# Altria

> American multinational company

**Wikidata**: [Q445007](https://www.wikidata.org/wiki/Q445007)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Altria)  
**Source**: https://4ort.xyz/entity/altria

## Summary

Altria (also known as Altria Group, Inc., formerly Philip Morris Companies Inc.) is an American multinational public company headquartered in Richmond, Virginia. Founded on January 1, 1985, it operates primarily in the tobacco industry and maintains a portfolio of subsidiaries including Philip Morris USA, U.S. Smokeless Tobacco Company, and a significant stake in Juul. The company is publicly traded on the New York Stock Exchange and is a component of both the S&P 500 and S&P 100 indices, employing approximately 9,900 people with annual revenues reaching as high as $26.15 billion.

## Key Facts

- **Full Name / Aliases:** Altria Group, Inc.; formerly Philip Morris Companies, Philip Morris Companies Inc.
- **Founded:** January 1, 1985
- **Headquarters:** Richmond, Virginia, United States
- **Employees:** 9,900
- **Type:** Public company, multinational corporation
- **Stock Exchange:** New York Stock Exchange (founded May 17, 1792)
- **Website:** http://www.altria.com
- **Industry:** Tobacco industry, tobacco products
- **Subsidiaries:** Philip Morris USA (founded 1902), U.S. Smokeless Tobacco Company (founded 1822), Juul (founded July 2017)
- **Owned Brands:** Parliament (cigarette brand, launched 1931)
- **Notable Investments:** Anheuser-Busch InBev (Belgian-Brazilian multinational beverage and brewing company)
- **Index Memberships:** S&P 500, S&P 100 (established 1976)
- **Revenue Range:** $16.89 billion – $26.15 billion (across reported periods)
- **Net Profit Range:** -$1.293 billion – $14.239 billion (across reported periods)
- **Historical Connections:** Kraft Foods Group (spin-off from Kraft Foods Inc., founded 2012, 22,500 employees), Nabisco (American snack company, founded 1898)
- **Awards Received:** National Medal of Arts (established 1984), American Craft Council Award of Distinction (established 1983)

## FAQs

**What companies does Altria own or control?**
Altria owns Philip Morris USA, an American tobacco company founded in 1902 with approximately 7,500 employees, and U.S. Smokeless Tobacco Company, a smokeless tobacco manufacturer tracing back to 1822. It also holds a stake in Juul, an American electronic cigarette company founded in 2017 and headquartered in San Francisco.

**What stock indices include Altria?**
Altria is a component of both the S&P 500, a major American stock market index, and the S&P 100, a more selective index established in 1976. Its shares are publicly traded on the New York Stock Exchange.

**What is Altria's connection to the food industry?**
Historically, Altria had ties to the food industry through relationships with Kraft Foods Group, an American grocery manufacturing and processing conglomerate formed in 2012 as a spin-off from Kraft Foods Inc., and Nabisco, an American snack company founded in 1898.

**How large is Altria financially?**
Altria has reported revenues ranging from approximately $16.89 billion to $26.15 billion across various fiscal periods. Net profits have fluctuated significantly, from a loss of roughly $1.29 billion to a high of approximately $14.24 billion, reflecting the volatility of its investment portfolio and operating results.

**What is Altria's relationship with Anheuser-Busch InBev?**
Altria holds a significant ownership stake in Anheuser-Busch InBev, a Belgian-Brazilian multinational beverage and brewing company founded on August 2, 1977, headquartered in Leuven, Belgium, with over 166,000 employees.

## Why It Matters

Altria represents one of the most significant corporate entities in the American tobacco industry, wielding enormous market influence through its ownership of Philip Morris USA and U.S. Smokeless Tobacco Company, two of the oldest and most established tobacco operations in the United States. The company's strategic evolution from its origins as Philip Morris Companies into the modern Altria Group reflects broader shifts in corporate diversification and portfolio management. Its inclusion in both the S&P 500 and the elite S&P 100 underscores its weight in the American economy. Beyond tobacco, Altria's investment in Juul signaled a major bet on the electronic cigarette and reduced-risk product category, while its stake in Anheuser-Busch InBev demonstrates cross-industry financial reach into global beverage markets. The company's historical connections to Kraft Foods Group and Nabisco illustrate a legacy of involvement in the broader food and consumer goods landscape.

## Notable For

- Operating one of the most iconic portfolios in the American tobacco industry, anchored by Philip Morris USA (founded 1902) and U.S. Smokeless Tobacco Company (tracing to 1822)
- Being a dual member of both the S&P 500 and the more selective S&P 100 index
- Maintaining a public listing on the New York Stock Exchange, one of the world's oldest exchanges (established 1792)
- Holding a substantial investment stake in Anheuser-Busch InBev, the Belgian-Brazilian global beverage giant
- Backing Juul, a prominent American electronic cigarette manufacturer founded in 2017
- Ownership of the Parliament cigarette brand, which dates to 1931
- Historical association with major food industry players including Kraft Foods Group and Nabisco
- Generating peak revenues exceeding $26 billion and peak net profits over $14 billion
- Receiving the National Medal of Arts, an award created by the United States Congress in 1984

## Body

### Corporate Identity and Overview

Altria, formally known as Altria Group, Inc., is an American multinational company that operates as a public corporation. Previously named Philip Morris Companies and Philip Morris Companies Inc., the entity was established on January 1, 1985. It is headquartered in Richmond, Virginia — the capital city of the Commonwealth of Virginia, which itself traces its founding to 1607. The company maintains a corporate website at http://www.altria.com and employs approximately 9,900 people.

