Altria Group (MO) — Capital Reinvestment Ratio
Latest as of December 2025:
0.03x
Altria Group (MO) has a Capital Reinvestment Ratio of 0.03x as of December 2025, meaning it reinvests 0% of its operating cash flow ($3.27 Billion) in capital expenditures ($92.00 Million). See MO free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.03x
Capex / Operating Cash Flow
Operating Cash Flow
$3.27 Billion
USD
Capital Expenditures
$92.00 Million
USD
Data as of
Dec 2025
Most recent filing
Altria Group Capital Reinvestment Ratio (1989–2025)
This chart tracks Altria Group's Capital Reinvestment Ratio across 37 annual periods.
Annual Capital Reinvestment Ratio for Altria Group (1989–2025)
Year-by-year Capital Reinvestment Ratio for Altria Group from 1989 to 2025. For live market cap and broader valuation context, see Altria Group market cap and net worth.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow