ALTRIA GROUP, INC. Interest Expense 2008-2023 | MO
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is ALTRIA GROUP, INC.'s current interest expense?
ALTRIA GROUP, INC. (MO) annual interest expense for 2023 was $1.15B, a 1.86% increase from 2022.
What was ALTRIA GROUP, INC.'s interest expense in 2022?
ALTRIA GROUP, INC. annual interest expense for 2022 was $1.13B, a 5.05% decline from 2021.
What was ALTRIA GROUP, INC.'s interest expense in 2021?
ALTRIA GROUP, INC. annual interest expense for 2021 was $1.19B, a 2.86% decline from 2020.
What is ALTRIA GROUP, INC.'s 5-year interest expense CAGR?
ALTRIA GROUP, INC. interest expense grew at a compound annual growth rate (CAGR) of 10.51% from FY2018 to FY2023, going from $697.0M to $1.15B over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+10.5%
FY2018
$697.0M
→
FY2023
$1.15B
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $1.15B | +1.9% | 10-K |
| FY2022 | $1.13B | -5.1% | 10-K |
| FY2021 | $1.19B | -2.9% | 10-K |
| FY2020 | $1.22B | -7.5% | 10-K |
| FY2019 | $1.32B | +89.7% | 10-K |
| FY2018 | $697.0M | -5.3% | 10-K |
| FY2017 | $736.0M | -2.4% | 10-K |
| FY2016 | $754.0M | -6.7% | 10-K |
| FY2015 | $808.0M | -5.7% | 10-K |
| FY2014 | $857.0M | -18.6% | 10-K |
| FY2013 | $1.05B | -6.6% | 10-K |
| FY2012 | $1.13B | -7.5% | 10-K |
| FY2011 | $1.22B | +7.4% | 10-K |
| FY2010 | $1.14B | -4.5% | 10-K |
| FY2009 | $1.19B | +401.7% | 10-K |
| FY2008 | $237.0M | - | 10-K |