MO – Dividend Returns, History & Calculator

Dividend Champion 55 Years

Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist s

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Company Info

Symbol MO

Company Altria Group, Inc.

Sector Consumer Defensive

Industry Tobacco

Website Visit

Market Cap $110,385.6M

Price Data

Price $65.71

Price Change +0.52

Price Change % +0.80%

Next Earnings Oct 30, 2025

Low (52W) $48.86

High (52W) $68.60

Dividend Data

Div Yield 645.26%

5Y Avg Yield 903.14%

Current Div $1.060

Payouts/Year 4

Annualized $4.240

Previous Div $1.020

Ex-Date Sep 15, 2025

Growth Rates

Chowder Number 10.5

DGR 1Y 4.0%

DGR 3Y 4.2%

DGR 5Y 4.0%

DGR 10Y 6.8%

Total Returns

TTR 1Y - With Specials 46.8%

TTR 3Y - With Specials 29.2%

TTR 1Y - No Specials 46.8%

TTR 3Y - No Specials 29.2%

Fair Value

Fair Value (P/E 10) $53.00

FV (P/E 10) % 24.0%

Fair Value (Peter Lynch) $25.85

FV (Peter Lynch) % 154.0%

Fair Value (Blended) $55.19

FV (Blended) % 19.0%

Financial Metrics

Revenue 1Y -0.3%

NPM 43.4%

CF/Share $5.28

Current R 0.4x

Debt/Capital 1.2%

ROTC 43.1%

P/E 12.7x

PEG 4.37

📊 Financial data last updated: September 29, 2025 12:20 pm

MO 10-yr Total Return ($10,000 invested)

This analysis of MO demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 8.3% CAGR, representing moderate long-term performance. Recent 5-year performance has been particularly strong at 19.4% annually, outpacing the 10-year average. The DRIP strategy provided 20% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Date	With DRIP	No DRIP	DRIP Advantage	Dividend
2015-12-22	$10,098	$10,098	$0	$0.565
2016-03-11	$10,938	$10,930	$8	$0.565
2016-06-13	$11,537	$11,517	$19	$0.565
2016-09-13	$11,416	$11,400	$16	$0.610
2016-12-20	$12,206	$12,161	$45	$0.610
2017-03-13	$13,823	$13,705	$118	$0.610
2017-06-13	$13,806	$13,690	$117	$0.610
2017-09-14	$11,594	$11,611	$-17	$0.660
2017-12-20	$13,638	$13,511	$127	$0.660
2018-03-14	$12,120	$12,113	$7	$0.700
2018-06-14	$10,901	$11,001	$-100	$0.700
2018-09-13	$11,970	$11,964	$6	$0.800
2018-12-24	$9,419	$9,696	$-278	$0.800
2019-03-22	$11,233	$11,282	$-49	$0.800
2019-06-13	$10,447	$10,605	$-158	$0.800
2019-09-13	$8,742	$9,158	$-416	$0.840
2019-12-24	$10,637	$10,735	$-98	$0.840
2020-03-24	$7,028	$7,782	$-754	$0.840
2020-06-12	$8,675	$9,096	$-420	$0.840
2020-09-14	$9,724	$9,914	$-190	$0.860
2020-12-24	$9,629	$9,842	$-212	$0.860
2021-03-24	$11,626	$11,339	$287	$0.860
2021-06-14	$11,492	$11,240	$252	$0.860
2021-09-14	$11,776	$11,446	$330	$0.900
2021-12-22	$11,633	$11,344	$288	$0.900
2022-03-24	$13,250	$12,473	$778	$0.900
2022-06-14	$11,910	$11,554	$357	$0.900
2022-09-14	$10,987	$10,932	$54	$0.940
2022-12-21	$12,241	$11,758	$484	$0.940
2023-03-23	$11,922	$11,552	$370	$0.940
2023-06-14	$12,314	$11,799	$515	$0.940
2023-09-14	$12,631	$11,995	$636	$0.980
2023-12-20	$11,823	$11,507	$316	$0.980
2024-03-22	$12,897	$12,140	$757	$0.980
2024-06-14	$13,593	$12,542	$1,051	$0.980
2024-09-16	$16,169	$13,996	$2,173	$1.020
2024-12-26	$16,770	$14,328	$2,441	$1.020
2025-03-25	$18,405	$15,216	$3,189	$1.020
2025-06-16	$19,415	$15,755	$3,660	$1.020
2025-09-15	$21,776	$16,992	$4,783	$1.060

Total Return with and without DRIP (MO)

Over the selected period, investing $10,000 in MO would grow to $54,263 with DRIP (442.6%), and $32,534 without DRIP (225.3%).

MO Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in MO with historic price growth (1.86%) and dividend growth (6.49%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $217,387

Annual Dividend: $34,136

Yield on Cost: 100.40%

Total Dividends: $158,922

No DRIP

Portfolio: $100,567

Total Dividends: $57,072

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $1,738,698

Annual Dividend: $426,042

Yield on Cost: 926.18%

Total Dividends: $1,542,204

No DRIP

Portfolio: $228,148

Total Dividends: $162,668

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $38,837 against a total investment of $25,600. At this point, your portfolio is throwing off $8,310 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $18,177, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $158,922 versus $34,000 invested, nearly a 467% recovery of capital purely from income. Yield on cost reaches 100.40%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $109,631 is greater than total contributions to date ($40,000), and cumulative dividends exceed $461,761.

By year 30, the DRIP snowball is in full force. Yearly income reaches $426,042, cumulative dividends total $1,542,204, and the DRIP portfolio value stands at $1,738,698, compared with $228,148 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for MO, price $65.75, dividend per period $1.06 (4Ã/year), along with historic growth assumptions: price growth 1.86% and dividend growth 6.49% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that monthâs price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the NoâDRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isnât investment advice; itâs a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for MO

Based on past 10-year performance, here are MO growth metrics:

Share price CAGR of +16.95%

Dividend CAGR of +6.97%

Using MO CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

	MO (DRIP)	MO (No DRIP)
Current Price	$65.82	$65.82
Start Shares	151.93	151.93
Start Value	$10,000	$10,000
After 10 years:
Final Share Count	223.08	151.93
Dividends Payment	$8.00	$8.00
Annual Dividends	$1,741	$1,216
Yield on cost	17.41%	12.16%
Share Price	$315.05	$315.05
Total Dividends	$11,490	$9,148
Final Value	$70,283	$57,014

