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Altria Group MO · USD

Consumer Staples · Tobacco · US listing · 🇺🇸 United States

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75.81

-0.41%

Close of 9 Nov 2026, in USD

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About Altria Group

From its filings with the US Securities and Exchange Commission

SEC filings

Altria Group is based in Richmond, Virginia and is incorporated in Virginia. Its shares trade on NYSE under the ticker MO. It is a member of the S&P 500. The SEC classifies its business as cigarettes. In the fiscal year to 31 December 2025, it reported revenue of $23.28bn and net income of $6.95bn. At that date it held total assets of $35.02bn and shareholders' equity of −$3.50bn.

In its own words

We have a leading portfolio of tobacco products for U.S. tobacco consumers age 21+. We are Moving Beyond SmokingTM, 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”).

Our wholly owned subsidiaries include Philip Morris USA Inc. (“PM USA”), which is engaged in the manufacture and sale of cigarettes; John Middleton Co. (“Middleton”), which is engaged in the manufacture and sale of machine-made large cigars and is a wholly owned subsidiary of PM USA; UST LLC (“UST”), which, through its wholly owned subsidiary U.S. Smokeless Tobacco Company LLC (“USSTC”), is engaged in the manufacture and sale of moist smokeless tobacco (“MST”) products; Helix Innovations LLC (“Helix”) and its foreign affiliates (“Helix International”), which are engaged in the manufacture and sale of oral nicotine pouches; and NJOY, LLC (“NJOY”), which is engaged in the manufacture and sale of e-vapor products. We operate primarily within the United States and generate substantially all of our revenue from domestic customers. Other wholly owned subsidiaries include Altria Group Distribution Company (“AGDC”), which provides domestic sales and distribution services to our operating companies, and Altria Client Services LLC (“ALCS”), which provides various support services to our companies in areas such as legal, regulatory, research and product development, consumer engagement, finance, human resources and external affairs.

Quoted from its 10-K, filed 25 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Consumer Staples
Industry
Tobacco
Listed since
15 Mar 1923
Employees
5,900
Website
altria.com ↗
Head office
6601 WEST BROAD STREET, RICHMOND, VA, 23230
Incorporated in
VA
Classification
Cigarettes
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Ms. Kathryn McquadeIndependent Chairman of the Board$575,028
  • Mr. William GiffordChief Executive Officer, Director$26.8m
  • Mr. Salvatore MancusoChief Financial Officer, Executive Vice President, since 2020$6.0m
  • Mr. Jody BegleyChief Operating Officer, Executive Vice President$7.4m
  • Mr. Charles WhitakerSenior Vice President, Chief Human Resources Officer and Chief Compliance Officer$3.8m
  • Mr. Robert MccarterExecutive Vice President, General Counsel$4.2m
  • Ms. Heather NewmanSenior Vice President, Chief Strategy & Growth Officer, since 2022$4.0m
  • Mr. Steven D'AmbrosiaVice President, Controller
  • Ms. Katie PattersonVice President, Controller
  • Mr. Ian ClarkeIndependent Director$300,019
  • Ms. Marjorie ConnellyIndependent Director$355,019
  • Mr. R. Matt DavisIndependent Director$328,019

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
86
Environment
92
Social
92
Governance
74
Direct emissions (scope 1)
118,646 t
Energy emissions (scope 2)
103,788 t
Value chain emissions (scope 3)
1,785,797 t
Women in the workforce
34.83%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Strong brand portfolio:
  • Altria Group Inc has a diverse and well-established brand portfolio comprising some of the most recognized and trusted brands in the tobacco industry.
  • Robust distribution network:
  • The company has a strong and extensive distribution network, allowing it to reach a wide customer base efficiently and effectively.
  • Solid financial performance:
  • Altria Group Inc has demonstrated consistent financial performance over the years, with strong revenue and profitability figures.
  • Weaknesses:
  • Dependence on declining tobacco industry:
  • As a tobacco company, Altria Group Inc is highly dependent on the tobacco industry, which faces challenges such as declining smoking rates and increasing regulations.
  • Litigation risks:
  • The company faces ongoing litigation risks related to health issues associated with tobacco products, which could result in substantial financial liabilities.
  • Limited diversification:
  • Altria Group Inc has limited diversification in terms of product offerings, heavily relying on tobacco-related products, which exposes it to market-specific risks.
  • Opportunities:
  • Expansion into alternatives to traditional cigarettes:
  • The growing demand for reduced-risk products and a shift towards alternatives to traditional cigarettes, such as e-cigarettes and smokeless tobacco, presents an opportunity for Altria Group Inc to diversify its product portfolio.
  • Strategic acquisitions and partnerships:
  • The company can explore strategic acquisitions and partnerships to expand its presence in emerging markets or to tap into new product categories.
  • Increasing legalization of marijuana:
  • With the increasing legalization of marijuana, Altria Group Inc could explore opportunities to enter the cannabis industry, leveraging its distribution network and expertise.
  • Threats:
  • Regulatory restrictions:
  • The tobacco industry is heavily regulated, and any further tightening of regulations can pose a significant threat to Altria Group Inc's operations and profitability.
  • Intense competition:
  • The company faces intense competition from other tobacco companies, as well as emerging players in the reduced-risk tobacco products market.
  • Changing consumer preferences:
  • Shifting consumer preferences towards healthier lifestyles and reduced tobacco consumption pose a threat to the overall demand for Altria Group Inc's products.

