British American Tobacco p.l.c. (BTI)
NYSE: BTI · Real-Time Price · USD
61.69
-1.38 (-2.19%)
At close: Jul 30, 2026, 4:00 PM EDT
60.66
-1.03 (-1.67%)
Pre-market: Jul 31, 2026, 7:01 AM EDT

BTI Cash Flow Statement

Millions GBP. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
3,2287,7653,181-14,1896,8466,974
Depreciation & Amortization
2,7192,5473,10128,6141,3051,076
Other Adjustments
1,5132,496-485-1,1264,2833,690
Change in Receivables
-396-295-269-487-42-393
Changes in Inventories
36011235265-246433
Changes in Accounts Payable
198-207586403183
Changes in Income Taxes Payable
-3,798-2,926-1,854-2,622-2,537-2,314
Changes in Other Operating Activities
-2,603-3,1506,358-38178268
Operating Cash Flow
7,4356,34210,12510,71410,3949,717
Operating Cash Flow Growth
17.23%-37.36%-5.50%3.08%6.97%-0.70%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-582-551-486-460-523-527
Sale of Property, Plant & Equipment
2437145543131
Purchases of Intangible Assets
-145-153-122-141-133-218
Proceeds from Sale of Intangible Assets
253139273-
Purchases of Investments
-22-54-216-448-257-369
Proceeds from Sale of Investments
812848299405128141
Cash Acquisitions
-51-29-48-37-39-133
Proceeds from Business Divestments
-1881,0561,577159--98
Other Investing Activities
2022021871458533
Investing Cash Flow
751,3871,375-296-705-1,140

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
1,3174,8642,4045,1343,2672,659
Long-Term Debt Repaid
-2,264-4,992-4,991-6,931-3,205-4,997
Net Long-Term Debt Issued (Repaid)
-947-128-2,587-1,79762-2,338
Repurchase of Common Stock
-1,474-1,173-792-110-2,092-82
Net Common Stock Issued (Repurchased)
-1,474-1,173-792-110-2,092-82
Common Dividends Paid
-5,263-5,238-5,213-5,055-4,915-4,904
Other Financing Activities
-1,833-2,223-2,040-2,352-1,933-1,425
Financing Cash Flow
-9,308-8,762-10,632-9,314-8,878-8,749

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
102-76-281-292431-253
Net Cash Flow
-1,696-1,3175871,180874-425

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
6,8535,7919,63910,2549,8719,190
Free Cash Flow Growth
18.34%-39.92%-6.00%3.88%7.41%-0.92%
FCF Margin
26.59%22.61%37.26%37.58%35.69%35.78%
Free Cash Flow Per Share
3.142.634.334.604.354.00
Levered Free Cash Flow
1,7893,4617,6939,8925,5123,427
Unlevered Free Cash Flow
3,3833,6999,67212,9566,5106,708
SEC Filings: 10-K · 10-Q