Altria (MO)

NYSE Consumer Staples Tobacco S&P 500

$76.12

-1.46 (-1.88%)

Close of Nov 06, 2026 · end-of-day data

Source: Altria's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$25.74B	$25.58B	$25.36B	$25.11B	$26.15B	$26.01B	$25.10B	$24.48B	$24.02B	$23.28B
Cost of revenue	$7.76B	$7.53B	$7.37B	$7.08B	$7.82B	$7.12B	$6.44B	$6.22B	$6.08B	$5.60B
Gross profit	$11.57B	$11.96B	$12.25B	$12.71B	$13.02B	$13.99B	$14.25B	$14.28B	$14.37B	$14.54B
Research & development	$203.00M	$241.00M	$252.00M	$168.00M	$131.00M	$145.00M	$162.00M	$220.00M	$208.00M	$195.00M
Operating income	$8.76B	$9.59B	$9.12B	$10.33B	$10.87B	$11.56B	$11.92B	$11.55B	$11.24B	$9.90B
Interest expense	$754.00M	$736.00M	$697.00M	$1.32B	$1.22B	$1.19B	$1.13B	$1.15B	$1.12B	$1.18B
Pre-tax income	$21.85B	$9.83B	$9.34B	$766.00M	$6.89B	$3.82B	$7.39B	$10.93B	$13.66B	$9.39B
Income tax	$7.61B	-$399.00M	$2.37B	$2.06B	$2.44B	$1.35B	$1.62B	$2.80B	$2.39B	$2.44B
Net income	$14.24B	$10.22B	$6.96B	-$1.29B	$4.47B	$2.48B	$5.76B	$8.13B	$11.26B	$6.95B
EBITDA	$8.96B	$9.80B	$9.34B	$10.55B	$11.13B	$11.80B	$12.14B	$11.82B	$11.53B	$10.16B
EPS (basic)	$7.28	$5.31	$3.69	$-0.70	$2.40	$1.34	$3.19	$4.57	$6.54	$4.12
EPS (diluted)	$7.28	$5.31	$3.68	$-0.70	$2.40	$1.34	$3.19	$4.57	$6.54	$4.12
Diluted shares	1.95B	1.92B	1.89B	1.87B	1.86B	1.84B	1.80B	1.78B	1.72B	1.68B
Gross margin	45.0%	46.8%	48.3%	50.6%	49.8%	53.8%	56.8%	58.3%	59.8%	62.5%
Operating margin	34.0%	37.5%	35.9%	41.1%	41.6%	44.4%	47.5%	47.2%	46.8%	42.5%
Net margin	55.3%	40.0%	27.5%	-5.1%	17.1%	9.5%	23.0%	33.2%	46.9%	29.8%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$4.57B	$1.25B	$1.33B	$2.12B	$4.95B	$4.54B	$4.03B	$3.69B	$3.13B	$4.47B
Receivables	$151.00M	$142.00M	$142.00M	$152.00M	$137.00M	$47.00M	$48.00M	$71.00M	$177.00M	$263.00M
Inventory	$2.05B	$2.23B	$2.33B	$2.29B	$1.97B	$1.19B	$1.18B	$1.22B	$1.08B	$1.07B
Total current assets	$7.26B	$4.34B	$4.30B	$4.82B	$7.12B	$6.08B	$7.22B	$5.58B	$4.51B	$5.93B
Goodwill	$5.29B	$5.31B	$5.20B	$5.18B	$5.18B	$5.18B	$5.18B	$6.79B	$6.95B	$5.79B
Total assets	$45.93B	$43.20B	$55.46B	$49.27B	$47.41B	$39.52B	$36.95B	$38.57B	$35.18B	$35.02B
Total current liabilities	$7.38B	$6.79B	$21.19B	$8.17B	$9.06B	$8.58B	$8.62B	$11.32B	$8.78B	$9.15B
Short-term debt	$0	$864.00M	$1.14B	$1.00B	$1.50B	$1.10B	$1.56B	$1.12B	$1.53B	$1.57B
Long-term debt	$13.88B	$13.03B	$11.90B	$27.04B	$27.97B	$26.94B	$25.12B	$25.11B	$23.40B	$24.14B
