Altria Group, Inc. Financial Ratios — MO Stock

Profitability	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Return on Common Equity (%)	16.3	13.86	16.8	17.66	19.02	18.92	43.13	25.23	15.81	-3.14	12.22	7.36	18.5	25.91	32.9
Return on Assets (%)	10.54	9.14	11.6	12.92	14.62	15.9	36.8	22.94	14.11	-2.47	9.24	5.69	15.07	21.53	30.55
Return on Capital (%)	12.97	11.03	12.69	13.1	13.57	13.92	31.76	- -	11.71	-5.18	8.06	5.2	11.35	15.52	20.36
Return on Invested Capital (%)	25.13	21.7	27.27	29.64	27.35	32.49	27.41	- -	20.3	-47.44	21.05	25.42	37.8	37.76	42.18
Gross Margin (%)	54.39	53.79	54.65	59.2	56.62	58.95	59.84	61.37	62.43	64.21	62.49	66.28	68.86	69.67	70.27
EBITDA Margin (%)	38.72	39.37	43.08	47.03	43.62	45.56	47.13	50.45	49.55	54.11	53.4	55.91	58.71	57.65	58.29
Operating Margin (%)	37.08	37.85	41.79	45.83	42.46	44.37	46.08	49.37	48.39	52.97	52.17	54.76	57.61	56.32	56.89
Incremental Operating Margin (%)	430.88	-9.52	116.23	479.14	-168.79	82.07	112.84	455.41	-95.49	584.02	37.13	254.44	-84.87	200	-143.1
Pretax Margin (%)	33.88	33.59	37.01	39.3	43.32	42.85	113.01	50.42	47.59	3.87	33.06	18.11	35.72	53.3	66.81
Profit Margin (%)	23.12	20.4	23.89	25.68	28.25	27.8	73.64	52.44	35.48	-6.53	21.43	11.72	27.86	39.65	55.1
Net Income to Common Margin (%)	23.12	20.4	23.89	25.68	28.25	27.8	73.64	52.44	35.48	-6.53	21.43	11.72	27.86	39.65	55.1
Effective Tax Rate (%)	31.73	39.22	35.42	34.67	34.78	35.1	34.82	- -	25.41	269.45	35.36	35.28	21.99	25.6	17.53
Dvd Payout Ratio (%)	75.67	94.88	81.22	79.65	76.77	79.68	31.67	46.98	77.68	-465.77	141.63	260.44	114.49	83.38	60.77
Sustainable Growth Rate (%)	3.96	0.71	3.15	3.59	4.42	3.85	29.47	13.38	3.53	-17.76	-5.09	-11.82	-2.68	4.31	12.91

