Altria Group, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Altria Group, Inc. (MO), the latest P/E of 15.5 frames valuation, while ROE -255.35% and ROIC 33.54% indicates profitability and capital efficiency. Together with the current ratio of 0.56 and debt-to-equity -7.66, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

MO Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$13.04$11.90$11.63$11.47$11.44$11.22$10.59$10.40$10.15$9.91
Net Income per Share$4.81$6.56$4.61$3.20$1.34$2.40$-0.69$3.69$5.32$7.29
Operating Cash Flow per Share$5.32$5.09$5.27$4.58$4.56$4.51$4.19$4.45$2.56$1.94
Free Cash Flow per Share$5.15$5.01$5.16$4.46$4.46$4.39$4.06$4.32$2.46$1.85
Cash per Share$2.11$1.82$2.09$2.23$2.46$2.66$1.13$0.71$0.65$2.34
Book Value per Share$-1.89$-1.27$-1.98$-2.17$-0.87$1.57$3.38$7.84$8.01$6.54
Tangible Book Value per Share$-12.45$-12.87$-13.59$-11.91$-10.35$-8.00$-6.18$-1.42$-1.21$-2.33
Interest Debt per Share$15.35$15.16$15.53$15.41$15.84$16.52$15.71$14.01$7.62$7.50
CAPEX per Share$0.16$0.08$0.11$0.11$0.09$0.12$0.13$0.13$0.10$0.10

MO Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)15.537.988.7514.3135.3317.05-72.1413.3813.429.27
Price to Book (P/B)-38.67-40.14-20.1-20.76-54.4426.8314.996.38.9210.34
Price to Sales (P/S)5.684.393.473.994.143.664.714.757.046.83
Enterprise Value to EBITDA12.237.417.5912.0221.1112.0351.5211.4613.916.19
EV to Sales6.655.464.575.085.254.836.025.997.697.31
EV to Operating Cash Flow16.312.7510.0912.7313.212.0115.2114.0230.4437.27
EV to Free Cash Flow16.8112.9610.3113.0613.4712.3515.714.4331.7239.23
Enterprise Value$144.99B$111.63B$93.69B$105.11B$110.93B$100.70B$119.21B$117.61B$149.82B$141.31B

MO Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)-255.35%-503.31%-229.66%-145.08%-154.11%157.34%-20.78%47.09%66.48%111.50%
Return on Invested Capital (ROIC)33.54%33.20%30.28%31.10%23.35%17.64%-41.56%14.08%26.78%14.81%
Return on Tangible Assets47.58%73.82%44.93%29.72%11.23%15.08%-4.12%18.25%40.09%49.77%
Earnings Yield6.49%12.54%11.43%6.99%2.83%5.86%-1.39%7.47%7.45%10.79%
Free Cash Flow Yield6.96%9.59%12.78%9.76%9.42%10.70%8.14%8.75%3.44%2.73%
Dividend Yield5.71%7.62%9.53%8.00%7.37%8.26%6.51%5.81%3.50%3.42%

MO Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.560.510.490.840.710.790.590.20.640.98
Interest Coverage10.291010.0510.579.738.897.8113.0813.0311.53
Income Quality1.10.781.141.433.41.88-6.041.20.480.27
Debt to Equity-7.66-11.14-7.41-6.72-17.4610.384.511.740.91.09
Debt to Assets71.14%70.86%68.01%72.20%70.96%62.16%56.91%46.27%32.16%30.22%
Net Debt to EBITDA1.781.451.832.594.472.9311.22.381.170.41

MO Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover76.8175.7236.1611.05449.17152.12130.2463.5232.3346.04
Payables Turnover10.018.6810.6811.6715.8620.5721.818.4820.1418.27
Inventory Turnover6.125.635.125.465.963.983.093.163.383.79
Days Sales Outstanding4.754.8210.0933.030.812.42.85.7511.297.93
Days Payables Outstanding36.4742.0434.1631.2823.0217.7416.7419.7518.1319.98
Days of Inventory on Hand59.6264.8771.3266.8661.2291.79118.13115.4107.8496.41

MO Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA12.237.417.5912.0221.1112.0351.5211.4613.916.19
Market Cap$123.92B$89.83B$71.14B$82.46B$87.43B$76.18B$93.28B$93.20B$137.18B$131.99B
Enterprise Value$144.99B$111.63B$93.69B$105.11B$110.93B$100.70B$119.21B$117.61B$149.82B$141.31B
Dividend Yield5.71%7.62%9.53%8.00%7.37%8.26%6.51%5.81%3.50%3.42%
Payout Ratio87.05%60.77%83.38%114.49%260.44%140.81%-469.37%77.77%47.03%31.69%

Frequently Asked Questions

Is Altria Group, Inc. stock overvalued based on its P/E ratio?

On this page, MO's current P/E is 15.5, compared with a multi-year average around 15.0. When the current P/E sits near its historical average, valuation may be broadly "in line." Investors typically then focus on trend direction (whether profitability and cash-flow metrics are improving) and balance-sheet risk (liquidity and leverage) rather than treating the P/E in isolation.

What is Altria Group, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $123.92B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Altria Group, Inc. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Altria Group, Inc.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Altria Group, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Altria Group, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Altria Group, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Altria Group, Inc. financially strong based on its ratios?

To assess whether Altria Group, Inc. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 0.56, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 10.29, implying a stronger ability to cover interest expenses. Debt-to-equity is about -7.66, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Altria Group, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Altria Group, Inc. is sustaining strong returns (for example ROE at -255.35% and ROIC at 33.54%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.