Weaknesses

  • Dependence on declining tobacco industry:
  • As a tobacco company, Altria Group Inc is highly dependent on the tobacco industry, which faces challenges such as declining smoking rates and increasing regulations.
  • Litigation risks:
  • The company faces ongoing litigation risks related to health issues associated with tobacco products, which could result in substantial financial liabilities.
  • Limited diversification:
  • Altria Group Inc has limited diversification in terms of product offerings, heavily relying on tobacco-related products, which exposes it to market-specific risks.
  • Opportunities:
  • Expansion into alternatives to traditional cigarettes:
  • The growing demand for reduced-risk products and a shift towards alternatives to traditional cigarettes, such as e-cigarettes and smokeless tobacco, presents an opportunity for Altria Group Inc to diversify its product portfolio.
  • Strategic acquisitions and partnerships:
  • The company can explore strategic acquisitions and partnerships to expand its presence in emerging markets or to tap into new product categories.
  • Increasing legalization of marijuana:
  • With the increasing legalization of marijuana, Altria Group Inc could explore opportunities to enter the cannabis industry, leveraging its distribution network and expertise.
  • Threats:
  • Regulatory restrictions:
  • The tobacco industry is heavily regulated, and any further tightening of regulations can pose a significant threat to Altria Group Inc's operations and profitability.
  • Intense competition:
  • The company faces intense competition from other tobacco companies, as well as emerging players in the reduced-risk tobacco products market.
  • Changing consumer preferences:
  • Shifting consumer preferences towards healthier lifestyles and reduced tobacco consumption pose a threat to the overall demand for Altria Group Inc's products.

Opportunities

  • Expansion into alternatives to traditional cigarettes:
  • The growing demand for reduced-risk products and a shift towards alternatives to traditional cigarettes, such as e-cigarettes and smokeless tobacco, presents an opportunity for Altria Group Inc to diversify its product portfolio.
  • Strategic acquisitions and partnerships:
  • The company can explore strategic acquisitions and partnerships to expand its presence in emerging markets or to tap into new product categories.
  • Increasing legalization of marijuana:
  • With the increasing legalization of marijuana, Altria Group Inc could explore opportunities to enter the cannabis industry, leveraging its distribution network and expertise.
  • Threats:
  • Regulatory restrictions:
  • The tobacco industry is heavily regulated, and any further tightening of regulations can pose a significant threat to Altria Group Inc's operations and profitability.
  • Intense competition:
  • The company faces intense competition from other tobacco companies, as well as emerging players in the reduced-risk tobacco products market.
  • Changing consumer preferences:
  • Shifting consumer preferences towards healthier lifestyles and reduced tobacco consumption pose a threat to the overall demand for Altria Group Inc's products.

Threats

  • Regulatory restrictions:
  • The tobacco industry is heavily regulated, and any further tightening of regulations can pose a significant threat to Altria Group Inc's operations and profitability.
  • Intense competition:
  • The company faces intense competition from other tobacco companies, as well as emerging players in the reduced-risk tobacco products market.
  • Changing consumer preferences:
  • Shifting consumer preferences towards healthier lifestyles and reduced tobacco consumption pose a threat to the overall demand for Altria Group Inc's products.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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