MO · 10-Q · 2026Q2 · Full report
Capital Expenditure Outlook
ALTRIA GROUP, INC. · 2026-07-30 · Importance 73 · Surprise 66 · In source text
Altria raised its 2026 capital expenditure forecast to $375 million–$450 million from the prior range of $300 million–$375 million. The increase is primarily driven by investments supporting the USSTC Facilities Consolidation. Capital expenditures are expected to be funded from operating cash flows, while first-half 2026 investing cash use increased to $166 million from $79 million in the prior-year period, primarily due to investments in manufacturing capabilities and innovative products.
Key facts
- Capital expenditures for 2026 are expected to be in the range of $375 million to $450 million, up from the previous range of $300 million to $375 million, primarily driven by investments to support the USSTC Facilities Consolidation. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -1.1% | Capital expenditures for 2026 are expected to be in the range of $375 million to $450 million, up from the previous range of $300 million… |
| assets | positive | committed | +1.1% | Capital expenditures for 2026 are expected to be in the range of $375 million to $450 million, up from the previous range of $300 million… |