Altria (MO) Shares Outstanding (2009 - 2026)
Altria (MO) reported Shares Outstanding of 1.67 billion for Q2 2026, down 0.8% from 1.68 billion a year earlier and down 0.2% from the prior quarter.
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Analysis
Altria (MO) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Altria posted Shares Outstanding of 1.68 billion, down 2.0% from FY2024.
- Shares Outstanding has declined for 15 consecutive years, with a five-year compound annual growth rate of -2.0% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 1.72 billion in FY2024 (-3.3%), 1.78 billion in FY2023 (-1.5%), 1.8 billion in FY2022 (-2.2%) and 1.85 billion in FY2021 (-0.7%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding in data going back to Q2 2009.
- Year over year, Shares Outstanding has now declined in each of the last 60 quarters, with an average decline of 2.3% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 0.7% (Q4 2021) and 3.9% (Q3 2024) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.67 billion (Q1 2026), 1.68 billion (Q4 2025) and 1.68 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 1.56 Bn |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | 2.19 Bn |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 1.67 Bn |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 263.07 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 1.22 Bn |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 192.71 Mn |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 221.02 Mn |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 373.61 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 19.89 Mn |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | 73.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Bn |
| Mar 31, 2026 | 1.67 Bn |
| Dec 31, 2025 | 1.68 Bn |
| Sep 30, 2025 | 1.68 Bn |
| Jun 30, 2025 | 1.68 Bn |
| Mar 31, 2025 | 1.69 Bn |
| Dec 31, 2024 | 1.72 Bn |
| Sep 30, 2024 | 1.70 Bn |
| Jun 30, 2024 | 1.72 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Dec 31, 2023 | 1.78 Bn |
| Sep 30, 2023 | 1.77 Bn |
| Jun 30, 2023 | 1.78 Bn |
| Mar 31, 2023 | 1.79 Bn |
| Dec 31, 2022 | 1.80 Bn |
| Sep 30, 2022 | 1.80 Bn |
| Jun 30, 2022 | 1.81 Bn |
| Mar 31, 2022 | 1.82 Bn |
| Dec 31, 2021 | 1.85 Bn |
| Sep 30, 2021 | 1.84 Bn |
API Access
Altria Shares Outstanding 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=shares-outstanding&ticker=MO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();