filings.toolsAltria Group (MO) 10-K/A risk factor changes: FY2025 vs FY2024
The 2025-12-31 10-K/A against the 2024-12-31 one, compared heading by heading and sentence by sentence.
All filing items15 rewritten3 added5 removed73 unchanged
Summary
counted, not written
- Item 1A headings could not be compared: the parser did not find an Item 1A in both filings.
- Sentence by sentence, 3 added, 5 removed, 15 rewritten and 73 unchanged across 2 items that differ.
Sentences by item
2 items, with every count and a link to each item that changed
| Item | Added | Removed | Rewritten | Unchanged |
|---|---|---|---|---|
| Cover and table of contents | 0 | 2 | 8 | 56 |
| Item 15. Exhibits and Financial Statement Schedules. | 3 | 3 | 7 | 17 |
Underlined words on a shaded ground are new in FY2025; struck-through words were in FY2024. Sentences that are wholly new or wholly gone are labelled rather than marked.
Cover and table of contents
8 rewritten, 0 added, 2 removed, 56 unchanged
For the fiscal year ended December 31, [removed: 2024][added: 2025]
| [removed: (State] [added: State] or other jurisdiction of incorporation or [removed: organization)] [added: organization] | | | | | | | | | (I.R.S. Employer Identification No.) | | |
[removed: (Registrant’s] [added: Registrant’s] telephone number, including area [removed: code)][added: code 804-274-2200]
As of June [removed: 28, 2024,] [added: 30, 2025,] the last business day of the registrant’s most recently completed second fiscal quarter, the aggregate market value of the registrant’s common stock held by non-affiliates of the registrant was approximately [removed: $78] [added: $98] billion based on the closing sale price of the common stock as reported on the New York Stock Exchange.
| Class | | | Outstanding at February [removed: 14, 2025] [added: 13, 2026] | | | | | |
| Common Stock, $0.33 1/3 par value | | | [removed: 1,690,661,641] [added: 1,671,898,087] | | | shares | | |
This Amendment No. 1 to the Annual Report on Form 10-K (this “Amendment”) of Altria Group, Inc. (“Altria”) amends Altria’s Annual Report on Form 10-K for the year ended December 31, [removed: 2024,] [added: 2025,] which Altria filed with the Securities and Exchange Commission (“SEC”) on February [removed: 26, 2025] [added: 25, 2026] (the “Original Form 10-K”).
Altria is filing this Amendment to amend Item 15 of the Original Form 10-K to include the consolidated financial statements of its foreign equity investee, Anheuser-Busch InBev SA/NV (“ABI”), as of December 31, [removed: 2024] [added: 2025] and [removed: 2023] [added: 2024] and for the years ended December 31, [removed: 2024, 2023] [added: 2025, 2024] and [removed: 2022] [added: 2023] (the “ABI Financial Statements”) in accordance with Rule 3-09 of SEC Regulation S-X.
804-274-2200
| 1.700% Notes due 2025 | | | MO25 | | | New York Stock Exchange | | |
Item 15. Exhibits and Financial Statement Schedules.
7 rewritten, 3 added, 3 removed, 17 unchanged
(a) The ABI Financial Statements and report of PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL (Diegem, Belgium) (PCAOB ID: 1350) found on pages F-1 to [removed: F-83] [added: F-85] in Exhibit 99.3 are incorporated by reference in response to the requirements of this Item 15(a).
| 23.1 | | | | | | [Consent of PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL, independent registered public accounting [removed: firm](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit231june2025consento.htm).] [added: firm](https://www.sec.gov/Archives/edgar/data/764180/000076418026000077/exhibit231may2026consentof.htm).] | | |
| 31.3 | | | | | | [Certification of Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of [removed: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit313june2025.htm)] [added: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418026000077/exhibit313may2026.htm)] | | |
| 31.4 | | | | | | [Certification of Chief Financial Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of [removed: 2002](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit314june2025.htm).] [added: 2002](https://www.sec.gov/Archives/edgar/data/764180/000076418026000077/exhibit314may2026.htm).] | | |
| 32.3 | | | | | | [Certification of Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of [removed: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit323june2025.htm)] [added: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418026000077/exhibit323may2026.htm)] | | |
| 32.4 | | | | | | [Certification of Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of [removed: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit324june2025.htm)] [added: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418026000077/exhibit324may2026.htm)] | | |
| 99.3 | | | | | | [Anheuser-Busch InBev SA/NV consolidated financial statements as of December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm) [and 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm) [and] [added: 2025 and 2024 and] for the years ended December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[, 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm) [and 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[2](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[;] [added: 2025, 2024] and [added: 202](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001668717/000119312526088105/d65314d20f.htm)[3](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001668717/000119312526088105/d65314d20f.htm)[; and] Independent Registered Public Accounting Firm’s Report as of December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm) [and 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm) [and] [added: 2025 and 2024 and] for the years ended December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[, 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm) [and 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[2](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[.] [added: 2025, 2024 and 2023.] Incorporated by reference to Anheuser-Busch InBev SA/NV’s Annual Report on Form 20-F for the year ended December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[.](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)] [added: 2025.](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001668717/000119312526088105/d65314d20f.htm)] | | |
| By: | | | /s/ HEATHER A. NEWMAN | | |
| | | | (Heather A. Newman | | |
Date: May 27, 2026
| By: | | | /s/ SALVATORE MANCUSO | | |
| | | | (Salvatore Mancuso | | |
Date: June 4, 2025