | 2.52B | 1.1B | 1.1B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.69B | 2.7B | 2.7B | 2.7B | 2.7B | 0 | 2.7B | 0 | 0 | 0 | 2.9B | 6.45B |
| Other Current Liabilities | 1.78B | 1.78B | 0 | 0 | 0 | 0 | 1.73B | 1.74B | 0 | 1.69B | 1.74B | 1.74B | 1.68B | 1.69B | -1.01B | 1.69B | 1.63B | 1.64B | -1.25B | -1.14B |
| Current Ratio | 0.44x | 0.56x | 0.61x | 0.62x | 0.39x | 0.57x | 0.51x | 0.44x | 0.45x | 0.48x | 0.49x | 0.33x | 0.37x | 0.78x | 0.84x | 0.50x | 0.49x | 0.62x | 0.71x | 0.74x |
| Quick Ratio | 0.30x | 0.42x | 0.49x | 0.49x | 0.24x | 0.47x | 0.39x | 0.30x | 0.30x | 0.36x | 0.39x | 0.21x | 0.27x | 0.65x | 0.70x | 0.36x | 0.35x | 0.51x | 0.57x | 0.60x |
| Cash Conversion Cycle | 28.71 | 22.45 | 27.61 | 31.46 | 34.59 | 36.86 | 34.79 | 42.05 | 43.99 | 51.26 | 45.44 | 57.92 | 73.13 | 80.8 | 55.93 | 39.35 | 42.92 | 50.04 | 42.62 | 60.84 |
| Total Non-Current Liabilities | 28.22B | 29.34B | 29.32B | 29.32B | 28.75B | 28.57B | 28.58B | 29.59B | 29.57B | 30.6B | 30.74B | 29.45B | 29.26B | 31.51B | 32.26B | 30.09B | 30.84B | 31.07B | 32.55B | 32.72B |
| Long-Term Debt | 22.89B | 24.06B | 24.14B | 24.13B | 23.65B | 23.43B | 23.4B | 23.57B | 23.47B | 25.04B | 25.11B | 23.98B | 24.07B | 24.05B | 25.12B | 24.85B | 25.05B | 25.41B | 26.94B | 27.02B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 3.47B | 3.46B | 3.37B | 3.46B | 3.66B | 3.7B | 3.75B | 3.21B | 3.28B | 2.7B | 2.8B | 2.53B | 2.65B | 2.73B | 2.9B | 3.33B | 3.9B | 3.77B | 3.69B | 3.56B |
| Other Non-Current Liabilities | 1.86B | 1.81B | 1.8B | 1.72B | 1.44B | 1.44B | 1.44B | 2.81B | 2.82B | 2.86B | 2.83B | 2.94B | 2.54B | 2.02B | 1.54B | 1.91B | 1.89B | 1.9B | 1.92B | 2.1B |
| Total Liabilities | 35.99B | 37.74B | 38.47B | 37.6B | 35.54B | 39.22B | 37.37B | 37.59B | 37.35B | 41.54B | 42.06B | 39.83B | 40.93B | 40.65B | 40.88B | 38.19B | 39.15B | 41.99B | 41.13B | 40.83B |
| Total Debt | 24.58B | 24.6B | 25.71B | 25.7B | 24.72B | 26.06B | 24.93B | 25.16B | 25.02B | 25.04B | 26.23B | 25.1B | 27.2B | 25.39B | 26.68B | 26.29B | 27.68B | 27.92B | 28.04B | 28.13B |
| Net Debt | 22.21B | 21.07B | 21.23B | 22.23B | 23.43B | 21.33B | 21.8B | 23.26B | 23.21B | 21.43B | 22.55B | 23.56B | 26.32B | 21.47B | 22.65B | 23.81B | 25.11B | 22.57B | 23.5B | 25.17B |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 7.62x | 8.17x | 8.67x | 7.78x | 7.49x | 9.54x | 8.44x | 7.80x | 9.60x | 9.14x | 9.13x | 7.92x | 9.17x | 9.04x | 9.26x | 8.30x | 8.75x | 9.51x | 10.06x | 9.34x |
| Net Debt / EBITDA | 6.89x | 7.00x | 7.16x | 6.73x | 7.10x | 7.81x | 7.38x | 7.21x | 8.90x | 7.82x | 7.85x | 7.43x | 8.87x | 7.64x | 7.86x | 7.52x | 7.94x | 7.69x | 8.43x | 8.35x |
| Interest Coverage | 10.93x | 12.08x | 5.18x | 12.06x | 12.34x | 7.42x | 12.23x | 12.33x | 20.60x | 11.78x | 13.53x | 11.69x | 11.92x | 11.83x | 13.27x | 2.50x | 6.73x | 10.51x | 8.87x | -11.41x |
| Total Equity | -2.62B | -3.16B | -3.45B | -2.6B | -3.21B | -3.46B | -2.19B | -3.42B | -2.97B | -5.06B | -3.49B | -3.36B | -3.78B | -3.83B | -3.92B | -4.23B | -2.4B | -1.76B | -1.61B | -1.26B |
| Equity Growth % | 18.34% | 8.64% | -57.77% | 24.05% | -8.09% | 31.67% | 37.31% | -1.82% | 21.47% | -32.36% | 11.04% | 20.68% | -57.18% | -117.39% | -144.27% | -234.55% | -173.73% | -158.76% | -154.91% | -138.67% |
| Book Value per Share | -1.57 | -1.89 | -2.06 | -1.54 | -1.90 | -2.05 | -1.29 | -2.01 | -1.73 | -2.88 | -1.97 | -1.89 | -2.12 | -2.14 | -2.19 | -2.35 | -1.33 | -0.97 | -0.88 | -0.69 |
| Total Shareholders' Equity | -2.67B | -3.21B | -3.5B | -2.65B | -3.26B | -3.51B | -2.24B | -3.47B | -3.02B | -5.11B | -3.54B | -3.41B | -3.83B | -3.88B | -3.97B | -4.23B | -2.4B | -1.76B | -1.61B | -1.27B |
| Common Stock | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M |
| Retained Earnings | 36.38B | 35.86B | 35.45B | 36.12B | 35.52B | 34.87B | 35.52B | 34.21B | 33.65B | 31.54B | 31.09B | 30.77B | 30.34B | 29.9B | 29.79B | 28.79B | 30.25B | 30.99B | 30.66B | 30.68B |
| Treasury Stock | -43.51B | -43.45B | -43.18B | -42.89B | -42.78B | -42.51B | -42.19B | -41.88B | -41.2B | -40.84B | -38.8B | -38.53B | -38.27B | -37.8B | -37.82B | -37.44B | -37.07B | -36.57B | -36.01B | -35.3B |
| Accumulated OCI | -2.38B | -2.45B | -2.63B | -2.71B | -2.83B | -2.69B | -2.4B | -2.62B | -2.28B | -2.27B | -2.67B | -2.47B | -2.71B | -2.78B | -2.77B | -2.38B | -2.38B | -2.96B | -3.06B | -3.43B |
| Minority Interest | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 50M | 0 | 0 | 0 | 0 | 2M |