Subsidiaries of ALTRIA GROUP, INC. as disclosed in its SEC filing
Entity
Jurisdiction
Note
NJOY, LLC
Delaware
Philip Morris USA Inc.
Virginia
U.S. Smokeless Tobacco Company LLC
Virginia
UST LLC
Virginia
Financial health
Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.
Piotroski F-score
6 / 9
PASSReturn on assets positiveROA 19.8%
PASSOperating cash flow positiveOCF 9.3B
FAILReturn on assets improving32.0% → 19.8%
PASSCash flow exceeds earningsOCF 9.3B vs NI 6.9B
FAILLong-term debt ratio falling66.5% → 68.9% of assets
PASSCurrent ratio improving0.51 → 0.65
PASSNo share dilution1.7B → 1.7B shares
PASSGross margin improving59.8% → 62.5%
FAILAsset turnover improving0.68× → 0.66×
Altman Z-score
4.77safe
Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.
Six-year record
Year
Revenue
Net income
Free cash flow
Gross margin
Shares
FY2020
$26.2B
$4.5B
$8.2B
49.8%
1,859,000,000
FY2021
$26.0B
$2.5B
$8.2B
53.8%
1,845,000,000
FY2022
$25.1B
$5.8B
$8.1B
56.8%
1,804,000,000
FY2023
$24.5B
$8.1B
$9.1B
58.3%
1,777,000,000
FY2024
$24.0B
$11.3B
$8.6B
59.8%
1,718,000,000
Ownership flow
15 institutions tracked — 10 added, 5 reduced. Index money added 424,688 shares while active managers cut 1,400,439.
Institutional holders of ALTRIA GROUP, INC. and their share-count change
Manager
Kind
Shares
Change
Value
MORGAN STANLEY
Active fund
22,702,935
−1,752,794
$1.6B
STATE STREET CORP
Index
70,192,620
−1,599,699
$5.1B
BlackRock, Inc.
Index
126,073,166
+1,325,175
$9.1B
JPMORGAN CHASE & CO
Active fund
12,207,565
−848,701
Capital returned
What the company actually paid out and bought back, as reported — the record behind any yield figure.
Dividend per share
2026Q2
$1.06
2026Q1
$1.06
2025Q3
$1.06
2025Q2
$1.02
2025Q1
$1.02
2024Q3
$1.02
Shares repurchased
2026Q1
$280.0M
2025Q1
$326.0M
2024Q1
$2.4B
2023Q1
$0
2022Q1
$576.0M
2021Q1
$325.0M
Identity
CIK
0000764180
LEI
XSGZFLO9YTNO9VCQV219
FIGI
BBG000BP6LJ8
SIC
2111 · Cigarettes
Incorporated
VA
Headquarters
RICHMOND, VA
Employees
9,900
Founded
1985-01-01
Ownership
Institutional
65.2%
Institutions
3,052
Insiders
0.1%
Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.
Questions about ALTRIA GROUP, INC.
How many subsidiaries does ALTRIA GROUP, INC. file with the SEC?
4, listed in its most recent exhibit 21. They are incorporated across 2 jurisdictions (Delaware, Virginia). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is ALTRIA GROUP, INC. financially healthy?
ALTRIA GROUP, INC. scores 6 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of ALTRIA GROUP, INC.?
Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.
This page is one panel of the terminal
The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.
Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.
Cash conversion
133.7%
Share count change
-2.0%
FY2025
$23.3B
$6.9B
$9.1B
62.5%
1,683,000,000
$904.0M
GEODE CAPITAL MANAGEMENT, LLC
Index
47,721,870
+699,212
$3.4B
AQR CAPITAL MANAGEMENT LLC
Hedge fund
5,940,353
+610,528
$427.4M
CITADEL ADVISORS LLC
Hedge fund
6,394,157
−319,918
$460.1M
BANK OF AMERICA CORP /DE/
Active fund
15,351,862
+252,041
$1.1B
PRICE T ROWE ASSOCIATES INC /MD/
Active fund
4,838,426
+195,545
$348.1M
WELLINGTON MANAGEMENT GROUP LLP
Active fund
783,686
+159,265
$56.4M
FMR LLC
Active fund
6,010,922
+113,016
$432.5M
RENAISSANCE TECHNOLOGIES LLC
Hedge fund
1,781,400
+104,900
$128.2M
Capital World Investors
Active fund
18,480,673
+64,574
$1.3B
Bridgewater Associates, LP
Hedge fund
1,727,216
+21,705
$124.3M
Point72 Asset Management, L.P.
Hedge fund
1,105,900
−600
$79.6M
From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.