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MO

Altria

Consumer StaplesTobaccoS&P 500
Ticker MORICHMOND, VAFiscal year ends DecemberBook value per share $-1.59Diluted shares 1.7B

Altria Group, Inc. (NYSE: MO) manufactures and sells tobacco and nicotine products primarily to U.S. consumers age 21 and older. Its portfolio includes cigarettes and machine-made cigars, moist smokeless tobacco, oral nicotine pouches and e-vapor products, sold principally through wholesalers, distributors and large… From the company’s description.

In fiscal 2025, Altria reported revenue of $23.28B, down 3.1% from fiscal 2024, and net income of $6.95B. Its operating margin was 42.5%, and operations generated $9.29B in cash. Over the twelve months to Jun 30, 2026, revenue was $23.46B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$23.28BFY2025
−3.1% year over year
Last 12 mo $23.46B
42.52%FY2025
−4.3 percentage points
Last 12 mo 46.78%
$6.95BFY2025
−38.3% year over year
Last 12 mo $7.97B
-222.84%FY2025
+280.5 percentage points
Last 12 mo -298.84%
Cash & financing
$9.29BFY2025
+6.1% year over year
Last 12 mo $9.41B
$9.07BFY2025
+5.4% year over year
Last 12 mo $9.11B
-7.34FY2025
Was -11.14× a year earlier
Last 12 mo -9.21
1.7BFY2025
−2.0% year over year
Last 12 mo 1.7B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Altria does

In the company’s own words

Altria Group, Inc. (NYSE: MO) manufactures and sells tobacco and nicotine products primarily to U.S. consumers age 21 and older. Its portfolio includes cigarettes and machine-made cigars, moist smokeless tobacco, oral nicotine pouches and e-vapor products, sold principally through wholesalers, distributors and large retail organizations. The company’s reportable segments are smokeable products, oral tobacco products and e-vapor products; its other activities include a heated tobacco joint venture, international oral nicotine operations and research and development. Key brands include Marlboro cigarettes, Black & Mild cigars, Copenhagen and Skoal smokeless tobacco, and on! nicotine pouches; NJOY is its e-vapor business. Wholly owned operating subsidiaries include Philip Morris USA, John Middleton, U.S. Smokeless Tobacco Company, Helix Innovations and NJOY, while a joint venture with Japan Tobacco is responsible for U.S. commercialization of heated tobacco products. Altria employed approximately 5,900 people as of December 31, 2025. Its website is www.altria.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Tobacco
Headquarters
RICHMOND, VA
Fiscal year end
December
CIK
764180
SIC
2111

Financial performance, year by year

Fiscal 2013–2025 · USD
$-4.04B$4.19B$12.43B$20.66B$28.90B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Altria — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

841
funds hold it
1 of 35
superinvestors hold it
$35.07B
held by funds, at market
29.4%
of shares held by funds
25
bond issues held by funds

Superinvestors in Altria · what they did last quarter

Tom RussoDECREASED -9.6%
Gardner Russo & Quinn
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Altria’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.17%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.19%of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
2.94%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.19%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.18%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Altria’s bonds, as funds hold them

Funds report holding 25 issues of Altria’s debt, $2.56B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.45%, maturing 2026 to 2061.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Altria and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Altria's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Altria's last four quarterly filings that the numbers alone won't show?”
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