Altria Group (MO) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.03x

Altria Group (MO) has a Cash Flow Reinvestment Rate of 0.03x as of December 2025, reinvesting $92.00 Million (capex $92.00 Million ) from operating cash flow of $3.27 Billion. Explore MO capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.03x
(Capex + Investments) / Operating CF

Total Reinvested

$92.00 Million
Capex + Investments

Operating Cash Flow

$3.27 Billion
USD

Capital Expenditures

$92.00 Million
USD

Altria Group Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Altria Group across 37 annual periods. Also explore MO total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Altria Group (1989–2025)

Year-by-year capital reinvestment analysis for Altria Group. For live market cap and broader valuation context, see MO market cap overview.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow