MO · 10-Q · 2026Q3 · Full report
Net Income and EPS Performance
ALTRIA GROUP, INC. · 2026-10-29 · Importance 52 · Surprise 30 · In source text
For the nine months ended September 30, 2026, reported net earnings attributable to Altria rose 20.1% to $6,999 million from $5,830 million, and diluted EPS increased 21.2% to $4.18 from $3.45. Adjusted net earnings increased 4.0% to $7,245 million, while adjusted diluted EPS rose 5.1% to $4.33. Management attributed the increase in adjusted earnings primarily to higher operating companies income (OCI) and higher income from ABI; fewer shares outstanding contributed $0.04 to diluted EPS.
Key facts
- Altria reported net earnings attributable to Altria of $6,999 million and diluted EPS of $4.18 for the nine months ended September 30, 2026, increases of 20.1% and 21.2%, respectively, year over year. source
- Altria’s reported net earnings attributable to Altria of $6,999 million increased $1,169 million, or 20.1%, for the nine months ended September 30, 2026, primarily due to higher operating income. source
- Altria’s adjusted net earnings attributable to Altria were $7,245 million and adjusted diluted EPS was $4.33 for the nine months ended September 30, 2026, up 4.0% and 5.1%, respectively, year over year. source
- Altria reported net earnings attributable to Altria of $2,518 million and diluted EPS of $1.51 for the three months ended September 30, 2026, increases of 6.0% and 7.1%, respectively, year over year. source
- Altria’s adjusted net earnings attributable to Altria were $2,547 million and adjusted diluted EPS was $1.52 for the three months ended September 30, 2026, up 4.2% and 4.8%, respectively, year over year. source
- Altria’s adjusted net earnings attributable to Altria of $7,245 million increased $279 million, or 4.0%, for the nine months ended September 30, 2026, primarily due to higher OCI and ABI investment income. source
- Altria’s reported net earnings attributable to Altria of $2,518 million increased $143 million, or 6.0%, for the three months ended September 30, 2026, primarily due to favorable equity investment results and higher operating income, partly offset by unfavorable tax items. source
- Altria’s adjusted net earnings attributable to Altria of $2,547 million increased $103 million, or 4.2%, for the three months ended September 30, 2026, primarily due to higher OCI and equity investment income. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +19.1% | Altria’s reported net earnings attributable to Altria of $6,999 million increased $1,169 million, or 20.1%, for the nine months ended… |
| net_income | positive | realized | +4.5% | Altria’s adjusted net earnings attributable to Altria of $7,245 million increased $279 million, or 4.0%, for the nine months ended… |
| net_income | positive | realized | +2.3% | Altria’s reported net earnings attributable to Altria of $2,518 million increased $143 million, or 6.0%, for the three months ended… |
| net_income | positive | realized | +1.7% | Altria’s adjusted net earnings attributable to Altria of $2,547 million increased $103 million, or 4.2%, for the three months ended… |