OakChart

British American Tobacco Plc ADR

BTIConsumer Defensive·Tobacco·United Kingdom·Large·NYSE·Nov 11 • 3:59 PM ET

61.05+0.23 (0.38%)
2026-11-11 23:29 CET
Market cap
130,677.85 USD m
Revenue, TTM
34,590.98 USD m
Net income, TTM
8,521.15 USD m
Free cash flow, TTM
7,303.23 USD m
EPS diluted, TTM
3.90
P/E
15.64
Compare

Price

BTI against its 20, 50 and 200-day averages
2050200beat
55.0060.0065.007.6M15.3MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26BTIclose 61.0520-day 60.4350-day 57.31200-day 59.2761.0552w high52w low

9.3% under the 52-week high of 67.30 on 14 May 2026. 52-week low 52.06 on 5 Oct 2026. Last 15 sessions, 9.1% high to low

Volume 0.47× normal · the line is the 50-bar volume average

Profile

BTI
52-week range, 59% of the way up
52.0667.30

British American Tobacco plc is a holding company, which engages in the manufacture and distribution of tobacco products. Its brands include Kent, Dunhill, Lucky Strike, and Pall Mall. It operates through the following geographical segments: United States, Americas and Europe (AME), and Asia-Pacific, Middle East, and Africa (APMEA). The company was founded by James Buchanan Duke on September 29, 1902 and is headquartered in London, the United Kingdom.

Employees47797
IPOApr 14, 1980
Beta0.29
ATR, 14d1.26
Rel volume0.47
Short float0.26%
Insider own0.09%
Inst own17.88%

Snapshot

6 groups

Valuation

Index-
Market Cap131.17B
Enterprise Value174.63B
Income8.52B
Sales34.59B
Book/sh29.65
Cash/sh1.56
Dividend Est.3.37 (5.52%)
Dividend TTM3.30 (5.41%)
Dividend Ex-DateDec 29, 2026
Dividend Gr. 3/5Y4.54% 2.41%
Payout71.20%
Employees47797
IPOApr 14, 1980

Ratios

P/E15.64
Forward P/E11.81
PEG2.34
P/S3.79
P/B2.06
P/C39.02
P/FCF17.96
EV/EBITDA10.41
EV/Sales5.05
Quick Ratio0.50
Current Ratio0.84
Debt/Eq0.72
LT Debt/Eq0.64
Option/ShortYes / Yes

Earnings

EPS (ttm)3.90
EPS next Y5.17
EPS next Q-
EPS this Y-0.03%
EPS next Y7.59%
EPS next 5Y5.05%
EPS past 3/5Y8.59% 5.20%
Sales past 3/5Y-0.29% 0.45%
EPS Y/Y TTM117.22%
Sales Y/Y TTM4.47%
EPS Q/Q-25.97%
Sales Q/Q5.16%
EarningsJul 30 BMO
EPS/Sales Surpr.1.81% 0.04%

Ownership

Insider Own0.09%
Insider Trans0.00%
Inst Own17.88%
Inst Trans0.40%
ROA5.78%
ROE13.27%
ROIC8.08%
Gross Margin60.95%
Oper. Margin37.94%
Profit Margin24.63%
SMA201.03%
SMA506.52%
SMA2003.01%
Trades-

Technical

Shs Outstand2.17B
Shs Float2.15B
Short Float0.26%
Short Ratio1.10
Short Interest5.56M
52W High67.30 -9.29%
52W Low52.06 17.27%
Volatility1.95% 1.55%
ATR (14)1.26
RSI (14)57.25
Beta0.29
Rel Volume0.47
Avg Volume5.03M
Volume2,343,870