Estimated Future Value + Dividends – MO

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Date	Dividend	Share Price	Yield %	TTM Dividend	TTM Yield %
2015-12-22	$0.5650	$57.77	0.98%	$2.1700	3.76%
2016-03-11	$0.5650	$62.01	0.91%	$2.2150	3.57%
2016-06-13	$0.5650	$64.84	0.87%	$2.2600	3.49%
2016-09-13	$0.6100	$63.55	0.96%	$2.3050	3.63%
2016-12-20	$0.6100	$67.34	0.91%	$2.3500	3.49%
2017-03-13	$0.6100	$75.65	0.81%	$2.3950	3.17%
2017-06-13	$0.6100	$74.95	0.81%	$2.4400	3.26%
2017-09-14	$0.6600	$62.28	1.06%	$2.4900	4.00%
2017-12-20	$0.6600	$72.60	0.91%	$2.5400	3.50%
2018-03-14	$0.7000	$63.82	1.10%	$2.6300	4.12%
2018-06-14	$0.7000	$56.70	1.23%	$2.7200	4.80%
2018-09-13	$0.8000	$61.46	1.30%	$2.8600	4.65%
2018-12-24	$0.8000	$47.56	1.68%	$3.0000	6.31%
2019-03-22	$0.8000	$55.92	1.43%	$3.1000	5.54%
2019-06-13	$0.8000	$51.21	1.56%	$3.2000	6.25%
2019-09-13	$0.8400	$42.01	2.00%	$3.2400	7.71%
2019-12-24	$0.8400	$50.28	1.67%	$3.2800	6.52%
2020-03-24	$0.8400	$32.38	2.59%	$3.3200	10.25%
2020-06-12	$0.8400	$39.13	2.15%	$3.3600	8.59%
2020-09-14	$0.8600	$43.00	2.00%	$3.3800	7.86%
2020-12-24	$0.8600	$41.72	2.06%	$3.4000	8.15%
2021-03-24	$0.8600	$49.51	1.74%	$3.4200	6.91%
2021-06-14	$0.8600	$48.08	1.79%	$3.4400	7.15%
2021-09-14	$0.9000	$48.37	1.86%	$3.4800	7.19%
2021-12-22	$0.9000	$46.88	1.92%	$3.5200	7.51%
2022-03-24	$0.9000	$52.50	1.71%	$3.5600	6.78%
2022-06-14	$0.9000	$46.29	1.94%	$3.6000	7.78%
2022-09-14	$0.9400	$41.76	2.25%	$3.6400	8.72%
2022-12-21	$0.9400	$45.59	2.06%	$3.6800	8.07%
2023-03-23	$0.9400	$43.46	2.16%	$3.7200	8.56%
2023-06-14	$0.9400	$43.95	2.14%	$3.7600	8.56%
2023-09-14	$0.9800	$44.10	2.22%	$3.8000	8.62%
2023-12-20	$0.9800	$40.30	2.43%	$3.8400	9.53%
2024-03-22	$0.9800	$42.98	2.28%	$3.8800	9.03%
2024-06-14	$0.9800	$44.32	2.21%	$3.9200	8.84%
2024-09-16	$1.0200	$51.70	1.97%	$3.9600	7.66%
2024-12-26	$1.0200	$52.60	1.94%	$4.0000	7.60%
2025-03-25	$1.0200	$56.71	1.80%	$4.0400	7.12%
2025-06-16	$1.0200	$58.80	1.73%	$4.0800	6.94%
2025-09-15	$1.0600	$64.89	1.63%	$4.1200	6.35%

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Date	Dividend	Share Price	Yield %	QoQ Change
2015-12-22	$0.5650	$57.77	0.98%	N/A
2016-03-11	$0.5650	$62.01	0.91%	+0.0%
2016-06-13	$0.5650	$64.84	0.87%	+0.0%
2016-09-13	$0.6100	$63.55	0.96%	+8.0%
2016-12-20	$0.6100	$67.34	0.91%	+0.0%
2017-03-13	$0.6100	$75.65	0.81%	+0.0%
2017-06-13	$0.6100	$74.95	0.81%	+0.0%
2017-09-14	$0.6600	$62.28	1.06%	+8.2%
2017-12-20	$0.6600	$72.60	0.91%	+0.0%
2018-03-14	$0.7000	$63.82	1.10%	+6.1%
2018-06-14	$0.7000	$56.70	1.23%	+0.0%
2018-09-13	$0.8000	$61.46	1.30%	+14.3%
2018-12-24	$0.8000	$47.56	1.68%	+0.0%
2019-03-22	$0.8000	$55.92	1.43%	+0.0%
2019-06-13	$0.8000	$51.21	1.56%	+0.0%
2019-09-13	$0.8400	$42.01	2.00%	+5.0%
2019-12-24	$0.8400	$50.28	1.67%	+0.0%
2020-03-24	$0.8400	$32.38	2.59%	+0.0%
2020-06-12	$0.8400	$39.13	2.15%	+0.0%
2020-09-14	$0.8600	$43.00	2.00%	+2.4%
2020-12-24	$0.8600	$41.72	2.06%	+0.0%
2021-03-24	$0.8600	$49.51	1.74%	+0.0%
2021-06-14	$0.8600	$48.08	1.79%	+0.0%
2021-09-14	$0.9000	$48.37	1.86%	+4.7%
2021-12-22	$0.9000	$46.88	1.92%	+0.0%
2022-03-24	$0.9000	$52.50	1.71%	+0.0%
2022-06-14	$0.9000	$46.29	1.94%	+0.0%
2022-09-14	$0.9400	$41.76	2.25%	+4.4%
2022-12-21	$0.9400	$45.59	2.06%	+0.0%
2023-03-23	$0.9400	$43.46	2.16%	+0.0%
2023-06-14	$0.9400	$43.95	2.14%	+0.0%
2023-09-14	$0.9800	$44.10	2.22%	+4.3%
2023-12-20	$0.9800	$40.30	2.43%	+0.0%
2024-03-22	$0.9800	$42.98	2.28%	+0.0%
2024-06-14	$0.9800	$44.32	2.21%	+0.0%
2024-09-16	$1.0200	$51.70	1.97%	+4.1%
2024-12-26	$1.0200	$52.60	1.94%	+0.0%
2025-03-25	$1.0200	$56.71	1.80%	+0.0%
2025-06-16	$1.0200	$58.80	1.73%	+0.0%
2025-09-15	$1.0600	$64.89	1.63%	+3.9%

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5âyear rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

Date	Dividend	TTM Yield	5-yr Avg Yield	YoY Change
2015-12-22	$0.5650	3.76%	3.76%	N/A
2016-03-11	$0.5650	3.57%	3.66%	N/A
2016-06-13	$0.5650	3.49%	3.60%	N/A
2016-09-13	$0.6100	3.63%	3.61%	N/A
2016-12-20	$0.6100	3.49%	3.59%	8.3%
2017-03-13	$0.6100	3.17%	3.52%	8.1%
2017-06-13	$0.6100	3.26%	3.48%	8.0%
2017-09-14	$0.6600	4.00%	3.54%	8.0%
2017-12-20	$0.6600	3.50%	3.54%	8.1%
2018-03-14	$0.7000	4.12%	3.60%	9.8%
2018-06-14	$0.7000	4.80%	3.71%	11.5%
2018-09-13	$0.8000	4.65%	3.79%	14.9%
2018-12-24	$0.8000	6.31%	3.98%	18.1%
2019-03-22	$0.8000	5.54%	4.09%	17.9%
2019-06-13	$0.8000	6.25%	4.23%	17.7%
2019-09-13	$0.8400	7.71%	4.45%	13.3%
2019-12-24	$0.8400	6.52%	4.57%	9.3%
2020-03-24	$0.8400	10.25%	4.89%	7.1%
2020-06-12	$0.8400	8.59%	5.08%	5.0%
2020-09-14	$0.8600	7.86%	5.22%	4.3%
2020-12-24	$0.8600	8.15%	5.44%	3.7%
2021-03-24	$0.8600	6.91%	5.61%	3.0%
2021-06-14	$0.8600	7.15%	5.79%	2.4%
2021-09-14	$0.9000	7.19%	5.97%	3.0%
2021-12-22	$0.9000	7.51%	6.17%	3.5%
2022-03-24	$0.9000	6.78%	6.35%	4.1%
2022-06-14	$0.9000	7.78%	6.58%	4.7%
2022-09-14	$0.9400	8.72%	6.81%	4.6%
2022-12-21	$0.9400	8.07%	7.04%	4.6%
2023-03-23	$0.9400	8.56%	7.27%	4.5%
2023-06-14	$0.9400	8.56%	7.45%	4.4%
2023-09-14	$0.9800	8.62%	7.65%	4.4%
2023-12-20	$0.9800	9.53%	7.81%	4.4%
2024-03-22	$0.9800	9.03%	7.99%	4.3%
2024-06-14	$0.9800	8.84%	8.12%	4.3%
2024-09-16	$1.0200	7.66%	8.11%	4.2%
2024-12-26	$1.0200	7.60%	8.17%	4.2%
2025-03-25	$1.0200	7.12%	8.01%	4.1%
2025-06-16	$1.0200	6.94%	7.93%	4.1%
2025-09-15	$1.0600	6.35%	7.85%	4.0%

