Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Altria Group's share price for the quarter that ended in Dec. 2023 was $40.34. Altria Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,763 Mil. Therefore, Altria Group's market cap for the quarter that ended in Dec. 2023 was $71,138 Mil.
Altria Group's quarterly market cap
declined
from Jun. 2023 ($80,441 Mil) to Sep. 2023 ($74,423 Mil) and
declined
from Sep. 2023 ($74,423 Mil) to Dec. 2023 ($71,138 Mil).
Altria Group's annual market cap
declined
from Dec. 2021 ($86,401 Mil) to Dec. 2022 ($81,617 Mil) and
declined
from Dec. 2022 ($81,617 Mil) to Dec. 2023 ($71,138 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Altria Group's Enterprise Value for Today is $96,182 Mil.
Altria Group Market Cap Historical Data
The historical data trend for Altria Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Tobacco subindustry, Altria Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Altria Group Market Cap Distribution
For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Altria Group's Market Cap falls into.
Altria Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Altria Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Altria Group (NYSE:MO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Altria Group Market Cap Related Terms
Thank you for viewing the detailed overview of Altria Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds 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 U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.
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