British American Tobacco PLC

BATS · LSE · Consumer Defensive / Tobacco

4,656.00GBX+53.00 (+1.15%)

Price History

Full chart

Market Stats

Previous Close4,603.00

Open4,596.00

Day Range4,590.00 – 4,660.00

52-Week Range3,473.38 – 5,177.27

Volume2.22M

Market Cap85.21B

P/E (TTM)13.61

Forward P/E10.79

EPS2.91

Dividend Yield6.15%

Beta0.11

50-Day Avg4,237.62

200-Day Avg4,387.29

About

British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa. The company offers vapour products; heated products, which consists of a battery-powered device and a plant-based substance consumable that is heated; modern oral products, such as nicotine pouches; combustibles, including cigarette sticks and other tobacco stick products; traditional oral products, such as snus and moist snuff; and fine cut/roll-your-own tobacco products. It sells its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, and Camel Snus brands, as well as Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, and State Express 555 brands. The company distributes its products to retail outlets. British American Tobacco p.l.c. was founded in 1902 and is headquartered in London, the United Kingdom.

Company Details

SectorConsumer Defensive
IndustryTobacco
CEOMr. Tadeu Luiz Marroco
Employees47.80K
HeadquartersGlobe House, London, United Kingdom, WC2R 2PG, UK
Websitehttps://www.bat.com

Leadership

Mr. Tadeu Luiz MarrocoCEO, Member of Management Board & Executive Director · b. 1966
Mr. Dragos Ionut ConstantinescuCFO & Executive Director · b. 1979
Mr. David WaterfieldMember of Management Board · b. 1973
Mr. Kingsley WheatonChief Corporate Officer & Member of Management Board · b. 1973
Mr. Johan VandermeulenCOO & Member of Management Board · b. 1968
Mr. Paul McCroryDirector of Legal, General Counsel & Member of Management Board · b. 1972
Mr. James BarrettDirector of Business Development & Member of Management Board · b. 1975
Mr. Luciano CominChief Marketing Officer & Member of Management Board · b. 1970
Mr. Zafar Aslam KhanMember of the Management Board & Director of Operations · b. 1973
Mr. Syed Javed IqbalDirector of Digital & Information and Member of Management Board · b. 1973

