NYSE: BTI
British American Tobacco p.l.c.
Consumer Defensive · Tobacco
Market Cap
$124.02B
52w High
$67.30
52w Low
$49.88
P/E
14.34
Volume
1.92M
Outstanding Shares
2.16B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 4.66% over the last year. Revenue grew 1.06% over the trailing twelve months. Operating margin moved from 13.86% to 37.26%. Free cash flow declined 30.24% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 37.26%. A decisive move in revenue — currently up 1.06% — would be the clearest signal to resolve the ambiguity.
Company profile
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa.
Valuation
Stock splits
Every 1 shares became 2
Every 2 shares became 1
Every 2 shares became 1
Every 1 shares became 2
Every 1 shares became 4
Profitability & growth
Analyst consensus
12
Buy
4
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Feb 11, 2027
Q4 FY26 · EPS est $2.64 · Revenue est $18.59B
View
Dividends
$1.67/shareSemi-annual3yr growth streakAdequateBTI pays a dividend with a 2.9% declared yield, 3 consecutive years of growth, growing at 2.98% annually, covered 1.1× by free cash flow.
Declared Yield
2.9%
Annual Div / Share
$1.67
TTM $2.43
5yr CAGR
+2.98%
Doubles every ~23.6yr
Payout Ratio
81.7%
Adequate
Dividend Growth Rate
3yr CAGR
+6.3%
5yr CAGR
+2.98%
10yr CAGR
+3.37%
Dividend History
Annual dividends paid per share
Income Projection
Today
$2/mo
In 5 yrs
$3/mo
In 10 yrs
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$29/yr $2/mo | $34/yr+16% $3/mo | $39/yr+34% $3/mo |
Yield-on-cost grows from 2.9% → 3.9% over 10yr
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
High payout ratio
With 81.7% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.