01—History
R&D Expense History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $195.0M
YoY changeLargest recent move+35.8%in FY23Latest −6.3%
02—Ledger
R&D Expense, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $195.0M | −6.3% | 10-K | |
| FY2024 | $208.0M | −5.5% | 10-K | |
| FY2023 | $220.0M | +35.8% | 10-K | |
| FY2022 | $162.0M | +11.7% | 10-K | |
| FY2021 | $145.0M | +10.7% | 10-K | |
| FY2020 | $131.0M | −22.0% | 10-K | |
| FY2019 | $168.0M | −33.3% | 10-K | |
| FY2018 | $252.0M | +4.6% | 10-K | |
| FY2017 | $241.0M | +18.7% | 10-K | |
| FY2016 | $203.0M | +9.1% | 10-K | |
| FY2015 | $186.0M | +11.4% | 10-K | |
| FY2014 | $167.0M | +9.2% | 10-K | |
| FY2013 | $153.0M | +12.5% | 10-K | |
| FY2012 | $136.0M | +6.3% | 10-K | |
| FY2011 | $128.0M | −11.1% | 10-K | |
| FY2010 | $144.0M | −18.6% | 10-K | |
| FY2009 | $177.0M | −23.7% | 10-K | |
| FY2008 | $232.0M | — | 10-K |
03—Questions
What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is ALTRIA GROUP, INC.'s current r&d expense?
ALTRIA GROUP, INC. (MO) annual r&d expense for 2025 was $195.0M, a 6.25% decline from 2024.
What was ALTRIA GROUP, INC.'s r&d expense in 2024?
ALTRIA GROUP, INC. annual r&d expense for 2024 was $208.0M, a 5.45% decline from 2023.
What was ALTRIA GROUP, INC.'s r&d expense in 2023?
ALTRIA GROUP, INC. annual r&d expense for 2023 was $220.0M, a 35.80% increase from 2022.
What is ALTRIA GROUP, INC.'s 5-year r&d expense CAGR?
ALTRIA GROUP, INC. r&d expense grew at a compound annual growth rate (CAGR) of 8.28% from FY2020 to FY2025, going from $131.0M to $195.0M over 5 years.
- Company
- ALTRIA GROUP, INC.
- Ticker
- MO
- Sector
- Other
- Industry
- Cigarettes