Altria Group Free Cash Flow (FCF) History (MO)
Altria Group reported $9.07B in free cash flow for fiscal 2025, an increase of 5.38% from the previous fiscal year, with a free cash flow margin of 38.98%.
View full Altria Group company overviewAltria Group free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.07B | $463.0M | +5.38% | +38.98% |
| 2024 | 2024-12-31 | $8.61B | −$480.0M | −5.28% | +35.85% |
| 2023 | 2023-12-31 | $9.09B | $1.04B | +12.92% | +37.13% |
| 2022 | 2022-12-31 | $8.05B | −$185.0M | −2.25% | +32.08% |
| 2021 | 2021-12-31 | $8.24B | $82.0M | +1.01% | +31.66% |
| 2020 | 2020-12-31 | $8.15B | $563.0M | +7.42% | +31.18% |
| 2019 | 2019-12-31 | $7.59B | −$562.0M | −6.89% | +30.23% |
| 2018 | 2018-12-31 | $8.15B | $3.45B | +73.39% | +32.14% |
| 2017 · Dec 31 | 2017-12-31 | $4.70B | $1.06B | +29.28% | +18.38% |
| 2016 · Dec 31 | 2016-12-31 | $3.64B | −$1.98B | −35.22% | +14.13% |
| 2015 | 2015-12-31 | $5.61B | $1.11B | +24.76% | +22.07% |
| 2014 · Dec 31 | 2014-12-31 | $4.50B | $256.0M | +6.03% | +18.35% |
| 2013 | 2013-12-31 | $4.24B | $465.0M | +12.30% | +17.35% |
| 2012 | 2012-12-31 | $3.78B | $271.0M | +7.73% | +15.35% |
| 2011 | 2011-12-31 | $3.51B | $909.0M | +34.97% | +14.74% |
| 2010 | 2010-12-31 | $2.60B | −$571.0M | −18.01% | +10.67% |
| 2009 | 2009-12-31 | $3.17B | −$1.47B | −31.68% | +13.46% |
| 2008 | 2008-12-31 | $4.64B | −$5.29B | −53.27% | +23.97% |
| 2007 | 2007-12-31 | $9.93B | — | — | +53.20% |
Altria Group quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $662.0M | $489.0M | +282.66% | +10.83% |
| Q1 2026 | 2026-03-31 | $2.23B | −$451.0M | −16.82% | +41.10% |
| Q4 2025 | 2025-12-31 | $3.18B | −$114.0M | −3.46% | +54.38% |
| Q3 2025 | 2025-09-30 | $3.04B | $460.0M | +17.83% | +50.07% |
| Q2 2025 | 2025-06-30 | $173.0M | $277.0M | — | +2.84% |
| Q1 2025 | 2025-03-31 | $2.68B | −$160.0M | −5.63% | +51.00% |
| Q4 2024 | 2024-12-31 | $3.29B | $119.0M | +3.75% | +55.12% |
| Q3 2024 | 2024-09-30 | $2.58B | −$332.0M | −11.40% | +41.22% |
| Q2 2024 | 2024-06-30 | −$104.0M | −$180.0M | — | −1.67% |
| Q1 2024 | 2024-03-31 | $2.84B | −$87.0M | −2.97% | +50.97% |
| Q4 2023 | 2023-12-31 | $3.17B | $613.0M | +23.94% | +53.12% |
| Q3 2023 | 2023-09-30 | $2.91B | −$100.0M | −3.32% | +46.36% |
| Q2 2023 | 2023-06-30 | $76.0M | $628.0M | — | +1.17% |
| Q1 2023 | 2023-03-31 | $2.93B | −$101.0M | −3.33% | +51.22% |
| Q4 2022 | 2022-12-31 | $2.56B | −$35.0M | −1.35% | +41.91% |
| Q3 2022 | 2022-09-30 | $3.01B | −$2.0M | −0.07% | +45.98% |
| Q2 2022 | 2022-06-30 | −$552.0M | −$164.0M | — | −8.44% |
| Q1 2022 | 2022-03-31 | $3.03B | $16.0M | +0.53% | +51.43% |
| Q4 2021 | 2021-12-31 | $2.60B | $124.0M | +5.02% | +41.50% |
| Q3 2021 | 2021-09-30 | $3.01B | $2.17B | +257.96% | +44.41% |
| Q2 2021 | 2021-06-30 | −$388.0M | −$2.15B | — | −5.59% |
| Q1 2021 | 2021-03-31 | $3.01B | −$63.0M | −2.05% | +49.93% |
| Q4 2020 | 2020-12-31 | $2.47B | −$5.0M | −0.20% | +39.21% |
| Q3 2020 | 2020-09-30 | $842.0M | −$1.96B | −69.94% | +11.82% |
| Q2 2020 | 2020-06-30 | $1.76B | $1.70B | +2743.55% | +27.69% |
| Q1 2020 | 2020-03-31 | $3.08B | $826.0M | +36.69% | +48.39% |
