Mostly Markets

AltriaMO

Tobacco · Richmond, Virginia · In the S&P 500
High qualityCheaper than peers
$78.03+1.67%After hours: $78.03 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 25.9% over 1 year
Altria over 1 yearDaily close, $, to 30 Oct 2026
$60$70Nov2026MarMayJulSep$78.03$60$70NovMarJul$78.03
Source: Nasdaq daily closes
Market value$130B
Price to earnings16.1x
Forward P/E13.5x
Dividend yield5.69%
Year to date+35.3%
One year+25.9%
Next earningsNot scheduled
52-week range (closes)
$54.72$78.03

Quality and valuation

How Altria compares with other consumer staples stocks. A description, not a recommendation.

Altria and 7 tobacco peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: cheaper than most

A stronger business than most consumer staples companies, priced below most of them.

Altria trades at 13.5 times the next 12 months of expected earnings, against a median of 16.6x for the 35 consumer staples stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +0.5% vs +4.9%
  • Keeps more of each sale (gross margin): 63.3% vs 40.5%
  • More profitable (operating margin): 47.0% vs 13.6%
  • Turns more of its sales into cash: 38.6% vs 10.3%
MO trades at 13.5x forward earnings, below the sector medianForward p/e, Tobacco peers
MO13.5xPEP16.4xPG23.6xPM24.5xKO27.7xMNST38.5xWMT41.1xCOST44.4xSector median 16.6xMO13.5xPEP16.4xPG23.6xPM24.5xKO27.7xMNST38.5xWMT41.1xCOST44.4xSector median 16.6x
Source: CNBC quotes; Mostly Markets
At 16.1x earnings, MO is pricier than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
10x12x15xAverage 12.1x2025202616.1x10x15xAverage 12.1x2025202616.1x
Source: Nasdaq prices; SEC filings

Financials

From Altria's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 1.0% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bn$6bnQ4 ’24Q2 ’25Q4 ’25$6.1bnQ3 ’26$0bn$2bn$5bnQ4 ’24Q2 ’25Q4 ’25$6.1bnQ3 ’26
Source: SEC filings
Growth sped up to +1.0% last quarterRevenue growth, year on year, %
−5%−2%0%2%Q4 ’24Q2 ’25Q4 ’251.0%Q3 ’26−5%0%Q4 ’24Q2 ’25Q4 ’251.0%Q3 ’26
Source: SEC filings
Operating margin was 54.0% last quarterOperating income as a share of revenue, %
0%20%40%Q4 ’24Q2 ’25Q4 ’2554.0%Q3 ’260%20%40%Q4 ’24Q2 ’25Q4 ’2554.0%Q3 ’26
Source: SEC filings
Free cash flow was $9.1 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$1bn$2bn$3bnQ4 ’24Q2 ’25Q4 ’25$3.0bnQ3 ’26$0bn$2bnQ4 ’24Q2 ’25Q4 ’25$3.0bnQ3 ’26
Source: SEC filings
Last 12 monthsMOSector median
Revenue growth+0.5%+4.9%
Gross margin63.3%40.5%
Operating margin47.0%13.6%
Free cash flow margin38.6%10.3%
Price to earnings16.1x24.5x

Stories on Altria

Friday, 30 October
Earnings

Altria (MO) Tops Q3 Estimates as It Raises 2026 Profit Forecast

Altria's revenue net of excise taxes rose 3.6% to $5.44 billion, ahead of the $5.31 billion expected, and it raised its 2026 forecast. The stock jumped 5.2% on Thursday.

MO▲ 3.3%
Bundles of dried golden leaves hanging from barn rafters
Tuesday, 27 October
Our picks

3 Cash Machine Stocks We Love and 1 We Hate

GoDaddy, Salesforce and Altria turn a third or more of their revenue into free cash and trade at 8–14 times it. Meta's AI spending cut its free cash flow by 36%.

GDDY▼ 3.3%
Commuters in a financial district at dawn

Similar companies

Tobacco, by market value.

CompanyPriceTodayYTDValue
WMTWalmart$123.51+1.86%+10.9%$980B
COSTCostco$1,012.28+1.78%+17.4%$449B
KOCoca-Cola$94.08+1.36%+34.6%$405B
PGProcter & Gamble$161.57+0.61%+12.7%$374B
PMPhilip Morris International$208.79+0.14%+30.2%$325B
PEPPepsiCo$137.34+2.65%−4.3%$187B
MNSTMonster Beverage$47.34+2.14%+23.5%$92.60B
MDLZMondelez International$64.94+3.85%+20.6%$82.88B