Altria (MO) FCF Payout Ratio (2009 - 2026)
Altria (MO) posted quarterly FCF Payout Ratio of 2.68 for Q2 2026, down 73.08% year-over-year from 9.97 in Q2 2025, and up 236.25% quarter-over-quarter from 0.8 in Q1 2026.
Altria (MO) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Altria (MO) has reported FCF Payout Ratio for 18 consecutive years, with 2.68 the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 73.08% year-over-year to 2.68; the TTM figure through Jun 2026 stood at 0.78 (down 1.67% YoY), while the FY2025 annual figure was 0.77, down 3.51% from the prior year.
- FCF Payout Ratio climbed to 2.68 in Q2 2026 per MO's latest filing, from 0.8 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 22.13 in Q2 2023 and bottomed at 16.22 in Q2 2024.
- Historically, FCF Payout Ratio has averaged 1.3 across 5 years, with a median of 0.57 in 2023.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio surged 847.65% — and 2024, when it plunged 173.29%.
- Altria's FCF Payout Ratio stood at 0.66 in 2022, then decreased by 17.02% to 0.55 in 2023, then fell by 3.72% to 0.53 in 2024, then advanced by 6.45% to 0.56 in 2025, then jumped by 377.79% to 2.68 in 2026.
- Business Quant data shows MO's FCF Payout Ratio at 2.68 in Q2 2026, 0.8 in Q1 2026, and 0.56 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.93 Bn | 287.93 Bn | 7.66 Bn | 0.45 |
| 2 | British American Tobacco p.l.c | 121.73 Bn | 118.03 Bn | - | - |
| 3 | Altria | 110.12 Bn | 107.75 Bn | 3.82 Bn | 2.68 |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn | - |
| 5 | Turning Point Brands | 1.67 Bn | 1.40 Bn | 93.70 Mn | 0.06 |
| 6 | Universal | 1.13 Bn | 851.44 Mn | 83.09 Mn | -0.15 |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn | - |
| 8 | Rythm | 49.34 Mn | 7.43 Mn | 18.54 Mn | - |
| 9 | Greenlane Holdings | 11.38 Mn | -13.12 Mn | 32,000.00 | - |
| 10 | VPR Brands | 9.12 Mn | 6.78 Mn | 161,075.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.68 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 0.56 |
| Sep 30, 2025 | 0.57 |
| Jun 30, 2025 | 9.97 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.53 |
| Sep 30, 2024 | 0.65 |
| Jun 30, 2024 | -16.22 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.58 |
| Jun 30, 2023 | 22.13 |
| Mar 31, 2023 | 0.57 |
| Dec 31, 2022 | 0.66 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | -2.96 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.53 |