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Altria Group Inc

altria.com

Altria Group Inc (NYSE: MO) is a tobacco and nicotine products company that manufactures and sells cigarettes, smokeless tobacco, cigars, oral nicotine pouches, and e-vapor products primarily in the United States. Revenue comes from direct product sales across these nicotine categories, sold to domestic customers through its Altria Group Distribution Company subsidiary. Altria's operating subsidiaries include Philip Morris USA Inc. for cigarettes, John Middleton Co. for machine-made large cigars, U.S. Smokeless Tobacco Company LLC for moist smokeless tobacco products, Helix Innovations LLC for oral nicotine pouches, and NJOY LLC for e-vapor products. As of December 31, 2025, Altria also held a 75% economic interest in Horizon Innovations LLC, a joint venture with JTI (US) Holding Inc. The company operates primarily within the United States and generates substantially all revenue from domestic customers. Support functions including legal, regulatory, research, consumer engagement, finance, and human resources are centralized through Altria Client Services LLC.

Products & Services

Cigarettes (Philip Morris USA Inc.), machine-made large cigars (John Middleton Co.), moist smokeless tobacco or MST products (U.S. Smokeless Tobacco Company LLC), oral nicotine pouches (Helix Innovations LLC and Helix International), e-vapor products (NJOY LLC).

Revenue Model

Transactional product sales of cigarettes, moist smokeless tobacco, machine-made large cigars, oral nicotine pouches, and e-vapor products to domestic customers, distributed through wholly owned subsidiary Altria Group Distribution Company.

Customers & Markets

Domestic U.S. consumers of nicotine products. Substantially all revenue generated from customers within the United States, as disclosed in the 10-K filed 2026-02-25.

Geographic Exposure

Primarily United States. Helix International operates foreign affiliates in the oral nicotine pouch category. Substantially all revenue is domestic, per 10-K filed 2026-02-25.

Financial Snapshot

Revenue
TTM
$23.45B
Gross Margin
TTM
63.05%
Net Income
TTM
$8.050B
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
61.88%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
-$3.161B
Cash
2026 Q1
P/E
TTM
14.89
Free Cash Flow
TTM
$8.623B

Stock Price

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Market Cap: $119.88 Billion

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