Altria (MO) FCF Payout Ratio (2009 - 2026)
Altria's (MO) FCF Payout Ratio was 2.68 for Q2 2026, down 73.1% from 9.97 a year earlier but up 236.3% from the prior quarter.
Altria (MO) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Altria's FCF Payout Ratio came in at 0.78, down 1.7% year-over-year; for FY2025, it was 0.77, down 3.5% from FY2024.
- By year, FCF Payout Ratio came in at 0.79 in FY2024 (+6.6%), 0.75 in FY2023 (-9.0%), 0.82 in FY2022 (+4.7%) and 0.78 in FY2021 (+1.5%).
- Five-year quarterly FCF Payout Ratio spans a low of 0.53 in Q4 2024 and a high of 22.13 in Q2 2023.
- Year over year, FCF Payout Ratio gained in four of the last seven quarters, with an average decline of 5.8%.
- The high point for year-over-year FCF Payout Ratio in five years was Q1 2026 (growth of 23.7%); the low point was Q2 2026 (a decline of 73.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.80 (Q1 2026), 0.56 (Q4 2025) and 0.57 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | 2.68 |
| 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 | 0.06 |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | - |
Historic 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 |
| 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 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.53 |
| Mar 31, 2021 | 0.53 |
| Dec 31, 2020 | 0.65 |
Altria FCF Payout Ratio 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=fcf-payout-ratio&ticker=MO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();