Altria Group, Inc.

MO Consumer Defensive Tobacco

Altria Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $23.3 billion, down 3.08% from fiscal 2024.

Revenue
+0.99%
EPS
+6.83%
Free cash flow
−1.35%
Total debt
−6.38%

Quarter to September 2026, against a year earlier

77.63 0.38 −0.49%
Market cap
$129.1B
P/E
16.1×
Fwd P/E
14.1×
Dividend yield
5.53%
F-score
7/9
Altman Z
4.42
Beneish M
−2.45
Dividend safety
38/100

Altria Group, Inc. (MO) Free cash flow margin

Alert me on Free cash flow margin

Altria Group, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 38.6%, down 0.4 percentage points from fiscal 2025 (39.0%). Over the past ten years it has ranged from 14.1% (fiscal 2016) to 44.1% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Tobacco industry median of 1.31% and above the Consumer Defensive sector median of 1.51%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 39.0% 3.13
FY2024 35.9% (8.23)
FY2023 44.1% 8.01
FY2022 36.1% 4.41
FY2021 31.7% 0.48
FY2020 31.2% 0.95
FY2019 30.2% (1.91)
FY2018 32.1% 13.76
FY2017 18.4% 4.25
FY2016 14.1% (7.94)

Against its own ten years

Low 14.1% High 44.1%
Ten-year median 31.7%
Current reading's percentile 91

Free cash flow margin against peers

Company Free cash flow margin
MO Altria Group, Inc. 38.6%
PM Philip Morris International Inc. compare 31.5%
RYM RYTHM, Inc. compare 18.4%
RLX RLX Technology Inc. Sponsored ADR compare 11.8%
TPB Turning Point Brands, Inc. compare 3.87%
UVV Universal Corporation compare 1.31%
AIIR Air Global PLC compare 0.00%
BTI British American Tobacco p.l.c. compare 0.00%
ISPR Ispire Technology Inc. compare −1.38%
Tobacco industry median 1.31%
Consumer Defensive sector median 1.51%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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