1. United Kingdom Stocks

  2. •

    Consumer Defensive

  3. •

    Tobacco
British American Tobacco p.l.c.

British American Tobacco p.l.c.

BMT.DE
British American Tobacco p.l.c.DE flagDeutsche Börse
52.98
EUR
-0.92
- -
114.69BMarket Cap
British American Tobacco p.l.c.
BMT.DE
(Deutsche Börse)

Recent

price

52.98

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.51
7.82
7.83
8.03
7.5
7.05
7.6
9.57
10.72
11.33
11.28
11.23
12.26
12.24
11.68
11.71
6.05
Revenue per Share
1.45
1.57
1.96
2.05
1.67
2.31
2.5
18.34
2.64
2.5
2.8
2.97
2.95
-6.45
1.39
3.55
1.23
Basic EPS, GAAP
1.46
2
1.87
1.95
1.62
2.22
2.12
2.14
4.09
3.58
3.95
3.92
4.32
4.54
4.3
2.58
1.53
Free Cash Flow per Basic Share
1.06
1.2
1.31
1.37
1.45
1.49
1.57
1.7
1.9
2.01
2.08
2.14
2.18
2.27
2.35
2.4
- -
Dividend per Share
1.86
1.59
1.42
1.53
1.12
1.22
2.07
18.37
17.14
17.88
20.91
21.84
22.97
14.46
12.02
12.75
1.04
Book Value per Share
-1.47
-1.79
-2.03
-2.25
-2.68
-2.91
-2
-27.79
-25.53
-23.92
-22.92
-21.09
-23.65
-19.12
-20
-17.74
-2.55
Tangible Book Value per Share
1,983
1,970
1,939
1,901
1,864
1,858
1,858
2,044
2,285
2,284
2,286
2,287
2,256
2,229
2,214
2,187
2,002
Basic Weighted Avg Shares
14,883
15,399
15,190
15,260
13,971
13,104
14,130
19,564
24,492
25,877
25,776
25,684
27,655
27,283
25,867
25,610
12,122
Sales/Revenue/Turnover
7.24
31.09
35.77
36.51
33.3
34.85
35.23
34.43
38.52
46.69
64.49
52.03
51.63
-31.28
41.11
45.53
-1.68
Operating Margin (%)
504
817
475
477
423
428
607
902
1,038
1,318
1,241
1,019
1,305
24,000
3,062
2,270
425
Depreciation Expense
2,879
3,095
3,797
3,904
3,115
4,290
4,648
37,485
6,032
5,704
6,400
6,801
6,666
-14,367
3,068
7,764
2,457
Net Income, GAAP
28.44
31.56
27.11
27.59
30.01
22.77
22.51
- -
25.64
26.07
24.31
23.89
26.58
- -
10.09
21.24
27.82
Effective Tax Rate (%)
19.34
20.1
25
25.58
22.3
32.74
32.89
191.6
24.63
22.04
24.83
26.48
24.1
-52.66
11.86
30.32
20.27
Profit Margin (%)
1,012
648
1,044
1,082
363
808
503
-1,639
-3,674
-5,549
-1,866
-2,337
-2,444
-1,487
-4,449
-1,840
-139
Working Capital
8,916
8,510
9,083
9,716
9,779
14,806
16,488
44,027
43,284
37,804
39,927
35,666
38,726
35,406
32,638
31,708
9,437
LT Debt
9,548
8,474
7,779
6,935
5,814
5,032
8,406
60,981
65,688
64,160
62,955
67,401
75,710
52,934
49,995
48,145
7,215
Total Equity
3.89
16.59
20.77
21.22
17.31
17.23
15.15
- -
6.23
7.96
11.54
9.43
9.2
- -
10.49
10.62
-0.87
Return on Invested Capital (%)
21.42
22.87
28.65
28.26
21.99
26.47
23.17
- -
8.12
7.94
8.5
8.53
8.32
- -
6.74
14.61
22.04
Return on Capital (%)
90.39
90.52
128.67
137.83
124.85
197.42
152.42
181.14
15.72
14.26
14.44
13.91
13.1
-34.19
10.43
28.5
111.81
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'08
Sep'08
Dec'08
ST Debt
1,760
- -
2,724
LT Borrowings
7,895
- -
9,437
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,007
2,001
1,996
Market Capitalization
39,582
36,445
36,422

Working Capital

FRC

•

in mil. unless spec.
Jun'08
Sep'08
Dec'08
Total Current Assets
7,370
- -
8,739
Cash, Cash Equivalents & STI
2,402
- -
2,388
Accounts Receivable, Net
1,749
- -
1,789
Inventories
2,637
- -
3,177
Total Current Liabilities
5,678
- -
8,878
Payables & Accruals
- -
- -
- -
ST Debt
1,760
- -
2,724
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
67.61%
-3.99%
-3.7%
Free Cash Flow
8.36%
-6.98%
-40.76%
Net Income, GAAP
35.81%
-55.91%
153.06%
Sales/Revenue/Turnover
7.65%
-0.04%
-0.99%
Total Cash Common Dividend
6.86%
2.01%
0.48%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
27,283
2024
- -
- -
- -
- -
25,867
2025
- -
- -
- -
- -
25,610

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-6.45
2024
- -
- -
- -
- -
1.39
2025
- -
- -
- -
- -
3.55

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.27
2024
- -
- -
- -
- -
2.35
2025
- -
- -
- -
- -
2.4
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Business
British American Tobacco p.l.c. (BAT) manufactures and sells cigarettes, combustible tobacco products, and next-generation nicotine products including vapour products, heated tobacco products, and modern oral nicotine pouches; its principal cigarette brands comprise global drive brands such as Dunhill, Kent, Lucky Strike, Pall Mall, and Rothmans, alongside local and regional brands including Camel, Newport, American Spirit, Kool, Vogue, Winfield, State Express 555, and Viceroy; next-generation product brands feature Vuse e-cigarettes, Glo heated tobacco sticks, and Velo nicotine pouches. Founded in 1902 and headquartered in London, England, BAT operates manufacturing facilities in 42 countries, tobacco leaf sourcing and processing in 29 countries, and distribution networks across more than 180 countries worldwide, serving adult consumers in both developed and emerging markets with a focus on combustible tobacco and smokeless alternatives. The company holds a primary listing on the London Stock Exchange (BATS) as a FTSE 100 constituent, a secondary listing on the Johannesburg Stock Exchange, and trades as American Depositary Shares on the New York Stock Exchange (BTI) and in Germany under BMT.DE. In recent developments, BAT completed the final tranche of its strategic investment in Organigram Holdings Inc. in February 2025 to support cannabis opportunities; formed a global partnership with Accenture in July 2025 to transform business operations through analytics, Agentic AI, and process simplification; acquired three additional PACHA synthetic vape products from Charlie’s Holdings in June 2025 for $1.5 million, expanding its US vapour portfolio; launched Dunhill Global Editions cigarettes in Korea in May 2025; expanded related-party transactions with ITC Limited for raw tobacco exports worth up to ₹2,320 crore through FY2027; increased its 2025 share buyback programme to £1.1 billion in June 2025 amid US operations recovery and raised sales growth forecasts; and achieved profitability in its New Categories segment in 2024 ahead of targets.