Altria Group, Inc. (MO)
NYSE: MO · Real-Time Price · USD
78.18
+1.43 (1.86%)
Oct 30, 2026, 2:58 PM EDT - Market open
Altria Group Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 8,112 | 6,947 | 11,264 | 8,130 | 5,764 | 2,475 |
Depreciation & Amortization | 226 | 266 | 286 | 272 | 226 | 244 |
Loss (Gain) From Sale of Assets | - | - | -2,700 | - | - | - |
Asset Writedown & Restructuring Costs | 1,261 | 2,118 | 389 | - | - | - |
Loss (Gain) on Equity Investments | -413 | -510 | -652 | -243 | 3,656 | 5,979 |
Other Operating Activities | 73 | 393 | 15 | 1,175 | -804 | -296 |
Change in Accounts Receivable | -93 | -86 | -106 | 6 | -21 | -18 |
Change in Inventory | -77 | -27 | 102 | -15 | 14 | 57 |
Change in Accounts Payable | 107 | 34 | 116 | 38 | 92 | 163 |
Change in Income Taxes | 608 | 690 | 798 | 6 | -118 | -149 |
Change in Other Net Operating Assets | -382 | -535 | -759 | -82 | -553 | -50 |
Operating Cash Flow | 9,422 | 9,290 | 8,753 | 9,287 | 8,256 | 8,405 |
Operating Cash Flow Growth | 0.67% | 6.13% | -5.75% | 12.49% | -1.77% | 0.24% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -351 | -216 | -142 | -196 | -205 | -169 |
Cash Acquisitions | - | - | - | -2,751 | - | - |
Divestitures | - | - | - | - | - | 1,176 |
Sale (Purchase) of Intangibles | - | - | - | 1,700 | 1,000 | - |
Investment in Securities | - | - | 2,353 | - | - | - |
Other Investing Activities | -126 | -125 | -36 | -36 | -13 | 205 |
Investing Cash Flow | -477 | -341 | 2,175 | -1,283 | 782 | 1,212 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | 2,000 | - | - |
Long-Term Debt Issued | - | 1,992 | - | 998 | - | 5,472 |
Total Debt Issued | - | 1,992 | - | 2,998 | - | 5,472 |
Short-Term Debt Repaid | - | - | - | -2,000 | - | - |
Long-Term Debt Repaid | - | -1,607 | -1,121 | -1,566 | -1,105 | -6,542 |
Total Debt Repaid | -1,569 | -1,607 | -1,121 | -3,566 | -1,105 | -6,542 |
Net Debt Issued (Repaid) | -1,569 | 385 | -1,121 | -568 | -1,105 | -1,070 |
Repurchase of Common Stock | -1,023 | -1,000 | -3,400 | -1,000 | -1,825 | -1,675 |
Common Dividends Paid | -7,115 | -6,960 | -6,845 | -6,779 | -6,599 | -6,446 |
Other Financing Activities | -23 | -40 | -125 | -27 | -12 | -838 |
Financing Cash Flow | -9,730 | -7,615 | -11,491 | -8,374 | -9,541 | -10,029 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -785 | 1,334 | -563 | -370 | -503 | -412 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 9,071 | 9,074 | 8,611 | 9,091 | 8,051 | 8,236 |
Free Cash Flow Growth | -1.27% | 5.38% | -5.28% | 12.92% | -2.25% | 1.01% |
Free Cash Flow Margin | 39.87% | 45.06% | 42.12% | 44.34% | 38.92% | 39.01% |
Free Cash Flow Per Share | 5.42 | 5.39 | 5.01 | 5.12 | 4.46 | 4.46 |
Levered Free Cash Flow | 6,897 | 7,335 | 4,615 | 13,092 | 8,350 | 7,367 |
Unlevered Free Cash Flow | 7,638 | 8,069 | 5,317 | 13,803 | 9,054 | 8,108 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,114 | 1,114 | 1,113 | 1,116 | 1,119 | 1,189 |
Cash Income Tax Paid | 1,695 | 1,695 | 1,709 | 1,874 | 2,657 | 2,673 |
Change in Working Capital | 163 | 76 | 151 | -47 | -586 | 3 |