Altria Group (MIL:1MO) Tax Rate % : 24.22% (As of Sep. 2024)

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What is Altria Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Altria Group's Tax Expense for the three months ended in Sep. 2024 was €660 Mil. Altria Group's Pre-Tax Income for the three months ended in Sep. 2024 was €2,726 Mil. Therefore, Altria Group's Tax Rate % for the quarter that ended in Sep. 2024 was 24.22%.

Altria Group Tax Rate % Historical Data

The historical data trend for Altria Group's Tax Rate % 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 Tax Rate % Chart

Altria Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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269.45

35.36

35.28

21.99

25.60

Altria Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															25.52	24.68	22.27	25.66	24.22

Altria Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Altria Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	2565.766	/	10020.976
	=	25.60 %

Altria Group's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	660.433	/	2726.426
	=	24.22 %

Altria Group Tax Rate % Related Terms

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Altria Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Altria Group Inc (MIL:1MO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MO:USA MO:Mexico PHM7d:UK 0R31:UK PHM7:Germany PHM7:Germany PHM7:Germany PHM7:Germany MO:Chile MOOO34:Brazil PHM7:Bulgaria ALTR:Austria MO:Argentina

Address

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

Website

https://www.altria.com

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 2023. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and operates a joint venture with Japan Tobacco in the heated tobacco category. It also recently disposed of its investment in Juul Labs.

Altria Group Headlines

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