BTI NYSE
British American Tobacco p.l.c.
1W: +1.2%
1M: +8.4%
3M: -3.6%
YTD: +10.6%
1Y: +21.8%
3Y: +150.8%
5Y: +140.8%
$59.83
-0.27 (-0.45%)
Pre-Market: $60.12 (+0.30, +0.49%)
Weekly Expected Move ±3.9%
$55
$57
$60
$62
$64
Credit Risk of going bust: lower than 74% of companies Debt: 26.6% of company value Bonds: $32.3M held by 20 funds → details ▾
If the stock fell to about $1.28 (down 98%), British American Tobacco p.l.c. would be worth roughly what it owes.
Total debt $46.67B against a stock market value of $128.62B.
Distance to default 8.35 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $25.67B (short-term plus half of long-term), stock volatility 25.8%; Altman Z'' 2.02. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Total debt $46.67B against a stock market value of $128.62B.
Distance to default 8.35 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $25.67B (short-term plus half of long-term), stock volatility 25.8%; Altman Z'' 2.02. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Overview
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Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Cash Flow Trends
Operating Cash Flow
$6.3B
-37.4% ▼
5Y CAGR: -8.3%
Capital Expenditures
$551M
+9.4% ▲
5Y CAGR: +1.5%
Free Cash Flow
$5.8B
-39.2% ▼
5Y CAGR: -9.0%
Dividends Paid
$5.1B
+1.7% ▲
Buybacks
$1.1B
-44.9% ▼
Net Change in Cash
-$1.3B
-324.4% ▼
Cash Flow Composition
Year-over-Year Growth
View Full Cash Flow Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| — Operating Activities — | |||||
| Net Income | $6.8B | $6.7B | -$14.2B | $3.2B | $7.8B |
| Depreciation & Amort. | $901M | $834M | $24.0B | $3.1B | $2.5B |
| Stock-Based Comp. | $0 | $0 | $0 | $0 | $0 |
| Change in Working Capital | -$62M | $103M | -$469M | $5.8B | -$3.4B |
| Other Non-Cash Items | $2.1B | $2.8B | $1.4B | -$1.9B | -$532M |
| Operating Cash Flow | $9.7B | $10.4B | $10.7B | $10.1B | $6.3B |
| — Investing Activities — | |||||
| Capital Expenditures | -$527M | -$523M | -$460M | -$486M | -$551M |
| Acquisitions (Net) | -$231M | -$39M | $122M | $1.5B | $1.0B |
| Investment Purchases | -$369M | -$257M | -$448M | -$216M | -$54M |
| Investment Sales | $141M | $128M | $405M | $299M | $848M |
| Other Investing | -$154M | -$14M | $85M | $249M | $117M |
| Investing Cash Flow | -$1.1B | -$705M | -$296M | $1.4B | $1.4B |
| — Financing Activities — | |||||
| Net Debt Issuance | -$3.9B | $223M | -$1.6B | -$2.4B | -$295M |
| Stock Repurchased | -$82M | -$2.1B | -$110M | -$792M | -$1.1B |
| Dividends Paid | -$4.9B | -$4.9B | -$5.1B | -$5.2B | -$5.1B |
| Other Financing | $102M | -$2.1B | -$2.5B | -$2.2B | -$2.2B |
| Financing Cash Flow | -$8.7B | -$8.9B | -$9.3B | -$10.6B | -$8.8B |
| Net Change in Cash | -$425M | $874M | $1.2B | $587M | -$1.3B |
| Cash End of Period | $2.5B | $3.3B | $4.5B | $5.1B | $3.8B |
| Free Cash Flow | $9.2B | $9.9B | $10.3B | $9.5B | $5.8B |