Altria Group, Inc. (MO)
Consumer Staples · Tobacco · US stock · S&P 500 component
$75.11
▲ +1.27 (1.72%)
Fair valueFair
$106 +41.0% to fair value
$53fair band $74–$138$159
Day's range
$74.50 – $75.20
52-week range
$52.17 – $75.85
Red flags⚠ Negative equity
About Altria Group, Inc.
Altria Group is a tobacco company whose main business in the United States is the Marlboro cigarette brand through its subsidiary Philip Morris USA. It also sells smokeless tobacco, oral nicotine pouches and cigars, and holds an equity stake in the beer maker Anheuser-Busch InBev. Revenue comes from product sales to wholesalers and retailers. Its operations are shaped by heavy regulation, excise taxes and long-term declines in cigarette volumes.
The company reported revenue of $23.5 billion for the last twelve months, with three-year revenue movement of a decline of 2.5% a year. It reports an operating margin of 46.8%. Capital is used to generate a return on invested capital of 43%. Leverage, measured as net debt to EBITDA, is 2.0 times. The company pays a dividend with a yield of 5.7%. The site's X-Ray Score for the company is 62 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $52.17 – $75.85Volume 9,646,517Daily, split-adjusted
Vitals
Market cap$125.4B
52-week range$52.17 – $75.85
Volume (last day)9,646,517
P/E (TTM)15.8
EBIT / EV yield7.4%
Free-cash-flow yield7.3%
Dividend yield5.7%
Revenue (TTM)$23.5B
Net income (TTM)$8.0B
Operating margin46.8%
Return on capital43.1%
Debt incl. leases$24.6B
Cash & securities$2.4B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$106model spread $99 – $111
Fair
+41.0% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $75
Undervalued < $74Fair $74 – $138Overvalued > $138
10-year DCF (market-scaled)
$109
Peer multiples
$115
Earnings power floor (not blended)
$49
Fundamentals-adjusted multiple
$93
Growth the price implies
2.7%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Staples peers. Open a lens to see the numbers behind it.
Valuation
Strong
80/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield7.4%
Free-cash-flow yield7.3%
Fair value vs price1.4×
Growth
Weak
29/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-2.5%
EPS growth (3y)8.9%
Growth consistency20%
Profitability
Strong
77/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital43.1%
Operating margin46.8%
Gross profitability44.3%
Financial health
Fair
61/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA2.0×
Interest coverNo interest cost
Dividends
Weak
49/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield5.7%
Dividends vs free cash flow79%
Dividend growth1.8%
Quarterly results: last 6 quarters
-5.7%
Mar '25
-1.7%
Jun '25
-3.0%
Sep '25
-2.1%
Dec '25
+3.2%
Mar '26
+0.1%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $6.1B, diluted EPS $1.37.
Fundamentals checklist
● 9 Good · ● 4 Average · ● 3 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldGood
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Average
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioBad
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 63/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $26.0B | $25.1B | $24.5B | $24.0B | $23.3B |
| Operating income | $11.6B | $11.9B | $11.5B | $11.2B | $9.9B |
| Net income | $2.5B | $5.8B | $8.1B | $11.3B | $6.9B |
| Operating cash flow | $8.4B | $8.3B | $9.3B | $8.8B | $9.3B |
| Operating margin | 44.4% | 47.5% | 47.2% | 46.8% | 42.5% |
| Free cash flow | $8.2B | $8.1B | $9.1B | $8.6B | $9.1B |
| Diluted EPS | $1.34 | $3.19 | $4.57 | $6.54 | $4.12 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 0 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 71.42 | Bullish |
| EMA 10 | 71.96 | Bullish |
| SMA 20 | 69.88 | Bullish |
| EMA 20 | 70.61 | Bullish |
| SMA 50 | 68.08 | Bullish |
| EMA 50 | 69.31 | Bullish |
| SMA 100 | 69.04 | Bullish |
| EMA 100 | 68.40 | Bullish |
| SMA 200 | 66.24 | Bullish |
| EMA 200 | 66.07 | Bullish |
Oscillators (daily)
| RSI (14) | 77.57 | Bearish |
| MACD (12, 26) | 1.43 | Bullish |
| Momentum (12) | 11.54 | Bullish |
| Stochastic %K (14) | 93.67 | Bearish |
| Williams %R (14) | -6.33 | Bearish |
| CCI (20) | 176.2 | Bearish |
Pivot points (classic, last session)
S3 73.97 | S2 74.23 | S1 74.67 | Pivot 74.94 | R1 75.38 | R2 75.64 | R3 76.08 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
4.29 USD
Yield on today's price
5.71%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 15 Sep 2026 | 1.1100 |
| 15 Jun 2026 | 1.0600 |
| 25 Mar 2026 | 1.0600 |
| 26 Dec 2025 | 1.0600 |
| 15 Sep 2025 | 1.0600 |
| 16 Jun 2025 | 1.0200 |
| 25 Mar 2025 | 1.0200 |
| 26 Dec 2024 | 1.0200 |
| 16 Sep 2024 | 1.0200 |
| 14 Jun 2024 | 0.9800 |
| 22 Mar 2024 | 0.9800 |
| 20 Dec 2023 | 0.9800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
MO SEC filings
9 Oct 2026
8-KSEC EDGAR
Entered a material agreement
28 Aug 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
30 Jul 2026
10-QSEC EDGAR
Quarterly report
30 Jul 2026
8-KSEC EDGAR
Results of operations
27 May 2026
10-K/ASEC EDGAR
Annual report
18 May 2026
8-KSEC EDGAR
Director or officer change; Shareholder vote results
30 Apr 2026
10-QSEC EDGAR
Quarterly report
30 Apr 2026
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.