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Altria Group Inc. (MO)
Common-Size Income Statement
Low level of difficulty
Altria Group Inc., common-size consolidated income statement
Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-27), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-25).
| Income statement item | Description | The company |
|---|---|---|
| Operating income | The net result for the period of deducting operating expenses from operating revenues. | Altria Group Inc.’s operating income as a percentage of net revenues increased from 2016 to 2017 but then slightly declined from 2017 to 2018. |
| Earnings before income taxes | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | Altria Group Inc.’s earnings before income taxes as a percentage of net revenues declined from 2016 to 2017 and from 2017 to 2018. |
| Net earnings attributable to Altria | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | Altria Group Inc.’s net earnings attributable to Altria as a percentage of net revenues declined from 2016 to 2017 and from 2017 to 2018. |