Altria Group
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 3.4 | 4.1 | 5.6 | 1.7 | 2.7 | 2.7 | 1.8 | 2.8 | 3.1 | 3.5 | 3.5 | 5.0 | 6.4 | 12.7 | 13.1 | 18.1 | 15.2 | 17.0 | 19.3 | 21.8 | 9.3 | 13.4 | 13.4 | – | 17.1 | 35.3 | 14.3 | 8.8 | 8.0 | 13.9 | |
| 0.4 | 0.5 | 0.5 | 0.2 | 0.4 | 0.3 | 0.3 | 0.4 | 0.5 | 0.5 | 0.6 | 1.3 | 2.0 | 2.4 | 3.0 | 3.7 | 3.6 | 4.4 | 5.4 | 6.1 | 6.8 | 7.0 | 3.7 | 3.7 | 2.9 | 3.4 | 3.3 | 2.9 | 4.4 | 4.8 | |
| 1.5 | 1.7 | 1.9 | 0.8 | 1.6 | 1.2 | 1.0 | 1.0 | 0.9 | 1.0 | 1.1 | 2.7 | 11.2 | 10.0 | 9.8 | 16.7 | 20.3 | 18.7 | 32.4 | 39.8 | 10.3 | 8.9 | 6.3 | 15.0 | 26.8 | – | – | – | – | – | |
| 0.4 | 0.4 | 0.5 | 0.2 | 0.8 | 0.6 | 0.7 | 0.8 | 0.7 | 0.8 | 0.8 | 1.5 | 1.9 | 3.0 | 3.8 | 4.3 | 4.3 | 5.0 | 6.1 | 6.6 | 8.0 | 7.7 | 4.6 | 4.7 | 3.9 | 4.3 | 4.2 | 3.8 | 5.5 | 5.9 | |
| 1.9 | 2.0 | 2.6 | 0.7 | 3.3 | 2.8 | 2.3 | 2.9 | 3.0 | 3.2 | 3.0 | 3.7 | 4.3 | 8.0 | 9.1 | 10.2 | 9.5 | 10.8 | 12.3 | 13.7 | 6.8 | 13.9 | 11.5 | 51.4 | 12.0 | 21.1 | 12.0 | 7.6 | 7.4 | 10.9 | |
| 4.1 | 4.0 | 4.8 | 1.3 | 2.5 | 3.4 | 2.3 | 2.9 | 3.2 | 4.1 | 3.8 | 5.6 | 6.8 | 12.8 | 19.7 | 17.5 | 16.9 | 18.2 | 21.7 | 20.5 | 36.6 | 29.0 | 11.4 | 12.3 | 9.3 | 10.6 | 10.2 | 7.9 | 10.4 | 10.7 | |
| 24.4% | 25.2% | 20.8% | 75.5% | 40.2% | 29.8% | 43.0% | 34.4% | 30.9% | 24.5% | 26.6% | 17.9% | 14.7% | 7.8% | 5.1% | 5.7% | 5.9% | 5.5% | 4.6% | 4.9% | 2.7% | 3.4% | 8.7% | 8.1% | 10.7% | 9.4% | 9.8% | 12.7% | 9.6% | 9.4% | |
| Margins | ||||||||||||||||||||||||||||||
| 53.3% | 54.4% | 55.5% | 53.9% | 55.7% | 54.4% | 47.3% | 47.5% | 47.1% | 46.7% | 46.7% | 56.5% | 48.2% | 52.5% | 54.4% | 53.8% | 54.6% | 59.2% | 56.6% | 58.9% | 59.9% | 61.3% | 48.3% | 50.6% | 49.8% | 53.8% | 56.8% | 58.3% | 70.3% | 72.2% | |
| 21.6% | 23.4% | 23.1% | 21.8% | 23.2% | 21.5% | 26.7% | 26.2% | 23.7% | 24.1% | 24.8% | 34.8% | 30.6% | 32.5% | 36.9% | 36.5% | 41.4% | 45.8% | 42.5% | 44.3% | 45.3% | 49.0% | 35.9% | 41.1% | 41.6% | 44.4% | 47.5% | 50.3% | 55.0% | 59.8% | |
| 11.6% | 11.2% | 9.3% | 12.4% | 13.4% | 11.7% | 17.9% | 15.2% | 14.7% | 15.1% | 17.1% | 25.7% | 30.9% | 19.1% | 23.1% | 20.4% | 23.9% | 25.7% | 28.3% | 27.8% | 73.6% | 52.4% | 27.5% | -5.1% | 17.1% | 9.5% | 23.0% | 33.2% | 55.1% | 34.5% | |
| 9.6% | 11.5% | 10.9% | 15.6% | 14.8% | 9.6% | 13.8% | 14.6% | 14.0% | 12.8% | 15.8% | 23.2% | 29.1% | 18.8% | 15.4% | 21.1% | 21.6% | 24.0% | 25.1% | 29.6% | 18.6% | 24.2% | 32.1% | 30.2% | 31.2% | 31.7% | 32.1% | 37.1% | 42.1% | 45.1% | |
