MO · Earnings call · 2026Q3T · Full report

Balance Sheet and Liquidity

ALTRIA GROUP, INC. · 2026-10-29 · Importance 13 · Surprise 6

Altria reported a debt-to-EBITDA ratio of 1.9x as of September 30, 2026. Management said this was in line with the company's target of approximately 2x. The call disclosed this leverage measure but did not provide a cash balance or total debt amount.

Key facts

• Altria's debt-to-EBITDA ratio was 1.9x as of September 30, 2026, in line with its target of approximately 2x.