Altria reported third-quarter adjusted diluted EPS growth of 4.8%, raised full-year guidance to $5.66 to $5.74, authorized a $1 billion share repurchase expansion, and expanded plus 12 milligram nicotine pouches nationally while adding flavor extensions.
MO · Altria Group, Inc.
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Altria Group, Inc. established an automatic shelf registration allowing sales from time to time of debt securities and debt warrants in an unlimited amount; Philip Morris USA Inc. may guarantee the debt securities.
For the nine months ended September 30, 2026, Altria reported net earnings attributable to Altria of $6,999 million and diluted EPS of $4.18, increases of 20.1% and 21.2%, respectively.
Altria Group, Inc. raised 2026 full-year adjusted diluted EPS guidance to $5.66 to $5.74, representing growth of 4.5% to 6.0% from $5.42 in 2025. Third-quarter adjusted diluted EPS rose 4.8% to $1.52, and the Board expanded repurchases by $1 billion.
Altria Group, Inc. extended its $3.0 billion senior unsecured 5-year revolving credit agreement, effective October 7, 2026, moving expiration from October 24, 2029 to October 24, 2030; all other terms remain in force.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Oct 29, 2026TL;DR. Altria delivered adjusted EPS growth of 4.8% in Q3, raised full-year adjusted diluted EPS guidance to $5.66-$5.74, expanded smokeable income and margins, grew on! volumes, and returned substantial cash to shareholders. Pressures included weaker cigarette volumes and Marlboro share, oral-tobacco earnings and margin contraction, on! nicotine-pouch share weakness, regulatory and litigation risks, and NJOY ACE remaining absent from the marketplace in 2026.
- + Q3 adjusted diluted EPS rose 4.8% to $1.52, and full-year adjusted diluted EPS guidance was raised to $5.66-$5.74.
- + Smokeable-products adjusted OCI grew 3.9% in Q3 and 4.1% in the first nine months, while adjusted margins expanded.
- + Altria returned over $6 billion to shareholders in the first nine months, increased its quarterly dividend by 4.7%, and expanded its repurchase authorization by $1 billion.
- + ABI adjusted equity earnings increased 21.7% to $191 million in Q3 and helped drive adjusted EPS growth.
- + The FDA plans to evaluate changes to the PMTA framework and pursue new rulemaking.
- − on! nicotine-pouch retail share fell 1.3 share points year over year and 0.9 points sequentially in Q3.
- − FDA guidance can change, and Helix and Enjoy filed legal action concerning product authorizations.
- − Altria recorded $120 million of pre-tax tobacco and health and other litigation charges in the first nine months.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| 2026 Adjusted Diluted EPS non-GAAP | $1.48 | For the three months ended June 30, 2026 filing | — |
| 2026 Adjusted Net Earnings non-GAAP | $2.48B | For the three months ended June 30, 2026 filing | — |
| Adjusted OCI non-GAAP | $896M | Six Months Ended June 30, 2026 | — |
| Adjusted OCI margin non-GAAP | 66.7% | the three months ended June 30, 2026 filing | — |
| Copenhagen retail share | 13.4% | Six Months Ended June 30, 2026 | — |
| Copenhagen shipment volume | 165.8M | Six Months Ended June 30, 2026 | — |
| on! retail share | 8.2% | Six Months Ended June 30, 2026 | — |
| on! shipment volume | 96.1M | Six Months Ended June 30, 2026 | — |
| Other oral tobacco shipment volume | 16.9M | the three months ended June 30, 2026 filing | — |
| Other retail share | 2.2% | the three months ended June 30, 2026 filing | — |
| Skoal retail share | 5.2% | Six Months Ended June 30, 2026 | — |
| Skoal shipment volume | 57.4M | Six Months Ended June 30, 2026 | — |
| Total cigars shipment volume | 907M | Six Months Ended June 30, 2026 | — |
| Total domestic cigarettes shipment volume | 29.42B | Six Months Ended June 30, 2026 | — |
| Total domestic smokeable products shipment volume | 30.33B | Six Months Ended June 30, 2026 | — |
| Total oral tobacco products retail share | 29% | Six Months Ended June 30, 2026 | — |
| Total oral tobacco products shipment volume | 351.6M | Six Months Ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Tobacco — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
MO
this stock
Altria Group, Inc.
|
$129.76B | +34.5% | -3.1% | 16.1 | 2.4% |
|
PM
Philip Morris International Inc.
|
$321.15B | +25.6% | +7.3% | 30.1 | 1.1% |
|
BTI
British American Tobacco p.l.c.
|
$135.30B | +11.4% | — | — | 0.1% |
|
RLX
RLX Technology Inc.
|
$1.98B | -30.5% | +50.3% | — | 0.7% |
|
TPB
Turning Point Brands, Inc.
|
$1.35B | -37.8% | +28.4% | 21.7 | 16.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Oct 29, 2026
- This year
- 19
Altria Group, Inc. raised 2026 full-year adjusted diluted EPS guidance to $5.66 to $5.74, representing growth of 4.5% to 6.0% from $5.42 in 2025. Third-quarter adjusted diluted EPS rose 4.8% to $1.52, and the Board expanded repurchases by $1 billion.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MO | +1.1% | +8.6% | +6.1% | -0.6% | +34.6% |
| SPY | -4.7% | -5.3% | -0.8% | -3.0% | +7.5% |
| vs SPY | +5.8% | +13.9% | +7.0% | +2.4% | +27.1% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.