Performance

Perf Week-3.05%
Perf Month9.70%
Perf Quarter6.45%
Perf Half Y-6.58%
Perf YTD7.82%
Perf Year9.49%
Perf 3Y100.16%
Perf 5Y73.68%
Perf 10Y14.17%
Recom1.57
Target Price70.73
Prev Close60.82
Price61.05
Change %0.38%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 10, 2026ResumedJJP MorganOverweight
Nov 02, 2026UpgradeGGoldmanNeutral → Buy
Jul 22, 2026InitiatedBBTIG ResearchBuy
Dec 12, 2025InitiatedKKeplerBuy
Sep 08, 2025UpgradeAArgusHold → Buy$62+1.6%
Sep 02, 2025DowngradeRRBC Capital MktsSector Perform → Underperform
Jul 09, 2025ResumedJJefferiesBuy
Apr 30, 2025ResumedBBofA SecuritiesBuy
Jan 27, 2025UpgradeUUBSNeutral → Buy
Oct 03, 2024DowngradeMMorgan StanleyOverweight → Underweight$33-45.9%

Peers

Mkt cap
TickerCompanyMkt cap
PMPhilip Morris International Inc306.04B
MOAltria Group Inc128.73B
TPBTurning Point Brands Inc1.17B
UVVUniversal Corp945.98M
ULUnilever plc ADR141.71B
BUDAnheuser-Busch InBev SA/NV ADR147.10B
DEODiageo plc ADR55.80B
PEPPepsiCo Inc196.15B
KOCoca-Cola Co419.74B
PGProcter & Gamble Co388.62B

Held by

AUM
TickerCompanyAUM
CGXUCapital Group International Focus Equity ETFAUM: 6.41B
CGCVCapital Group Conservative Equity ETFAUM: 2.43B
FVDFirst Trust Value Line Dividend Index FundAUM: 8.21B
PIDInvesco International Dividend Achievers ETFAUM: 881.07M
IDVOAmplify CWP International Enhanced Dividend Income ETFAUM: 1.37B
BDYNiShares Dynamic Equity Active ETFAUM: 3.07B
BGIGBahl & Gaynor Income Growth ETFAUM: 2.30B
BFLXiShares Flexible Equity Active ETFAUM: 2.15B
FENIFidelity Enhanced International ETFAUM: 11.73B
DFIVDimensional International Value ETFAUM: 22.39B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026S12026-07-302.2522.2121.95116,42916,4236
2025S22026-02-122.5542.5041.94818,43217,8261
2025S12025-07-312.1442.2352.64016,63116,2371
2024S22025-02-132.5052.441-0.84717,74517,7452
2024S12024-07-252.1802.1862.53415,89016,2172
2023S22024-02-082.4532.487-10.31019,42818,8492
2023S12023-07-262.3472.2412.17017,36917,1322
2022S22023-02-092.4652.4562.46817,85718,6844
2022S12022-07-272.0142.0361.06015,48315,7443
2021S22022-04-302.370-2.09918,315-2
2021S12021-07-282.1392.1351.96616,88616,8975
2020S22021-05-032.411-1.67418,711--
2020S12020-07-312.0711.9721.89816,10615,3184
2019S22020-04-112.246-1.58817,666-2
2019S12019-08-011.5011.8501.58914,78615,2305
2018S22019-05-212.116-1.88716,965--

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY4.1684.1793.17633,24833,390
2020FY4.5964.4933.57635,71134,842
2021FY4.4754.4264.06534,93834,520
2022FY4.5204.4953.59533,65834,035
2023FY4.7354.763-8.03734,39234,995
2024FY4.5404.5561.73832,39532,584
2025FY4.8084.5924.76736,06734,422
2026FY-4.806--35,053
2027FY-5.171--36,318
2028FY-5.574--37,633
2029FY-6.375--39,612
2030FY-7.145--41,822

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026S2S2026-10-3050118,61118,27418,742
2026S2S2026-10-2050118,59818,27418,742
2026S2S2026-10-1950218,59818,27418,742
2026S2S2026-10-1451218,59818,27418,742
2026S2S2026-09-2961218,58018,27418,742
2026S2S2026-09-1761118,61118,46418,742
2026S2S2026-09-0461118,63518,48518,742
2026S2S2026-09-0161118,64018,48518,742
2026S2S2026-08-1951118,62818,48518,742
2026S2S2026-08-0651218,62818,48518,742
2026S2S2026-08-0551118,78518,48519,417
2026S2S2026-07-3050118,74418,48519,417
2026S2S2026-07-2040118,76118,48519,417
2026S2S2026-07-1030118,54218,48518,605