Financials

Income Statement

Currency: GBP	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	6.77B	7.24B	7.15B	7.12B	9.07B	10.91B	11.37B	10.60B	10.57B	10.77B	9.32B	9.76B	10.02B	12.12B	14.21B	14.88B	15.40B	15.19B	15.26B	13.97B	13.10B	14.13B	19.56B	24.49B	25.88B	25.78B	25.68B	27.66B	27.28B	25.87B	25.61B
Growth (%)	-	+6.94%	-1.23%	-0.45%	+27.42%	+20.32%	+4.18%	-6.78%	-0.28%	+1.87%	-13.40%	+4.69%	+2.62%	+21.00%	+17.21%	+4.75%	+3.47%	-1.36%	+0.46%	-8.45%	-6.21%	+7.83%	+38.46%	+25.19%	+5.65%	-0.39%	-0.36%	+7.67%	-1.35%	-5.19%	-0.99%
Cost of Revenue	-	-	-	-	-	-	-	-	-	5.68B	2.76B	2.87B	2.77B	3.32B	3.95B	3.71B	3.43B	3.31B	3.24B	3.03B	3.03B	3.73B	5.03B	4.60B	4.46B	4.45B	4.60B	4.80B	4.89B	4.44B	4.23B
Gross Profit	6.77B	7.24B	7.15B	7.12B	9.07B	10.91B	11.37B	24.68M	25.62B	5.09B	6.57B	6.89B	7.25B	8.81B	10.26B	11.18B	11.97B	11.88B	12.02B	10.94B	10.07B	10.40B	14.53B	19.89B	21.42B	21.33B	21.09B	22.85B	22.39B	21.43B	21.38B
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	0.23%	242.40%	47.23%	70.40%	70.58%	72.33%	72.64%	72.21%	75.09%	77.75%	78.20%	78.75%	78.31%	76.85%	73.58%	74.27%	81.23%	82.76%	82.75%	82.10%	82.63%	82.07%	82.85%	83.50%
Operating Expense	5.13B	5.53B	5.85B	6.11B	7.59B	9.13B	9.20B	-2.16B	23.84B	2.69B	4.05B	4.19B	4.37B	5.20B	5.94B	6.63B	7.12B	6.44B	6.49B	6.39B	5.51B	5.74B	8.12B	10.58B	12.40B	11.37B	10.85B	12.33B	38.14B	18.70B	11.39B
Operating Income	1.65B	1.71B	1.30B	1.01B	1.48B	1.78B	2.18B	2.18B	1.78B	2.39B	2.51B	2.70B	2.88B	3.60B	4.32B	4.55B	4.86B	5.44B	5.53B	4.55B	4.56B	4.66B	6.41B	9.31B	9.02B	9.96B	10.23B	10.52B	-15.75B	2.74B	10.00B
Operating Margin	24.31%	23.67%	18.22%	14.20%	16.30%	16.34%	19.14%	20.57%	16.81%	22.23%	26.94%	27.62%	28.73%	29.74%	30.39%	30.54%	31.55%	35.83%	36.21%	32.54%	34.78%	32.94%	32.77%	38.02%	34.84%	38.65%	39.85%	38.05%	-57.73%	10.58%	39.04%
EBITDA	1.99B	2.20B	1.48B	1.39B	2.09B	2.41B	2.87B	2.78B	2.38B	4.18B	2.86B	3.53B	3.79B	4.14B	4.70B	4.92B	6.32B	6.65B	6.12B	5.14B	5.61B	5.24B	30.52B	11.02B	11.02B	11.70B	11.67B	12.29B	8.83B	7.74B	14.06B
EBITDA Margin	29.35%	30.34%	20.72%	19.52%	23.05%	22.10%	25.24%	26.26%	22.51%	38.85%	30.68%	36.13%	37.88%	34.16%	33.10%	33.09%	41.01%	43.76%	40.09%	36.79%	42.82%	37.06%	155.99%	45.01%	42.58%	45.38%	45.45%	44.45%	32.35%	29.91%	54.88%
Net Income	860.00M	988.00M	412.00M	346.00M	556.00M	692.00M	1.01B	1.15B	631.00M	2.83B	1.77B	1.90B	2.13B	2.46B	2.71B	2.88B	3.10B	3.80B	3.90B	3.12B	4.29B	4.65B	37.53B	6.03B	5.70B	6.40B	6.80B	6.67B	-14.37B	3.07B	7.76B
Net Income Margin	12.70%	13.64%	5.76%	4.86%	6.13%	6.34%	8.88%	10.87%	5.97%	26.25%	18.95%	19.42%	21.26%	20.27%	19.09%	19.34%	20.10%	25.00%	25.58%	22.30%	32.74%	32.89%	191.85%	24.63%	22.04%	24.83%	26.48%	24.10%	-52.66%	11.86%	30.32%
R&D	43.00M	37.00M	42.00M	45.00M	58.00M	59.00M	59.00M	62.00M	73.00M	67.00M	66.00M	76.00M	91.00M	105.10M	112.10M	117.00M	81.00M	93.00M	91.00M	74.00M	60.00M	53.00M	80.00M	105.00M	126.00M	121.00M	141.00M	323.00M	408.00M	174.00M	133.00M
R&D as % of Total Revenue	0.64%	0.51%	0.59%	0.63%	0.64%	0.54%	0.52%	0.58%	0.69%	0.62%	0.71%	0.78%	0.91%	0.87%	0.79%	0.79%	0.53%	0.61%	0.60%	0.53%	0.46%	0.38%	0.41%	0.43%	0.49%	0.47%	0.55%	1.17%	1.50%	0.67%	0.52%
Interest Expense	306.00M	340.00M	368.00M	355.00M	370.00M	489.00M	409.00M	333.00M	335.00M	368.00M	373.00M	410.00M	382.00M	535.00M	602.00M	583.00M	567.00M	580.00M	614.00M	588.00M	590.00M	675.00M	1.09B	1.63B	1.72B	1.65B	1.49B	1.66B	1.89B	1.10B	1.93B
Interest Expense % of Total Revenue	4.52%	4.70%	5.15%	4.99%	4.08%	4.48%	3.60%	3.14%	3.17%	3.42%	4.00%	4.20%	3.81%	4.41%	4.24%	3.92%	3.68%	3.82%	4.02%	4.21%	4.50%	4.78%	5.59%	6.67%	6.64%	6.42%	5.81%	6.01%	6.92%	4.24%	7.52%