Total debt	$13.88B	$13.89B	$13.04B	$28.04B	$29.47B	$28.04B	$26.68B	$26.23B	$24.93B	$25.71B
Total liabilities	$33.12B	$27.78B	$40.63B	$42.91B	$44.45B	$41.13B	$40.88B	$42.06B	$37.37B	$38.47B
Shareholders' equity	$12.77B	$15.38B	$14.79B	$6.22B	$2.84B	-$1.61B	-$3.97B	-$3.54B	-$2.24B	-$3.50B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$3.83B	$4.90B	$8.39B	$7.84B	$8.38B	$8.40B	$8.26B	$9.29B	$8.75B	$9.29B
Capital expenditures	$189.00M	$199.00M	$238.00M	$246.00M	$231.00M	$169.00M	$205.00M	$196.00M	$142.00M	$216.00M
Free cash flow	$3.64B	$4.70B	$8.15B	$7.59B	$8.15B	$8.24B	$8.05B	$9.09B	$8.61B	$9.07B
Investing cash flow	$3.71B	-$467.00M	-$12.99B	-$2.40B	-$143.00M	$1.21B	$782.00M	-$1.28B	$2.17B	-$341.00M
Financing cash flow	-$5.33B	-$7.77B	$4.72B	-$4.71B	-$5.40B	-$10.03B	-$9.54B	-$8.37B	-$11.49B	-$7.62B
Dividends paid	$4.51B	$4.81B	$5.42B	$6.07B	$6.29B	$6.45B	$6.60B	$6.78B	$6.84B	$6.96B
Share buybacks	$1.03B	$2.92B	$1.67B	$845.00M	$0	$1.68B	$1.82B	$1.00B	$3.40B	$1.00B
Depreciation & amortization	$204.00M	$209.00M	$227.00M	$226.00M	$257.00M	$244.00M	$226.00M	$272.00M	$286.00M	$266.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$5.97B	$5.58B	$6.21B	$6.26B	$5.97B	$5.26B	$6.10B	$6.07B	$5.85B	$5.43B	$6.11B	$6.13B
Cost of revenue	$1.52B	$1.44B	$1.60B	$1.54B	$1.50B	$1.27B	$1.44B	$1.44B	$1.45B	$1.25B	$1.54B	$1.50B
Gross profit	$3.50B	$3.28B	$3.67B	$3.81B	$3.60B	$3.25B	$3.85B	$3.81B	$3.63B	$3.51B	$3.82B	$3.94B
Operating income	$2.80B	$2.67B	$2.53B	$3.15B	$2.88B	$1.79B	$3.23B	$3.23B	$1.65B	$2.96B	$3.14B	$3.31B
Pre-tax income	$2.73B	$2.74B	$5.12B	$3.03B	$2.78B	$1.68B	$3.12B	$3.08B	$1.51B	$2.86B	$2.93B	$3.29B
Income tax	$675.00M	$610.00M	$1.31B	$733.00M	-$262.00M	$606.00M	$740.00M	$700.00M	$396.00M	$676.00M	$631.00M	$776.00M
Net income	$2.06B	$2.13B	$3.80B	$2.29B	$3.04B	$1.08B	$2.38B	$2.38B	$1.12B	$2.18B	$2.30B	$2.52B
EBITDA	$2.87B	$2.74B	$2.61B	$3.23B	$2.96B	$1.86B	$3.30B	$3.30B	$1.71B	$3.01B	$3.19B	$3.37B
EPS (basic)	$1.17	$1.21	$2.21	$1.34	$1.79	$0.63	$1.41	$1.41	$0.67	$1.30	$1.37	$1.51
EPS (diluted)	$1.17	$1.21	$2.21	$1.34	$1.79	$0.63	$1.41	$1.41	$0.67	$1.30	$1.37	$1.51
Diluted shares	-3.00M	1.76B	1.72B	1.70B	-8.00M	1.69B	1.68B	1.68B	-2.00M	1.67B	1.67B	1.67B
Gross margin	58.6%	58.8%	59.2%	60.8%	60.3%	61.8%	63.1%	62.8%	62.1%	64.6%	62.5%	64.3%
Operating margin	46.8%	48.0%	40.8%	50.4%	48.2%	34.0%	52.9%	53.2%	28.2%	54.5%	51.3%	54.0%