Credit	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Debt	12,194	13,689	13,878	14,517	14,693	12,847	13,881	13,894	25,746	28,042	29,471	28,044	26,680	26,233	24,926
LT Debt	12,194	13,089	12,419	13,992	13,693	12,843	13,881	13,030	11,898	27,042	27,971	26,939	25,124	25,112	23,399
ST Debt	- -	600	1,459	525	1,000	4	- -	864	13,848	1,000	1,500	1,105	1,556	1,121	1,527
Total Debt/EBITDA	1.86	2.09	1.84	1.75	1.88	1.5	1.52	1.41	2.65	2.62	2.65	2.38	2.2	2.22	2.09
Net Debt/EBITDA	1.51	1.59	1.46	1.37	1.45	1.22	1.02	1.29	2.51	2.42	2.2	1.99	1.86	1.91	1.83
Total Debt/EBIT	1.95	2.18	1.9	1.79	1.93	1.54	1.56	1.44	2.71	2.67	2.71	2.43	2.24	2.27	2.14
Net Debt/EBIT	1.58	1.66	1.5	1.4	1.49	1.25	1.05	1.31	2.57	2.47	2.26	2.03	1.9	1.95	1.87
EBITDA to Interest Expense	5.76	5.36	6.68	7.89	9.66	10.46	11.99	13.36	13.95	8.1	9.1	9.94	10.77	10.29	10.6
EBITDA-CapEx/Interest Expense	5.76	5.36	6.68	7.89	9.66	10.46	11.99	13.36	13.95	8.1	9.1	9.94	10.77	10.29	10.6
EBIT to Interest Expense	5.51	5.16	6.48	7.69	9.41	10.19	11.72	13.08	13.63	7.93	8.89	9.73	10.57	10.05	10.35
Interest Expense	1,136	1,220	1,128	1,053	810	821	760	736	697	1,322	1,223	1,188	1,128	1,149	1,124
Common Equity/Total Assets	65.22	66.71	71.47	74.88	78.93	89.62	82.38	99.96	80.96	76.06	75.11	79.95	83.15	83.04	103.62
Long-Term Debt/Equity (%)	233.29	355.39	391.77	339.78	454.92	447.02	108.67	84.72	80.45	427.95	943.37	- -	- -	- -	- -
Long-Term Debt/Capital (%)	33.3	34.26	31.74	34.45	32.68	31.3	26.84	22.83	16.84	41.21	42.89	45.17	43.73	43.06	38.09
Long-Term Debt/Total Assets (%)	32.6	35.62	35.15	40.14	39.72	40.82	30.22	30.16	21.45	54.88	58.99	68.16	67.99	65.11	66.52
Total Debt/Equity (%)	233.29	371.68	437.79	352.53	488.14	447.16	108.67	90.34	174.09	443.77	993.96	-1,746.2	-680.09	-751.66	-1,139.21
Total Debt/Capital (%)	33.3	35.83	35.47	35.74	35.07	31.31	26.84	24.34	36.44	42.74	45.19	47.02	46.43	44.99	40.58
Total Debt/Total Assets (%)	32.6	37.25	39.28	41.64	42.62	40.84	30.22	32.16	46.42	56.91	62.16	70.96	72.2	68.01	70.86
Net Debt to Equity	189.02	282.89	346.31	275.42	377.81	364.71	72.9	82.19	165.08	410.27	827.18	-1,463.26	-577.36	-646.05	-996.3
Net Debt/Capital (%)	28.8	29.82	30.3	30.29	29.48	27.1	19.75	22.64	35.22	40.83	40.7	42.65	42.39	41.28	37.39
EBITDA	6,540	6,543	7,539	8,307	7,827	8,590	9,114	9,834	9,725	10,711	11,130	11,804	12,145	11,819	11,916
EBITDA-CapEx	6,540	6,543	7,539	8,307	7,827	8,590	9,114	9,834	9,725	10,711	11,130	11,804	12,145	11,819	11,916
Operating Income (Loss)	6,264	6,290	7,314	8,095	7,619	8,365	8,910	9,625	9,498	10,485	10,873	11,560	11,919	11,547	11,630

Liquidity	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Cash Ratio	0.34	0.44	0.35	0.45	0.43	0.34	0.62	0.18	0.06	0.26	0.55	0.53	0.47	0.33	0.36
Current Ratio	0.87	0.93	0.76	0.93	0.9	0.69	0.98	0.64	0.2	0.59	0.79	0.71	0.84	0.49	0.51
Quick Ratio	0.35	0.48	0.37	0.47	0.45	0.35	0.68	0.27	0.08	0.28	0.56	0.54	0.69	0.38	0.39
CFO/Avg Current Liab	0.37	0.5	0.5	0.57	0.63	0.79	0.53	0.69	0.6	0.53	0.97	0.95	0.96	0.93	0.87
Common Equity/Total Assets	65.22	66.71	71.47	74.88	78.93	89.62	82.38	99.96	80.96	76.06	75.11	79.95	83.15	83.04	103.62
Long-Term Debt/Equity (%)	233.29	355.39	391.77	339.78	454.92	447.02	108.67	84.72	80.45	427.95	943.37	- -	- -	- -	- -
Long-Term Debt/Capital (%)	33.3	34.26	31.74	34.45	32.68	31.3	26.84	22.83	16.84	41.21	42.89	45.17	43.73	43.06	38.09
Long-Term Debt/Total Assets (%)	32.6	35.62	35.15	40.14	39.72	40.82	30.22	30.16	21.45	54.88	58.99	68.16	67.99	65.11	66.52
Total Debt/Equity (%)	233.29	371.68	437.79	352.53	488.14	447.16	108.67	90.34	174.09	443.77	993.96	-1,746.2	-680.09	-751.66	-1,139.21
Total Debt/Capital (%)	33.3	35.83	35.47	35.74	35.07	31.31	26.84	24.34	36.44	42.74	45.19	47.02	46.43	44.99	40.58
Total Debt/Total Assets (%)	32.6	37.25	39.28	41.64	42.62	40.84	30.22	32.16	46.42	56.91	62.16	70.96	72.2	68.01	70.86
CFO/Total Liabilities	8.6	10.83	12.08	14.23	14.82	20.44	11.54	17.62	20.63	18.25	18.86	20.44	20.2	22.08	23.43
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	3.86	4.09	4.62	5.24	5.58	7.12	4.87	5.96	3.28	4.1	4.22	5.5	6.18	6.2	8.22

