MO (Altria Group) EPS without NRI: $5.51 (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MO Altria Group Inc MO
74 GF Score
Price $71.87
GF Value $54.69
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Altria Group EPS without NRI?

Altria Group MO +0.11% 74 EPS without NRI is $5.51 as of Mar. 2026. GuruFocus rates MO with a GF Score™ of 74/100 and a GF Value™ of $54.69 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 42 Tobacco Products companies, Altria Group ranks worse than 54.76% on this metric.

Altria Group's earnings per share without non-recurring items for the three months ended in Mar. 2026 was $1.32. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was $5.51.

During the past 12 months, Altria Group's average earnings per share (NRI) Growth Rate was 5.00% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 3.80% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 4.20% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Altria Group's EPS without NRI or its related term are showing as below:

MO' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -32.4   Med: 7.7   Max: 26.3
Current: 3.8

During the past 13 years, Altria Group's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 26.30% per year. The lowest was -32.40% per year. And the median was 7.70% per year.

MO's 3-Year EPS without NRI Growth Rate is ranked worse than
54.76% of 42 companies
in the Tobacco Products industry
Industry Median: 4.45 vs MO: 3.80

Altria Group's EPS (Diluted) for the three months ended in Mar. 2026 was $1.30. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $4.79.

Altria Group's EPS (Basic) for the three months ended in Mar. 2026 was $1.30. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $4.79.


Altria Group  (NYSE:MO) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Altria Group EPS without NRI Related Terms


Altria Group EPS without NRI Historical Data

* Premium members only.

The historical data trend for Altria Group's EPS without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Altria Group EPS without NRI Chart

Altria Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 4.84 4.95 5.12 5.42

Altria Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.23 1.44 1.45 1.30 1.32

MO vs TPB, UVV, AIIR: EPS without NRI Comparison

For the Tobacco subindustry, Altria Group's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altria Group PE Ratio without NRI vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Altria Group's PE Ratio without NRI falls into.


MO
74GF Score
Altria Group Inc MO
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altria Group EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of $5.51 mean?
Altria Group (MO) has a EPS without NRI of $5.51 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Altria Group and its competitors. According to the industry distribution chart, Altria Group ranks #23 out of 42 companies in the Tobacco Products industry, placing it in the top 54.8%.
Is Altria Group's EPS without NRI too high?
Altria Group's current EPS without NRI is $5.51. The Tobacco Products industry median EPS without NRI is 4.45. Altria Group's value of $5.51 is 23.8% above this industry median. Based on the distribution chart, Altria Group ranks #23 out of 42 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Altria Group has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altria Group's EPS without NRI compare to TPB and UVV?
According to the Tobacco Products industry distribution chart, Altria Group ranks #23 out of 42 companies for EPS without NRI. This places Altria Group in the lower half of its industry. The industry median EPS without NRI is 4.45. Altria Group's value of $5.51 is 23.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Tobacco Products company?
The median EPS without NRI among Tobacco Products companies is 4.45, based on 42 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altria Group's current EPS without NRI of $5.51 is 23.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Altria Group and its competitors. For the Tobacco Products industry, the median EPS without NRI is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altria Group's current EPS without NRI is $5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altria Group stock overvalued right now?
Based on GuruFocus' analysis, Altria Group (MO) is currently considered Significantly Overvalued. The stock's GF Value™ is $54.69, compared to a current price of $71.87 — trading 31.4% above its estimated fair value. The current EPS without NRI is $5.51 and 23.8% above the Tobacco Products industry median of 4.45. Altria Group's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Altria Group (MO), the current EPS without NRI is $5.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Altria Group (MO) Overvalued in 2026?

Based on GuruFocus' analysis, Altria Group stock appears to be overvalued. The current stock price of $71.87 is trading 31.4% above its estimated GF Value™ of $54.69. GuruFocus considers Altria Group to be Significantly Overvalued.

Key valuation signals for MO:

  • EPS without NRI: $5.51
  • GF Value™: $54.69 vs. price of $71.87 (31.4% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 23.8% above the Tobacco Products median (#23 of 42)

No single metric tells the full story. See the MO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Altria Group Business Description

Address 6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 40% share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, and a 41% stake in cannabis manufacturer Cronos. In reduced-risk products, it acquired vaping company Njoy Holdings in 2023, operates a joint venture with Japan Tobacco in the heated tobacco category for the US, and sells the On brand in nicotine pouches.
74GF Score

Get the complete analysis for MO

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$71.87
Price
$54.69
GF Value