Altria Group, Inc. MO

What this company does

Altria manufactures and sells tobacco products through its wholly owned subsidiaries, including cigarettes made and sold by Philip Morris USA, machine-made large cigars made and sold by John Middleton, moist smokeless tobacco products made and sold by U.S. Smokeless Tobacco Company, oral nicotine pouches made and sold by Helix Innovations, and e-vapor products made and sold by NJOY. At December 31, 2025, it employed approximately 5,900 people, twenty-six percent of whom were hourly manufacturing employees who were members of labor unions. At December 31, 2025, its reportable segments were smokeable products, oral tobacco products and e-vapor products. At December 31, 2025, it owned a 75% economic interest in Horizon Innovations LLC, a joint venture with JTI (US) Holding, Inc., which owned the remaining 25% economic interest. Its investments include Anheuser-Busch InBev SA/NV and Cronos Group Inc., which it accounts for under the equity method of accounting using a one-quarter lag.

Written from the business description in Altria Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.