Altria (MO) Stock Analysis

July 23, 2026

This is a peer-relative look at Altria (MO): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Food, Beverage & Tobacco peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Altria (MO)
Profile Item	MO
Name	Altria Group, Inc.
Country/Region	United States
GICS Sector	Consumer Staples
GICS Industry Group	Food, Beverage & Tobacco
GICS Industry	Tobacco
GICS Sub-Industry	Tobacco
Market Capitalization	121.89 billion USD
Currency	USD
Exchange	NYSE
Listing Date	January 2, 1962
Security Type	Common Stock

Price Performance

Cumulative Growth

GSPC

Altria (MO) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Altria (MO) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Altria (MO) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Altria (MO) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: MO	Industry group median
Total Return (1Y)	32.28%	0.15%
Total Return (3Y, Annualized)	26.24%	0.36%
Total Return (5Y, Annualized)	17.81%	1.03%

Risk Profile

Drawdown History

GSPC

Altria (MO) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Altria (MO) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Altria (MO) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: MO	Industry group median
Volatility (1Y, Annualized)	23.35%	31.35%
Beta (5Y)	0.46	0.45
Max Drawdown (5Y)	-25.83%	-49.32%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. MO is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Altria (MO) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: MO	Industry group median
Sharpe Ratio (1Y)	1.21	-0.15
Sortino Ratio (1Y)	1.76	-0.20

Profitability

ROE (TTM)

No usable ROE is available for Altria (MO) this period, so the shareholder-equity return read is skipped.

MO

Food, Beverage & Tobacco industry group

Group distribution

Max: 34.02%
Q3: 18.27%
Median: 14.93%
Q1: 3.98%
Min: -12.58%
MO: --

Largest peers

PEP: 51.51%
KO: 43.37%
MNST: 26.65%
BTI: 15.82%
MO: --
PM: --
BUD: --

Altria (MO) doesn’t report ROE this period; the box shows the Food, Beverage & Tobacco group’s distribution and the dots its largest members.

Net Margin (TTM)

Altria (MO) keeps 39.52% of revenue as net profit on net margin, above the industry benchmark range. That is unusually strong bottom-line conversion, though tax effects, asset sales, or other one-off gains should be checked before treating it as durable.

MO

Food, Beverage & Tobacco industry group

39.52%

Group distribution

MO: 39.52%
Max: 27.80%
Q3: 12.49%
Median: 6.11%
Q1: 1.35%
Min: -14.28%

Largest peers

MO: 39.52%
BTI: 30.32%
KO: 27.80%
PM: 26.74%
MNST: 23.11%
BUD: 11.90%
PEP: 10.79%

Where Altria (MO) stands on net margin within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Altria (MO) turns 62.30% of revenue into operating profit on operating margin, above the industry benchmark range. Core operations are retaining an unusually large share before interest and taxes, which points to pricing power or tight cost control if the margin is sustainable.

MO

Food, Beverage & Tobacco industry group

62.30%

Group distribution

MO: 62.30%
Max: 36.04%
Q3: 17.42%
Median: 10.90%
Q1: 3.74%
Min: -7.33%

Largest peers

MO: 62.30%
PM: 36.04%
KO: 35.06%
BTI: 34.58%
MNST: 31.02%
BUD: 26.69%
PEP: 16.84%

Where Altria (MO) stands on operating margin within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Altria (MO) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: MO	Industry group median
ROE (TTM)	--	14.93%
ROA (TTM)	27.61%	5.50%
Net Margin (TTM)	39.52%	6.11%
Operating Margin (TTM)	62.30%	10.90%
Gross Margin (TTM)	87.38%	34.44%

Growth

Revenue Growth

Altria (MO) grew revenue -1.49%, in the lower peer quartile. The top line is expanding more slowly than at most peers, which can reflect softer demand, lost share, or weaker pricing.

Altria (MO): Revenue Growth across different time periods, set against Food, Beverage & Tobacco industry-group medians.

EPS Growth

Altria (MO) grew earnings per share -37.00%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

Altria (MO): EPS Growth across different time periods, set against Food, Beverage & Tobacco industry-group medians.

