British American Tobacco p.l.c.

BTI Consumer Defensive Tobacco

British American Tobacco p.l.c.’s revenue for fiscal 2025 (year ended December 2025) was $33.8 billion, up 2.17% from fiscal 2024.

63.11 0.14 +0.22%
Market cap
$135.6B
P/E
8.0×
Fwd P/E
13.9×
Dividend yield
5.27%
F-score
7/9
Altman Z
1.73
Beneish M
−2.24
Dividend safety
32/100

British American Tobacco p.l.c. (BTI) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, British American Tobacco p.l.c. (BTI) trades at a EV/FCF of 1.6×. Over the past ten years it has ranged from 0.5× (June 2015) to 3.4× (December 2018); the current reading is higher than 62% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2025 1.5× 27.55%
FY2024 1.2× (7.28%)
FY2023 1.3× (14.75%)
FY2022 1.5× (3.35%)
FY2021 1.6× (10.82%)
FY2020 1.8× 0.68%
FY2019 1.7× (24.63%)
FY2018 2.3× (21.15%)
FY2017 2.9× 144.40%
FY2016 1.2× 5.93%

Quarterly newest first

Period EV/FCF Change
Jun 2023 3.7× (15.79%)
Dec 2022 4.4× (6.69%)
Jun 2022 4.7× 10.21%
Dec 2021 4.3× (14.18%)
6 more quarters

Against its own ten years

Low 0.5× High 3.4×
Ten-year median 1.5×
Current reading's percentile 58

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

More on BTI