20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Altria Group (MO) operates in the Tobacco industry and is headquartered in Richmond, United States with about 5,900 employees. Its market capitalization is roughly $122 billion. In the fiscal year ended 2025-12-31, MO reported $20.1B in revenue and $6.9B in net income.
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States.
Interactive charts & full statements → Open the MO valuation workbench →
| Income statement | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $21.8B | $20.1B | $20.4B | $24.5B | $25.1B | $26.0B | $26.2B | $25.1B | $25.4B | $19.5B | $19.3B | $18.9B | $17.9B | $17.7B | $17.5B | $16.6B | $16.9B | $16.8B | $16.0B | $38.1B | $70.3B |
| Gross Profit | $14.8B | $17.4B | $14.4B | $14.3B | $14.2B | $14.0B | $13.0B | $12.7B | $12.3B | $12.0B | $11.6B | $11.1B | $10.2B | $10.5B | $9.6B | $8.9B | $9.2B | $8.8B | $7.7B | $21.5B | $32.8B |
| Gross Margin % | 67.8% | 86.6% | 70.3% | 58.3% | 56.8% | 53.8% | 49.8% | 50.6% | 48.3% | 61.3% | 59.9% | 59.0% | 56.6% | 59.2% | 54.6% | 53.8% | 54.4% | 52.5% | 48.2% | 56.5% | 46.7% |
| Operating Income (EBIT) | $11.1B | $15.1B | $11.2B | $12.3B | $11.9B | $11.6B | $10.9B | $10.3B | $9.1B | $9.6B | $8.8B | $8.4B | $7.6B | $8.1B | $7.3B | $6.1B | $6.2B | $5.5B | $4.9B | $13.2B | $17.4B |
| Operating Margin % | 50.7% | 74.8% | 55.0% | 50.3% | 47.5% | 44.4% | 41.6% | 41.1% | 35.9% | 49.0% | 45.3% | 44.4% | 42.5% | 45.8% | 41.4% | 36.5% | 36.9% | 32.5% | 30.6% | 34.8% | 24.8% |
| Net Income | $8.1B | $6.9B | $11.3B | $8.1B | $5.8B | $2.5B | $4.5B | ($1.3B) | $7.0B | $10.2B | $14.2B | $5.2B | $5.1B | $4.5B | $4.2B | $3.4B | $3.9B | $3.2B | $4.9B | $9.8B | $12.0B |
| Net Margin % | 36.9% | 34.5% | 55.1% | 33.2% | 23.0% | 9.5% | 17.1% | -5.1% | 27.5% | 52.4% | 73.6% | 27.8% | 28.2% | 25.7% | 23.9% | 20.4% | 23.1% | 19.1% | 30.9% | 25.7% | 17.1% |
| EBITDA | $11.9B | $10.8B | $15.1B | $12.3B | $8.7B | $5.3B | $8.4B | $2.3B | $10.3B | $10.8B | $22.8B | $9.1B | $8.8B | $8.2B | $7.8B | $7.1B | $7.1B | $6.4B | $7.1B | $14.9B | $18.2B |
| Earnings Per Share (EPS) | $4.79 | $4.14 | $6.56 | $4.58 | $3.20 | $1.34 | $2.40 | $-0.69 | $3.69 | $5.32 | $7.29 | $2.67 | $2.56 | $2.26 | $2.06 | $1.64 | $1.88 | $1.55 | $2.36 | $4.62 | $5.71 |
| Shares Outstanding (M) | 1,673M | 1,677M | 1,718M | 1,777M | 1,804M | 1,845M | 1,859M | 1,869M | 1,888M | 1,921M | 1,952M | 1,963M | 1,980M | 2,007M | 2,029M | 2,064M | 2,079M | 2,071M | 2,089M | 2,116M | 2,105M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $5.4B | $5.8B | $5.3B | $5.3B | $4.5B | $5.1B | $5.3B | $5.3B |
| Gross Profit | $3.5B | $3.6B | $3.8B | $3.9B | $3.2B | $3.6B | $3.8B | $3.7B |
| Gross Margin % | 64.6% | 62.1% | 72.6% | 72.8% | 71.9% | 70.6% | 71.3% | 69.6% |
| Operating Income (EBIT) | $3.0B | $1.7B | $3.2B | $3.2B | $1.8B | $2.9B | $3.2B | $2.5B |
| Operating Margin % | 54.5% | 28.2% | 61.5% | 61.1% | 39.6% | 56.4% | 59.0% | 48.0% |
| Net Income | $2.2B | $1.1B | $2.4B | $2.4B | $1.1B | $3.0B | $2.3B | $3.8B |
