Stock Analysis on Net

Altria Group Inc. (NYSE:MO)

$22.49

This company has been moved to the archive! The financial data has not been updated since October 31, 2024.

Return on Assets (ROA)
since 2005

Microsoft Excel

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Calculation

Altria Group Inc., ROA, long-term trends, calculation

Microsoft Excel

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


The financial data indicates varying trends in the company's net earnings, total assets, and return on assets (ROA) over the analyzed period.

Net Earnings
Net earnings show fluctuations across the years, with a general upward trend observed from 2005 to 2006, followed by a significant decline in 2008 and 2009. Thereafter, earnings recover gradually until 2014. A notable peak is visible in 2016, reaching the highest level within the period, before declining again in subsequent years. Earnings dipped into negative territory in 2019 but rebounded steadily afterward, culminating in a high point by 2023.
Total Assets
Total assets exhibit a downward trajectory from 2005 through 2015, with the most pronounced decreases occurring between 2007 and 2015. After 2015, a modest recovery is apparent, but asset levels remain significantly below the initial values of 2005. Fluctuations post-2015 suggest some stabilization but no substantial growth after the decline.
Return on Assets (ROA)
ROA demonstrates notable volatility throughout the period. Early years show steady increases, peaking in 2008 and again in 2016 with an exceptional high value. After 2016, ROA decreases but remains positive except for 2019 when it turns negative, mirroring the negative net earnings of the same year. ROA recovers robustly post-2019, reaching a high in 2023, indicating improved efficiency in asset utilization despite the overall lower asset base.

Overall, the company experienced periods of financial stress, particularly around 2008-2009 and 2019, reflected in reduced earnings, asset levels, and ROA. Recovery phases include 2016 and 2023, marked by peaks in profitability and efficiency. The decline in total assets suggests potential divestitures or asset impairments over the years, while the recovery in earnings and ROA indicates better operational performance or cost management in recent years.


Comparison to Competitors

Altria Group Inc., ROA, long-term trends, comparison to competitors

Microsoft Excel

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)

Microsoft Excel

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)