ALTRIA GROUP, INC. (MO) Stock Analysis

ALTRIA GROUP, INC. (MO) Stock Analysis

Analysis from 10-Q filed 2025-10-30. Data as of Q4 2025.

Overall Grade: F (Concerning)

ALTRIA GROUP, INC. faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC N/A Below expectations
FCF Margin 39.0% Strong cash generation
Debt/Equity -7.3x Conservative leverage

Investment Thesis: Healthy free cash flow margin of 39.0% provides financial flexibility for growth and shareholder returns.

Explore ALTRIA GROUP, INC.: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: ALTRIA GROUP, INC. earns N/A ROIC

ALTRIA GROUP, INC.'s trailing-twelve-month ROIC of N/A (sector median: 6.7%), driven by NOPAT margin of 31.5% combined with asset turnover of 0.0x. Source: 10-Q filed 2025-10-30. Gross margin of 62.5% with operating margin at 42.5% reflects strong pricing power.

Metric MO Rating Context
Return on Invested Capital (ROIC) N/A Red flag Below sector median of 6.7%
Gross Margin 62.5% Excellent Strong pricing power
Operating Margin 42.5% Excellent Efficient operations

Cash Flow: ALTRIA GROUP, INC. generates $9.1B FCF at 39.0% margin, positive NaN/8 quarters

ALTRIA GROUP, INC. generated $9.1B in free cash flow (TTM), a 39.0% FCF margin, a margin that ranks Top 5% in Consumer Staples. Operating cash flow exceeds net income by 1.3x, indicating high earnings quality. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-10-30.

Metric MO Rating Context
Free Cash Flow Margin 39.0% Excellent Excellent cash conversion
Free Cash Flow (TTM) $9.1B Good Positive cash generation
OCF/Net Income 1.3x Excellent High earnings quality
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: ALTRIA GROUP, INC. at -7.3x leverage

ALTRIA GROUP, INC.'s debt-to-equity ratio of -7.3x reflects conservative leverage. Total debt of $25.7B offset by $4.5B in cash. Source: 10-Q filed 2025-10-30.

Metric MO Rating Context
Debt to Equity -7.3x Excellent Conservative capital structure
Net Cash Position $-21.2B Warning Net debt position

Valuation: ALTRIA GROUP, INC. trades at 14.0x earnings

ALTRIA GROUP, INC. trades at a P/E of 14.0x. Free cash flow yield of 9.4% offers attractive cash returns relative to price.

Metric MO Rating Context
P/E Ratio 14.0x Adequate Reasonable valuation
EV/Sales 4.2x Good Growth premium priced in
FCF Yield 9.4% Excellent Attractive cash return
Dividend Yield 7.2% Good Meaningful income

Capital Allocation: ALTRIA GROUP, INC. returns 8.2% shareholder yield

ALTRIA GROUP, INC.'s total shareholder yield is 8.2% (dividends 7.2% + buybacks 1.0%). Source: 10-Q filed 2025-10-30.

Metric MO Rating Context
Total Shareholder Yield 8.2% Excellent Dividend + buyback yield combined
Buyback Yield 1.0% Adequate Minimal buyback activity
Total Capital Returned (TTM) $8.0B Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Free Cash Flow Margin 39.0% Top 5% 6.8x above
Gross Margin 62.5% Top 5% 2.1x above
Operating Margin 42.5% Top 5% 8.0x above
P/E Ratio 14.0x N/A -

Financial Scorecard

Metric MO Rating Sector Context
Free Cash Flow Margin 39.0% Excellent Top 5% of sector (median: 5.7%)
Gross Margin 62.5% Excellent Top 5% of sector (median: 30.2%)
Debt to Equity Ratio -734.1% Excellent Conservative capital structure
P/E Ratio (Price-to-Earnings) 14.0x Adequate Attractively valued
Free Cash Flow Yield 9.4% Excellent High cash return

Frequently Asked Questions

Q: What is ALTRIA GROUP, INC.'s Return on Invested Capital (ROIC)?

ALTRIA GROUP, INC. (MO) has a trailing twelve-month Return on Invested Capital (ROIC) of N/A. This compares below the sector median of 6.7%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is ALTRIA GROUP, INC.'s Free Cash Flow Margin?

ALTRIA GROUP, INC. (MO) has a free cash flow margin of 39.0%, generating $9.1 billion in free cash flow over the trailing twelve months. A FCF margin above 20% indicates excellent cash conversion and a high-quality business model.

Q: Is ALTRIA GROUP, INC. stock overvalued or undervalued?

ALTRIA GROUP, INC. (MO) trades at a P/E ratio of 14.0x, which is above the sector median of N/A. The EV/Sales multiple is 4.2x. Free cash flow yield is 9.4%, which represents an attractive cash return to investors.

Q: Does ALTRIA GROUP, INC. pay a dividend?

ALTRIA GROUP, INC. (MO) currently pays a dividend yield of 7.2%. Including share buybacks, the total shareholder yield is 8.2%. A yield above 4% is attractive for income investors, though sustainability should be verified through payout ratio analysis.

Q: What is ALTRIA GROUP, INC.'s revenue and earnings growth?

ALTRIA GROUP, INC. (MO) declined revenue by 3.1% year-over-year. Earnings per share decreased by 37.1% compared to the prior year. Revenue decline may indicate market challenges or industry headwinds.

Q: Is ALTRIA GROUP, INC. buying back stock?

ALTRIA GROUP, INC. (MO) repurchased $1.0 billion of stock over the trailing twelve months. This represents a buyback yield of 1.0%.

Q: How does ALTRIA GROUP, INC. compare to competitors in Consumer Staples?

Compared to other companies in Consumer Staples, ALTRIA GROUP, INC. (MO) shows: ROIC of N/A is below the sector median of 6.7% (NaNx median). FCF margin of 39.0% exceeds the sector median of 5.7% (Top 0% of sector). Gross margin at 62.5% is 32.3 percentage points higher than sector peers. These rankings are based on MetricDuck's analysis of all Consumer Staples companies with available SEC filings.

Q: What warning signs should I watch for with ALTRIA GROUP, INC.?

Investors in ALTRIA GROUP, INC. (MO) should monitor these potential warning signs: 1) ROIC has been declining, potentially signaling deteriorating competitive position. Regular monitoring of SEC filings and quarterly trends is recommended.


Data Source: Data sourced from 10-Q filed 2025-10-30. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.