British American Tobacco p.l.c. (BTI)

From the record

British American Tobacco p.l.c.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

British American Tobacco p.l.c.'s 10 filed years say what it did: revenue went from GBP 14 billion in fiscal 2016 to GBP 26 billion in fiscal 2025, up 6.8% a year; it rose in 4 of 9 years; the deepest fall was 7% from fiscal 2022 to fiscal 2025; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, British American Tobacco p.l.c.'s diluted share count shrank about 1.0% a year, and dividends and buybacks returned about 7% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, British American Tobacco p.l.c. earned about 16 cents of profit for every dollar of shareholders' money. Leverage: it owed about 56 cents per dollar of assets, and net share issuance: its share count shrank 1.2% over the year (the filed statements).

From the record

British American Tobacco p.l.c.'s standing among 6 graded names in its industry family: revenue of GBP 26 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 30.3% ranks in the top 8%; revenue growth of -2.5% a year over the last 3 filed years ranks in the bottom 42% (its annual reports).

From the record

British American Tobacco p.l.c.'s room to grow, from the newest filed statements (fiscal 2025): cash of GBP 3.8 billion against debt of GBP 35 billion leaves -28.6% of its assets as net cash, bottom 42% of its family; cash from operations less capital spending is 22.6% of revenue (top 42%); research spending of 1.4% of revenue (top 42%) (its annual report).

From the record

British American Tobacco p.l.c.'s growth drivers, from the filed years to fiscal 2025: revenue grew -2.5% a year over the last three filed years against 6.8% over all 10, slowing (bottom 8% of its family); the newest year grew -1% (top 42%); research spending grew 3.5% a year (bottom 42%); capital spending grew 1.8% a year (bottom 42%) (its annual reports). British American Tobacco p.l.c. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

British American Tobacco p.l.c.'s newest year against its own record: revenue of GBP 26 billion in fiscal 2025 came in 2.4% above the GBP 25 billion its prior three years' pace pointed to (top 30% of its family); net income of GBP 7.8 billion against a prior three-year average of GBP 1.4 billion (top 10%); a net margin of 30.3% against -5% before (top 10%) (its annual reports).