Altria Group, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:34:37Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 9.07B | 8.61B | 9.09B | 8.05B | 8.24B | 8.15B |
| EBITDA | 10.16B | 11.53B | 11.82B | 12.14B | 11.80B | 11.13B |
| Working Capital | -3.22B | -4.27B | -5.73B | -1.40B | -2.50B | -1.95B |
| Net Debt | 21.23B | 21.80B | 22.55B | 22.65B | 23.50B | 24.53B |
| Gross Margin | 62.47% | 59.82% | 58.34% | 56.77% | 53.79% | 49.80% |
| Operating Margin | 42.52% | 46.80% | 47.16% | 47.49% | 44.44% | 41.57% |
| Net Margin | 29.84% | 46.90% | 33.21% | 22.97% | 9.51% | 17.08% |
| Return on Equity (ROE) | -198.37% | -503.31% | -229.66% | -145.08% | -154.11% | 157.34% |
| Return on Assets (ROA) | 19.84% | 32.02% | 21.08% | 15.60% | 6.26% | 9.42% |
| Current Ratio | 0.65× | 0.51× | 0.49× | 0.84× | 0.71× | 0.79× |
| Debt-to-Equity | -7.34× | -11.14× | -7.41× | -6.72× | -17.46× | 10.38× |
| Effective Tax Rate | 26.01% | 17.53% | 25.60% | 21.99% | 35.28% | 35.36% |
| Cash Conversion Ratio | 1.34× | 0.78× | 1.14× | 1.43× | 3.40× | 1.88× |
| Accruals Ratio | -0.07× | 0.07× | -0.03× | -0.07× | -0.15× | -0.08× |
| CapEx Coverage | 43.01× | 61.64× | 47.38× | 40.27× | 49.73× | 36.30× |
| Free Cash Flow Per Share | $5.39 | $5.01 | $5.12 | $4.46 | $4.46 | $4.39 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 14.00× | 8.00× | 8.83× | 14.33× | 35.37× | 17.08× |
| P/FCF | 10.69× | 10.43× | 7.89× | 10.24× | 10.62× | 9.35× |
| FCF Yield | 9.35% | 9.59% | 12.68% | 9.76% | 9.42% | 10.70% |
| EV / EBITDA | 11.59× | 9.56× | 7.93× | 8.59× | 9.31× | 9.05× |
| P/S | 4.15× | 3.68× | 2.91× | 3.25× | 3.32× | 2.91× |
| P/B | — | — | — | — | — | 26.84× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 23.28B | 24.02B | 24.48B | 25.10B | 26.01B | 26.15B |
| Cost of Goods and Services Sold | 5.60B | 6.08B | 6.22B | 6.44B | 7.12B | 7.82B |
| Gross Profit | 14.54B | 14.37B | 14.28B | 14.25B | 13.99B | 13.02B |
| Research and Development Expense | 195.00M | 208.00M | 220.00M | 162.00M | 145.00M | 131.00M |
| Operating Income (Loss) | 9.90B | 11.24B | 11.55B | 11.92B | 11.56B | 10.87B |
| Income Tax Expense (Benefit) | 2.44B | 2.39B | 2.80B | 1.63B | 1.35B | 2.44B |
| Net Income (Loss) Attributable to Parent | 6.95B | 11.26B | 8.13B | 5.76B | 2.48B | 4.47B |
| Earnings Per Share, Basic | $4.12 | $6.54 | $4.57 | $3.19 | $1.34 | $2.40 |
| Weighted Average Number of Shares Outstanding, Basic | 1.68B | 1.72B | 1.78B | 1.80B | 1.84B | 1.86B |
| Earnings Per Share, Diluted | $4.12 | $6.54 | $4.57 | $3.19 | $1.34 | $2.40 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.68B | 1.72B | 1.78B | 1.80B | 1.84B | 1.86B |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 4.47B | 3.13B | 3.69B | 4.03B | 4.54B | 4.95B |
| Assets, Current | 5.93B | 4.51B | 5.58B | 7.22B | 6.08B | 7.12B |
| Assets | 35.02B | 35.18B | 38.57B | 36.95B | 39.52B | 47.41B |
| Long-term Debt | 25.71B | 24.93B | 26.23B | 26.68B | 28.04B | 29.47B |
| Liabilities, Current | 9.15B | 8.78B | 11.32B | 8.62B | 8.58B | 9.06B |
| Long-term Debt, Excluding Current Maturities | 24.14B | 23.40B | 25.11B | 25.12B | 26.94B | 27.97B |
| Liabilities | 38.47B | 37.37B | 42.06B | 40.88B | 41.13B | 44.45B |
| Stockholders' Equity Attributable to Parent | -3.50B | -2.24B | -3.54B | -3.97B | -1.61B | 2.84B |
| Common Stock, Shares, Outstanding | 1.67B | 1.69B | 1.76B | 1.79B | 1.82B | 1.86B |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 9.29B | 8.75B | 9.29B | 8.26B | 8.40B | 8.38B |
| Payments to Acquire Property, Plant, and Equipment | 216.00M | 142.00M | 196.00M | 205.00M | 169.00M | 231.00M |
| Net Cash Provided by (Used in) Investing Activities | -341.00M | 2.17B | -1.28B | 782.00M | 1.21B | -143.00M |
| Payments for Repurchase of Common Stock | 1.00B | 3.40B | 1.00B | 1.82B | 1.68B | 0 |
