# Altria Group, Inc. (MO) · Edgar & Edgarette company card

> 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.

SEC CIK 764180 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MO) · [JSON](https://www.pops4.com/boards/company/MO.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $23.3B |
| Revenue growth, 1 year | -3.1% |
| Revenue growth per year | -2.7% |
| Operating margin | 42.5% (prior year 46.8%) |
| Net margin | 29.8% |
| Operating cash flow | $9.3B |
| Capital spending | $216M |
| Free cash flow | $9.1B |
| Cash | $4.5B |
| Long-term debt | $25.7B |
| Total assets | $35.0B |
| Total equity | −$3.5B |
| Equity ÷ assets | -10.0% |
| Return on equity | — |
| Dividend per share | $4.16 |
| Dividend years rising | 9 |

## Readings, computed from those figures

- Altman Z: 4.5 (safe zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: Sound ship · one warning sign · liabilities exceed assets (often from years of share buybacks, not always distress)
- Cash Compass: Steady earner · steady and paying a dividend, with average cash

## Edgarette's reading

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 $20.5B and $23.4B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $19.4B to $24.6B. A statistical range, not company guidance.

Range logged 2026-09-24, receipt b6ce72d8eec9bd36, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-08-28 ([filing](https://www.sec.gov/Archives/edgar/data/764180/000076418026000098/0000764180-26-000098-index.htm))

## Recent filings

- 10-Q · filed 2026-10-29 · [filing](https://www.sec.gov/Archives/edgar/data/764180/000076418026000114/0000764180-26-000114-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/764180/000076418026000112/0000764180-26-000112-index.htm)
- 8-K · filed 2026-10-09 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/764180/000076418026000105/0000764180-26-000105-index.htm)
- 8-K · filed 2026-08-28 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/764180/000076418026000098/0000764180-26-000098-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/764180/000076418026000094/0000764180-26-000094-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/764180/000076418026000093/0000764180-26-000093-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000764180.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=764180

## Cite

POPS4, Edgar & Edgarette: Altria Group, Inc. (MO) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/MO. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

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.