Altria Group, Inc. (MO) Return on equity 2016–2020
Altria Group, Inc. (MO) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
157.3%FY2020 · since FY2016: 111.5% → 157.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | 157.3% | +178.1 pp |
| FY2019 | -20.8% | -67.9 pp |
| FY2018 | 47.1% | -19.4 pp |
| FY2017 | 66.5% | -45.0 pp |
| FY2016 | 111.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice