Altria (MO) Payout Ratio (2009 - 2026)
Altria's Payout Ratio was 0.89 in Q2 2026, up 13.1% from 0.78 a year earlier and up 1.8% from the prior quarter.
Powered by 
Analysis
Altria (MO) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, Payout Ratio at Altria came in at 1.00, up 64.9% from FY2024.
- In earlier years, Payout Ratio was 0.61 in FY2024 (-27.1%), 0.83 in FY2023 (-27.2%), 1.14 in FY2022 (-56.0%) and 2.60 in FY2021 (+85.0%).
- Quarterly Payout Ratio has moved between 0.61 (Q4 2024) and 3.73 (Q2 2022) over five years.
- Compared with a year earlier, Payout Ratio has increased for five straight quarters, with growth averaging 10.5% over the last eight quarters.
- The best year-over-year quarter for Payout Ratio over five years was Q2 2022 (growth of 166.3%); the worst was Q2 2023 (a decline of 73.7%).
- Per Business Quant data, MO's Payout Ratio in the three quarters before Q2 2026 was 0.87 (Q1 2026), 1.00 (Q4 2025) and 0.78 (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.89 |
| Mar 31, 2026 | 0.87 |
| Dec 31, 2025 | 1.00 |
| Sep 30, 2025 | 0.78 |
| Jun 30, 2025 | 0.78 |
| Mar 31, 2025 | 0.67 |
| Dec 31, 2024 | 0.61 |
| Sep 30, 2024 | 0.67 |
| Jun 30, 2024 | 0.67 |
| Mar 31, 2024 | 0.81 |
| Dec 31, 2023 | 0.83 |
| Sep 30, 2023 | 0.77 |
| Jun 30, 2023 | 0.98 |
| Mar 31, 2023 | 1.19 |
| Dec 31, 2022 | 1.14 |
| Sep 30, 2022 | 1.40 |
| Jun 30, 2022 | 3.73 |
| Mar 31, 2022 | 2.16 |
| Dec 31, 2021 | 2.60 |
| Sep 30, 2021 | 2.30 |
API Access
Altria 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=payout-ratio&ticker=MO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=payout-ratio&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();