Altria Group (MO) — Financial Flexibility Index
Altria Group (MO) has a Financial Flexibility Index of 0.09x as of December 2025. Free cash flow of $3.36 Billion (operating CF $3.27 Billion minus capex $92.00 Million) represents 0% of total liabilities ($38.47 Billion). Check asset allocation strategy of Altria Group to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Altria Group Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Altria Group across 37 annual periods. See working capital to net assets of Altria Group to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Altria Group (1989–2025)
Year-by-year free cash flow to debt coverage for Altria Group. For the full company profile including market capitalisation, see market cap of Altria Group.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.25x | $9.51 Billion | $9.29 Billion | $38.47 Billion | ▲ +3.8% |
| 2024 | 0.24x | $8.89 Billion | $8.75 Billion | $37.37 Billion | ▲ +5.6% |
| 2023 | 0.23x | $9.48 Billion | $9.29 Billion | $42.06 Billion | ▲ +8.9% |
| 2022 | 0.21x | $8.46 Billion | $8.26 Billion | $40.88 Billion | ▼ -0.7% |
| 2021 | 0.21x | $8.57 Billion | $8.40 Billion | $41.13 Billion | ▲ +7.6% |
| 2020 | 0.19x | $8.62 Billion | $8.38 Billion | $44.49 Billion | ▲ +2.9% |
| 2019 | 0.19x | $8.08 Billion | $7.84 Billion | $42.95 Billion | ▼ -10.9% |
| 2018 | 0.21x | $8.63 Billion | $8.39 Billion | $40.85 Billion | ▲ +14.8% |
| 2017 | 0.18x | $5.12 Billion | $4.92 Billion | $27.82 Billion | ▲ +53.4% |
| 2016 | 0.12x | $3.98 Billion | $3.79 Billion | $33.16 Billion | ▼ -41.0% |
| 2015 | 0.20x | $6.04 Billion | $5.81 Billion | $29.66 Billion | ▲ +32.7% |
| 2014 | 0.15x | $4.83 Billion | $4.66 Billion | $31.46 Billion | ▲ +4.6% |
| 2013 | 0.15x | $4.51 Billion | $4.38 Billion | $30.74 Billion | ▲ +17.1% |
| 2012 | 0.13x | $4.03 Billion | $3.90 Billion | $32.16 Billion | ▲ +12.0% |
| 2011 | 0.11x | $3.72 Billion | $3.61 Billion | $33.25 Billion | ▲ +22.6% |
| 2010 | 0.09x | $2.94 Billion | $2.77 Billion | $32.17 Billion | ▼ -20.0% |
| 2009 | 0.11x | $3.72 Billion | $3.44 Billion | $32.60 Billion | ▼ -45.7% |
| 2008 | 0.21x | $5.12 Billion | $4.88 Billion | $24.39 Billion | ▼ -31.0% |
| 2007 | 0.30x | $11.76 Billion | $10.30 Billion | $38.66 Billion | ▲ +15.9% |
| 2006 | 0.26x | $16.04 Billion | $13.59 Billion | $61.12 Billion | ▲ +34.7% |
| 2005 | 0.19x | $13.27 Billion | $11.06 Billion | $68.10 Billion | ▲ +0.7% |
| 2004 | 0.19x | $12.80 Billion | $10.89 Billion | $66.17 Billion | ▲ +0.4% |
| 2003 | 0.19x | $12.79 Billion | $10.82 Billion | $66.34 Billion | ▼ -2.7% |
| 2002 | 0.20x | $12.62 Billion | $10.61 Billion | $63.70 Billion | ▲ +12.4% |
| 2001 | 0.18x | $10.81 Billion | $8.89 Billion | $61.34 Billion | ▼ -11.2% |
| 2000 | 0.20x | $12.73 Billion | $11.04 Billion | $64.06 Billion | ▼ -30.3% |
| 1999 | 0.28x | $13.12 Billion | $11.38 Billion | $46.08 Billion | ▲ +25.3% |
| 1998 | 0.23x | $9.94 Billion | $8.12 Billion | $43.72 Billion | ▼ -8.7% |
| 1997 | 0.25x | $10.21 Billion | $8.34 Billion | $41.03 Billion | ▲ +0.9% |
| 1996 | 0.25x | $10.03 Billion | $7.63 Billion | $40.65 Billion | ▲ +18.3% |
| 1995 | 0.21x | $8.31 Billion | $6.69 Billion | $39.83 Billion | ▼ -4.0% |
| 1994 | 0.22x | $8.66 Billion | $6.94 Billion | $39.86 Billion | ▼ -26.6% |
| 1993 | 0.30x | $11.72 Billion | $6.97 Billion | $39.58 Billion | ▲ +31.2% |
| 1992 | 0.23x | $8.46 Billion | $6.88 Billion | $37.45 Billion | ▼ -1.4% |
| 1991 | 0.23x | $7.98 Billion | $6.26 Billion | $34.87 Billion | ▲ +17.6% |
| 1990 | 0.19x | $6.74 Billion | $5.38 Billion | $34.62 Billion | ▲ +15.5% |
| 1989 | 0.17x | $4.88 Billion | $3.63 Billion | $28.96 Billion | — |