Growth Metrics

Altria (MO) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: MO	Industry group median
Revenue Growth (YoY)	-1.49%	2.97%
Revenue Growth (3Y CAGR)	-0.89%	3.03%
EPS Growth (YoY)	-37.00%	-2.63%
EPS Growth (3Y CAGR)	8.90%	4.72%

Financial Strength

Current Ratio (MRQ)

Altria (MO) has current ratio of 0.62, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

MO

Food, Beverage & Tobacco industry group

0.62

Group distribution

Max: 4.39
Q3: 2.41
Median: 1.60
Q1: 1.02
MO: 0.62
Min: 0.54

Largest peers

MNST: 3.26
KO: 1.36
PM: 0.98
PEP: 0.93
BTI: 0.87
MO: 0.62
BUD: --

Where Altria (MO) stands on current ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

No usable debt-to-equity ratio is available for Altria (MO) this period, so the balance-sheet leverage read is skipped.

MO

Food, Beverage & Tobacco industry group

Group distribution

Max: 2.20
Q3: 1.15
Median: 0.67
Q1: 0.34
Min: 0.00
MO: --

Largest peers

PEP: 2.39
KO: 1.25
BUD: 0.75
BTI: 0.73
MNST: 0.01
MO: --
PM: --

Altria (MO) doesn’t report debt-to-equity ratio this period; the box shows the Food, Beverage & Tobacco group’s distribution and the dots its largest members.

Financial Strength Metrics

Altria (MO) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: MO	Industry group median
Current Ratio (MRQ)	0.62	1.60
Debt / Equity (MRQ)	--	0.67
Net Debt / EBITDA	1.33	2.25

Dividends

Dividend Yield (TTM)

Altria (MO) has dividend yield of 5.63%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.

MO

Food, Beverage & Tobacco industry group

5.63%

Group distribution

Max: 9.56%
MO: 5.63%
Q3: 4.15%
Median: 2.57%
Q1: 0.00%
Min: 0.00%

Largest peers

MO: 5.63%
PEP: 4.24%
BTI: 3.92%
PM: 2.99%
KO: 2.51%
BUD: 0.00%
MNST: 0.00%

Where Altria (MO) stands on dividend yield within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Altria (MO) has payout ratio of 87.68%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

MO

Food, Beverage & Tobacco industry group

87.68%

Group distribution

Max: 159.06%
MO: 87.68%
Q3: 85.24%
Median: 44.62%
Q1: 0.00%
Min: 0.00%

Largest peers

MO: 87.68%
PM: 81.09%
PEP: 75.33%
BTI: 68.73%
KO: 64.78%
BUD: 36.02%
MNST: 0.00%

Where Altria (MO) stands on payout ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Altria (MO) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: MO	Industry group median
Dividend Yield (TTM)	5.63%	2.57%
Dividend Payout Ratio (TTM)	87.68%	44.62%

Valuation

P/E Ratio (TTM)

Altria (MO) trades at P/E ratio of 15.56, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

MO

Food, Beverage & Tobacco industry group

15.56

Group distribution

Max: 53.44
Q3: 29.84
Median: 18.36
MO: 15.56
Q1: 13.03
Min: 5.50

Largest peers

MNST: 45.63
PM: 27.10
KO: 25.86
BUD: 22.34
PEP: 17.76
MO: 15.56
BTI: 13.56

Where Altria (MO) stands on P/E ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Altria (MO) trades at 5.98 on P/S ratio, above the industry benchmark range. The stock is being valued at an unusually rich price per dollar of trailing revenue.

MO

Food, Beverage & Tobacco industry group

5.98

Group distribution

MO: 5.98
Max: 4.15
Q3: 2.38
Median: 1.04
Q1: 0.57
Min: 0.00

Largest peers

MNST: 10.51
KO: 7.16
PM: 7.06
MO: 5.98
BTI: 5.17
BUD: 2.58
PEP: 1.90

Where Altria (MO) stands on P/S ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Altria (MO) has negative P/B ratio of -37.98, which means reported book equity is negative. Price-to-book breaks down in this situation and should not be used as a valuation signal.

MO

Food, Beverage & Tobacco industry group

-37.98

Group distribution

Max: 5.75
Q3: 3.46
Median: 1.75
Q1: 0.99
Min: 0.00
MO: -37.98

Largest peers

BUD: 10.91
BTI: 10.78
MNST: 10.58
KO: 10.49
PEP: 8.64
PM: -31.58
MO: -37.98

Where Altria (MO) stands on P/B ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Altria (MO) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: MO	Industry group median
P/E Ratio (TTM)	15.56	18.36
P/S Ratio (TTM)	5.98	1.04
P/B Ratio (MRQ)	-37.98	1.75
Free Cash Flow Yield (TTM)	7.01%	4.58%