British American Tobacco p.l.c. (BTI)
NYSE: BTI · Real-Time Price · USD
57.87
-0.72 (-1.23%)
At close: Mar 6, 2026, 4:00 PM EST
57.97
+0.10 (0.17%)
After-hours: Mar 6, 2026, 7:53 PM EST

BTI Statistics

Total Valuation

BTI has a market cap or net worth of $124.33 billion. The enterprise value is $166.44 billion.

Market Cap124.33B
Enterprise Value 166.44B

Important Dates

The last earnings date was Thursday, February 12, 2026, before market open.

Earnings Date Feb 12, 2026
Ex-Dividend Date Dec 30, 2025

Share Statistics

BTI has 2.17 billion shares outstanding. The number of shares has decreased by -1.17% in one year.

Current Share Class n/a
Shares Outstanding 2.17B
Shares Change (YoY) -1.17%
Shares Change (QoQ) -0.54%
Owned by Insiders (%) 1.06%
Owned by Institutions (%) 83.59%
Float 2.04B

Valuation Ratios

The trailing PE ratio is 12.03 and the forward PE ratio is 11.88.

PE Ratio 12.03
Forward PE 11.88
PS Ratio 3.61
Forward PS 4.67
PB Ratio 1.92
P/TBV Ratio n/a
P/FCF Ratio 16.01
P/OCF Ratio 14.57
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.52, with an EV/FCF ratio of 21.44.

EV / Earnings 16.11
EV / Sales 4.83
EV / EBITDA 10.52
EV / EBIT 12.68
EV / FCF 21.44

Financial Position

The company has a current ratio of 0.87, with a Debt / Equity ratio of 0.73.

Current Ratio 0.87
Quick Ratio 0.56
Debt / Equity 0.73
Debt / EBITDA 2.96
Debt / FCF 6.08
Interest Coverage 5.50

Financial Efficiency

Return on equity (ROE) is 15.82% and return on invested capital (ROIC) is 9.68%.

Return on Equity (ROE) 15.82%
Return on Assets (ROA) 5.34%
Return on Invested Capital (ROIC) 9.68%
Return on Capital Employed (ROCE) 10.29%
Weighted Average Cost of Capital (WACC) 4.41%
Revenue Per Employee $462,148
Profits Per Employee $138,536
Employee Count74,583
Asset Turnover 0.22
Inventory Turnover 0.99

Taxes

In the past 12 months, BTI has paid $2.82 billion in taxes.

Income Tax 2.82B
Effective Tax Rate 21.24%

Stock Price Statistics

The stock price has increased by +45.84% in the last 52 weeks. The beta is 0.06, so BTI's price volatility has been lower than the market average.

Beta (5Y) 0.06
52-Week Price Change +45.84%
50-Day Moving Average 59.04
200-Day Moving Average 54.47
Relative Strength Index (RSI) 38.24
Average Volume (20 Days) 5,763,506

Short Selling Information

The latest short interest is 5.94 million, so 0.34% of the outstanding shares have been sold short.

Short Interest 5.94M
Short Previous Month 5.55M
Short % of Shares Out 0.34%
Short % of Float n/a
Short Ratio (days to cover) 1.16

Income Statement

In the last 12 months, BTI had revenue of $34.47 billion and earned $10.33 billion in profits. Earnings per share was $4.70.

Revenue34.47B
Gross Profit 28.49B
Operating Income 13.13B
Pretax Income 13.27B
Net Income 10.33B
EBITDA 15.83B
EBIT 13.13B
Earnings Per Share (EPS) $4.70
Full Income Statement

Balance Sheet

The company has $5.17 billion in cash and $47.20 billion in debt, with a net cash position of -$42.03 billion or -$19.34 per share.

Cash & Cash Equivalents 5.17B
Total Debt 47.20B
Net Cash -42.03B
Net Cash Per Share -$19.34
Equity (Book Value) 64.80B
Book Value Per Share 28.51
Working Capital -2.48B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $8.54 billion and capital expenditures -$741.59 million, giving a free cash flow of $7.76 billion.

Operating Cash Flow 8.54B
Capital Expenditures -741.59M
Free Cash Flow 7.76B
FCF Per Share $3.57
Full Cash Flow Statement

Margins

Gross margin is 82.65%, with operating and profit margins of 38.09% and 30.32%.

Gross Margin 82.65%
Operating Margin 38.09%
Pretax Margin 38.50%
Profit Margin 30.32%
EBITDA Margin 45.91%
EBIT Margin 38.09%
FCF Margin 22.52%

Dividends & Yields

This stock pays an annual dividend of $3.13, which amounts to a dividend yield of 5.41%.

Dividend Per Share $3.13
Dividend Yield 5.41%
Dividend Growth (YoY) 6.47%
Years of Dividend Growth 3
Payout Ratio 66.66%
Buyback Yield 1.17%
Shareholder Yield 6.58%
Earnings Yield 8.31%
FCF Yield 6.24%
Dividend Details

Analyst Forecast

The average price target for BTI is $62.00, which is 7.14% higher than the current price. The consensus rating is "Strong Buy".

Price Target $62.00
Price Target Difference 7.14%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 2.89%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on February 14, 2017. It was a forward split with a ratio of 2:1.

Last Split Date Feb 14, 2017
Split Type Forward
Split Ratio 2:1

Scores

BTI has an Altman Z-Score of 1.64 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.64
Piotroski F-Score 7