Financial Strength

Altria Group has an outstanding long-term track record of creating value for shareholders. For example, the company has increased its dividend 54 times in the last 50 years.*
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Altria Group has an outstanding long-term track record of creating value for shareholders. For example, the company has increased its dividend 54 times in the last 50 years.*
 ​​
  Green Right
​From 2013 to 20181 we produced adjusted diluted earnings per share growth at a compounded annual rate of approximately 10.9 percent2 and we’ve consistently grown our dividend. Over this period, we’ve produced total shareholder returns of 59.2 percent, which exceed both the​ S&P 500 and S&P Food, Beverage and Tobacco Index.​
Strategies for Long-Term Growth​
Altria is focused on the following strategies to create substantial value for its shareholders:​
 
Maximize income from our combustible tobacco businesses​
 
Grow income over time with non-combustible tobacco products​
​​
 
Manage our diverse income streams and strong balance sheet to deliver consistent financial performance over the long term​
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Highlights from Altria's Leading Operating Companies
Altria’s tobacco operating companies have leading positions in the most profitable tobacco categories in the United States: cigarettes, smokeless tobacco products and tipped machine-­made large cigars. Altria’s tobacco operating companies’ performance is driven by a focus on four premium brands: Marlboro, Black & Mild, Copenhagen and Skoal. Each of these brands has superior brand equity and strong adult demographics that support premium pricing. Altria’s tobacco operating companies focus on brand momentum, which we view as continued strength across a variety of brand metrics, including brand equity, demographics, retail share and profitability. 
​Philip Morris USA​ is the largest tobacco company in the U.S. and has more than half of the retail share in the highly profitable U.S. cigarette category.​ Its strategy is to maximize income, while maintaining momentum on Marlboro over time.

U.S. Smokeless Tobacco Company​ is the world's largest smokeless tobacco company. Our goal is to be the leading oral tobacco and oral nicotine products company with products that appeal to a diverse set of adult tobacco consumers and have the potential to reduce harm.​

​John Middleton​​ manufactures large machine-made cigars and pipe tobacco. Its strategy is to maximize income, while maintaining momentum on Black & Mild over time.
Nat Sherman​ is a super-premium cigarette and cigar business founded in New York City in 1930.​
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​Ste. Michelle Wine Estates​​ has a strong portfolio of premium brands and a widely respected leadership team. 

Altria's tobacco companies are complemented by our e-vapor, alcohol and cannabis assets, which help give Altria the most diverse business model amongst our U.S. peers. 
  • Our 35 percent economic interest in JUUL Labs, Inc. provides Altria access to the leading U.S. e-vapor company and a significant international opportunity.*
  • Our approximately 10.1 percent economic interest in AB InBev, the world’s largest global brewer, allows us to participate in the global beer profit pool.​
  • Our 45 percent ownership in Cronos Group positions Altria to compete in the emerging global cannabis sector.
For a complete review of Altria's financial condition and results of operations, including the various factors that could cause our actual results to differ materially from our projections, please see our periodic reports​​ (Annual Report on Form 10-K and Quarterly Reports on Form 10-Q) filed with the U.S. Securities and Exchange Commission.​
Our 2018 Financial Performance3​
Net Revenues ($ in millions)
$25,744
2016
$25,576
2017
$25,364
2018
Annualized Dividends per Share
$2.44
August 2016
$2.64
August 2017
$3.20
August 2018
 Other 2017 Direct Economic Value4
$70.5
million
in cash
contributions to
communities
$290
million
in charges for
FDA user fees
$5,737
million
in excise taxes
on products sold
$5,415
million
in dividends paid
on common
stock
$618
million
paid against
pension and
post-retirement
benefits
$4,199
million
in charges to
state settlement
agreements
​​