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Altria Group MO Debt-to-equity

Discontinued — last reported Q2 '21

Debt-to-equity at other companies

SBA Communications logo
SBA CommunicationsSBAC
650%0.0pp
Blackstone logo
BlackstoneBX
$188.82B-0.3%
Southern Company logo
Southern CompanySO
70%
EFC
Ellington Financial Inc.EFC
$17.1B+19.6%
Berkshire Hathaway logo
Berkshire HathawayBRK.A
$42.84B-3.7%
American Healthcare REIT logo
American Healthcare REITAHR

Other financials

Income statement

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Revenue$5.4B+3.2%
Gross profit$4.2B+4.7%
Operating income$3.0B+65.3%
Net income$2.2B+103%
EPS (diluted)$1.30+106%

Balance sheet

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Cash & equivalents$3.6B-25.3%
Total debt$24.1B+2.7%
Total equity-$3.2B+8.5%
Total assets$34.6B-3.3%

Cash flow

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Operating cash flow$2.3B-14.6%
CapEx$93.0M+145%
Free cash flow$2.2B-16.8%

Valuation

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Market cap$115.42B+8.7%
Enterprise value$135.93B+8.9%
P/E14.3×+3.9×
P/S4.9×+0.4×

Profitability

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Gross margin76.2%+1.1pp
Operating margin47.2%+3.5pp
Net margin34.3%-8.7pp
FCF margin36.8%+0.7pp

Returns & leverage

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Return on equity101.6%
Current ratio0.6×0.0×

Where this comes from

Calculated from Altria Group’s reported figures.

Based on the most recent quarter.

The official record: Altria Group’s 10-Q, filed July 28, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Altria Group's debt-to-equity?
Altria Group (MO) reported debt-to-equity of 8.7× in Q2 2021.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.