Altria Net Worth (Updated 2026).
Altria, a name now synonymous with tobacco products, began its journey in the early 20th century. Originally established in 1919 as the tobacco division of the American Tobacco Company, Altria’s roots can be traced back to the industry’s pioneering days. The company, then known as Philip Morris USA, started as a small division focused on manufacturing and selling cigarettes.
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Altria’s Current Net Worth (2025)
As of 2025, Altria Group, Inc.’s market capitalization stands at approximately $85 billion. This figure is based on the latest available information and reflects the company’s total value on the stock market.
Career
Altria Group, Inc. is a prominent American corporation that was founded in 1919. Originally known as Philip Morris Companies Inc., it changed its name to Altria in 2003. The company is a holding company for several subsidiaries, including Philip Morris USA, which is one of the largest tobacco companies in the United States.
Other Ventures
Beyond tobacco, Altria has diversified its portfolio. In 2018, it acquired a 35% stake in Juul Labs, a leading e-cigarette company. Additionally, Altria has invested in the cannabis sector, taking a 45% stake in Cronos Group, a Canadian cannabis company, in 2018.
Assets
As of its latest annual report, Altria’s total assets were valued at around $28 billion. This includes investments in its subsidiaries, marketable securities, and other assets. The company’s most significant asset is its stake in Philip Morris USA, which accounts for a substantial portion of its total assets.
Annual Income
In 2020, Altria Group, Inc. reported total revenue of $19.1 billion. The company’s net income for the same year was $4.5 billion. These figures reflect Altria’s significant financial performance and its position as a leading player in the tobacco industry.
Frequently Asked Questions about Altria
**Frequently Asked Questions: Altria Net Worth**
1. What is Altria’s net worth?
Altria’s net worth is estimated to be over $100 billion.
2. How does Altria make its money?
Altria generates revenue primarily through the sale of cigarettes, smokeless products, and wine. Its flagship cigarette brand is Marlboro.
3. Who is the CEO of Altria?
The current CEO of Altria Group is Billy Gifford.
4. What are Altria’s main products?
Altria’s main products include cigarettes (Marlboro, Parliament, Virginia Slims), smokeless products (Copenhagen, Skoal), and wine (Mark West, Clos du Bois).
5. How many employees does Altria have?
As of 2021, Altria has approximately 8,500 employees.
6. What is Altria’s stock symbol?
Altria Group’s stock symbol is MO on the New York Stock Exchange (NYSE).
7. Does Altria own Philip Morris?
No, Philip Morris International (PMI) is a separate company from Altria. However, Altria and PMI have a strategic partnership.
8. What is Altria’s headquarters location?
Altria’s headquarters is located in Richmond, Virginia, USA.
9. What are some of Altria’s investments?
Altria has investments in various areas including JUUL Labs, Anheuser-Busch InBev, and Cronos Group.
10. How does Altria contribute to its communities?
Altria supports communities through various initiatives, including smoking cessation programs, environmental sustainability efforts, and contributions to disaster relief efforts.