### Financial Profile

Altria's financial performance spans a wide range across reporting periods. Revenue figures include approximately $16.89 billion, $18.66 billion, $19.36 billion, $23.56 billion, $23.80 billion, $24.62 billion, $24.47 billion, $24.52 billion, $25.43 billion, $25.74 billion, $25.58 billion, $25.36 billion, $25.11 billion, $26.15 billion, $26.01 billion, $25.10 billion, $24.48 billion, and $24.02 billion.

Net profit has shown considerable variation, with figures including approximately $3.89 billion, $9.79 billion, $4.93 billion, $3.21 billion, $3.39 billion, $4.18 billion, $4.54 billion, $5.07 billion, $5.24 billion, $14.24 billion, $10.22 billion, $6.96 billion, -$1.29 billion, $4.47 billion, $2.48 billion, $5.76 billion, $8.13 billion, and $11.26 billion. The negative figure of approximately $1.29 billion suggests a rare annual loss, while the peak of roughly $14.24 billion likely reflects a one-time gain, possibly related to the Anheuser-Busch InBev investment or asset transactions.

### Tobacco Operations

Altria's core business resides in the tobacco industry, a sector encompassing companies that produce cigarettes, cigars, smoking tobacco, snuff, chewing tobacco, and bidis. Tobacco itself is an agricultural product processed from the leaves of plants in the genus Nicotiana.

#### Philip Morris USA

Philip Morris USA is an American tobacco company founded in 1902. Headquartered in the United States, it operates within the tobacco industry and employs approximately 7,500 people. Philip Morris USA is a wholly owned subsidiary of Altria and serves as one of the largest cigarette manufacturers in the country.

#### U.S. Smokeless Tobacco Company

U.S. Smokeless Tobacco Company is a manufacturer of smokeless tobacco products with origins tracing back to 1822, making it one of the oldest tobacco-related entities in the Altria portfolio. It operates within the broader tobacco industry alongside Philip Morris USA.

#### Parliament

Parliament is a cigarette brand owned by Altria through its subsidiaries. Launched on January 1, 1931, Parliament is an American cigarette brand that remains part of the company's product offerings.

### Emerging Products: Juul Investment

Juul is an American electronic cigarette manufacturer founded in July 2017 and headquartered in San Francisco (designated Q62 in the source data). Altria holds a significant ownership stake in Juul, representing a strategic move into the electronic vapor product category. As a relatively young company compared to Altria's legacy tobacco operations, Juul reflects Altria's effort to diversify into reduced-risk and next-generation nicotine delivery products.

### Cross-Industry Investment: Anheuser-Busch InBev

Altria holds an ownership interest in Anheuser-Busch InBev, a Belgian-Brazilian multinational beverage and brewing company. Anheuser-Busch InBev was incorporated on August 2, 1977, is headquartered in Leuven, Belgium, and employs approximately 166,632 to 169,339 people. The company operates in the global beverage and brewing industry. This investment represents Altria's most significant foray outside the tobacco sector, providing the company with exposure to the global beer and beverage market.

### Historical Food Industry Connections

Altria's corporate lineage includes connections to major American food industry players. Kraft Foods Group, an American grocery manufacturing and processing conglomerate, was formed in 2012 as a spin-off from Kraft Foods Inc. It was headquartered in the United States, employed approximately 22,500 people, and operated in the food manufacturing and processing sectors. Nabisco, an American snack company founded on January 1, 1898, also appears in Altria's historical orbit, operating within the food industry. The food industry broadly encompasses the collective of diverse businesses that supply much of the world's food.

### Market Position and Index Membership

Altria is a constituent of two major American stock market indices. The S&P 500 is a broad American stock market index tracking large-cap U.S. equities. The S&P 100, established in 1976, is a more selective index representing the largest and most established companies within the S&P 500. Membership in both indices signals Altria's prominence as one of the largest publicly traded corporations in the United States. Altria's shares trade on the New York Stock Exchange, an American stock exchange founded on May 17, 1792 (with some records citing May 12, 1792), headquartered in New York City.

### Awards and Recognition

Altria has been associated with two notable awards. The National Medal of Arts is an award and title created by the United States Congress in 1984, recognizing outstanding contributions to the arts in America. The American Craft Council Award of Distinction, established in 1983, is presented by the American Craft Council to individuals or organizations for 25 or more years of contribution to the field of craft.

### Geographic and Regulatory Context

Altria operates within the United States, a country that declared independence on July 4, 1776, with that independence formally recognized on May 12, 1784, under the Treaty of Paris (1783). As a public company operating in the tobacco industry, Altria is subject to extensive federal and state regulation. Its headquarters in Richmond, Virginia places it in a state with deep historical ties to tobacco cultivation and trade.

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