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Altria MO

US equityMarket cap rank #134
$69.20
+$0.25 (+0.36%)
Market open · Sep 24, 2:00 pm ET
After hours $68.94 -0.02%
Open$69.44
Prev close$68.95
Day range$69.03 – $70.29
Volume4.44M
Market cap$115.54B
P/E (TTM)14.6
Dividend yield6.13%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$5.36B+1.2% YoY
Operating profit$3.16B-2.3% YoY
Net profit$2.30B-3.4% YoY
Diluted EPS$1.37-2.8% YoY
Free cash flow$662.00M+282.7% YoY
Operating cash flow$719.00M

Revenue, last 8 quarters

$5.3BSep '24$5.1BDec '24$4.5BMar '25$5.3BJun '25$5.3BSep '25$5.1BDec '25$4.8BMar '26$5.4BJun '26

Net profit, last 8 quarters

$2.3BSep '24$3.0BDec '24$1.1BMar '25$2.4BJun '25$2.4BSep '25$1.1BDec '25$2.2BMar '26$2.3BJun '26

Diluted EPS by quarter

1.34Sep '241.79Dec '240.63Mar '251.41Jun '251.41Sep '250.67Dec '251.30Mar '261.37Jun '26

Free cash flow by quarter

$2.6BSep '24$3.3BDec '24$2.7BMar '25$173.0MJun '25$3.0BSep '25$3.2BDec '25$2.2BMar '26$662.0MJun '26

Annual revenue

$20.8BFY20$21.1BFY21$20.7BFY22$20.5BFY23$20.4BFY24$20.1BFY25

Profitability & balance sheet

Gross margin72.2%
Operating margin59.9%
Net margin38.9%
Return on assets24.2%
Current ratio0.52
Liabilities / assets107.8%
Cash & investments$2.37B
Total debt$24.58B
Net cash (debt)-$22.21B
Free cash flow / sales44.6%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Smokeable products$5.39B 88.2%
  • Oral tobacco products$713.00M 11.7%
  • All other$6.00M 0.1%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $6.11B $5.43B $23.28B $5.85B $6.07B
Total Operating Revenue $5.36B $4.76B $20.14B $5.08B $5.25B
Cost of Revenue $1.54B $1.25B $5.60B $1.45B $1.44B
Gross Profit $3.82B $3.51B $14.54B $3.63B $3.81B
Operating Expense $663.00M $550.00M $2.51B $720.00M $580.00M
Selling and Admin Expenses $663.00M $550.00M $2.51B $720.00M $580.00M
-Selling & Marketing Expense $663.00M $550.00M – – $580.00M
Operating Profit $3.16B $2.96B $12.04B $2.91B $3.23B
Net Non-Operating Interest Income (Expense) -$295.00M -$258.00M -$1.08B -$264.00M -$278.00M
Non-Operating Interest Expense $295.00M $258.00M $1.18B $362.00M $278.00M
Other Income (Expense) $67.00M $161.00M -$1.57B -$1.13B $121.00M
Earnings from Equity Interest $87.00M $158.00M $510.00M $112.00M $107.00M
Special Income (Charges) -$21.00M $0.00 -$2.14B -$1.26B -$2.00M
-Less:Restructuring and Mergern & Acquisition $21.00M – $978.00M $975.00M $2.00M
-Less:Impairment of Capital Assets $0.00 $0.00 $1.16B $285.00M $0.00
Other Non-Operating Income (Expenses) $1.00M $3.00M $59.00M $14.00M $16.00M
Pretax Profit $2.93B $2.86B $9.39B $1.51B $3.08B
Tax $631.00M $676.00M $2.44B $396.00M $700.00M
Net Profit $2.30B $2.18B $6.95B $1.12B $2.38B
Profit from Continuing Operations $2.30B $2.18B $6.95B $1.12B $2.38B
Net Income to Parent Company $2.30B $2.18B $6.95B $1.12B $2.38B
Other Preferred Stock Dividends $6.00M $5.00M $20.00M $3.00M $6.00M
Net Income to Common Stockholders $2.29B $2.18B $6.93B $1.11B $2.37B
Basic EPS $1.37 $1.30 $4.12 $0.67 $1.41
Diluted EPS $1.37 $1.30 $4.12 $0.67 $1.41
Dividend Per Share $1.06 $1.06 $4.16 $1.06 $1.06
Non-Operating Interest Income – – $98.00M – –
-Less:Write Off – – $978.00M $975.00M $2.00M
-Gain on Sale of Property/Plant/Equipment – – $0.00 $0.00 $0.00

