Altria Group (MO) — Free Cash Flow Generation Index
Latest as of December 2025:
0.97x
Altria Group (MO) has a Free Cash Flow Generation Index of 0.97x as of December 2025. Free cash flow of $3.18 Billion represents 1% of operating cash flow ($3.27 Billion). Read Altria Group total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
0.97x
Free Cash Flow / Operating CF
Free Cash Flow
$3.18 Billion
USD
Operating Cash Flow
$3.27 Billion
USD
Capital Expenditures
$92.00 Million
USD
Altria Group Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Altria Group across 37 annual periods. Explore MO capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Altria Group (1989–2025)
Year-by-year Free Cash Flow Generation Index for Altria Group. For the full company profile including market capitalisation, see MO market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | $9.07 Billion | $9.29 Billion | $216.00 Million | ▼ -0.7% |
| 2024 | 0.98x | $8.61 Billion | $8.75 Billion | $142.00 Million | ▲ +0.5% |
| 2023 | 0.98x | $9.09 Billion | $9.29 Billion | $196.00 Million | ▲ +0.4% |
| 2022 | 0.98x | $8.05 Billion | $8.26 Billion | $205.00 Million | ▼ -0.5% |
| 2021 | 0.98x | $8.24 Billion | $8.40 Billion | $169.00 Million | ▲ +0.8% |
| 2020 | 0.97x | $8.15 Billion | $8.38 Billion | $231.00 Million | ▲ +0.4% |
| 2019 | 0.97x | $7.59 Billion | $7.84 Billion | $246.00 Million | ▼ -0.3% |
| 2018 | 0.97x | $8.15 Billion | $8.39 Billion | $238.00 Million | ▲ +1.3% |
| 2017 | 0.96x | $4.72 Billion | $4.92 Billion | $199.00 Million | ▲ +1.0% |
| 2016 | 0.95x | $3.60 Billion | $3.79 Billion | $189.00 Million | ▼ -1.1% |
| 2015 | 0.96x | $5.58 Billion | $5.81 Billion | $229.00 Million | ▼ -0.5% |
| 2014 | 0.97x | $4.50 Billion | $4.66 Billion | $163.00 Million | ▼ -0.5% |
| 2013 | 0.97x | $4.24 Billion | $4.38 Billion | $131.00 Million | ▲ +0.2% |
| 2012 | 0.97x | $3.78 Billion | $3.90 Billion | $124.00 Million | ▼ -0.3% |
| 2011 | 0.97x | $3.51 Billion | $3.61 Billion | $105.00 Million | ▲ +3.4% |
| 2010 | 0.94x | $2.60 Billion | $2.77 Billion | $168.00 Million | ▲ +2.0% |
| 2009 | 0.92x | $3.17 Billion | $3.44 Billion | $273.00 Million | ▼ -3.1% |
| 2008 | 0.95x | $4.64 Billion | $4.88 Billion | $241.00 Million | ▲ +10.7% |
| 2007 | 0.86x | $8.85 Billion | $10.30 Billion | $1.46 Billion | ▲ +4.8% |
| 2006 | 0.82x | $11.13 Billion | $13.59 Billion | $2.45 Billion | ▲ +2.4% |
| 2005 | 0.80x | $8.85 Billion | $11.06 Billion | $2.21 Billion | ▼ -2.9% |
| 2004 | 0.82x | $8.98 Billion | $10.89 Billion | $1.91 Billion | ▲ +0.8% |
| 2003 | 0.82x | $8.84 Billion | $10.82 Billion | $1.97 Billion | ▲ +0.8% |
| 2002 | 0.81x | $8.60 Billion | $10.61 Billion | $2.01 Billion | ▲ +3.4% |
| 2001 | 0.78x | $6.97 Billion | $8.89 Billion | $1.92 Billion | ▼ -7.5% |
| 2000 | 0.85x | $9.36 Billion | $11.04 Billion | $1.68 Billion | ▲ +0.2% |
| 1999 | 0.85x | $9.63 Billion | $11.38 Billion | $1.75 Billion | ▲ +9.1% |
| 1998 | 0.78x | $6.30 Billion | $8.12 Billion | $1.82 Billion | ▲ +0.1% |
| 1997 | 0.78x | $6.47 Billion | $8.34 Billion | $1.87 Billion | ▲ +13.0% |
| 1996 | 0.69x | $5.24 Billion | $7.63 Billion | $2.40 Billion | ▼ -9.5% |
| 1995 | 0.76x | $5.07 Billion | $6.69 Billion | $1.62 Billion | ▲ +0.8% |
| 1994 | 0.75x | $5.21 Billion | $6.94 Billion | $1.73 Billion | ▲ +136.4% |
| 1993 | 0.32x | $2.21 Billion | $6.97 Billion | $4.75 Billion | ▼ -58.8% |
| 1992 | 0.77x | $5.31 Billion | $6.88 Billion | $1.57 Billion | ▲ +6.5% |
| 1991 | 0.72x | $4.54 Billion | $6.26 Billion | $1.72 Billion | ▼ -3.2% |
| 1990 | 0.75x | $4.03 Billion | $5.38 Billion | $1.35 Billion | ▲ +13.9% |
| 1989 | 0.66x | $2.39 Billion | $3.63 Billion | $1.25 Billion | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).