stockrowBritish 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.
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British American Tobacco p.l.c. (BTI) Return on invested capital
British American Tobacco p.l.c.'s return on invested capital over the twelve months to 30 June 2026 was 0.00%, down 7.9 percentage points from fiscal 2025 (7.87%). Over the past ten years it has ranged from −11.3% (fiscal 2023) to 14.2% (fiscal 2015); the current reading is higher than 82% of that period. That is below the Tobacco industry median of 1.93% and below the Consumer Defensive sector median of 0.96%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 7.87% | 5.76 |
| FY2024 | 2.11% | 13.37 |
| FY2023 | −11.3% | (16.99) |
| FY2022 | 5.73% | (0.43) |
| FY2021 | 6.16% | 0.15 |
| FY2020 | 6.01% | 0.74 |
| FY2019 | 5.27% | 0.00 |
| FY2018 | 5.27% | 1.49 |
| FY2017 | 3.78% | (7.55) |
| FY2016 | 11.3% | (2.89) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| MO Altria Group, Inc. compare | 36.0% |
| PM Philip Morris International Inc. compare | 29.8% |
| TPB Turning Point Brands, Inc. compare | 9.77% |
| RLX RLX Technology Inc. Sponsored ADR compare | 5.28% |
| UVV Universal Corporation compare | 3.51% |
| AIIR Air Global PLC compare | 1.93% |
| RYM RYTHM, Inc. compare | 0.00% |
| BTI British American Tobacco p.l.c. | 0.00% |
| ISPR Ispire Technology Inc. compare | 0.00% |
| Tobacco industry median | 1.93% |
| Consumer Defensive sector median | 0.96% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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- Price to free cash flow
- EV/EBITDA
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- Return on equity
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- Current ratio
- Total debt
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