MO Stock Analysis: Altria | NYSE

Tobacco | NYSE, USA | Market Cap: 119.881m USD | 12M Return: 34.3% | Charts, Fundamentals & Technical Analysis

Cigarettes, Smokeless Tobacco, Nicotine Pouches, E-Vapor
Total Rating 79
Safety 85
Buy Signal 0.98
Tobacco
Industry Rotation: +8.7
Market Cap: 120B
Avg Turnover: 512M
Risk 3d forecast
Volatility22.5%
VaR 5th Pctl3.76%
VaR vs Median1.60%
Reward TTM
Sharpe Ratio1.21
Rel. Str. IBD77.3
Rel. Str. Peer Group82.9
Character TTM
Beta-0.333
Beta Downside-0.355
Hurst Exponent0.447
Drawdowns 3y
Max DD16.36%
CAGR/Max DD1.70
CAGR/Mean DD6.71
EPS (Earnings per Share) EPS (Earnings per Share) of MO over the last years for every Quarter: "2021-06": 1.23, "2021-09": 1.22, "2021-12": 1.09, "2022-03": 1.12, "2022-06": 1.26, "2022-09": 1.28, "2022-12": 1.18, "2023-03": 1.18, "2023-06": 1.31, "2023-09": 1.28, "2023-12": 1.18, "2024-03": 1.15, "2024-06": 1.31, "2024-09": 1.38, "2024-12": 1.29, "2025-03": 1.23, "2025-06": 1.44, "2025-09": 1.45, "2025-12": 1.3, "2026-03": 1.32,
EPS CAGR: 4.61%
EPS Trend: 93.9%
Last SUE: 2.30
Qual. Beats: 1
Revenue Revenue of MO over the last years for every Quarter: 2021-06: 5614, 2021-09: 5531, 2021-12: 5086, 2022-03: 4819, 2022-06: 5374, 2022-09: 5412, 2022-12: 5083, 2023-03: 4763, 2023-06: 5438, 2023-09: 5277, 2023-12: 5024, 2024-03: 4717, 2024-06: 5277, 2024-09: 5344, 2024-12: 5106, 2025-03: 4519, 2025-06: 5290, 2025-09: 5251, 2025-12: 5846, 2026-03: 5428,
Rev. CAGR: 0.79%
Rev. Trend: 33.3%
Last SUE: 4.00
Qual. Beats: 1

Warnings

No concerns identified

Tailwinds

Idiosyncratic Leader
Confidence

Seasonality 10.5 years of data

Jan -0.3% 0
Feb +2.2% 45
Mar +2.3% 14
Apr +0.1% 5
May -1.3% 27
Jun -0.1% 0
Jul +1.5% 10
Aug +1.0% 12
Sep -4.0% 40
Oct +0.5% 5
Nov +3.5% 21
Dec -0.2% 11

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: MO Altria

Altria Group is a major U.S. tobacco company headquartered in Richmond, Virginia, founded in 1822. The company manufactures and sells a portfolio of smokeable and oral tobacco products, with its flagship Marlboro cigarette brand dominating the U.S. cigarette market. Beyond cigarettes, Altria offers large cigars and pipe tobacco (Black & Mild), moist smokeless tobacco and traditional oral products (Copenhagen, Skoal, Red Seal, Husky), oral nicotine pouches (on!), and e-vapor products (NJOY ACE). Its products are distributed through wholesale distributors and large retail chains.

As a Consumer Staples company in the GICS Tobacco sub-industry, Altria operates in a heavily regulated sector with strict marketing restrictions and ongoing litigation exposure. The tobacco industry has long faced secular volume declines in traditional cigarettes, prompting major producers to invest in reduced-risk products such as nicotine pouches and e-vapor as potential growth areas, though these categories remain smaller than legacy tobacco lines.

Headlines to Watch Out For
  • Marlboro cigarette volumes decline as smoking rates fall
  • On! oral nicotine pouches gain share against Zyn
  • FDA moves toward menthol cigarette ban and oral pouch approval
Piotroski VR-10 (Strict) 6.5
Net Income: 8.05b TTM > 0 and > 6% of Revenue
FCF/TA: 0.25 > 0.02 and ΔFCF/TA 1.30 > 1.0
NWC/Revenue: -17.10% < 20% (prev -22.60%; Δ 5.50% < -1%)
CFO/TA 0.26 > 3% & CFO 8.89b > Net Income 8.05b
Net Debt (21.1b) to EBITDA (11.9b): 1.78 < 3
Current Ratio: 0.56 > 1.5 & < 3
Outstanding Shares: last quarter (1.67b) vs 12m ago -1.01% < -2%
Gross Margin: 67.84% > 18% (prev 70.81%; Δ -2.97% > 0.5%)
Asset Turnover: 62.02% > 50% (prev 56.62%; Δ 5.41% > 0%)
Interest Coverage Ratio: 10.83 > 6 (EBIT TTM 11.6b / Interest Expense TTM 1.07b)
Altman Z'' 4.81
A: -0.11 (Total Current Assets 4.68b - Total Current Liabilities 8.41b) / Total Assets 34.6b
B: 1.04 (Retained Earnings 35.9b / Total Assets 34.6b)
C: 0.33 (EBIT TTM 11.6b / Avg Total Assets 35.2b)
D: -0.09 (Book Value of Equity -3.21b / Total Liabilities 37.7b)
Altman-Z'' = 4.81 = AA
Beneish M -2.89
DSRI: 1.02 (Receivables 284.0m/258.0m, Revenue 21.8b/20.2b)
GMI: 1.04 (GM 70.81% / 67.84%)
AQI: 1.04 (AQ_t 0.81 / AQ_t-1 0.79)
SGI: 1.08 (Revenue 21.8b / 20.2b)
TATA: -0.02 (NI 8.05b - CFO 8.89b) / TA 34.6b)
Beneish M = -2.89 (Cap -4..+1) = A
What is the price of MO shares?