Estimate history

EPS, annual23.5373.5093.1763.5764.0653.595-8.0371.7384.601
Period201720182019202020212022202320242025
EPS, quarterly
Period
Sales, annual25127.98532637.7432996.98933033.45535363.18834084.58933977.57933095.33933789.388
Period201720182019202020212022202320242025
Sales, quarterly
Period
Shares, annual2286.8822286.2342285.5992288.1912288.4182229.9472230.4562202.4452173.334
Period201720182019202020212022202320242025
Shares, quarterly
Period

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue34,590.9833,789.3933,095.3433,977.5834,084.5935,363.1933,033.4632,996.9932,637.74
Cost of Goods Sold Incl. D&A13,508.4612,641.2012,177.5510,180.5910,186.8210,856.659,802.3210,496.7811,189.93
Gross Profit21,082.5121,148.1920,917.7923,796.9823,897.7724,506.5423,231.1422,500.2121,447.81
Selling, General and Administrative Excl. Other8,259.587,689.8915,802.708,366.9810,121.549,567.998,911.988,635.488,441.78
Research and Development-175.28222.34224.99169.99193.92155.16160.74140.01
Other Operating Expense-301.8713.18310.51-165.33-889.35-269.56-241.08-199.02-105.34
Operating Income13,124.8013,445.124,804.5715,595.3314,665.5715,208.1114,560.2414,063.7513,111.37
Interest Expense2,231.952,414.371,595.992,405.312,029.972,053.332,121.012,191.722,141.45
Unusual Expense351.311,398.281,477.1535,480.431,056.871,036.981,741.823,103.87562.70
Net Income Before Taxes10,657.2610,777.712,093.06-21,934.8910,940.6712,031.1610,537.119,458.3310,576.56
Income Taxes2,561.352,759.66456.18-3,570.043,052.353,010.542,703.202,631.852,854.82
Consolidated Net Income8,502.6410,118.764,011.05-17,693.608,372.419,574.878,417.387,461.808,280.44
Net Income From Continuing Operations8,521.1510,117.443,866.66-17,914.868,150.699,336.948,207.077,276.828,043.10
Net Income8,521.1510,117.443,866.66-17,914.868,150.699,336.948,207.077,276.828,043.10
EPS (Recurring)4.035.052.203.113.924.384.114.123.68
EPS (Basic, Before Extraordinaries)3.924.631.75-8.043.614.083.593.193.52
EPS (Diluted)3.904.601.74-8.043.604.063.583.183.51
EBITDA16,774.1016,403.787,703.9316,668.0815,972.4916,513.2715,629.7215,251.4614,431.44
Non-Operating Income (Expense)115.721,145.25361.62355.51-638.06-86.64-160.29690.17169.34
Other After Tax Adjustments-124.71-114.66-53.67-55.94-60.36-16.500.000.000.00
Stock Option Compensation Expense-88.9670.9268.9984.8186.8994.52124.00132.85
Price To Earnings Ratio15.5015.50-6.2912.609.1710.4613.339.09
Price To Sales Ratio3.893.682.441.922.662.432.602.952.24
Gross Margin60.9562.5963.2070.0470.1169.3070.3368.1965.71
Operating Margin37.9439.7914.5245.9043.0343.0144.0842.6240.17
Net Margin24.6329.9411.68-52.7323.9126.4024.8422.0524.64
Shares Outstanding2,165.322,173.332,202.452,230.462,229.952,288.422,288.192,285.602,286.23
Market Capitalization130,677.85130,677.8580,038.3865,331.0589,139.4185,618.0285,700.6497,077.5773,079.51

