Altria reported FY 2025 net earnings of USD 6.9 billion (-38.3%) and diluted EPS of USD 4.12 (-37.0%). On an adjusted basis, net earnings were USD 9.1 billion (+2.4%) and adjusted diluted EPS was USD 5.42 (+4.4%). Net revenues were USD 23.3 billion (-3.1%) and operating income was USD 9.9 billion (-11.9%). Net cash provided by operating activities was USD 9.3 billion (vs. USD 8.8 billion in FY 2024). By segment, FY 2025 net revenues were USD 20.5 billion for Smokeable Products (-3.4%) and USD 2.8 billion for Oral Tobacco Products (+0.9%); E-vapor Products reported no net revenues (USD -13 million), alongside reported OCI of USD -2.3 billion (vs. USD -171 million in FY 2024), reflecting non-cash impairments. Altria recorded FY 2025 non-cash, pre-tax impairments of USD 970 million for e-vapor definite-lived intangible assets and USD 1.2 billion for e-vapor goodwill (USD 1.2 billion total goodwill impairment in FY 2025), driven primarily by lower projected volume and revenue tied to expectations of protracted ineffective enforcement against illicit flavored disposable e-vapor products. The company ended FY 2025 with USD 4.5 billion in cash and cash equivalents and reported a debt-to-Consolidated EBITDA ratio of 2.0. Corporate updates included a 3.9% increase in the quarterly dividend to USD 1.06 per share (annualized USD 4.24) and a USD 1.0 billion expansion of its share repurchase authorization to USD 2.0 billion, now expiring December 31, 2026. Altria also said it continues to expect cumulative savings of at least USD 600 million by end of 2029 from its multi-phase Optimize & Accelerate initiative, with estimated pre-tax charges of approximately USD 175 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altria Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000764180-26-000017), on February 25, 2026, and is solely responsible for the information contained therein.