{ "ok": true, "cik": "764180", "ticker": "MO", "name": "Altria Group, Inc.", "filings": [ { "form": "8-K", "filed": "2026-08-28", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/764180/000076418026000098/0000764180-26-000098-index.htm" }, { "form": "10-Q", "filed": "2026-07-30", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/764180/000076418026000094/0000764180-26-000094-index.htm" }, { "form": "8-K", "filed": "2026-07-30", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/764180/000076418026000093/0000764180-26-000093-index.htm" }, { "form": "8-K", "filed": "2026-05-18", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "5.07 Submission of Matters to a Vote of Security Holders", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/764180/000076418026000073/0000764180-26-000073-index.htm" }, { "form": "10-Q", "filed": "2026-04-30", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/764180/000076418026000058/0000764180-26-000058-index.htm" }, { "form": "8-K", "filed": "2026-04-30", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/764180/000076418026000056/0000764180-26-000056-index.htm" } ], "events12m": 9, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000764180.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=764180" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up Altria Group, Inc. ($MO). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-08-28. 9 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 23279000000, "revenueGrowth1y": -0.030768590223998693, "revenueGrowthPerYear": -0.027379386107906134, "yearsOfData": 5, "operatingMargin": 0.4252330426564715, "operatingMarginPrior": 0.4680239820134899, "netMargin": 0.2984234717986168, "operatingCashFlow": 9290000000, "capitalSpending": 216000000, "freeCashFlow": 9074000000, "researchAndDevelopment": 195000000, "researchShareOfRevenue": 0.00837664848146398, "cash": 4474000000, "longTermDebt": 25709000000, "longTermDebtChange": 0.031412982427986735, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 26013000000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 25096000000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 24483000000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 24018000000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 23279000000 } ], "totalEquity": -3502000000, "totalAssets": 35017000000, "equityRatio": -0.10000856726732729, "returnOnEquity": null, "dividendsPaid": 6960000000, "payoutRatio": 1.0018713113574205, "dividendPerShare": 4.16, "dividendYearsRising": 9, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 17889040505.99409, "high": 25670229936.612473, "baseline": 22632895377.016815, "n": 1471, "band": "b10" }, "ifPaceHeld": { "low": 17889040505.99409, "high": 25670229936.612473 } }, "edgarette": "🔖 Exposure: revenue $23.3B (FY2025), total debt $25.7B. Experience: revenue down 3.1% on the year, down 2.7% a year over 4 years; operating margin 42.5%, down from 46.8%. Soundness: equity -10.0% of assets (liabilities exceed assets), payout 100.2% of profit, dividend per share up 9 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $17.9B and $25.7B next year (method v3, set from 1,471 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast.", "summary": "Altria Group (MO) saw revenue fall 3.1% in FY2025 to $23.3 billion, operating margin 42.5%, equity -10.0% of assets, and dividend per share up 9 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Altria Group, Inc. against its own record and its peers
Operating margin42.5%Revenue, on the year-3.1%Equity of assets-10.0%Payout of profit100.2%No peer group large enough for a median
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit100.2% paid outMore was paid out than was earned in the year.Handed back per share$4.16up 9 years runningRevenue growth it managed-3.1%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 15, "hits": 15, "rate": 1, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:20:31.327Z", "hash": "c475cc7b3382bba3", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Altria Group (MO) saw revenue fall 3.1% in FY2025 to $23.3 billion, operating margin 42.5%, equity -10.0% of assets, and dividend per share up 9 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 23279000000, "totalDebt": 25709000000, "cash": 4474000000 }, "experience": { "revenueGrowth1y": -0.030768590223998693, "revenueGrowthPerYear": -0.027379386107906134, "operatingMargin": 0.4252330426564715, "operatingMarginPrior": 0.4680239820134899, "netMargin": 0.2984234717986168, "freeCashFlow": 9074000000 }, "soundness": { "equityRatio": -0.10000856726732729, "returnOnEquity": null, "payoutRatio": 1.0018713113574205, "dividendPerShare": 4.16, "dividendYearsRising": 9, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": null, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 17889040505.99409, "high": 25670229936.612473, "baseline": 22632895377.016815, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 1471, "sizeBand": "b10" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 15, "hits": 15, "rate": 1, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:20:31.327Z", "hash": "c475cc7b3382bba3", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000764180.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=764180" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }