British American Tobacco p.l.c (BTAFF) Beginning Cash Balance (2017 - 2026)
British American Tobacco p.l.c's (BTAFF) quarterly Beginning Cash Balance came in at $3.3 billion in Q2 2026, down 40.39% on a YoY basis from $5.6 billion in Q2 2025, and down 34.27% quarter-over-quarter from $5.0 billion in Q4 2025.
Analysis
British American Tobacco p.l.c (BTAFF) Beginning Cash Balance (2017 - 2026) Analysis & Trends
British American Tobacco p.l.c (BTAFF) has reported Beginning Cash Balance for 10 consecutive years, with $3.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Beginning Cash Balance fell 40.39% year-over-year to $3.3 billion; the trailing twelve-month figure through Jun 2026 stood at $3.3 billion (down 40.39% YoY), and the FY2025 full-year result was $5.0 billion, down 23.11% from the prior year.
- Beginning Cash Balance slipped to $3.3 billion in Q2 2026 per BTAFF's latest filing, from $5.0 billion in the prior quarter.
- Across five years, Beginning Cash Balance topped out at $7.2 billion in Q2 2024 and bottomed at $3.3 billion in Q2 2026.
- Historically, Beginning Cash Balance has averaged $5.0 billion across 5 years, with a median of $4.7 billion in 2023.
- The sharpest annual moves came in 2024 and 2026: Beginning Cash Balance soared 61.2% in 2024, then plunged 40.39% in 2026.
- Over 5 years, Beginning Cash Balance stood at $3.9 billion in 2022, then gained by 13.91% to $4.5 billion in 2023, then surged by 46.93% to $6.6 billion in 2024, then slipped by 23.11% to $5.0 billion in 2025, then sank by 34.27% to $3.3 billion in 2026.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $3.3 billion, $5.0 billion, and $5.6 billion for Q2 2026, Q4 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 289.42 Bn | 283.42 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - |
| 3 | Altria | 113.23 Bn | 110.86 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.45 Bn | 1.18 Bn | 93.70 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 |
| 7 | 22nd Century | 441,498.49 | -5.62 Mn | -293,000.00 |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.31 Bn |
| Dec 31, 2025 | 5.04 Bn |
| Jun 30, 2025 | 5.55 Bn |
| Dec 31, 2024 | 6.55 Bn |
| Jun 30, 2024 | 7.19 Bn |
| Jun 30, 2023 | 4.46 Bn |
| Dec 31, 2022 | 3.91 Bn |
| Jun 30, 2022 | 4.05 Bn |
| Dec 31, 2021 | 3.32 Bn |
| Jun 30, 2021 | 3.77 Bn |
| Dec 31, 2020 | 3.81 Bn |
| Jun 30, 2020 | 5.40 Bn |
| Dec 31, 2019 | 2.62 Bn |
| Jun 30, 2019 | 3.07 Bn |
| Dec 31, 2018 | 3.00 Bn |
| Jun 30, 2018 | 2.39 Bn |
| Dec 31, 2017 | 3.75 Bn |
| Jun 30, 2017 | 1.80 Bn |