GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Altria Group Inc (XSGO:MO) » Definitions » Accounts Payable & Accrued Expense for Financial Companies

Altria Group (XSGO:MO) Accounts Payable & Accrued Expense for Financial Companies


View and export this data going back to 1985. Start your Free Trial

What is Altria Group Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Altria Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Altria Group Inc (XSGO:MO) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, US Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 42% annual share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev and a 41% stake in cannabis manufacturer Cronos. It also acquired vaping company Njoy Holdings in 2023 and operates a joint venture with Japan Tobacco in the heated tobacco category.