---
schema_version: "secwatch.filing_event.v1"
accession: "0000764180-23-000012"
form_type: "8-K"
ticker: "MO"
cik: "0000764180"
company_name: "ALTRIA GROUP, INC."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:22:54.764277+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Altria Q4 adj EPS $1.18 (+8.3%); guides FY23 adj EPS $4.98-$5.13

## Summary
- Q4 adjusted diluted EPS $1.18, up 8.3% YoY; full-year adjusted EPS $4.84, up 5.0%.
- Net revenues Q4 $6.1B (-2.3%), full-year $25.1B (-3.5%); cigarette shipment volume down 12.1% in Q4.
- Board authorized new $1B share repurchase program, expected to complete by Dec 31, 2023.
- FY23 guidance: adjusted diluted EPS $4.98-$5.13 (3%-6% growth); adjusted effective tax rate 24.5%-25.5%.
- Investment in JUUL fair value $250M at Dec 31, 2022; recorded $1.5B pre-tax unrealized loss in 2022.

## SEC filing metadata
- accession: 0000764180-23-000012
- form_type: 8-K
- ticker: MO
- cik: 0000764180
- company_name: ALTRIA GROUP, INC.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764180/000076418023000012/0000764180-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764180/000076418023000012/mo-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000764180-23-000012
- JSON: https://secwatch.observer/filing/0000764180-23-000012.json
- Plain text: https://secwatch.observer/filing/0000764180-23-000012.txt

## Key facts
- Earnings Releases
  ALTRIA GROUP, INC. reported Q4 2022 results: revenue $6,111, EPS $1.18.
  - Period: Q4 2022
  - Revenue: $6,111
  - EPS: $1.18
  - Result: reported results
  source text: Q4 2022 Change vs. Q4 2021 Full Year 2022 Change vs. Full Year 2021 Net revenues $6,111 (2.3)% $25,096 (3.5)% Revenues net of excise taxes $5,083 (0.1)% $20,688 (2.0)% Reported tax rate 0.5% (28.3) pp 22.0% (13.3) pp Adjusted tax rate 25.0% (0.5) pp 24.9% (0.2) pp Reported diluted EPS 2 $1.50 70.5% $3.19 100%+ Adjusted diluted EPS 2 $1.18 8.3% $4.84 5.0%
  evidence_url: https://www.sec.gov/Archives/edgar/data/764180/000076418023000012/0000764180-23-000012-index.htm
- Earnings Releases
  ALTRIA GROUP, INC. reported 2023 Full-Year results: EPS $4.98 to $5.13. Guidance initiated.
  - Period: 2023 Full-Year
  - EPS: $4.98 to $5.13
  - Guidance: initiated
  - Result: guidance update
  source text: We expect to deliver 2023 full-year adjusted diluted EPS in a range of $4.98 to $5.13, representing a growth rate of 3% to 6% from a base of $4.84 in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/764180/000076418023000012/0000764180-23-000012-index.htm
- Earnings Releases
  ALTRIA GROUP, INC. reported Full Year 2022 results: revenue $25,096, EPS $4.84.
  - Period: Full Year 2022
  - Revenue: $25,096
  - EPS: $4.84
  - Result: reported results
  source text: Q4 2022 Change vs. Q4 2021 Full Year 2022 Change vs. Full Year 2021 Net revenues $6,111 (2.3)% $25,096 (3.5)% Revenues net of excise taxes $5,083 (0.1)% $20,688 (2.0)% Reported tax rate 0.5% (28.3) pp 22.0% (13.3) pp Adjusted tax rate 25.0% (0.5) pp 24.9% (0.2) pp Reported diluted EPS 2 $1.50 70.5% $3.19 100%+ Adjusted diluted EPS 2 $1.18 8.3% $4.84 5.0%
  evidence_url: https://www.sec.gov/Archives/edgar/data/764180/000076418023000012/0000764180-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.