MO Dividend History

Ex-Date	Payment Date	Amount	TTM Yield	Forward Yield	Price on Ex-Date
09/15/2025	09/15/2025	$1.06	6.35%	6.53%	$64.89
06/16/2025	06/16/2025	$1.02	6.94%	6.94%	$58.80
03/25/2025	03/25/2025	$1.02	7.12%	7.19%	$56.71
12/26/2024	12/26/2024	$1.02	7.60%	7.76%	$52.60
09/16/2024	09/16/2024	$1.02	7.66%	7.89%	$51.70
06/14/2024	06/14/2024	$0.980	8.84%	8.84%	$44.32
03/22/2024	03/22/2024	$0.980	9.03%	9.12%	$42.98
12/20/2023	12/20/2023	$0.980	9.53%	9.73%	$40.30
09/14/2023	09/14/2023	$0.980	8.62%	8.89%	$44.10
06/14/2023	06/14/2023	$0.940	8.56%	8.56%	$43.95
03/23/2023	03/23/2023	$0.940	8.56%	8.65%	$43.46
12/21/2022	12/21/2022	$0.940	8.07%	8.25%	$45.59
09/14/2022	09/14/2022	$0.940	8.72%	9.00%	$41.76
06/14/2022	06/14/2022	$0.900	7.78%	7.78%	$46.29
03/24/2022	03/24/2022	$0.900	6.78%	6.86%	$52.50
12/22/2021	12/22/2021	$0.900	7.51%	7.68%	$46.88
09/14/2021	09/14/2021	$0.900	7.19%	7.44%	$48.37
06/14/2021	06/14/2021	$0.860	7.15%	7.15%	$48.08
03/24/2021	03/24/2021	$0.860	6.91%	6.95%	$49.51
12/24/2020	12/24/2020	$0.860	8.15%	8.25%	$41.72
09/14/2020	09/14/2020	$0.860	7.86%	8.00%	$43.00
06/12/2020	06/12/2020	$0.840	8.59%	8.59%	$39.13
03/24/2020	03/24/2020	$0.840	10.25%	10.38%	$32.38
12/24/2019	12/24/2019	$0.840	6.52%	6.68%	$50.28
09/13/2019	09/13/2019	$0.840	7.71%	8.00%	$42.01
06/13/2019	06/13/2019	$0.800	6.25%	6.25%	$51.21
03/22/2019	03/22/2019	$0.800	5.54%	5.72%	$55.92
12/24/2018	12/24/2018	$0.800	6.31%	6.73%	$47.56
09/13/2018	09/13/2018	$0.800	4.65%	5.21%	$61.46
06/14/2018	06/14/2018	$0.700	4.80%	4.94%	$56.70
03/14/2018	03/14/2018	$0.700	4.12%	4.39%	$63.82
12/20/2017	12/20/2017	$0.660	3.50%	3.64%	$72.60
09/14/2017	09/14/2017	$0.660	4.00%	4.24%	$62.28
06/13/2017	06/13/2017	$0.610	3.26%	3.26%	$74.95
03/13/2017	03/13/2017	$0.610	3.17%	3.23%	$75.65
12/20/2016	12/20/2016	$0.610	3.49%	3.62%	$67.34
09/13/2016	09/13/2016	$0.610	3.63%	3.84%	$63.55
06/13/2016	06/13/2016	$0.565	3.49%	3.49%	$64.84
03/11/2016	03/11/2016	$0.565	3.57%	3.64%	$62.01
12/22/2015	12/22/2015	$0.565	3.76%	3.91%	$57.77
09/11/2015	09/11/2015	$0.565	4.04%	4.30%	$52.59
06/11/2015	06/11/2015	$0.520	4.30%	4.30%	$48.33
03/12/2015	03/12/2015	$0.520	3.92%	4.00%	$52.01
12/22/2014	12/22/2014	$0.520	3.98%	4.14%	$50.20
09/11/2014	09/11/2014	$0.520	4.54%	4.82%	$43.19
06/12/2014	06/12/2014	$0.480	4.65%	4.65%	$41.28
03/12/2014	03/12/2014	$0.480	5.20%	5.31%	$36.14
12/23/2013	12/23/2013	$0.480	4.82%	5.03%	$38.14
09/12/2013	09/12/2013	$0.480	5.21%	5.56%	$34.54
06/12/2013	06/12/2013	$0.440	4.94%	4.94%	$35.60
03/13/2013	03/13/2013	$0.440	5.10%	5.19%	$33.93
12/21/2012	12/21/2012	$0.440	5.34%	5.53%	$31.85
09/12/2012	09/12/2012	$0.440	5.02%	5.29%	$33.30
06/13/2012	06/13/2012	$0.410	4.93%	4.93%	$33.27
03/13/2012	03/13/2012	$0.410	5.35%	5.45%	$30.10
12/22/2011	12/22/2011	$0.410	5.30%	5.50%	$29.82
09/13/2011	09/13/2011	$0.410	5.92%	6.26%	$26.18
06/13/2011	06/13/2011	$0.380	5.64%	5.64%	$26.93
03/11/2011	03/11/2011	$0.380	5.95%	6.07%	$25.05
12/23/2010	12/23/2010	$0.380	5.88%	6.12%	$24.85
09/13/2010	09/13/2010	$0.380	6.05%	6.48%	$23.47
06/11/2010	06/11/2010	$0.350	6.87%	6.97%	$20.08
03/11/2010	03/11/2010	$0.350	6.63%	6.87%	$20.37
12/28/2009	12/28/2009	$0.340	6.61%	6.81%	$19.98
09/11/2009	09/11/2009	$0.340	7.17%	7.50%	$18.14
06/11/2009	06/11/2009	$0.320	7.60%	7.60%	$16.85
03/12/2009	03/12/2009	$0.320	7.67%	7.85%	$16.30
12/22/2008	12/22/2008	$0.320	352.95%	8.69%	$14.73
09/11/2008	09/11/2008	$0.320	250.69%	6.12%	$20.91
06/11/2008	06/11/2008	$0.290	255.07%	5.60%	$20.72
03/31/2008	03/31/2008	$51.06	240.14%	920.00%	$22.20
03/17/2008	03/17/2008	$0.750	4.20%	4.29%	$69.97
12/21/2007	12/21/2007	$0.750	31.12%	3.87%	$77.43
09/12/2007	09/12/2007	$0.750	35.87%	4.44%	$67.50
06/13/2007	06/13/2007	$0.690	34.61%	3.93%	$70.26
04/02/2007	04/02/2007	$21.91	35.90%	128.46%	$68.22
03/13/2007	03/13/2007	$0.860	4.02%	4.09%	$84.04
12/22/2006	12/22/2006	$0.860	3.92%	4.06%	$84.78
09/13/2006	09/13/2006	$0.860	3.94%	4.16%	$82.74
06/13/2006	06/13/2006	$0.800	4.60%	4.60%	$69.56
03/13/2006	03/13/2006	$0.800	4.26%	4.35%	$73.50
12/23/2005	12/23/2005	$0.800	4.02%	4.21%	$76.06
09/13/2005	09/13/2005	$0.800	4.21%	4.51%	$71.02
06/13/2005	06/13/2005	$0.730	4.27%	4.27%	$68.32
03/11/2005	03/11/2005	$0.730	4.41%	4.48%	$65.14
12/22/2004	12/22/2004	$0.730	4.62%	4.79%	$60.99
09/13/2004	09/13/2004	$0.730	5.67%	5.98%	$48.84
06/14/2004	06/14/2004	$0.680	5.71%	5.71%	$47.62
03/11/2004	03/11/2004	$0.680	4.76%	4.83%	$56.32
12/18/2003	12/18/2003	$0.680	4.85%	4.99%	$54.47
09/11/2003	09/11/2003	$0.680	6.34%	6.63%	$41.02
06/11/2003	06/11/2003	$0.640	5.86%	5.86%	$43.68
03/12/2003	03/12/2003	$0.640	7.00%	7.17%	$35.72
12/19/2002	12/19/2002	$0.640	5.99%	6.28%	$40.74
09/12/2002	09/12/2002	$0.640	5.13%	5.51%	$46.42
06/26/2002	06/26/2002	$0.580	5.16%	5.16%	$45.00
03/13/2002	03/13/2002	$0.580	4.34%	4.43%	$52.34
12/20/2001	12/20/2001	$0.580	4.80%	5.01%	$46.27
09/17/2001	09/17/2001	$0.580	4.44%	4.74%	$48.90
06/13/2001	06/13/2001	$0.530	4.43%	4.43%	$47.81
03/13/2001	03/13/2001	$0.530	4.18%	4.28%	$49.50
12/13/2000	12/13/2000	$0.530	4.95%	5.19%	$40.81
09/13/2000	09/13/2000	$0.530	7.00%	7.54%	$28.13
06/16/2000	06/16/2000	$0.480	7.53%	7.53%	$25.50
03/16/2000	03/16/2000	$0.480	9.28%	9.48%	$20.25

