Altria Group Capital Reinvestment Ratio
Altria Group capital reinvestment ratio. Altria Group (MO) has a Capital Reinvestment Ratio of 0.04x as of March 2026, meaning it reinvests 0% of its operating cash flow ($2.32 Billion) in capital expenditures ($93.00 Million). Check MO cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Altria Group (1989–2025)
Capital reinvestment ratio of Altria Group from 1989 to 2025. This chart tracks Altria Group's Capital Reinvestment Ratio across 37 annual periods. Also explore MO net assets growth trend to track the company's year-over-year net asset growth rate.
Altria Group Capital Reinvestment Ratio by Year (1989–2025)
Altria Group capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see MO cash flow metrics.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | $9.29 Billion | $216.00 Million | ▲ +43.3% |
| 2024 | 0.02x | $8.75 Billion | $142.00 Million | ▼ -23.1% |
| 2023 | 0.02x | $9.29 Billion | $196.00 Million | ▼ -15.0% |
| 2022 | 0.02x | $8.26 Billion | $205.00 Million | ▲ +23.5% |
| 2021 | 0.02x | $8.40 Billion | $169.00 Million | ▼ -27.0% |
| 2020 | 0.03x | $8.38 Billion | $231.00 Million | ▼ -12.2% |
| 2019 | 0.03x | $7.84 Billion | $246.00 Million | ▲ +10.7% |
| 2018 | 0.03x | $8.39 Billion | $238.00 Million | ▼ -29.8% |
| 2017 | 0.04x | $4.92 Billion | $199.00 Million | ▼ -18.9% |
| 2016 | 0.05x | $3.79 Billion | $189.00 Million | ▲ +26.5% |
| 2015 | 0.04x | $5.81 Billion | $229.00 Million | ▲ +12.8% |
| 2014 | 0.03x | $4.66 Billion | $163.00 Million | ▲ +16.7% |
| 2013 | 0.03x | $4.38 Billion | $131.00 Million | ▼ -5.8% |
| 2012 | 0.03x | $3.90 Billion | $124.00 Million | ▲ +9.3% |
| 2011 | 0.03x | $3.61 Billion | $105.00 Million | ▼ -52.1% |
| 2010 | 0.06x | $2.77 Billion | $168.00 Million | ▼ -23.4% |
| 2009 | 0.08x | $3.44 Billion | $273.00 Million | ▲ +60.6% |
| 2008 | 0.05x | $4.88 Billion | $241.00 Million | ▼ -65.1% |
| 2007 | 0.14x | $10.30 Billion | $1.46 Billion | ▼ -21.7% |
| 2006 | 0.18x | $13.59 Billion | $2.45 Billion | ▼ -9.4% |
| 2005 | 0.20x | $11.06 Billion | $2.21 Billion | ▲ +13.5% |
| 2004 | 0.18x | $10.89 Billion | $1.91 Billion | ▼ -3.7% |
| 2003 | 0.18x | $10.82 Billion | $1.97 Billion | ▼ -3.6% |
| 2002 | 0.19x | $10.61 Billion | $2.01 Billion | ▼ -12.4% |
| 2001 | 0.22x | $8.89 Billion | $1.92 Billion | ▲ +41.9% |
| 2000 | 0.15x | $11.04 Billion | $1.68 Billion | ▼ -0.9% |
| 1999 | 0.15x | $11.38 Billion | $1.75 Billion | ▼ -31.4% |
| 1998 | 0.22x | $8.12 Billion | $1.82 Billion | ▼ -0.2% |
| 1997 | 0.22x | $8.34 Billion | $1.87 Billion | ▼ -28.5% |
| 1996 | 0.31x | $7.63 Billion | $2.40 Billion | ▲ +29.6% |
| 1995 | 0.24x | $6.69 Billion | $1.62 Billion | ▼ -2.5% |
| 1994 | 0.25x | $6.94 Billion | $1.73 Billion | ▼ -63.5% |
| 1993 | 0.68x | $6.97 Billion | $4.75 Billion | ▲ +198.5% |
| 1992 | 0.23x | $6.88 Billion | $1.57 Billion | ▼ -17.0% |
| 1991 | 0.28x | $6.26 Billion | $1.72 Billion | ▲ +9.5% |
| 1990 | 0.25x | $5.38 Billion | $1.35 Billion | ▼ -26.6% |
| 1989 | 0.34x | $3.63 Billion | $1.25 Billion | — |