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Altria Group (Altria Group) EBIT : $12,077 Mil (TTM As of Dec. 2023)


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What is Altria Group EBIT?

Altria Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $3,126 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $12,077 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Altria Group's annualized ROC % for the quarter that ended in Dec. 2023 was 22.08%. Altria Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 762.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Altria Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.55%.


Altria Group EBIT Historical Data

The historical data trend for Altria Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altria Group EBIT Chart

Altria Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,088.00 8,113.00 5,012.00 8,517.00 12,077.00

Altria Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,000.00 2,708.00 3,063.00 3,180.00 3,126.00

Competitive Comparison of Altria Group's EBIT

For the Tobacco subindustry, Altria Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altria Group's EV-to-EBIT Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Altria Group's EV-to-EBIT falls into.



Altria Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $12,077 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altria Group  (NYSE:MO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Altria Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=10804 * ( 1 - 24.68% )/( (36900 + 36806)/ 2 )
=8137.5728/36853
=22.08 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Altria Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12504/( ( (1629 + max(-7464, 0)) + (1652 + max(-8866, 0)) )/ 2 )
=12504/( ( 1629 + 1652 )/ 2 )
=12504/1640.5
=762.21 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 1174 + 622) - (6560 + 2700 + 0)
=-7464

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 1215 + 117) - (7498 + 2700 + 0)
=-8866

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Altria Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=12077/96219.455
=12.55 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altria Group EBIT Related Terms

Thank you for viewing the detailed overview of Altria Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Altria Group (Altria Group) Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.
Executives
Clarke Ian L.t. director 6601 W BROAD ST, RICHMOND VA 23230
Robert Matthew Davis director 6601 W. BROAD STREET, RICHMOND VA 23230
Jacinto J Hernandez director 777 HIDDEN RIDGE, IRVING TX 75038
Mario Max Yzaguirre director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Marjorie Mary Connelly director 2580 PALMER DR, KESWICK VA 22947
Ellen R Strahlman director ALTRIA GROUP, INC., 6601 W. BROAD STREET, RICHMOND VA 23230
Nabil Y Sakkab director 6601 WEST BROAD STREET, RICHMOND VA 23230
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Casteen John T Iii director 301 S. COLLEGE STREET, 30TH FLOOR, NC0630, CHARLOTTE NC 28288-0630
Kathryn B. Mcquade director 6601 WEST BROAD STREET, RICHMOND VA 23230
Kiely W Leo Iii director
Mark Newman director 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Kelly Ennis Debra J director 4405 A INTERNATIONAL BLVD, NORCROSS GA 30093
Surgner W Hildebrandt Jr officer: VP, Corp. Sec'y & Assoc. GC 6601 WEST BROAD STREET, RICHMOND VA 23230
Daniel J Bryant officer: Vice President & Treasurer 6601 WEST BROAD STREET, RICHMOND VA 23230

Altria Group (Altria Group) Headlines

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