Whatco

Altria

Tobacco & nicotine · United States

Altria owns Philip Morris USA, maker of Marlboro in the United States, plus Copenhagen and Skoal smokeless tobacco, on! nicotine pouches and NJOY vapes, and holds a stake in AB InBev.

What makes it different

A cigarette company that owns 8% of AB InBev.

8.2%Ownership of AB InBevDec 31, 2025

The stake, left over from selling Miller Brewing, was worth $10.3B at the end of 2025.

How big it is

How big is Altria?

$23.3BNet revenuesFY2025
61.8BCigarettes shippedFY2025
5,900Employees2025
How it makes money FY2025

Cigarettes and cigars bring in almost everything.

  • Smokeable products88%$20.5B
  • Oral tobacco products12%$2.8B
How the business works

Raise prices as smoking declines.

  1. 1Marlboro in America
  2. 2Above falling volumes
  3. 3Cash as dividends

Price increases on loyal premium smokers keep profit stable even as fewer cigarettes are sold each year.

Who owns it
  • BlackRock, Inc.7.56%

CEO: Salvatore Mancuso

Who it competes with
Key moments
  1. 1847Bond Street tobacco shop
  2. 1954Marlboro repositioned for men
  3. 1972Marlboro becomes world number one
  4. 1998Master Settlement Agreement
  5. 2007Kraft Foods spun off
Sources

Every number on this page comes from Altria's own reports.

Full profile

The rest of the story is in the app.

What Altria tracks25 metrics
Marlboro retail share of U.S. cigarettes
Altria share of U.S. cigarette retail
U.S. cigarette shipments
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from1 regions
United States
The full timeline21 moments
2022
2025
2026
Altria vs Philip Morris Internationalside by side
Revenue
Profit
People
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