Is it safe?
Can MO take a bad year?
Altria carries $22.2B of net debt at 1.99× EBITDA: a load its earnings can carry.
$22.2B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.99×
Net debt / EBITDA · 2.08× a year ago · the load is coming down
- Altman Z-score
- 4.79
Altman Z-score · safe zone, above 3
- Annualised volatility
- 23%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $24.6B
- Cash and short-term investments
- $2.37B
- Net debt
- $22.2B
- EBITDA, trailing twelve months
- $11.1B
- Operating profit, trailing twelve months
- $11.0B
- Total debt / EBITDA
- 2.21×
- Annualised volatilitytwo years of daily moves
- 23%
- Worst drawdown on file
- −54%
- Below its 52-week high
- −7.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Consumer Defensive
Ranks #27 of 106 by Smart Score