Smokeable Products was Altria’s largest segment in fiscal 2025, bringing in $19.25B of $22.04B (87%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Smokeable Products | $21.46B | $20.67B | $20.07B | $19.25B | |||||||||||
| Oral Tobacco Products | $2.58B | $2.67B | $2.78B | $2.80B | |||||||||||
| Smokeless Products | — | — | — | — | |||||||||||
| Wine | — | — | — | — | |||||||||||
| All Other | $40.00M | -$2.00M | -$2.00M | $5.00M | |||||||||||
| E-Vapor | — | $62.00M | $40.00M | -$13.00M | |||||||||||
| Total | $24.08B | $23.39B | $22.88B | $22.04B |
Altria brought in $22.04B from its four segments in fiscal 2025, the year ended December 31, 2025. That was down 3.7% from $22.88B in fiscal 2024. Smokeable Products was the largest at $19.25B (87.3%), ahead of Oral Tobacco Products at $2.80B (12.7%) and All Other at $5.00M (0.0%).
Compared with fiscal 2024, Oral Tobacco Products grew 0.9% to $2.80B, while Smokeable Products fell 4.1% to $19.25B.
Altria began breaking out E-Vapor in fiscal 2023, when it brought in $62.00M. The total is net of E-Vapor, which took $13.00M off revenue in fiscal 2025.
Pm Usa was Altria’s largest revenue line in fiscal 2017, bringing in $21.83B of $25.61B (85%).
| Consolidated Entities | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|
| Pm Usa | $22.13B | $22.15B | $21.83B |
| Non-Guarantor Subsidiaries | $3.34B | $3.63B | $3.79B |
| Total | $25.48B | $25.78B | $25.61B |
Altria brought in $25.61B from its two revenue lines in fiscal 2017, the year ended December 31, 2017. That was down 0.6% from $25.78B in fiscal 2016. Pm Usa was the largest at $21.83B (85.2%), ahead of Non-Guarantor Subsidiaries at $3.79B (14.8%).
Compared with fiscal 2016, Non-Guarantor Subsidiaries grew 4.2% to $3.79B, while Pm Usa fell 1.4% to $21.83B. From fiscal 2015 to 2017, combined revenue from these revenue lines grew from $25.48B to $25.61B, a compound annual growth rate of 0.3%. Pm Usa's share of the total fell from 86.9% to 85.2%.
Altria (MO) reports its revenue by segment and by consolidated entities. In fiscal 2025, Smokeable Products was its largest segment, bringing in $19.25B (87.3% of the total), followed by Oral Tobacco Products at $2.80B (12.7%).
Smokeable Products was Altria's largest segment in fiscal 2025, bringing in $19.25B, or 87.3% of the $22.04B total across its four segments.
Pm Usa was Altria's largest revenue line in fiscal 2017, bringing in $21.83B, or 85.2% of the $25.61B total across its two revenue lines.
Oral Tobacco Products grew faster than Smokeable Products in fiscal 2025, up 0.9% from $2.78B to $2.80B. Smokeable Products fell 4.1% to $19.25B.
Every figure comes from Altria's annual financial filings, as reported. Each line keeps the name Altria gives it, and years follow its fiscal calendar.
Altria's revenue by segment goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.