Altria Group Inc

Company Profile

• Business description

  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.

• Contact

  6601 West Broad Street
  RichmondVA23230
  USA

  T: +1 804 274-2200

  https://www.altria.com

• Sector

  Consumer Defensive

  Stock type

  Defensive

• Industry

  Tobacco

  Fiscal Year End

  31 December 2026

  Employees

  5,900