Total Asset Turnover
since 2005
Calculation
Altria Group Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Net revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.63 | = | 24,483) | ÷ | 38,570) |
| Dec 31, 2022 | 0.68 | = | 25,096) | ÷ | 36,954) |
| Dec 31, 2021 | 0.66 | = | 26,013) | ÷ | 39,523) |
| Dec 31, 2020 | 0.55 | = | 26,153) | ÷ | 47,414) |
| Dec 31, 2019 | 0.51 | = | 25,110) | ÷ | 49,271) |
| Dec 31, 2018 | 0.46 | = | 25,364) | ÷ | 55,638) |
| Dec 31, 2017 | 0.59 | = | 25,576) | ÷ | 43,202) |
| Dec 31, 2016 | 0.56 | = | 25,744) | ÷ | 45,932) |
| Dec 31, 2015 | 0.78 | = | 25,434) | ÷ | 32,535) |
| Dec 31, 2014 | 0.71 | = | 24,522) | ÷ | 34,475) |
| Dec 31, 2013 | 0.70 | = | 24,466) | ÷ | 34,859) |
| Dec 31, 2012 | 0.70 | = | 24,618) | ÷ | 35,329) |
| Dec 31, 2011 | 0.64 | = | 23,800) | ÷ | 36,962) |
| Dec 31, 2010 | 0.65 | = | 24,363) | ÷ | 37,402) |
| Dec 31, 2009 | 0.64 | = | 23,556) | ÷ | 36,677) |
| Dec 31, 2008 | 0.71 | = | 19,356) | ÷ | 27,215) |
| Dec 31, 2007 | 1.29 | = | 73,801) | ÷ | 57,211) |
| Dec 31, 2006 | 0.97 | = | 101,407) | ÷ | 104,270) |
| Dec 31, 2005 | 0.91 | = | 97,854) | ÷ | 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., total asset turnover, long-term trends, comparison to competitors
| Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 0.63 | 0.47 | 0.91 | 0.54 |
| Dec 31, 2022 | 0.68 | 0.46 | 0.94 | 0.51 |
| Dec 31, 2021 | 0.66 | 0.41 | 0.86 | 0.76 |
| Dec 31, 2020 | 0.55 | 0.38 | 0.76 | 0.64 |
| Dec 31, 2019 | 0.51 | 0.43 | 0.86 | 0.70 |
| Dec 31, 2018 | 0.46 | 0.38 | 0.83 | 0.74 |
| Dec 31, 2017 | 0.59 | 0.40 | 0.80 | 0.67 |
| Dec 31, 2016 | 0.56 | 0.48 | 0.85 | 0.72 |
| Dec 31, 2015 | 0.78 | 0.49 | 0.91 | 0.79 |
| Dec 31, 2014 | 0.71 | 0.50 | 0.95 | 0.85 |
| Dec 31, 2013 | 0.70 | 0.52 | 0.86 | 0.82 |
| Dec 31, 2012 | 0.70 | 0.56 | 0.88 | 0.83 |
| Dec 31, 2011 | 0.64 | 0.58 | 0.91 | 0.88 |
| Dec 31, 2010 | 0.65 | 0.48 | 0.85 | 0.78 |
| Dec 31, 2009 | 0.64 | 0.64 | 1.08 | 0.72 |
| Dec 31, 2008 | 0.71 | 0.79 | 1.20 | 0.78 |
| Dec 31, 2007 | 1.29 | 0.67 | 1.14 | — |
| Dec 31, 2006 | 0.97 | 0.80 | 1.17 | — |
| Dec 31, 2005 | 0.91 | 0.79 | 1.03 | — |
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., total asset turnover, long-term trends, comparison to sector (food, beverage & tobacco)
| Altria Group Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 0.63 | 0.65 |
| Dec 31, 2022 | 0.68 | 0.66 |
| Dec 31, 2021 | 0.66 | 0.66 |
| Dec 31, 2020 | 0.55 | 0.58 |
| Dec 31, 2019 | 0.51 | 0.62 |
| Dec 31, 2018 | 0.46 | 0.59 |
| Dec 31, 2017 | 0.59 | 0.60 |
| Dec 31, 2016 | 0.56 | 0.64 |
| Dec 31, 2015 | 0.78 | 0.71 |
| Dec 31, 2014 | 0.71 | 0.72 |
| Dec 31, 2013 | 0.70 | 0.70 |
| Dec 31, 2012 | 0.70 | 0.72 |
| Dec 31, 2011 | 0.64 | 0.75 |
| Dec 31, 2010 | 0.65 | 0.68 |
| Dec 31, 2009 | 0.64 | 0.77 |
| Dec 31, 2008 | 0.71 | 0.88 |
| Dec 31, 2007 | 1.29 | 1.05 |
| Dec 31, 2006 | 0.97 | 0.98 |
| Dec 31, 2005 | 0.91 | 0.91 |
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., total asset turnover, long-term trends, comparison to industry (consumer staples)
| Altria Group Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 0.63 | 1.55 |
| Dec 31, 2022 | 0.68 | 1.51 |
| Dec 31, 2021 | 0.66 | 1.45 |
| Dec 31, 2020 | 0.55 | 1.35 |
| Dec 31, 2019 | 0.51 | 1.43 |
| Dec 31, 2018 | 0.46 | 1.41 |
| Dec 31, 2017 | 0.59 | 1.39 |
| Dec 31, 2016 | 0.56 | 1.39 |
| Dec 31, 2015 | 0.78 | 1.43 |
| Dec 31, 2014 | 0.71 | 1.38 |
| Dec 31, 2013 | 0.70 | 1.35 |
| Dec 31, 2012 | 0.70 | 1.36 |
| Dec 31, 2011 | 0.64 | 1.34 |
| Dec 31, 2010 | 0.65 | 1.32 |
| Dec 31, 2009 | 0.64 | 1.40 |
| Dec 31, 2008 | 0.71 | 1.40 |
| Dec 31, 2007 | 1.29 | 1.42 |
| Dec 31, 2006 | 0.97 | 1.33 |
| Dec 31, 2005 | 0.91 | 1.48 |
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).