British American Tobacco p.l.c (BTI) Amortization (2013 - 2025)

British American Tobacco p.l.c (BTI) reported Amortization of $16.8 billion for Q4 2025, down 8.15% on a YoY basis from $18.3 billion in Q4 2024, and down 8.97% quarter-over-quarter from $18.5 billion in Q2 2025.

British American Tobacco p.l.c (BTI) Amortization (2013 - 2025) Analysis & Trends

British American Tobacco p.l.c has reported Amortization for 13 years, with the latest figure at $16.8 billion in Q4 2025.

  • For the quarter ending Q4 2025, Amortization fell 8.15% year-over-year to $16.8 billion; the trailing twelve-month figure through Dec 2025 stood at $16.8 billion (down 8.15% YoY), and the FY2025 full-year result was $16.7 billion, down 8.95% from the prior year.
  • Amortization for Q4 2025 stood at $16.8 billion, down from $18.5 billion in the prior quarter.
  • The five-year high for Amortization was $20.4 billion in Q4 2022, with the low at $16.8 billion in Q4 2025.
  • Historically, Amortization has averaged $19.0 billion across 5 years, with a median of $19.2 billion in 2023.
  • Annual changes were most pronounced in 2021 — Amortization gained 13.6% — and 2023, when it dropped 13.94%.
  • British American Tobacco p.l.c's Amortization stood at $20.4 billion in 2021, then grew by 0.12% to $20.4 billion in 2022, then declined by 13.94% to $17.6 billion in 2023, then increased by 4.22% to $18.3 billion in 2024, then decreased by 8.15% to $16.8 billion in 2025.
  • The last three Amortization figures came in at $16.8 billion (Q4 2025), $18.5 billion (Q2 2025), and $18.3 billion (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amort. (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn -
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn -
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - 16.84 Bn
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn -
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn -
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn -
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn -
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn -
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 -

Historic Data

Download Data
DateValue
Dec 31, 2025 16.84 Bn
Dec 31, 2025 16.84 Bn
Jun 30, 2025 18.50 Bn
Jun 30, 2025 18.50 Bn
Dec 31, 2024 18.33 Bn
Dec 31, 2024 18.33 Bn
Jun 30, 2024 20.02 Bn
Jun 30, 2024 20.02 Bn
Dec 31, 2023 17.59 Bn
Dec 31, 2023 17.59 Bn
Jun 30, 2023 19.88 Bn
Jun 30, 2023 19.88 Bn
Dec 31, 2022 20.44 Bn
Dec 31, 2022 20.44 Bn
Jun 30, 2022 17.83 Bn
Jun 30, 2022 17.83 Bn
Dec 31, 2021 20.41 Bn
Dec 31, 2021 20.41 Bn
Jun 30, 2021 19.93 Bn
Jun 30, 2021 19.93 Bn