NYSE: MO
Altria Group, Inc.
Consumer Defensive · Tobacco
Market Cap
$115.42B
52w High
$74.56
52w Low
$54.70
P/E
14.36
Volume
7.37M
Outstanding Shares
1.67B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 16.19% over the last year. Revenue grew 7.75% over the trailing twelve months. Operating margin moved from 51.15% to 50.73%. Free cash flow grew 2.04% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (70th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 50.73% — continued expansion would be needed to justify the premium. Revenue growth of 7.75% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Operating across the United States through its subsidiaries, Altria Group, Inc. is a prominent manufacturer and marketer of both combustible and oral tobacco items.
Valuation
Stock splits
Every 1 shares became 3
Every 1 shares became 4
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 3
Profitability & growth
Analyst consensus
16
Buy
9
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 30, 2026
Q3 FY26 · EPS est $1.48 · Revenue est $5.34B
View
Dividends
$4.24/shareQuarterlyDividend Achiever · 17yrAdequateMO pays a dividend with a 6.13% dividend yield, 17 consecutive years of growth, growing at 4.27% annually, covered 1.3× by free cash flow.
Dividend Yield
6.13%
Annual Div / Share
$4.24
5yr CAGR
+4.27%
Doubles every ~16.6yr
Payout Ratio
87.05%
Adequate
Dividend Growth Rate
3yr CAGR
+4.09%
5yr CAGR
+4.27%
10yr CAGR
+6.49%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$5/mo
In 5 yrs
$6/mo
In 10 yrs
$8/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$61/yr $5/mo | $76/yr+23% $6/mo | $93/yr+52% $8/mo |
Yield-on-cost grows from 6.13% → 9.32% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
MO has raised its dividend for 17 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Risks to Watch
High payout ratio
With 87.05% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.