FY2025 · ended Dec 31, 2025 · Revenue $23.28B, -3.1% YoY · Filed Feb 25, 2026
Altria Group, Inc. (MO) files with the SEC under industry code 2111, Cigarettes. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $23.3 billion and net income of $6.9 billion. Free cash flow was $9.1 billion. As of Sep 30, 2026 it held $2.7 billion in cash and investments and $24.1 billion in total debt.
Revenue (TTM)
$23.52B
+0.5% vs year-ago TTM
Net income (TTM)
$8.12B
-8.5% vs year-ago TTM
Operating cash flow (TTM)
$9.42B
+0.7% vs year-ago TTM
Free cash flow (TTM)
$9.07B
-1.3% vs year-ago TTM
EPS (TTM)
$4.84
-7.6% vs year-ago TTM
Dividend per share (TTM)
$4.29
+4.1% vs year-ago TTM
Shares outstanding
1.67B
-1.1% vs prior year
Net cash
$-21.36B
as of Sep 30, 2026
Operating margin
47.0%
FY 2026
Company profile
- Industry
- Cigarettes (SIC 2111)
- Listed as
- MO (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- VA
- Headquarters
- Richmond, VA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 764180
- Former names
- ALTRIA GROUP INC (until Feb 7, 2006); PHILIP MORRIS COMPANIES INC (until Jan 2, 2003)
Other Cigarettes companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $23.3B | $24.0B | $24.5B | $25.1B | $26.0B |
| Operating income | $9.9B | $11.2B | $11.5B | $11.9B | $11.6B |
| Net income | $6.9B | $11.3B | $8.1B | $5.8B | $2.5B |
| Diluted EPS | $4.12 | $6.54 | $4.57 | $3.19 | $1.34 |
| Operating cash flow | $9.3B | $8.8B | $9.3B | $8.3B | $8.4B |
| Free cash flow | $9.1B | $8.6B | $9.1B | $8.1B | $8.2B |
| Total assets | $35.0B | $35.2B | $38.6B | $37.0B | $39.5B |
| Total liabilities | $38.5B | $37.4B | $42.1B | $40.9B | $41.1B |
| Stockholders' equity | -$3.5B | -$2.2B | -$3.5B | -$4.0B | -$1.6B |
| Cash and investments | $4.5B | $3.1B | $3.7B | $4.0B | $4.5B |
| Total debt | $25.7B | $24.9B | $26.2B | $26.7B | $28.0B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Other events
|
Oct 29, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Material agreement
|
Oct 9, 2026 | Oct 7, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Aug 28, 2026 | Aug 27, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 30, 2026 | Jul 30, 2026 |
All 1006 Altria Group, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.