| Q4 2019 | 2019-12-31 | $2.48B | $758.0M | +44.10% | +41.24% |
| Q3 2019 | 2019-09-30 | $2.80B | $145.0M | +5.46% | +40.85% |
| Q2 2019 | 2019-06-30 | $62.0M | −$941.0M | −93.82% | +0.94% |
| Q1 2019 | 2019-03-31 | $2.25B | −$524.0M | −18.88% | +40.00% |
| Q4 2018 | 2018-12-31 | $1.72B | $1.01B | +142.45% | +28.12% |
| Q3 2018 | 2018-09-30 | $2.66B | $517.0M | +24.17% | +38.85% |
| Q2 2018 | 2018-06-30 | $1.00B | $1.79B | — | +15.91% |
| Q1 2018 · Mar 31 | 2018-03-31 | $2.77B | $133.0M | +5.03% | +45.43% |
| Q4 2017 | 2017-12-31 | $709.0M | $474.0M | +201.70% | +11.62% |
| Q1 2018 · Sep 30 | 2017-09-30 | $2.14B | −$252.0M | −10.54% | +31.79% |
| Q4 2017 · Jun 30 | 2017-06-30 | −$788.0M | $893.0M | — | −11.83% |
| Q1 2017 · Mar 31 | 2017-03-31 | $2.64B | −$50.0M | −1.86% | +43.43% |
| Q4 2016 | 2016-12-31 | $235.0M | −$1.45B | −86.06% | +3.76% |
| Q1 2017 · Sep 30 | 2016-09-30 | $2.39B | −$389.0M | −13.99% | +34.63% |
| Q4 2016 | 2016-06-30 | −$1.68B | −$379.0M | — | −25.78% |
| Q1 2016 | 2016-03-31 | $2.69B | $242.0M | +9.88% | +44.38% |
| Q4 2015 | 2015-12-31 | $1.69B | $130.0M | +8.35% | +26.69% |
| Q3 2015 | 2015-09-30 | $2.78B | $535.0M | +23.83% | +41.50% |
| Q2 2015 | 2015-06-30 | −$1.30B | $97.0M | — | −19.69% |
| Q1 2015 · Mar 31 | 2015-03-31 | $2.45B | $352.0M | +16.78% | +42.21% |
| Q4 2014 | 2014-12-31 | $1.56B | $210.0M | +15.60% | +24.86% |
| Q1 2015 · Sep 30 | 2014-09-30 | $2.25B | −$124.0M | −5.23% | +34.59% |
| Q4 2014 · Jun 30 | 2014-06-30 | −$1.40B | −$150.0M | — | −22.36% |
| Q1 2014 | 2014-03-31 | $2.10B | $320.0M | +18.00% | +38.03% |
| Q4 2013 | 2013-12-31 | $1.35B | −$390.0M | −22.47% | +22.14% |
| Q3 2013 | 2013-09-30 | $2.37B | $202.0M | +9.32% | +36.15% |
| Q2 2013 | 2013-06-30 | −$1.25B | $696.0M | — | −19.81% |
| Q1 2013 | 2013-03-31 | $1.78B | −$43.0M | −2.36% | +32.16% |
| Q4 2012 | 2012-12-31 | $1.74B | $717.0M | +70.36% | +27.81% |
| Q3 2012 | 2012-09-30 | $2.17B | $117.0M | +5.71% | +34.72% |
| Q2 2012 | 2012-06-30 | −$1.95B | −$335.0M | — | −29.98% |
| Q1 2012 | 2012-03-31 | $1.82B | −$228.0M | −11.13% | +32.25% |
| Q4 2011 | 2011-12-31 | $1.02B | $26.0M | +2.62% | +16.63% |
| Q3 2011 | 2011-09-30 | $2.05B | $666.0M | +48.12% | +33.56% |
| Q2 2011 | 2011-06-30 | −$1.61B | $171.0M | — | −27.20% |
| Q1 2011 | 2011-03-31 | $2.05B | $46.0M | +2.30% | +36.31% |
| Q4 2010 | 2010-12-31 | $993.0M | −$342.0M | −25.62% | +16.75% |
| Q3 2010 | 2010-09-30 | $1.38B | −$428.0M | −23.62% | +21.62% |
| Q2 2010 | 2010-06-30 | −$1.78B | $196.0M | — | −28.39% |
| Q1 2010 | 2010-03-31 | $2.00B | $3.0M | +0.15% | +34.77% |
| Q4 2009 | 2009-12-31 | $1.33B | — | — | +22.20% |
| Q3 2009 | 2009-09-30 | $1.81B | −$830.0M | −31.42% | +28.76% |
| Q2 2009 | 2009-06-30 | −$1.98B | — | — | −29.42% |
| Q1 2009 | 2009-03-31 | $2.00B | — | — | +44.22% |
| Q3 2008 | 2008-09-30 | $2.64B | — | — | +50.44% |
Altria Group free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $8.15B to $9.07B, a compound annual growth rate of 2.16%. Altria Group's latest reported quarter, Q2 2026, generated $662.0M in free cash flow, an increase of 282.66% year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Altria Group source filings ↗