Buyback yield (TTM)
0.86%
Shareholder yield (TTM)
7.21%
5Y share count change
-9.8%
Buyback spend (TTM)
$954.00M
Cumulative buybacks
$54.43B
Key takeaways
- Altria Group (MO) repurchased about $954.00M of stock over the trailing twelve months.
- Diluted share count is down 9.8% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM repurchases used about 59% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Altria Group (MO)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Altria Group (MO)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Altria Group (MO)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Altria Group (MO)
Latest: $1.00B
Overview
The 2025 reading of Altria Group (MO) buyback spend is $1.00B – plunged 70.6% year-over-year.
Through 2015–2025 (10 years), Altria Group buyback spend delivered a +6.1% annualised rate; with mixed annual results across the window.
Altria Group buyback spend plunged from $6.39B in 2002 to $1.00B in 2025, a 84.4% drawdown.
Across the available history, buyback spend reached its high of $6.39B in 2002 and its low of $0.00 in 1989.
Altria Group Buyback Spend 2025: $1.00B
2025's buyback spend for Altria Group came in at $1.00B, plunged 70.6% below 2024.
Altria Group Buyback Spend 2024: $3.40B
Altria Group posted buyback spend of $3.40B in 2024, surged 240.0% from 2023.
Altria Group Buyback Spend 2023: $1.00B
In 2023, Altria Group reported buyback spend of $1.00B, plunged 45.2% below 2022.
Altria Group Buyback Spend 2022: $1.82B
Altria Group buyback spend in 2022 was $1.82B, grew 9.0% from 2021.
Altria Group Buyback Spend 2021: $1.68B
Altria Group buyback spend in 2021 was $1.68B.
See more financial history for Altria Group (MO).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.00B | $0.00 | $1.00B | 1.03% | 1.68B | -2.4% | |
| 2024 | $3.40B | $0.00 | $3.40B | 3.85% | 1.72B | -3.3% | |
| 2023 | $1.00B | $58.00M | $942.00M | 1.40% | 1.78B | -1.5% | |
| 2022 | $1.82B | $50.00M | $1.77B | 2.24% | 1.80B | -2.2% | |
| 2021 | $1.68B | $40.00M | $1.64B | 1.94% | 1.84B | -0.8% | |
| 2020 | $0.00 | $35.00M | −$35.00M | — | 1.86B | -0.5% | |
| 2019 | $845.00M | $32.00M | $813.00M | 0.91% | 1.87B | -1.0% | |
| 2018 | $1.67B | $46.00M | $1.63B | 1.82% | 1.89B | -1.7% | |
| 2017 | $2.92B | $55.00M | $2.86B | 2.16% | 1.92B | -1.6% | |
| 2016 | $1.03B | $44.00M | $986.00M | 0.79% | 1.95B | -0.6% | |
| 2015 | $554.00M | $51.00M | $503.00M | 0.49% | 1.96B | -0.9% | |
| 2014 | $939.00M | $46.00M | $893.00M | 0.97% | 1.98B | -1.3% | |
| 2013 | $634.00M | $49.00M | $585.00M | 0.81% | 2.01B | -1.1% | |
| 2012 | $1.08B | $46.00M | $1.04B | 1.72% | 2.03B | -1.7% | |
| 2011 | $1.33B | $0.00 | $1.33B | 2.20% | 2.06B | -0.7% | |
| 2010 | $0.00 | $0.00 | $0.00 | — | 2.08B | +0.4% | |
| 2009 | $0.00 | $0.00 | $0.00 | — | 2.07B | -0.9% | |
| 2008 | $1.17B | $0.00 | $1.17B | 3.76% | 2.09B | -1.3% | |
| 2007 | $0.00 | $0.00 | $0.00 | — | 2.12B | +0.5% | |
| 2006 | $1.25B | $0.00 | $1.25B | 0.70% | 2.10B | +0.7% | |
| 2005 | $1.18B | $0.00 | $1.18B | 0.76% | 2.09B | +1.3% | |
| 2004 | $688.00M | $0.00 | $688.00M | 0.55% | 2.06B | +1.2% | |
| 2003 | $1.15B | $0.00 | $1.15B | 1.04% | 2.04B | -4.3% | |
| 2002 | $6.39B | $0.00 | $6.39B | 7.79% | 2.13B | -3.7% | |
| 2001 | $3.96B | $0.00 | $3.96B | 4.02% | 2.21B | -3.1% | |
| 2000 | $3.60B | $0.00 | $3.60B | — | 2.28B | -5.2% | |
| 1999 | $3.33B | $0.00 | $3.33B | — | 2.41B | -1.5% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 2.44B | -0.0% | |
| 1997 | $805.00M | $0.00 | $805.00M | — | 2.44B | -0.8% | |
| 1996 | $2.77B | $0.00 | $2.77B | — | 2.46B | — | |
| 1995 | $2.12B | $0.00 | $2.12B | — | — | — | |
| 1994 | $1.53B | $0.00 | $1.53B | — | — | — | |
| 1993 | $1.22B | $0.00 | $1.22B | — | — | — | |
| 1992 | $2.45B | $0.00 | $2.45B | — | — | — | |
| 1991 | $703.00M | $0.00 | $703.00M | — | — | — | |
| 1990 | $221.00M | $0.00 | $221.00M | — | — | — | |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$1.00B
- 2024$3.40B
- 2023$1.00B
- 2022$1.82B
- 2021$1.68B
- 2020$0.00
- 2019$845.00M
- 2018$1.67B
- 2017$2.92B
- 2016$1.03B
- 2015$554.00M
- 2014$939.00M
- 2013$634.00M
- 2012$1.08B
- 2011$1.33B
- 2010$0.00
- 2009$0.00
- 2008$1.17B
- 2007$0.00
- 2006$1.25B
- 2005$1.18B
- 2004$688.00M
- 2003$1.15B
- 2002$6.39B
- 2001$3.96B
- 2000$3.60B
- 1999$3.33B
- 1998$0.00
- 1997$805.00M
- 1996$2.77B
- 1995$2.12B
- 1994$1.53B
- 1993$1.22B
- 1992$2.45B
- 1991$703.00M
- 1990$221.00M
- 1989$0.00
Buybacks vs stock-based compensation for Altria Group (MO)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Altria Group (MO)
How Altria Group splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Altria Group, ranked by their latest buyback spend.
| $8.09B | |
| $6.50B | |
| $2.38B | |
| $1.00B | |
| $903.00M | |
| $746.00M | |
| $103.65M | |
| $0.00 |
- $8.09B
- $6.50B
- $1.00B
- $903.00M
- $746.00M
- $103.65M
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.61B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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