Thus, due to an uncertain regulatory climate and lower future growth expectations, Altria wrote down its investment in JUUL by 35%, or by $4.5 billion. Observing third quarter 2019 results within Tobacco industry Altria Group Inc has achieved highest Net Profit Margin. Net revenues $ 6,007 $ 6,114 (1.8)% Cost of sales 1 1,718 1,864 Excise taxes on products 1 1,205 1,328 Gross profit 3,084 2,922 5.5% Marketing, administration and research costs 511 626 Asset impairment and exit costs 85 381 Operating companies income 2,488 1,915 29.9% Accessed October 30, 2020. https://www.statista.com/statistics/500108/net-revenue-of-altria/, Altria. While overall Net Profit Margin ranking remained unchanged compare to previous quarter at no. Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. To understand different operating divisions of the company and how each division is expected to grow, refer to the Trefis analysis- Altria Revenues: How Does Altria Make Money? Register in seconds and access exclusive features. March 10, 2020. Are you interested in testing our corporate solutions? Net revenue of Altria worldwide from 2010 to 2019 (in million U.S. dollars) [Graph]. As a Premium user you get access to background information and details about the release of this statistic. Their tobacco company brand portfolios consist of successful and well-known brand names such as Marlboro, Copenhagen, Skoal and Black & Mild. This statistic shows the net revenue of the Altria Group, Inc. worldwide from 2010 to 2019. Altria Group is the parent company of Philip Morris USA, U.S. Smokeless Tobacco Company, John Middleton, Ste. facts. The platform uses extensive data to show in a single snapshot what drives the value of a company's business. Please check your download folder. (March 10, 2020). The Trading Economics Application Programming Interface (API) provides direct access to our data. Net profit margin: An indicator of profitability, calculated as net income divided by revenue. Start your Free Trial. Altria's net revenue 2010-2019 Published by Jan Conway, Mar 10, 2020 This statistic shows the net revenue of the Altria Group, Inc. worldwide from 2010 to 2019. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Please create an employee account to be able to mark statistics as favorites. This might include you though you may have invested money in these companies, or may have been working with one of them for years as an employee, or have consulted with them as an expert for a long time. This statistic is not included in your account. Direct access to our calendar releases and historical data. Total expenses increased by $4.8 billion, out of which $4.5 billion was driven by impairment of investment in JUUL. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images). We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Commenting Third Quarter 2019 Net Profit Margin: Altria Group Inc recorded Net Loss compare to Net Income achieved in previous quarter. To understand changes in revenue and expenses for Altria during the last quarter, refer to the Trefis analysis – Why Altria made substantial losses in Q3 2019 versus a profit in Q2 2019? dollars)." Chart. Altria net income for the quarter ending June 30, 2020 was, Altria net income for the twelve months ending June 30, 2020 was. This marks a sequential decline of a whopping 230% in net income during the third quarter compared to Q2 2019.