BTI vs MO vs PYYX Stock Comparison

British American Tobacco p.l.c, Altria and Pyxus International Prices as of Oct 23, 2026 Peers: Industry group
MO Altria Group, Inc.
$74.32 +7.8% 1M +15.1% 1Y
Market cap
$122.86B
P/E
15.4x
Revenue (TTM)
$23.46B
Div. yield
0.06%
Tobacco Consumer Staples
6 wins
PYYX Pyxus International, Inc.
$2.55 -5.6% 1M -7.3% 1Y
Market cap
$62.75M
P/E
2.9x
Revenue (TTM)
$2.34B
Div. yield
–
Agricultural Products Consumer Staples
2 wins

Head to Head

11 decided of 12

Altria leads on 6 of the 12 questions below (Altria 6, British American Tobacco p.l.c 3, Pyxus International 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBTIMOPYYXLeader
Larger companyMarket capitalisation $131.57B $122.86B $62.75M BTI
Cheaper on earningsLower P/E, profitable companies only — 15.4x 2.9x PYYX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.0x 12.7x — MO
Faster revenue growthRevenue growth, trailing twelve months — -0.6% -0.6% PYYX
More profitableNet margin, trailing twelve months — 34.0% 1.0% MO
Better return on capitalReturn on invested capital — 38.9% 2.0% MO
Less leveragedLower net debt / EBITDA — 2.0x 5.9x MO
Higher dividend yieldTrailing dividend yield 0.00% 0.06% — –
Better 1-year returnPrice return, last 12 months +14.7% +15.1% -7.3% MO
Better 5-year returnAnnualised price return, 5 years +10.5%/yr +9.0%/yr +6.2%/yr BTI
Less volatileAnnualised volatility, 1 year 26.0% 26.8% 101.7% BTI
Higher overall scoreMean of the five percentile scores vs peers — 65/100 59/100 MO

Percentile Scorecard

BTIMOPYYX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBTIMOPYYX
Valuation – 76 #10 of 38 70 #11 of 34
Growth – 27 #26 of 35 100 #1 of 31
Profitability – 100 #1 of 36 54 #14 of 29
Financial Health 24 #30 of 39 21 #31 of 39 11 #33 of 37
Shareholder Returns – 100 #1 of 13 –
Overall – 65 59
  • BTI ranked among 40 companies in Tobacco and Cannabis
  • MO ranked among 40 companies in Tobacco and Cannabis
  • PYYX ranked among 38 companies in Agribusiness

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBTIMOPYYXSPY
1 month +6.5%+7.8%-5.6% -1.0%
3 months -2.4%+1.8%-27.1% +2.9%
6 months +2.4%+11.1%+1.2% +6.4%
Year to date +5.1%+28.9%-27.6% +11.4%
1 year +14.7%+15.1%-7.3% +13.1%
3 years +100.1%+74.7%+96.2% +79.4%
3 years, per year +26.0%+20.5%+25.2% +21.5%
5 years +64.5%+54.1%+34.9% +67.7%
5 years, per year +10.5%+9.0%+6.2% +10.9%
10 years +5.0%+16.7%— +255.2%
10 years, per year +0.5%+1.6%— +13.5%

Risk

MeasureBTIMOPYYXSPY
Volatility, 1Y 26.0%26.8%101.7% 12.7%
Downside volatility, 1Y 24.8%29.6%124.2% 12.7%
Beta vs S&P 500, 1Y 0.13-0.52-0.34 1.00
Return / volatility, 1Y 0.570.56-0.07 1.03
Max drawdown, 5Y -39.8%-30.6%-96.0% -25.4%
From 52-week high -10.8%-2.3%-36.3% -2.5%
52-week high $66.70$76.07$4.00 $779.14
52-week low $51.19$54.72$2.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBTIMOPYYX
P/E now vs peer median —median 16.7x 15.6xmedian 16.7x 2.9xmedian 14.9x
P/S now vs peer median —median 0.9x 5.3xmedian 0.9x 0.0xmedian 0.5x
EV/EBITDA now vs peer median —median 12.2x 13.1xmedian 12.2x 6.2xmedian 9.0x
P/FCF now vs peer median —median 22.9x 13.6xmedian 22.9x -0.7xmedian 15.2x
P/B now vs peer median 2.2xmedian 1.0x -46.5xmedian 1.0x 0.4xmedian 1.1x
PEG now vs peer median —median 0.55 2.03median 0.55 0.07median 1.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBTIMOPYYX
Revenue – $23.46B $2.34B
Gross profit – $14.77B $343.47M
Operating income – $10.97B $157.37M
Net income – $7.97B $23.64M
Free cash flow – $9.11B -$94.83M
EPS (diluted) – $4.77 $0.89
Cash & equivalents $3.34B $2.37B $175.91M
Total debt $198.75B $24.58B $5.71B
Shares (diluted) 2.20B 1.67B 26.06M
Enterprise value $107.94B $109.02B -$469.71M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBTIMOPYYX
P/E – 15.6x 2.9x
P/FCF – 13.6x -0.7x
P/Operating cash flow – 13.2x -0.9x
P/S – 5.3x 0.0x
P/B 2.2x -46.5x 0.4x
P/Tangible book 2.2x -8.5x 0.4x
EV/EBITDA – 13.1x 6.2x
EV/EBIT – 13.3x 7.4x
EV/Revenue – 6.2x 0.5x
EV/FCF – 16.1x -12.4x
EV/Operating cash flow – 15.6x -16.1x
PEG (3Y EPS CAGR) – 2.03 0.07

