Altria Group Inc - Company Profile
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Altria Group Inc (Altria) is a provider of tobacco products. The company, through its subsidiaries, manufactures and sells cigarettes, moist smokeless tobacco, oral tobacco, oral nicotine pouches, e-vapor products, pipe tobacco, snus products, machine-made large cigars, and other tobacco products. Altria markets its products under the brands of Marlboro, Copenhagen, Skoal, Red Seal, Benson & Hedges, Chesterfield, NJOY, and Black & Mild. It merchandise and sells its tobacco products to wholesalers and distributors, large retail organizations, chain stores, and drug stores, military, dollar stores and mass merchandisers. The company primarily operates in the US. Altria is headquartered in Richmond, Virginia, the US.
Headquarters
United States of America
Address
6601 W Broad St, Richmond, Virginia, 23230
Website
www.altria.com
Telephone
1 804 2742200
No of Employees
6,400
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
MO (NYSE)
Revenue (2022)
$24.5B
-2.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
41%
(2022 vs 2021)
Market Cap*
$74.5B
Net Profit Margin (2022)
XYZ
44.6%
(2022 vs 2021)
* As of and is in US$
Altria Group Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Cigarettes | Virginia Slims |
| Smokeless Tobacco Products | Marlboro |
| Cigars | Copenhagen |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company announced its plans to sell a portion of its investment in Anheuser-Busch InBev SA/NA. |
| 2023 | Acquisitions/Mergers/Takeovers | In June, the company acquired Njoy Holdings Inc. |
| 2022 | Contracts/Agreements | In October, the company entered into a strategic partnership with JT Group (JT) and expanded heated tobacco portfolio. |
Competitor Comparison
| Key Parameters | Altria Group Inc | Imperial Brands Plc | Philip Morris International Inc | British American Tobacco Plc | Vector Group Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | United States of America | United Kingdom | United States of America |
| City | Richmond | Bristol | Stamford | London | Miami |
| State/Province | Virginia | England | Connecticut | England | Florida |
| No. of Employees | 6,400 | 25,200 | 82,700 | 46,725 | 551 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William F. Gifford | Chief Executive Officer; Director | Executive Board | 2020 | 53 |
| Kathryn B. McQuade | Chairwoman | Executive Board | 2021 | 67 |
| Salvatore Mancuso | Chief Financial Officer; Executive Vice President | Senior Management | 2020 | 58 |
| Jody L. Begley | Chief Operating Officer; Executive Vice President | Senior Management | 2020 | 52 |
| Charles N. Whitaker | Chief Compliance Officer; Chief Human Resources Officer; Senior Vice President | Senior Management | - | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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