Net margin	34.5%	38.2%	61.2%	36.6%	50.9%	20.5%	39.0%	39.1%	19.1%	40.2%	37.6%	41.1%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$3.69B	$3.61B	$1.80B	$1.90B	$3.13B	$4.73B	$1.29B	$3.47B	$4.47B	$3.53B	$2.37B	$2.70B
Receivables	$71.00M	$77.00M	$72.00M	$87.00M	$177.00M	$258.00M	$241.00M	$249.00M	$263.00M	$284.00M	$306.00M	$342.00M
Inventory	$1.22B	$1.24B	$1.17B	$1.10B	$1.08B	$1.06B	$1.02B	$1.06B	$1.07B	$1.15B	$1.06B	$1.08B
Total current assets	$5.58B	$5.20B	$3.54B	$3.50B	$4.51B	$6.08B	$2.63B	$5.12B	$5.93B	$5.20B	$4.02B	$4.80B
Goodwill	$6.79B	$6.95B	$6.95B	$6.95B	$6.95B	$6.07B	$6.07B	$6.07B	$5.79B	$5.79B	$5.79B	$5.79B
Total assets	$38.57B	$36.48B	$34.39B	$34.17B	$35.18B	$35.76B	$32.33B	$35.01B	$35.02B	$34.58B	$33.37B	$34.48B
Total current liabilities	$11.32B	$10.94B	$7.78B	$8.00B	$8.78B	$10.65B	$6.79B	$8.29B	$9.15B	$8.41B	$7.77B	$8.29B
Short-term debt	$1.12B	$0	$1.55B	$1.58B	$1.53B	$2.63B	$1.07B	$1.57B	$1.57B	$542.00M	$1.68B	$1.18B
Long-term debt	$25.11B	$25.04B	$23.47B	$23.57B	$23.40B	$23.43B	$23.65B	$24.13B	$24.14B	$24.06B	$22.89B	$22.89B
Total debt	$26.23B	$25.04B	$25.02B	$25.16B	$24.93B	$26.06B	$24.72B	$25.70B	$25.71B	$24.60B	$24.58B	$24.06B
Total liabilities	$42.06B	$41.54B	$37.35B	$37.59B	$37.37B	$39.22B	$35.54B	$37.60B	$38.47B	$37.74B	$35.99B	$36.65B
Shareholders' equity	-$3.54B	-$5.11B	-$3.02B	-$3.47B	-$2.24B	-$3.51B	-$3.26B	-$2.65B	-$3.50B	-$3.21B	-$2.67B	-$2.23B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$3.23B	$2.88B	-$75.00M	$2.61B	$3.34B	$2.72B	$205.00M	$3.09B	$3.27B	$2.32B	$719.00M	$3.11B
Capital expenditures	$53.00M	$35.00M	$29.00M	$31.00M	$47.00M	$38.00M	$32.00M	$54.00M	$92.00M	$93.00M	$57.00M	$109.00M
Free cash flow	$3.17B	$2.84B	-$104.00M	$2.58B	$3.29B	$2.68B	$173.00M	$3.04B	$3.18B	$2.23B	$662.00M	$3.00B
Investing cash flow	-$66.00M	$2.32B	-$37.00M	-$41.00M	-$63.00M	-$43.00M	-$36.00M	-$60.00M	-$202.00M	-$109.00M	-$57.00M	-$109.00M
Financing cash flow	-$1.02B	-$5.27B	-$1.70B	-$2.48B	-$2.05B	-$1.08B	-$3.61B	-$849.00M	-$2.07B	-$3.16B	-$1.83B	-$2.67B
Dividends paid	$1.74B	$1.73B	$1.69B	$1.69B	$1.74B	$1.73B	$1.72B	$1.72B	$1.78B	$1.78B	$1.78B	$1.77B
Share buybacks	$268.00M	$2.40B	$10.00M	$680.00M	$310.00M	$326.00M	$274.00M	$112.00M	$288.00M	$280.00M	$55.00M	$400.00M
Depreciation & amortization	$78.00M	$65.00M	$74.00M	$74.00M	$73.00M	$71.00M	$71.00M	$70.00M	$54.00M	$56.00M	$56.00M	$60.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.