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 | 2017-12-31 | $4.70B | $1.06B | +29.28% | +18.38% |
| 2016 | 2016-12-31 | $3.64B | −$1.98B | −35.22% | +14.13% |
| 2015 | 2015-12-31 | $5.61B | $1.11B | +24.76% | +22.07% |
| 2014 | 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 | 2018-03-31 | $2.77B | $133.0M | +5.03% | +45.43% |
| Q4 2017 | 2017-12-31 | $709.0M | $474.0M | +201.70% | +11.62% |
| Q3 2017 | 2017-09-30 | $2.14B | −$252.0M | −10.54% | +31.79% |
| Q2 2017 | 2017-06-30 | −$788.0M | $893.0M | — | −11.83% |
| Q1 2017 | 2017-03-31 | $2.64B | −$50.0M | −1.86% | +43.43% |
| Q4 2016 | 2016-12-31 | $235.0M | −$1.45B | −86.06% | +3.76% |
| Q3 2016 | 2016-09-30 | $2.39B | −$389.0M | −13.99% | +34.63% |
| Q2 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 | 2015-03-31 | $2.45B | $352.0M | +16.78% | +42.21% |
| Q4 2014 | 2014-12-31 | $1.56B | $210.0M | +15.60% | +24.86% |
| Q3 2014 | 2014-09-30 | $2.25B | −$124.0M | −5.23% | +34.59% |
| Q2 2014 | 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 | −$1.31B | −49.47% | +22.20% |
| Q3 2009 | 2009-09-30 | $1.81B | — | — | +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 SEC-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 filings at SEC.gov ↗