| Net Cash Provided by (Used in) Financing Activities | -7.62B | -11.49B | -8.37B | -9.54B | -10.03B | -5.40B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 2.23B | 3.18B | 5.89B | 2.85B | 2.68B | 3.29B |
| EBITDA | 3.01B | 1.71B | — | — | 1.86B | 2.96B |
| Working Capital | -3.21B | -3.22B | -3.17B | -4.16B | -4.58B | -4.27B |
| Net Debt | 21.07B | 21.23B | 22.23B | 23.43B | 21.33B | 21.80B |
| Gross Margin | 64.59% | 62.11% | 62.78% | 63.09% | 61.78% | 60.33% |
| Operating Margin | 54.46% | 28.24% | 53.20% | 52.93% | 34.00% | 48.24% |
| Net Margin | 40.22% | 19.11% | 39.11% | 38.97% | 20.48% | 50.87% |
| Return on Equity (ROE) | -67.99% | -31.90% | -89.76% | -73.03% | -30.68% | -135.79% |
| Return on Assets (ROA) | 6.31% | 3.19% | 6.78% | 7.35% | 3.01% | 8.64% |
| Current Ratio | 0.62× | 0.65× | 0.62× | 0.39× | 0.57× | 0.51× |
| Debt-to-Equity | -7.66× | -7.34× | -9.71× | -7.59× | -7.42× | -11.14× |
| Effective Tax Rate | 23.64% | 26.17% | 22.76% | 23.73% | 36.01% | -9.43% |
| Cash Conversion Ratio | 1.06× | 2.93× | 2.53× | 1.23× | 2.53× | 1.10× |
| Accruals Ratio | -0.00× | -0.06× | -0.10× | -0.02× | -0.05× | -0.01× |
| CapEx Coverage | 24.99× | 35.55× | 48.54× | 41.79× | 71.58× | 71.06× |
| Free Cash Flow Per Share | $1.33 | $1.89 | $3.51 | $1.70 | $1.59 | $1.92 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 13.78× | 14.00× | 12.61× | 11.34× | 10.05× | 7.98× |
| P/S | 7.90× | 4.15× | 7.92× | 6.97× | 7.11× | 3.68× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 5.43B | 5.85B | 6.07B | 6.10B | 5.26B | 5.97B |
| Cost of Goods and Services Sold | 1.25B | 1.45B | 1.44B | 1.44B | 1.27B | 1.50B |
| Gross Profit | 3.51B | 3.63B | 3.81B | 3.85B | 3.25B | 3.60B |
| Operating Income (Loss) | 2.96B | 1.65B | 3.23B | 3.23B | 1.79B | 2.88B |
| Income Tax Expense (Benefit) | 676.00M | 396.00M | 700.00M | 740.00M | 606.00M | -262.00M |
| Net Income (Loss) Attributable to Parent | 2.18B | 1.12B | 2.38B | 2.38B | 1.08B | 3.04B |
| Earnings Per Share, Basic | $1.30 | $0.67 | $1.41 | $1.41 | $0.63 | $1.79 |
| Weighted Average Number of Shares Outstanding, Basic | 1.67B | 1.68B | 1.68B | 1.68B | 1.69B | 1.72B |
| Earnings Per Share, Diluted | $1.30 | $0.67 | $1.41 | $1.41 | $0.63 | $1.79 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.67B | 1.68B | 1.68B | 1.68B | 1.69B | 1.72B |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 3.53B | 4.47B | 3.47B | 1.29B | 4.73B | 3.13B |
| Assets, Current | 5.20B | 5.93B | 5.12B | 2.63B | 6.08B | 4.51B |
| Assets | 34.58B | 35.02B | 35.01B | 32.33B | 35.76B | 35.18B |
| Long-term Debt | 24.60B | 25.71B | 25.70B | 24.72B | 26.06B | 24.93B |
| Liabilities, Current | 8.41B | 9.15B | 8.29B | 6.79B | 10.65B | 8.78B |
| Long-term Debt, Excluding Current Maturities | 24.06B | 24.14B | 24.13B | 23.65B | 23.43B | 23.40B |
| Liabilities | 37.74B | 38.47B | 37.60B | 35.54B | 39.22B | 37.37B |
| Stockholders' Equity Attributable to Parent | -3.21B | -3.50B | -2.65B | -3.26B | -3.51B | -2.24B |
| Common Stock, Shares, Outstanding | — | 1.67B | — | — | — | 1.69B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 2.32B | 3.27B | 6.02B | 2.92B | 2.72B | 3.34B |
| Payments to Acquire Property, Plant, and Equipment | 93.00M | 92.00M | 124.00M | 70.00M | 38.00M | 47.00M |
| Net Cash Provided by (Used in) Investing Activities | -109.00M | -202.00M | -139.00M | -79.00M | -43.00M | -63.00M |
| Payments for Repurchase of Common Stock | 280.00M | 288.00M | 712.00M | 600.00M | 326.00M | 310.00M |
| Net Cash Provided by (Used in) Financing Activities | -3.16B | -2.07B | -5.54B | -4.69B | -1.08B | -2.05B |
Raw XBRL tagging for a single filing
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Methodology
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