Altria (MO) EV to CFO (2009 - 2026)
Altria's (MO) EV to CFO was 12.52 for Q2 2026, up 14.3% from 10.96 a year earlier and up 4.4% from the prior quarter.
Altria (MO) EV to CFO (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Altria's EV to CFO came in at 11.30, up 14.7% year-over-year; for FY2025, it came in at 9.92, up 1.7% from FY2024.
- By year, EV to CFO came in at 9.75 in FY2024 (+34.1%), 7.27 in FY2023 (-22.7%), 9.40 in FY2022 (-3.4%) and 9.74 in FY2021 (+14.5%).
- The Q2 2026 figure ranks as the highest quarterly EV to CFO since Q2 2021.
- Year over year, EV to CFO has now increased in each of the last eight quarters, with growth averaging 20.6% over the last eight quarters.
- The high point for year-over-year EV to CFO in five years was Q1 2025 (growth of 44.3%); the low point was Q2 2022 (a decline of 37.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.00 (Q1 2026), 9.92 (Q4 2025) and 11.48 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.52 |
| Mar 31, 2026 | 12.00 |
| Dec 31, 2025 | 9.92 |
| Sep 30, 2025 | 11.48 |
| Jun 30, 2025 | 10.96 |
| Mar 31, 2025 | 11.22 |
| Dec 31, 2024 | 9.75 |
| Sep 30, 2024 | 9.80 |
| Jun 30, 2024 | 8.46 |
| Mar 31, 2024 | 7.77 |
| Dec 31, 2023 | 7.27 |
| Sep 30, 2023 | 8.40 |
| Jun 30, 2023 | 9.04 |
| Mar 31, 2023 | 9.28 |
| Dec 31, 2022 | 9.40 |
| Sep 30, 2022 | 8.42 |
| Jun 30, 2022 | 8.77 |
| Mar 31, 2022 | 10.57 |
| Dec 31, 2021 | 9.74 |
| Sep 30, 2021 | 9.74 |
Altria EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=MO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "MO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();