As of July 22, 2026, the stock is trading at USD 74.66 with a total of 6,709,162 shares traded. Over the past week, the price has changed by +3.88%, over one month by +4.26%, over three months by +17.27% and over the past year by +34.33%.

Current recommended Stop Loss: 72.30 (which is 3.2% or 1.3 ATR below the current price).

Is MO a buy, sell or hold?

Altria has received a consensus analysts rating of 3.38. Therefore, it is recommended to hold MO.

  • StrongBuy: 4
  • Buy: 0
  • Hold: 7
  • Sell: 1
  • StrongSell: 1

What are the forecasts/targets for the MO price?
Analysts Target Price 70.6 -5.4%
Altria (MO) - Fundamental Data Overview as of 22 July 2026
Market Cap USD = 120b (120b USD * 1.0 USD.USD)
P/E Trailing = 14.9875
P/E Forward = 12.8205
P/S = 5.8829
P/B = 25.2407
P/EG = 1.6435
Revenue TTM = 21.8b USD
EBIT TTM = 11.6b USD
EBITDA TTM = 11.9b USD
Long Term Debt = 24.1b USD (from longTermDebt, last quarter)
Short Term Debt = 542.0m USD (from shortTermDebt, last quarter)
Debt = 24.6b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.1b USD (calculated: Debt 24.6b - CCE 3.53b)
Enterprise Value = 141b USD (120b + Debt 24.6b - CCE 3.53b)
Interest Coverage Ratio = 10.83 (Ebit TTM 11.6b / Interest Expense TTM 1.07b)
EV/FCF = 16.35x (Enterprise Value 141b / FCF TTM 8.62b)
FCF Yield = 6.12% (FCF TTM 8.62b / Enterprise Value 141b)
FCF Margin = 39.53% (FCF TTM 8.62b / Revenue TTM 21.8b)
Net Margin = 36.91% (Net Income TTM 8.05b / Revenue TTM 21.8b)
Gross Margin = 67.84% ((Revenue TTM 21.8b - Cost of Revenue TTM 7.02b) / Revenue TTM)
Gross Margin QoQ = 64.59% (prev 62.11%)
Tobins Q-Ratio = 4.08 (Enterprise Value 141b / Total Assets 34.6b)
Interest Expense / Debt = 4.37% (Interest Expense 1.07b / Debt 24.6b)
Taxrate = 23.78% (2.51b / 10.6b)
NOPAT = 8.87b (EBIT 11.6b * (1 - 23.78%))
Current Ratio = 0.56 (Total Current Assets 4.68b / Total Current Liabilities 8.41b)
 Debt / Equity = -7.66 (negative equity) (Debt 24.6b / totalStockholderEquity, last quarter -3.21b)
 Debt / EBITDA = 1.78 (Net Debt 21.1b / EBITDA 11.9b)
Debt / FCF = 2.44 (Net Debt 21.1b / FCF TTM 8.62b)
Total Stockholder Equity = -3.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 22.90% (Net Income 8.05b / Total Assets 34.6b)
 RoE = -255.3% (negative equity) (Net Income TTM 8.05b / Total Stockholder Equity -3.15b)
 RoCE = 55.68% (EBIT 11.6b / Capital Employed (Equity -3.15b + L.T.Debt 24.1b))
RoIC = 34.62% (NOPAT 8.87b / Invested Capital 25.6b)
WACC = 4.56% (E(120b)/V(144b) * Re(4.81%) + D(24.6b)/V(144b) * Rd(4.37%) * (1-Tc(0.24)))
Discount Rate = 4.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.04 | Cagr: -2.43%
[DCF] Terminal Value 75.71% ; FCFF base≈8.55b ; Y1≈8.73b ; Y5≈9.57b
[DCF] Fair Price = 76.19 (EV 148b - Net Debt 21.1b = Equity 127b / Shares 1.67b; r=8.35% [WACC [floored]]; 5y FCF grow 2.04% → 2.50% )
EPS Correlation: 93.93 | EPS CAGR: 4.61% | SUE: 2.30 | # QB: 1
Revenue Correlation: 33.25 | Revenue CAGR: 0.79% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.50 | Chg30d=+0.27% | Revisions=+73% | Analysts=11
EPS next Quarter (2026-09-30): EPS=1.51 | Chg30d=+0.09% | Revisions=-18% | Analysts=11
EPS current Year (2026-12-31): EPS=5.68 | Chg30d=+0.09% | Revisions=+79% | GrowthEPS=+4.9% | GrowthRev=+2.0%
EPS next Year (2027-12-31): EPS=5.88 | Chg30d=+0.06% | Revisions=+79% | GrowthEPS=+3.4% | GrowthRev=+0.7%
[Analyst] Revisions Ratio: +68% (up=33, down=5)