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $33.37B $34.58B $35.02B $35.02B $35.01B
Total Current Assets $4.02B $5.20B $5.93B $5.93B $5.12B
Cash and Cash Equivalents & Short-Term Investments $2.37B $3.53B $4.47B $4.47B $3.47B
-Cash and Cash Equivalents $2.37B $3.53B $4.47B $4.47B $3.47B
Receivables $306.00M $284.00M $263.00M $263.00M $249.00M
-Accounts Receivable $306.00M $284.00M $263.00M $263.00M $249.00M
Inventory $1.06B $1.15B $1.07B $1.07B $1.07B
Other Current Assets $289.00M $241.00M $125.00M $125.00M $333.00M
Total Non-Current Assets $29.35B $29.38B $29.09B $29.09B $29.89B
Net PPE $1.76B $1.73B $1.71B $1.71B $1.62B
-Gross PPE $4.77B $4.71B $4.67B $4.67B $4.55B
-Accumulated Depreciation -$3.01B -$2.98B -$2.96B -$2.96B -$2.93B
Investments and Advances $8.90B $8.95B $8.62B $8.62B $8.39B
-Available for Sale Securities $8.90B $8.95B $8.62B $8.62B $8.39B
Goodwill and Other Intangible Assets $17.64B $17.66B $17.66B $17.66B $18.94B
-Goodwill $5.79B $5.79B $5.79B $5.79B $6.07B
-Other Intangible Assets $11.85B $11.87B $11.88B $11.88B $12.87B
Other Non-Current Assets $1.06B $1.05B $1.10B $1.10B $949.00M
Total Liabilities $35.99B $37.75B $38.47B $38.47B $37.60B
Total Current Liabilities $7.77B $8.41B $9.15B $9.15B $8.29B
Payables $2.46B $2.48B $2.53B $2.53B $2.45B
-Accounts Payable $684.00M $701.00M $750.00M $750.00M $662.00M
-Dividends Payable $1.78B $1.78B $1.78B $1.78B $1.79B
Current Accrued Expenses $3.63B $5.39B $5.05B $5.05B $4.27B
Short-Term Debt and Capital Lease Obligation $1.68B $542.00M $1.57B $1.57B $1.57B
-Current Debt $1.68B $542.00M $1.57B $1.57B $1.57B
Total Non-Current Liabilities $28.22B $29.34B $29.32B $29.32B $29.32B
Long Term Debt and Capital Lease Obligation $22.89B $24.06B $24.14B $24.14B $24.13B
-Long Term Debt $22.89B $24.06B $24.14B $24.14B $24.13B
Non-Current Deferred Liabilities $3.47B $3.46B $3.37B $3.37B $3.46B
Employee Benefits $1.06B $1.06B $1.06B $1.06B $1.06B
Other Non-Current Liabilities $800.00M $759.00M $744.00M $744.00M $660.00M
Total Equity -$2.62B -$3.16B -$3.45B -$3.45B -$2.60B
Stockholders' Equity -$2.67B -$3.21B -$3.50B -$3.50B -$2.65B
Capital Stock $935.00M $935.00M $935.00M $935.00M $935.00M
-Common Stock $935.00M $935.00M $935.00M $935.00M $935.00M
Additional Paid-In Capital $5.90B $5.89B $5.92B $5.92B $5.91B
Retained Earnings $36.38B $35.86B $35.45B $35.45B $36.12B
Less: Treasury Stock $43.51B $43.45B $43.18B $43.18B $42.89B
Gains/Losses Not Affecting Retained Earnings -$2.38B -$2.45B -$2.63B -$2.63B -$2.71B
Minority Interests $50.00M $50.00M $50.00M $50.00M $50.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $719.00M $2.32B $9.29B $3.27B $3.09B
Net cash flow from continuing operations $719.00M $2.32B $9.29B $3.27B $3.09B
Net Income from Continuing Operations $2.30B $2.18B $6.95B $1.12B $2.38B
Gain/Loss from Continuing Operations -$87.00M -$158.00M -$510.00M -$112.00M -$107.00M
Depreciation & Depletion & Amortization $56.00M $56.00M $266.00M $54.00M $70.00M
Deferred Tax -$13.00M $46.00M -$13.00M -$110.00M $64.00M
Other Non-Cash Items $36.00M $46.00M $173.00M -$78.00M $104.00M
Change in Working Capital -$1.77B $151.00M $76.00M $1.12B $593.00M
-Change in Receivables -$23.00M -$20.00M -$86.00M -$14.00M -$10.00M
-Change in Inventory $28.00M -$76.00M -$27.00M -$5.00M -$49.00M
-Change in Payables and Accrued Expense -$1.69B $635.00M -$142.00M $355.00M $882.00M
-Change In Other Working Capital -$82.00M -$388.00M $331.00M $783.00M -$230.00M
Net cash flow from investing -$57.00M -$109.00M -$341.00M -$202.00M -$60.00M
Net Cash Flow from Continuing Investing Activities -$57.00M -$109.00M -$341.00M -$202.00M -$60.00M
Capital Expenditure -$57.00M -$93.00M -$216.00M -$92.00M -$54.00M
Net Other Investing Changes $0.00 -$16.00M -$125.00M -$110.00M -$6.00M
Financing Cash Flow -$1.83B -$3.16B -$7.62B -$2.07B -$849.00M
Net Cash Flow from Continuing Financing Activities -$1.83B -$3.16B -$7.62B -$2.07B -$849.00M
Net Issuance Payments Of Debt $0.00 -$1.07B $385.00M $0.00 $995.00M
Net Common Stock Issuance -$55.00M -$280.00M -$1.00B -$288.00M -$112.00M
Cash Dividends Paid -$1.78B -$1.78B -$6.96B -$1.79B -$1.72B
Net Other Financing Charges $0.00 -$28.00M -$40.00M $0.00 -$11.00M
Ending Cash Balance $2.38B $3.55B $4.49B $4.49B $3.50B
Net Change in Cash -$1.17B -$942.00M $1.33B $996.00M $2.19B
Beginning Cash Balance $3.55B $4.49B $3.16B $3.50B $1.31B
Free Cash Flow $662.00M $2.23B $9.07B $3.18B $3.04B
Net Business Purchase and Sale – – $0.00 $0.00 $0.00
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