Altria Group (MO) — Cash Flow Reinvestment Rate
Altria Group (MO) has a Cash Flow Reinvestment Rate of 0.04x as of March 2026, reinvesting $93.00 Million (capex $93.00 Million ) from operating cash flow of $2.32 Billion. See Altria Group free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Altria Group Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Altria Group across 37 annual periods. For the full cash flow conversion analysis, see Altria Group cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Altria Group (1989–2025)
Year-by-year capital reinvestment analysis for Altria Group. See MO financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.02x | $216.00 Million | $9.29 Billion | $216.00 Million | ▼ -91.2% |
| 2024 | 0.26x | $2.32 Billion | $8.75 Billion | $142.00 Million | ▲ +491.0% |
| 2023 | 0.04x | $416.00 Million | $9.29 Billion | $196.00 Million | ▼ -62.5% |
| 2022 | 0.12x | $987.00 Million | $8.26 Billion | $205.00 Million | ▼ -27.2% |
| 2021 | 0.16x | $1.38 Billion | $8.40 Billion | $169.00 Million | ▲ +268.4% |
| 2020 | 0.04x | $374.00 Million | $8.38 Billion | $231.00 Million | ▼ -83.7% |
| 2019 | 0.27x | $2.15 Billion | $7.84 Billion | $246.00 Million | ▲ +642.6% |
| 2018 | 0.04x | $310.00 Million | $8.39 Billion | $238.00 Million | ▼ -44.4% |
| 2017 | 0.07x | $327.00 Million | $4.92 Billion | $199.00 Million | ▼ -93.5% |
| 2016 | 1.03x | $3.90 Billion | $3.79 Billion | $189.00 Million | ▲ +230.5% |
| 2015 | 0.31x | $1.81 Billion | $5.81 Billion | $229.00 Million | ▼ -16.7% |
| 2014 | 0.37x | $1.74 Billion | $4.66 Billion | $163.00 Million | ▲ +1146.9% |
| 2013 | 0.03x | $131.00 Million | $4.38 Billion | $131.00 Million | ▼ -5.8% |
| 2012 | 0.03x | $124.00 Million | $3.90 Billion | $124.00 Million | ▲ +9.3% |
| 2011 | 0.03x | $105.00 Million | $3.61 Billion | $105.00 Million | ▼ -52.1% |
| 2010 | 0.06x | $168.00 Million | $2.77 Billion | $168.00 Million | ▼ -80.2% |
| 2009 | 0.31x | $1.06 Billion | $3.44 Billion | $273.00 Million | ▲ +521.8% |
| 2008 | 0.05x | $241.00 Million | $4.88 Billion | $241.00 Million | ▼ -65.1% |
| 2007 | 0.14x | $1.46 Billion | $10.30 Billion | $1.46 Billion | ▼ -21.7% |
| 2006 | 0.18x | $2.45 Billion | $13.59 Billion | $2.45 Billion | ▼ -9.4% |
| 2005 | 0.20x | $2.21 Billion | $11.06 Billion | $2.21 Billion | ▲ +13.5% |
| 2004 | 0.18x | $1.91 Billion | $10.89 Billion | $1.91 Billion | ▼ -3.7% |
| 2003 | 0.18x | $1.97 Billion | $10.82 Billion | $1.97 Billion | ▼ -3.6% |
| 2002 | 0.19x | $2.01 Billion | $10.61 Billion | $2.01 Billion | ▼ -12.4% |
| 2001 | 0.22x | $1.92 Billion | $8.89 Billion | $1.92 Billion | ▲ +41.9% |
| 2000 | 0.15x | $1.68 Billion | $11.04 Billion | $1.68 Billion | ▼ -0.9% |
| 1999 | 0.15x | $1.75 Billion | $11.38 Billion | $1.75 Billion | ▼ -31.4% |
| 1998 | 0.22x | $1.82 Billion | $8.12 Billion | $1.82 Billion | ▼ -0.2% |
| 1997 | 0.22x | $1.87 Billion | $8.34 Billion | $1.87 Billion | ▼ -28.5% |
| 1996 | 0.31x | $2.40 Billion | $7.63 Billion | $2.40 Billion | ▲ +29.6% |
| 1995 | 0.24x | $1.62 Billion | $6.69 Billion | $1.62 Billion | ▼ -2.5% |
| 1994 | 0.25x | $1.73 Billion | $6.94 Billion | $1.73 Billion | ▼ -63.5% |
| 1993 | 0.68x | $4.75 Billion | $6.97 Billion | $4.75 Billion | ▲ +198.5% |
| 1992 | 0.23x | $1.57 Billion | $6.88 Billion | $1.57 Billion | ▼ -17.0% |
| 1991 | 0.28x | $1.72 Billion | $6.26 Billion | $1.72 Billion | ▲ +9.5% |
| 1990 | 0.25x | $1.35 Billion | $5.38 Billion | $1.35 Billion | ▼ -26.6% |
| 1989 | 0.34x | $1.25 Billion | $3.63 Billion | $1.25 Billion | — |