Altria (MO) EV to FCF (2009 - 2026)
Altria's EV to FCF was 12.93 in Q2 2026, up 16.0% from 11.14 a year earlier and up 4.5% from the prior quarter.
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Analysis
Altria (MO) EV to FCF (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Altria's EV to FCF was 11.67 through Jun 30, 2026, up 16.4% year-over-year; for FY2025, it came in at 10.15, up 2.4% from FY2024.
- In earlier years, EV to FCF was 9.91 in FY2024 (+33.5%), 7.43 in FY2023 (-23.0%), 9.64 in FY2022 (-3.0%) and 9.94 in FY2021 (+13.6%).
- The Q2 2026 figure marks the highest quarterly EV to FCF since Q2 2021.
- Compared with a year earlier, EV to FCF has increased for eight straight quarters, with growth averaging 20.9% over the last eight quarters.
- The best year-over-year quarter for EV to FCF over five years was Q1 2025 (growth of 44.0%); the worst was Q2 2022 (a decline of 38.0%).
- Per Business Quant data, MO's EV to FCF in the three quarters before Q2 2026 was 12.38 (Q1 2026), 10.15 (Q4 2025) and 11.70 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.93 |
| Mar 31, 2026 | 12.38 |
| Dec 31, 2025 | 10.15 |
| Sep 30, 2025 | 11.70 |
| Jun 30, 2025 | 11.14 |
| Mar 31, 2025 | 11.41 |
| Dec 31, 2024 | 9.91 |
| Sep 30, 2024 | 9.97 |
| Jun 30, 2024 | 8.61 |
| Mar 31, 2024 | 7.93 |
| Dec 31, 2023 | 7.43 |
| Sep 30, 2023 | 8.60 |
| Jun 30, 2023 | 9.28 |
| Mar 31, 2023 | 9.53 |
| Dec 31, 2022 | 9.64 |
| Sep 30, 2022 | 8.64 |
| Jun 30, 2022 | 8.98 |
| Mar 31, 2022 | 10.82 |
| Dec 31, 2021 | 9.94 |
| Sep 30, 2021 | 9.95 |
API Access
Altria EV to FCF 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-fcf&ticker=MO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();