Income statement, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S22023S12022S2
Total Revenue16,458.0718,132.9115,649.8017,460.7115,607.4317,346.9816,575.1217,367.46
Cost of Goods Sold Incl. D&A6,736.586,771.895,918.115,649.856,525.025,111.865,074.525,061.30
Gross Profit9,721.4911,361.029,731.6911,810.869,082.4112,235.1211,500.6012,306.16
Selling, General and Administrative Excl. Other3,559.304,700.283,097.8012,600.833,960.044,415.074,303.785,574.60
Other Operating Expense-126.45-175.42-98.55-151.02-282.05-241.87-294.73-798.72
Operating Income6,288.646,836.166,732.44-638.955,404.428,061.927,491.547,530.29
Interest Expense1,112.451,119.501,139.79449.201,139.571,293.321,113.56943.19
Unusual Expense103.58247.741,041.252,120.79-579.2734,895.73792.93-542.66
Net Income Before Taxes5,196.365,460.905,316.45-2,988.214,999.69-28,397.826,183.147,072.20
Income Taxes1,108.411,452.941,308.36-882.911,316.64-5,188.301,563.671,591.57
Consolidated Net Income4,304.524,198.115,890.88-1,805.845,739.59-22,867.394,948.735,707.32
Net Income From Continuing Operations4,253.414,267.755,822.16-1,865.215,654.85-22,995.224,855.015,588.69
Net Income4,253.414,267.755,822.16-1,865.215,654.85-22,995.224,855.015,588.69
EPS (Recurring)1.992.032.97-0.172.350.642.422.30
EPS (Basic, Before Extraordinaries)1.961.962.65-0.852.54-10.312.182.48
EPS (Diluted)1.951.952.64-0.852.53-10.312.172.47
EBITDA8,123.448,650.668,278.10198.787,453.378,541.908,083.478,156.34
Non-Operating Income (Expense)123.75-8.03765.05220.73155.57-270.69598.09-57.55
Price To Earnings Ratio15.5031.3427.89--6.297.1312.60
Price To Sales Ratio3.893.673.152.422.091.932.192.66
Gross Margin59.0762.6562.1867.6458.1970.5369.3870.86
Operating Margin38.2137.7043.02-3.6634.6346.4745.2043.36
Net Margin25.8423.5437.20-10.6836.23-132.5629.2932.18
Shares Outstanding2,165.322,173.332,195.682,202.452,221.272,230.462,229.952,229.95
Market Capitalization130,677.85122,999.02103,608.2180,038.3868,543.3565,331.0574,050.2889,139.41

