Altria Group (MO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Altria Group

NYSE•Consumer Defensive•Tobacco

$77.17-0.86(-0.01%)After hours

Market Cap

$128.80B

P/E

15.9x

P/S

5.5x

Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. It offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and oral tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand. The company sells its products to distributors, as well as large retail organizations, such as chain stores. Altria Group, Inc. was founded in 1822 and is headquartered in Richmond, Virginia.

How this company scores

WeakMetricSide Score: 47/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (18/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability11/25

Growth10/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality18/25

Strengths

Strong marginsCash-backed earningsConsistent free cash flowImproving margins

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.9x5y range 7.7x – 43.1x

Currently near its 20-quarter median.

P/S · 5.5x5y range 2.9x – 5.5x

Currently above its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Revenue Decline

Watch

Revenue has softened, declining in 4 quarters. Watch for further erosion.

Price & Volume

Market Cap $128.80B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $23.52B
Q. Revenue: $6.13B
TTM EBITDA: $11.28B
TTM Op. Income: $11.06B
Q. Op. Income: $3.31B
TTM Net Income: $8.12B
Q. Net Income: $2.52B
EPS: $1.51
Shares Out.: $1.67B

$23.52B in TTM revenue grew 0.5% YoY, reaching $6.13B last quarter. TTM EBITDA of $11.28B and TTM operating income of $11.06B show growth is flowing through to the bottom line. TTM net income of $8.12B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 64.3%
EBITDA Margin: 54.4%
Op. Margin: 54.0%
Net Margin: 41.1%

Op. margin of 54.0% is up 0.8% YoY — cost efficiency is improving. Net margin at 41.1% and gross margin of 64.3% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 2% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.9x
P/S Ratio: 5.5x
P/B Ratio: N/A

At 15.9x P/E, the stock trades within typical market levels. P/S of 5.5x and P/B of 0.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $34.48B
Cash: $2.70B
Long-Term Debt: $22.89B
Book Value: $-2.23B
D/E Ratio: N/A
Debt/EBITDA: 6.9

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $3.11B
TTM Free Cash Flow: $9.07B
FCF Margin: 38.6%
FCF / Net Income: 1.1

TTM FCF of $9.07B on $3.11B in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 1% — a weakening trend.