Market cap
$113.4bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
Overall discretionary income pressures on adult nicotine consumers have resulted in increased discount brand share and contributed to evolving adult nicotine consumer preferences, each of which has negatively impacted the sales volumes of certain of our operating companies’ premium brands. Income Taxes (“Note 11”). Six Months Ended June 30, 2026 Compared with Six Months Ended June 30, 2025 Net revenues, which include excise taxes billed to customers, increased $178 million (1.6%), due primarily to higher net revenues in our smokeable products segment. …ALTRIA GROUP, INC., 10-Q, period ended 2026-06-30, filed 2026-07-30