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments5,169.037,276.446,705.454,841.674,422.284,621.663,509.263,540.614,539.83
Short Term Receivables5,746.054,597.564,835.325,432.305,509.905,194.415,583.824,663.926,104.96
Inventories5,894.015,781.086,294.966,821.657,150.148,198.978,073.037,678.537,932.53
Other Current Assets251.52246.72248.591,439.87264.12591.89418.62234.34315.19
Total Current Assets17,060.6117,901.8118,084.3118,535.4917,346.4418,606.9217,584.7316,117.4118,892.51
Net Property, Plant & Equipment6,029.865,484.265,842.415,854.516,708.596,916.777,309.976,579.426,604.13
Total Investments and Advances2,675.302,702.682,800.742,732.993,035.322,986.793,078.722,970.042,988.22
Long-Term Note Receivable387.37353.18409.21289.90284.43330.80328.54872.421,022.68
Intangible Assets116,930.58118,071.26121,822.44155,264.32156,608.28157,668.11157,363.08157,942.96159,333.66
Deferred Tax Assets2,733.143,222.431,161.34820.38827.57729.95561.69438.12450.47
Other Assets1,183.641,173.501,218.711,202.901,243.39976.00569.641,460.821,519.14
Total Assets147,000.51148,909.11151,339.16184,700.48186,054.02188,215.35186,796.37186,381.17190,810.80
Short Term Debt Incl. Current Port. of LT Debt4,522.065,400.355,512.24170.814,783.924,841.749,389.834,782.376,733.99
Accounts Payable12,546.6311,960.4212,365.5612,569.1012,971.5713,249.8512,885.8413,539.6412,050.30
Income Tax Payable1,518.562,105.281,264.601,261.841,190.561,186.51904.801,086.38973.98
Other Current Liabilities948.264,007.68837.547,473.621,565.741,879.561,755.291,388.221,351.40
Total Current Liabilities19,535.5123,473.7319,979.9421,475.3720,511.7921,157.6524,935.7720,796.6121,109.66
Long Term Debt42,648.8540,875.8345,135.5746,583.5148,307.8154,578.2150,080.8555,126.5059,557.52
Provision for Risks Charges5,329.096,125.491,800.021,663.612,209.112,612.242,446.812,542.112,942.23
Deferred Tax Liabilities13,911.8514,626.7815,542.3622,167.0422,296.9622,300.4222,586.9922,639.5123,171.25
Other Liabilities817.791,193.541,401.011,739.391,437.071,510.481,749.991,616.201,538.08
Total Liabilities82,243.0886,295.3783,858.8993,628.9294,762.74102,159.01101,800.41102,720.93108,318.75
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity64,462.8762,172.8967,011.1490,660.1790,884.9585,670.8684,654.1783,349.4882,191.74
Total Shareholders Equity64,462.8762,172.8967,011.1490,660.1790,884.9585,670.8684,654.1783,349.4882,191.74
Accumulated Minority Interest294.57440.84469.13411.39406.33385.48341.79310.76300.31
Total Equity64,757.4362,613.7467,480.2691,071.5691,291.2886,056.3484,995.9683,660.2482,492.05
Total Liabilities & Stockholders Equity147,000.51148,909.11151,339.16184,700.48186,054.02188,215.35186,796.37186,381.17190,810.80
Book Value Per Share29.6628.2330.0440.6639.7237.4437.0436.4635.94
Tangible Book Value Per Share-24.14-25.38-24.57-28.97-28.72-31.46-31.81-32.63-33.73
Full-Time Employees47,79748,98952,00050,39752,05055,98159,98963,87762,270
Price to Book Ratio2.051.180.711.020.941.001.150.876.23
Return on Assets6.842.58-10.664.404.994.383.904.2640.24
Return on Equity15.985.99-22.728.9810.589.648.669.71104.60
Return on Invested Capital9.453.75-15.975.946.715.855.405.8134.06
Quick Ratio0.570.520.590.550.500.490.380.410.52
Current Ratio0.870.760.910.860.850.880.710.780.89