Balance Sheet

Currency: GBP	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	8.06B	8.09B	8.55B	7.45B	16.23B	17.74B	17.23B	16.29M	18.86B	17.77B	19.05B	17.78B	18.76B	27.55B	26.61B	27.86B	27.12B	27.33B	26.88B	26.17B	31.52B	39.77B	141.04B	146.34B	141.00B	137.69B	137.37B	153.55B	118.72B	118.90B	109.29B
Total Liabilities	7.19B	7.06B	8.30B	7.07B	10.96B	12.22B	12.15B	10.83B	14.27B	11.66B	12.17B	11.09B	11.68B	20.34B	18.70B	18.31B	18.64B	19.55B	19.95B	20.35B	26.48B	31.37B	80.01B	80.65B	76.84B	74.73B	69.96B	77.84B	65.78B	68.90B	61.15B
Total Equity	503.00M	701.00M	245.00M	64.00M	4.82B	5.10B	4.75B	5.18B	4.36B	5.92B	6.63B	6.46B	6.87B	6.94B	7.61B	9.21B	8.17B	7.47B	6.63B	5.51B	4.89B	8.18B	60.80B	65.44B	63.90B	62.67B	67.10B	75.37B	52.57B	49.64B	47.93B
Cash	1.23B	1.40B	1.31B	970.00M	1.85B	1.67B	1.97B	1.77B	2.28B	1.85B	1.79B	1.46B	1.26B	2.31B	2.16B	2.33B	2.19B	2.08B	2.11B	1.82B	1.96B	2.20B	3.29B	2.60B	2.53B	3.14B	2.81B	3.45B	4.66B	5.30B	3.83B
Total Debt	3.56B	3.44B	4.60B	3.73B	5.68B	6.15B	6.15B	5.31B	7.61B	7.19B	7.26B	6.63B	6.92B	12.16B	11.08B	10.25B	10.28B	10.72B	11.70B	12.26B	17.00B	19.50B	49.45B	47.51B	45.37B	43.97B	39.66B	43.14B	39.73B	36.95B	35.75B
Net Debt	2.33B	2.04B	3.29B	2.76B	3.82B	4.48B	4.18B	3.54B	5.33B	5.34B	5.47B	5.17B	5.67B	9.85B	8.92B	7.92B	8.08B	8.64B	9.59B	10.44B	15.04B	17.29B	46.16B	44.91B	42.84B	40.83B	36.85B	39.69B	35.07B	31.65B	31.93B

Cash Flow

Currency: GBP	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	546.00M	475.00M	347.00M	165.00M	1.01B	1.08B	1.24B	967.00M	1.21B	1.34B	2.00B	1.88B	2.26B	3.26B	3.17B	3.94B	3.94B	4.43B	4.44B	3.72B	4.72B	4.61B	5.35B	10.29B	9.00B	9.79B	9.72B	10.39B	10.71B	10.13B	4.91B
Investing Cash Flow	-608.00M	-569.00M	-963.00M	760.00M	-1.84B	503.00M	-1.08B	-537.00M	-2.59B	48.00M	-292.00M	-315.00M	-124.00M	-2.51B	-589.00M	-451.00M	-712.00M	-400.00M	-335.00M	-470.00M	-3.99B	-640.00M	-18.54B	-1.02B	-639.00M	-783.00M	-1.14B	-705.00M	-296.00M	1.38B	1.17B
Financing Cash Flow	-22.00M	130.00M	795.00M	-803.00M	856.00M	-1.61B	40.00M	-653.00M	1.46B	-1.72B	-1.78B	-1.95B	-2.23B	29.00M	-2.83B	-3.28B	-3.47B	-3.95B	-3.97B	-3.47B	-219.00M	-4.23B	14.76B	-9.63B	-8.59B	-7.90B	-8.75B	-8.88B	-9.31B	-10.63B	-7.11B
Capital Expenditure	361.00M	360.00M	360.00M	363.00M	193.00M	362.00M	515.00M	490.00M	428.00M	333.00M	381.00M	425.00M	482.00M	544.00M	554.00M	584.00M	617.00M	664.00M	574.00M	529.00M	483.00M	586.00M	791.00M	758.00M	815.00M	755.00M	745.00M	656.00M	460.00M	608.00M	551.00M
Free Cash Flow	185.00M	115.00M	-13.00M	-198.00M	822.00M	718.00M	720.00M	477.00M	779.00M	1.00B	1.62B	1.45B	1.78B	2.86B	2.62B	3.35B	3.32B	3.76B	3.86B	3.19B	4.24B	4.02B	4.56B	9.54B	8.18B	9.03B	8.97B	9.74B	10.25B	9.52B	4.36B
Dividends Paid	-	-	-	-	-	-	-	707.00K	773.00M	856.00M	1.04B	1.01B	1.20B	1.39B	1.80B	2.09B	2.36B	2.54B	2.61B	2.71B	2.77B	2.91B	3.46B	4.35B	4.60B	4.75B	4.90B	4.92B	5.11B	5.21B	5.24B
FCF to OCF	33.88%	24.21%	-3.75%	-120.00%	80.99%	66.48%	58.30%	49.33%	64.54%	75.11%	80.97%	77.36%	78.69%	87.53%	82.55%	85.17%	84.33%	85.00%	87.06%	85.76%	89.77%	87.29%	85.21%	92.64%	90.94%	92.28%	92.33%	93.69%	95.71%	94.00%	88.78%
Dividend Paid to FCF	-	-	-	-	-	-	-	0.15%	99.23%	85.17%	64.34%	69.42%	67.30%	48.77%	68.60%	62.38%	71.00%	67.45%	67.61%	85.10%	65.38%	72.32%	76.05%	45.58%	56.20%	52.54%	54.66%	50.47%	49.87%	54.78%	120.08%

