A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Item 4 - Information on the Company Item 4.A - History and development of the company Corporate Information The Company is a public limited company incorporated under the name of British American Tobacco p.l.c. and is registered in England and Wales under registered number 3407696. It was incorporated in July 1997 under the laws of England and Wales as a public limited company and is domiciled in the United Kingdom. Its registered office is at Globe House, 4, Temple Place, WC2R 2PG, London. Telephone: +44 (0)20 7845 1000. The Company’s agent for service in the U.S. for the purposes of the registration statements on Form F-3 (registration no. 333-288448) is Puglisi & Associates, 850 Library Avenue, Suite 204, Newark, Delaware 19711 U.S. The U.S. Securities and Exchange Commission (the SEC) maintains an internet site that contains BAT’s reports and other information (for example, BAT’s Form 20-F and other documents) filed electronically with the SEC.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 33.8B | 33.8B | 33.1B | 34.1B | 34.1B | 35.3B |
| Net Income | 10.3B | 10.3B | 4.1B | -17.7B | 8.4B | 9.6B |
| EPS | $4.73 | $4.73 | $1.79 | $-8.28 | $3.69 | $4.17 |
| Free Cash Flow | 7.6B | 7.6B | 12.3B | 12.8B | 12.8B | 12.6B |
| ROIC | 9.9% | 9.8% | 2.9% | -14.0% | 9.1% | 7.5% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.73 | 0.73 | 0.74 | 0.75 | 0.57 | 0.59 |
| Dividends/Share | $3.19 | $3.19 | $2.93 | $2.95 | - | $2.93 |
| Operating Income | 13.2B | 13.2B | 3.5B | -19.7B | 13.0B | 14.1B |
| Operating Margin | 39.0% | 39.0% | 10.6% | -57.7% | 38.1% | 39.8% |
| ROE | 16.1% | 15.8% | 6.2% | -22.1% | 9.0% | 10.7% |
| Shares Outstanding | 2,168M | 2,168M | 2,280M | 2,139M | 2,286M | 2,299M |
British American Tobacco p.l.c. passes 4 of 9 quality checks, suggesting mixed fundamentals.
British American Tobacco p.l.c. trades at 12.0x trailing earnings, compared to its 15-year median P/E of 8.1x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 16.1x vs a median of 5.3x. The company's 5-year average ROIC is 3.1%. Total shareholder yield (dividends) is 5.5%. At current prices, the estimated annualized return to fair value is +2.2%.
British American Tobacco p.l.c. (BTI) has a current P/E ratio of 12.0, compared to its historical median P/E of 8.1. The stock is currently considered Fair based on its historical valuation range.
British American Tobacco p.l.c. (BTI) has a 5-year average return on invested capital (ROIC) of 3.1%. This is below average and may indicate limited pricing power.
British American Tobacco p.l.c. (BTI) has a market capitalization of $127.2B. It is classified as a large-cap stock.
Yes, British American Tobacco p.l.c. (BTI) pays a dividend with a trailing twelve-month yield of 5.44%. The company also returns capital through share buybacks, with a buyback yield of 0.06%.
Based on historical P/E analysis, British American Tobacco p.l.c. (BTI) appears fair. The current P/E of 12.0 is 47% above its historical median of 8.1. The estimated fair value CAGR (P/E method) is -12.8%.
British American Tobacco p.l.c. (BTI) operates in the Cigarettes industry, within the Consumer Defensive sector.
British American Tobacco p.l.c. (BTI) reported annual revenue of $33.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
British American Tobacco p.l.c. (BTI) has a net profit margin of 30.3%. This is a strong margin indicating high profitability.
British American Tobacco p.l.c. (BTI) generated $7.6 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
British American Tobacco p.l.c. (BTI) has a debt-to-equity ratio of 0.73. This indicates moderate leverage.
British American Tobacco p.l.c. (BTI) reported earnings per share (EPS) of $4.73 in its most recent fiscal year.
British American Tobacco p.l.c. (BTI) has a return on equity (ROE) of 15.8%. This indicates the company generates strong returns for shareholders.
The Ledger Terminal provides 11 years of financial data for British American Tobacco p.l.c. (BTI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
British American Tobacco p.l.c. (BTI) has a book value per share of $29.32, based on its most recent annual SEC filing.