10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Altria Group's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 84.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Altria Group's 10-Year ROIIC % or its related term are showing as below:
XSWX:MO's 10-Year ROIIC % is ranked better than 85.37% of 41
companies
in the Tobacco Products industry
Industry Median: 14.74
vs XSWX:MO: 84.73
Altria Group (XSWX:MO) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Altria Group 10-Year ROIIC % Related Terms
Altria Group 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Altria Group's 10-Year ROIIC % 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.
XSWX:MO vs TPB, UVV, AIIR: 10-Year ROIIC % Comparison
For the Tobacco subindustry, Altria Group's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Altria Group's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Altria Group's 10-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Altria Group (XSWX:MO) has a 10-Year ROIIC % of 84.73 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Altria Group and its competitors. According to the industry distribution chart, Altria Group ranks #6 out of 41 companies in the Tobacco Products industry, placing it in the top 14.6%.
Is Altria Group's 10-Year ROIIC % too high?
Altria Group's current 10-Year ROIIC % is 84.73. The Tobacco Products industry median 10-Year ROIIC % is 14.74. Altria Group's value of 84.73 is 474.8% above this industry median. Based on the distribution chart, Altria Group ranks #6 out of 41 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 74/100, reflecting its overall financial health beyond just this single metric.
How does Altria Group's 10-Year ROIIC % compare to TPB and UVV?
According to the Tobacco Products industry distribution chart, Altria Group ranks #6 out of 41 companies for 10-Year ROIIC %. This places Altria Group in the top 15% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 14.74. Altria Group's value of 84.73 is 474.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Tobacco Products company?
The median 10-Year ROIIC % among Tobacco Products companies is 14.74, based on 41 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altria Group's current 10-Year ROIIC % of 84.73 is 474.8% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Altria Group and its competitors. For the Tobacco Products industry, the median 10-Year ROIIC % is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altria Group's current 10-Year ROIIC % is 84.73. 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?
Altria Group (XSWX:MO) has a current 10-Year ROIIC % of 84.73. The stock's GF Value™ is CHF44.03, compared to a current price of CHF57.80 — trading 31.3% above its estimated fair value. The current 10-Year ROIIC % is 84.73 and 474.8% above the Tobacco Products industry median of 14.74. Altria Group's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Altria Group (XSWX:MO), the current 10-Year ROIIC % is 84.73 as of Dec. 2025. 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 (XSWX:MO) Overvalued in 2026?
Based on GuruFocus' analysis, Altria Group stock appears to be overvalued.
The current stock price of CHF57.80 is trading 31.3% above its estimated GF Value™ of CHF44.03.
Key valuation signals for XSWX:MO:
10-Year ROIIC %: 84.73
GF Value™: CHF44.03 vs. price of CHF57.80 (31.3% above fair value)
Industry Position: 474.8% above the Tobacco Products median (#6 of 41)
No single metric tells the full story. See the XSWX: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.
74GF Score
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