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Altria Group, Inc. - Company Profile

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Altria Group, Inc. - Overview

Brands
Alpine, Basic, Benson & Hedges, Black & Mild, Bucks, Cambridge, Chesterfield, Collector's Choice, Commander, Copenhagen, Dave's, L&M, Lark, Marlboro, Merit, on!, Parliament, Skoal, Virginia Slims
Description
Altria is a public company headquartered in Virginia with an estimated 6,000 employees. In the US, the company has a notable market share in at least two industries: Cigarette & Tobacco Manufacturing, Cigarette & Tobacco Products Wholesaling and Cigarette & Tobacco Products Wholesaling. Their largest market share is in the Cigarette & Tobacco Manufacturing industry, where they account for an estimated 50.6% of total industry revenue.
Company Details

Registered Name: Altria Group, Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 6601 West Broad Street Richmond VA 23230

Employees: 6000

Altria Group, Inc. - Operating Industries and Main Competitors

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Altria Group, Inc. - Products and Services

  • Cigarette & Tobacco Products Wholesaling in the US

  • Of the 5 core revenue-generating products and services in the Cigarette & Tobacco Products Wholesaling in the US industry, Altria Group, Inc. offers:
    • Cigars and other products
    • E-cigarettes
    • Menthol cigarettes
    • AAAAA AAAAA
  • Cigarette & Tobacco Manufacturing in the US

  • Of the 5 core revenue-generating products and services in the Cigarette & Tobacco Manufacturing in the US industry, Altria Group, Inc. offers:
    • Cigars
    • Menthol cigarettes
    • Regular cigarettes
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Altria Group, Inc. - Analyst Insights

Maintaining profits in a declining cigarette market

Cigarette sales, predominately through its subsidiary Philip Morris, declined by 7.5% from 2020 to 2021. The decline in cigarette advertising and limited costs in production, coupled with soaring cigarette prices, has kept profits elevated. Cigarette taxes employed to limit cigarette smoking brought prices up almost steadily since 2000. This contributed to an increase in operating income for Altria, which grew 21.7% from 2018 to 2021. Strong cash flows from subsidiaries selling non-seasonal products to loyal customers and limited competition in the tobacco industry enables the company’s strong financial performance.

Balance Sheet|Structural|M&A|Discontinued Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Altria Group, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Altria Group, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Cigarette & Tobacco Products Wholesaling in the US, and Cigarette & Tobacco Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Altria Group, Inc. - Financial Statements & Ratios

pie_chartAltria Group, Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue26,013.026,153.025,110.025,364.025,576.025,744.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartAltria Group, Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents4,544.04,945.02,117.01,333.01,253.04,569.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartAltria Group, Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income2,475.04,454.0-1,298.06,967.010,227.014,244.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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