How Does The New Company Stack Up To The Competition?
- Philip Morris International Inc.
- Altria Group Inc (NYSE: MO) - $139 billion.
- British American Tobacco - $129 billion.
- Reynolds American - $89 billion.
- Tokyo-listed Japan Tobacco Inc (TYO: 2914) - $68 billion.
Keeping this in consideration, who are the largest tobacco companies?
Largest tobacco companies worldwide in 2017, based on net sales (in billion U.S. dollars)
|Net sales in billion U.S. dollars|
|Imperial Tobacco Group||39.2|
|Philip Morris International||26.7|
|British American Tobacco||19.9|
Is tobacco harmful on its own?
It isn't the stuff that can cause serious illness and death from cancer, lung, and heart disease. Those culprits are the tar and toxic gases that are released from burning tobacco when you smoke. Nicotine is a chemical that is dangerous not because it causes cancer but because it can addict you to cigarettes.
How much is big tobacco worth?
According to The Tobacco Atlas, estimates of revenues from the global tobacco industry likely approach a half trillion U.S. dollars annually. In 2010, the combined profits of the six leading tobacco companies was U.S. $35.1 billion, equal to the combined profits of Coca-Cola, Microsoft, and McDonald's in the same year.