Related stocks: Cigarettes
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Related stocks: Cigarettes
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
We have a leading portfolio of tobacco products for U.S. tobacco consumers age 21+. We are Moving Beyond Smoking TM , by responsibly transitioning adult smokers to a smoke-free future, competing vigorously for existing smoke-free adult nicotine consumers and exploring new growth opportunities - beyond the United States and beyond nicotine ( Vision ).
$68.65
$0.93 (-1.34%)
Price from 4 days ago
Margins and capital returns are both well above average: 42.52% operating margin, ROIC at 29.45%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue declined 3.1% YoY. Margins deteriorated 4.3pp alongside, both lines moving the wrong way.
ROIC dropped from 34.59% to 29.45%, capital efficiency is deteriorating. Operating margin contracted 4.3pp YoY, cost discipline may be slipping.
14.3x earnings, 13.3x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$23.45B
▼ -3.1% YoY
Net Income (TTM)
$8.05B
▼ -38.3% YoY
Op. Margin
47.20%
▼ -4.3pp YoY
ROIC
33.97%
▼ -5.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$8.62B
▲ +5.4% YoY
Op. Cash Flow (TTM)
$8.89B
▲ +6.1% YoY
Net Debt
$21.07B
Cash & Equiv.
$3.53B
5Y CAGR: -2.3%
5Y CAGR: +2.2%
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