Working Capital	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Accounts Receivable Turnover	186.65	94.16	75.92	114.69	150.17	152.05	140.63	133.06	138.22	134.67	144.23	308.19	24.04	22.88	164.87
Days Sales Outstanding	1.96	3.88	4.81	3.18	2.43	2.4	2.6	2.74	2.64	2.71	2.53	1.18	15.18	15.95	2.21
Inventory Turnover	4.26	4.29	4.5	3.98	3.97	3.8	3.8	3.52	3.24	3.06	3.67	4.51	5.43	5.19	5.3
Days Inventory Outstanding	85.59	85.12	81.05	91.81	91.87	95.99	95.94	103.62	112.77	119.11	99.42	81.01	67.25	70.29	68.92
Accounts Payable Turnover	15.05	14.84	16.57	17.07	19.26	18.95	18.87	19.29	19.35	19.47	21.25	15.31	12.84	11.03	9.27
Accounts Payable Turnover Days	24.26	24.6	22.03	21.39	18.95	19.26	19.34	18.93	18.86	18.75	17.18	23.84	28.42	33.1	39.37
Cash Conversion Cycle	63.29	64.4	63.83	73.6	75.35	79.13	79.19	87.44	96.55	103.07	84.78	58.36	54.02	53.15	31.76
Inventory to Cash Days	-83.63	-81.24	-76.24	-88.62	-89.44	-93.59	-93.34	-100.88	-110.13	-116.4	-96.89	-79.82	-52.07	-54.34	-66.71
Inventories	1,803	1,779	1,746	1,879	2,040	2,031	2,051	2,225	2,331	2,293	1,966	1,194	1,180	1,215	1,080
Raw Materials	1,120	1,104	1,049	1,113	1,191	1,138	1,056	1,111	1,126	1,066	1,044	910	890	853	781
Work In Process	299	316	349	394	429	444	512	560	647	696	502	23	24	22	21
Finished Goods	384	359	348	372	420	449	483	554	558	531	420	261	266	340	278
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Market Capitalization	21,892	27,781	30,421	38,534	51,239	62,752	75,230	81,028	57,988	61,957	55,307	68,191	69,598	65,513	89,834
- Cash & Cash Equivalents	2,314	3,270	2,900	3,175	3,321	2,369	4,569	1,253	1,333	2,117	4,945	4,544	4,030	3,686	3,127
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	35	3	2	-1	-4	-7	3	3	2	97	126	- -	50	50	50
+ Total Debt	12,194	13,689	13,878	14,517	14,693	12,847	13,881	13,894	25,746	28,042	29,471	28,044	26,680	26,233	24,926
Enterprise Value	31,807	38,203	41,401	49,875	62,607	73,223	84,545	93,672	82,403	87,979	79,959	91,691	92,298	88,110	111,683
Total Capital	36,623	38,210	39,131	40,619	41,901	41,032	51,725	57,083	70,645	65,613	65,211	59,643	57,457	58,312	61,427
Total Debt/Capital (%)	33.3	35.83	35.47	35.74	35.07	31.31	26.84	24.34	36.44	42.74	45.19	47.02	46.43	44.99	40.58
Total Debt / EV	0.38	0.36	0.34	0.29	0.23	0.18	0.16	0.15	0.31	0.32	0.37	0.31	0.29	0.3	0.22
EV/Sales	1.88	2.3	2.37	2.82	3.49	3.88	4.37	4.81	4.2	4.44	3.84	4.34	4.46	4.3	5.46
EV/EBITDA	4.86	5.84	5.49	6	8	8.52	9.28	9.53	8.47	8.21	7.18	7.77	7.6	7.45	9.37
EV/EBIT	5.08	6.07	5.66	6.16	8.22	8.75	9.49	9.73	8.68	8.39	7.35	7.93	7.74	7.63	9.6
EV/Cash Flow to Firm	8.98	8.84	8.97	9.85	12.06	11.48	19.56	16.53	9.25	15.72	8.71	9.99	10.1	8.69	11.54
EV/Free Cash Flow to Firm	8.98	8.84	8.97	9.85	12.06	11.48	19.56	16.53	9.25	15.72	8.71	9.99	10.1	8.69	11.54
Diluted Market Cap	21,913	27,781	30,421	38,534	51,239	62,752	75,230	81,028	58,018	61,957	55,307	68,191	69,598	66,016	89,834
Diluted Enterprise Value	31,828	38,203	41,401	49,875	62,607	73,223	84,545	93,672	82,433	87,979	79,959	91,691	92,298	88,613	111,683
EV per Share	15.31	18.51	20.45	25.02	31.76	37.34	43.31	48.76	43.67	47.07	43.03	49.7	51.16	49.96	65.01
TTM Sales	16,892	16,619	17,500	17,663	17,945	18,854	19,337	19,494	19,627	19,796	20,841	21,111	20,688	20,502	20,444
TTM EBITDA	6,540	6,543	7,539	8,307	7,827	8,590	9,114	9,834	9,725	10,711	11,130	11,804	12,145	11,819	11,916
TTM Operating Income	6,264	6,290	7,314	8,095	7,619	8,365	8,910	9,625	9,498	10,485	10,873	11,560	11,919	11,547	11,630
TTM Cash Flow to Firm	3,543	4,323	4,613	5,063	5,191	6,376	4,321	5,667	8,911	5,597	9,176	9,174	9,136	10,142	9,680
TTM Free Cash Flow to Firm	3,543	4,323	4,613	5,063	5,191	6,376	4,321	5,667	8,911	5,597	9,176	9,174	9,136	10,142	9,680

