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

$69.70-0.40(-0.01%)After hours

Market Cap

$116.40B

P/E

14.6x

P/S

5.0x

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: 44/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (21/25); weakest: Growth (7/25).

Profitability8/25

Growth7/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality21/25

Strengths

Strong marginsCash-backed earningsConsistent free cash flowNo share dilution

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 · 14.6x5y range 7.7x – 43.1x

Currently near its 20-quarter median.

P/S · 5.0x5y range 2.9x – 5.0x

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 5 quarters. Watch for further erosion.

Price & Volume

Market Cap $116.40B

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $23.46B
Q. Revenue: $6.11B
TTM EBITDA: $11.21B
TTM Op. Income: $10.97B
Q. Op. Income: $3.14B
TTM Net Income: $7.97B
Q. Net Income: $2.30B
EPS: $1.37
Shares Out.: $1.67B

$23.46B in TTM revenue declined 0.6% YoY, reaching $6.11B last quarter. TTM EBITDA of $11.21B and TTM operating income of $10.97B show growth is flowing through to the bottom line. TTM net income of $7.97B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 62.5%
EBITDA Margin: 51.7%
Op. Margin: 51.3%
Net Margin: 37.6%

Op. margin of 51.3% is down 1.6% YoY — costs are rising relative to revenue. Net margin at 37.6% and gross margin of 62.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 3% — a weakening trend.

Price Ratios

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

P/E Ratio: 14.6x
P/S Ratio: 5.0x
P/B Ratio: N/A

At 14.6x P/E, the stock trades below typical market levels. P/S of 5.0x and P/B of 0.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 30% — a weakening trend.

Assets & Liabilities

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

Total Assets: $33.37B
Cash: $2.37B
Long-Term Debt: $22.89B
Book Value: $-2.67B
D/E Ratio: N/A
Debt/EBITDA: 7.2

Cash Flow

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

Op. Cash Flow: $719.00M
TTM Free Cash Flow: $9.11B
FCF Margin: 38.8%
FCF / Net Income: 1.1

TTM FCF of $9.11B on $719.00M 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 up 4% — an improving trend.