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income8,820.9810,233.424,064.72-17,637.668,432.7714,074.8612,774.8211,502.0612,418.00
Depreciation3,295.452,958.662,899.361,072.751,306.921,305.161,069.481,187.711,384.07
Other Funds (Non Cash)-164.05-1,481.31-245.3435,619.651,097.52-3,919.62-3,600.85-3,554.21-4,204.22
Funds from Operations11,845.5011,626.433,620.0411,990.4810,837.2011,460.4110,243.459,135.579,597.85
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-3,757.73-5,151.637,380.64-582.99126.87-85.27139.78400.582,120.11
Cash from Operating Activities8,087.776,474.7911,000.6911,407.4910,964.0811,375.1410,383.239,536.1511,717.96
Capital Expenditures-980.70-927.79-776.91-747.07-808.05-1,024.60-968.18-1,039.73-1,257.40
Net Assets From Acquisitions-94.99-63.26-61.33-45.99-49.27-317.700.00-109.71-57.34
Sale of Fixed Assets and Businesses1,441.821,435.182,200.39264.7738.1944.01128.2468.8973.34
Purchase or Sale of Investments-305.571,046.40106.06-53.45-158.90-313.57-203.89188.81-204.01
Purchase of Investments-32.13-71.17-276.01-556.89-316.57-507.49-439.85-243.67-426.69
Sale Or Maturity of Investments-273.441,117.57382.07503.44157.67193.92235.95432.48222.68
Other Uses-258.270.000.000.000.000.000.000.000.00
Other Sources39.1946.1349.8333.563.700.000.000.000.00
Cash from Investing Activities-158.521,536.661,518.04-548.19-974.34-1,611.86-1,043.84-891.74-1,445.41
Cash Dividends Paid-7,174.35-6,903.11-6,661.24-6,283.63-6,054.20-6,744.49-6,084.77-5,865.85-5,796.31
Change in Capital Stock-1,918.38-1,545.89-1,012.03-136.74-2,576.882,199.11-23.08-149.26-185.34
Repurchase of Common Pref Stock-1,918.38-1,545.89-1,012.03-136.74-2,576.88-112.77-23.08-149.26-185.34
Sale of Common Pref Stock0.000.000.000.000.002,311.890.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.002,311.890.000.000.00
Issuance or Reduction of Debt, Net-361.13-155.51-3,094.86-2,032.39274.69-5,315.55-1,034.86-1,777.10-4,646.91
Change in Long Term Debt0.000.000.000.000.000.00-0.00-
Issuance of Long Term Debt0.000.000.000.000.000.00-0.00-
Reduction of Long Term Debt0.000.000.000.000.000.00-0.00-
Net Financing Active Other Cash Flow16.65-482.35-383.34-795.55-405.26104.52-534.74-915.98-118.67
Other Financing Activities Uses-1,393.49-1,867.45-389.73-800.53-412.65-214.55-537.31-919.81-189.34
Cash from Financing Activities-10,380.19-9,372.84-11,409.59-9,486.97-8,990.76-9,999.83-7,921.10-8,945.48-10,747.24
Exchange Rate Effect130.69-100.16-359.07-362.97-453.30-347.95-324.44-72.72-184.01
Net Change in Cash-2,320.25-1,461.54750.081,009.36545.68-584.501,093.85-373.79-658.70
Free Cash Flow7,303.235,748.6410,379.6710,835.6810,319.8510,650.359,727.948,689.0610,707.24
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow1,042.74-21.7314.3421.2522.0023.6234.4614.87
Deferred Taxes & Investment Tax Credit--84.34-3,098.69-7,064.260.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S2
Cash & Short Term Investments3,361.925,169.036,705.127,276.448,380.986,705.45
Short Term Receivables5,720.455,746.054,909.964,597.564,723.944,835.32
Inventories6,430.535,894.016,972.345,781.086,742.716,294.96
Other Current Assets311.90251.52426.18246.72216.16248.59
Total Current Assets15,824.8017,060.6119,013.6117,901.8120,063.8018,084.31
Net Property, Plant & Equipment5,603.656,029.865,699.295,484.265,596.175,842.41
Total Investments and Advances2,463.382,675.303,303.912,702.682,729.192,800.74
Intangible Assets115,586.22116,930.58118,155.69118,071.26119,710.27121,822.44
Deferred Tax Assets2,731.482,733.143,335.433,222.431,204.691,161.34
Other Assets1,219.741,183.641,152.461,173.501,188.251,218.71
Total Assets143,857.97147,000.51151,048.20148,909.11150,894.35151,339.16
Short Term Debt Incl. Current Port. of LT Debt5,332.894,522.064,527.645,400.359,235.515,512.24
Accounts Payable11,382.5012,546.6311,295.8011,960.4211,398.3912,365.56
Income Tax Payable1,332.561,518.561,606.052,105.281,496.691,264.60
Other Current Liabilities902.53948.264,490.644,007.68676.29837.54
Total Current Liabilities18,950.4819,535.5121,920.1223,473.7322,806.8919,979.94
Long Term Debt41,204.4842,648.8543,719.6540,875.8341,528.2145,135.57
Deferred Tax Liabilities13,738.3613,911.8514,295.4914,626.7815,014.9815,542.36
Other Liabilities253.50817.791,008.581,193.541,270.421,401.01
Total Liabilities79,360.2682,243.0886,399.2086,295.3782,040.0983,858.89
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity64,211.0364,462.8764,233.7962,172.8968,401.7267,011.14
Total Shareholders Equity64,211.0364,462.8764,233.7962,172.8968,401.7267,011.14
Accumulated Minority Interest286.69294.57415.22440.84452.55469.13
Total Equity64,497.7164,757.4364,649.0062,613.7468,854.2667,480.26
Total Liabilities & Stockholders Equity143,857.97147,000.51151,048.20148,909.11150,894.35151,339.16
Book Value Per Share29.6529.6629.2528.2330.7930.04
Tangible Book Value Per Share-23.73-24.14-24.56-25.38-23.10-24.57
Price to Book Ratio2.051.941.681.181.030.71
Return on Assets5.786.822.622.52-10.30-10.80
Return on Equity13.2715.945.975.87-21.63-23.01
Return on Invested Capital4.033.985.39-1.815.14-20.50
Quick Ratio0.500.570.550.520.580.59
Current Ratio0.840.870.870.760.880.91