Multiples	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Price/Earnings	5.61	8.2	7.28	8.5	10.11	11.97	5.28	7.93	8.33	- -	12.38	27.55	12.07	8.06	7.98
Price/Earnings Average	4.85	7.09	7.26	7.63	8.43	10.83	4.89	7.58	9.83	-45.31	11.86	26.22	12.04	8.37	6.93
Price/Earnings High	13.95	18.51	17.57	16.96	20.09	23.1	9.62	14.62	19.47	-83.66	21.54	39.2	17.86	10.44	8.85
Price/Earnings Low	10.18	14.13	13.56	14	13.14	17.7	7.7	11.28	12.6	-56.81	12.88	29.82	12.63	8.47	5.99
Price/Book Value	0.9	1.13	1.2	1.48	1.88	2.23	1.99	1.88	1.29	1.65	1.55	2.16	2.27	2.05	2.46
Price/Book Value Average	0.78	0.98	1.2	1.33	1.57	2.01	1.84	1.79	1.52	1.56	1.49	2.05	2.26	2.13	2.14
Price/Book Value High	2.23	2.56	2.91	2.95	3.74	4.29	3.62	3.46	3.02	2.89	2.7	3.07	3.35	2.65	2.74
Price/Book Value Low	1.63	1.95	2.24	2.43	2.45	3.29	2.9	2.67	1.95	1.96	1.62	2.34	2.37	2.15	1.85
Price/Tangible Book Value	-1.81	-2.04	-2.16	-2.94	-3.58	-4.35	-16.54	-34.82	-21.59	-5.37	-3.73	-3.57	-3.24	-2.73	-4.06
Price/Tangible Book Value Average	-1.57	-1.77	-2.16	-2.64	-2.98	-3.93	-15.31	-33.3	-25.47	-5.07	-3.57	-3.4	-3.23	-2.84	-3.53
Price/Tangible Book Value High	-4.51	-4.62	-5.22	-5.86	-7.11	-8.38	-30.11	-64.22	-50.48	-9.37	-6.49	-5.08	-4.79	-3.54	-4.51
Price/Tangible Book Value Low	-3.29	-3.52	-4.02	-4.84	-4.65	-6.42	-24.1	-49.54	-32.66	-6.36	-3.88	-3.87	-3.39	-2.87	-3.05
Price/Sales	1.3	1.67	1.74	2.18	2.86	3.33	3.89	4.16	2.95	3.13	2.65	3.23	3.36	3.2	4.39
Price/Sales Average	1.12	1.45	1.73	1.96	2.38	3.01	3.6	3.98	3.49	2.96	2.54	3.07	3.35	3.32	3.82
Price/Sales High	3.22	3.78	4.2	4.35	5.68	6.42	7.08	7.67	6.91	5.46	4.62	4.6	4.97	4.14	4.88
Price/Sales Low	2.35	2.88	3.24	3.59	3.71	4.92	5.67	5.91	4.47	3.71	2.76	3.5	3.52	3.36	3.3
Price/Cash Flow	7.91	7.76	7.83	8.81	10.99	10.74	19.66	16.53	6.91	7.91	6.6	8.11	8.43	7.05	10.26
Price/Cash Flow Average	6.85	6.71	7.81	7.91	9.17	9.71	18.2	15.81	8.15	7.47	6.32	7.72	8.41	7.33	8.91
Price/Cash Flow High	19.68	17.52	18.91	17.58	21.85	20.72	35.79	30.49	16.16	13.8	11.48	11.54	12.47	9.14	11.39
Price/Cash Flow Low	14.37	13.37	14.59	14.51	14.29	15.88	28.65	23.52	10.45	9.37	6.86	8.78	8.82	7.42	7.7
Price/Free Cash Flow	7.92	7.76	7.83	8.81	10.99	10.74	19.66	16.53	6.91	7.91	6.6	8.11	8.43	7.11	10.26
