BTI vs TPB vs PFGC Stock Comparison

British American Tobacco p.l.c, Turning Point Brands and Performance Food Prices as of Oct 23, 2026 Peers: Industry group
PFGC Performance Food Group Co
$94.74 +4.3% 1M -6.9% 1Y
Market cap
$14.91B
P/E
41.5x
Revenue (TTM)
$67.84B
Div. yield
–
Food Distribution Consumer Staples
1 win

Head to Head

10 decided of 12

Turning Point Brands leads on 5 of the 12 questions below (Turning Point Brands 5, British American Tobacco p.l.c 4, Performance Food 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBTITPBPFGCLeader
Larger companyMarket capitalisation $131.57B $1.29B $14.91B BTI
Cheaper on earningsLower P/E, profitable companies only — 29.0x 41.5x TPB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.0x 54.7x 16.1x BTI
Faster revenue growthRevenue growth, trailing twelve months — +24.5% +7.2% TPB
More profitableNet margin, trailing twelve months — 8.8% 0.5% TPB
Better return on capitalReturn on invested capital — 9.1% 6.6% TPB
Less leveragedLower net debt / EBITDA — — 2.9x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +14.7% -27.1% -6.9% BTI
Better 5-year returnAnnualised price return, 5 years +10.5%/yr +6.2%/yr +15.7%/yr PFGC
Less volatileAnnualised volatility, 1 year 26.0% 56.5% 29.2% BTI
Higher overall scoreMean of the five percentile scores vs peers — 53/100 41/100 TPB

Percentile Scorecard

BTITPBPFGC

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

AxisBTITPBPFGC
Valuation – 32 #26 of 38 59 #17 of 40
Growth – 50 #18 of 35 60 #16 of 38
Profitability – 89 #5 of 36 42 #22 of 37
Financial Health 24 #30 of 39 79 #9 of 39 41 #24 of 40
Shareholder Returns – 17 #11 of 13 4 #27 of 28
Overall – 53 41
  • BTI ranked among 40 companies in Tobacco and Cannabis
  • TPB ranked among 40 companies in Tobacco and Cannabis
  • PFGC ranked among 41 companies in Staples Retail

Price Performance

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

Returns

PeriodBTITPBPFGCSPY
1 month +6.5%+6.0%+4.3% -1.0%
3 months -2.4%-16.0%-15.0% +2.9%
6 months +2.4%-18.2%+4.9% +6.4%
Year to date +5.1%-40.9%+5.4% +11.4%
1 year +14.7%-27.1%-6.9% +13.1%
3 years +100.1%+198.5%+71.4% +79.4%
3 years, per year +26.0%+44.0%+19.7% +21.5%
5 years +64.5%+34.8%+107.6% +67.7%
5 years, per year +10.5%+6.2%+15.7% +10.9%
10 years +5.0%+380.6%+283.1% +255.2%
10 years, per year +0.5%+17.0%+14.4% +13.5%

Risk

MeasureBTITPBPFGCSPY
Volatility, 1Y 26.0%56.5%29.2% 12.7%
Downside volatility, 1Y 24.8%66.0%28.9% 12.7%
Beta vs S&P 500, 1Y 0.130.600.38 1.00
Return / volatility, 1Y 0.57-0.48-0.24 1.03
Max drawdown, 5Y -39.8%-61.4%-32.3% -25.4%
From 52-week high -10.8%-55.2%-18.8% -2.5%
52-week high $66.70$142.98$116.71 $779.14
52-week low $51.19$55.23$81.03 $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.

MultipleBTITPBPFGC
P/E now vs peer median —median 16.7x 28.6xmedian 16.7x 41.1xmedian 21.6x
P/S now vs peer median —median 0.9x 2.5xmedian 0.9x 0.2xmedian 0.5x
EV/EBITDA now vs peer median —median 12.2x —median 12.2x 11.5xmedian 9.7x
P/FCF now vs peer median —median 22.9x 65.4xmedian 22.9x 14.4xmedian 17.8x
P/B now vs peer median 2.2xmedian 1.0x 2.8xmedian 1.0x 3.0xmedian 3.0x
PEG now vs peer median —median 0.55 0.55median 0.55 -11.84median 1.06

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 monthsBTITPBPFGC
Revenue – $507.23M $67.84B
Gross profit – $300.08M $8.09B
Operating income – $75.01M $887.50M
Net income – $59.64M $359.30M
Free cash flow – $19.63M $1.03B
EPS (diluted) – $2.21 $2.29
Cash & equivalents $3.34B $270.20M $92.40M
Total debt $198.75B $1.18B $21.04B
Shares (diluted) 2.20B 20.16M 157.00M
Enterprise value $107.94B $400.16M $14.69B

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
MetricBTITPBPFGC
P/E – 28.6x 41.1x
P/FCF – 65.4x 14.4x
P/Operating cash flow – 39.8x 10.5x
P/S – 2.5x 0.2x
P/B 2.2x 2.8x 3.0x
P/Tangible book 2.2x 3.3x 4.4x
EV/EBITDA – – 11.5x
EV/EBIT – 17.4x 22.2x
EV/Revenue – 2.6x 0.3x
EV/FCF – 66.6x 19.1x
EV/Operating cash flow – 40.6x 13.9x
PEG (3Y EPS CAGR) – 0.55 -11.84

