Below are the financial statements of Altria Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net revenues | 24.02a | 24.48a | 25.1a |
| Cost of sales | -6.08a | -6.22a | -6.44a |
| Excise taxes on products | -3.57a | -3.98a | -4.41a |
| Gross profit | 14.37a | 14.28a | 14.25a |
| Marketing, administration and research costs | -2.74a | -2.74a | -2.33a |
| Asset impairment and exit costs | -0.39a | 0a | 0a |
| Operating income | 11.24a | 11.55a | 11.92a |
| Interest and other debt expense, net | -1.04a | -0.99a | -1.06a |
| Net periodic benefit income, excluding service cost | -0.1a | -0.13a | -0.18a |
| (Income) losses from investments in equity securities | -0.65a | -0.24a | 3.66a |
| Gain on the sale of IQOS System commercialization rights | -2.7a | 0a | 0a |
| Earnings before income taxes | 13.66a | 10.93a | 7.39a |
| Provision for income taxes | -2.39a | -2.8a | -1.63a |
| Net earnings | 11.26a | 8.13a | 5.76a |
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