Richmond-based Altria Group, Inc. (MO) leads in providing tobacco products for U.S. consumers aged 21 and above. With a market cap of 76.9 billion, its combustible offerings include cigarettes and cigars, while smoke-free options encompass moist smokeless tobacco and oral nicotine pouches. Altria’s subsidiaries include top manufacturers of combustible and smoke-free products, such as Philip Morris USA Inc. (PM USA) and U.S. Smokeless Tobacco Company LLC (USSTC). It also holds equity stakes in Anheuser-Busch InBev SA/NV (ABI.BR) and Cronos Group Inc. (CRON), further diversifying its portfolio.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and Altria fits right into that category. Its market cap exceeds this threshold, reflecting its substantial size, stability, and influence in the tobacco sector.