Page 1 of 1

Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Date	Payout Ratio	QoQ Change	YoY Change
2021-10-31	236.2%	N/A	N/A
2022-01-31	183.0%	-22.5%	N/A
2022-04-30	148.7%	-18.7%	N/A
2022-07-31	124.0%	-16.6%	N/A
2022-10-31	106.1%	-14.5%	-55.1%
2023-01-31	98.0%	-7.6%	-46.4%
2023-04-30	90.9%	-7.3%	-38.9%
2023-07-31	84.3%	-7.2%	-32.0%
2023-10-31	78.5%	-6.9%	-26.0%
2024-01-31	72.9%	-7.2%	-25.6%
2024-04-30	67.9%	-6.9%	-25.3%
2024-07-31	63.2%	-6.9%	-25.0%
2024-10-31	59.1%	-6.6%	-24.8%
2025-06-30	39.3%	-33.5%	-46.1%

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Date	Dividend/FCF Ratio	QoQ Change	YoY Change
2021-01-31	1,319.8%	N/A	N/A
2021-04-30	1,158.1%	-12.3%	N/A
2021-07-31	1,033.0%	-10.8%	N/A
2021-10-31	938.7%	-9.1%	N/A
2022-01-31	1,394.3%	+48.5%	+5.6%
2022-04-30	1,230.1%	-11.8%	+6.2%
2022-07-31	1,103.1%	-10.3%	+6.8%
2022-10-31	1,001.9%	-9.2%	+6.7%
2023-01-31	1,470.9%	+46.8%	+5.5%
2023-04-30	1,297.1%	-11.8%	+5.4%
2023-07-31	1,162.6%	-10.4%	+5.4%
2023-10-31	1,055.5%	-9.2%	+5.3%
2024-01-31	1,539.2%	+45.8%	+4.6%
2024-04-30	1,356.7%	-11.9%	+4.6%
2024-07-31	1,215.5%	-10.4%	+4.6%
2024-10-31	1,103.0%	-9.3%	+4.5%
2025-10-03	91.7%	-91.7%	-94.0%

Share Price

Historical closing price with range controls. Table view includes quarterâoverâquarter and yearâoverâyear changes for additional context.

MO Price

Date	Share Price	Price Change	QoQ Change	YoY Change
2015-12-22	$57.77	N/A	N/A	N/A
2016-03-11	$62.01	+$4.24	0.0%	N/A
2016-06-13	$64.84	+$2.83	0.0%	N/A
2016-09-13	$63.55	$-1.29	8.0%	N/A
2016-12-20	$67.34	+$3.79	0.0%	8.0%
2017-03-13	$75.65	+$8.31	0.0%	8.0%
2017-06-13	$74.95	$-0.70	0.0%	8.0%
2017-09-14	$62.28	$-12.67	8.2%	8.2%
2017-12-20	$72.60	+$10.32	0.0%	8.2%
2018-03-14	$63.82	$-8.78	6.1%	14.8%
2018-06-14	$56.70	$-7.12	0.0%	14.8%
2018-09-13	$61.46	+$4.76	14.3%	21.2%
2018-12-24	$47.56	$-13.90	0.0%	21.2%
2019-03-22	$55.92	+$8.36	0.0%	14.3%
2019-06-13	$51.21	$-4.71	0.0%	14.3%
2019-09-13	$42.01	$-9.20	5.0%	5.0%
2019-12-24	$50.28	+$8.27	0.0%	5.0%
2020-03-24	$32.38	$-17.90	0.0%	5.0%
2020-06-12	$39.13	+$6.75	0.0%	5.0%
2020-09-14	$43.00	+$3.87	2.4%	2.4%
2020-12-24	$41.72	$-1.28	0.0%	2.4%
2021-03-24	$49.51	+$7.79	0.0%	2.4%
2021-06-14	$48.08	$-1.43	0.0%	2.4%
2021-09-14	$48.37	+$0.29	4.7%	4.7%
2021-12-22	$46.88	$-1.49	0.0%	4.7%
2022-03-24	$52.50	+$5.62	0.0%	4.7%
2022-06-14	$46.29	$-6.21	0.0%	4.7%
2022-09-14	$41.76	$-4.53	4.4%	4.4%
2022-12-21	$45.59	+$3.83	0.0%	4.4%
2023-03-23	$43.46	$-2.13	0.0%	4.4%
2023-06-14	$43.95	+$0.49	0.0%	4.4%
2023-09-14	$44.10	+$0.15	4.3%	4.3%
2023-12-20	$40.30	$-3.80	0.0%	4.3%
2024-03-22	$42.98	+$2.68	0.0%	4.3%
2024-06-14	$44.32	+$1.34	0.0%	4.3%
2024-09-16	$51.70	+$7.38	4.1%	4.1%
2024-12-26	$52.60	+$0.90	0.0%	4.1%
2025-03-25	$56.71	+$4.11	0.0%	4.1%
2025-06-16	$58.80	+$2.09	0.0%	4.1%
2025-09-15	$64.89	+$6.09	3.9%	3.9%

Price to Earnings

MO trades at a 41.8x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

2021-01-31	111.3x	N/A	Q-Est
2021-04-30	118.4x	+6.3%	Q-Est
2021-07-31	129.5x	+9.4%	Q-Est
2021-10-31	123.6x	-4.5%	Q-Est
2022-01-31	55.2x	-55.3%	Q-Est
2022-04-30	59.8x	+8.2%	Q-Est
2022-07-31	48.7x	-18.6%	Q-Est
2022-10-31	47.1x	-3.3%	Q-Est
2023-01-31	37.8x	-19.7%	Q-Est
2023-04-30	38.4x	+1.6%	Q-Est
2023-07-31	37.4x	-2.4%	Q-Est
2023-10-31	34.8x	-7.2%	Q-Est
2024-01-31	24.1x	-30.8%	Q-Est
2024-04-30	24.4x	+1.4%	Q-Est
2024-07-31	27.2x	+11.3%	Q-Est
2024-09-30	39.4x	+45.0%	Q
2024-10-31	30.4x	-22.7%	Q-Est
2024-12-31	31.9x	+4.8%	Q
2025-03-31	81.5x	+155.2%	Q
2025-06-30	41.8x	-48.7%	Q

Price to Sales

MO trades at a 18.8x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

2021-01-31	13.1x	N/A	Q-Est
2021-04-30	13.9x	+6.3%	Q-Est
2021-07-31	15.2x	+9.4%	Q-Est
2021-10-31	14.5x	-4.5%	Q-Est
2022-01-31	15.4x	+6.2%	Q-Est
2022-04-30	16.7x	+8.2%	Q-Est
2022-07-31	13.6x	-18.6%	Q-Est
2022-10-31	13.1x	-3.3%	Q-Est
2023-01-31	15.0x	+14.2%	Q-Est
2023-04-30	15.2x	+1.6%	Q-Est
2023-07-31	14.8x	-2.4%	Q-Est
2023-10-31	13.8x	-7.2%	Q-Est
2024-01-31	13.3x	-3.8%	Q-Est
2024-04-30	13.4x	+1.4%	Q-Est
2024-07-31	15.0x	+11.3%	Q-Est
2024-09-30	16.9x	+12.9%	Q
2024-10-31	16.8x	-0.7%	Q-Est
2024-12-31	19.0x	+13.2%	Q
2025-03-31	19.4x	+2.2%	Q
2025-06-30	18.8x	-3.3%	Q

Revenue

MO generated $5.3B in revenue.

