British American Tobacco p.l.c. (LON:BATS)
London · Delayed Price · Currency is GBP · Price in GBX 4,570.00
+4.00 (0.09%)
Jul 31, 2026, 4:38 PM GMT
LON:BATS Income Statement
Financials in millions GBP. Fiscal year is January - December.
Millions GBP. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 25,776 | 25,610 | 25,867 | 27,283 | 27,655 | 25,684 | |
Revenue Growth | 0.65% | -0.99% | -5.19% | -1.34% | 7.67% | -0.36% |
Cost of Revenue | 4,455 | 4,443 | 4,570 | 4,891 | 4,579 | 4,597 |
Gross Profit | 21,321 | 21,167 | 21,297 | 22,392 | 23,076 | 21,087 |
Selling, General & Admin | 4,388 | 4,200 | 3,951 | 3,856 | 3,829 | 3,808 |
Other Operating Expenses | 5,594 | 4,997 | 5,316 | 5,146 | 6,660 | 5,341 |
Operating Expenses | 12,368 | 11,411 | 11,501 | 32,963 | 11,574 | 10,179 |
Operating Income | 8,953 | 9,756 | 9,796 | -10,571 | 11,502 | 10,908 |
Interest Expense | -1,722 | -1,774 | -1,772 | -1,832 | -1,627 | -1,471 |
Interest & Investment Income | 184 | 214 | 251 | 186 | 92 | 35 |
Earnings From Equity Investments | 396 | 1,681 | 1,900 | 585 | 442 | 415 |
Currency Exchange Gain (Loss) | -111 | 360 | -2 | 432 | -631 | 260 |
Other Non Operating Income (Expenses) | 645 | -666 | -111 | -618 | 464 | -288 |
EBT Excluding Unusual Items | 8,345 | 9,571 | 10,062 | -11,818 | 10,242 | 9,859 |
Merger & Restructuring Charges | -66 | -66 | - | 2 | -774 | -150 |
Impairment of Goodwill | -277 | -277 | -39 | -4,614 | - | -57 |
Gain (Loss) on Sale of Investments | 21 | 21 | -6 | - | - | -24 |
Gain (Loss) on Sale of Assets | 22 | 22 | 62 | -446 | 33 | -358 |
Asset Writedown | -37 | -37 | -828 | - | - | - |
Legal Settlements | 305 | 601 | -6,303 | -156 | -177 | -81 |
Other Unusual Items | 24 | 24 | 590 | -29 | - | -26 |
Pretax Income | 8,337 | 9,859 | 3,538 | -17,061 | 9,324 | 9,163 |
Income Tax Expense | 1,909 | 2,094 | 357 | -2,872 | 2,478 | 2,189 |
Earnings From Continuing Operations | 6,428 | 7,765 | 3,181 | -14,189 | 6,846 | 6,974 |
Minority Interest in Earnings | 14 | -1 | -113 | -178 | -180 | -173 |
Net Income | 6,442 | 7,764 | 3,068 | -14,367 | 6,666 | 6,801 |
Preferred Dividends & Other Adjustments | 93 | 87 | 42 | 45 | 49 | 12 |
Net Income to Common | 6,349 | 7,677 | 3,026 | -14,412 | 6,617 | 6,789 |
Net Income Growth | -17.30% | 153.70% | - | - | -2.53% | 6.08% |
Shares Outstanding (Basic) | 2,173 | 2,187 | 2,214 | 2,229 | 2,256 | 2,287 |
Shares Outstanding (Diluted) | 2,185 | 2,199 | 2,225 | 2,229 | 2,267 | 2,297 |
Shares Change | -0.66% | -1.17% | -0.18% | -1.68% | -1.31% | 0.09% |
EPS (Basic) | 2.92 | 3.51 | 1.37 | -6.47 | 2.93 | 2.97 |
EPS (Diluted) | 2.91 | 3.49 | 1.36 | -6.47 | 2.92 | 2.96 |
EPS Growth | -16.75% | 156.69% | - | - | -1.25% | 5.99% |
Free Cash Flow | 6,853 | 5,791 | 9,639 | 10,254 | 9,871 | 9,190 |
Free Cash Flow Per Share | 3.14 | 2.63 | 4.33 | 4.60 | 4.35 | 4.00 |
Dividend Per Share | 2.450 | 2.450 | 2.402 | 2.355 | 2.178 | 2.156 |
Dividend Growth | 0% | 2.00% | 2.00% | 8.14% | 1.02% | 2.47% |
Gross Margin | 82.72% | 82.65% | 82.33% | 82.07% | 83.44% | 82.10% |
Operating Margin | 34.73% | 38.09% | 37.87% | -38.75% | 41.59% | 42.47% |
Profit Margin | 24.63% | 29.98% | 11.70% | -52.82% | 23.93% | 26.43% |
Free Cash Flow Margin | 26.59% | 22.61% | 37.26% | 37.58% | 35.69% | 35.78% |
EBITDA | 11,199 | 11,758 | 11,822 | 13,265 | 12,445 | 11,809 |
EBITDA Margin | 43.45% | 45.91% | 45.70% | 48.62% | 45.00% | 45.98% |
D&A For EBITDA | 2,246 | 2,002 | 2,026 | 23,836 | 943 | 901 |
EBIT | 8,953 | 9,756 | 9,796 | -10,571 | 11,502 | 10,908 |
EBIT Margin | 34.73% | 38.09% | 37.87% | -38.75% | 41.59% | 42.47% |
Effective Tax Rate | 22.90% | 21.24% | 10.09% | - | 26.58% | 23.89% |