Return on Equity (ROE)
since 2005
Calculation
Altria Group Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings (losses) attributable to Altria1 | ÷ | Stockholders’ equity (deficit) attributable to Altria1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | — | = | 100 | × | 8,130) | ÷ | (3,540) |
| Dec 31, 2022 | — | = | 100 | × | 5,764) | ÷ | (3,973) |
| Dec 31, 2021 | — | = | 100 | × | 2,475) | ÷ | (1,606) |
| Dec 31, 2020 | 157.34% | = | 100 | × | 4,467) | ÷ | 2,839) |
| Dec 31, 2019 | -20.78% | = | 100 | × | (1,293) | ÷ | 6,222) |
| Dec 31, 2018 | 47.09% | = | 100 | × | 6,963) | ÷ | 14,787) |
| Dec 31, 2017 | 66.48% | = | 100 | × | 10,222) | ÷ | 15,377) |
| Dec 31, 2016 | 111.50% | = | 100 | × | 14,239) | ÷ | 12,770) |
| Dec 31, 2015 | 181.98% | = | 100 | × | 5,241) | ÷ | 2,880) |
| Dec 31, 2014 | 168.21% | = | 100 | × | 5,070) | ÷ | 3,014) |
| Dec 31, 2013 | 110.10% | = | 100 | × | 4,535) | ÷ | 4,119) |
| Dec 31, 2012 | 131.94% | = | 100 | × | 4,180) | ÷ | 3,168) |
| Dec 31, 2011 | 92.12% | = | 100 | × | 3,390) | ÷ | 3,680) |
| Dec 31, 2010 | 75.21% | = | 100 | × | 3,905) | ÷ | 5,192) |
| Dec 31, 2009 | 78.79% | = | 100 | × | 3,206) | ÷ | 4,069) |
| Dec 31, 2008 | 174.33% | = | 100 | × | 4,930) | ÷ | 2,828) |
| Dec 31, 2007 | 52.74% | = | 100 | × | 9,786) | ÷ | 18,554) |
| Dec 31, 2006 | 30.34% | = | 100 | × | 12,022) | ÷ | 39,619) |
| Dec 31, 2005 | 29.22% | = | 100 | × | 10,435) | ÷ | 35,707) |
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., ROE, long-term trends, comparison to competitors
| Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | — | 41.30% | 49.04% | — |
| Dec 31, 2022 | — | 39.59% | 51.96% | — |
| Dec 31, 2021 | — | 42.48% | 47.48% | — |
| Dec 31, 2020 | 157.34% | 40.14% | 52.92% | — |
| Dec 31, 2019 | -20.78% | 46.99% | 49.47% | — |
| Dec 31, 2018 | 47.09% | 37.89% | 86.20% | — |
| Dec 31, 2017 | 66.48% | 7.31% | 44.60% | — |
| Dec 31, 2016 | 111.50% | 28.30% | 57.04% | — |
| Dec 31, 2015 | 181.98% | 28.77% | 45.73% | — |
| Dec 31, 2014 | 168.21% | 23.41% | 37.35% | — |
| Dec 31, 2013 | 110.10% | 25.88% | 27.76% | — |
| Dec 31, 2012 | 131.94% | 27.51% | 27.71% | — |
| Dec 31, 2011 | 92.12% | 27.10% | 31.29% | 3,751.53% |
| Dec 31, 2010 | 75.21% | 38.09% | 29.86% | 207.05% |
| Dec 31, 2009 | 78.79% | 27.52% | 35.38% | 110.95% |
| Dec 31, 2008 | 174.33% | 28.37% | 42.47% | 91.87% |
| Dec 31, 2007 | 52.74% | 27.51% | 32.83% | — |
| Dec 31, 2006 | 30.34% | 30.02% | 36.71% | — |
| Dec 31, 2005 | 29.22% | 29.79% | 28.62% | — |
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., ROE, long-term trends, comparison to sector (food, beverage & tobacco)
| Altria Group Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | — | 120.39% |
| Dec 31, 2022 | — | 117.44% |
| Dec 31, 2021 | — | 106.01% |
| Dec 31, 2020 | 157.34% | 118.96% |
| Dec 31, 2019 | -20.78% | 77.88% |
| Dec 31, 2018 | 47.09% | 99.99% |
| Dec 31, 2017 | 66.48% | 71.55% |
| Dec 31, 2016 | 111.50% | 99.48% |
| Dec 31, 2015 | 181.98% | 91.90% |
| Dec 31, 2014 | 168.21% | 68.62% |
| Dec 31, 2013 | 110.10% | 52.85% |
| Dec 31, 2012 | 131.94% | 51.44% |
| Dec 31, 2011 | 92.12% | 48.09% |
| Dec 31, 2010 | 75.21% | 48.13% |
| Dec 31, 2009 | 78.79% | 43.43% |
| Dec 31, 2008 | 174.33% | 53.07% |
| Dec 31, 2007 | 52.74% | 37.24% |
| Dec 31, 2006 | 30.34% | 31.63% |
| Dec 31, 2005 | 29.22% | 29.23% |
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., ROE, long-term trends, comparison to industry (consumer staples)
| Altria Group Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | — | 37.55% |
| Dec 31, 2022 | — | 38.86% |
| Dec 31, 2021 | — | 35.45% |
| Dec 31, 2020 | 157.34% | 35.90% |
| Dec 31, 2019 | -20.78% | 22.50% |
| Dec 31, 2018 | 47.09% | 31.57% |
| Dec 31, 2017 | 66.48% | 30.51% |
| Dec 31, 2016 | 111.50% | 32.96% |
| Dec 31, 2015 | 181.98% | 25.09% |
| Dec 31, 2014 | 168.21% | 27.28% |
| Dec 31, 2013 | 110.10% | 27.39% |
| Dec 31, 2012 | 131.94% | 27.22% |
| Dec 31, 2011 | 92.12% | 27.10% |
| Dec 31, 2010 | 75.21% | 27.48% |
| Dec 31, 2009 | 78.79% | 25.77% |
| Dec 31, 2008 | 174.33% | 25.66% |
| Dec 31, 2007 | 52.74% | 22.33% |
| Dec 31, 2006 | 30.34% | 21.85% |
| Dec 31, 2005 | 29.22% | 26.54% |
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).