Industry Turnover:

• Tobacco products: approx. 85%
• Nicotine products without smoke: approx. 10%
• Wine and others: approx. 5%

TOP 3 Markets:

• USA: approx. 90%
• Canada: approx. 5%
• Europe: approx. 3%

Altria Group, Inc. generates the majority of its turnover from the sale of tobacco products, especially cigarettes. The U.S. market is by far the most important market for the company. In recent years, Altria has also invested in smoke-free nicotine products to respond to changing consumption habits. The market share in Canada and Europe is significantly lower compared to the USA, but there is a growing interest in smoke-free products in these regions.

Production Sites: USA, especially Richmond, Virginia

Altria Group, Inc. produces the majority of its tobacco products in the United States, with a main production site in Richmond, Virginia. This location is central to the manufacturing of cigarettes and other tobacco products under the brand Philip Morris USA, which is owned by Altria.

In addition to the production facilities in the USA, Altria has partnerships and stakes in international companies that distribute their products globally. These international collaborations enable Altria to expand its market presence outside the USA, even though the primary production takes place in the USA.

Dividend Yield: 8.0% (estimated 2025)
Revenue Growth: 2.5% (2024)
Investments in smoke-free products: 1 billion USD (by 2025)

Altria Group, Inc. is pursuing a strategy that focuses on diversifying its product portfolio, particularly through investments in smoke-free tobacco products. The company aims to reduce its dependence on traditional cigarettes and instead invest in innovative products such as e-cigarettes and heated tobacco products.

Another focus is on increasing the dividend yield to remain attractive to investors. Altria plans to strengthen its market position in the smoke-free products sector through strategic partnerships and acquisitions.

In addition, Altria is focusing on cost efficiency and operational improvements to increase profitability while investing in new growth areas. This strategy is intended to make the company future-proof in a changing market environment.

Main raw material: Tobacco

Import countries: Brazil, Argentina, Malawi, India

Altria Group, Inc. sources the majority of its tobacco from various countries to ensure the quality and diversity of its products. Brazil and Argentina are important suppliers of high-quality tobacco used in many cigarette blends. Malawi is known for its Burley tobacco, while India is also a significant producer of tobacco imported by Altria.

This diversification of sources allows Altria to better manage fluctuations in the availability and prices of tobacco while ensuring the quality of its products.

Market share in the USA: approx. 48% (estimated 2025)
Dividend yield: approx. 8% (estimated 2025)
Market capitalization: approx. 80 billion USD (estimated 2025)

Altria Group, Inc. possesses a significant competitive advantage, especially due to its strong market position in the tobacco products sector in the USA. With an estimated market share of around 48% in 2025, Altria remains a dominant player in the industry.

Another important aspect of the competitive advantage is the high dividend yield of about 8%, making the company attractive to investors. This yield is a sign of stable earning power and the ability to continuously return capital to shareholders.

Furthermore, Altria benefits from strong brand recognition and a broad product portfolio, allowing the company to maintain its position in a changing market environment. Despite the challenges posed by regulatory changes and the decline in traditional cigarette consumption, Altria is investing in alternative products such as e-cigarettes and smoke-free tobacco products to secure its market position.

Institutional investor share: approx. 60% (estimate 2025)
Insider purchases/sales: No significant transactions in the last year (2025)

The institutional investor share in Altria Group, Inc. is estimated to be around 60%. This is typical for large, established companies, as institutional investors such as pension funds, investment funds, and insurance companies often invest in such companies.

In 2025, there were no significant insider purchases or sales, indicating a stable assessment of the company's value by management and other insiders. Such transactions are often seen as an indicator of executives' confidence in the company's future development.

Market share of Altria Group, Inc.: 45% (estimated for 2025)

Main competitors and their market shares:

1. British American Tobacco (BAT): 25%
2. Philip Morris International (PMI): 20%
3. Japan Tobacco International (JTI): 5%
4. Imperial Brands: 3%
5. Other smaller companies: 2%

Moat of Altria Group, Inc.:

Altria Group, Inc. possesses a significant moat, mainly supported by its strong brand presence, especially Marlboro, and its comprehensive distribution infrastructure. The 45% market share indicates that Altria continues to play a dominant role in the US market. Strong brand loyalty and customer loyalty are crucial factors that reinforce Altria's moat.

Compared to its competitors, Altria has the advantage of a well-established distribution network and a strong brand identity. However, British American Tobacco and Philip Morris International are also strong competitors with global reach and innovative product offerings, especially in the area of smoke-free products.

Altria's moat could be threatened by regulatory challenges and the growing trend towards smoke-free alternatives. While Altria is strong in the US, companies like Philip Morris International have a stronger global presence, giving them an advantage in diversification and access to international markets.

Revenue growth: 2.1% (2024) Profit growth: 1.8% (2024) Dividend yield: 8.0% (2024)

Altria Group, Inc. is known for its stable dividend policy, which offers an attractive dividend yield of 8.0% in 2024. This makes the stock particularly interesting for income-oriented investors who value regular payouts.

The revenue growth of 2.1% and the profit growth of 1.8% in 2024 indicate moderate growth. This reflects the challenges the company faces in a changing market environment, especially given the declining cigarette consumption and regulatory challenges.

Altria continues to invest in alternative products such as e-cigarettes and smoke-free tobacco products to offset the revenue decline in the traditional cigarette business. These strategic initiatives could lead to a long-term diversification of revenue sources.

Overall, Altria stock could be an attractive option for investors seeking high dividends and willing to accept the risks of a changing market. However, long-term growth opportunities heavily depend on the successful implementation of the diversification strategy.

Dividend yield: 8.2% (2025, estimated)
Dividend history: Continuous payout for several decades

Altria Group, Inc. is known for its reliable dividend policy. The company has paid a stable dividend for many years and aims to continue this practice. The dividend yield of 8.2% in 2025 indicates an attractive payout compared to other companies in the industry.

The reliability of the dividend is supported by Altria's strong market position and its ability to generate stable cash flows. Despite regulatory challenges in the tobacco sector, Altria has proven that it is able to maintain its dividend policy. Analysts expect the company to continue its dividend payments in the coming years, provided there are no significant market changes.