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, machine-made large cigars and other tobacco products. Altria Group markets its products under the brands of Marlboro, Copenhagen, Benson & Hedges, Chesterfield and Black & Mild. Altria merchandise and sells its tobacco products to wholesalers and distributors, large retail organizations, chain stores, and armed services, and wine to restaurants, wine shops, supermarkets, and mass merchandisers. It envisions and strives to lead the transition to a smoke-free future by adult smokers. The company essentially 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*
$70.6B
Net Profit Margin (2022)
XYZ
44.6%
(2022 vs 2021)
* As of and is in US$
Altria Group Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Cigarettes | Marlboro |
| Smokeless Tobacco Products | Virginia Slims |
| Cigars | Copenhagen |
| 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 | British American Tobacco Plc | Vector Group Ltd | Reynolds American Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | United Kingdom | United States of America | United States of America |
| City | Richmond | Bristol | London | Miami | Winston -Salem |
| State/Province | Virginia | England | England | Florida | North Carolina |
| No. of Employees | 6,400 | 25,200 | 46,725 | 551 | 5,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kathryn B. McQuade | Chairman | Executive Board | 2021 | 66 |
| William F. Gifford, Jr. | Chief Executive Officer; Director | Executive Board | 2020 | 51 |
| Salvatore Mancuso | Executive Vice President; Chief Financial Officer | Senior Management | 2020 | 57 |
| Jody L. Begley | Chief Operating Officer; Executive Vice President | Senior Management | 2020 | 51 |
| Charles N. Whitaker | Chief Compliance Officer; Chief Human Resources Officer; Senior Vice President | Senior Management | - | 56 |
| 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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