Stocktoria

ALTRIA GROUP, INC. MO

NYSE · stock · Cigarettes · website · IPO 1923-03-15 · LEI

ALTRIA GROUP, INC. statistics & valuation

Market cap$123.2B
P / E17.7×
P / S5.3×
P / FCF13.6×
Dividend yield5.65%
Net margin29.8%
FCF margin39.0%
Net debt$21.2B
Net debt / EBITDA2.1×
Enterprise value USD$144.5B
EV / EBITDA14.2×
Earnings yield EBIT/EV6.9%
Return on capital38.3%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
55.30% 40.00% 27.50% -5.10% 17.10% 9.50% 23.00% 33.20% 46.90% 29.80% 2016201720182019202020212022202320242025
Gross margin (%)
45.00% 46.80% 48.30% 50.60% 49.80% 53.80% 56.80% 58.30% 59.80% 62.50% 2016201720182019202020212022202320242025
Operating margin (%)
34.00% 37.50% 35.90% 41.10% 41.60% 44.40% 47.50% 47.20% 46.80% 42.50% 2016201720182019202020212022202320242025
Return on equity (%)
111.50% 66.50% 47.10% -20.50% 152.70% 2016201720182019202020212022202320242025
Shares outstanding
1.95B 1.92B 1.89B 1.87B 1.86B 1.84B 1.80B 1.78B 1.72B 1.68B 2016201720182019202020212022202320242025
Net debt ($)
$9.31B $12.64B $11.71B $25.93B $24.53B $23.50B $22.65B $22.55B $21.80B $21.23B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
31.00% 23.70% 12.60% -2.60% 9.40% 6.30% 15.60% 21.10% 32.00% 19.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
14.10% 18.40% 32.10% 30.20% 31.20% 31.70% 32.10% 37.10% 35.90% 39.00% 2016201720182019202020212022202320242025
Debt / equity (×)
1.09× 0.90× 0.88× 4.44× 10.08× 2016201720182019202020212022202320242025
EPS ($)
$7.28 $5.31 $3.68 -$0.70 $2.40 $1.34 $3.19 $4.57 $6.54 $4.12 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ALTRIA GROUP, INC. trades at about 15.6× earnings — above its 10-year norm (10-year range 8×–38×, median 14.1×).

8× 38×

Shaded band = 10-year range (8×–38×); dot = today's 15.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin62.5%59.8%58.3%56.8%53.8%49.8%50.6%48.3%46.8%45.0%
Operating margin42.5%46.8%47.2%47.5%44.4%41.6%41.1%35.9%37.5%34.0%
Net margin29.8%46.9%33.2%23.0%9.5%17.1%-5.1%27.5%40.0%55.3%
FCF margin39.0%35.9%37.1%32.1%31.7%31.2%30.2%32.1%18.4%14.1%
Return on assets19.8%32.0%21.1%15.6%6.3%9.4%-2.6%12.6%23.7%31.0%
Return on equity-198.4%-503.3%-229.7%-145.1%-154.1%152.7%-20.5%47.1%66.5%111.5%
Debt / equity-7.34×-11.14×-7.41×-6.72×-17.46×10.08×4.44×0.88×0.90×1.09×
Current ratio0.650.510.490.840.710.790.590.200.640.98

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.