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Side-by-side financial comparison of Altria (MO) and State Street Corporation (STT). Click either name above to swap in a different company.

Altria is the larger business by last-quarter revenue ($5.8B vs $3.7B, roughly 1.6× State Street Corporation). State Street Corporation runs the higher net margin — 20.4% vs 19.1%, a 1.3% gap on every dollar of revenue. On growth, State Street Corporation posted the faster year-over-year revenue change (7.5% vs -2.1%). State Street Corporation produced more free cash flow last quarter ($9.8B vs $3.2B). Over the past eight quarters, State Street Corporation's revenue compounded faster (8.1% CAGR vs 2.4%).

Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retai...

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

MO vs STT — Head-to-Head

Bigger by revenue
MO
MO
1.6× larger
MO
$5.8B
$3.7B
STT
Growing faster (revenue YoY)
STT
STT
+9.6% gap
STT
7.5%
-2.1%
MO
Higher net margin
STT
STT
1.3% more per $
STT
20.4%
19.1%
MO
More free cash flow
STT
STT
$6.6B more FCF
STT
$9.8B
$3.2B
MO
Faster 2-yr revenue CAGR
STT
STT
Annualised
STT
8.1%
2.4%
MO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MO
MO
STT
STT
Revenue
$5.8B
$3.7B
Net Profit
$1.1B
$747.0M
Gross Margin
62.1%
Operating Margin
28.2%
25.0%
Net Margin
19.1%
20.4%
Revenue YoY
-2.1%
7.5%
Net Profit YoY
-63.2%
-4.6%
EPS (diluted)
$0.67
$2.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MO
MO
STT
STT
Q4 25
$5.8B
$3.7B
Q3 25
$6.1B
$3.5B
Q2 25
$6.1B
$3.4B
Q1 25
$5.3B
$3.3B
Q4 24
$6.0B
$3.4B
Q3 24
$6.3B
$3.3B
Q2 24
$6.2B
$3.2B
Q1 24
$5.6B
$3.1B
Net Profit
MO
MO
STT
STT
Q4 25
$1.1B
$747.0M
Q3 25
$2.4B
$861.0M
Q2 25
$2.4B
$693.0M
Q1 25
$1.1B
$644.0M
Q4 24
$3.0B
$783.0M
Q3 24
$2.3B
$730.0M
Q2 24
$3.8B
$711.0M
Q1 24
$2.1B
$463.0M
Gross Margin
MO
MO
STT
STT
Q4 25
62.1%
Q3 25
62.8%
Q2 25
63.1%
Q1 25
61.8%
Q4 24
60.3%
Q3 24
60.8%
Q2 24
59.2%
Q1 24
58.8%
Operating Margin
MO
MO
STT
STT
Q4 25
28.2%
25.0%
Q3 25
53.2%
31.1%
Q2 25
52.9%
25.8%
Q1 25
34.0%
25.0%
Q4 24
48.2%
28.1%
Q3 24
50.4%
28.4%
Q2 24
40.8%
28.6%
Q1 24
48.0%
19.1%
Net Margin
MO
MO
STT
STT
Q4 25
19.1%
20.4%
Q3 25
39.1%
24.3%
Q2 25
39.0%
20.1%
Q1 25
20.5%
19.6%
Q4 24
50.9%
22.9%
Q3 24
36.6%
22.4%
Q2 24
61.2%
22.3%
Q1 24
38.2%
14.8%
EPS (diluted)
MO
MO
STT
STT
Q4 25
$0.67
$2.41
Q3 25
$1.41
$2.78
Q2 25
$1.41
$2.17
Q1 25
$0.63
$2.04
Q4 24
$1.78
$2.43
Q3 24
$1.34