2021-01-31	$5.28B	N/A	Q-Est
2021-04-30	$5.28B	+0.0%	Q-Est
2021-07-31	$5.28B	+0.0%	Q-Est
2021-10-31	$5.28B	+0.0%	Q-Est
2022-01-31	$5.17B	-2.0%	Q-Est
2022-04-30	$5.17B	+0.0%	Q-Est
2022-07-31	$5.17B	+0.0%	Q-Est
2022-10-31	$5.17B	+0.0%	Q-Est
2023-01-31	$5.13B	-0.9%	Q-Est
2023-04-30	$5.13B	+0.0%	Q-Est
2023-07-31	$5.13B	+0.0%	Q-Est
2023-10-31	$5.13B	+0.0%	Q-Est
2024-01-31	$5.11B	-0.3%	Q-Est
2024-04-30	$5.11B	+0.0%	Q-Est
2024-07-31	$5.11B	+0.0%	Q-Est
2024-09-30	$5.34B	+4.6%	Q
2024-10-31	$5.11B	-4.4%	Q-Est
2024-12-31	$5.11B	-0.1%	Q
2025-03-31	$4.52B	-11.5%	Q
2025-06-30	$5.29B	+17.1%	Q

Net Income

MO reported $2.4B in net income. Net income has grown by 284% over the period.

2021-01-31	$0.62B	N/A	Q-Est
2021-04-30	$0.62B	+0.0%	Q-Est
2021-07-31	$0.62B	+0.0%	Q-Est
2021-10-31	$0.62B	+0.0%	Q-Est
2022-01-31	$1.44B	+132.9%	Q-Est
2022-04-30	$1.44B	+0.0%	Q-Est
2022-07-31	$1.44B	+0.0%	Q-Est
2022-10-31	$1.44B	+0.0%	Q-Est
2023-01-31	$2.03B	+41.0%	Q-Est
2023-04-30	$2.03B	+0.0%	Q-Est
2023-07-31	$2.03B	+0.0%	Q-Est
2023-10-31	$2.03B	+0.0%	Q-Est
2024-01-31	$2.82B	+38.5%	Q-Est
2024-04-30	$2.82B	+0.0%	Q-Est
2024-07-31	$2.82B	+0.0%	Q-Est
2024-09-30	$2.29B	-18.6%	Q
2024-10-31	$2.82B	+22.8%	Q-Est
2024-12-31	$3.04B	+7.9%	Q
2025-03-31	$1.08B	-64.6%	Q
2025-06-30	$2.38B	+120.8%	Q

Revenue vs Net Income

MO generated $5.3B in revenue with net income of $2.4B, representing a 45.0% net profit margin.

2021-01-31	$5.28B	$0.62B	Q-Est
2021-04-30	$5.28B	$0.62B	Q-Est
2021-07-31	$5.28B	$0.62B	Q-Est
2021-10-31	$5.28B	$0.62B	Q-Est
2022-01-31	$5.17B	$1.44B	Q-Est
2022-04-30	$5.17B	$1.44B	Q-Est
2022-07-31	$5.17B	$1.44B	Q-Est
2022-10-31	$5.17B	$1.44B	Q-Est
2023-01-31	$5.13B	$2.03B	Q-Est
2023-04-30	$5.13B	$2.03B	Q-Est
2023-07-31	$5.13B	$2.03B	Q-Est
2023-10-31	$5.13B	$2.03B	Q-Est
2024-01-31	$5.11B	$2.82B	Q-Est
2024-04-30	$5.11B	$2.82B	Q-Est
2024-07-31	$5.11B	$2.82B	Q-Est
2024-09-30	$5.34B	$2.29B	Q
2024-10-31	$5.11B	$2.82B	Q-Est
2024-12-31	$5.11B	$3.04B	Q
2025-03-31	$4.52B	$1.08B	Q
2025-06-30	$5.29B	$2.38B	Q

Gross Profit

MO achieved $4.0B in gross profit, showing revenue after direct production costs.

2021-01-31	$3.60B	N/A	Q-Est
2021-04-30	$3.50B	-2.9%	Q-Est
2021-07-31	$3.59B	+2.6%	Q-Est
2021-10-31	$3.84B	+7.1%	Q-Est
2022-01-31	$3.48B	-9.5%	Q-Est
2022-04-30	$3.54B	+1.7%	Q-Est
2022-07-31	$3.43B	-3.0%	Q-Est
2022-10-31	$3.51B	+2.3%	Q-Est
2023-01-31	$4.04B	+15.0%	Q-Est
2023-04-30	$3.86B	-4.2%	Q-Est
2023-07-31	$4.05B	+4.7%	Q-Est
2023-10-31	$4.11B	+1.5%	Q-Est
2024-01-31	$4.01B	-2.4%	Q-Est
2024-04-30	$4.20B	+4.8%	Q-Est
2024-07-31	$4.12B	-2.1%	Q-Est
2024-09-30	$4.42B	+7.4%	Q-Est
2024-10-31	$4.02B	-9.1%	Q-Est
2024-12-31	$3.96B	-1.5%	Q-Est
2025-03-31	$3.41B	-13.8%	Q-Est
2025-06-30	$4.38B	+28.4%	Q-Est

Operating Income

MO generated $1.9B in operating income, representing profit from core business operations.

2021-01-31	$1.85B	N/A	Q-Est
2021-04-30	$1.85B	+0.0%	Q-Est
2021-07-31	$1.85B	+0.0%	Q-Est
2021-10-31	$1.85B	+0.0%	Q-Est
2022-01-31	$1.81B	-2.0%	Q-Est
2022-04-30	$1.81B	+0.0%	Q-Est
2022-07-31	$1.81B	+0.0%	Q-Est
2022-10-31	$1.81B	+0.0%	Q-Est
2023-01-31	$1.79B	-0.9%	Q-Est
2023-04-30	$1.79B	+0.0%	Q-Est
2023-07-31	$1.79B	+0.0%	Q-Est
2023-10-31	$1.79B	+0.0%	Q-Est
2024-01-31	$1.79B	-0.3%	Q-Est
2024-04-30	$1.79B	+0.0%	Q-Est
2024-07-31	$1.79B	+0.0%	Q-Est
2024-09-30	$1.87B	+4.6%	Q-Est
2024-10-31	$1.79B	-4.4%	Q-Est
2024-12-31	$1.79B	-0.1%	Q-Est
2025-03-31	$1.58B	-11.5%	Q-Est
2025-06-30	$1.85B	+17.1%	Q-Est

EBITDA

MO generated $2.1B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

2021-01-31	$2.12B	N/A	Q-Est
2021-04-30	$2.12B	+0.0%	Q-Est
2021-07-31	$2.12B	+0.0%	Q-Est
2021-10-31	$2.12B	+0.0%	Q-Est
2022-01-31	$2.08B	-2.0%	Q-Est
2022-04-30	$2.08B	+0.0%	Q-Est
2022-07-31	$2.08B	+0.0%	Q-Est
2022-10-31	$2.08B	+0.0%	Q-Est
2023-01-31	$2.06B	-0.9%	Q-Est
2023-04-30	$2.06B	+0.0%	Q-Est
2023-07-31	$2.06B	+0.0%	Q-Est
2023-10-31	$2.06B	+0.0%	Q-Est
2024-01-31	$2.06B	-0.3%	Q-Est
2024-04-30	$2.06B	+0.0%	Q-Est
2024-07-31	$2.06B	+0.0%	Q-Est
2024-09-30	$2.15B	+4.6%	Q-Est
2024-10-31	$2.06B	-4.4%	Q-Est
2024-12-31	$2.06B	-0.1%	Q-Est
2025-03-31	$1.82B	-11.5%	Q-Est
2025-06-30	$2.13B	+17.1%	Q-Est

