Altria Group, Inc. (MO) FCF Payout Ratio: 81.68%
Is Altria Group, Inc.’s FCF payout ratio high or low?
Altria Group, Inc.'s FCF payout ratio of 81.68% is in line with its 5-year average of 78.02%, near the high end of its 5-year range (74.57%–81.96%).
The FCF payout ratio for Altria Group, Inc. (MO) is 81.68%. It is above its 12-month average by 4.59% (78.10%).
MO FCF Payout Ratio Chart
MO Average FCF Payout Ratio Chart
MO Current vs Average FCF Payout Ratio Chart
MO FCF Payout Ratio Metrics
FCF PAYOUT RATIO
81.68%
FCF PAYOUT RATIO AVG TTM
78.10%
FCF PAYOUT RATIO AVG 3Y
78.18%
FCF PAYOUT RATIO AVG 5Y
78.02%
FCF PAYOUT RATIO AVG 10Y
83.31%
FCF PAYOUT RATIO AVG 15Y
86.48%
FCF PAYOUT RATIO AVG 20Y
84.30%
CURRENT VS TTM AVG
+4.59%
CURRENT VS 3Y AVG
+4.47%
CURRENT VS 5Y AVG
+4.69%
CURRENT VS 10Y AVG
-1.96%
CURRENT VS 15Y AVG
-5.55%
CURRENT VS 20Y AVG
-3.11%
Payout Ratio Comparison
FCF Payout Ratio
81.7%
Earnings Payout Ratio
102.2%
Dividend Yield
5.76%
FCF Yield
7.07%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $9.07B | $6.96B | 76.7% |
| 2024 | $8.61B | $6.84B | 79.5% |
| 2023 | $9.09B | $6.78B | 74.6% |
| 2022 | $8.05B | $6.60B | 82.0% |
| 2021 | $8.24B | $6.45B | 78.3% |
| 2020 | $8.15B | $6.29B | 77.1% |
| 2019 | $7.59B | $6.07B | 79.9% |
| 2018 | $8.15B | $5.42B | 66.4% |
| 2017 | $4.72B | $4.81B | 101.8% |
| 2016 | $3.60B | $4.51B | 125.3% |
| 2015 | $5.58B | $4.18B | 74.9% |
| 2014 | $4.50B | $3.89B | 86.5% |
| 2013 | $4.24B | $3.61B | 85.1% |
| 2012 | $3.78B | $3.40B | 90.0% |
| 2011 | $3.51B | $3.22B | 91.8% |
| 2010 | $2.60B | $2.96B | 113.8% |
| 2009 | $3.17B | $2.69B | 85.0% |
| 2008 | $4.64B | $4.43B | 95.4% |
| 2007 | $8.85B | $6.65B | 75.2% |
| 2006 | $11.13B | $6.82B | 61.2% |
| 2005 | $8.85B | $6.19B | 69.9% |
| 2004 | $8.98B | $5.67B | 63.2% |
| 2003 | $8.84B | $5.29B | 59.8% |
| 2002 | $8.60B | $5.07B | 58.9% |
| 2001 | $6.97B | $4.77B | 68.4% |
| 2000 | $9.36B | $4.50B | 48.1% |
| 1999 | $9.63B | $4.34B | 45.1% |
| 1998 | $6.30B | $3.98B | 63.2% |
| 1997 | $6.47B | $3.88B | 60.1% |
| 1996 | $5.24B | $3.46B | 66.1% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Altria Group, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Altria Group, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Altria Group, Inc. (MO)?
- The FCF payout ratio for MO stock is 81.68%.
- Is Altria Group, Inc.'s FCF payout ratio high or low?
- Altria Group, Inc.'s FCF payout ratio of 81.68% is in line with its 5-year average of 78.02%, near the high end of its 5-year range (74.57%–81.96%).
- What is the TTM average FCF payout ratio for Altria Group, Inc. (MO)?
- The TTM average FCF payout ratio for MO stock is 78.10%.
- What is the 3Y average FCF payout ratio for Altria Group, Inc. (MO)?
- The 3Y average FCF payout ratio for MO stock is 78.18%.
- What is the 5Y average FCF payout ratio for Altria Group, Inc. (MO)?
- The 5Y average FCF payout ratio for MO stock is 78.02%.
- What is the 10Y average FCF payout ratio for Altria Group, Inc. (MO)?
- The 10Y average FCF payout ratio for MO stock is 83.31%.
- What is the 15Y average FCF payout ratio for Altria Group, Inc. (MO)?
- The 15Y average FCF payout ratio for MO stock is 86.48%.
- What is the 20Y average FCF payout ratio for Altria Group, Inc. (MO)?
- The 20Y average FCF payout ratio for MO stock is 84.30%.
Altria Group, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 76.70% |
| 2024-12-31 | 79.49% |
| 2023-12-31 | 74.57% |
| 2022-12-31 | 81.96% |
| 2021-12-31 | 78.27% |
| 2020-12-31 | 77.14% |
| 2019-12-31 | 79.95% |
| 2018-12-31 | 66.42% |
| 2017-12-31 | 101.78% |
| 2016-12-31 | 125.26% |
| 2015-12-31 | 74.88% |
| 2014-12-31 | 86.49% |
| 2013-12-31 | 85.11% |
| 2012-12-31 | 89.97% |
| 2011-12-31 | 91.85% |
| 2010-12-31 | 113.81% |
| 2009-12-31 | 84.95% |
| 2008-12-31 | 95.43% |
| 2007-12-31 | 75.20% |
| 2006-12-31 | 61.22% |
| 2005-12-31 | 69.92% |
| 2004-12-31 | 63.18% |
| 2003-12-31 | 59.77% |
| 2002-12-31 | 58.91% |
| 2001-12-31 | 68.41% |
| 2000-12-31 | 48.07% |
| 1999-12-31 | 45.07% |
| 1998-12-31 | 63.25% |
| 1997-12-31 | 60.08% |
| 1996-12-31 | 66.12% |
About Altria Group, Inc.
Operating across the United States through its subsidiaries, Altria Group, Inc. is a prominent manufacturer and marketer of both combustible and oral tobacco items. Its portfolio features cigarettes, primarily under the iconic Marlboro brand, alongside cigars and pipe tobacco mainly offered as Black & Mild. The enterprise further provides an assortment of moist smokeless tobacco products, including Copenhagen, Skoal, Red Seal, and Husky, in addition to its on! brand of oral nicotine pouches. Altria distributes its merchandise chiefly to wholesale partners, such as independent distributors, and directly to substantial retail organizations, including major chain stores. The corporation, founded in 1822, maintains its principal offices in Richmond, Virginia.
- Sector
- Consumer Defensive
- Industry
- Tobacco
- CEO
- William F. Gifford Jr.