Altria Group Net Worth (Updated 2025).
Altria Group, a name now synonymous with the tobacco industry, traces its roots back to the early 20th century. It all began in 1919 when the three largest tobacco companies at the time – American Tobacco Company, R.J. Reynolds Tobacco Company, and Liggett & Myers Tobacco Company – merged to form the American Tobacco Company. This merger marked the start of what would eventually become Altria Group.
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Altria Group’s Current Net Worth (2025)
As of 2025, Altria Group, Inc. has a net worth of approximately $85 billion. This figure reflects the company’s robust financial performance and strategic investments in its tobacco and beyond tobacco businesses.
Career
Founded in 1919 as Philip Morris & Co., Altria Group has evolved significantly over the decades. It has navigated industry changes, including the rise of e-cigarettes and the U.S. Food and Drug Administration’s regulatory oversight of tobacco products. Today, Altria Group is a leading tobacco company, with a portfolio that includes iconic brands like Marlboro, Copenhagen, and Skoal.
Other Ventures
Beyond its core tobacco business, Altria Group has diversified its portfolio. In 2018, it took a significant stake in Juul Labs, a leading e-vapor company, marking its entry into the reduced-risk tobacco products category. Additionally, Altria Group has invested in cannabis company Cronos Group, reflecting its interest in exploring the potential of cannabis-derived products.
Assets
Altria Group’s assets are primarily composed of its tobacco and beyond tobacco businesses. As of 2021, the company’s total assets were valued at approximately $82 billion. This includes investments in subsidiaries like Philip Morris USA and Nu Mark (maker of MarkTen e-vapor products). The company also holds significant real estate and intellectual property assets.
Annual Income
In 2021, Altria Group reported total revenue of $26.8 billion, reflecting a slight decrease from the previous year due to the impact of the COVID-19 pandemic on the tobacco industry. The company’s net income for the year was $5.1 billion, demonstrating its ability to maintain profitability despite industry challenges.
Frequently Asked Questions about Altria Group
1. What is Altria Group’s net worth?
Altria Group’s net worth is estimated to be over $100 billion.
2. How does Altria Group generate its revenue?
Altria Group generates revenue primarily through the sale of cigarettes, smokeless tobacco, and wine. Its main brands include Marlboro, Copenhagen, and Skoal.
3. What is Altria Group’s market share in the tobacco industry?
Altria Group holds approximately 50% of the U.S. cigarette market share.
4. Does Altria Group own any other companies?
Yes, Altria Group has investments in other companies such as Anheuser-Busch InBev, the world’s largest brewer, and Juul Labs, an e-cigarette company.
5. What is Altria Group’s annual revenue?
Altria Group’s annual revenue is around $25 billion.
6. How many employees does Altria Group have?
Altria Group employs approximately 8,500 people worldwide.
7. Where is Altria Group headquartered?
Altria Group’s headquarters is located in Richmond, Virginia, USA.
8. What is Altria Group’s stock symbol?
Altria Group’s stock symbol is MO on the New York Stock Exchange (NYSE).
9. What is Altria Group’s dividend yield?
Altria Group’s dividend yield is around 7.5%.
10. What are some of Altria Group’s recent investments?
Altria Group has recently invested in the cannabis industry, with a significant stake in Cronos Group. It also has a minority investment in Juul Labs.