Operating Cash Flow

MO generated $2.7B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

2021-01-31	$0.71B	N/A	Q-Est
2021-04-30	$0.71B	+0.0%	Q-Est
2021-07-31	$0.71B	+0.0%	Q-Est
2021-10-31	$0.71B	+0.0%	Q-Est
2022-01-31	$1.66B	+132.9%	Q-Est
2022-04-30	$1.66B	+0.0%	Q-Est
2022-07-31	$1.66B	+0.0%	Q-Est
2022-10-31	$1.66B	+0.0%	Q-Est
2023-01-31	$2.34B	+41.0%	Q-Est
2023-04-30	$2.34B	+0.0%	Q-Est
2023-07-31	$2.34B	+0.0%	Q-Est
2023-10-31	$2.34B	+0.0%	Q-Est
2024-01-31	$3.24B	+38.5%	Q-Est
2024-04-30	$3.24B	+0.0%	Q-Est
2024-07-31	$3.24B	+0.0%	Q-Est
2024-09-30	$2.64B	-18.6%	Q-Est
2024-10-31	$3.24B	+22.8%	Q-Est
2024-12-31	$3.49B	+7.9%	Q-Est
2025-03-31	$1.24B	-64.6%	Q-Est
2025-06-30	$2.73B	+120.8%	Q-Est

Free Cash Flow

MO generated $2.5B in free cash flow. Free cash flow has increased by 384% over the period.

2021-01-31	$0.53B	N/A	Q-Est
2021-04-30	$0.53B	+0.0%	Q-Est
2021-07-31	$0.53B	+0.0%	Q-Est
2021-10-31	$0.53B	+0.0%	Q-Est
2022-01-31	$1.48B	+180.2%	Q-Est
2022-04-30	$1.48B	+0.0%	Q-Est
2022-07-31	$1.48B	+0.0%	Q-Est
2022-10-31	$1.48B	+0.0%	Q-Est
2023-01-31	$2.16B	+46.2%	Q-Est
2023-04-30	$2.16B	+0.0%	Q-Est
2023-07-31	$2.16B	+0.0%	Q-Est
2023-10-31	$2.16B	+0.0%	Q-Est
2024-01-31	$3.06B	+41.8%	Q-Est
2024-04-30	$3.06B	+0.0%	Q-Est
2024-07-31	$3.06B	+0.0%	Q-Est
2024-09-30	$2.45B	-19.9%	Q-Est
2024-10-31	$3.06B	+24.9%	Q-Est
2024-12-31	$3.32B	+8.4%	Q-Est
2025-03-31	$1.08B	-67.4%	Q-Est
2025-06-30	$2.55B	+136.0%	Q-Est

Free Cash Flow / Share

MO generates $1.52 in free cash flow per share. FCF per share has grown by 384% over the period.

2021-01-31	$0.31	N/A	Q-Est
2021-04-30	$0.31	+0.0%	Q-Est
2021-07-31	$0.31	+0.0%	Q-Est
2021-10-31	$0.31	+0.0%	Q-Est
2022-01-31	$0.88	+180.2%	Q-Est
2022-04-30	$0.88	+0.0%	Q-Est
2022-07-31	$0.88	+0.0%	Q-Est
2022-10-31	$0.88	+0.0%	Q-Est
2023-01-31	$1.28	+46.2%	Q-Est
2023-04-30	$1.28	+0.0%	Q-Est
2023-07-31	$1.28	+0.0%	Q-Est
2023-10-31	$1.28	+0.0%	Q-Est
2024-01-31	$1.82	+41.8%	Q-Est
2024-04-30	$1.82	+0.0%	Q-Est
2024-07-31	$1.82	+0.0%	Q-Est
2024-09-30	$1.46	-19.9%	Q-Est
2024-10-31	$1.82	+24.9%	Q-Est
2024-12-31	$1.97	+8.4%	Q-Est
2025-03-31	$0.64	-67.4%	Q-Est
2025-06-30	$1.52	+136.0%	Q-Est

Earnings Per Share (EPS)

MO reported $1.42 in earnings per share. EPS has grown by 284% over the period.

2021-01-31	$0.37	N/A	Q-Est
2021-04-30	$0.37	+0.0%	Q-Est
2021-07-31	$0.37	+0.0%	Q-Est
2021-10-31	$0.37	+0.0%	Q-Est
2022-01-31	$0.86	+132.9%	Q-Est
2022-04-30	$0.86	+0.0%	Q-Est
2022-07-31	$0.86	+0.0%	Q-Est
2022-10-31	$0.86	+0.0%	Q-Est
2023-01-31	$1.21	+41.0%	Q-Est
2023-04-30	$1.21	+0.0%	Q-Est
2023-07-31	$1.21	+0.0%	Q-Est
2023-10-31	$1.21	+0.0%	Q-Est
2024-01-31	$1.68	+38.5%	Q-Est
2024-04-30	$1.68	+0.0%	Q-Est
2024-07-31	$1.68	+0.0%	Q-Est
2024-09-30	$1.36	-18.6%	Q
2024-10-31	$1.68	+22.8%	Q-Est
2024-12-31	$1.81	+7.9%	Q
2025-03-31	$0.64	-64.6%	Q
2025-06-30	$1.42	+120.8%	Q

Return on Equity (ROE)

MO delivered a 37.5% return on equity, indicating how effectively the company generates returns for shareholders.

2021-01-31	9.8%	N/A	Q-Est
2021-04-30	9.8%	+0.0%	Q-Est
2021-07-31	9.8%	+0.0%	Q-Est
2021-10-31	9.8%	+0.0%	Q-Est
2022-01-31	23.2%	+137.7%	Q-Est
2022-04-30	23.2%	+0.0%	Q-Est
2022-07-31	23.2%	+0.0%	Q-Est
2022-10-31	23.2%	+0.0%	Q-Est
2023-01-31	33.1%	+42.3%	Q-Est
2023-04-30	33.1%	+0.0%	Q-Est
2023-07-31	33.1%	+0.0%	Q-Est
2023-10-31	33.1%	+0.0%	Q-Est
2024-01-31	45.9%	+38.9%	Q-Est
2024-04-30	45.9%	+0.0%	Q-Est
2024-07-31	45.9%	+0.0%	Q-Est
2024-09-30	35.8%	-22.1%	Q-Est
2024-10-31	45.9%	+28.4%	Q-Est
2024-12-31	49.6%	+8.0%	Q-Est
2025-03-31	19.9%	-60.0%	Q-Est
2025-06-30	37.5%	+88.6%	Q-Est

Return on Assets (ROA)

MO achieved a 22.5% return on assets, measuring how efficiently the company uses its assets to generate profit.

2021-01-31	5.9%	N/A	Q-Est
2021-04-30	5.9%	+0.0%	Q-Est
2021-07-31	5.9%	+0.0%	Q-Est
2021-10-31	5.9%	+0.0%	Q-Est
2022-01-31	13.9%	+137.7%	Q-Est
2022-04-30	13.9%	+0.0%	Q-Est
2022-07-31	13.9%	+0.0%	Q-Est
2022-10-31	13.9%	+0.0%	Q-Est
2023-01-31	19.8%	+42.4%	Q-Est
2023-04-30	19.8%	+0.0%	Q-Est
2023-07-31	19.8%	+0.0%	Q-Est
2023-10-31	19.8%	+0.0%	Q-Est
2024-01-31	27.6%	+38.9%	Q-Est
2024-04-30	27.6%	+0.0%	Q-Est
2024-07-31	27.6%	+0.0%	Q-Est
2024-09-30	21.5%	-22.1%	Q-Est
2024-10-31	27.6%	+28.4%	Q-Est
2024-12-31	29.8%	+8.0%	Q-Est
2025-03-31	11.9%	-59.9%	Q-Est
2025-06-30	22.5%	+88.6%	Q-Est

Net Profit Margin

MO maintains a 45.0% net profit margin, showing the percentage of revenue retained as profit after all expenses.

