Altria Group, Inc. (MO) Return on Invested Capital (ROIC): 42.95%
Is Altria Group, Inc.’s return on invested capital (ROIC) high or low?
Altria Group, Inc.'s return on invested capital (ROIC) of 42.95% is 44% above its 5-year average of 29.75%, near the high end of its 5-year range (17.64%–42.95%).
As of Sunday, June 14, 2026. 12.80% above its 12-month average of 38.08%.
MO Return on Invested Capital (ROIC) Chart
MO Average Return on Invested Capital (ROIC) Chart
MO Current vs Average Return on Invested Capital (ROIC) Chart
MO Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
42.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
38.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
34.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
29.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
19.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
18.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
16.19%
CURRENT VS TTM AVG
+12.80%
CURRENT VS 3Y AVG
+24.92%
CURRENT VS 5Y AVG
+44.35%
CURRENT VS 10Y AVG
+121.91%
CURRENT VS 15Y AVG
+135.29%
CURRENT VS 20Y AVG
+165.33%
MO Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Altria Group, Inc. (MO) | $120.13B | 42.95% | 38.08% | 34.38% | 29.75% |
| Monster Beverage Corporation (MNST) | $90.79B | 21.74% | 21.92% | 19.60% | 20.74% |
| Anheuser-Busch InBev SA/NV (BUD) | $160.41B | 6.32% | 6.27% | 6.16% | 5.06% |
| Colgate-Palmolive Company (CL) | $71.58B | 30.34% | 30.45% | 27.00% | 26.68% |
| Target Corporation (TGT) | $61.42B | 9.76% | 10.43% | 10.92% | 12.67% |
| Keurig Dr Pepper Inc. (KDP) | $43.14B | 5.62% | 5.39% | 5.34% | 5.09% |
| PepsiCo, Inc. (PEP) | $197.21B | 13.29% | 13.51% | 13.40% | 12.79% |
| The Kroger Co. (KR) | $39.90B | 4.70% | 6.45% | 6.53% | 7.44% |
| Sysco Corporation (SYY) | $37.87B | 13.03% | 14.02% | 14.34% | 13.24% |
| Kimberly-Clark Corporation (KMB) | $33.95B | 17.62% | 21.69% | 19.65% | 19.56% |
Capital Efficiency
ROIC
43.0%
ROE
-198.4%
Altria Group, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Altria Group, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Altria Group, Inc. (MO)?
- The return on invested capital (ROIC) for MO stock is 42.95%.
- Is Altria Group, Inc.'s return on invested capital (ROIC) high or low?
- Altria Group, Inc.'s return on invested capital (ROIC) of 42.95% is 44% above its 5-year average of 29.75%, near the high end of its 5-year range (17.64%–42.95%).
- What is the TTM average return on invested capital (ROIC) for Altria Group, Inc. (MO)?
- The TTM average return on invested capital (ROIC) for MO stock is 38.08%.
- What is the 3Y average return on invested capital (ROIC) for Altria Group, Inc. (MO)?
- The 3Y average return on invested capital (ROIC) for MO stock is 34.38%.
- What is the 5Y average return on invested capital (ROIC) for Altria Group, Inc. (MO)?
- The 5Y average return on invested capital (ROIC) for MO stock is 29.75%.
- What is the 10Y average return on invested capital (ROIC) for Altria Group, Inc. (MO)?
- The 10Y average return on invested capital (ROIC) for MO stock is 19.35%.
- What is the 15Y average return on invested capital (ROIC) for Altria Group, Inc. (MO)?
- The 15Y average return on invested capital (ROIC) for MO stock is 18.25%.
- What is the 20Y average return on invested capital (ROIC) for Altria Group, Inc. (MO)?
- The 20Y average return on invested capital (ROIC) for MO stock is 16.19%.
Altria Group, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 42.95% |
| 2024-12-31 | 33.20% |
| 2023-12-31 | 30.28% |
| 2022-12-31 | 31.10% |
| 2021-12-31 | 23.35% |
| 2020-12-31 | 17.64% |
| 2019-12-31 | -41.56% |
| 2018-12-31 | 14.08% |
| 2017-12-31 | 25.74% |
| 2016-12-31 | 14.81% |
| 2015-12-31 | 21.31% |
| 2014-12-31 | 17.87% |
| 2013-12-31 | 18.64% |
| 2012-12-31 | 16.41% |
| 2011-12-31 | 12.33% |
| 2010-12-31 | 13.91% |
| 2009-12-31 | 12.20% |
| 2008-12-31 | 15.59% |
| 2007-12-31 | 7.05% |
| 2006-12-31 | 3.64% |
| 2005-12-31 | 9.40% |
| 2004-12-31 | 12.45% |
| 2003-12-31 | 13.13% |
| 2002-12-31 | 15.07% |
| 2001-12-31 | 14.40% |
| 2000-12-31 | 14.54% |
| 1999-12-31 | 17.88% |
| 1998-12-31 | 17.32% |
| 1997-12-31 | 18.34% |
| 1996-12-31 | 16.49% |
Related Metrics
About Altria Group, Inc.
Operating across the United States through its subsidiaries, Altria Group, Inc. is a prominent manufacturer and marketer of both combustible and oral tobacco items. Its portfolio features cigarettes, primarily under the iconic Marlboro brand, alongside cigars and pipe tobacco mainly offered as Black & Mild. The enterprise further provides an assortment of moist smokeless tobacco products, including Copenhagen, Skoal, Red Seal, and Husky, in addition to its on! brand of oral nicotine pouches. Altria distributes its merchandise chiefly to wholesale partners, such as independent distributors, and directly to substantial retail organizations, including major chain stores. The corporation, founded in 1822, maintains its principal offices in Richmond, Virginia.
- Sector
- Consumer Defensive
- Industry
- Tobacco
- CEO
- William F. Gifford Jr.