British American Tobacco (BATS)

Sector:

Tobacco

Index:

FTSE 100

 4,807.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 4,807.00p
  • 52 Week Low: 3,025.00p
  • Currency: UK Pounds
  • Shares Issued: 2,169.21m
  • Volume: 0
  • Market Cap: £104,274m
  • RiskGrade: 122
  • Beta: 0.00

Dividend Data

  31-Dec-2531-Dec-2431-Dec-2331-Dec-2231-Dec-21
Q1 Dividend60.06p58.88p57.73p54.45pn/a
Q2 Dividend60.06p58.88p57.72p54.45pn/a
Q3 Dividend60.06p58.88p57.72p54.45pn/a
Q4 Dividend60.06p58.88p57.72p54.45pn/a
Total Dividend240.24p235.52p230.88p217.80pn/a
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
Revenue 25,610.00 25,867.00 25,867.00 27,655.00 25,684.00
Operating Profit/(Loss) 9,997.00 2,736.00 2,736.00 10,523.00 10,234.00
Net Interest (1,819.00) (1,098.00) (1,098.00) 1,641.00 (1,486.00)
Profit Before Tax 9,859.00 3,538.00 3,538.00 9,324.00 9,163.00
Profit After Tax 7,765.00 3,181.00 3,181.00 6,846.00 6,974.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 7,765.00 3,181.00 3,181.00 6,846.00 6,974.00
Attributable to:          
Equity Holders of Parent Company 7,764.00 3,068.00 3,068.00 6,666.00 6,801.00
Minority Interests 1.00 113.00 113.00 180.00 173.00
           
Continuing EPS          
Earnings per Share - Basic 351.00p 136.70p 136.70p 293.30p 296.90p
Earnings per Share - Diluted 349.10p 136.00p 136.00p 291.90p 295.60p
Earnings per Share - Adjusted 354.00p 364.30p 364.30p 373.20p 330.40p
Continuing and Discontinued EPS          
Earnings per Share - Basic 351.00p 136.70p 136.70p 293.30p 296.90p
Earnings per Share - Diluted 349.10p 136.00p 136.00p 291.90p 295.60p
Earnings per Share - Adjusted 354.00p 364.30p 364.30p 373.20p 330.40p
           
Dividend per Share 245.04p 235.52p 235.52p 218.80p 215.60p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 4,483.00 4,379.00 4,379.00 4,867.00 4,953.00
Intangible Assets 86,934.00 94,276.00 94,276.00 129,075.00 115,625.00
Investment Properties n/a n/a n/a n/a n/a
Investments 1,854.00 2,048.00 2,048.00 2,141.00 1,998.00
Other Financial Assets 135.00 110.00 110.00 131.00 243.00
Other Non-Current Assets 3,200.00 3,792.00 3,792.00 1,923.00 1,739.00
  96,606.00 104,605.00 104,605.00 138,137.00 124,558.00
Current Assets          
Inventories 4,382.00 4,616.00 4,616.00 5,671.00 5,279.00
Trade & Other Receivables 3,802.00 3,604.00 3,604.00 4,516.00 4,068.00
Cash at Bank & in Hand 3,827.00 5,297.00 5,297.00 3,446.00 2,809.00
Current Asset Investments n/a n/a n/a 579.00 456.00
Other Current Assets 673.00 766.00 777.00 430.00 195.00
  12,684.00 14,283.00 14,294.00 14,642.00 12,807.00
           
Other Assets n/a 11.00 n/a 767.00 n/a
Total Assets 109,290.00 118,899.00 118,899.00 153,546.00 137,365.00
           
Liabilities          
Current Liabilities          
Borrowings 3,362.00 4,312.00 4,312.00 4,413.00 3,992.00
Other Current Liabilities 11,162.00 14,431.00 14,431.00 13,440.00 11,152.00
  14,524.00 18,743.00 18,743.00 17,853.00 15,144.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 31,708.00 32,638.00 32,638.00 38,726.00 35,666.00
Provisions 13,504.00 11,679.00 15,750.00 18,862.00 16,854.00
Other Non-Current Liabilities 1,409.00 5,844.00 1,773.00 2,395.00 2,300.00
  46,621.00 50,161.00 50,161.00 59,983.00 54,820.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 61,145.00 68,904.00 68,904.00 77,836.00 69,964.00
           
Net Assets 48,145.00 49,995.00 49,995.00 75,710.00 67,401.00
           
Capital & Reserves          
Share Capital 577.00 585.00 585.00 614.00 614.00
Share Premium Account 26,675.00 26,665.00 26,665.00 26,628.00 26,622.00
Other Reserves (4,148.00) (902.00) (902.00) 2,360.00 (6,032.00)
Retained Earnings 22,929.00 21,610.00 21,610.00 44,081.00 44,212.00
Shareholders Funds 46,033.00 47,958.00 47,958.00 73,683.00 65,416.00
           
Minority Interests/Other Equity 2,112.00 2,037.00 2,037.00 2,027.00 1,985.00
Total Equity 48,145.00 49,995.00 49,995.00 75,710.00 67,401.00
Cash Flow 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Net Cash Flow From Operating Activities 6,342.00 10,125.00 10,125.00 10,394.00 9,717.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities 1,387.00 1,375.00 1,375.00 (705.00) (1,140.00)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (8,762.00) (10,632.00) (10,632.00) (8,878.00) (8,749.00)
Net Increase/Decrease In Cash (1,033.00) 868.00 868.00 811.00 (172.00)
Ratios - based on IFRS 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
PE Ratio - Adjusted 11.9 7.9 6.3 8.8 8.3
PEG - Adjusted n/a n/a n/a 0.7 n/a
Earnings per Share Growth - Adjusted -3% n/a -2% 13% -1%
Dividend Cover 1.44 1.55 1.55 1.71 1.53
Revenue per Share 1,171.01p 1,168.34p 1,160.48p 1,225.84p 11.34p
Pre-Tax Profit per Share 450.80p 159.80p 158.73p 413.30p 4.04p
Operating Margin 39.04% 10.58% 10.58% 38.05% 39.85%
Return on Capital Employed 119.35% 106.62% 55.07% 88.96% 1.30%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.9 7.9 6.3 8.8 819.6
PEG - Adjusted n/a n/a n/a 0.0 n/a
Earnings per Share Growth - Adjusted -3% n/a -2% 11,090% -99%
Dividend Cover 1.44 1.55 1.55 1.71 0.02
           
Dividend Yield 5.8% 8.2% 10.3% 6.7% 7.9%
Dividend per Share Growth 4.04% n/a 7.64% 1.48% 2.47%
Operating Cash Flow per Share 289.99p 457.32p 454.24p 460.73p 424.88p
Cash Incr/Decr per Share (47.23p) 39.20p 38.94p 35.95p (0.076p)
Net Asset Value per Share (exc. Intangibles) (1,773.62p) (2,000.05p) (1,986.59p) (2,365.47p) (2,108.61p)
Net Gearing 67.87% 66.00% 66.00% 53.87% 56.33%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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