Altria Group shares have climbed roughly 25% year to date, beating the broader market's 19% gain and leading major tobacco peers. The stock, which appears in Donald Trump's disclosed portfolio, advanced about 24% over the trailing 12 months, while Philip Morris rose 21% and British American Tobacco and Japan Tobacco each gained 10%. Altria's first-quarter 2026 results topped estimates, with net revenue up 3.2% year over year on pricing and adjusted diluted EPS growth accelerating to 7.3% from 4.4% in 2025. Smokeable segment volume declined just 4%, a sharp improvement from a 12% drop a year earlier, and the on! PLUS nicotine pouch brand rolled out nationwide in March, reaching roughly 100,000 stores and covering 85% of the nicotine pouch category by volume. Despite the rally, the stock trades at about 13 times forward earnings, a 14% discount to the sector median, though its forward PEG ratio near 3.47 runs about 72% above peers and its price-to-sales ratio of roughly 6 times is about six times the sector median, reflecting weak trailing revenue growth of 0.65% and a 20% drop in diluted EPS over the past year.
Altria GroupQ1 results topped estimates with revenue up 3.2% and EPS growth accelerating
Japan Tobacco Inc.
British American Tobacco PLC
Philip Morris International Inc
Bill Com Holdings Inc