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MARKETS / COMPARE / MO VS TPB

MO vs TPB

Altria Group, Inc. and Turning Point Brands, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

MO vs TPB, at a glance
Metric MO TPB
Revenue$23.3B$463.1M
Net income$6.9B$58.2M
Gross margin62.5%57.1%
Net margin29.8%14.7%
Return on equity·20.7%
Diluted EPS$4.12$3.11
Dividend / share$4.16$0.30
Payout ratio100.2%9.5%
Free cash flow$9.1B$43.8M
Equity$-3.5B·
Net debt / equity·0.19×
Current ratio0.65×5.56×
Revenue CAGR 5y−2.3%2.7%
Profit CAGR 5y9.2%8.8%

MO bills 50.3× the revenue of TPB, and keeps more of each dollar of revenue as profit (29.8% against 14.7%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

MO vs TPB, revenue by year
Fiscal year MO TPB
FY2025$23.3B$463.1M
FY2024$24.0B$360.7M
FY2023$24.5B$325.1M
FY2022$25.1B$321.2M
FY2021$26.0B$445.5M
FY2020$26.2B$405.1M
FY2019$25.1B$362.0M
FY2018$25.4B$332.7M
FY2017$25.6B$285.8M
FY2016$25.7B$206.2M
Net income by year

Bottom line

MO vs TPB, net income by year
Fiscal year MO TPB
FY2025$6.9B$58.2M
FY2024$11.3B$39.8M
FY2023$8.1B$38.5M
FY2022$5.8B$11.6M
FY2021$2.5B$52.1M
FY2020$4.5B$38.2M
FY2019$-1.3B$16.2M
FY2018$7.0B$25.3M
FY2017$10.2B$20.2M
FY2016$14.2B$26.9M
Revenue gap over time

12 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025+$22,815,938,000MO
FY2024+$23,657,340,000MO
FY2023+$24,157,936,000MO
FY2022+$24,774,771,000MO
FY2021+$25,567,529,000MO
FY2020+$25,747,889,000MO
FY2019+$24,748,011,000MO
FY2018+$25,031,317,000MO
FY2017+$25,290,223,000MO
FY2016+$25,537,772,000MO
FY2015+$25,236,744,000MO
FY2014+$24,321,671,000MO

MO has reported the higher revenue in every one of these 12 fiscal years. The gap has narrowed since the earliest year compared.

12 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

12 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+15.1 ppMO
FY2024+35.7 ppMO
FY2023+21.6 ppMO
FY2022+19.5 ppMO
FY2021−2.0 ppTPB
FY2020+7.6 ppMO
FY2019−9.7 ppTPB
FY2018+19.9 ppMO
FY2017+33.1 ppMO
FY2016+42.3 ppMO
FY2015+23.2 ppMO
FY2014+42.9 ppMO

The higher net margin has changed hands between MO and TPB over this period.

12 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

MO's net margin has been more volatile than TPB's over the 12 comparable fiscal years — 15.5 percentage points of standard deviation against 7.4.

12 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between MO and TPB over these 12 fiscal years — MO led in 10 and TPB in 2.

12 of 19 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

MO's return on equity has been more volatile than TPB's over the 4 comparable fiscal years — 41.1 percentage points of standard deviation against 10.6.

4 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between MO and TPB over these 4 fiscal years — MO led in 3 and TPB in 1.

4 of 19 comparable fiscal years — a year missing data on either side is not counted.

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The companies

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