NYSE: BTI
British American Tobacco p.l.c.
Consumer Defensive · Tobacco
Market Cap
$129.24B
52w High
$67.30
52w Low
$46.38
P/E
12.58
Volume
1.35M
Outstanding Shares
2.16B
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock rose 25.89% over the last year. Revenue declined 0.99% over the trailing twelve months. Operating margin moved from 10.58% to 39.04%. Free cash flow declined 39.15% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying 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 39.04%. A decisive move in revenue — currently down 0.99% — 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 Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.
Valuation
Stock splits
Every 1 shares became 2
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
Jul 30, 2026
Q2 FY26 · EPS est $2.20 · Revenue est $16.54B
View
Dividends
$1.67/shareSemi-annualAdequateBTI pays a dividend with a 2.79% declared yield, growing at 3.21% annually, covered 1.1× by free cash flow.
Declared Yield
2.79%
Annual Div / Share
$1.67
TTM $2.41
5yr CAGR
+3.21%
Doubles every ~21.9yr
Payout Ratio
67.66%
Adequate
Dividend Growth Rate
3yr CAGR
+2.49%
5yr CAGR
+3.21%
10yr CAGR
+3.16%
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 |
|---|---|---|
$28/yr $2/mo | $33/yr+17% $3/mo | $38/yr+37% $3/mo |
Yield-on-cost grows from 2.79% → 3.83% over 10yr