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Altria vs 22nd Century: revenue, profit, margins and growth compared

Altria brought in $23.3B of revenue in fiscal 2025, 22nd Century $17.6M in fiscal 2025. Revenue changed by -3.1% at Altria and -27.9% at 22nd Century on the year before, so Altria grew faster. Altria kept 29.8% of its revenue as net profit, 22nd Century -28.7%. Free cash flow was $9.1B at Altria and -$7.8M at 22nd Century.

Side by side, latest fiscal year

MOXXII
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$23.3B$17.6M
Revenue growth-3.1%-27.9%
Net income$6.9B-$5.1M
Net margin29.8%-28.7%
Free cash flow$9.1B-$7.8M
Free cash flow margin39.0%-44.3%
Earnings per share (diluted)$4.12-$52.87
Cash$4.5B$7.1M
Debt$25.7B$708K
Price to earnings16.7n/a
Market value$114.9B$949.6K
Dividend yield6.04%n/a
Rank by revenue in sector#26 of 646 · Health care#443 of 646 · Health care

Over the years

Revenue
MO FY2018: $25.4BMO FY2019: $25.1BMO FY2020: $26.2BMO FY2021: $26BMO FY2022: $25.1BMO FY2023: $24.5BMO FY2024: $24BMO FY2025: $23.3BXXII FY2018: $26.4MXXII FY2019: $25.8MXXII FY2020: $28.1MXXII FY2021: $30.9MXXII FY2022: $40.5MXXII FY2023: $32.2MXXII FY2024: $24.4MXXII FY2025: $17.6MFY18FY19FY20FY21FY22FY23FY24FY25
MO $23.3BXXII $17.6M
Net income
MO FY2018: $7BMO FY2019: -$1.3BMO FY2020: $4.5BMO FY2021: $2.5BMO FY2022: $5.8BMO FY2023: $8.1BMO FY2024: $11.3BMO FY2025: $6.9BXXII FY2018: -$8MXXII FY2019: -$26.6MXXII FY2020: -$19.7MXXII FY2021: -$32.6MXXII FY2022: -$59.8MXXII FY2023: -$140.8MXXII FY2024: -$15.2MXXII FY2025: -$5.1MFY18FY19FY20FY21FY22FY23FY24FY25
MO $6.9BXXII -$5.1M
Net margin
MO FY2018: 27.5%MO FY2019: -5.1%MO FY2020: 17.1%MO FY2021: 9.5%MO FY2022: 23.0%MO FY2023: 33.2%MO FY2024: 46.9%MO FY2025: 29.8%XXII FY2018: -30.1%XXII FY2019: -102.8%XXII FY2020: -70.1%XXII FY2021: -105.4%XXII FY2022: -147.7%XXII FY2023: -437.1%XXII FY2024: -62.2%XXII FY2025: -28.7%FY18FY19FY20FY21FY22FY23FY24FY25
MO 29.8%XXII -28.7%
Revenue growth
MO FY2019: -1.0%MO FY2020: +4.2%MO FY2021: -0.5%MO FY2022: -3.5%MO FY2023: -2.4%MO FY2024: -1.9%MO FY2025: -3.1%XXII FY2019: -2.2%XXII FY2020: +8.8%XXII FY2021: +10.1%XXII FY2022: +30.9%XXII FY2023: -20.5%XXII FY2024: -24.3%XXII FY2025: -27.9%FY19FY20FY21FY22FY23FY24FY25
MO -3.1%XXII -27.9%
Free cash flow
MO FY2018: $8.2BMO FY2019: $7.6BMO FY2020: $8.2BMO FY2021: $8.2BMO FY2022: $8.1BMO FY2023: $9.1BMO FY2024: $8.6BMO FY2025: $9.1BXXII FY2019: -$15.1MXXII FY2020: -$15.7MXXII FY2021: -$23.6MXXII FY2022: -$55.4MXXII FY2023: -$59.6MXXII FY2024: -$14.5MXXII FY2025: -$7.8MFY18FY19FY20FY21FY22FY23FY24FY25
MO $9.1BXXII -$7.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Altria and 22nd Century

Which is bigger by revenue, Altria or 22nd Century?

Altria is bigger by revenue: $23.3B in fiscal 2025, against $17.6M for 22nd Century in fiscal 2025.

Which keeps more of its revenue as profit, Altria or 22nd Century?

Altria had a net margin of 29.8% in fiscal 2025; 22nd Century had -28.7% in fiscal 2025.

Which grew revenue faster, Altria or 22nd Century?

In their latest fiscal years revenue changed by -3.1% at Altria and -27.9% at 22nd Century.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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