On trailing earnings, MO is cheaper: MO trades at a 15.32 P/E and PG at 21.71.

Which has grown faster, MO or PG?

Over the past five years, PG grew revenue faster — MO at a 1.08% CAGR versus PG at 2.98%.

Does MO or PG pay a bigger dividend?

MO yields 5.79% and PG yields 2.93% based on trailing dividends and the latest price.

Is MO or PG more profitable?

MO runs the higher net margin — MO at 36.91% versus PG at 19.22%.

Which has been the better investment, MO or PG?

Over the past 10-year, PG delivered the higher annualized total return — MO at 8.05% versus PG at 9.07%. Past performance doesn't predict future results.

Altria Group, Inc. (MO) vs The Procter & Gamble Company (PG)

MO leads on 13 of 16 compared metrics.

A side-by-side comparison of Altria Group, Inc. and The Procter & Gamble Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Altria Group, Inc.

$122.63B

$73.21Consumer Defensive

The Procter & Gamble Company

$347.29B

$148.50Consumer Defensive

Total return — MO vs PG

growth of $100 · last 30y

MO +111.8%PG +543.1%PG compounded faster

MO PG

MO vs PG: by the numbers

•PG is the larger company ($347.29B vs $122.63B market cap).
•MO trades at the lower earnings multiple (15.32 vs 21.71 P/E).
•MO converts more revenue to profit (36.91% vs 19.22% net margin).
•PG grew revenue faster over the past five years (2.98% vs 1.08% CAGR).
•MO pays the higher dividend yield (5.79% vs 2.93%).

Which is better, MO or PG?

Metric tally: MO 13 · PG 3

It depends on what you're optimizing for:

ValueMO(lower P/E)

GrowthPG(faster 5Y revenue CAGR)

IncomeMO(higher dividend yield)

QualityMO(higher ROIC)

Metrics side by side

Valuation

Metric	MO	PG
P/E ratio	15.32●	21.71
Forward P/E	12.44●	21.01
P/S ratio	5.61	4.14●
P/B ratio	—	6.58
PEG ratio	1.35●	3.01
EV / EBITDA	12.72●	16.52
FCF yield	7.04%●	4.19%

Profitability

Metric	MO	PG
Gross margin	86.59%●	50.33%
Operating margin	74.80%●	23.24%
Net margin	36.91%●	19.22%
ROE	-198.37%	30.58%●
ROIC	42.95%●	16.47%

Dividends

Metric	MO	PG
Dividend yield	5.79%●	2.93%
Payout ratio	103.16%	65.28%

Growth (annualized)

Metric	MO	PG
Revenue CAGR (5Y)	1.08%	2.98%●
EPS CAGR (5Y)	11.36%●	5.39%
FCF CAGR (5Y)	1.28%●	-1.64%
Total return CAGR (5Y)	17.84%●	4.66%

Frequently asked

Which is better, MO or PG?: It depends on your goal. value: MO (lower P/E); growth: PG (faster 5Y revenue CAGR); income: MO (higher dividend yield); quality: MO (higher ROIC). Across all compared metrics, MO leads 13 to 3.
Is MO or PG cheaper?: On trailing earnings, MO is cheaper: MO trades at a 15.32 P/E and PG at 21.71.
Which has grown faster, MO or PG?: Over the past five years, PG grew revenue faster — MO at a 1.08% CAGR versus PG at 2.98%.
Does MO or PG pay a bigger dividend?: MO yields 5.79% and PG yields 2.93% based on trailing dividends and the latest price.
Is MO or PG more profitable?: MO runs the higher net margin — MO at 36.91% versus PG at 19.22%.
Which has been the better investment, MO or PG?: Over the past 10-year, PG delivered the higher annualized total return — MO at 8.05% versus PG at 9.07%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 26, 2026.