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MO (Altria Group) Goodwill-to-Asset : 0.17 (As of Mar. 2025)


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What is Altria Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Altria Group's Goodwill for the quarter that ended in Mar. 2025 was $6,072 Mil. Altria Group's Total Assets for the quarter that ended in Mar. 2025 was $35,760 Mil. Therefore, Altria Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2025 was 0.17.


Altria Group Goodwill-to-Asset Historical Data

The historical data trend for Altria Group's Goodwill-to-Asset 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 Goodwill-to-Asset Chart

Altria Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.13 0.14 0.18 0.20

Altria Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Goodwill-to-Asset 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 0.19 0.20 0.20 0.20 0.17

Competitive Comparison of Altria Group's Goodwill-to-Asset

For the Tobacco subindustry, Altria Group's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset Distribution in the Tobacco Products Industry

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

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


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Altria Group Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Altria Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill to Asset (A: Dec. 2024 )=Goodwill/Total Assets
=6945/35177
=0.20

Altria Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

Goodwill to Asset (Q: Mar. 2025 )=Goodwill/Total Assets
=6072/35760
=0.17

* 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) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Altria Group Goodwill-to-Asset Related Terms

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Altria Group Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, US Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains 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 US with 42% annual share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev and a 41% stake in cannabis manufacturer Cronos. It also acquired vaping company Njoy Holdings in 2023 and operates a joint venture with Japan Tobacco in the heated tobacco category.
Executives
Charles N. Whitaker officer: Sr. VP, Chief HR Off. & CCO 6601 WEST BROAD STREET, RICHMOND VA 23230
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