Cash flow, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S2
Net Income4,342.194,478.795,919.41-1,660.105,766.15-25,100.75
Depreciation1,834.801,460.651,545.66879.892,048.95489.60
Other Funds (Non Cash)-602.63438.58-1,943.741,761.91-2,009.7438,247.70
Funds from Operations5,310.706,534.805,278.84-1,528.765,185.616,514.54
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-1,837.49-1,920.24-3,314.359,656.41-2,200.721,782.41
Cash from Operating Activities3,473.214,614.561,964.498,127.652,984.898,296.95
Capital Expenditures-225.99-754.71-188.02-598.89-185.92-591.64
Net Assets From Acquisitions-60.53-34.45-29.82-31.60-30.350.49
Sale of Fixed Assets and Businesses10.761,431.0627.232,159.5363.24239.80
Purchase or Sale of Investments13.45-319.021,382.28-1,752.101,859.23-189.54
Purchase of Investments-36.324.19-76.50-18.27-260.55-27.47
Sale Or Maturity of Investments49.77-323.211,458.78-1,733.832,119.78-162.06
Other Uses-258.270.000.000.000.000.00
Other Sources2.6936.5010.3750.340.0033.84
Cash from Investing Activities-517.89359.371,202.04-172.721,706.19-507.04
Cash Dividends Paid-3,543.16-3,631.19-3,383.08-3,434.20-3,294.76-3,277.95
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-1,010.22-908.17-662.61-441.78-580.54-2.20
Repurchase of Common Pref Stock-1,010.22-908.17-662.61-441.78-580.54-2.20
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-203.12-812.85654.83-4,224.161,097.83-3,287.11
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow-150.66167.31-657.42-169.70-217.54-199.03
Other Financing Activities Uses-154.69-1,238.80-658.72-169.83-223.87-204.05
Cash from Financing Activities-5,055.12-5,325.06-4,198.70-8,402.84-3,122.75-6,891.00
Exchange Rate Effect45.7484.95-186.72-283.03-79.68-155.07
Net Change in Cash-2,054.06-266.18-1,218.89-730.951,488.65743.84
Free Cash Flow3,292.964,010.271,830.937,647.032,838.177,856.12
Price to Free Cash Flow1,042.74-39.2221.3016.7514.24

