Flagship explainer

How ALTRIA GROUP, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$23.3B · 100%Cost of revenue$5.6B · 24%Gross profit$14.5B · 62%Operating income$9.9B · 43%Income before tax$9.4B · 40%Income tax$2.4B · 10%Net income$6.9B · 30%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$23.3B100%
Cost of revenue$5.6B24%
$14.5B62%
$9.9B43%
Income before tax$9.4B40%
Income tax$2.4B10%
$6.9B30%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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