Altria Group (BUE:MO) Research & Development : ARS0 Mil (TTM As of Mar. 2024)

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What is Altria Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Altria Group's Research & Development for the three months ended in Mar. 2024 was ARS0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ARS0 Mil.

Altria Group Research & Development Historical Data

The historical data trend for Altria Group's Research & Development 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.

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Altria Group Research & Development Chart

Altria Group Annual Data

Trend

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Research & Development

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Altria Group Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Altria Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS0 Mil.

Altria Group (BUE:MO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Altria Group Research & Development Related Terms

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Altria Group (BUE:MO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Altria Group Inc (BUE:MO) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

MO:USA MO:Mexico 1MO:Italy PHM7d:UK 0R31:UK PHM7:Germany MO:Chile MOOO34:Brazil ALTR:Austria

Address

6601 West Broad Street, Richmond, VA, USA, 23230

Website

https://www.altria.com

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.