Altria GroupMEX:MO 66 Pretax Margin % is 60.09% as of Mar. 2026, which is 28% above its 10-year median of 47.11. GuruFocus rates MEX:MO with a GF Score™ of 66/100 and a GF Value™ of MXN951.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 48 Tobacco Products companies, Altria Group ranks better than 95.83% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Altria Group's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN51,555 Mil. Altria Group's Revenue for the
three
months ended in Mar. 2026 was MXN85,800 Mil. Therefore, Altria Group's pretax margin for the quarter that ended in Mar. 2026 was 60.09%.
The historical rank and industry rank for Altria Group's Pretax Margin % or its related term are showing as below:
MEX:MO'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.87 Med: 47.11 Max: 113.01
Current: 51.85
MEX:MO's Pretax Margin % is ranked better than 95.83% of 48
companies
in the Tobacco Products industry
Industry Median: 9.615
vs MEX:MO: 51.85
Altria Group (MEX:MO) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Altria Group Pretax Margin % Related Terms
Altria Group Pretax Margin % Historical Data
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The historical data trend for Altria Group's Pretax Margin % 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.
MEX:MO vs TPB, UVV, AIIR: Pretax Margin % Comparison
For the Tobacco subindustry, Altria Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Altria Group's Pretax Margin % falls into.
* 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 (MEX:MO) has a Pretax Margin % of 60.09% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Altria Group and its competitors. This is 28% above median its historical median of 47.11. Over the past decade, Altria Group's Pretax Margin % has ranged from 3.87 to 113.01. According to the industry distribution chart, Altria Group ranks #2 out of 48 companies in the Tobacco Products industry, placing it in the top 4.2%.
Is Altria Group's Pretax Margin % too high?
Altria Group's current Pretax Margin % of 60.09% is 28% above median its 10-year median of 47.11. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 113.01. The Tobacco Products industry median Pretax Margin % is 9.62. Altria Group's value of 60.09% is 525% above this industry median. Based on the distribution chart, Altria Group ranks #2 out of 48 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Altria Group has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altria Group's Pretax Margin % compare to TPB and UVV?
According to the Tobacco Products industry distribution chart, Altria Group ranks #2 out of 48 companies for Pretax Margin %. This places Altria Group in the top 4% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 9.62. Altria Group's value of 60.09% is 525% above this benchmark. Historically, Altria Group's own Pretax Margin % has ranged from 3.87 to 113.01 over the past decade. While the company's 10-year median is 47.11 vs. the industry median of 9.62, Altria Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Tobacco Products company?
The median Pretax Margin % among Tobacco Products companies is 9.62, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altria Group's current Pretax Margin % of 60.09% is 525% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Altria Group and its competitors. For the Tobacco Products industry, the median Pretax Margin % is 9.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altria Group's current Pretax Margin % is 60.09%, which is 28% above median its own 10-year median of 47.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altria Group stock overvalued right now?
Based on GuruFocus' analysis, Altria Group (MEX:MO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN951.86, compared to a current price of MXN1,290.00 — trading 35.5% above its estimated fair value. The current Pretax Margin % is 60.09%, which is 28% above median its 10-year median of 47.11 and 525% above the Tobacco Products industry median of 9.62. Altria Group's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Altria Group (MEX:MO), the current Pretax Margin % is 60.09% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Altria Group (MEX:MO) Overvalued in 2026?
Based on GuruFocus' analysis, Altria Group stock appears to be overvalued.
The current stock price of MXN1,290.00 is trading 35.5% above its estimated GF Value™ of MXN951.86.
GuruFocus considers Altria Group to be Significantly Overvalued.
Key valuation signals for MEX:MO:
Pretax Margin %: 60.09% (28% above median its 10-year median of 47.11)
GF Value™: MXN951.86 vs. price of MXN1,290.00 (35.5% above fair value)
Industry Position: 525% above the Tobacco Products median (#2 of 48)
No single metric tells the full story. See the MEX:MO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altria comprises Philip Morris USA, U.S. 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 40% 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. In reduced-risk products, it acquired vaping company Njoy Holdings in 2023, operates a joint venture with Japan Tobacco in the heated tobacco category for the US, and sells the On brand in nicotine pouches.
66GF Score
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