| Net Margin % | 40.2% | 19.1% | 45.2% | 45.0% | 23.8% | 59.5% | 42.9% | 72.1% |
| EBITDA | $3.2B | $1.8B | $3.4B | $3.5B | $2.0B | $3.2B | $3.4B | $5.5B |
| Earnings Per Share (EPS) | $1.30 | $0.67 | $1.41 | $1.41 | $0.64 | $1.79 | $1.35 | $2.21 |
| Shares Outstanding (M) | 1,673M | 1,677M | 1,684M | 1,684M | 1,690M | 1,694M | 1,703M | 1,718M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $8.9B | $9.3B | $8.8B | $9.3B | $8.3B | $8.4B | $8.4B | $7.8B | $8.4B | $4.9B | $3.8B | $5.8B | $4.7B | $4.4B | $3.9B | $3.6B | $2.8B | $3.4B | $4.9B | $10.3B | $13.6B |
| Capital Expenditures (CapEx) | $271M | $216M | $142M | $196M | $205M | $169M | $231M | $246M | $238M | $199M | $189M | $229M | $163M | $131M | $124M | $105M | $168M | $273M | $241M | $1.5B | $2.5B |
| Free Cash Flow (FCF) | $8.6B | $9.1B | $8.6B | $9.1B | $8.1B | $8.2B | $8.2B | $7.6B | $8.2B | $4.7B | $3.6B | $5.6B | $4.5B | $4.2B | $3.8B | $3.5B | $2.6B | $3.2B | $4.6B | $8.8B | $11.1B |
| FCF Margin % | 39.5% | 45.1% | 42.1% | 37.1% | 32.1% | 31.7% | 31.2% | 30.2% | 32.1% | 24.2% | 18.6% | 29.6% | 25.1% | 24.0% | 21.6% | 21.1% | 15.4% | 18.8% | 29.1% | 23.2% | 15.8% |
| Dividends Paid | $7.0B | $7.0B | $6.8B | $6.8B | $6.6B | $6.4B | $6.3B | $6.1B | $5.4B | $4.8B | $4.5B | $4.2B | $3.9B | $3.6B | $3.4B | $3.2B | $3.0B | $2.7B | $4.4B | $6.7B | $6.8B |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $2.3B | $3.3B | $3.1B | $205M | $2.7B | $3.3B | $2.6B | ($75M) |
| Capital Expenditures (CapEx) | $93M | $92M | $54M | $32M | $38M | $47M | $31M | $29M |
| Free Cash Flow (FCF) | $2.2B | $3.2B | $3.0B | $173M | $2.7B | $3.3B | $2.6B | ($104M) |
| FCF Margin % | 41.1% | 54.4% | 57.9% | 3.3% | 59.4% | 64.5% | 48.3% | -2.0% |
| Dividends Paid | $1.8B | $1.8B | $1.7B | $1.7B | $1.7B | $1.7B | $1.7B | $1.7B |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $34.6B | $35.0B | $35.2B | $38.6B | $37.0B | $39.5B | $47.4B | $49.3B | $55.6B | $43.2B | $45.9B | $32.5B | $34.5B | $34.9B | $35.3B | $37.0B | $37.4B | $36.7B | $27.2B | $57.2B | $104.3B |
| Cash & Cash Equivalents | $3.5B | $4.5B | $3.1B | $3.7B | $4.0B | $4.5B | $4.9B | $2.1B | $1.3B | $1.3B | $4.6B | $2.4B | $3.3B | $3.2B | $2.9B | $3.3B | $2.3B | $1.9B | $7.9B | $4.8B | $4.8B |
| Total Liabilities | $37.7B | $38.5B | $37.4B | $42.1B | $40.9B | $41.1B | $44.5B | $43.0B | $40.8B | $27.8B | $33.2B | $29.7B | $31.5B | $30.7B | $32.2B | $33.2B | $32.2B | $32.6B | $24.4B | $38.7B | $61.1B |
| Total Debt (Short + Long-Term) | $24.6B | $25.7B | $24.9B | $26.2B | $26.7B | $28.0B | $29.5B | $28.0B | $25.7B | $13.9B | $27.8B | $12.9B | $14.7B | $14.5B | $13.9B | $13.7B | $15.7B | $12.0B | $7.0B | $11.0B | $18.1B |
| Total Shareholders' Equity | ($3.2B) | ($3.5B) | ($2.2B) | ($3.5B) | ($4.0B) | ($1.6B) | $2.8B | $6.2B | $14.8B | $15.4B | $12.8B | $2.9B | $3.0B | $4.1B | $3.1B | $3.7B | $5.2B | $4.1B | $2.8B | $18.6B | $39.6B |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MO viewer.
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