Revenue breakdown

Combustibles2024: 26.43B 2025: 26.62B
New Categories2024: 4.39B 2025: 4.77B
Others2024: 840.88M 2025: 981.57M
Traditional Oral2024: 1.40B 2025: 1.37B
Foreign countries2024: 32.73B 2025: 33.39B
United Kingdom2024: 324.59M 2025: 353.10M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.26%5.6M2146.6M4.89M
2026-10-150.17%3.7M2147.8M4.64M
2026-09-300.13%2.9M2149.1M4.53M
2026-09-150.13%2.7M2150.3M4.67M
2026-08-310.13%2.8M2151.3M4.35M
2026-08-140.18%3.9M2153.0M4.18M
2026-07-310.29%6.2M2154.6M4.28M
2026-07-150.32%6.9M2161.7M4.07M
2026-06-300.29%6.3M2162.8M4.25M
2026-06-150.27%5.8M2164.4M4.17M
2026-05-290.16%3.6M2298.4M4.41M
2026-05-150.28%6.1M2166.6M4.71M
2026-04-300.33%7.1M2167.7M4.90M
2026-04-150.37%8.0M2168.8M5.21M
2026-03-310.60%13.0M2170.7M5.03M
2026-03-130.30%6.6M2171.1M4.57M
2026-02-270.25%5.4M2172.3M4.22M
2026-02-130.27%5.9M2167.2M4.01M
2026-01-300.27%5.8M2169.0M3.78M
2026-01-150.26%5.6M2169.0M3.52M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call30.0029.0031.2023.352.5050.000.000.991-0.0160.002
call35.0024.0026.2018.142.0110.000.000.990-0.0160.002
call40.0019.0021.5019.751.9121.000.000.987-0.0150.003
call45.0014.3017.300.001.9510.000.000.984-0.0150.004
call50.0011.0011.3010.421.11817.000.000.977-0.0140.005
call55.005.606.505.400.6661,33211.000.963-0.0130.007
call60.001.401.801.200.3281,07133.000.653-0.0550.035
call65.000.000.100.050.2472,05998.000.086-0.0240.015
call70.000.000.150.050.4622030.000.030-0.0170.006
call75.000.000.100.300.6691.000.000.022-0.0180.005
call80.000.000.750.000.8120.000.000.019-0.0200.004
call85.000.000.050.000.9620.000.000.016-0.0210.004
put30.000.002.150.001.9950.000.00-0.007-0.0220.002
put35.000.002.150.001.5960.000.00-0.009-0.0210.002
put40.000.002.150.001.2470.000.00-0.012-0.0200.003
put45.000.002.150.070.93411.000.00-0.015-0.0190.004
put50.000.000.050.020.6473290.00-0.021-0.0180.005
put55.000.000.050.040.37466322.00-0.036-0.0160.007
put60.000.450.550.550.25940316.00-0.346-0.0580.035
put65.003.704.601.750.51418.000.00-0.913-0.0260.015
put70.008.5010.308.631.0950.000.00-0.969-0.0180.006
put75.0012.8016.1020.521.6710.000.00-0.976-0.0190.005
put80.0017.8021.1025.981.9460.000.00-0.980-0.0200.004
put85.0022.8026.1031.042.1910.000.00-0.983-0.0200.004

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-106-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-10SEC
2026-11-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-06SEC
2026-11-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-05SEC
2026-11-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-02SEC
2026-10-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-28SEC
2026-10-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-23SEC
2026-10-206-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-20SEC
2026-10-156-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-15SEC
2026-10-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-09SEC
2026-10-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-07SEC
2026-10-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-02SEC
2026-10-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-01SEC
2026-09-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-29SEC
2026-09-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-09SEC
2026-09-0825-NSESEC
2026-09-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-03SEC
2026-09-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-02SEC
2026-09-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-01SEC
2026-08-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-28SEC
2026-08-266-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-26SEC
2026-08-206-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-20SEC
2026-08-186-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-18SEC
2026-08-11CERTSEC
2026-08-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-06SEC
2026-08-058-A12BSEC
2026-08-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-03SEC
2026-08-04424B2SEC
2026-08-04FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-08-04FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-08-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-04SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
Capital International Investors2.27%
FMR LLC2.18%
Capital Research Global Investors1.40%
GQG Partners LLC1.13%
BlackRock, Inc.0.93%
BANK OF AMERICA CORP /DE/0.49%
Capital World Investors0.45%
MORGAN STANLEY0.36%
Orbis Allan Gray Ltd0.34%
JPMORGAN CHASE & CO0.25%

Funds

Fund% owned
Washington Mutual Investors Fund2.27%
American Mutual Fund1.10%
Goldman Sachs GQG Partners International Opportunities Fund0.44%
BlackRock Equity Dividend Fund0.35%
Strategic Advisers Fidelity U.S. Total Stock Fund0.26%
Capital Income Builder0.14%
Fidelity Series Value Discovery Fund0.14%
Fidelity Series Large Cap Stock Fund0.14%
Washington Mutual Investors Fund0.13%
Fidelity Growth and Income Portfolio0.09%

OakChart. BTI. Cached 15 minutes.

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