Altria Group (MO) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter declined compared to the prior quarter and the same period last year. The trailing twelve-month revenue also decreased from the previous year's total.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter declined compared to the prior quarter and the same period last year. The trailing twelve-month revenue also decreased from the previous year's total.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
-4.9%
Change from the immediately preceding quarter.
Year-over-year
-2.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $5.7B | -2.9% |
| Jun 30, 2023 | $6.5B | -0.5% |
| Sep 30, 2023 | $6.3B | -4.1% |
| Dec 31, 2023 | $6B | -2.2% |
Revenue performance
Reported revenue fell from the immediately preceding quarter, continuing a downward trend seen in recent quarters. The year-over-year comparison also showed a decline.
Quarterly comparison
Compared to the prior quarter, revenue was lower. The decline from the same quarter one year earlier was also evident, though the magnitude of the year-over-year drop was smaller than the sequential change.
What to watch
Monitor whether revenue stabilizes in the coming quarters after consecutive declines.