Price/Free Cash Flow Average	6.85	6.71	7.81	7.91	9.17	9.71	18.2	15.81	8.16	7.47	6.32	7.72	8.41	7.39	8.91
Price/Free Cash Flow High	19.7	17.52	18.91	17.58	21.85	20.72	35.79	30.49	16.17	13.8	11.48	11.54	12.47	9.21	11.39
Price/Free Cash Flow Low	14.38	13.37	14.59	14.51	14.29	15.88	28.65	23.52	10.46	9.37	6.86	8.78	8.82	7.48	7.7
EV/Sales	1.88	2.3	2.37	2.82	3.49	3.88	4.37	4.81	4.2	4.44	3.84	4.34	4.46	4.3	5.46
EV/Sales Average	1.71	2.07	2.36	2.6	3.02	3.56	4.08	4.62	4.73	4.27	3.72	4.19	4.45	4.42	4.89
EV/Sales High	3.81	4.4	4.82	5	6.31	6.98	7.56	8.31	8.15	6.78	5.8	5.71	6.07	5.24	5.95
EV/Sales Low	2.94	3.51	3.87	4.24	4.35	5.48	6.15	6.56	5.71	5.02	3.94	4.61	4.62	4.46	4.37
EV/EBITDA	4.86	5.84	5.49	6	8	8.52	9.28	9.53	8.47	8.21	7.18	7.77	7.6	7.45	9.37
EV/EBITDA Average	4.41	5.27	5.48	5.53	6.91	7.82	8.66	9.17	9.55	7.9	6.97	7.49	7.58	7.67	8.38
EV/EBITDA High	9.84	11.18	11.2	10.62	14.47	15.31	16.05	16.48	16.45	12.53	10.86	10.21	10.34	9.09	10.2
EV/EBITDA Low	7.59	8.91	8.97	9.01	9.97	12.02	13.05	13.01	11.53	9.29	7.38	8.24	7.86	7.74	7.49
EV/EBIT	5.08	6.07	5.66	6.16	8.22	8.75	9.49	9.73	8.68	8.39	7.35	7.93	7.74	7.63	9.6
EV/EBIT Average	4.61	5.48	5.65	5.67	7.1	8.03	8.86	9.36	9.77	8.07	7.14	7.65	7.73	7.85	8.59
EV/EBIT High	10.28	11.63	11.54	10.9	14.86	15.73	16.41	16.84	16.85	12.8	11.12	10.43	10.54	9.3	10.45
EV/EBIT Low	7.93	9.27	9.25	9.24	10.24	12.34	13.35	13.29	11.81	9.49	7.56	8.42	8.01	7.92	7.68
Last Price	10.54	13.46	15.03	19.33	25.99	32	38.54	42.18	30.73	33.15	29.76	36.96	38.58	37.15	52.29
High Price	26.22	30.4	36.29	38.58	51.67	61.74	70.15	77.79	71.86	57.88	51.78	52.59	57.05	48.11	58.04
Low Price	19.14	23.2	28	31.85	33.8	47.31	56.15	60.01	46.49	39.3	30.95	40	40.35	39.07	39.25
Enterprise Value	31,807	38,203	41,401	49,875	62,607	73,223	84,545	93,672	82,403	87,979	79,959	91,691	92,298	88,110	111,683
Enterprise Value Average	28,863	34,461	41,327	45,938	54,107	67,205	78,934	90,138	92,837	84,602	77,625	88,383	92,093	90,666	99,875
Enterprise Value High	64,374	73,168	84,431	88,249	113,234	131,543	146,248	162,079	160,015	134,200	120,881	120,529	125,618	107,437	121,562
Enterprise Value Low	49,669	58,307	67,652	74,833	78,004	103,246	118,920	127,923	112,142	99,474	82,170	97,300	95,491	91,495	89,280

