Altria Group Inc

Altria Group, Inc. is a U.S.-based tobacco and nicotine company with a portfolio spanning combustible and smoke-free products. Its wholly owned subsidiaries include Philip Morris USA (PM USA), the most profitable U.S. cigarette manufacturer and maker of Marlboro; John Middleton Co., a cigar manufacturer producing the Black & Mild brand; U.S. Smokeless Tobacco Company (USSTC), a manufacturer of moist smokeless tobacco brands Copenhagen and Skoal; Helix Innovations, a manufacturer of on! oral nicotine pouches; and NJOY, an e-vapor manufacturer with FDA marketing granted orders. Altria also holds a majority-owned joint venture, Horizon Innovations, for the U.S. marketing of heated tobacco stick products. The company maintains equity investments in Anheuser-Busch InBev (ABI), the world's largest brewer, and Cronos Group, a Canadian cannabinoid company. Altria reports two segments: smokeable products (cigarettes and machine-made large cigars) and oral tobacco products (MST and oral nicotine pouches). The company is pursuing a strategy it calls 'Moving Beyond Smoking' to transition adult smokers to smoke-free alternatives while also exploring opportunities beyond the U.S. and beyond nicotine. Updated Oct 8, 2026