| Returns | ||||||||||||||||||||||||||||||
| 44.3% | 42.3% | 33.2% | 50.1% | 56.7% | 43.6% | 57.0% | 36.7% | 30.7% | 29.2% | 30.3% | 52.7% | 174.3% | 78.8% | 74.7% | 92.1% | 133.2% | 110.1% | 168.4% | 182.4% | 111.5% | 66.5% | 47.1% | -20.8% | 157.3% | – | – | – | – | – | |
| 11.5% | 11.3% | 9.0% | 12.5% | 10.8% | 10.1% | 12.7% | 9.6% | 9.3% | 9.7% | 11.5% | 17.1% | 18.1% | 8.7% | 10.4% | 9.2% | 11.8% | 13.0% | 14.7% | 16.1% | 31.0% | 23.7% | 12.5% | -2.6% | 9.4% | 6.3% | 15.6% | 21.1% | 32.0% | 19.8% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| 2,039 | -609 | -2,034 | -2,858 | 28,185 | 21,649 | 22,755 | 20,762 | 17,236 | 17,876 | 13,298 | 6,204 | -942 | 10,089 | 13,415 | 10,419 | 10,978 | 11,342 | 11,372 | 10,550 | 23,193 | 12,641 | 24,413 | 25,925 | 24,526 | 23,500 | 22,650 | 22,547 | 21,799 | 21,228 | |
| 0.2 | 0.0 | -0.2 | -0.2 | 1.8 | 1.3 | 1.2 | 1.3 | 1.1 | 1.1 | 0.7 | 0.4 | -0.1 | 1.6 | 1.9 | 1.5 | 1.4 | 1.4 | 1.3 | 1.2 | 1.0 | 1.2 | 2.4 | 11.2 | 2.9 | 4.5 | 2.6 | 1.8 | 1.4 | 2.0 | |
| 25.9% | 26.7% | 27.0% | 24.9% | 19.0% | 23.1% | 22.3% | 26.1% | 30.2% | 33.1% | 38.0% | 32.4% | 10.4% | 11.1% | 14.0% | 10.0% | 8.9% | 11.8% | 8.7% | 8.8% | 27.8% | 35.6% | 26.6% | 12.6% | 6.0% | -4.1% | -10.8% | -9.2% | -6.4% | -10.0% | |
| 0.2 | 0.1 | 0.1 | 0.1 | 1.9 | 1.1 | 1.2 | 1.0 | 0.7 | 0.7 | 0.5 | 0.6 | 2.5 | 2.9 | 3.0 | 3.7 | 4.4 | 3.5 | 4.9 | 4.5 | 2.2 | 0.9 | 1.7 | 4.5 | 10.4 | – | – | – | – | – | |
| Per Share | ||||||||||||||||||||||||||||||
| 2.56 | 2.58 | 2.20 | 3.19 | 3.73 | 3.87 | 5.21 | 4.52 | 4.56 | 4.99 | 5.71 | 4.62 | 2.36 | 1.55 | 1.88 | 1.64 | 2.06 | 2.26 | 2.56 | 2.67 | 7.29 | 5.32 | 3.69 | -0.69 | 2.40 | 1.34 | 3.20 | 4.58 | 6.56 | 4.14 | |
| 22.16 | 22.98 | 23.68 | 25.67 | 27.73 | 33.01 | 29.21 | 29.79 | 31.00 | 32.98 | 33.41 | 17.98 | 7.64 | 8.12 | 8.13 | 8.05 | 8.62 | 8.80 | 9.06 | 9.61 | 9.91 | 10.15 | 13.43 | 13.43 | 14.07 | 14.10 | 13.91 | 13.78 | 11.90 | 12.01 | |
| 5.77 | 6.11 | 6.63 | 6.36 | 6.58 | 8.88 | 9.15 | 12.30 | 14.89 | 17.08 | 18.82 | 8.77 | 1.35 | 1.96 | 2.51 | 1.78 | 1.55 | 2.05 | 1.52 | 1.46 | 6.54 | 8.00 | 7.83 | 3.33 | 1.53 | -0.87 | -2.20 | -1.99 | -1.30 | -2.09 | |
| 2.13 | 2.65 | 2.58 | 4.00 | 4.10 | 3.15 | 4.04 | 4.34 | 4.35 | 4.24 | 5.29 | 4.18 | 2.22 | 1.53 | 1.25 | 1.70 | 1.86 | 2.11 | 2.27 | 2.84 | 1.85 | 2.46 | 4.32 | 4.06 | 4.39 | 4.46 | 4.46 | 5.12 | 5.01 | 5.41 | |
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.