# Altria Group, Inc. (MO) — Stock CV

Altria Group, Inc. is a $119B consumer staples company. Revenue shrank 0.6% over the last year, it keeps 34¢ of every dollar of sales as profit, and its net debt equals ~2.2 years of free cash flow. It trades at 15.0× earnings — around the middle of its own history.

> Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations.

## Identity

- **Ticker**: MO
- **Sector**: Consumer Defensive
- **Industry**: Cigarettes
- **Headquarters**: RICHMOND, VA
- **Employees**: 5 900
- **Website**: https://www.altria.com
- **Market cap**: $119B
- **Last price**: $71.51
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $23.5B
- **Net income**: $7.97B
- **Free cash flow**: $9.11B
- **Net debt**: $19.7B
- **P/E**: 15.0
- **Revenue growth (YoY)**: -0.6%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 57 |
| Growth | 65 |
| Profitability | 100 |
| Health | 25 |
| Quality | 85 |
| Moat | 70 |

## Qualifications (beginner checklist) — 9 of 11 passed

- [ ] Revenue growing — -0.6% YoY
- [x] Profitable — $7.97B TTM
- [x] Profit growing — +8.9% YoY
- [x] Generates cash — $9.11B TTM
- [x] Debt under control — ~2.2y of cash flow to repay
- [x] Established company — $119B market cap
- [x] Not printing shares — -6.7% shares over ~5y
- [x] Proven track record — 9/10 profitable years
- [ ] Financially stable — health score 25/100
- [x] Pays a dividend — yield 5.90%
- [x] Valuation not extreme — P/E 15.0

## Experience (career milestones)

- **FY2016** — First recorded profitable year: $14.2B net income
- **FY2016** — Revenue already above $10B: $25.7B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **FY2016** — Best year on record: $14.2B net income

## Strengths

- High gross margin (62.9%)
- Strongly profitable — 34.0% net margin
- Strong cash conversion — FCF is 38.8% of revenue
- Interest covered 17.7× by operating earnings
- High returns on invested capital (ROIC 43.0%)

## Watch-outs

- Revenue shrinking 0.6% year over year
- Loss-making in 1 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $26.0B | $2.48B | $8.24B |
| FY2022 | $25.1B | $5.76B | $8.05B |
| FY2023 | $24.5B | $8.13B | $9.09B |
| FY2024 | $24.0B | $11.3B | $8.61B |
| FY2025 | $23.3B | $6.95B | $9.07B |

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Source: https://stockcv.com/MO — derived from company filings; may be delayed or incomplete. Information, not investment advice.