Return on Assets (ROA)
since 2005
Calculation
Altria Group Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net earnings (losses) attributable to Altria1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 21.08% | = | 100 | × | 8,130) | ÷ | 38,570) |
| Dec 31, 2022 | 15.60% | = | 100 | × | 5,764) | ÷ | 36,954) |
| Dec 31, 2021 | 6.26% | = | 100 | × | 2,475) | ÷ | 39,523) |
| Dec 31, 2020 | 9.42% | = | 100 | × | 4,467) | ÷ | 47,414) |
| Dec 31, 2019 | -2.62% | = | 100 | × | (1,293) | ÷ | 49,271) |
| Dec 31, 2018 | 12.51% | = | 100 | × | 6,963) | ÷ | 55,638) |
| Dec 31, 2017 | 23.66% | = | 100 | × | 10,222) | ÷ | 43,202) |
| Dec 31, 2016 | 31.00% | = | 100 | × | 14,239) | ÷ | 45,932) |
| Dec 31, 2015 | 16.11% | = | 100 | × | 5,241) | ÷ | 32,535) |
| Dec 31, 2014 | 14.71% | = | 100 | × | 5,070) | ÷ | 34,475) |
| Dec 31, 2013 | 13.01% | = | 100 | × | 4,535) | ÷ | 34,859) |
| Dec 31, 2012 | 11.83% | = | 100 | × | 4,180) | ÷ | 35,329) |
| Dec 31, 2011 | 9.17% | = | 100 | × | 3,390) | ÷ | 36,962) |
| Dec 31, 2010 | 10.44% | = | 100 | × | 3,905) | ÷ | 37,402) |
| Dec 31, 2009 | 8.74% | = | 100 | × | 3,206) | ÷ | 36,677) |
| Dec 31, 2008 | 18.12% | = | 100 | × | 4,930) | ÷ | 27,215) |
| Dec 31, 2007 | 17.11% | = | 100 | × | 9,786) | ÷ | 57,211) |
| Dec 31, 2006 | 11.53% | = | 100 | × | 12,022) | ÷ | 104,270) |
| Dec 31, 2005 | 9.67% | = | 100 | × | 10,435) | ÷ | 107,949) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Altria Group Inc., ROA, long-term trends, comparison to competitors
| Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 21.08% | 10.97% | 9.03% | 11.96% |
| Dec 31, 2022 | 15.60% | 10.29% | 9.67% | 14.67% |
| Dec 31, 2021 | 6.26% | 10.36% | 8.25% | 22.06% |
| Dec 31, 2020 | 9.42% | 8.87% | 7.66% | 17.98% |
| Dec 31, 2019 | -2.62% | 10.33% | 9.31% | 16.76% |
| Dec 31, 2018 | 12.51% | 7.73% | 16.12% | 19.88% |
| Dec 31, 2017 | 23.66% | 1.42% | 6.09% | 14.05% |
| Dec 31, 2016 | 31.00% | 7.48% | 8.54% | 18.91% |
| Dec 31, 2015 | 16.11% | 8.16% | 7.83% | 20.24% |
| Dec 31, 2014 | 14.71% | 7.71% | 9.24% | 21.29% |
| Dec 31, 2013 | 13.01% | 9.53% | 8.70% | 22.47% |
| Dec 31, 2012 | 11.83% | 10.47% | 8.28% | 23.36% |
| Dec 31, 2011 | 9.17% | 10.72% | 8.84% | 24.21% |
| Dec 31, 2010 | 10.44% | 16.19% | 9.27% | 20.71% |
| Dec 31, 2009 | 8.74% | 14.02% | 14.92% | 18.35% |
| Dec 31, 2008 | 18.12% | 14.33% | 14.29% | 20.90% |
| Dec 31, 2007 | 17.11% | 13.82% | 16.34% | — |
| Dec 31, 2006 | 11.53% | 16.95% | 18.85% | — |
| Dec 31, 2005 | 9.67% | 16.56% | 12.85% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Altria Group Inc., ROA, long-term trends, comparison to sector (food, beverage & tobacco)
| Altria Group Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 21.08% | 11.83% |
| Dec 31, 2022 | 15.60% | 11.73% |
| Dec 31, 2021 | 6.26% | 10.83% |
| Dec 31, 2020 | 9.42% | 10.05% |
| Dec 31, 2019 | -2.62% | 8.61% |
| Dec 31, 2018 | 12.51% | 13.20% |
| Dec 31, 2017 | 23.66% | 8.81% |
| Dec 31, 2016 | 31.00% | 13.95% |
| Dec 31, 2015 | 16.11% | 11.01% |
| Dec 31, 2014 | 14.71% | 11.27% |
| Dec 31, 2013 | 13.01% | 11.82% |
| Dec 31, 2012 | 11.83% | 12.05% |
| Dec 31, 2011 | 9.17% | 11.98% |
| Dec 31, 2010 | 10.44% | 13.72% |
| Dec 31, 2009 | 8.74% | 13.97% |
| Dec 31, 2008 | 18.12% | 16.66% |
| Dec 31, 2007 | 17.11% | 15.86% |
| Dec 31, 2006 | 11.53% | 13.85% |
| Dec 31, 2005 | 9.67% | 11.46% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Altria Group Inc., ROA, long-term trends, comparison to industry (consumer staples)
| Altria Group Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 21.08% | 9.02% |
| Dec 31, 2022 | 15.60% | 9.75% |
| Dec 31, 2021 | 6.26% | 8.82% |
| Dec 31, 2020 | 9.42% | 8.60% |
| Dec 31, 2019 | -2.62% | 5.79% |
| Dec 31, 2018 | 12.51% | 9.03% |
| Dec 31, 2017 | 23.66% | 8.77% |
| Dec 31, 2016 | 31.00% | 10.08% |
| Dec 31, 2015 | 16.11% | 7.73% |
| Dec 31, 2014 | 14.71% | 8.78% |
| Dec 31, 2013 | 13.01% | 9.34% |
| Dec 31, 2012 | 11.83% | 9.36% |
| Dec 31, 2011 | 9.17% | 9.69% |
| Dec 31, 2010 | 10.44% | 10.36% |
| Dec 31, 2009 | 8.74% | 10.01% |
| Dec 31, 2008 | 18.12% | 10.15% |
| Dec 31, 2007 | 17.11% | 9.75% |
| Dec 31, 2006 | 11.53% | 9.41% |
| Dec 31, 2005 | 9.67% | 10.30% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).