Growth

14 metrics
MetricBTIMOPYYX
Revenue growth (1Y) – -0.6% -0.6%
Revenue CAGR (3Y) – -2.0% 4.6%
Gross profit growth (1Y) – 1.8% 5.8%
Gross profit CAGR (3Y) – 1.1% 5.4%
Operating income growth (1Y) – -0.7% 17.6%
Operating income CAGR (3Y) – -1.8% 8.5%
Net income growth (1Y) – -9.3% 657.0%
Net income CAGR (3Y) – 5.4% 44.7%
EPS growth (1Y) – -8.5% 529.6%
EPS CAGR (3Y) – 7.7% 43.2%
Operating cash flow growth (1Y) – 6.0% 71.6%
Operating cash flow CAGR (3Y) – 2.2% 26.2%
Free cash flow growth (1Y) – 4.4% 66.0%
Free cash flow CAGR (3Y) – 2.0% 21.9%

Profitability

14 metrics
MetricBTIMOPYYX
Gross margin – 63.0% 14.7%
EBITDA margin – 47.8% 8.1%
Operating margin – 46.8% 6.7%
Pretax margin – 44.2% 1.0%
Net margin – 34.0% 1.0%
FCF margin – 38.8% -4.0%
Operating cash flow margin – 40.1% -3.1%
Return on equity – – 13.4%
Return on assets – 23.5% 1.3%
Return on invested capital – 38.9% 2.0%
Return on capital employed – 41.9% 26.5%
Asset turnover – 0.7x 1.3x
Cash conversion (OCF / net income) – 1.2x -3.1x
Stock comp / revenue – – 0.0%

Financial Health

11 metrics
MetricBTIMOPYYX
Debt / assets 32.3% 73.6% 63.7%
Debt / equity 0.8x -9.2x 7.3x
Net debt / EBITDA – 2.0x 5.9x
Debt / FCF – 2.7x -13.5x
Liabilities / assets 57.1% 108.0% 91.3%
Equity / assets 42.9% -8.0% 8.7%
Interest coverage – – –
Current ratio 0.8x 0.5x 1.3x
Quick ratio 0.5x 0.4x 0.3x
Cash ratio 0.2x 0.3x 0.1x
Altman Z-score – 5.25 1.51

Shareholder Returns

7 metrics
MetricBTIMOPYYX
Dividend yield 5.4% 5.8% –
Net buyback yield – 0.6% –
Shareholder yield 5.4% 6.4% –
Payout ratio (earnings) – 88.6% –
Payout ratio (FCF) – 77.5% –
Dividend growth (1Y) – 2.7% –
Dividend CAGR (3Y) – 1.8% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBTIMOPYYX
Forward P/E 13.0xFY2026 12.7xFY2026 –
EPS, next fiscal year $4.57FY2026 $5.84FY2026 –
EPS growth, next FY -5.0%FY2026 +7.7%FY2026 –
EPS growth, the year after +18.2% +4.1% –
Revenue, next fiscal year $32.96BFY2026 $19.71BFY2026 –
Revenue growth, next FY -8.6%FY2026 -2.1%FY2026 –
Revenue growth, the year after +12.8% -0.8% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBTIMOPYYX
Held by institutions 15.0% 64.0% –
Institutions holding 906 2,547 –
Change in shares held, QoQ +2.7% +3.6% –
Institutions buying 488 1,348 –
Institutions selling 264 821 –
Buyers to sellers 1.85 1.64 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BTIMOPYYX
BTI 1.00 0.55 -0.08
MO 0.55 1.00 -0.12
PYYX -0.08 -0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BTI, MO and PYYX?

British American Tobacco p.l.c (BTI) is the largest by market capitalisation: British American Tobacco p.l.c (BTI) $131.57B, Altria (MO) $122.86B, Pyxus International (PYYX) $62.75M.

Which stock is cheaper, BTI, MO and PYYX?

Pyxus International (PYYX) trades on the lowest price-to-earnings ratio (Altria (MO) 15.4x, Pyxus International (PYYX) 2.9x). On next year's consensus earnings, Altria (MO) is cheapest (British American Tobacco p.l.c (BTI) 13.0x, Altria (MO) 12.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Pyxus International (PYYX) grew revenue fastest over the trailing twelve months: Altria (MO) -0.6%, Pyxus International (PYYX) -0.6%.

Which company is more profitable?

Altria (MO) has the highest net margin (Altria (MO) 34.0%, Pyxus International (PYYX) 1.0%). On return on invested capital, Altria (MO) leads (Altria (MO) 38.9%, Pyxus International (PYYX) 2.0%).

Which stock has performed better?

Over the past year Altria (MO) returned the most: British American Tobacco p.l.c (BTI) +14.7%, Altria (MO) +15.1%, Pyxus International (PYYX) -7.3%. Over five years, British American Tobacco p.l.c (BTI) compounded fastest (British American Tobacco p.l.c (BTI) +10.5%/yr, Altria (MO) +9.0%/yr, Pyxus International (PYYX) +6.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: British American Tobacco p.l.c (BTI) 0.00%, Altria (MO) 0.06%. British American Tobacco p.l.c (BTI) and Pyxus International (PYYX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, British American Tobacco p.l.c (BTI) has been the steadiest (British American Tobacco p.l.c (BTI) 26.0%, Altria (MO) 26.8%, Pyxus International (PYYX) 101.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BTI, MO and PYYX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Altria (MO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.