The Tip Desk

ALTRIA GROUP, INC.

Company Stats

Market Cap
$112.4B
as of Sep 30, 2026
Enterprise Value
$133.9B
Shares Outstanding
1.7B
Free Float
99.8%

Income Statement

Revenue
$23.3B
Operating Income
$9.9B
Net Income
$6.9B
EBITDA
$10.2B
Non-cash Impairment
$2.1B
Revenue Growth, 3Y
-2.5%
FCF Margin, 3Y Avg
37.3%
FCF Margin, Worst Year
35.9%

Cash Flow

Free Cash Flow
$9.1B
FCF Yield
8.1%

Balance Sheet

Cash & Equivalents
$4.5B
Total Debt
$25.9B
Net Debt
$21.4B
Net Debt / EBITDA
2.11x
EV / EBITDA
13.17x
Net Debt / EBIT
2.17x

Returns & Capital

Dividends Paid
$7.0B
Dividend Yield
6.2%
Dividend Payout, 3Y Avg
81.4%
Share Repurchases
$1.0B
Buyback Yield, 3Y Avg
1.6%

Cash Flow by Year

YearRevenueFCFMargin
FY2025$23.3B$9.1B39.0%
FY2024$24.0B$8.6B35.9%
FY2023$24.5B$9.1B37.1%
FY2022$25.1B$8.1B32.1%
FY2021$26.0B$8.2B31.7%

Annual filing data through FY ended December 31, 2025; shares and float as of October 21, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage