Altria Group, Inc. (MO) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MO Revenue Growth
Revenue Breakdown (FY 2025)
MO's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
MO Revenue Analysis (2014–2025)
As of May 8, 2026, Altria Group, Inc. (MO) generated trailing twelve-month (TTM) revenue of $21.82 billion, reflecting exceptional growth of +20.1% year-over-year. The most recent quarter (Q1 2026) recorded $5.43 billion in revenue, down 7.2% sequentially.
Looking at the longer-term picture, MO's 5-year compound annual growth rate (CAGR) stands at -0.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $21.11 billion in 2021.
Revenue diversification analysis shows MO's business is primarily driven by Smokeable Products (88%), Smokeless Products (12%), and Other Segments (0%). With over half of revenue concentrated in Smokeable Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including PM (+8.1% YoY), BTI (-5.2% YoY), and TPB (+25.2% YoY), MO has underperformed the peer group in terms of revenue growth. Compare MO vs PM →
MO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MOCurrent | $21.8B | +20.1% | -0.7% | 74.8% | |
 PM | $40.6B | +8.1% | +7.2% | 36.7% | |
 BTI | $25.9B | -5.2% | -0.0% | 10.6% | |
 TPB | $463M | +25.2% | +2.7% | 20.6% | |
 XXII | $18M | +75.4% | -9.0% | -64.9% | |
 UVV | $2.9B | -32.0% | +9.1% | 8.3% |
MO Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $20.14B | -1.5% | $17.44B | 86.6% | $15.06B | 74.8% |
| 2024 | $20.44B | -0.3% | $14.37B | 70.3% | $11.24B | 55.0% |
| 2023 | $20.50B | -0.9% | $14.28B | 69.7% | $11.55B | 56.3% |
| 2022 | $20.69B | -2.0% | $14.25B | 68.9% | $11.92B | 57.6% |
| 2021 | $21.11B | +1.3% | $13.99B | 66.3% | $11.56B | 54.8% |
| 2020 | $20.84B | +5.3% | $13.02B | 62.5% | $10.87B | 52.2% |
| 2019 | $19.80B | +0.9% | $12.71B | 64.2% | $10.33B | 52.2% |
| 2018 | $19.63B | +0.7% | $12.25B | 62.4% | $9.12B | 46.4% |
| 2017 | $19.49B | +0.8% | $11.96B | 61.4% | $9.59B | 49.2% |
| 2016 | $19.34B | +2.6% | $11.57B | 59.8% | $8.76B | 45.3% |
Full MO Stock Analysis
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Start ComparisonMO — Frequently Asked Questions
Quick answers to the most common questions about buying MO stock.
Is MO's revenue growth accelerating or slowing?
MO revenue is accelerating at +20.1% year-over-year, exceeding the 5-year CAGR of -0.7%. TTM revenue reached $21.8B. Growth momentum has increased versus prior periods.
What is MO's long-term revenue growth rate?
Altria Group, Inc.'s 5-year revenue CAGR of -0.7% reflects the sustained expansion pattern. Current YoY growth of +20.1% is above this long-term average.
How is MO's revenue distributed by segment?
MO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.