Earnings

Report Date	May 3, 2006	Jul 27, 2006	Oct 26, 2006	Mar 1, 2007	May 3, 2007	Jul 26, 2007	Nov 1, 2007	Feb 28, 2008	May 7, 2008	Jul 31, 2008	Oct 30, 2008	Feb 26, 2009	Feb 24, 2014	Jul 22, 2014	Mar 22, 2016	Jul 28, 2016	Feb 23, 2017	Jul 27, 2017	Feb 22, 2018	Jul 26, 2018	Feb 28, 2019	Aug 1, 2019	Feb 27, 2020	Jul 31, 2020	Feb 17, 2021	Jul 28, 2021	Feb 11, 2022	Jul 27, 2022	Feb 12, 2023	Jul 26, 2023	Nov 2, 2023	Mar 13, 2024	Jul 25, 2024	Feb 13, 2025	Jul 31, 2025	Feb 12, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	1.10	1.00	1.05	1.11	1.35	1.32	1.44	1.37	1.53	1.45	1.73	1.54	1.74	1.54	1.74	1.66	2.01	1.78	1.97	2.01	170.25	1.97	392.80	1.94
EPS Actual	21.62	26.33	21.56	21.76	24.06	28.46	29.34	22.36	29.73	32.31	32.70	27.48	0.00	0.00	0.88	1.43	1.06	1.21	11.47	1.48	1.48	1.49	1.75	1.58	1.74	1.54	1.75	1.67	2.04	1.82	1.97	1.94	0.00	-0.66	1.62	1.87
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-100.00%	-100.00%	-16.41%	28.77%	-21.31%	-8.00%	694.32%	8.31%	-3.55%	3.09%	1.16%	2.36%	-0.19%	-0.03%	0.68%	0.60%	1.46%	2.25%	0.00%	-3.42%	-100.00%	-133.50%	-99.59%	-3.61%
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	Pre-market	-	After-hours	-	-	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap85.21B

Enterprise Value122.89B

Trailing P/E13.61

Forward P/E10.79

PEG Ratio1.40

Price / Sales3.31

Price / Book1.87

EPS2.91

Book Value21.47

Revenue (TTM)25.78B

Gross Profit (TTM)21.32B

EBITDA11.20B

Profit Margin24.99%

Operating Margin34.91%

Return on Equity13.42%

Return on Assets5.12%

Shares Outstanding2.15B

Shares Float1.97B

Beta0.11

Dividend Yield6.15%

Dividend Rate2.45

Payout Ratio130.40%

Dividends

20264×

61.26Dec 24, 202661.26Oct 1, 202661.26Jul 9, 202661.26Mar 26, 2026

20254×

60.06Dec 29, 202560.06Oct 2, 202560.06Jun 26, 202560.06Mar 27, 2025

20244×

58.88Dec 19, 202458.88Sep 26, 202458.88Jun 27, 202458.88Mar 21, 2024

20234×

57.72Dec 21, 202357.72Sep 28, 202357.72Jul 13, 202357.72Mar 23, 2023

20224×

54.45Dec 22, 202254.45Sep 29, 202254.45Jul 7, 202254.45Mar 24, 2022

20214×

53.90Dec 23, 202153.90Sep 30, 202153.90Jul 8, 202153.90Mar 25, 2021

Stock Splits

Sep 8, 19981:2
Mar 20, 19954250:4211
May 26, 19932:1
Jun 1, 1990722:655
Apr 6, 1990785:743