2021-01-31	11.7%	N/A	Q-Est
2021-04-30	11.7%	+0.0%	Q-Est
2021-07-31	11.7%	+0.0%	Q-Est
2021-10-31	11.7%	+0.0%	Q-Est
2022-01-31	27.9%	+137.7%	Q-Est
2022-04-30	27.9%	+0.0%	Q-Est
2022-07-31	27.9%	+0.0%	Q-Est
2022-10-31	27.9%	+0.0%	Q-Est
2023-01-31	39.7%	+42.3%	Q-Est
2023-04-30	39.7%	+0.0%	Q-Est
2023-07-31	39.7%	+0.0%	Q-Est
2023-10-31	39.7%	+0.0%	Q-Est
2024-01-31	55.1%	+38.9%	Q-Est
2024-04-30	55.1%	+0.0%	Q-Est
2024-07-31	55.1%	+0.0%	Q-Est
2024-09-30	42.9%	-22.1%	Q
2024-10-31	55.1%	+28.4%	Q-Est
2024-12-31	59.5%	+8.0%	Q
2025-03-31	23.8%	-60.0%	Q
2025-06-30	45.0%	+88.6%	Q

Gross Profit Margin

MO operates with a 82.8% gross profit margin, reflecting pricing power and cost efficiency in core operations.

2021-01-31	68.2%	N/A	Q-Est
2021-04-30	66.3%	-2.9%	Q-Est
2021-07-31	68.0%	+2.6%	Q-Est
2021-10-31	72.9%	+7.1%	Q-Est
2022-01-31	67.3%	-7.7%	Q-Est
2022-04-30	68.4%	+1.7%	Q-Est
2022-07-31	66.4%	-3.0%	Q-Est
2022-10-31	67.9%	+2.3%	Q-Est
2023-01-31	78.7%	+16.0%	Q-Est
2023-04-30	75.4%	-4.2%	Q-Est
2023-07-31	79.0%	+4.7%	Q-Est
2023-10-31	80.2%	+1.5%	Q-Est
2024-01-31	78.5%	-2.1%	Q-Est
2024-04-30	82.2%	+4.8%	Q-Est
2024-07-31	80.6%	-2.1%	Q-Est
2024-09-30	82.7%	+2.7%	Q
2024-10-31	78.6%	-5.0%	Q-Est
2024-12-31	77.5%	-1.4%	Q
2025-03-31	75.5%	-2.6%	Q
2025-06-30	82.8%	+9.7%	Q

Cash & Debt

MO holds $0.8B in cash against $0.3B in debt, resulting in a net cash position of $0.5B.

2021-01-31	$0.79B	$0.26B	$0.53B	Q-Est
2021-04-30	$0.79B	$0.26B	$0.53B	Q-Est
2021-07-31	$0.79B	$0.26B	$0.53B	Q-Est
2021-10-31	$0.79B	$0.26B	$0.53B	Q-Est
2022-01-31	$0.78B	$0.26B	$0.52B	Q-Est
2022-04-30	$0.78B	$0.26B	$0.52B	Q-Est
2022-07-31	$0.78B	$0.26B	$0.52B	Q-Est
2022-10-31	$0.78B	$0.26B	$0.52B	Q-Est
2023-01-31	$0.77B	$0.26B	$0.51B	Q-Est
2023-04-30	$0.77B	$0.26B	$0.51B	Q-Est
2023-07-31	$0.77B	$0.26B	$0.51B	Q-Est
2023-10-31	$0.77B	$0.26B	$0.51B	Q-Est
2024-01-31	$0.77B	$0.26B	$0.51B	Q-Est
2024-04-30	$0.77B	$0.26B	$0.51B	Q-Est
2024-07-31	$0.77B	$0.26B	$0.51B	Q-Est
2024-09-30	$0.80B	$0.27B	$0.53B	Q-Est
2024-10-31	$0.77B	$0.26B	$0.51B	Q-Est
2024-12-31	$0.77B	$0.26B	$0.51B	Q-Est
2025-03-31	$0.68B	$0.23B	$0.45B	Q-Est
2025-06-30	$0.79B	$0.26B	$0.53B	Q-Est

Shares Outstanding

MO has 1.7B shares outstanding.

2021-01-31	1.68B	N/A	Q-Est
2021-04-30	1.68B	+0.0%	Q-Est
2021-07-31	1.68B	+0.0%	Q-Est
2021-10-31	1.68B	+0.0%	Q-Est
2022-01-31	1.68B	+0.0%	Q-Est
2022-04-30	1.68B	+0.0%	Q-Est
2022-07-31	1.68B	+0.0%	Q-Est
2022-10-31	1.68B	+0.0%	Q-Est
2023-01-31	1.68B	+0.0%	Q-Est
2023-04-30	1.68B	+0.0%	Q-Est
2023-07-31	1.68B	+0.0%	Q-Est
2023-10-31	1.68B	+0.0%	Q-Est
2024-01-31	1.68B	+0.0%	Q-Est
2024-04-30	1.68B	+0.0%	Q-Est
2024-07-31	1.68B	+0.0%	Q-Est
2024-09-30	1.68B	+0.0%	Q-Est
2024-10-31	1.68B	+0.0%	Q-Est
2024-12-31	1.68B	+0.0%	Q-Est
2025-03-31	1.68B	+0.0%	Q-Est
2025-06-30	1.68B	+0.0%	Q-Est

Stock-Based Comp

MO reported $0.1B in stock-based compensation.

2021-01-31	$0.13B	N/A	Q-Est
2021-04-30	$0.13B	+0.0%	Q-Est
2021-07-31	$0.13B	+0.0%	Q-Est
2021-10-31	$0.13B	+0.0%	Q-Est
2022-01-31	$0.13B	-2.0%	Q-Est
2022-04-30	$0.13B	+0.0%	Q-Est
2022-07-31	$0.13B	+0.0%	Q-Est
2022-10-31	$0.13B	+0.0%	Q-Est
2023-01-31	$0.13B	-0.9%	Q-Est
2023-04-30	$0.13B	+0.0%	Q-Est
2023-07-31	$0.13B	+0.0%	Q-Est
2023-10-31	$0.13B	+0.0%	Q-Est
2024-01-31	$0.13B	-0.3%	Q-Est
2024-04-30	$0.13B	+0.0%	Q-Est
2024-07-31	$0.13B	+0.0%	Q-Est
2024-09-30	$0.13B	+4.6%	Q-Est
2024-10-31	$0.13B	-4.4%	Q-Est
2024-12-31	$0.13B	-0.1%	Q-Est
2025-03-31	$0.11B	-11.5%	Q-Est
2025-06-30	$0.13B	+17.1%	Q-Est

FCF vs Stock Based Comp

MO generated $2.5B in free cash flow while spending $0.1B on stock-based compensation, representing 5% of FCF.

2021-01-31	$0.53B	$0.13B	Q-Est
2021-04-30	$0.53B	$0.13B	Q-Est
2021-07-31	$0.53B	$0.13B	Q-Est
2021-10-31	$0.53B	$0.13B	Q-Est
2022-01-31	$1.48B	$0.13B	Q-Est
2022-04-30	$1.48B	$0.13B	Q-Est
2022-07-31	$1.48B	$0.13B	Q-Est
2022-10-31	$1.48B	$0.13B	Q-Est
2023-01-31	$2.16B	$0.13B	Q-Est
2023-04-30	$2.16B	$0.13B	Q-Est
2023-07-31	$2.16B	$0.13B	Q-Est
2023-10-31	$2.16B	$0.13B	Q-Est
2024-01-31	$3.06B	$0.13B	Q-Est
2024-04-30	$3.06B	$0.13B	Q-Est
2024-07-31	$3.06B	$0.13B	Q-Est
2024-09-30	$2.45B	$0.13B	Q-Est
2024-10-31	$3.06B	$0.13B	Q-Est
2024-12-31	$3.32B	$0.13B	Q-Est
2025-03-31	$1.08B	$0.11B	Q-Est
2025-06-30	$2.55B	$0.13B	Q-Est

FCF vs FCF / Share

MO reported $2.5B in free cash flow, translating to $1.52 per share.

