TORVANTA
Consumer Staples · S&P 500 · data as of 2026-10-05

MO stock analysis: Altria

Altria (MO) is an S&P 500 company in Tobacco. It grades strongest on profitability.

The model's view of MO · subscribers

Where MO ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with MO · updated 2026-10-05 · from prices and SEC filings

MO price performance

MO against the S&P 500, one year
+0%+20%S&P 500 +18%MO +10%2025-09-292026-10-05
Year to date+23.4%S&P 500 +14.5% · ahead by 8.9 pts
1 year+10.3%S&P 500 +17.0% · behind by 6.8 pts
3 years+102.2%S&P 500 +89.3% · ahead by 13.0 pts
5 years+116.4%S&P 500 +91.3% · ahead by 25.1 pts

Total returns with dividends reinvested.

MO factor grades

Each grade compares MO with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

BValueP/E 14.3x (sector 23.8x)FCF yield 8.0% (sector 5.7%)
CGrowthRevenue growth -1% (sector +3%)EPS growth -8% (sector +0%)
AProfitabilityOperating margin 46.8% (sector 11.0%)ROIC 43.1% (sector 18.4%)
BMomentum12-month change +10%From 52-wk high -8%

MO in plain numbers

MO key statistics

SectorConsumer Staples
IndustryTobacco
IndexS&P 500
Market value$113.3B
Revenue growth (y/y)-1%
Free-cash-flow yield8.0%
Dividend yield6.3%
Next earnings (expected)2026-10-29
Valuation measures
Market value$113.3B
Enterprise value$135.6B
P/E (trailing)14.3x
Forward P/E (Torvanta estimate)13.8x
PEG (Torvanta estimate)3.86
Price / sales4.8x
EV / revenue5.8x
EV / EBITDA12.1x
Financial highlights
Revenue, last 12 months$23.5B
Net income, last 12 months$8.0B
EPS, last 12 months (GAAP)$4.75
Gross margin63.0%
Operating margin46.8%
Net margin34.0%
Return on invested capital43.1%
Cash$2.4B
Total debt$24.6B
Free cash flow, last 12 months$9.1B
Current ratio0.52x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

MO earnings trends

Revenue vs earnings
$0$1.6B$3.1B$4.7B$6.3BSep 2024 Revenue: $6.3BDec 2024 Revenue: $6.0BMar 2025 Revenue: $5.3BJun 2025 Revenue: $6.1BSep 2025 Revenue: $6.1BDec 2025 Revenue: $5.8BMar 2026 Revenue: $5.4BJun 2026 Revenue: $6.1BSep 2024 Net income: $2.3BDec 2024 Net income: $3.0BMar 2025 Net income: $1.1BJun 2025 Net income: $2.4BSep 2025 Net income: $2.4BDec 2025 Net income: $1.1BMar 2026 Net income: $2.2BJun 2026 Net income: $2.3BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 36.6%Net margin: 50.9%Net margin: 20.5%Net margin: 39.0%Net margin: 39.1%Net margin: 19.1%Net margin: 40.2%Net margin: 37.6%0%25%51%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.5$0.9$1.3$1.8Sep 2024 EPS (GAAP, diluted): $1.3Dec 2024 EPS (GAAP, diluted): $1.8Mar 2025 EPS (GAAP, diluted): $0.6Jun 2025 EPS (GAAP, diluted): $1.4Sep 2025 EPS (GAAP, diluted): $1.4Dec 2025 EPS (GAAP, diluted): $0.7Mar 2026 EPS (GAAP, diluted): $1.3Jun 2026 EPS (GAAP, diluted): $1.4Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +5% · Dec 2025 -63% · Mar 2026 +106% · Jun 2026 -3%

From the company's 10-Q and 10-K filings with the SEC.

Altria financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$26.0B$25.1B$24.5B$24.0B$23.3B
Net income$2.5B$5.8B$8.1B$11.3B$6.9B
EPS (GAAP)$1.33$3.19$4.58$6.55$4.12
Free cash flow$8.2B$8.1B$9.1B$8.6B$9.1B

MO earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$1.37-3%+0%-11.2%
2026-04-30$1.30+106%+3%+8.0%
2026-01-29$0.67-63%-2%-1.3%
2025-10-30$1.41+5%-3%-8.2%
2025-07-30$1.41-36%-2%+4.9%
2025-04-29$0.63-48%-6%+1.0%

About Altria

HeadquartersRichmond, VA
Industry (SEC code)Cigarettes
Fiscal year endsDecember 31
Incorporated inVA
Listed onNYSE
FormerlyALTRIA GROUP INC, PHILIP MORRIS COMPANIES INC

From the company's SEC registration record.

Companies similar to MO

CompanyMarket valueP/ERevenue growthOperating margin12-month change
MO Altria$113.3B14.3x-1%46.8%+10%
MDLZ Mondelez$75.1B29.0x+8%9.4%-3%compare
PEP PepsiCo$171.5B16.5x+6%14.8%-8%compare
TGT Target$69.5B15.9x+2%5.6%+79%compare
CL Colgate-Palmolive$68.7B34.1x+5%14.9%+13%
PM Philip Morris$295.4B27.2x+9%37.7%+28%
MNST Monster Beverage$42.6Bn/a+20%29.2%+30%

All Consumer Staples stock ratings

Frequently asked questions

Is MO stock a buy?

Torvanta does not tell individuals what to buy. Its grades for MO are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is MO's P/E ratio?

MO trades at about 14.3 times its last 12 months of GAAP earnings reported to the SEC, and about 13.8 times Torvanta's own estimate of the next 12 months.

When does MO report earnings next?

Based on its filing history, Torvanta expects Altria to report around 2026-10-29.

Does MO pay a dividend?

Yes. Its dividend yield is about 6.3%, and it has raised its dividend 16 years in a row.

How has MO performed against the S&P 500?

Over the past year MO returned +10.3%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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