Altria vs Philip Morris MO vs PM
Altria and Philip Morris on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
MOPM
What differs most
- Market value: Philip Morris $319.83B, Altria $125.41B.
- Free-cash-flow yield: Altria 7.2%, Philip Morris 3.3%.
- Trailing P/E: Philip Morris 29.5×, Altria 15.8×.
- Consensus revenue growth for next year: Philip Morris +7.2%, Altria −11.8%.
Price return
2025-10-16 → 2026-10-16
MO+16.9%
PM+31.6%
Profile
latestSector
Consumer Defensive
Consumer Defensive
Industry
Tobacco
Tobacco
Market value
$125.41B
$319.83B
Enterprise value
$147.62B
$362.94B
Employees
5,900
84,900
Revenue per employee (TTM)
$4.0M
$501K
Our models
nightlythe valuation on each stock's pagePrice vs model
6% overvalued vs model
19% overvalued vs model
Model range
$40.17–218
$97.05–545
Models in the headline
1
1
FCF growth priced in, at a 10% return
5.5%
19.4%
Every model, its assumptions and its range: MO valuation · PM valuation. The growth priced in, at any return: MO reverse DCF · PM reverse DCF.
Trading
close 2026-10-16Last close
$75.11
$205.20
52-week high
$75.11
$205.58
52-week low
$54.72
$144.33
Price vs 52-week high
0.0%
−0.2%
Price vs 52-week low
+37.3%
+42.2%
Average daily volume / shares
0.5%
0.3%
Beta
0.46
0.36
Returns
to 2026-10-161 month
+7.1%
+7.0%
3 months
+2.8%
+8.1%
6 months
+15.7%
+31.3%
Year to date
+30.3%
+27.9%
1 year
+16.9%
+31.6%
1 year, dividends added
+23.6%
+35.4%
2 years
+49.7%
+69.7%
Valuation
price × TTM to Jun 2026P/E (TTM)
15.8×
29.5×
P/E on consensus EPS (next FY)
13.2×
24.4×
Price / sales
5.3×
7.5×
EV / sales
6.3×
8.5×
EV / EBITDA
—
20.0×
Price / book
—
—
Price / free cash flow (FY)
13.8×
30.0×
Free-cash-flow yield (FY)
7.2%
3.3%
Growth
TTM and FY2025Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
−11.8%
+7.2%
Revenue, 3-year CAGR
−2.5%
8.6%
Revenue, 5-year CAGR
−2.3%
7.2%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
+37.8%
+15.7%
EPS, 3-year CAGR
8.9%
7.7%
Free cash flow, 3-year CAGR
4.1%
3.1%
Diluted shares, 3-year change
−6.7%
+0.4%
Profitability
TTM to Jun 2026Gross margin (FY)†
72.2%
67.1%
Operating margin
46.8%
37.7%
EBITDA margin
—
42.6%
Net margin
34.0%
25.6%
Free-cash-flow margin (FY)
39.0%
26.2%
Return on equity
—
—
Return on assets
23.9%
15.9%
Asset turnover
0.70
0.62
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
MRQ Jun 2026Cash
$2.37B
$6.00B
Total debt
$24.58B
$49.11B
Net debt
$22.21B
$43.11B
Debt / equity
—
—
Net debt / EBITDA (TTM)
—
2.4×
Interest coverage (FY)
10.2×
9.4×
Current ratio (FY)
0.61
0.96
Dividends
trailing 12 monthsDividend yield
5.7%
2.9%
Dividends per share
$4.29
$6.01
Payout ratio (of TTM EPS)
90.3%
86.5%
Dividend per share, 5-year CAGR
4.3%
4.4%
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
6
11
Insider open-market buys (Form 4)
$101K
$0
Insider sales (Form 4)
$0
$0
Analyst upgrades
0
0
Analyst downgrades
0
0
Statements
income TTM to Jun 2026 · cash flow FY2025Revenue
$23.46B
$42.55B
EBITDA
—
$18.11B
Operating income
$10.97B
$16.06B
Net income
$7.97B
$10.87B
EPS (diluted)
$4.75
$6.95
Operating cash flow
$9.29B
$12.23B
Capital expenditure
−$216.0M
−$1.57B
Free cash flow
$9.07B
$10.66B
Dividends paid
$6.96B
$8.62B
Keep comparing
Statements from the companies' SEC filings; prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.