Who owns L&M?
L&M is owned by Philip Morris International (the United States, NYSE: PM).[1]
Key facts
- Current owner
- Philip Morris International Inc. verified
- Owned since
- Not recorded
- Previous owner
- None recorded
- Owner HQ
- 🇺🇸 United States, Stamford, Connecticut
- Origin
- 🇺🇸 United States
- Category
- Tobacco & nicotine › Tobacco products › Cigarettes
- Parent ticker
- NYSE: PM
- Last verified
- · 1 sources
About L&M
L&M is one of PMI's leading international cigarette brands, alongside Marlboro, Parliament, Chesterfield and Philip Morris; together the five made up 81% of PMI's 2025 cigarette shipment volume. The name is split under the 2008 PMI/Altria intellectual-property agreement: PMI owns it outside the United States, while Philip Morris USA, an Altria subsidiary, owns it inside the United States, where Altria's 10-K lists L&M as one of its domestic discount brands.
Ownership timeline of L&M
- ? – present Philip Morris International [1] verified
Where L&M sits in Philip Morris International
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Philip Morris International ownership tree →
Other brands owned by Philip Morris International in tobacco & nicotine
See the full Philip Morris International brand portfolio (6) →
Latest news about L&M
No tagged news items yet. Deals, regulatory actions and recalls are added from SEC filings, regulators and trade press; only titles and links are stored.
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Frequently asked questions
Who is the parent company of L&M?
The parent company of L&M is Philip Morris International, a publicly listed company headquartered in the United States.
Is L&M owned by Altria?
No. L&M is owned by Philip Morris International, not Altria.
Is L&M American?
Yes. L&M originated in the United States and its owner, Philip Morris International, is also headquartered in the United States.
Is L&M still owned by Philip Morris International?
Yes. As of 21 September 2026, L&M is still owned by Philip Morris International. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Philip Morris International Inc. Annual Report on Form 10-K filed 2026-02-06 — SEC EDGAR, SEC Form 10-K, published 6 February 2026; retrieved 21 September 2026.
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