MO (Altria Group, Inc.) Stock Financials & Earnings | Market Cap Arena

MO (Altria Group, Inc.) Stock Financials & Earnings | Market Cap Arena

MOAltria Group, Inc.

Mkt Cap$112B

Consumer Defensive·Tobacco·🇺🇸 United States·NYSE

Revenue (TTM)$20.9B

Net Income (TTM)$6.9B

EPS (TTM)$4.11

Free Cash Flow (TTM)$9.1B

Gross Margin69.6%

Op. Margin47.4%

Net Margin33.2%

FCF Margin43.4%

P/S Ratio (TTM)5.4x

P/E Ratio (TTM)16.2x

YoY Rev Growth+2.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$4.8B	$3.3B	$2.8B
Q2 23	$5.4B	$3.8B	$2.9B
Q3 23	$5.3B	$3.7B	$3.1B
Q4 23	$5.0B	$3.5B	$2.8B
Q1 24	$4.7B	$3.3B	$2.7B
Q2 24	$5.3B	$3.7B	$2.5B
Q3 24	$5.3B	$3.8B	$3.2B
Q4 24	$5.1B	$3.6B	$2.9B
Q1 25	$4.5B	$3.2B	$1.8B
Q2 25	$5.3B	$3.9B	$3.2B
Q3 25	$5.3B	$3.8B	$3.2B
Q4 25	$5.8B	$3.6B	$1.7B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	5.4x	20.1x
Q2 23	5.4x	16.5x
Q3 23	5.5x	12.8x
Q4 23	5.5x	13.8x
Q1 24	5.5x	13.3x
Q2 24	5.5x	11.1x
Q3 24	5.5x	10.9x
Q4 24	5.5x	10.0x
Q1 25	5.5x	11.0x
Q2 25	5.5x	12.8x
Q3 25	5.6x	12.7x
Q4 25	5.4x	16.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$3.0B	$2.9B
Q2 23	$124M	$76M
Q3 23	$3.0B	$2.9B
Q4 23	$3.2B	$3.2B
Q1 24	$2.9B	$2.8B
Q2 24	-$75M	-$104M
Q3 24	$2.6B	$2.6B
Q4 24	$3.3B	$3.3B
Q1 25	$2.7B	$2.7B
Q2 25	$205M	$173M
Q3 25	$3.1B	$3.0B
Q4 25	$3.3B	$3.2B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$55M
Q2 23	$48M
Q3 23	$40M
Q4 23	$53M
Q1 24	$35M
Q2 24	$29M
Q3 24	$31M
Q4 24	$47M
Q1 25	$38M
Q2 25	$32M
Q3 25	$54M
Q4 25	$92M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-1.2%	+3.7%
Q2 23	+1.2%	+11.6%
Q3 23	-2.5%	-4.9%
Q4 23	-1.2%	-1.6%
Q1 24	-1.0%	+1.8%
Q2 24	-3.0%	+8.3%
Q3 24	+1.3%	+0.2%
Q4 24	+1.6%	-0.2%
Q1 25	-4.2%	+33.7%
Q2 25	+0.2%	-24.9%
Q3 25	-1.7%	-7.8%
Q4 25	+14.5%	+88.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$58M	1.2%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	S&M	SG&A
Q1 23	—	$572M	—
Q2 23	—	$852M	—
Q3 23	—	$610M	—
Q4 23	$71M	—	$703M
Q1 24	—	$606M	—
Q2 24	—	$788M	—
Q3 24	$61M	$656M	—
Q4 24	$43M	—	$687M
Q1 25	—	$588M	—
Q2 25	—	$619M	—
Q3 25	—	$580M	—
Q4 25	—	$618M	—

Revenue Segments

Quarter	Other Segments	Smokeable Products	Smokeless Products
Q4 25	$34M	$5.1B	$706M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$3.9B	$0	$3.9B
Q2 23	$874M	$0	$874M
Q3 23	$1.5B	$0	$1.5B
Q4 23	$3.7B	$0	$3.7B
Q1 24	$3.6B	$0	$3.6B
Q2 24	$1.8B	$0	$1.8B
Q3 24	$1.9B	$0	$1.9B
Q4 24	$3.1B	$0	$3.1B
Q1 25	$4.7B	$0	$4.7B
Q2 25	$1.3B	$0	$1.3B
Q3 25	$3.5B	$0	$3.5B
Q4 25	$4.5B	$0	$4.5B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	1.79B	-0.2%
Q2 23	1.78B	-0.2%
Q3 23	1.77B	-0.5%
Q4 23	1.77B	-0.3%
Q1 24	1.76B	-0.6%
Q2 24	1.72B	-2.3%
Q3 24	1.70B	-0.9%
Q4 24	1.69B	-0.5%
Q1 25	1.69B	-0.2%
Q2 25	1.68B	-0.4%
Q3 25	1.68B	+0.0%
Q4 25	1.68B	-0.4%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$2M	9K
FY 15	$2M	9K
FY 16	$2M	8K
FY 17	$2M	8K
FY 18	$2M	8K
FY 19	$3M	7K
FY 20	$3M	7K
FY 21	$4M	6K
FY 22	$3M	6K
FY 23	$3M	6K
FY 24	$3M	6K
FY 25	$3M	6K