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
60.53
-1.16 (-1.88%)
Pre-market: Jul 31, 2026, 5:38 AM EDT

BTI Statistics

Total Valuation

BTI has a market cap or net worth of $132.43 billion. The enterprise value is $176.45 billion.

Market Cap132.43B
Enterprise Value 176.45B

Important Dates

The last earnings date was Thursday, July 30, 2026, before market open.

Earnings Date Jul 30, 2026
Ex-Dividend Date Jul 10, 2026

Share Statistics

BTI has 2.17 billion shares outstanding. The number of shares has decreased by -1.22% in one year.

Current Share Class n/a
Shares Outstanding 2.17B
Shares Change (YoY) -1.22%
Shares Change (QoQ) -0.78%
Owned by Insiders (%) 0.51%
Owned by Institutions (%) 88.18%
Float 1.97B

Valuation Ratios

The trailing PE ratio is 16.00 and the forward PE ratio is 12.27.

PE Ratio 16.00
Forward PE 12.27
PS Ratio 3.87
Forward PS 5.04
PB Ratio 2.05
P/TBV Ratio n/a
P/FCF Ratio 14.36
P/OCF Ratio 13.23
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.00, with an EV/FCF ratio of 19.13.

EV / Earnings 20.95
EV / Sales 5.16
EV / EBITDA 11.00
EV / EBIT 14.26
EV / FCF 19.13

Financial Position

The company has a current ratio of 0.84, with a Debt / Equity ratio of 0.72.

Current Ratio 0.84
Quick Ratio 0.48
Debt / Equity 0.72
Debt / EBITDA 2.90
Debt / FCF 5.04
Interest Coverage 5.42

Financial Efficiency

Return on equity (ROE) is 13.42% and return on invested capital (ROIC) is 8.51%.

Return on Equity (ROE) 13.42%
Return on Assets (ROA) 5.12%
Return on Invested Capital (ROIC) 8.51%
Return on Capital Employed (ROCE) 9.91%
Weighted Average Cost of Capital (WACC) 4.65%
Revenue Per Employee $458,540
Profits Per Employee $112,945
Employee Count74,583
Asset Turnover 0.24
Inventory Turnover 0.90

Taxes

In the past 12 months, BTI has paid $2.53 billion in taxes.

Income Tax 2.53B
Effective Tax Rate 22.90%

Stock Price Statistics

The stock price has increased by +16.90% in the last 52 weeks. The beta is 0.13, so BTI's price volatility has been lower than the market average.

Beta (5Y) 0.13
52-Week Price Change +16.90%
50-Day Moving Average 61.49
200-Day Moving Average 58.58
Relative Strength Index (RSI) 51.42
Average Volume (20 Days) 4,035,171

Short Selling Information

The latest short interest is 6.88 million, so 0.40% of the outstanding shares have been sold short.

Short Interest 6.88M
Short Previous Month 5.84M
Short % of Shares Out 0.40%
Short % of Float n/a
Short Ratio (days to cover) 1.56

Income Statement

In the last 12 months, BTI had revenue of $34.20 billion and earned $8.42 billion in profits. Earnings per share was $3.86.

Revenue34.20B
Gross Profit 28.29B
Operating Income 11.88B
Pretax Income 11.06B
Net Income 8.42B
EBITDA 16.04B
EBIT 12.38B
Earnings Per Share (EPS) $3.86
Full Income Statement

Balance Sheet

The company has $3.36 billion in cash and $46.52 billion in debt, with a net cash position of -$43.16 billion or -$19.94 per share.

Cash & Cash Equivalents 3.36B
Total Debt 46.52B
Net Cash -43.16B
Net Cash Per Share -$19.94
Equity (Book Value) 64.48B
Book Value Per Share 28.49
Working Capital -3.12B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $10.01 billion and capital expenditures -$783.40 million, giving a free cash flow of $9.22 billion.

Operating Cash Flow 10.01B
Capital Expenditures -783.40M
Depreciation & Amortization 3.02B
Net Borrowing -1.27B
Free Cash Flow 9.22B
FCF Per Share $4.26
Full Cash Flow Statement

Margins

Gross margin is 82.72%, with operating and profit margins of 34.73% and 24.99%.

Gross Margin 82.72%
Operating Margin 34.73%
Pretax Margin 32.34%
Profit Margin 24.99%
EBITDA Margin 46.22%
EBIT Margin 35.67%
FCF Margin 26.59%

Dividends & Yields

This stock pays an annual dividend of $3.20, which amounts to a dividend yield of 5.19%.

Dividend Per Share $3.20
Dividend Yield 5.19%
Dividend Growth (YoY) 4.87%
Years of Dividend Growth 3
Payout Ratio 83.10%
Buyback Yield 1.22%
Shareholder Yield 6.41%
Earnings Yield 6.36%
FCF Yield 6.97%
Dividend Details

Analyst Forecast

The average price target for BTI is $68.24, which is 10.62% higher than the current price. The consensus rating is "Buy".

Price Target $68.24
Price Target Difference 10.62%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (3Y) 3.34%
EPS Growth Forecast (3Y) 5.90%
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 1.7 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.7
Piotroski F-Score 6