• Altria average return on tangible equity for 2024 was -41.87, a 28.71% increase from 2023.
• Altria average return on tangible equity for 2023 was -32.53, a 68.72% increase from 2022.
• Altria average return on tangible equity for 2022 was -19.28, a 17.85% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.