Per Share Data Items	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Shares Outstanding	2,089	2,044	2,010	1,993	1,971	1,960	1,942	1,901	1,874	1,858	1,858	1,823	1,786	1,763	1,691
Diluted Weighted Avg Shares	2,079	2,064	2,024	1,993	1,971	1,961	1,952	1,921	1,888	1,869	1,858	1,845	1,804	1,777	1,718
Basic Weighted Avg Shares	2,077	2,064	2,024	1,993	1,971	1,961	1,952	1,921	1,887	1,869	1,858	1,845	1,804	1,763	1,718
Revenue per Share	8.13	8.05	8.65	8.86	9.1	9.61	9.91	10.15	10.4	10.59	11.21	11.44	11.47	11.63	11.9
EBITDA per Share	3.15	3.17	3.72	4.17	3.97	4.38	4.67	5.12	5.15	5.73	5.99	6.4	6.73	6.7	6.94
Operating Income per Share	3.02	3.05	3.61	4.06	3.86	4.27	4.56	5.01	5.03	5.61	5.85	6.27	6.61	6.55	6.77
Basic EPS, GAAP	1.88	1.64	2.07	2.27	2.57	2.67	7.29	5.32	3.69	-0.69	2.4	1.34	3.2	4.61	6.56
Basic EPS from Cont Ops	1.88	1.64	2.07	2.27	2.57	2.67	7.3	5.32	3.69	-0.69	2.4	1.34	3.2	4.61	6.56
Diluted EPS, GAAP	1.88	1.64	2.07	2.27	2.57	2.67	7.29	5.32	3.69	-0.69	2.4	1.34	3.2	4.58	6.56
Diluted EPS from Cont Ops	1.88	1.64	2.07	2.27	2.57	2.67	7.3	5.32	3.69	-0.69	2.4	1.34	3.2	4.58	6.56
Dividend per Share	1.42	1.56	1.68	1.81	1.97	2.13	2.31	2.5	2.87	3.25	3.38	3.49	3.66	3.84	3.98
Cash Flow per Share	1.33	1.73	1.92	2.19	2.37	2.98	1.96	2.55	4.45	4.19	4.51	4.56	4.58	5.27	5.09
Free Cash Flow per Basic Share	1.33	1.73	1.92	2.19	2.37	2.98	1.96	2.55	4.45	4.19	4.51	4.56	4.58	5.27	5.09
Cash & Equivalents per Share	1.11	1.58	1.43	1.59	1.68	1.21	2.34	0.65	0.71	1.13	2.66	2.46	2.23	2.09	1.82
Book Value per Share	11.74	11.88	12.48	13.09	13.8	14.38	19.39	22.48	23.79	20.05	19.16	17.13	17.03	18.16	21.22
Tangible Book Value per Share	-5.81	-6.58	-6.96	-6.58	-7.27	-7.36	-2.33	-1.21	-1.42	-6.18	-7.98	-10.35	-11.91	-13.59	-12.87

Altria Group, Inc.

Profitability

Credit

Liquidity

Working Capital

Enterprise Value

Multiples

Per Share Data Items