Altria
Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and related products. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of Richmond.
| Company type | Public |
|---|---|
| Industry | Tobacco |
| Founded | 1985 (as Philip Morris Companies, Inc.) |
| Headquarters | Reynolds Metals Company International Headquarters Henrico County, Virginia, U.S. |
Area served | Worldwide |
Key people | Billy Gifford (Chairman & CEO) |
| Revenue | US$21.111 billion (2021) |
| US$11.560 billion (2021) | |
| US$2.475 billion (2021) | |
| Total assets | US$39.523 billion (2021) |
| Total equity | -US$1.606 billion (2021) |
Number of employees | 6,000 (2021) |
| Subsidiaries |
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| Website | altria.com |
Altria is the parent company of Philip Morris USA, John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., and Philip Morris Capital Corporation. Altria also maintains large minority stakes in Belgium-based brewer AB InBev and the Canadian cannabis company Cronos Group. It is a component of the S&P 500 and was a component of the Dow Jones Industrial Average from 1985 to 2008, dropping due to spin-offs of Kraft Foods Inc. in 2007 and Philip Morris International in 2008.