Growth

14 metrics
MetricBTITPBPFGC
Revenue growth (1Y) – 24.5% 7.2%
Revenue CAGR (3Y) – 11.1% 5.8%
Gross profit growth (1Y) – 31.0% 9.1%
Gross profit CAGR (3Y) – 16.3% 9.0%
Operating income growth (1Y) – -15.0% 8.7%
Operating income CAGR (3Y) – 0.3% 5.0%
Net income growth (1Y) – 23.8% 5.6%
Net income CAGR (3Y) – 69.6% -3.3%
EPS growth (1Y) – -7.6% 5.2%
EPS CAGR (3Y) – 52.4% -3.5%
Operating cash flow growth (1Y) – -46.5% 16.8%
Operating cash flow CAGR (3Y) – -14.0% 19.3%
Free cash flow growth (1Y) – -62.4% 46.2%
Free cash flow CAGR (3Y) – -24.4% 22.3%

Profitability

14 metrics
MetricBTITPBPFGC
Gross margin – 59.2% 11.9%
EBITDA margin – – 2.5%
Operating margin – 14.8% 1.3%
Pretax margin – 13.6% 0.7%
Net margin – 8.8% 0.5%
FCF margin – 3.9% 1.5%
Operating cash flow margin – 6.4% 2.1%
Return on equity – 14.2% 7.5%
Return on assets – 7.3% 1.9%
Return on invested capital – 9.1% 6.6%
Return on capital employed – 10.3% 6.6%
Asset turnover – 0.6x 3.6x
Cash conversion (OCF / net income) – 0.5x 3.9x
Stock comp / revenue – 1.8% 0.1%

Financial Health

11 metrics
MetricBTITPBPFGC
Debt / assets 32.3% 34.4% 26.6%
Debt / equity 0.8x 0.6x 1.0x
Net debt / EBITDA – – 2.9x
Debt / FCF – 15.0x 4.9x
Liabilities / assets 57.1% 46.9% 74.0%
Equity / assets 42.9% 53.1% 26.0%
Interest coverage – 2.7x 2.1x
Current ratio 0.8x 5.7x 1.5x
Quick ratio 0.5x 3.5x 0.6x
Cash ratio 0.2x 3.1x 0.0x
Altman Z-score – 3.73 4.71

Shareholder Returns

7 metrics
MetricBTITPBPFGC
Dividend yield 5.4% 0.5% –
Net buyback yield – -12.5% -0.3%
Shareholder yield 5.4% -12.0% -0.3%
Payout ratio (earnings) – 10.2% –
Payout ratio (FCF) – 30.9% –
Dividend growth (1Y) – 15.9% –
Dividend CAGR (3Y) – 11.9% –

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.

ConsensusBTITPBPFGC
Forward P/E 13.0xFY2026 54.7xFY2026 16.1xFY2027
EPS, next fiscal year $4.57FY2026 $1.17FY2026 $5.87FY2027
EPS growth, next FY -5.0%FY2026 -62.4%FY2026 +29.0%FY2027
EPS growth, the year after +18.2% +59.0% +19.6%
Revenue, next fiscal year $32.96BFY2026 $597.82MFY2026 $75.62BFY2027
Revenue growth, next FY -8.6%FY2026 +29.1%FY2026 +11.5%FY2027
Revenue growth, the year after +12.8% +4.7% +5.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBTITPBPFGC
Held by institutions 15.0% 99.9% 100.0%
Institutions holding 906 231 529
Change in shares held, QoQ +2.7% +8.1% -0.9%
Institutions buying 488 138 303
Institutions selling 264 66 152
Buyers to sellers 1.85 2.09 1.99

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.

BTITPBPFGC
BTI 1.00 0.29 0.35
TPB 0.29 1.00 0.24
PFGC 0.35 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BTI, TPB and PFGC?

British American Tobacco p.l.c (BTI) is the largest by market capitalisation: British American Tobacco p.l.c (BTI) $131.57B, Turning Point Brands (TPB) $1.29B, Performance Food (PFGC) $14.91B.

Which stock is cheaper, BTI, TPB and PFGC?

Turning Point Brands (TPB) trades on the lowest price-to-earnings ratio (Turning Point Brands (TPB) 29.0x, Performance Food (PFGC) 41.5x). On next year's consensus earnings, British American Tobacco p.l.c (BTI) is cheapest (British American Tobacco p.l.c (BTI) 13.0x, Turning Point Brands (TPB) 54.7x, Performance Food (PFGC) 16.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Turning Point Brands (TPB) grew revenue fastest over the trailing twelve months: Turning Point Brands (TPB) +24.5%, Performance Food (PFGC) +7.2%.

Which company is more profitable?

Turning Point Brands (TPB) has the highest net margin (Turning Point Brands (TPB) 8.8%, Performance Food (PFGC) 0.5%). On return on invested capital, Turning Point Brands (TPB) leads (Turning Point Brands (TPB) 9.1%, Performance Food (PFGC) 6.6%).

Which stock has performed better?

Over the past year British American Tobacco p.l.c (BTI) returned the most: British American Tobacco p.l.c (BTI) +14.7%, Turning Point Brands (TPB) -27.1%, Performance Food (PFGC) -6.9%. Over five years, Performance Food (PFGC) compounded fastest (British American Tobacco p.l.c (BTI) +10.5%/yr, Turning Point Brands (TPB) +6.2%/yr, Performance Food (PFGC) +15.7%/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%, Turning Point Brands (TPB) 0.00%, Performance Food (PFGC) 0.00%. British American Tobacco p.l.c (BTI) and Performance Food (PFGC) 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%, Turning Point Brands (TPB) 56.5%, Performance Food (PFGC) 29.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BTI, TPB and PFGC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Turning Point Brands (TPB) leads on 5. 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.