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Altria (MO)

Altria Group, Inc. is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products. It operates worldwide and is headquartered in unincorporated Henrico County, Virginia, just outside the city of Richmond. Altria is the parent company of Philip Morris USA , John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., Philip Morris Capital Corporation, and Chateau Ste. Michelle Wine Estates. Altria also maintains large minority stakes in Belgium-based brewer ABInBev, the Canadian cannabis company Cronos Group, and the e-cigarette maker JUUL Labs. It is a component of the S&P 500 and was a component of the Dow Jones Industrial Average from 1985 to 2008, dropping due to spin-offs of Kraft Foods Inc. in 2007 and Philip Morris International in 2008.

Company profile

Ticker
MO
Exchange
Website
CEO
William Gifford
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ALTRIA GROUP INC, PHILIP MORRIS COMPANIES INC
SEC CIK
Subsidiaries
Philip Morris USA Inc. • U.S. Smokeless Tobacco Company LLC • UST LLC ...
IRS number
133260245

MO stock data

Calendar

28 Jul 22
16 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 2.63B 2.63B 2.63B 2.63B 2.63B 2.63B
Cash burn (monthly) 923.67M (no burn) (no burn) (no burn) 171.33M (no burn)
Cash used (since last report) 1.45B n/a n/a n/a 269.17M n/a
Cash remaining 1.18B n/a n/a n/a 2.36B n/a
Runway (months of cash) 1.3 n/a n/a n/a 13.8 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
30 Jun 22 Ellen R Strahlman Phantom Stock Units Common Stock Grant Acquire A No No 41.5922 661 27.49K 4,731
25 May 22 William F. Jr. Gifford Common Stock Gift Dispose G No No 0 1,910 0 492,151
19 May 22 Munoz George Common Stock Grant Acquire A No No 0 3,372 0 95,760
19 May 22 Shanks Virginia E Common Stock Grant Acquire A No No 0 3,372 0 24,554
59.5% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1829 1780 +2.8%
Opened positions 180 266 -32.3%
Closed positions 131 124 +5.6%
Increased positions 729 604 +20.7%
Reduced positions 650 653 -0.5%
13F shares Current Prev Q Change
Total value 55.97B 50.67B +10.5%
Total shares 1.07B 1.07B +0.1%
Total puts 12.26M 12.43M -1.4%
Total calls 13.67M 12.24M +11.7%
Total put/call ratio 0.9 1.0 -11.7%
Largest owners Shares Value Change
Vanguard 157.26M $8.22B +2.0%
BLK Blackrock 119.84M $6.26B +1.8%
Capital World Investors 112.12M $5.86B -0.7%
STT State Street 70.52M $3.75B -1.7%
FMR 51.7M $2.7B +1.1%
Charles Schwab Investment Management 36.3M $1.9B +6.4%
Geode Capital Management 33.06M $1.72B +8.8%
BK Bank Of New York Mellon 21.21M $1.11B -4.3%
GQG Partners 18.3M $956.22M +99.4%
Capital Research Global Investors 18.2M $951.2M -4.5%
Largest transactions Shares Bought/sold Change
GQG Partners 18.3M +9.13M +99.4%
BEN Franklin Resources 4.26M -8.42M -66.4%
RY Royal Bank Of Canada 10.37M -3.96M -27.6%
Citadel Advisors 3.91M +3.15M +417.1%
Vanguard 157.26M +3.1M +2.0%
MS Morgan Stanley 8.83M -2.77M -23.9%
AMP Ameriprise Financial 8.15M -2.75M -25.2%
Geode Capital Management 33.06M +2.66M +8.8%
Coho Partners 116.47K -2.42M -95.4%
Arrowstreet Capital, Limited Partnership 1.46M -2.2M -60.0%

Financial report summary

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Risks
  • The expected benefits of the JUUL transaction may not materialize in the expected manner or timeframe or at all.
  • If the carrying value of our investment in Cronos exceeds its fair value and the loss in value is other than temporary, the investment is considered impaired, which would result in impairment losses and could have a material adverse effect on our consolidated financial position or earnings.
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • When used in this Quarterly Report on Form 10-Q (“Form 10-Q”), the terms “Altria,” “we,” “us” and “our” refer to either (i) Altria Group, Inc. and its consolidated subsidiaries or (ii) Altria Group, Inc. only and not its consolidated subsidiaries, as appropriate in the context.
  • In this Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) section, we refer to the following “adjusted” financial measures: adjusted operating companies income (loss) (“OCI”); adjusted OCI margins; adjusted net earnings attributable to Altria; adjusted diluted earnings per share attributable to Altria; and adjusted effective tax rates. These adjusted financial measures are not required by, or calculated in accordance with, United States generally accepted accounting principles (“GAAP”) and may not be calculated the same as similarly titled measures used by other companies. These adjusted financial measures should thus be considered as supplemental in nature and not considered in isolation or as a substitute for the related financial information prepared in accordance with GAAP. For a further description of these non-GAAP financial measures, see the Non-GAAP Financial Measures section below.

Content analysis

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Positive
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Legalese
Litigous
Readability
H.S. freshman Avg
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