2021-01-31	$0.53B	$0.31	Q-Est
2021-04-30	$0.53B	$0.31	Q-Est
2021-07-31	$0.53B	$0.31	Q-Est
2021-10-31	$0.53B	$0.31	Q-Est
2022-01-31	$1.48B	$0.88	Q-Est
2022-04-30	$1.48B	$0.88	Q-Est
2022-07-31	$1.48B	$0.88	Q-Est
2022-10-31	$1.48B	$0.88	Q-Est
2023-01-31	$2.16B	$1.28	Q-Est
2023-04-30	$2.16B	$1.28	Q-Est
2023-07-31	$2.16B	$1.28	Q-Est
2023-10-31	$2.16B	$1.28	Q-Est
2024-01-31	$3.06B	$1.82	Q-Est
2024-04-30	$3.06B	$1.82	Q-Est
2024-07-31	$3.06B	$1.82	Q-Est
2024-09-30	$2.45B	$1.46	Q-Est
2024-10-31	$3.06B	$1.82	Q-Est
2024-12-31	$3.32B	$1.97	Q-Est
2025-03-31	$1.08B	$0.64	Q-Est
2025-06-30	$2.55B	$1.52	Q-Est

Revenue: Actual + Estimates

This chart tracks MO revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$5.11B	Actual	Q-Est
2024-01-31	$5.01B	Estimate	Q-Est
2024-04-30	$5.11B	Actual	Q-Est
2024-04-30	$5.01B	Estimate	Q-Est
2024-07-31	$5.11B	Actual	Q-Est
2024-07-31	$5.01B	Estimate	Q-Est
2024-09-30	$5.34B	Actual	Q
2024-09-30	$5.24B	Estimate	Q
2024-10-31	$5.11B	Actual	Q-Est
2024-10-31	$5.01B	Estimate	Q-Est
2024-12-31	$5.11B	Actual	Q
2024-12-31	$5.00B	Estimate	Q
2025-03-31	$4.52B	Actual	Q
2025-03-31	$4.43B	Estimate	Q
2025-06-30	$5.29B	Actual	Q
2025-06-30	$5.18B	Estimate	Q
2025-09-30	$5.29B	Projection	F
2025-12-30	$5.29B	Projection	F
2026-03-30	$5.29B	Projection	F
2026-06-30	$5.29B	Projection	F

EPS: Actual + Estimates

This chart tracks MO eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$1.68	Actual	Q-Est
2024-01-31	$1.59	Estimate	Q-Est
2024-04-30	$1.68	Actual	Q-Est
2024-04-30	$1.59	Estimate	Q-Est
2024-07-31	$1.68	Actual	Q-Est
2024-07-31	$1.35	Estimate	Q-Est
2024-09-30	$1.68	Actual	Q-Est
2024-09-30	$1.35	Estimate	Q-Est
2024-10-31	$1.36	Actual	Q
2024-10-31	$1.35	Estimate	Q
2024-12-31	$1.68	Actual	Q-Est
2024-12-31	$1.28	Estimate	Q-Est
2025-03-31	$1.81	Actual	Q
2025-03-31	$1.28	Estimate	Q
2025-06-30	$1.42	Actual	Q
2025-06-30	$1.38	Estimate	Q
2025-09-30	$1.55	Projection	F
2025-12-30	$1.68	Projection	F
2026-03-30	$1.83	Projection	F
2026-06-30	$2.00	Projection	F

Net Income: Actual + Estimates

This chart tracks MO net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$2.82B	Actual	Q-Est
2024-01-31	$2.67B	Estimate	Q-Est
2024-04-30	$2.82B	Actual	Q-Est
2024-04-30	$2.67B	Estimate	Q-Est
2024-07-31	$2.82B	Actual	Q-Est
2024-07-31	$2.27B	Estimate	Q-Est
2024-09-30	$2.82B	Actual	Q-Est
2024-09-30	$2.27B	Estimate	Q-Est
2024-10-31	$2.29B	Actual	Q
2024-10-31	$2.27B	Estimate	Q
2024-12-31	$2.82B	Actual	Q-Est
2024-12-31	$2.15B	Estimate	Q-Est
2025-03-31	$3.04B	Actual	Q
2025-03-31	$2.15B	Estimate	Q
2025-06-30	$2.38B	Actual	Q
2025-06-30	$2.32B	Estimate	Q
2025-09-30	$2.60B	Projection	F
2025-12-30	$2.82B	Projection	F
2026-03-30	$3.07B	Projection	F
2026-06-30	$3.36B	Projection	F

EBITDA: Actual + Estimates

This chart tracks MO ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$2.06B	Actual	Q-Est
2024-01-31	$2.02B	Estimate	Q-Est
2024-04-30	$2.06B	Actual	Q-Est
2024-04-30	$2.02B	Estimate	Q-Est
2024-07-31	$2.06B	Actual	Q-Est
2024-07-31	$2.02B	Estimate	Q-Est
2024-09-30	$2.06B	Actual	Q
2024-09-30	$2.11B	Estimate	Q
2024-10-31	$2.15B	Actual	Q-Est
2024-10-31	$2.02B	Estimate	Q-Est
2024-12-31	$2.06B	Actual	Q
2024-12-31	$2.01B	Estimate	Q
2025-03-31	$2.06B	Actual	Q
2025-03-31	$1.78B	Estimate	Q
2025-06-30	$2.13B	Actual	Q
2025-06-30	$2.09B	Estimate	Q
2025-09-30	$2.13B	Projection	F
2025-12-30	$2.13B	Projection	F
2026-03-30	$2.13B	Projection	F
2026-06-30	$2.13B	Projection	F

Initial Investment: The lump sum youâre investing on day 1. Share Price: The current market price of one share. Dividend Amount (per payout): Enter the dividend paid per share each payout (e.g., quarterly for many ETFs). Annual yield is computed from this and the selected frequency. Dividend Frequency: How often you receive dividends (e.g. quarterly). Dividend Growth Rate: The yearly increase in dividend payouts (as a percentage). Share Price Growth: Expected annual increase in share price over time. Extra Investment: The amount you invest regularly (e.g. each month). Extra Invest Frequency: How often your extra investment is made (e.g. monthly). Length of Investment: How long you plan to keep investing and compounding.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly â this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: October 3, 2025 6:20 am

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

Year	Start Balance	Start Shares	Share Price	Dividend / Share	Dividend Yield	Yield on Cost	Annual Dividend	Total Dividends	End Shares	End Balance
1	$10,000	152	$65.75	$1.06	6.45%	6.45%	$710	$710	181	$11,910
2	$12,131	181	$66.97	$1.13	6.74%	6.87%	$890	$1,600	212	$14,221
3	$14,486	212	$68.22	$1.20	7.05%	7.31%	$1,102	$2,702	246	$16,788
4	$17,100	246	$69.49	$1.28	7.37%	7.79%	$1,352	$4,054	283	$19,652
5	$20,017	283	$70.78	$1.36	7.70%	8.29%	$1,646	$5,700	323	$22,864
6	$23,289	323	$72.09	$1.45	8.06%	8.83%	$1,995	$7,696	367	$26,484
7	$26,976	367	$73.43	$1.55	8.42%	9.41%	$2,409	$10,105	417	$30,586
8	$31,154	417	$74.80	$1.65	8.81%	10.02%	$2,903	$13,007	471	$35,257
9	$35,912	471	$76.19	$1.75	9.21%	10.67%	$3,493	$16,500	533	$40,605
10	$41,360	533	$77.61	$1.87	9.62%	11.36%	$4,201	$20,701	603	$46,761

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.