$2.26
Q2 24
$2.21
$2.15
Q1 24
$1.21
$1.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MO
MO
STT
STT
Cash + ST InvestmentsLiquidity on hand
$4.5B
Total DebtLower is stronger
$25.7B
Stockholders' EquityBook value
$-3.5B
$27.8B
Total Assets
$35.0B
$366.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MO
MO
STT
STT
Q4 25
$4.5B
Q3 25
$3.5B
Q2 25
$1.3B
Q1 25
$4.7B
Q4 24
$3.1B
Q3 24
$1.9B
Q2 24
$1.8B
Q1 24
$3.6B
Total Debt
MO
MO
STT
STT
Q4 25
$25.7B
Q3 25
$25.7B
Q2 25
$24.7B
Q1 25
$26.1B
Q4 24
$24.9B
Q3 24
$25.2B
Q2 24
$25.0B
Q1 24
$25.0B
Stockholders' Equity
MO
MO
STT
STT
Q4 25
$-3.5B
$27.8B
Q3 25
$-2.6B
$27.6B
Q2 25
$-3.3B
$27.3B
Q1 25
$-3.5B
$26.7B
Q4 24
$-2.2B
$25.3B
Q3 24
$-3.5B
$25.8B
Q2 24
$-3.0B
$24.8B
Q1 24
$-5.1B
$24.4B
Total Assets
MO
MO
STT
STT
Q4 25
$35.0B
$366.0B
Q3 25
$35.0B
$371.1B
Q2 25
$32.3B
$376.7B
Q1 25
$35.8B
$372.7B
Q4 24
$35.2B
$353.2B
Q3 24
$34.2B
$338.5B
Q2 24
$34.4B
$325.6B
Q1 24
$36.5B
$338.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MO
MO
STT
STT
Operating Cash FlowLast quarter
$3.3B
$10.0B
Free Cash FlowOCF − Capex
$3.2B
$9.8B
FCF MarginFCF / Revenue
54.4%
266.6%
Capex IntensityCapex / Revenue
1.6%
7.3%
Cash ConversionOCF / Net Profit
2.93×
13.44×
TTM Free Cash FlowTrailing 4 quarters
$9.1B
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MO
MO
STT
STT
Q4 25
$3.3B
$10.0B
Q3 25
$3.1B
$7.9B
Q2 25
$205.0M
$-8.4B
Q1 25
$2.7B
$2.4B
Q4 24
$3.3B
$-7.4B
Q3 24
$2.6B
$2.7B
Q2 24
$-75.0M
$-7.6B
Q1 24
$2.9B
$-844.0M
Free Cash Flow
MO
MO
STT
STT
Q4 25
$3.2B
$9.8B
Q3 25
$3.0B
$7.7B
Q2 25
$173.0M
$-8.8B
Q1 25
$2.7B
$2.2B
Q4 24
$3.3B
$-7.7B
Q3 24
$2.6B
$2.5B
Q2 24
$-104.0M
$-7.9B
Q1 24
$2.8B
$-1.1B
FCF Margin
MO
MO
STT
STT
Q4 25
54.4%
266.6%
Q3 25
50.1%
216.0%
Q2 25
2.8%
-254.1%
Q1 25
51.0%
66.1%
Q4 24
55.1%
-225.1%
Q3 24
41.2%
75.9%
Q2 24
-1.7%
-246.2%
Q1 24
51.0%
-34.2%
Capex Intensity
MO
MO
STT
STT
Q4 25
1.6%
7.3%
Q3 25
0.9%
6.9%
Q2 25
0.5%
9.3%
Q1 25
0.7%
6.9%
Q4 24
0.8%
7.3%
Q3 24
0.5%
7.2%
Q2 24
0.5%
6.7%
Q1 24
0.6%
7.3%
Cash Conversion
MO
MO
STT
STT
Q4 25
2.93×
13.44×
Q3 25
1.30×
9.18×
Q2 25
0.09×
-12.18×
Q1 25
2.53×
3.72×
Q4 24
1.10×
-9.49×
Q3 24
1.14×
3.71×
Q2 24
-0.02×
-10.75×
Q1 24
1.35×
-1.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MO
MO

Smokeable Products Segment$5.1B88%
Oral Tobacco Segment$706.0M12%

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

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